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Ozdemir says calculated risks, long-term thinking have shaped career

April 11, 2024 | Mickey Shuey

For more than 20 years, real estate developer Ersal Ozdemir has sought to change skylines with unique and high-end projects across central Indiana. These days, the IBJ Forty Under 40 alum is in the thick of numerous developments stretching from multiple spots in Hamilton County to Fort Benjamin Harrison to downtown. He’s in talks with […]

Homebuyers face quandary: To wait or not to wait for lower mortgage rates

April 11, 2024 | Associated Press

Combined with a nearly 44% increase in the national median sale price of previously occupied homes between 2019 and 2023, elevated mortgage rates have made buying a home less affordable for many Americans.

Marshawn Wolley: More appropriate response needed for teen violence

April 12, 2024 | Marshawn Wolley

Young people need a place to go to be safe and to be teenagers.

How the SK Hynix project came together—and another fell apart

April 12, 2024 | Mickey Shuey

The South Korean company’s announcement made waves across Indiana, but so did a decision by Minnesota-based SkyWater Technology to cancel its project at Purdue after not receiving hoped-for federal funding.

John Stehr: Investing in the future of Zionsville, brick by brick

April 12, 2024 | John Stehr

The South Village project encompasses 160 acres of land that has never reached its highest and best use.

Samantha Julka: Why leaders need to think outside Pandora’s Box

April 12, 2024 | Samantha Julka

Leaders fear asking their workforce questions, worried that the answers will lead to requests they can’t (or don’t want to) fulfill.

InterContinental Hotel set to open this fall, bringing downtown another luxury lodging option

April 12, 2024 | Mickey Shuey

The $101 million project at 17 W. Market St. will include 170 rooms and a rooftop bar with views of the Soldiers and Sailors Monument. The opening will come some five years after Keystone first proposed the hotel.

Pike Township among 3 Indiana districts asking voters for funding in May primary

April 14, 2024 | Aleksandra Appleton, Chalkbeat Indiana

For the first time, Pike Township is asking voters to help fund operations. The ballot measure would fund three key areas: continuing programs and staffing added since the pandemic, attracting and retaining teachers, and school safety and security.

Fishers City Council approves lower parking fee for nonresidents at Geist Waterfront Park

April 15, 2024 | Daniel Bradley

A $50 parking fee was instituted last year over concerns about possible overcrowding and traffic congestion at the new venue, but visits fell far short of predictions.

Six-story apartment building planned on site across from Lucas Oil Stadium

April 16, 2024 | Mickey Shuey

Indianapolis-based TWG says it has all four of the parcels comprising the site under contract, pending city approval to rezone them from the current I-2 industrial classification to a more apartment-friendly designation.

Amazon HQ2 was supposed to add 2,500 jobs last year, but it downsized instead

April 16, 2024 | The Washington Post

Amid a shift in work habits prompted by the coronavirus pandemic and a squeeze in the tech industry, the downturn in hiring marks another setback in the boost Amazon had initially promised.

Spark on the Circle to return this year with some changes

April 17, 2024 | Taylor Wooten

The temporary public park that occupied a quarter of Monument Circle for four months last year is coming back for longer stay this summer in a slightly different location.

Carmel to seek outside funding sources for Monon Square South project

April 18, 2024 | Daniel Bradley

Plans call for the project to cost an estimated $47 million and feature a food hall, community gathering space, office space, apartments and a public parking garage.

Carmel Clay Schools did not violate state law by refusing to sell building to charter school, court rules

April 18, 2024 | Alexa Shrake, Indiana Lawyer

The Indiana Court of Appeals upheld a ruling Wednesday that Carmel Clay Schools did not violate Indiana’s “dollar law” when it closed an elementary school and refused to sell the building to a charter school.

Applications for new homes rise for ninth straight month in central Indiana

April 19, 2024 | IBJ Staff

The Indianapolis-area homebuilding industry continued to see rising interest in new houses in March, with applications for new-home construction increasing 18.5% on a year-over-year basis.

Jalene Hahn: Saying goodbye to Daniel Kahneman, an economics pioneer

April 19, 2024 | Jalene Hahn

Before Kahneman and his colleagues, economic theory, and the practice of finance, consisted of investigating the reliability of the Efficient Market Hypothesis and the Capital Asset Pricing Model.

Ascension health care system retracts nationwide—but not in Indy

April 19, 2024 | John Russell

In the past five years, the nation’s largest Catholic health system has unloaded more than a dozen hospitals across the country, from New York to Alabama, as it restructures amid a growing tide of red ink.

Urban Vines founder’s next venture in Westfield is sweet

April 19, 2024 | Daniel Bradley

Noah Herron, with co-founders Mike Hayner and Marc Rupenthal, plans to open Urban Apples Cidery in May. It will be Hamilton County’s first cidery and the 15th cidery in Indiana, according to ciderguide.com.

Maureen Weber: To the next governor: Prepare the youngest to thrive

April 19, 2024 | Maureen Weber

The governor could trade chronic underinvestment for a robust strategic bet in which today’s early learners form the skills to become the critical thinkers, problem-solvers and communicators driving our economy decades from now.

Bill Tobin, former Colts general manager, dies at 83

April 21, 2024 | Associated Press

Indianapolis made the playoffs in two of Tobin’s three years, with the 1995 team advancing to the AFC championship game. The team drafted a pair of Hall of Famers in that period.

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