Wild Air project in Zionsville will be developer’s largest yet
Construction is set to begin this summer on a 260-acre development in Zionsville that will bring nearly 700 new homes to a once-rural area of the Boone County town.
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Demolition of downtown’s Jail I set to begin in October
A request for proposals from developers for the 2-acre site is expected to be issued in 2025.
IBJ Podcast: Hotly anticipated eatery Borage debuted in June. So how’s it going?
Josh Kline and Zoe Taylor had won acclaim as chefs for nationally lauded Milktooth in Fletcher Place. Perhaps their biggest learning curve as co-owners of Borage has come on the financial side.
How Lilly wooed Massachusetts biotech with flurry of offers
It was a mating dance that lasted more than three years. At the end, Eli Lilly and Co. wound up buying a Massachusetts-based biotech developing treatments for inflammatory bowel disease for $3.2 billion.
Former state legislator Eberhart sentenced to prison in casino fraud case
Sean Eberhart admitted using his position as a lawmaker “to enrich himself by soliciting and accepting gifts, payments, and other things of value” from Spectacle Entertainment in exchange for “favorable official action.”
TWG seeking tax break on $73M apartment complex planned near Lucas Oil Stadium
As part of the request, TWG is pledging to make 41 of the 270 units available to individuals and families making up to 70% of the area’s median income.
IBJ Podcast: Artistic director banks on broad vision for fledgling Black theater company
Ben Rose breaks down his vision for supporting the fledgling Indianapolis Black Theatre Co. while serving the careers of its members both on and off stage.
Caitlin Clark rallies Fever past Liberty 83-78 with first triple-double by WNBA rookie
Indiana beat New York for the first time since posting a 92-86 road win on May 13, 2022.
Sheridan aims to manage growth with reorganization, but questions remain
The town of Sheridan and Adams Township are looking to merge—a move that would give Sheridan planning and zoning control over an area that is currently unincorporated and is the jurisdiction of county planners.
Arrow McLaren to replace Rossi with Lundgaard in yet another driver lineup change for IndyCar team
Alexander Rossi, who won the Indy 500 in 2016 as a rookie with Andretti Global, joined Arrow McLaren last year. In late June, he scored only his second podium since joining the team.
Owner of 27-story downtown apartment tower faces $101M foreclosure lawsuit
Since it was completed in 2018 at a cost of $120 million, the tower has become one of the city’s priciest residential properties, with an average rent of $2,365 per month, or $2.58 per square foot.
IBJ Podcast: WWE bringing three marquee pro wrestling events to Lucas Oil Stadium
We’re giving host Mason King a break and turning the podcast microphone over to IBJ arts reporter Dave Lindquist and tourism reporter Mickey Shuey, who dive into the details of a first-of-its-kind deal between WWE and Indy.
Supreme Court weakens federal regulators, overturning decades-old Chevron decision
The Supreme Court on Friday upended a 40-year-old decision that made it easier for the federal government to regulate the environment, public health, workplace safety and consumer protections, delivering a far-reaching and potentially lucrative victory to business interests.
Westfield seeks role in fighting Duke Energy Indiana’s proposed 16% rate increase
Westfield has asked the Indiana Utility Regulatory Commission to become a party to the case, which would allow the city to submit evidence and testimony and cross-examine the state’s largest electric utility about its rate increase request.
City wants to jump into MLS stadium talks this summer
The city and the Capital Improvement Board of Marion County in the coming weeks will convene with the prospective MLS investor group to begin early design work for a stadium on the downtown heliport property.
Grizzlies grab Purdue’s Zach Edey with ninth pick in NBA Draft
The two-time college National Player of the Year went from a projected second-round pick last year to a lottery pick in this year’s draft, filling a need in the front court for Memphis.
Hogsett gets OK from city commission on plan to fund soccer stadium
The approval of the taxing district now allows the Hogsett administration to request authorization from the State Budget Committee—a step required because the funding plan relies on up to $9.5 million per year in state taxes.
Fishers to open 120-acre park along White River in 2025
Years in the planning, the project is expected to include 2.5 miles of trails, two overlook boardwalks, a creek-stomping area and 5,000 feet of river frontage with a kayak launch.
Outdoor retailer L.L. Bean to open first Indianapolis store
The 16,500-square-foot store will take over part of a space previously occupied by a Buy Buy Baby that closed in 2023.
Cummins plans to ‘streamline’ operations, cut jobs after 2023 buyouts
A company spokeswoman told IBJ that the new workforce reductions are related to Destination Zero—the company’s previously announced goal of achieving zero emissions by 2050.