Popular tea and coffee destinations invigorate Kennedy-King neighborhood
New businesses The Alchemist, Recess and Flora & Flame have generated a buzz.
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Republic Airways moving into $200M HQ in Carmel, expanding on-site hotel space
The added lodging will allow more pilots and flight attendants to participate in training exercises and create more room for corporate employees in town on business.
IBJ Podcast: Pete the Planner answers, ‘Stocks are at all-time highs, so why am I terrified?’
Peter Dunn and host Mason King explore the gap between positive economic news on the macro level and the pessimism many consumers are feeling about their personal finances.
IU, Purdue campus investments will reshape downtown
Since IUPUI split in July 2024, Indiana University and Purdue University have poured hundreds of millions of dollars into their respective downtown campuses to grow programs and attract students.
Local investment firm plans co-working, event space at former Scouting HQ
The Golden-Burke Scout Center, which for 15 years was the home of the Crossroads of America Council, has been on the market since last February.
Carmel developer seeking $7.5M tax break for $62M Nora apartment, retail project
The mixed-use project with at least 250 apartment units would replace a collection of single-story buildings known as Winterton Office Park constructed in 1963.
IBJ Podcast: Explaining the blitz of news about the Bears’ potential move to Indiana
Several surprising developments in the last two weeks show that Indiana is moving quickly to lay the groundwork for a stadium, the Bears are giving the state serious consideration and that some Illinois officials are seriously concerned about losing the team.
Community development group maintains focus on affordable housing with plans for near-east-side triplex
The organization has developed similar residential projects in recent years in the Willard Park and Rivoli Park neighborhoods.
IBJ Podcast: Indy-centric arts and culture offerings to circle on your calendar
IBJ’s Dave Lindquist previews “Dead Man’s Wire,” David Byrne, the Contemporary Art Museum of Indianapolis, cowboy couture, listening rooms and more.
Shelbyville officials advance request to annex 429 acres as part of data center plan
Prologis Inc. hopes to build the sprawling, 13-building operation east of the State Road 44 and Interstate 74 interchange on property straddling the city’s eastern boundary.
IBJ Podcast: ‘I joke that I went from selling paper money to toilet paper,’ former banker says
In this encore edition of the IBJ Podcast: Something was missing from her career as a commercial lender, and Cindy Schum found it in a small firm that sold janitorial and cleaning supplies.
2025 Year in Review: Data center projects spur opposition, investment in power generation
Indianapolis-based Citizens Action Coalition estimated in September that there were 40 data centers active or proposed in the state.
2025 Newsmaker: Gov. Mike Braun
Gov. Mike Braun became Indiana’s fourth consecutive Republican governor when he was sworn in on Jan. 13, following GOP Govs. Eric Holcomb, Mike Pence and Mitch Daniels. But Braun’s administration has had no interest in carrying the torch of his predecessors.
Dozen-plus Indy-area industrial parks sold to California firm
The portfolio consists of 38 buildings in total with a healthy collective occupancy rate of 97.5%. Their value as renovated space is far greater than new construction, according to the seller.
IBJ Podcast: World Cup team could call Westfield home; plus, progress reports on downtown projects
IBJ’s Mickey Shuey discusses the logistics of being the home base for a World Cup team and what teams want. Plus, the lowdown on the push for a downtown Indy casino.
Q&A: Carmel entrepreneur pursues reset of competitive cheer industry
Patrick Cowherd has pushed for sweeping reform to the sport’s governance and safety protocols, particularly as the sport has become more widely embraced.
Simons buy two more properties on South Meridian bar belt near hotel, entertainment project
The acquisitions are within a stone’s throw of the family’s planned hotel and music venue project at the former CSX site.
IBJ Podcast: The ‘difficult, complex work’ of extending life expectancy in five Indy neighborhoods
Jamal Smith of Indy Health District has a one-year progress report, including strategies that succeeded and situations where he needed to ask for grace and go back to the lab.
IBJ Podcast: Pete the Planner’s predictions for housing, higher ed, energy and a potential tariff mess
If the Supreme Court finds that Presidents Trump’s emergency tariffs are invalid, the consequences for the government’s finances could be severe.
Kimpton developer eyes late 2026 opening for $110M downtown hotel
The 18-story Kimpton has been in the works since late 2017, with its price tag almost doubling from the original $57 million planned investment.