Skillman, the 11th-largest Indy-area construction contractor, is among a handful of local construction firms to give their employees a direct stake in operations and profits.
Representatives for Indianapolis Mayor Joe Hogsett said a feasibility study is expected to be completed before a full City-County Council vote set for June 5.
But Mayor Joe Hogsett, a Democrat seeking a third term, says the plan will ensure Indianapolis’ hospitality industry remains nationally competitive by making room for larger events.
Control of the Pan Am Plaza site would allow the city to move forward with its plans to redevelop the property with the 40-story Signia by Hilton hotel.
Local entrepreneur and general partner Scott Kraege co-founded Ivy Ventures with Mike Reynolds, CEO of Indianapolis-based Innovatemap, and John Wortman, CEO and co-founder of Carmel-based Valeo Financial Advisors LLC.
The company has leased the 18,000-square-foot building since 2002 and hopes the purchase—made possible through a small-business loan—will cement it in that location for the foreseeable future.
Studio M is the architect for Andretti Motorsports’ new 575,000-square-foot global racing and technology headquarters under construction in Fishers as well as projects in Bargersville, Carmel, Westfield, Noblesville and Fort Wayne.
More than a dozen major gifts have been made for the youth sports facilities project, with most coming from real estate companies and associated foundations whose leaders have connections to the organization.
If the new name sounds familiar, that’s because KAR has been using it for a portion of its business after acquiring a California-based online auction company named OpenLane Inc. in 2011.
This year’s report also showed Indianapolis ranked as the 65th most polluted city for ozone pollution, which is an improvement from 48th in last year’s report.
Marion and Hamilton counties are both seeing more voters ahead of the primary election than they did in 2019, when the last mayoral primary elections took place.
Its new partner, Ascension St. Vincent, is building a four-story brain and spine hospital on its flagship campus on West 86th Street in Indianapolis, which will be largely staffed with physicians from Goodman Campbell.
