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.
Mega Menu
Articles
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.
City’s strategy for excavating graves on site of Henry Street bridge project shifts to archaeology-first approach
The city has hired a Canadian company that helped relocate remains during the Indianapolis International Airport terminal project.
UPDATE: Economic impact of WWE events in Indy projected at $350M
The deal is expected to run at least eight years and will include Royal Rumble in 2025, WrestleMania, which has taken place in Indianapolis only once before in 1992, and SummerSlam.
IBJ Podcast: Why does the hospital count in Hamilton County keep growing while other counties lose care?
Not counting the $335 million complex announced earlier this month, the county already is home to 11 acute-care and specialty hospitals with a total of nearly 800 beds—while many Indiana counties have no hospitals, or a single facility with less than 50 beds.
Westfield planning $164M downtown redevelopment project
Plans for Park & Poplar call for a boutique hotel, office space, retail and luxury multifamily residences.
IBJ Podcast: Sushi eatery owner expanding in Mass Ave area with new restaurant, refreshed Metro
Bill Pritt digs into the origin story of Mass Ave’s Forty Five Degrees and the real estate acquisition—and yogurt shop—that helped him succeed. Plus, he serves up details from his plans for Harrison’s Restaurant and the Metro.
Purdue takes next step to develop $187M mixed-use project for new downtown Indy campus
Purdue officials say the Academic Success Building “will evolve with the needs of experiential education, accommodate courses that would not otherwise be offered with existing space, and provide on-campus housing.”
IBJ Podcast: Pete the Planner on the best and worst ways to handle a big inheritance
Pete also discusss how much you would need to inherit in order to immediately retire; why putting a down payment on a lake house might not be advisable; and why preventing family squabbles should be a key goal in planning to divide your assets.
Clark confirms she’s not on Olympic team, but it’s still a goal
Based on her inclusion in the U.S. national team pool, Clark could be chosen as an alternate if one of the 12 players is injured and can’t play.
Westfield unveils 8-year, $186M infrastructure plan
That represents $125 million in road improvements, $31 million in new roundabouts, $16.7 million in trail projects and $12.5 million in park projects. Half the projects have fundings allocated; the city is studying how to fund the other half.
Local developer plans low-income senior project at former site of Ritz Theatre
DTM Real Estate is seeking low-income housing tax credits for its planned project at the northwest corner of 34th and Illinois streets, which it intends to call The Ritz on Illinois as an homage to the 1920s movie house.
IBJ Podcast: Dissecting the ‘Caitlin Clark effect’ and how it can boost the fortunes of Indy and the WNBA
Clark has arrived in the WNBA at an opportune moment. The league is in negotiations for a new media rights deal, which could significantly increase revenue. And the players union and league soon can negotiate a new collective bargaining agreement.
IBJ Podcast: Downtown soccer battle update—stadium design, burial sites, Simon family land
The saga has taken several turns with fresh revelations about what’s underneath the ground set aside for the stadium complex that developer Keystone Group wants to build and who owns the land the city has identified for another site that Mayor Joe Hogsett’s administration has championed.
Governor says he won’t get involved in spat between city, Keystone over MLS team and stadium deal
Eric Holcomb told IBJ while he is hopeful Indianapolis will secure a Major League Soccer club—an effort Joe Hogsett announced during a public address on April 25—it will have to do so without having him play facilitator.
Hogsett ‘serious’ about leaving proposed Indy Eleven stadium site undeveloped
Indianapolis Mayor Joe Hogsett’s administration could pursue a plan to turn the proposed Indy Eleven stadium property into a memorial park to honor its history as an early cemetery grounds rather than let it be developed, the mayor’s spokeswoman confirmed Friday.
Lilly’s huge expansion plan took place at record speed to reduce bottlenecks for Mounjaro, Zepbound
The company said the site footprint will not expand, but the company will fill in the property with more buildings and equipment. Manufacturing capacity will almost triple there.