Greenwood-based Poynter Sheet Metal Inc. and its landlord have applied for partial property tax abatements on the project that would save them a total of $595,000 over 10 years.
On the morning of April 12, the Capital Improvement Board voted unanimously to approve a Pacers deal that will cost the quasi-governmental entity nearly $800 million over the next 25 years. But until that morning, there had been no public discussion hinting that a deal would be so costly.
Little progress has been made in replacing Anthem Inc. in the Monument Circle building that, until the end of last year, served as headquarters for the Indianapolis-based health insurance giant.
Legislation that will help fund a renovation of Bankers Life Fieldhouse will do much more: It will bail out the Capital Improvement Board, which is headed for insolvency without the additional revenue.
The leader of the Indiana House said he plans to skip votes on a major gambling-related bill after a casino investor arranged a local government contract for his law firm.
The three-day event at the JW Marriott downtown is expected to bring together more than 2,500 leaders from colleges, universities and technology firms.
The developer of two mixed-use projects south of Massachusetts Avenue downtown has been accused of harassing opponents. They’re asking city officials to deny his request for $7 million in financing due to his actions and temperament.
Lawmakers could wrap up the session as early as Wednesday but negotiations on the new two-year state budget and other issues could delay completion of its business until as late as April 29.
State lawmakers are done making changes to legislation that would provide millions in additional revenue to the Capital Improvement Board, help keep the Indiana Pacers in Indianapolis for the next 25 years and potentially support a permanent soccer stadium for the Indy Eleven.
The Post Road exit is the last major off-ramp before I-465 when approaching Indianapolis from the east on I-74. It’s considered one of the least-developed interstate exits in the Indianapolis area.
State lawmakers have given their final approval to legislation that creates funding plans for most of a $360 million renovation of Bankers Life Fieldhouse and the construction of a $150 million soccer stadium for the Indy Eleven.
Republican leaders on Tuesday afternoon released the final version of the two-year Indiana budget, which includes $539 million in additional base funding for K-12 education, and described it as a historic amount of funding for education.
The Indiana House and Senate approved a bill Wednesday afternoon that creates a special food hall permit meant to benefit the $300 million Bottleworks project in downtown Indianapolis.
One year after the closure of Carson’s at Circle Centre, city and mall officials are still looking for the right tenant—or mix of tenants—to fill the massive footprint.
The budget provides an additional $539 million in base funding for K-12 education and boosts funding for the Indiana Department of Child Services by more than a half-billion dollars over two years.
A powerful group of hoteliers that opposes a proposal to build a pair of hotels on Pan Am Plaza scored a victory in the Legislature. But the plan to construct the project remains very much alive.
