The Indianapolis Metropolitan Development Commission approved a 10-year tax abatement Wednesday afternoon for a controversial
public-private plan to redevelop a vacant downtown office building.
Popular ABC show ‘Extreme Makeover: Home Edition’ is returning to central Indiana.
Ivy Tech Community College will build a $20 million campus along Interstate 69 in Anderson, school and city officials
announced Tuesday.
The unemployment rate rose to 9.8 percent in September, the highest since June 1983, as employers cut far more jobs than expected.
The report is evidence that the worst recession since the 1930s is still inflicting widespread pain.
Carmel’s $137 million performing arts center is still a year from completion, but Executive Director Steven Libman
already is pounding the pavement for donations.
Officials grappling with a water utility deep in debt and a sewer infrastructure needing upwards of $2 billion in
upgrades were swamped with proposals about how to fix the mess.
Community Bank of Noblesville and Blue River Bancshares Inc. of Shelbyville have seen loans sour
at a rate that might have seemed unimaginable before the housing market tanked and the recession set in.
Plans for residential development on the site stalled as the housing market plummeted and recession set in.
I happened to be in Indianapolis the week before Mel Simon passed away on Sept. 16, and talked with his secretary about visiting him briefly, because I knew he was very ill. But he was too ill to see me.
Officials of Purdue University and Dow AgroSciences unveiled a collaboration Wednesday in which the Indianapolis-based company
will become one of the largest tenants at the Purdue Research Park in West Lafayette.
Indianapolis is the new operating headquarters of a Ukrainian-American venture producing refrigeration units for semi trailers.
The move comes with the naming this spring of Thomas Roller as president and CEO of Ukram Industries. Roller is known locally
as former CEO of Indianapolis-based Norwood Promotional Products and of Fruehauf Trailer, which was based here in the 1990s.
Among 23 firms that have expressed interest in operating Indianapolis’ water and sewer systems is Macquarie, the Australian
firm that operates the Indiana Toll Road under a 75-year, $3.8 billion lease. In July, the city asked companies to express
interest in operating the systems.
A central Indiana county is trying to attract an unidentified renewable energy company to take over a sprawling factory that
a Chrysler supplier stopped building last year.
Singer Michael Feinstein will make as much as $400,000 in a single year to serve as artistic director of the Regional Performing
Arts Center that’s still under construction in Carmel, officials confirmed this morning.
With its financial performance exceeding expectations, St. Francis Hospital & Health Centers will resume construction on a $265 million, 221-bed patient tower at its Indianapolis campus, the hospital system announced Thursday.
The stitching together of doctors and hospitals—two groups that historically have kept each other at arm’s length—is
a trend picking up speed locally and nationally and could accelerate even further if Congress passes health care reform.
Already swamped with higher debt costs due to a bond refinancing fiasco, the city’s Department of Waterworks is asking
the Indiana Utility Regulatory Commission to OK a rate hike to pay for capital projects.
David Sexauer has $250,000 and a list of about 120 properties he’d like to acquire from the city of Indianapolis.
The motorcycle manufacturer is considering a Shelby County site at the same time that it’s pushing for concessions from the
union in York, Pa.
The George Washington Community High School football team played its season opener at a newly renovated field and stadium,
thanks to a joint effort of the National Football League, the Indianapolis Colts and Local Initiatives Support Corp.
