The federal “opportunity zones” initiative, designed to spur investment in low-income communities nationwide, is still in its early stages—but it’s already grabbed the attention of local developers and investors. Created as part of the federal tax legislation known as the Tax Cuts and Jobs Act of 2017, the initiative offers substantial tax breaks to those […]
Business has been slow to build at Beholder, which isn’t yet consistently profitable and has had to cut staffing to the bone.
The Lilly Endowment awarded millions of dollars over the last three years to help several central Indiana human service agencies start endowments of their own.
Blue Indy has yet to see a money-making year, and the company’s top Indianapolis official says he can’t predict when that will happen.
Indy Parks is grappling with the future of its 13 courses based on declining revenue and interest, and millions of dollars in eventual facility upgrades.
The 200,000-square-foot southeast-side project would be constructed for PepsiCo subsidiary P-America LLC, which has multiple facilities around Indianapolis.
At least four restaurants in the area have blamed their closings on the U.S. 31 project. Carmel says other nearby restaurants are doing just fine.
Dr. George Rapp, an orthopedic surgeon and humanitarian, is this year’s recipient of the Sachem Award.
FBI special agent Craig Moringiello told IBJ “we have a tremendous infrastructure in place in this state for agricultural innovation, and that makes us a target.”
U.S. employers slowed their hiring in July, but added a still-healthy number of jobs. Average hourly earnings increased 3.2% from a year ago, up from annual gains of 3% in June.
Indianapolis-based Sun King acquired the business assets of the former Thr3e Wise Men location on Broad Ripple Avenue in an auction Thursday.
One year since its first houses went on the market, seven out of the 15 homes sold are now occupied by teachers, making the village a much more mixed community than the developers’ initial lofty goals.
President Donald Trump intensified pressure on China to reach a trade deal by saying he will impose 10% tariffs Sept. 1 on the remaining $300 billion in Chinese imports he hasn’t already taxed. The move immediately sent stock prices sinking.
Creating a new process for dealing with some high-profile infractions cases was one of several recommendations made last year by the Rice Commission on college basketball.
Ballard had been one of several Republicans suspected of being interested in running for Indiana’s 5th District, which is being vacated by Rep. Susan Brooks next year.
The complete overhaul of the street will include a raised pedestrian crossing between entrances for the City-County Building and the City Market.
With Target out of the picture, the ground floor of the former Carson’s space in Circle Centre will be marketed to multiple retail, restaurant and entertainment tenants, sources said.
Mayor Thomas Broderick Jr. said the price was reasonable and the theater could be tied into redevelopment efforts in the city.
The addition of the hybrid powertrain will delay the debut of IndyCar’s new engine from 2021 to 2022, realigning it with the arrival of the next chassis.
The 4,500-square-foot club, to be constructed between the 2019 and 2020 seasons as part of $8.3 million in Victory Field improvements, will be sponsored by Indianapolis-based Elements Financial Federal Credit Union.
