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Lafayette Square Mall owner delays reopening, developing much bigger plan

August 24, 2023 | Mickey Shuey

Sojos Capital principal Fabio de la Cruz—who introduced an ambitious $200 million project for the northwest-side property in November 2021—said the new master plan will require much more investment and involve multiple development partners.

Utility expansion in HamCo’s tiny Bakers Corner could start development surge

August 25, 2023 | Daniel Bradley

Last year, Hamilton County announced a $45 million plan to extend sewer and water utilities to Bakers Corner. An additional $20 million from the state will allow the county to create a regional utility district.

Projects spur renaissance of North Mass, once considered eyesore of city’s past

August 25, 2023 | Mickey Shuey

In the past decade, the area has grown into one of the region’s hot spots, in part because a handful of developers is embracing the area’s industrial roots.

Italian steakhouse, coffee/wine bar planned for Proscenium tavern in Carmel

August 28, 2023 | Daniel Bradley

The tavern is part of the Proscenium mixed-use development by Carmel-based Birkla Investment Group and Dayton, Ohio-based Woolpert Inc., which opened in 2021.

First Merchants to establish regional HQ in Indianapolis with $18M office purchase

August 30, 2023 | Alex Brown, Inside INdiana Business

Muncie-based First Merchants Corp., parent of First Merchants Bank, plans to relocate about 175 jobs to the new headquarters and add another 100 over the next five years.

IndyGo Blue Line driving toward 2027 completion under new plans

August 30, 2023 | Taylor Wooten

Progress on the transit agency’s third rapid-transit bus line stalled a year ago when projected costs ballooned by $300 million over the expected $220 million price tag. Since then, IndyGo leaders have adjusted plans and cut costs down to a projected range of $370 to $390 million.

Hogsett, Shreve clash in Indy Chamber HobNob remarks

August 31, 2023 | Taylor Wooten

Speaking at the annual political networking event Wednesday night, mayoral candidate Jefferson Shreve blamed Mayor Joe Hogsett for a change in the debate format.

Republican mayoral candidate Jefferson Shreve (IBJ photo/Eric Learned)

Developer planning 230 townhouse, apartment units near LEAP district in Lebanon

August 31, 2023 | Daniel Bradley

Paddock Place would bring the number of housing units planned to more than 700 near the future Eli Lilly and Co. manufacturing campus.

Possible easing of marijuana restrictions could have major implications

August 31, 2023 | The Washington Post

The measure has the potential to help struggling cannabis companies in states where marijuana is legal and could remove barriers to scientific research into the health benefits of the drug.

Pete Buttigieg visits Indy to tout street-conversions grant

September 1, 2023 | Taylor Wooten

U.S. Transportation Sec. Pete Buttigieg spoke Thursday afternoon in downtown Indianapolis, flanked by one-way streets that will be converted to two-ways under a recently announced $25 million federal grant.

Businesses along U.S. 31 will be forced to move with construction. They say it’s unfair.

September 1, 2023 | Cate Charron, Inside INdiana Business

Since, 1968, Wilson Farm Market has operated along U.S. 31 in Arcadia, overseen by three generations of Wilsons. However, that might not be true for the next one.

Cecil Bohanon and John Horowitz: China’s focus on building has left it at a crossroads

September 1, 2023 | Cecil Bohanon and John Horowitz

China’s economic growth over the last 40 years has been spectacular, making China the “workshop of the world.”

Editorial: Task force should consider changes to road fund to help urban counties

September 1, 2023

Last year, a study showed what public officials have long known: There is a wide disparity in the amount of road funding that communities receive when measured by the traffic traveling on those roads. In fact, the study found that Marion County ranked dead last in state-road funding among Indiana’s 92 counties when vehicle miles traveled are taken into account.

SBA program upended in wake of Supreme Court affirmative action ruling

September 7, 2023 | The Washington Post

Thousands of Black, Latino and other minority business owners are scrambling to prove that their race puts them at a “social disadvantage” after a federal judge declared a key provision of a popular Small Business Administration program unconstitutional.

Downtown office space at crossroads, local broker says

September 8, 2023 | Mickey Shuey

John Robinson, managing director for the Indianapolis division of Chicago-based JLL, said during an IBJ panel discussion Friday that he expects at least three of downtown’s 10 major office towers to go through foreclosure or take big losses in a sale over the next few years.

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