Local tourism, convention officials prepare for impact from coronavirus
Officials say no events have been canceled locally, but groups—including the NCAA and Visit Indy—are watching the news and weighing their options.
Officials say no events have been canceled locally, but groups—including the NCAA and Visit Indy—are watching the news and weighing their options.
Washington Prime Group Inc. has filed a request with the city of Carmel to rezone the 577,614-square-foot shopping center at West 146th Street and U.S. 31 to allow for a variety of new uses.
A range of job market barometers will provide some of the most vital signals about the economy in the coming weeks and months.
Halted travel and a broader economic downturn linked to the outbreak of the novel coronavirus threaten to hit already-struggling communities for months to come.
The Labor Department said Friday that the unemployment rate fell to 3.5% last month, matching a 50-year low, down from 3.6% in January.
In the late 1890s and early 1900s, mineral waters fed from local springs fueled the Martinsville economy, drawing thousands of people seeking cures for dysentery, rheumatism and muscle pain.
A trio of hotels in downtown’s construction pipeline have stalled in recent months, raising questions about whether they will ultimately move forward.
Since breaking out of China, the coronavirus has had a chilling effect on companies related to manufacturing, travel and tourism, which then hampers other industries and weakens consumer confidence.
The world’s largest economies delivered more worrisome cues Monday as anxiety over the virus outbreak sent stock and oil prices plunging and closed sites from the Sistine Chapel to Saudi Arabian schools.
A Peachtree official said the company bought the land for the development opportunity and is now “evaluating our options to potentially build on the lot.”
Nineteen hotel projects have been announced for downtown. If every one of them opens, they would add 4,203 more rooms to the central district of Indianapolis. But that’s not likely.
The president also said he was seeking to provide assistance to the airline, hotel and cruise industries, which are all suffering as Americans rapidly cancel travel plans.
The Indianapolis-based NCAA faced mounting pressure over how it will conduct its marquee event Tuesday, the same day the Ivy League canceled its conference basketball tournaments and two other Division I conferences announced that their tournaments would be played without spectators.
David Downey, 51, who ran Time Payroll from 2009 to 2017, was ordered to pay back nearly $9 million for a scheme that defrauded clients in multiple states.
Alarming clusters of the coronavirus grew on both coasts of the United States on Tuesday, with more than 70 cases now tied to a biotech conference in Boston and infections turning up at 10 nursing homes in the hard-hit Seattle area.
University of Nebraska Basketball Coach Fred Hoiberg was taken to a hospital for evaluation after he left Wednesday night’s 89-64 loss to Indiana University in the Big Ten Conference Tournament.
Combined, the events were expected to draw in upwards of $35 million in revenue for local businesses, including hotels and restaurants.
The real debate is … whether we want to matter every cycle or every so often.
The head of the Capital Improvement Board of Marion County, which owns and manages the Indiana Convention Center and Lucas Oil Stadium, on Friday acknowledged there will be an “obvious impact” from the virus.
Three housing and hotel projects are in the works at the former Fort Benjamin Harrison site in Lawrence, and planners hope these projects will accelerate efforts to redevelop part of the former U.S. Army base.