CEO Jim Hallett predicts that 2019 will be the peak year for brick-and-mortar auto auction volumes, but company officials aren’t sitting around wringing their hands and wishing for the past.
The board carries $56 million in liability insurance for its facilities, including a $1 million general liability policy and a $55 million umbrella policy.
Real estate developers and experts suspect the firm couldn’t get access to enough capital to move forward with the massive, 103-acre development. Opinions are mixed on whether the site should remain intact or be split into multiple projects.
The new 7,700 square-foot restaurant will open this winter. The restaurant will open at 14741 Hazel Dell Crossing in a space that formerly housed a Giuseppe’s Italian Market. Renovations of the space are already underway.
Good Neighbor, an upscale apparel store, and Pumkinfish, a gift shop that focuses on products made by Indiana artisans, will be a part of the first phase of the $300 million project.
Orders for durable goods edged up 0.2% in August after a much bigger 2% gain in July, the Commerce Department reported Friday. The volatile commercial aircraft sector dropped sharply.
The development company told IBJ in a statement that it plans to reposition its business to focus on e-commerce and industrial development and away from mixed-use and office projects, including Waterside.
As a former police officer, Jordan Hetlund knows the value of keeping track of police dogs that can represent a five-figure investment for cities and towns. As a dog-lover, the native Hoosier knows how precious pet dogs and cats are to their owners. So in 2017, he founded Indianapolis-based Furtrieve LLC and spent a year developing a device that helps track the whereabouts of domestic animals.
The eight broadcasts on NBC had an average of 929,000 total viewers—up 3% over the four non-Indy 500 races on ABC last year. NBCSN broadcast the other eight races on the schedule.
Food-delivery service DoorDash said Thursday that the personal data of 4.9 million customers, workers and merchants was compromised earlier this year through an unnamed third-party service provider.
General Motors now says striking workers will get company-paid health insurance, nine days after telling the union that coverage would be cut off.
Terry Bassett’s resume includes stints with the Miami Dolphins, NASCAR/International Speedway Corp., and the Professional Bull Riders.
The new payment system IndyGo has paid Paris-based tech firm Flowbird Group to design and implement will not be ready by Oct. 1, the day riders were to start paying for Red Line service.
Projects include a new weight room, new chapel, a transformation of the school’s main entrance, and new athletic and student activity fields.
Vice President Mike Pence stumped for President Trump’s proposed deal with Mexico and Canada during a rally Thursday at McAllister Machinery on the city’s southeast side.
The stadium will have seating for 3,550 fans across the main grandstand, suites and the W Club Lounge.
The past-its-prime Wi-Fi system at the Indiana Convention Center could get a big boost in 2020, as its owner looks to make $5.7 million in enhancements to the venue.
Indiana health officials are investigating 30 cases of severe lung injury linked to vaping. Eight of those have been confirmed—most of them among individuals between the ages of 16 and 29. Earlier this month, the state confirmed the first death linked to vaping.
The Indiana Gaming Commission has approved the mobile launch for the first operator, French Lick Casino, which is working with Chicago-based Rush Street Interactive to offer retail and online sports wagering.
In the midst of the longest economic expansion the United States has ever seen, the separation between rich and poor from 2017 and 2018 reached its highest level since the Census Bureau started tracking it in 1967.
