Town officials hope the project, which will feature 220 apartment units and could cost $60 million, will transform its downtown into a hub of residential and retail activity.
The study from Ball State University says the widely used economic development tool redirects millions of dollars from other taxing units that normally would receive the revenue, such as schools, libraries and other public services.
Privately-held Biostorage Technologies Inc., which specializes in biological sample storage, has been purchased by a Massachusetts-based firm in one of central Indiana’s largest disclosed-price acquisitions of the past year.
The home-health firm’s lawsuit alleges state officials discriminated against the company and CEO Dev Brar when they conducted inspections that led Medicare to terminate payments to the company.
The Indianapolis Public Library has multiplied the amount of media it makes available for free streaming through a partnership with the Hoopla online content service.
Millennials are getting older, pairing off, even having a first then a second child, and discovering what their parents and grandparents discovered: a single-family home in a safe neighborhood with strong schools is where they wish to raise their children.
The Grand Rapids, Michigan-based grocery and general merchandise chain has filed plans with the city for a 190,000-square-foot store on the southeast corner of Springmill Road and State Road 32.
Wes Podell is the senior vice president and a partner at PK Partners, a real estate development firm where he is responsible for leasing, development and investment activities.
Local officials say the permits are needed now to accommodate development that’s been stymied under a state system that allocates permits based on population.
Former Aprimo CEO Bill Godfrey, who steered the software company to a $525 million sale in 2010, has assembled some of its other former leaders for a Carmel-based startup.
The Indianapolis Opera will kick off its 2016-17 season with the world premiere adaptation of Kurt Vonnegut Jr.’s play “Happy Birthday, Wanda June” with music by Richard Auldon Clark of Butler University.
A family dispute over the estate of a well-known heart surgeon and developer in Carmel could delay progress on multiple mixed-use real estate projects in Hamilton and Boone counties.
Many startups, here and elsewhere, secure venture capital funding by touting their market traction, revenue growth and other statistics, all in an effort to prove to investors that they’re good bets. However, a look behind the scenes of High Alpha and three other big venture deals last year suggests that, oftentimes, landing capital has more to do with relationships and luck than with metrics.
