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Articles

Developer planning 70-acre real estate project in Tipton County

April 12, 2022 | Alex Brown, Inside INdiana Business

The project would include at least one hotel, light industrial space, a travel plaza, a bank, a MedCheck, a recreational vehicle stopover, restaurants and a dog park.

Retail sales rose 0.5% in March amid soaring inflation

April 14, 2022 | Associated Press

Soaring prices on everything, particularly at the gas pump, are now making shoppers choosier about how they spend their money.

Staffing and supply woes complicate business for hospitality industry as pandemic eases

April 15, 2022 | Sam Stall

Restaurants, just like hotels, had to let most of their staffs go early in the pandemic because there was no one for them to serve. But now that business is picking up again, many of those former restaurant and hotel staffers have moved on.

BrewDog bar in Fountain Square is permanently closed

April 15, 2022 | Dave Lindquist

The bar opened on the first floor of the Forte apartment building, 1140 Shelby St., in September 2019.

BrewDog Closes

U.S. businesses get hit with record numbers of disability lawsuits

April 17, 2022 | The Washington Post

Associations and business owners say serial plaintiffs filing dozens or hundreds of cases are increasingly using the 1990 Americans with Disabilities Act to extract tens of thousands of dollars in settlements—and not to promote access as the landmark law intended.

U.S. hotels face $21B business-travel shortfall in 2022

April 20, 2022 | Bloomberg News and IBJ Staff

Indianapolis is predicted to fare better than many other markets, but is still expected to see a decline in hotel business travel revenue of 16.4%.

Indianapolis keeps Big Ten football title game, but basketball tournaments on the move

April 20, 2022 | Mickey Shuey

The Big Ten Conference is sticking with Indianapolis for its football title game through 2024, but is shaking up its sites for two other marquee championships.

Apartments planned for 110-year-old downtown office building

April 21, 2022 | Mickey Shuey

The Wulsin Building at 222 E. Ohio St. is expected to be acquired by an investment group later this spring. The buyers plan to spend up to $6 million to convert the eight-story structure to market-rate apartments.

Woodworking school in Johnson County draws students from all over

April 22, 2022 | Mickey Shuey

The Marc Adams School of Woodworking annually offers more than 200 courses—in some years, many more—focused on helping amateurs and professionals hone their skills primarily in woodworking but increasingly in other creative pursuits, including glass blowing, quilting, metalsmithing, upholstery, calligraphy and more.

The pandemic was hard on office suck-ups. Now they’re back and ready to schmooze.

April 26, 2022 | The Washington Post

In a just world, the shift to remote work over the last two years would reward productivity and expose the slackers. But as corporations have been returning to business as usual, guess who can’t wait to get back to the office? Suck-ups, the co-workers we love to hate.

Community Health starts ‘fully integrated cancer program’ with MD Anderson

April 28, 2022 | John Russell

Community Health Network said the new arrangement with the largest cancer center in the United States will give Hoosiers access to some of the most advanced cancer treatments in the nation.

big-pic-community-121613-2col.jpg

Life sciences experts say Indiana needs to push collaborations to compete with other states

April 29, 2022 | John Russell

A panel of Indiana life science experts on Friday said the state could become more competitive for large investments and jobs if it doubled down on the kind of collaborations and partnerships that other states have used to their advantage.

Herb Simon-backed group proposes $250M two-tower project across from fieldhouse

April 29, 2022 | Mickey Shuey

The proposed downtown development at 230 S. Pennsylvania St. calls for the demolition of a century-old building and the construction of two high rises, including a 26-story apartment tower.

Family-owned company keeps party going for 101 years

April 30, 2022 | Carson Gerber, Kokomo Tribune

Kuepper Favor Co. in Peru offers party hats, foil tiaras, blowout horns, bouncy balls, plastic hand-clapping toys and more.

IBJ Podcast: The ‘surreal’ story behind filming supernatural thriller in West Baden

May 2, 2022

Host Mason King talks with Cook Group President Pete Yonkman and Pigasus Pictures CEO Zack Spicer about making a movie at—and about—the West Baden Hotel and why Cook Group execs got involved.

Renovation to breathe new life into historic downtown Fishers buildings

May 5, 2022 | Daniel Bradley

A pair of historic buildings along 116th Street near Nickel Plate Station are being saved, but that won’t be the case for two other old buildings in the same block that were determined to be “beyond repair.”

U.S. added 428,000 jobs in April despite surging inflation

May 6, 2022 | Associated Press

With many industries slowed by labor shortages, companies have been jacking up wages to try to attract job applicants and retain their existing employees. Even so, pay raises haven’t kept pace with the spike in consumer prices.

Indy Eleven among 18 businesses interested in owning or operating Grand Park

May 6, 2022 | Daniel Bradley

Also among the potential bidders was Ripken Baseball LLC, which operates youth baseball facilities throughout the United States, including the well-known Ripken Experience complex in Myrtle Beach, South Carolina.

grand-park-events-center-450bp.jpg

Apartments added to hotel proposal on south side of downtown

May 10, 2022 | Mickey Shuey

The development team behind a hotel planned for a parcel across from Shapiro’s Delicatessen in downtown Indianapolis is adding about 60 apartments to the mix, as well as a rooftop restaurant.

U.S. inflation hit 8.3% last month, down slightly from 40-year high

May 11, 2022 | Associated Press

Still, Wednesday’s report contained some cautionary signs that inflation may be becoming more entrenched. Excluding the volatile food and energy categories, so-called core prices jumped 0.6% from March to April—twice the 0.3% rise from February to March.

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