Ivy Tech breaks ground on $14M automotive tech center in International Marketplace
The center will move operations from a building it has operated in for several years at 1331 E. Washington St.
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UPDATE: Holcomb to mandate mask usage statewide
Indiana Gov. Eric Holcomb on Wednesday said he would pass a statewide mask mandate because of a recent rise in the COVID-19 positivity rate.
Kite Realty sues Oceanaire, Mattress Firm over rent disputes
In both of the suits, Indianapolis-based Kite claims that the retail tenants are in default on their leases because they didn’t pay rent in April, May or June.
Indy 500 blackout lifted; 500 Festival Parade, other events called off
The decision to allow local fans to watch the race live comes one day after Indianapolis Motor Speedway officials announced plans to reduce attendance capacity for this year’s race to 25%.
Democratic lawmakers call for special session, but House speaker says it’s not needed
The Indiana Senate Democratic Caucus, Indiana House Democratic Caucus and Indiana Black Legislative Caucus announced Tuesday during a press conference that they want lawmakers to come back to Indianapolis in August.
Indy 500 to run with crowds at 25% of capacity
Officials said that ticket sales for the Aug. 23 race will not be permitted after Friday, which could further limit the number of people who attend the 104th running of the Indy 500.
Lilly seeking $23.8M tax break to expand diabetes research, production
In the past seven years, the drugmaker has received tax breaks worth nearly $40 million in exchange for investing more than $500 million at its Indianapolis properties.
Fishers opening 33-acre AgriPark to the public starting next week
Described by city officials as the largest park in the country dedicated to a working farm, the 33-acre Fishers AgriPark at 11171 Florida Road is designed to offer an agricultural experience and educational opportunities about food production.
Developer streamlines plans for mixed-use project on Speedway’s main drag
The $6 million project is expected to feature retail space on the first floor—already fully pre-leased—along with apartments on the second floor and condominiums on the third.
Fishers council approves $16M financing plan for Geist Waterfront Park’s first phase
The lone council member to vote against the plan questioned whether now is an appropriate time to commit more money to a “nice-to-have” project.
David’s Tea closes Fashion Mall store, exits U.S. market
The struggling Canada-based retail chain is closing all 42 of its stores in the United States as it restructures its finances.
Subaru pressing ahead with plans for $158M expansion in Lafayette
The automaker, which announced its expansion plans just weeks before COVID-19 began disrupting the economy, says the project won’t be affected by the pandemic.
IBJ Podcast: Indy’s top doc on the COVID response, masks, contact tracing, second wave
Dr. Virginia Caine, one of the key interpreters of data and shapers of policy in Marion County, discusses the frustrations and challenges of combatting a pandemic and shares her blunt message for those who won’t follow the recommendations.
Area builders see big jump in home-construction applications
After a slowdown in May, applications for home construction permits made a solid rebound in the Indianapolis area in June despite the pandemic.
Wisconsin-based Gener8tor speeding entrepreneurial growth in Indiana
The business accelerator has launched a blitz of business-accelerator programs in Indiana since arriving in the state two years ago.
Clay Terrace hits pause on pre-pandemic plan to add apartments, offices, hotel
Columbus, Ohio-based Washington Prime Group has told the city of Carmel it has decided to put the brakes on an ambitious plan to diversify the lifestyle center.
Retail developer who took his own life was dogged by debts
Craig Johnson left behind what court records show is millions of dollars in debt that might not be covered by his estate.
Public health veteran Dr. Virginia Caine both upbeat and frustrated
IBJ talked with Caine about her pandemic frustrations, how testing and contact-tracing are going and whether the Indianapolis 500 should run with fans in the stands.
Justice center project hitting minority-contracting targets, but are they too low?
Roughly $162 million has been committed so far to minority-owned businesses helping to build the city’s $575 million criminal justice center complex in the Twin Aire neighborhood.
Venture firm opening Indy office to target the overlooked
Cincinnati-based Lightship Capital is opening an Indianapolis-area office within three months to provide underrepresented entrepreneurs here access to a $50 million investment fund.