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With long slate of local projects, construction firm Skender moves offices to fit growing workforce

October 15, 2024 | Daniel Bradley

Skender’s focus on health care, office and municipal projects has reaped millions of square feet of work for the firm in central Indiana since opening its first local office in 2020.

Former state Sen. Dennis Neary dies at 80

October 15, 2024 | IBJ Staff

Dennis Patrick Neary, who served four terms in the Indiana Senate before becoming the longtime director of legislative affairs for the Indiana Health Care Association, died Monday at his home in Carmel, according to his family.

Real Estate Weekly: Oct. 15, 2024

October 15, 2024 | Mason King

The following items were in the Oct. 15, 2024, edition of IBJ’s Real Estate Weekly e-newsletter.

Carmel-based investment firm closes on $250M fund

October 15, 2024 | Susan Orr

CID Capital recently closed on its fourth investment fund, which brought in $250 million—significantly more than the $200 million the firm had been targeting.

Indy seeks developer proposals for dilapidated Central State Hospital structures

October 17, 2024 | Taylor Wooten

The proposal is for two dilapidated buildings left from the former mental hospital and a soon-to-be vacant facility that formerly housed horses.

Developer planning 142 homes near Village of West Clay in Carmel

October 17, 2024 | Daniel Bradley

Clay Cottages would feature 99 single-family detached and 36 attached-paired houses priced from about $450,000 to $650,000, and seven estate-style houses that would range in cost from $1.25 million to $1.5 million.

Krieg DeVault expands in Chicago by adding smaller firm

October 17, 2024 | Indiana Lawyer Staff and IBJ Staff

Indianapolis-based law firm Krieg DeVault LLP is growing its footprint in the Windy City by adding Chicago firm Fuchs & Roselli Ltd. through a merger.

AES Indiana standing firm on plan to convert Petersburg power plant from coal to natural gas

October 17, 2024 | John Russell

AES Indiana says it remains committed to ending the use of coal at its massive Petersburg Generating Station, despite growing opposition from Republican elected officials and the coal lobby.

Report: Venture funding in state’s tech sector sank in 3Q

October 18, 2024 | Susan Orr

While not unusual for venture funding in a third quarter, the latest investments totaled a small fraction of what Indiana tech firms received in both the first and second quarters of this year.

Indiana’s nine congressional races feature six incumbents

October 18, 2024 | Casey Smith, Indiana Capital Chronicle

Hoosier voters in all nine of Indiana’s congressional districts will decide their representatives for the U.S. House on general election ballots this November. New faces are guaranteed to emerge in at least a third of those races.

Zionsville Town Council approves designated outdoor refreshment area

October 21, 2024 | Daniel Bradley

Zionsville is the first Boone County community to approve plans for the increasingly common district, known as a DORA.

Wage garnishments and traffic violations—what impact do candidate legal woes have on voters?

October 22, 2024 | Whitney Downard, Indiana Capital Chronicle

With just two weeks to go until the Nov. 5 election, candidates to succeed Gov. Eric Holcomb are getting hit with more negative political advertising. It’s a strategy that can work, experts say. Otherwise, campaigns wouldn’t do it.

Area accountant sentenced to 3-plus years for embezzling nearly $1M

October 22, 2024 | IBJ Staff

Nathaniel Wills, 34, stole nearly $1 million from his former employer, Anderson-based Indiana Flooring and Linoleum Co. Inc.

Sculpture at Elanco campus expected to make a splash for public art

October 23, 2024 | Dave Lindquist

“Water in Dripping, River,” a stainless steel sculpture by Chinese artist Zheng Lu, is an $846,000 project that will set a new standard for works financed through the Public Art for Neighborhoods ordinance.

Local firms partner to buy Capital Center office towers for $35M

October 25, 2024 | Mickey Shuey

One of the largest office complexes in downtown Indianapolis officially changed hands this week, with the new owners eyeing an update for the property that could result in its partial conversion to a hotel.

Open Indiana congressional seats not shaping up to be competitive

October 25, 2024 | Cate Charron and Taylor Wooten

Indiana’s 3rd, 6th and 8th districts and one of Indiana’s Senate seats don’t have incumbents running this year. But none of the races have emerged as competitive.

Nickel Plate Trail construction is in the final stretch in Indianapolis

October 25, 2024 | Taylor Wooten

The Allisonville Road and East 62nd intersection is just a tiny piece of the trail that stretches across three cities and two counties.

Tom Wood plans new Porsche dealership by former HHGregg HQ

October 29, 2024 | Mickey Shuey

The modernized showroom and service center, which would replace the company’s existing Porsche facility nearby on East 96th Street, would occupy an outlot that formerly was home to a Steak ‘n Shake.

The Speakeasy, longtime Indianapolis co-working spot, closing in December

October 31, 2024 | Susan Orr

The Speakeasy was a pioneer in co-working when it opened more than a dozen years ago with backing of several local entrepreneurs. Several well-known local companies got their start at the organization.

North of 96th roundup: Kittle’s planning $20M showroom in Noblesville

October 31, 2024 | Daniel Bradley

Multiple retailers, restaurants and other businesses have recently opened or are planning new locations in the north suburbs of Indianapolis.

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