High-end Proscenium apartment property in Carmel changes hands
A 196-unit mixed-use apartment and retail development in Carmel has been sold in a deal brokers called one of the most notable—and complex—sales of the year in the metropolitan area.
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Drake apartments property receives five proposals for reuse
The Department of Metropolitan Development in August issued a request for proposals for updating the long-vacant, city-owned building at 3600 N. Meridian St.
Mark Montieth: A word to describe the late Bob Knight? Complex.
He’ll ultimately be remembered for his coaching acumen, of course. His teams featured what for his era was the ultimate brand of basketball. Controlled pace, crisp ball movement, careful shot selection and stout defense.
FFA convention arrives downtown this week with expected 70K visitors
The four-day event is expected to generate nearly $40 million in economic impact, according to Visit Indy.
Jury awards $1.8 billion in Realtor case, finds groups conspired to inflate commissions
The decision involves a sale’s commission, which hovers around 5% to 6% of the home sale price and is paid by the home seller both to the sellers agent and the buyers agent.
Study: United Way grants provide $45M annual boost for regional economy
The study from the Kelley School of Business Indiana Business Research Center found the United Way of Central Indiana helped support groups that had a $1.52 billion impact on the regional economy since 2020.
New Indianapolis whiskey producer cites barrels as key to flavor
Fortune’s Fool, an Indianapolis-based spirits company led by former anesthesiologist Juliet Schmalz, debuted this month in liquor stores, restaurants and bars.
Carmel Christkindlmarkt announces new food, events for 2023
Opening day for the German-themed Christmas festival and the adjoining public skating at the Ice at Carter Green is set for Nov. 18.
Canadian Solar plans $800M production facility, 1,200 jobs in Indiana
A global developer of large-scale solar power plants and battery storage projects is expanding into southern Indiana, the Indiana Economic Development Corp. announced Monday.
White River State Park concert venue formalizes name change
Everwise Credit Union, the venue’s naming-rights partner, was known as Teachers Credit Union until June 2023.
IBJ Podcast: Debby Knox hopes to lose news ‘addiction’ in second shot at retirement
The legendary local broadcaster shares a wide-angle view of her career, including the most difficult and most rewarding days on the job.
Pence quits presidential race after struggling to gain traction
Former Vice President Mike Pence is the first major candidate to leave a race that has been dominated by his former boss-turned-rival, Donald Trump, and his struggles to underscore just how much Trump has transformed the party.
Hogsett, Shreve return to riot response, criminal justice system review in final debate
At their final debate before the Indianapolis mayoral election, Democratic incumbent Joe Hogsett and Republican challenger Jefferson Shreve clashed on several issues, including economic development, city policies and animal welfare.
Summit aims to recognize strength of Indiana’s creative economy
The mission of “Creative Crossroads: Indiana Creative Economy Summit,” organizer Polina Osherov said, is to elevate film, music and other creative pursuits on Indiana’s economic landscape.
Developer planning townhouse development on west side of Noblesville
Indianapolis-based Platinum Properties Management Co.’s plans call for the Westbrook townhouse community to be built on 19 acres on the northeast side of the intersection of Moontown Road and Castamere Drive.
NBA All-Star events in Indianapolis expected to have $320M economic impact
During a press conference Wednesday to discuss the 2024 NBA All-Star Game in Indianapolis, NBA Commissioner Adam Silver said the All-Star game will return to its classic Eastern Conference-vs.-Western Conference format with a traditional game.
UIndy lands $4.1M grant from Christel DeHaan Family Foundation
The school said the grant will support the university’s Center for Global Engagement with $3 million and the Christel DeHaan Fine Arts Center with $1.12 million.
Growing local concert company Forty5 hires first chief executive
IUPUI alum Jenny Boyts, who is board president for Indy Pride Inc., will lead Forty5, which presents concerts at the Vogue and Holliday Park.
IU Kelley School of Business launches co-op program in Indianapolis
The new program is one of several ways that IU Indianapolis is working to increase the number of job-ready graduates in Indianapolis and make higher education more accessible to Hoosiers.
Carmel City Council OK’s Conner Prairie’s expansion west of White River
The council voted 9-0 to rezone 260 acres Fishers-based Conner Prairie owns in Carmel, south of East 146th Street and east of River Road.