Indianapolis to host men’s Final Four in 2029
The selection marks the tenth time Indianapolis has won a bid to host the college basketball championship event, one that has become an integral part of the city’s sports DNA.
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Milhaus plans $5M renovation to turn former Harrison College building into new HQ
The Indianapolis-based apartment developer plans to vacate its current headquarters in the Fletcher Place neighborhood for a newly designed space that can house twice as many employees.
Pastor James Jackson running as Republican candidate for mayor
James Jackson, pastor of Fervent Prayer Church at 10512 E. 38th St., says he plans to focus on public safety and education in his campaign.
Homebuilding in central Indiana continues to crater as interest rates rise
Builders in the nine-county Indianapolis area filed only 457 single-family building permits in October, down a whopping 46% from 845 in the same month of 2021.
Staffing shortages rock pharmacy industry
While they scramble to fill positions, some pharmacies are cutting their hours or closing locations. That means patients are waiting longer to get their prescriptions filled.
Industrial, home developers plan joint project by southwest-side neighborhood
Nearby residents object to the project, which would include 817,000 square feet of speculative industrial space across 56.7 acres and a residential section with 133 single-family homes and another 52 homes in a paired-patio design.
Airline reaches out to students to build talent pipeline
Indianapolis-based Republic Airways is launching a combination of recruitment, training and retention efforts, including a career fair for middle school, high school and college students.
UBS sues wealth managers who joined rival firm
In its complaint, UBS accuses the defendants of using UBS resources to plan UBS client meetings that took place after the defendants had left the firm.
Brothers writing new chapter for 106-year-old building in Garfield Park
Siblings Phil and Joel Kirk want to be part of the commercial comeback of the Garfield Park neighborhood southwest of Fountain Square.
Luxury developer plans nearly 300 apartments on site of former entertainment center
The plans from Edward Rose & Sons call for demolition of the 54,500-square-foot Main Event entertainment complex, which opened in mid-2017 in the Lake Clearwater area.
UPDATE: Frank Reich fired by Colts; Jeff Saturday named interim coach
The ouster, during the coach’s fifth year with the team, comes after the Colts got off to a disappointing 3-5-1 start to the season.
Most hotels planned for downtown still in works, but progress slow
Five of 20 downtown hotel projects announced before the pandemic have opened. But few of the remaining 15 have made substantive progress, despite a strong rebound in the district’s hotel occupancy rates.
Noblesville leaders expand scope of planned Innovation Mile
City leaders expect a stretch of undeveloped agricultural land on the city’s southeast side to become Hamilton County’s next epicenter of innovation.
TWG planning apartments on former bakery site east of downtown
TWG Development expects to spend $56.5 million to build Bakery Living, a six-story, 201-unit apartment project at 1331 E. Washington St., just east of its redevelopment of a Ford Motor Co. assembly plant.
IBJ Podcast: Ben Lytle on navigating coming disruptions in tech, culture
Speedier advances in cloud and quantum computing. Aligning tech with the human body. Spending more of our time communicating and socializing virtually. The former Anthem CEO breaks down the forces that will change the way we live and work.
State-led coalition vying for federal funds to create a hydrogen hub
The Indiana Economic Development Corp., along with public and private partners, is hoping for a piece of $7 billion in grants to establish northwestern Indiana as one of a handful of hydrogen hubs nationwide.
NICO Corp.’s brain surgery tools gain traction, $12.6M in new funding
After 15 years of coaxing and cajoling the medical community to consider a different way to do brain surgery, NICO co-founder Jim Pearson has numbers to show more surgeons and investors are buying into his vision.
Developers planning four-story office project on Mass Ave
The development team hopes to land a single office tenant to occupy most of the building, although the first floor could also consist of retail or other commercial uses.
IBJ Podcast: Pete The Planner’s frank message on accepting your future demise
Pete Dunn and podcast host Mason King dive into some the big questions that usually come up when one finally addresses this dark elephant in the room: How much life insurance do you need, and what kind?
Funding perpetuates surprises at city’s most unusual venue
In September, music and art venue Healer received one of 10 Power Plant Grants distributed by Indianapolis-based Big Car Collaborative and funded by New York’s Andy Warhol Foundation for the Visual Arts.