Paige’s Music planning to move HQ from Indianapolis to Fishers
A 151-year-old business that helps Indiana’s music students improve their craft is on the move to Fishers after spending the past 33 years headquartered in Indianapolis.
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Fischer Homes proposing to build 75 townhouses in Westfield
The high-end townhouses would be constructed on 11 acres of land at the Westfield Yard Planned Unit Development District near State Road 32 and Gray Road.
Area existing-home sales beginning to slow, but prices still rising
The active inventory of for-sale homes rose 47% from the previous month in central Indiana. Higher inventories could help bring down prices in coming months.
Indiana governor walks back comment on abortion bill
Indiana Gov. Eric Holcomb on Tuesday took back his previous statement that he expects to sign whatever abortion-restricting bill comes across his desk, but he struggled to articulate where specifically he stands on the incoming legislation.
Steak n Shake owner plans $3M rooftop tavern next to Fieldhouse
Sardar Biglari expects to spend at least $3 million to renovate the historic C.A. Schrader building’s top floor and construct an addition to the neighboring structure.
Ascension’s much-touted micro-hospitals fade away in Indy area
Just five years ago this summer, officials from Ascension St. Vincent opened the first of five tiny hospitals in the Indianapolis area, touting them as a new model of ease and comfort for patients.
Indiana’s Mom Water could be 1-million-case success story
The drink, flavored water infused with vodka, debuted just 16 months ago. The company operates out of Ferdinand, 15 miles south of Jasper, and the product is manufactured in Indianapolis.
State plans new I-65 exit near Boone County’s innovation district
INDOT wants to build an interchange at West County Road 300 North that would serve the planned 7,000-acre LEAP Innovation and Research District.
Six businesses in Fountain Square Theatre Building sold to wedding venue operator
Moller Enterprises, which owns The Sanctuary on Penn, bought the business operations from Linton Calvert, with plans to greatly increase event activity in the building.
Airport Authority to buy nearly 58 acres near Mount Comfort airfield
The decision to buy the privately owned property came after seeing the swiftness with which developers have moved to acquire thousands of acres near the Indianapolis Regional Airport for their own projects.
IBJ Podcast: What lies beneath downtown’s Diamond Chain site?
Of course, there are the usual concerns about environmental impacts that come with any industrial site. But this particular spot—now earmarked for the Indy Eleven’s 20,000-seat stadium—was also the city’s first burial ground.
Former uses of Diamond Chain site could pose ‘bit of a sticky situation’ for developers
Experts are optimistic that the property’s redevelopment will spur growth in housing and entertainment, but the industrial site’s environmental and historical factors must be considered in the aggressive timeline set for Eleven Park.
Boone County plans $59.1M jail expansion
The council approved the project on June 14 by a 4-3 vote following months of debate between the council and the Boone County Commissioners.
Arcane world of pharmacy benefit managers slowly unraveling
A series of federal and state actions are putting the $400 billion PBM industry under a spotlight.
Republic Development planning 52 townhouses at Jackson’s Grant Village in Carmel
According to the proposal, the townhouses would be built on 8.83 acres of land at the northwest corner of East 116th Street and Spring Mill Road.
UPDATE: Ascension St. Vincent to close 11 immediate-care centers
The closures will affect more than half of the urgent care centers operated by Ascension St. Vincent across the state, a move certain to impact scores of employees as well as patients who use those centers.
Noblesville City Council rejects plan for gravel pit near Potter’s Bridge Park
Noblesville city councilors voted 7-2 against the proposal by Beaver Materials, which purchased 50 acres of farmland adjacent to the 66-acre park with hopes of removing gravel from the property.
Oriental Inn calls its quits after 37 years in business
The owners of the east-side restaurant, which has been shut down since mid-November due to a kitchen fire, have decided to make the closure permanent.
Indy area’s largest apartment complex sold in six-property deal
The properties, which total 2,103 units on more than 165 acres, have seen significant rent growth in recent years and likely will see more after renovations by the new owner.
Westfield to remain third-class city after city council rejects move to second class
Westfield failed to become the fourth Hamilton County city to upgrade its class status over the past decade. A move to second class would expand the city council and make other governing changes.