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Financing plan for Broad Ripple Park Family Center advances despite neighborhood group concerns

November 29, 2023 | Mickey Shuey

A City-County Council committee on Tuesday unanimously recommended approval of a measure that would allow up to $26 million to be spent to acquire the new Broad Ripple Park Family Center.

Kylie Conway to leave WISH-TV after decade at station

November 27, 2023 | Dave Lindquist

“News 8 Daybreak” co-anchor and Indiana University alum Kylie Conway told the IBJ she’s not ready to unveil future career plans.

Entrepreneurship: Why on earth did Megawatt sponsor a race car?

November 24, 2023 | Ilya Rekhter

It was a celebration of community, a testament to embracing risks, and a demonstration of the surprising return on investment that comes from unconventional paths.

16 Tech gears up in reach for national stage

November 24, 2023 | John Russell

The live-work-play campus has been picked to join a new national network designed to connect researchers, entrepreneurs and investors to accelerate the development of health care products and services and speed up health care innovations.

Proposed pipeline stirs questions about who controls Indiana’s water

November 24, 2023 | Peter Blanchard

Consideration of a pipeline to pump massive amounts of water from Lafayette to the LEAP Innovation and Research District in Lebanon is revealing major gaps in Indiana’s water-rights laws, some stakeholders say.

Bret Swanson: To flourish, Indiana needs to build the economy we want

November 24, 2023 | Bret Swanson

The true vibrancy of a regional economy is determined by high-value exports to other regions, often based on scalable ideas. Today, that means software, energy, advanced materials, financial products, pharmaceuticals, complex manufactured goods, digital content and technical services.

City dismisses application of 1923 law on development of historical burial grounds

November 22, 2023 | Taylor Wooten and Mickey Shuey

The city’s findings dash the hopes of a historical preservation group that the old law would require a full excavation of the city’s first public cemetery site before work could begin on a bridge over the White River and a proposed Indy Eleven soccer stadium.

Indy resident who co-founded Kiss Army to be recognized at band’s last local concert

November 22, 2023 | Dave Lindquist

As a teenager in Terre Haute, Bill Starkey championed the glam-rock band in the early 1970s and tried to recruit fans and radio stations to the cause.

Newfields board issues first statement since Nov. 10 announcement of CEO’s departure

November 21, 2023 | Dave Lindquist

The board said “there is no change in our strategy, mission and values” but it provided no additional details about Colette Pierce Burnette’s departure.

Developers planning $450M in apartments, townhouses, condos, retail in Carmel over two projects

November 21, 2023 | Daniel Bradley

The two Indianapolis-based developers have requested the city issue a total of $76 million in developer-backed bonds to help cover the cost of design and construction of the projects.

City committee delays decision on bond plan for buying Broad Ripple Family Center

November 21, 2023 | Mickey Shuey

The move follows pushback by several neighborhood groups on the north side who expressed concern about the city’s plan, which could rely heavily on the Midtown tax-increment financing district to repay bonds issued for the acquisition.

Less ‘aggressive’ legislative session coming, Statehouse leaders say

November 21, 2023 | Leslie Bonilla Muñiz, Indiana Capital Chronicle

Leaders in the Republican-dominated Indiana Legislature say they’re not planning on taking on gambling expansions, water fights or costly initiatives during the shorter non-budget session, which begins in January and must end by mid-March.

Indiana House Speaker Todd Huston presides over the chamber. (Monroe Bush for Indiana Capital Chronicle)

Prominent NBA players questioning safety of tournament courts

November 20, 2023 | The Washington Post

Players including the Indiana Pacers’ Tyrese Haliburton have expressed concern over the slipperiness of the painted courts. Celtics star Jaylen Brown suffered a groin injury in the closing seconds of the team’s game on Friday.

Protestors call for reinstatement of Burnette as Newfields CEO

November 19, 2023 | Dave Lindquist

About 40 demonstrators gathered on the opening night of the popular “Winterlights” attraction at Newfields.

Report: Newfields board member on human resources committee resigns

November 19, 2023 | Dave Lindquist

Adrienne Sims, IU Health’s chief human resources officer since 2022, resigned from the Newfields board, The Indianapolis Recorder reported.

Indiana colleges use analytics to try to increase retention

November 17, 2023 | Susan Orr

The University of Indianapolis is leading a coalition of six Indiana colleges in an $11 million grant-funded program that’s using data analytics to help boost graduation rates.

There are riches, risks when private-equity firms acquire medical practices

November 17, 2023 | John Russell

Some warn that the spiraling number of deals could lead to large physician groups having an unfairly high market share, which could lead to price increases and cost-cutting.

In face of low investor interest, Lilly again extends $1.4B offer for Point Biopharma

November 17, 2023 | John Russell

The extension comes amid pushback from several investors, including Point’s largest institutional stock holder.

Two Newfields board members resigned before CEO’s departure was announced

November 17, 2023 | Dave Lindquist

The unexplained resignations of two prominent board members join a list of unknowns hovering above recent changes at Newfields art museum and gardens.

All-in cost of Pan Am Plaza hotel, convention center expansion might surpass $1.6B

November 16, 2023 | Mickey Shuey

The city on Wednesday and Thursday sold $581 million in bonds for the development through the Indianapolis Local Public Improvement Bond Bank, consisting of $436.8 million in tax-exempt revenue bonds for the hotel portion of the project, and another $155 million for the convention center expansion.

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