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CIB sees revenue dip by 50%, as officials hope for late-summer surge

June 5, 2020 | Mickey Shuey

With no new business in April and downtown hotel occupancy stuck below 8% since late March, the agency overseeing the Indiana Convention Center and Lucas Oil Stadium has seen revenue crater.

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Longtime Purdue athletic director Morgan Burke dies at 68

June 15, 2020 | Associated Press

Burke, the longest serving athletic director in Purdue University history, died at his home Monday after battling a rare disease for the past year.

WNBA plans to play 2020 season in Florida starting in late July

June 16, 2020 | Associated Press

Players would receive their entire salaries for the year despite playing a schedule that’s only about two-thirds the length of the 36-game one that was supposed to start May 15.

JW reopens with new safety protocols, updated rooms

July 9, 2020 | Mickey Shuey

Guests who stay at the hotel will see a variety of changes, including plexiglass barriers at check-in counters and an increase to the amount of time allocated for room cleanings.

IndyGo bypasses former Harrison College site in search for more space

July 10, 2020 | Susan Orr

The transit agency is now considering a site on Post Road that is much larger than the former Harrison College site downtown and potentially much less expensive.

PETE THE PLANNER: Don’t assume home improvements are an investment

July 10, 2020 | Peter Dunn

There’s something incredibly practical about putting money into your home, in the right places. The key is to not get carried away by convincing yourself every dollar spent is wise or even an investment.

Four-year, $175M effort transforms Community East campus

July 10, 2020 | Sam Stall

Unlike so many other human endeavors, the transformation of the Community Hospital East campus hasn’t been stymied by COVID-19. At least not so far.

Wealthy hospitals get billions in federal bailout funds

July 10, 2020 | John Russell

Some are asking whether coronavirus aid funds are flowing to the neediest hospitals, or to those that already have deep financial resources, as the money is doled out to thousands of institutions nationwide.

Kite Realty Group seeks $7M in tax increment financing for $55M Glendale project

July 17, 2020 | Samm Quinn

A proposal to issue economic development tax increment revenue bonds for Kite is slated to be voted on by the City-County Council’s Metropolitan and Economic Development Committee on Monday.

If we’ll be learning and working from home this fall, August is the month to take charge of decluttering

July 30, 2020

Organizing can empower you and your family to take control of your immediate surroundings; ideally, it will increase productivity, lower stress levels and save money.

Pacers organization terminates dozens of employees in cost-cutting move

July 31, 2020 | Mickey Shuey

Pacers Sports & Entertainment, which owns and manages the Indiana Pacers and Indiana Fever, has cut about 16% of its full-time workforce in response to financial losses during the pandemic, a spokesman told IBJ.

IU Health to add eight blocks to downtown campus, build new $1.6B hospital

August 5, 2020 | John Russell

The expansion will add 44 acres to the campus., extending it from 16th Street south to 12th Street and from Capitol Avenue west to I-65.

Cheapest apartments facing biggest foreclosure risk from pandemic

August 11, 2020 | Bloomberg News

While landlords at the priciest, amenity-rich apartments have collected most of their rent payments during the pandemic, owners of older, less fancy units—the backbone of the nation’s affordable housing supply—have not fared as well.

Plainfield mall facing foreclosure for 2nd time after owner misses $30M payoff

August 12, 2020 | Mickey Shuey

The owners of the Shops at Perry Crossing had been hoping to sell the shopping center before a May deadline to pay off the property’s loan balance, but the pandemic ruined those plans.

City Market leadership hopeful better times are ahead

August 14, 2020 | Susan Orr

The historic market’s leaders are optimistic the market can overcome its current troubles and emerge as a stronger institution. But they also acknowledge the hurdles ahead.

Walmart has huge quarter as Americans go online for pandemic supplies

August 18, 2020

With unemployment in the U.S. hitting frighteningly high levels, Walmart’s ability to deliver low-priced food, clothing and electronics strengthened its structural advantages.

URBAN DESIGN: Visitors alone can’t build a sustainable downtown

August 20, 2020 | Tom Gallagher

Healthy city centers have enough people living in them to keep businesses alive in good times and bad.

As Indianapolis 500 nears, sound of silence in Speedway is deafening

August 21, 2020 | Associated Press

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.

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