Colts plan to hike prices for some season tickets, lower others
The average season-ticket price for 2020 will rise 2.9 percent, according to the Indianapolis Colts, but about two-thirds of the tickets will be priced the same or less.
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Eli Lilly to spend $400M on manufacturing expansion in Indy, add 100 jobs
The pharmaceutical giant says it needs additional manufacturing capacity to keep up with demand for current medicines and new drugs expected to emerge from its pipeline.
Initial design unveiled for new $20M Broad Ripple Park family center
The project—part of a $70 million master plan for the park approved last year—is expected to feature a 40,000-square-foot building in place of the existing park center.
City-County Council panel advances pay-hike proposal for members
Members of the Indianapolis City-County Council’s Rules and Public Policy Committee voted along party lines Tuesday to approve a 110% pay increase for council members.
Lawsuit filed by Ambrose alleges city tried to take stamping plant land for Infosys campus
The company said in its 28-page complaint that Mayor Joe Hogsett’s administration had threatened to take the site through eminent domain in 2017—two years before it’s latest threat to use the legal maneuver to buy the land. That led Ambrose to add a clause to its project agreement with the city meant to prohibit the Hogsett administration from pursuing eminent domain in the future.
Thousands of teachers gather for Red for Ed rally at Indiana Statehouse
Teachers say they are rallying for better working conditions, higher pay, increased funding for public school classrooms, less emphasis on standardized testing and more respect.
City-County Council Dems seek huge pay hike
Indianapolis City-County Council Democrats have introduced a proposal that would more than double the base pay of councilors in 2020—a proposal Mayor Joe Hogsett said he would veto if passed.
Rolls-Royce embroiled in lawsuit over military contract
The company says the nearly $50 million it’s spent developing technology for new laser weaponry over the past decade is now threatened because of a dispute with a fellow military contractor.
Indianapolis’ next reservoir ‘an insurance policy’ for dry periods
When completed, the 88-acre project, called Citizens Reservoir, will be able to pump up to 30 million gallons a day of captured rainwater into nearby Geist Reservoir.
Only quarter of Indy not-for-profits have female leaders
And that’s despite the fact that 73% of all not-for-profit employees are female, according to Philadelphia software developer DonorPerfect.
Entrepreneur who purchased Channel 8 plans upgrades, hiring spree
An Indianapolis native, DuJuan McCoy expects to use his status as a local owner and the wisdom he’s acquired as a national turnaround artist to improve the station’s fortunes.
Pacers to reduce emphasis on suites in renovation
The change comes as the Pacers look to create court-facing gathering areas like those found at other new or renovated venues.
Children’s Museum, city join forces to find options to save historic Drake building
The process will give developers an opportunity to introduce ways to preserve the 91-year-old building at 3060 N. Meridian St., which the museum had planned to demolish.
Carmel consultant promotes Christkindlmarkt to Hallmark for Christmas movie
New York-based Rob DeRocker, who is paid up to $125,000 a year to promote Carmel, said he’s pushing the movie idea because the city is becoming more telegenic and “movie-genic.”
Litz & Eaton co-founder facing three lawsuits, including one from his former partner
Brad Litz, who created Litz & Eaton in 2011 is facing multiple lawsuits from a lender and one form his former partner, John Eaton,
Construction of South Meridian condo project might be phased
The developer was forced to rethink the project across from Circle Centre mall after anticipated costs ballooned past the expected $8 million to $10 million investment.
Indy Eleven finishes 2nd in league attendance with uptick in home crowds
The Indy Eleven drew average crowds of more than 10,000 per game to Lucas Oil Stadium in their second year in the United Soccer League.
Penske’s IMS deal means hundreds of acres of opportunity, real estate experts say
The acquisition of Hulman & Co. will give Penske Corp. control of about 37% of all the land in Speedway, making the company the town’s single-largest landowner. Roger Penske said he wants to take advantage of that land.
Album, CD business booms for one firm, even as streaming grows
Over the last decade, streaming sites and compressed file-sharing technologies such as MP3 have chased most “physical” media from the forefront of the audio and video recording industries. But Chip Viering sees that as an opportunity.
Convention industry swells, but future hinges on Pan Am development
Visit Indy, which isn’t involved in the Pan Am negotiations, is in “somewhat of a holding pattern until we have the exact details finalized and presented to us,” Vice President Chris Gahl said.