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CIB approves another $50M in funding for growing Pan Am Plaza project costs

December 9, 2022 | Mickey Shuey

The additional financial support will come from the Capital Improvement Board’s fund balance, which was bolstered in October with $50 million in revenue replacement funds through the federal American Rescue Plan Act.

pan am convention center project

MDC approves $25M in extra funding for Pan Am Plaza redevelopment

December 7, 2022 | Mickey Shuey

The approval allocates $25 million from the city’s downtown tax-increment financing district to pay for the acquisition of the basement level of the project from developer Kite Realty Group Trust, which plans to build an 800-room hotel and an addition to the Indiana Convention Center.

signia hilton street 550px

As supply chains unclog, consumers enjoy (tentative) relief

December 7, 2022 | Associated Press

The main factor behind the improvement has been diminished demand for manufactured goods. Spending on goods has fallen for three straight quarters, according to the Commerce Department.

Hoosier consumer advocates ask feds to probe regional energy operator

December 6, 2022 | Leslie Bonilla Muñiz, Indiana Capital Chronicle

An Indianapolis-based ratepayer protection group has asked federal regulators to audit spending by a Carmel-based energy transmission system operator for an annual meeting at luxury resort 600 miles beyond its service territory.

City considering additional $25M in funding for Pan Am Plaza project

December 6, 2022 | Mickey Shuey

The $550 million project includes a $125 million expansion of the Indiana Convention Center, as well as an 800-room hotel being developed by local developer Kite Realty Group Trust. A second 600-room hotel is planned for a later phase of the project.

Mark Montieth: Road sweet road

December 2, 2022 | Mark Montieth

Still, NBA road trips are far more grueling than in other professional sports. Teams play four, five, even six or seven games in a row, hopscotching from city to city.

Lesley Weidenbener: Fort Wayne turns up the coolness factor

December 2, 2022 | Lesley Weidenbener

Electric Works is a massive redevelopment of a 39-acre historic campus in the core of Fort Wayne that housed General Electric Co. until it closed in 2014.

Measure of U.S. wholesale inflation eases to 8%

November 15, 2022 | Associated Press

The annual figure is down from 8.4% in September. On a monthly basis, the government said Tuesday that its producer price index, which measures costs before they reach consumers, rose 0.2% in October from September.

Flying home for holidays likely to cost travelers much more this year

November 14, 2022 | Associated Press

Airline executives say that based on bookings, they expect huge demand for flights over Thanksgiving, Christmas and New Year’s. Travel experts say the best deals for airfares and hotels are already gone.

Competition to land sports events, big conventions stiffens as other cities build stadiums

November 11, 2022 | Mickey Shuey

Officials in Nashville say they plan to pursue some of the events that take place in Indianapolis now that the city is planning to build a $2.1 billion, 60,000-seat enclosed stadium.

North of 96th roundup: Dick’s, Capriotti’s, Angelo’s Italian Market plan openings

November 10, 2022 | Daniel Bradley

Several new restaurants, retailers and businesses have recently opened or are planning to open their doors in Boone and Hamilton counties.

Noblesville leaders expand scope of planned Innovation Mile

November 4, 2022 | Daniel Bradley

City leaders expect a stretch of undeveloped agricultural land on the city’s southeast side to become Hamilton County’s next epicenter of innovation.

Inflation putting tighter squeeze on already pricey kids sports

November 3, 2022 | Associated Press

Sticker shock in youth sports is nothing new, but the onslaught of double-digit inflation across America this year has added a costly wrinkle on the path to the ballparks, swimming pools and dance studios across America.

Developers planning four-story office project on Mass Ave

October 25, 2022 | Mickey Shuey

The development team hopes to land a single office tenant to occupy most of the building, although the first floor could also consist of retail or other commercial uses.

Approach to fighting crime divides candidates for prosecutor

October 21, 2022 | Taylor Wooten

Marion County voters will have a distinct choice to make on Nov. 8. Democratic Prosecutor Ryan Mears and Republican challenger Cyndi Carrasco couldn’t be further apart on some key issues.

City seeking bids for parking lot north of Old City Hall

October 21, 2022 | Mickey Shuey

City officials see the 0.65-acre parcel at 222 N. Alabama St. as a connector between the Mass Ave cultural district and the Market East area, potentially with a hotel or apartment project.

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