Already, the project is having an impact on existing businesses, including Village Home Furniture and Clocks, whose owner said it plans to close the store this month, rather than move.
Indianapolis outperformed its competition not by accident, but with a bold vision executed by a combination of municipal, political, neighborhood and corporate leadership.
During his two terms, Goldsmith continued the downtown revitalization begun by his predecessors. The most transformative project was Circle Centre mall.
Four decades ago, “it felt like tumbleweeds rolled down Washington Street.” But aggressive moves to build the city skyline, develop hotels and create more places to live led to a transformation of downtown.
The city’s sports landscape was sparse, indeed, in May 1980. That was before the city adopted a sports strategy that led to the Pan Am Games, the NCAA and Indianapolis Colts moving to the city, and a string of high profile events including the Super Bowl and several Final Fours. Today, the city is a sports powerhouse.
Positioning an NFL stadium as both a sports facility and convention venue became a major advantage for Indianapolis, leading to almost four decades of using tourism to fuel economic growth.
Forty years ago, Hamilton County’s suburbs were viewed as little more than northern extensions of Indianapolis. Today, they are destinations all their own.
Incentivizing companies to pay for education, creating an Indiana program like AmeriCorps and mandatory preschool are among the ideas that readers submitted related to education and technology.
The virus already has cost the region hundreds of millions of dollars, tens of thousands of jobs and more than 1,800 lives. Those losses are all but certain to grow as the calendar turns to 2021, amid an international effort to roll out an effective vaccine.
Carmel Mayor Jim Brainard, the Carmel City Council and the city’s Redevelopment Commission first envisioned building a boutique hotel in the affluent Indianapolis suburb’s reimagined downtown in the 1990s.
The Tribute and Aloft hotels—both of which were announced before the pandemic began—are among the few downtown lodging projects that are continuing to make progress.
This New Year’s Eve is being celebrated like no other, with pandemic restrictions limiting crowds and many people bidding farewell to a year they’d prefer to forget.
INCog BioPharma Services has purchased 16 acres of undeveloped land in Fishers for its planned new biopharmaceutical manufacturing facility. The $60 million project has grown in size.
A $70 million mixed-use proposal—later withdrawn—by Buckingham Cos. for property at 719 Indiana Ave. owned by the Walker Center met significant opposition.
The pandemic created winners and losers in the business world in 2020. Here’s a look at those that benefitted from the health crisis and those that faltered.
Wall Street closed out a tumultuous year for stocks with more record highs Thursday, a fitting coda to the market’s stunning comeback from its historic plunge in the early weeks of the coronavirus pandemic.
Managing Editor Lesley Weidenbener has been elevated to the top spot in the newsroom, while Editor Greg Andrews transitions to a role focusing on investigative reporting for IBJ while continuing to write a column.
The organization said it is “closely monitoring” the pandemic and will continue evaluating the feasibility of some fan attendance at some of the games.
The S&P 500, which ended 2020 at an all-time high, slid 1.5% after earlier dropping as much as 2.5%. It was the benchmark index’s biggest decline since late October.
