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Keystone unveils renderings for $1B Eleven Park; demolition to start in May

February 17, 2023 | Mickey Shuey

The developer plans to put a 20,000-seat soccer stadium for the Indy Eleven right along the White River, which is on the western edge of the former Diamond Chain manufacturing site.

Wawa store planned at Noblesville’s Midland Pointe development

February 16, 2023 | Daniel Bradley

The $72 million Midland Pointe development is planned on 34 acres at the southeast corner of State Road 32 and Hazel Dell Parkway.

Monarch Beverage plans move to new $73M facility on Indy’s east side

February 16, 2023 | Mickey Shuey

The company plans to retain 500 workers when its relocates from its existing distribution center on Pendleton Pike in Lawrence to the new facility under development in Indianapolis.

Attorney general finds Indianapolis Public Schools did not violate $1 law

February 15, 2023 | Amelia Pak-Harvey, Chalkbeat Indiana

The state law requires school districts to notify the state Department of Education if classroom buildings are left “vacant or unused.”

Discount retailer Tuesday Morning files for bankruptcy again

February 14, 2023 | IBJ Staff

The retailer emerged from its last bankruptcy in January 2021 after closing about 200 stores, cutting its employee head count and slashing debt.

TechPoint reveals 2023 Mira Award nominees

February 14, 2023 | Alex Brown, Inside INdiana Business

The not-for-profit advocate for Indiana’s technology sector said the 78 nominees were chosen from a record number of entries and represent almost all regions of the state.

Westfield City Council votes to join central Indiana economic development group

February 13, 2023 | Daniel Bradley

Westfield joins Anderson, Beech Grove, Carmel, Fishers, Indianapolis, Lawrence, McCordsville, Noblesville, Speedway and Zionsville in the RDA.

Medical-device company to raise about $15M in IPO

February 13, 2023 | John Russell

Neuraxis Inc., based in Versailles and with an office in Carmel, said it will use the proceeds to ramp up its sales and marketing efforts, along with research and development and other functions.

New classified document found in FBI search of Pence home

February 10, 2023 | Associated Press

Pence adviser Devin O’Malley said the Department of Justice completed “a thorough and unrestricted search of five hours” and removed “one document with classified markings.

Pete the Planner: Life changes? Go see your financial planner—now

February 10, 2023 | Peter Dunn

You listed nine instances in which you should have reconnected with your financial adviser. You are zero for nine.

Derek Schultz: They could be giants

February 10, 2023 | Derek Schultz

While highly regarded heading into the 2022-2023 campaign, the Giants didn’t have a blue-chip prospect like defending champion Cathedral’s Xavier Booker (the No. 8 player in the class of 2023, according to 247Sports.com), nor the recent pedigree of Carmel (two 4A championships in three state-finals appearances since 2018), to lean on, but what they did have is experience, depth and a healthy dose of athleticism.

FBI searching Pence home as part of classified documents probe

February 10, 2023 | Associated Press

The search Friday was described as consensual and came after an extensive back-and-forth between former Vice President Mike Pence’s legal team and the FBI.

Bed Bath & Beyond to close 5 more Indiana stores, including one in Noblesville

February 9, 2023 | Alex Brown, Inside INdiana Business

Struggling retailer Bed Bath & Beyond Inc. disclosed this week that it will close 150 more stores in the United States.

Irving Materials planning to relocate HQ from Greenfield to Carmel

February 9, 2023 | Daniel Bradley

The privately held construction materials company, which has been based in Greenfield since its founding 77 years ago, plans to build two office buildings on a 19-acre site in Hamilton County.

Indiana Republicans back partisan school boards switch

February 9, 2023 | Associated Press

The Indiana School Boards Association and the Indiana State Teachers Association are among education groups opposed to the change.

Bill would compel districts to close underused buildings, offer them to charters

February 9, 2023 | Aleksandra Appleton, Chalkbeat Indiana

A bill in the Indiana Senate would significantly expand a state law that requires school districts to make their empty buildings available to charter schools.

City-County Council to consider ban on retail sales of cats, dogs and rabbits

February 8, 2023 | Taylor Wooten

Several Indianapolis City-County Council members are seeking to ban most local retail sales of cats, dogs and rabbits in an effort to prevent an expansion of puppy mills and reduce overcrowding and understaffing at the city animal shelter.

Bed Bath & Beyond plans share sale in bid to avoid bankruptcy

February 7, 2023 | Bloomberg News

The retailer, which has been preparing for a Chapter 11 filing after lenders declared it in default last month, priced new convertible preferred securities and warrants, it said in a statement Tuesday, in a deal that will ultimately raise more than $1 billion.

Republican Fred Glynn joins race for Carmel mayor

February 6, 2023 | Daniel Bradley

Glynn is the third Republican to announce a run to succeed Mayor Jim Brainard, who will not seek an eighth term in office.

IBJ Podcast: She went from a master’s in social work to tech firm CEO

February 6, 2023

In this week’s edition of the IBJ Podcast, Brown discusses the unusual route that led her to become a first-time entrepreneur in her early 40s.

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