$50M Penrose on Mass project to get underway following parcel sale
The project will include 236 apartments, 40,000 square feet of retail space and a 379-space parking structure.
The project will include 236 apartments, 40,000 square feet of retail space and a 379-space parking structure.
The Indiana Economic Development Corp. said the decline in deals is a good thing because it reflects a strong Hoosier economy.
The development partnership for the project has acquired a half-block site and will begin demolition of a former fire station and headquarters in early January.
The owner of the former General Motors stamping plant property plans to solicit bids for the site as early as next month and is expecting proposals to be much bolder than previous pitches.
Yes, the Chicago Cubs really did win the World Series.
Emmis CEO Jeff Smulyan tried to take his company private but fell short again, among other stories.
A longtime provider in the for-profit college education world shuttered this fall after years of pressure from federal regulators over its recruiting methods and students’ educational performance.
Last spring, Whitt became president and co-owner of Indianapolis-based Sun King Brewing Co. after 11 years as executive director of White River State Park.
Healer Health makes shoes under the brand name I-Runner. It’s moving its operations from Kentucky to Zionsville next month.
The building on Prospect Street was constructed in 1872 and operated as a bar for more than a century. The area is quickly picking up momentum as development extends west from Fountain Square’s core.
Prosecutors accused Platinum Partners of carrying out a $1 billion fraud that included setting up an affiliate to bamboozle institutional investors—including CNO Financial Group—into investing in the teetering hedge fund.
Although the proposal to raise annual pay for city-county councilors from $11,400 to $25,000 didn’t have enough support on Monday, members of the body are expected to revisit the issue next year.
City-county councilors are skittish about a measure to more than double their annual pay to $25,000 for a number of reasons, including working outside the normal budget process.
Running 11 restaurants keeps Martha Hoover hopping. But the matriarch of the Patachou family is adding even more to her plate.
The “toxic” office environment at a small St. Vincent Health office had broken out during an unprecedented wave of acquisitions of physician practices in central Indiana.
Data released Wednesday by the Indiana Department of Education shows Carmel Clay Schools leading the state in the most performance money per teacher.
Eleven Fifty Academy is wrapping up a program in Kentucky that involves teaching former coal miners how to code. Its president is considering replicating the classes elsewhere.
Entrepreneur Scott Jones’ company, once an up-and-comer on the local tech scene, ceased operations Monday after recently becoming unable to service its debt.
One hundred teachers throughout the state—including 44 recipients from the Indianapolis area—have been chosen to receive grants from Lilly Endowment Inc. as part of the Teacher Creativity Fellowship.
The Hogsett administration has begun using TIF financing for neighborhood projects, but the developers have to agree to back the bonds.