Brainard, 69, announced in September 2022 that he would not seek an eighth term. Sue Finkam, a Republican member of the Carmel City Council, will succeed him on Jan. 1.
The Hogsett administration, the Indiana Economic Development Corp., the mall owners and Hendricks Commercial Properties are all to be commended for putting the mall properties on a better path.
Six Democratic councilors-elect, and one Republican, make up the freshman class that will take office Jan. 1. Democrats will have a 19-6 majority on the Indianapolis City-County Council.
The founders of Lille Bonne envision it as a coffee shop, as well as a venue for yoga classes, art classes, live music, speaking events and private meetings.
The Wisconsin-based firm behind Mass Ave’s Bottleworks District plans to spend the next decade transforming the downtown mall into an open air, pedestrian-focused campus with housing, offices and shopping.
Alcoholics Anonymous holds its event every five years. Local tourism leaders pitched the sobriety group on Indianapolis in late 2022, with representatives visiting this August.
Under the partnership that includes Keystone Group and Indy Eleven, future plans for Grand Park include a mix of restaurants, hotels, public spaces, a mixed-use complex with residential, office and retail spaces, and a state-of-the-art sports facility.
The airline will pay a $35 million fine as part of a $140 million settlement to resolve a federal investigation into a debacle in December 2022 when the airline canceled thousands of flights.
The economy keeps growing, defying widespread fears from a year ago that 2023 would bring a recession, a consequence of the much higher borrowing rates the Fed engineered.
The strong retail numbers Thursday were particularly surprising given some of the news coming from major retailers themselves, who say shoppers are being more selective.
The Terre Haute Casino Resort will feature a 400,000-square-foot casino building with 56,000 square feet of gaming space that includes 1,000 slots and 50 table games, as well as a 125-room hotel.
The latest data on consumer inflation showed that prices in some areas—services such as rents, restaurants and auto insurance—continued to rise uncomfortably fast.
Tuesday’s inflation report from the Labor Department is expected to show that businesses kept overall prices unchanged for a second straight month. But a closely watched category called “core prices” is predicted to outpace the Federal Reserve’s 2% annual target.
The November jobs report from the Labor Department is expected to show that employers added a still-solid 172,500 jobs last month, according to a survey of economists by FactSet.
The sale of Carmel Center Apartments from Louisville-based NTS Development Co. to Dayton, Ohio-based The Connor Group closed at a significantly higher price than what NTS paid for the property in 2015.
The plan calls for expanding the 75,000-square-foot Kroger store by 50,000 square feet, constructing 75,000 square feet of additional retail space, and adding a Kroger fuel station and retail buildings along 146th Street.
The council also approved tens of millions of dollars in bonds to support the redevelopment of Old City Hall, a demolition of the former Jail I building and renovation of portions of the City-County Building. Also passed Monday was a plan to create a study commission on the use of artificial intelligence.
