Studio M is the architect for Andretti Motorsports’ new 575,000-square-foot global racing and technology headquarters under construction in Fishers as well as projects in Bargersville, Carmel, Westfield, Noblesville and Fort Wayne.
The company has leased the 18,000-square-foot building since 2002 and hopes the purchase—made possible through a small-business loan—will cement it in that location for the foreseeable future.
Local entrepreneur and general partner Scott Kraege co-founded Ivy Ventures with Mike Reynolds, CEO of Indianapolis-based Innovatemap, and John Wortman, CEO and co-founder of Carmel-based Valeo Financial Advisors LLC.
Control of the Pan Am Plaza site would allow the city to move forward with its plans to redevelop the property with the 40-story Signia by Hilton hotel.
But Mayor Joe Hogsett, a Democrat seeking a third term, says the plan will ensure Indianapolis’ hospitality industry remains nationally competitive by making room for larger events.
Representatives for Indianapolis Mayor Joe Hogsett said a feasibility study is expected to be completed before a full City-County Council vote set for June 5.
Skillman, the 11th-largest Indy-area construction contractor, is among a handful of local construction firms to give their employees a direct stake in operations and profits.
The city council voted 7-2 to approve the $50 parking fee, with Democratic council members Jocelyn Vare and Crystal Neumann voting against the ordinance.
The rule is expected to put many for-profit college programs in jeopardy. At not-for-profit colleges, it would have no effect beyond certificate programs, which often focus on career training.
Some state lawmakers tried and failed to pass legislation that would have prevented Indianapolis from enforcing its ordinance. But the legislator who authored the bill says he plans to try again next year.
KennMar is investing millions of dollars to remodel and refurbish the office park. The company declined to give a precise price tag for the project but acknowledged it is a little shy of the original $12 million it cost to build the complex more than 50 years ago.
For some fans, nothing beats watching the Indianapolis 500 surrounded by friends, business clients and co-workers from inside one of the 116 suites outside of Turn 2 and in several spots along the front straightaway.
Frank Basile is one of Indianapolis’ premier philanthropists. He retired in 2008 from a 33-year career with Gene B. Glick Co., where he was senior vice president. Since retiring, he’s served as board chair or president of 11 not-for-profits and is on the board of eight, including the Arts Council of Indianapolis, Phoenix Theatre and […]
Gen Z workers, more than the millennial demographic cohort preceding them, seem to be particularly head-scratching for older workers—earning a reputation for their unwillingness to work and their high, “woke” demands.
