Todd Young announces Senate reelection bid
Young, 48, had widely been expected to seek another term and made it official on Twitter on Tuesday morning, saying “more work remains” to be done.
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Chase to install solar panels on at least 17 area branches
The installations are happening at Chase branches across the United States, and each installation will provide 30% of that branch’s annual power needs, Chase spokeswoman Carlene Lule said.
Ambrose requests tax break for redevelopment of former Navistar site
The Indianapolis-based developer plans to break ground later this year on the building—its first at the 93-acre site that on the east side Ambrose has branded Indianapolis Central Logistics Park.
Battered by pandemic, IU Health sees annual operating income fall
Declines were seen almost across the board in patient service categories, including hospital admissions, surgeries, ER visits, radiological exams, due in part to a government order to shut down elective procedures for several months.
IBJ Podcast: Restaurants rejoice in looser limits for March Madness
Host Mason King talked with Mike Cranfill, co-owner of The District Tap, and Mike Cunningham, founder and CEO of Cunningham Restaurant Group, which owns 35 restaurants with plans to open several more soon, about what the NCAA tournament will mean for them.
State seeks to regulate pharmacy benefit managers
Three bills advancing through the Indiana General Assembly would provide tighter regulation of pharmacy benefits managers (PBMs).
Lilly signs deal to sell $210M worth of COVID-19 antibodies to U.S. government
The Indianapolis-based drugmaker said it will begin shipping the additional doses immediately to the federal government, which controls distribution of the drugs.
Finding consensus, struggling with conflict at legislative halfway mark
General Assembly has avoided COVID outbreak, but debated the budget and gubernatorial powers as tempers flared over racial issues.
Restaurant, bar capacity limits in Marion County to be eased March 1
More people will be allowed into Marion County restaurants, bars and gyms starting March 1, Indianapolis Mayor Joe Hogsett announced Thursday morning, citing improving COVID-19 pandemic conditions.
Central Indiana existing-home sales off to fast start in 2021
Existing single-family homes in central Indiana remained in heavy demand as 2021 got under way, despite the ongoing escalation of prices and shrinking supply of choices.
Fry’s Electronics closes all stores, including Fishers location
The 180,000-square-foot Fishers store originally housed Incredible Universe, a media and electronics superstore owned by Radio Shack parent Tandy Corp. Fry’s took over the building in 2005.
Ratio Design sells minority stake to Toronto investment firm, plans growth
Ratio will remain an independent Indianapolis-based company as part of the deal, with founding principal Bill Browne staying as president and the largest individual shareholder.
Indiana Senate passes bill to strip IndyGo funding, prevent rapid bus line expansion
Senate Bill 141 would withhold 10% of local income tax revenue from IndyGo until it meets a private fundraising threshold established in a 2014 law. It also would prevent IndyGo from moving forward with expansion projects, like the Blue and Purple lines, until it secures private funding.
Glendale continues to evolve with outlots for lease, cosmetic changes, new Culver’s
The owner of Glendale Town Center plans to market three new outlots as part of an ongoing renovation to the property that includes the addition of new tenants to backfill the former Macy’s space.
IBJ Podcast: What happens to downtown if workers stay remote?
It’s too soon to know for sure how many downtown workers might not be back. But to try to get a handle on the possibilities, host Mason King talks with IBJ real estate reporter Mickey Shuey, JLL’s Adam Broderick and restauranteur Ed Rudisell about the shifting downtown office market and the businesses that depend on it.
Small labs try to nab testing work at big sports events
A huge event that kicks off next month is hanging like a plum: the NCAA men’s basketball tournament.
Downtown office market set to shift as firms rethink space
A Salesforce decision to permit employees to work remotely even once the pandemic subsides could have long-lasting effects on the downtown office market.
Media exposure from 3-week NCAA tournament could pay off big
Coverage from Selection Sunday on March 14 to the championship April 5 should bring an enormous payoff to Indiana, which will host all 67 games, and to Indianapolis specifically, which will host 55 of them.
Entrepreneurship activity in Indiana is sluggish, Brookings report finds
As a result, the report argues, the state is not as well-positioned as it might be to rebound from economic downturns.
New tenants move into historic Monument Circle space
Luxori Salon, a startup, and B. Bliss Spa, which moved to Monument Circle from the Stutz Business and Arts Center, have taken the space formerly occupied by Studio 2000, a longtime salon and spa that closed last summer.