The nation’s unemployment safety net is looking increasingly shaky, with a $300-a-week federal jobless benefit from the Trump administration close to running out just weeks after it began.
Developers remain optimistic about multifamily developments in general across the city, but some believe additional affordable housing—and associated incentive deals—is needed.
The funding will serve 350 people or families currently living in non-congregate shelters, especially those at risk of contracting COVID-19 and dying, and 150 unsheltered households that face high barriers to find housing.
He has a big plan for the south side of downtown, but the plan is ever evolving and it will require hundreds of millions of dollars in investment and large-scale rethinking of development along the Interstate 70 corridor.
While a monthly gain above 1 million would show that some businesses are still willing to add workers, it would take many months to return to pre-pandemic job levels even if that pace could be sustained.
TWG hopes to receive incentives for the project from the city of Indianapolis, as part of a ”potential public-private partnership” supported by tax-increment financing.
Tipoff is nearing. The Indiana Pacers face the Miami Heat in a playoff game in an hour and all is ready for the TV broadcast team of Chris Denari and Quinn Buckner. There’s the huge screen before them, plus additional smaller monitors. There are the chairs each man will use—12 feet apart. The crew is […]
Its owners are planning to begin construction on a new, bigger building this fall, following the January fire that gutted its original home. Also this week: The W Nail Bar, Crazy Tortas.
The pandemic hasn’t stopped all hospitality business in Indianapolis. Nearly 40,000 people have visited downtown since the beginning of July for events at the Indiana Convention Center or at major hotels.
The full City-County Council is expected to vote on the proposals next month. After that, the financing will need to be approved by both the Metropolitan Development Commission and the Indianapolis Bond Bank.
The 104th running of the Indianapolis 500 is Sunday. For the surrounding community of Speedway, which bills itself as the racing capital of the world, many residents will be watching from home, and they are filled with sadness.
The NCAA and the Indiana Sports Corp. both said they’re still planning for the Final Four on its original dates. Some sports business experts wonder whether the college basketball tournament could benefit from a “bubble” strategy like the NBA or NHL.
