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Articles

Bottleworks project on Mass Ave to feature food hall

September 15, 2017

The developer of the massive $260 million project is planning for space to host a broad mix of vendors, ranging from seafood purveyors and fruit-and-vegetable stands to restaurants of various sizes.

Bottleworks overview

Lilly insulin prices come under microscope

August 25, 2017

Over the past 20 years, while the price of a gallon of milk climbed 23 percent and the sticker on a Dodge Caravan minivan rose 21 percent, the list price of the insulin Humalog shot up 1,157 percent.

Eli Lilly headquarters

City prepared to kick in $4.6M toward Bottleworks project

August 15, 2017

The money will be used to move an electric transmission line that runs through the property, as well as to activate insurance policies that should cover environmental remediation costs.

Bottleworks overview

UPDATE: $15M Block 20 project snagged by appeal

August 3, 2017

Neighbors of the development proposed for a surface lot adjacent to the Athenaeum filed the appeal after a judge ruled against their challenge in July.

UPDATE: Dow Jones industrial average tops 22,000 for first time

August 2, 2017

Apple Inc.’s 5 percent gain on Wednesday, sparked by an optimistic sales forecast, propelled the Dow Jones to another record high.

City preservation officials sign off on $260M Bottleworks project

July 20, 2017

After months of discussions, the Indianapolis Historic Preservation Commission on Wednesday approved the design of a massive development that could transform the northeast end of Massachusetts Avenue.

Bottleworks overview

City pores over more designs for mammoth Bottleworks project on Mass Ave

June 22, 2017

Historic preservation officials examined plans on Wednesday for an eight-story office building and the pie-slice-shaped face for the project, in preparation of a major meeting in July.

Roche hoping to gain edge with new diabetes-testing product

May 24, 2017

Roche Group is rolling out a new blood-glucose meter and a savings program for test strips, which it says it will make diabetes care more affordable.

Life sciences firms see some fundraising success but need massive sums

May 4, 2017 | John Russell

Around Indiana, life sciences companies are searching high and low for venture capital to fund promising but expensive new products, which can take a decade or longer to develop.

focus-mark-kelley-4-450bp.jpg

Sales of existing homes in the Indianapolis area jump 19 percent

April 26, 2017

Existing-home sales in central Indiana soared in March while rising for the 16th month out of the last 17.

UPDATE: Pacers hope to lap field with splashy bid for NBA All-Star Game

April 21, 2017

Pacers President of Basketball Operations Larry Bird on Monday delivered the city’s bid to host the 2021 NBA All-Star Game to NBA executives in New York City in a specially-themed IndyCar.

larry bird pace car

Gen Con to more than double space usage in Lucas Oil Stadium

April 14, 2017

Gen Con this year plans to use more than 750,000 square feet in the Indiana Convention Center, Lucas Oil Stadium and in the connector between the two facilities. It’s the most space ever booked for an Indianapolis convention.

Gen Con 2016 gamers

ITT Tech nightmare escalates for Indianapolis credit union

March 23, 2017

The Eli Lilly Federal Credit lost a bundle on loans to ITT Technical Institute students a few years ago. Now the credit union, which adopted the Elements Financial moniker two years ago, may get hit with a lawsuit from the bankruptcy trustee for the now-defunct for-profit school operator.

Developer gets feedback on $260M Bottleworks project from city planners

March 16, 2017

Hendricks Commercial Properties has scaled back some of the plans for the massive mixed-use development at College and Massachusetts avenues, at the site of a former Coca-Cola bottling plant.

bottleworks rendering

Roche Group to cut 157 workers, including dozens locally

March 15, 2017

The Swiss-based company confirmed Wednesday morning the cuts are part of a U.S. restructuring that will result in eliminating 133 full-time workers and 24 contractors.

State committee passes bill to raise cigarette tax, hike smoking age

February 1, 2017

The measure also removes employment protections for smokers, raises the age for purchasing cigarettes to 21 and directs more money to tobacco-cessation programs.

Get ready for a smoking-hot debate over cigarette taxes

January 30, 2017

Indiana now has one of the lowest cigarette taxes in the nation. It also has one of the highest smoking rates. Some groups want to decrease the latter in part by raising the former.

Reports on Indiana VC activity differ starkly

January 13, 2017

Last year, one research firm pegged Indiana’s 2015 venture capital activity at about $55 million. This year, another firm said it was about $157 million.

Apartment project by Athenaeum delayed by neighbor challenge

January 12, 2017

Nearby residents say the $15 million multi-use development shouldn’t be allowed and have asked a judge to review a decision to approve the project by the Indianapolis Historic Preservation Commission.

Indiana venture capital deal activity hits 16-year high

January 11, 2017

Hoosier companies signed 31 venture capital deals worth $77 million last year, a 16-year-high for deal activity that underscores Indiana’s growing variety of high growth firms.

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