Federal judge blocks state panhandling law from taking effect
A federal judge has issued a ruling against a new state law that would have effectively banned panhandling in downtown Indianapolis starting Wednesday, calling it unconstitutional.
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Children’s Museum, art museum to reopen to general public
The Children’s Museum said it is projecting a loss of $4 million to $7 million in 2020 because of the three-month health crisis closure.
High Alpha first tenant to begin moving into Bottleworks District space
High Alpha began moving out of its Circle Tower headquarters, 55 Monument Circle, last week after more than five years in the historic downtown building.
Indiana regulators cut Duke Energy’s proposed rate hike by 60%
The Indiana Utility Regulatory Commission ruled Monday that Duke Energy, the state’s largest electricity provider, could collect an additional $146 million a year from customers. That’s down sharply from Duke Energy’s original request.
Carmel preparing to add 11 roundabouts over next two years
The City of Carmel—already the self-proclaimed “Roundabout Capital of the United States”—on Monday released a list of intersections it plans to convert beginning this summer.
IBJ Podcast: Advice for hiring and nurturing a diverse workforce
Attorney Angela Freeman, who has spent six years on the board of Women & Hi Tech, recommends using diverse committees—rather than leaving the job to one individual—for hiring and then assigning new employees, especially minority hires, to mentors who are invested in their success.
Pandemic shutdown helps local garden centers blossom
Stay-at-home orders led central Indiana homeowners to spend money on their outdoor living spaces, even after a slow start to spring.
Governor’s race not top of mind in Black community
Democrat Woody Myers is the state’s first Black gubernatorial nominee from either major political party, but Black community leaders say his campaign is getting lost in the barrage of news about COVID-19 and protests over police brutality and racial inequity.
Developers push into Westfield along Carmel’s northern border
Over the past decade, developers have proposed nearly a dozen new subdivisions within a couple of miles of the 146th Street and Towne Road intersection.
FFA cancels national convention in Indy as downtown reels from tourism drought
The agriculture-education group cited lingering concerns over the coronavirus pandemic for scuttling the four-day event, which last year brought more than 68,000 people downtown.
UPDATE: Indy 500 to run with stands at 50% capacity, IMS officials say
About 175,000 tickets—most of them renewals—have been sold for the race, IMS confirmed to IBJ. Ticket requests are still being accepted, going into a queue for fulfillment after existing ticketholders have been accommodated.
Lebanon box-manufacturing plant ready to produce line of faux sports fans
London-based DS Smith has designed a line of recyclable cardboard cutouts to fill stadium seats during the COVID-19 pandemic. The company is now looking to professional and amateur sports teams as potential buyers.
Coworking chain taking over former restaurant space in Circle Centre
The lease will be COhatch’s second with Circle Centre landlord Simon Property Group. The firm previously announced plans to open a coworking space at Simon’s Hamilton Town Center in Noblesville.
Macy’s cutting 3,900 corporate jobs as layoffs hit headquarters
The job cuts are in addition to the staff reductions already taking place inside stores, along the Macy’s supply chain and in customer support roles.
Carmel-based Round Room moving headquarters to former Roche building in Fishers
Round Room, a holding company for wireless retailers, plans to relocate from Carmel to Fishers by early next year. The move to the 190,000-square-foot building will give the company room to grow.
Developer of $40M residential project in Chatham Arch eyes 2021 finish
Well under way after years of revisions and delays, Chatham Park is expected to include up to 55 condominiums, seven single-family homes, four duplexes and 2,200 square feet of retail space.
Noblesville venue part of Live Nation’s new drive-in concert series
Tour promoter Live Nation has announced its first-ever drive-in concerts series, at three different venues in the United States in July, months after the live music industry went on lockdown due to the coronavirus pandemic.
Black chamber leader calls for more city support
During the coronavirus pandemic—which research shows has disproportionately affected black-owned businesses—the 250-member organization has received no city funding to give loans or grants to its members who were struggling.
Retail real estate scions to battle in court–again
David Simon and Bobby Taubman are battling now in court over whether Simon Property Group is obligated to complete the $3.6 billion purchase of Michigan-based Taubman Centers that it announced in February.
City’s last traditional costume shop closes permanently after 50 years in business
Costumes by Margie, which opened in 1970, almost changed ownership last month, but the pandemic ruined those plans