Capital Improvement Board set to buy Pan Am Tower for $10.5M
The CIB is buying the property as a strategic acquisition tied to the ongoing redevelopment of Pan Am Plaza.
The CIB is buying the property as a strategic acquisition tied to the ongoing redevelopment of Pan Am Plaza.
The two companies proposed what would be the largest supermarket merger in U.S. history in October 2022. But the Federal Trade Commission sued to prevent the $24.6 billion deal, alleging it would eliminate competition and raise grocery prices.
The 108-acre project would represent the third phase of the Kimblewick development, which first received approval in 2019.
Employer demand for workers continues to outpace Indiana’s supply of individuals looking for work, said Indiana Fiscal Policy Institute President Stephanie Wells, who authored the policy brief.
Starting Monday, a federal district court judge in Portland, Oregon, will consider both sides and decide whether to grant the FTC’s request for a preliminary injunction.
A national proposal to remove medical debt from consumer credit reports could have a significant impact in Indiana, where the percentage of residents with delinquent medical debt is higher than in 39 other states.
A large portion of the board’s new expenses are tied to major ongoing projects, including the hotel and convention center expansion project at Pan Am Plaza, as well as efforts to secure an MLS expansion club.
Allowing marginally slower service to rural areas, which often drag down on-time rates, could improve the agency’s delivery metrics, experts say.
Billions of dollars of goods each month move between Canada and the U.S. via rail, according to the U.S. Department of Transportation.
Indianapolis-based TWG Development has overhauled its design for the skyscraping tower planned at 222 N. Alabama St., immediately north of Old City Hall and considered the bulk of the $264 million redevelopment project for the west side of that block.
Initial plans for the project include 151 apartments, a 125-room hotel, 63,000 square feet of office space, 15,000 square feet of retail space, 508 parking spaces and a public plaza.
A City-County Council committee on Monday voted in favor of removing Indianapolis Animal Care Services from the oversight the larger Department of Business and Neighborhood Services.
Legal experts characterize the move as an extraordinary attempt to interrupt the FTC’s enforcement powers, as it relies on a recent Supreme Court decision that limited a separate federal agency’s use of in-house legal proceedings.
A new water study released Monday by the Indiana Chamber of Commerce says the state has a “plentiful” but unevenly distributed water supply that will require a coordinated effort to manage in the future.
In addition to bringing back the tribute to Mpozi Tolbert, organizers want to install a new mural commemorating Ron “DJ Indiana Jones” Miner.
In February 2022, the IRS issued proposed regulations, stipulating that IRA owners subject to the 10-year rule were also subject to a required minimum distribution (RMD), as well.
Though governments today simplify Vickrey’s proposals, congestion pricing is used in Singapore, Stockholm and London.
More than half of the expected developments within the district the city has designated as a professional sports development area, or PSDA, have yet to break ground.
Now that the battle to impose a new fee on some downtown property owners appears to have finally succeeded, it is time to give more attention to precisely how the revenue should be spent.
More than half of Indiana’s 92 counties are considered “legal deserts,” defined as less than one lawyer per 1,000 residents, according to the American Bar Association.