The team says it has put together a plan to raise the estimated $320 million needed to cover the expected $150 million Major League Soccer franchise fee, a new 20,000-seat downtown stadium and start-up costs for the team.
Bradley and Montgomery has renovated the second floor of the Indianapolis Power & Light Co. building, adding modern touches while keeping some organic elements.
Jumping from the North American Soccer League—the second-tier professional soccer league in the United States—to the top league would require the Indy Eleven to pay a franchise expansion fee of at least $150 million and would involve construction of a downtown stadium.
A South Bend-based firm envisions condominiums and a mix of retail and restaurant space on the site of the hallowed Italian eatery that closed late last year.
Troy Riggs earlier this month became a vice president for the Sagamore Institute. He left his job with the Indianapolis Metropolitan Police Department in December, citing the need to make more money.
The deal would mark the end of Indianapolis-based Stonegate’s stint as a public company, which has largely disappointed investors since its IPO in 2013.
Voxx International Corp.’s Premium Audio segment—essentially Klipsch—has seen three straight quarters of strong sales growth, including a 27-percent showing in the latest quarter.
The number of transplants performed in Indiana last year hit an 11-year high, up about 6 percent from a year before, according to the Organ Procurement and Transplantation Network.
The echo of that week still carries, in different ways. A near-east-side legacy center and neighborhood revitalization. Georgia Street, a civic gathering spot that helped give the world the zip line. A track record of delivering, under high-stakes pressure, the city can claim when wooing other events.
Jeremy Shubrook's title will be director of festivals, performance and public programs—in a position at least partly inspired by the IMA's former curator of audience experience and performance.
The decision casts in doubt the industry’s other big proposed merger—Indianapolis-based Anthem Inc.’s $48 billion bid for Cigna Corp. A ruling on the Justice Department’s challenge of the Anthem deal is pending.
French billionaire Vincent Bollore’s push into electric vehicles has been a huge success, at least in terms of publicity and eye-catching contracts. For investors, it hasn’t worked out so well.
Indianapolis Colts owner Jim Irsay said he fired General Manager Ryan Grigson after five up-then-down years that ended with team missing the playoffs in consecutive seasons for the first time since 1997 and 1998.
Through November, downtown Indianapolis hotels saw their revenue increase 8 percent over the same period a year ago, far ahead of the national average of 4.9 percent.
