Sportsman’s Warehouse among new tenants at Brownsburg retail center
A trio of “junior anchor” stores will join a recently opened Kroger at the renovated Brownsburg Square retail center, where a Kmart closed in 2017.
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Area homebuilders see 4th straight month of falling permits
Rising mortgage rates, supply-chain issues, increasing material costs and limited lot availability are hampering the market.
Indiana’s total gas tax to remain at 56 cents a gallon in June
Indiana’s average pump price hit $4.62 for a gallon of regular as of Thursday, up from $3.93 a month ago, according to AAA.
Westfield latest Hamilton County city to consider second-class status
The Westfield City Council plans to discuss a proposed ordinance at its meeting Monday night to change the city from third-class to second-class status—a move that would expand the council from seven to nine members and make other governing changes.
Colette Pierce Burnette looks forward to ‘heart’ work at Newfields
The museum’s annual meeting included the Indianapolis debut of the incoming CEO, the unveiling of what’s next for the Lume and an update on #BlackLivesMatter muralists.
Developer seeking incentives for $12.5M revamp of Mass Ave building
Landmark formally acquired the building for $4.6 million in April and has already started demolition work inside the structure.
City commission delays rezoning hearing for controversial Willows project
The Metropolitan Development Commission continued a public hearing on the Willows redevelopment project near Broad Ripple following requests for a postponement by both the developers and remonstrators.
Anthem shareholders approve corporate rebranding to Elevance Health
The Indianapolis-based insurance giant said the new name will better reflect its mission of “elevating whole health and advancing health beyond health care.”
Sato, Honda strong on opening day of Indy 500 practice
It was a good day for Honda, which has been beaten by Chevrolet in four of five races so far this IndyCar season. Ten Honda drivers cracked the top 12 on Tuesday.
Newfields hires university president as new chief executive
Newfields’ 14-month search for a successor to controversial former CEO Charles Venable is complete. The art museum and gardens announced Tuesday the hiring of Colette Pierce Burnette, the president of Huston-Tillotson University in Austin, Texas.
IBJ Podcast: How Mayor Myers is changing the face of Greenwood
Host Mason King talks with Myers about how Greenwood is changing, but also about his life, which has included working for his parents’ ambulance business, as a police detective, a missionary and in security for a foreign embassy.
FDA approves Lilly diabetes drug that helps patients lose weight
The drug has been closely watched by medical professionals and is viewed by financial analysts as a possible blockbuster, with potential annual sales in the billions of dollars.
Indy hosts summer-long NBA 2K League esports season
The league wants to draw fans to its studio inside Pan Am Pavilion to watch the games and engage with players, whose teams are mostly associated with NBA franchises.
$18 starting wage touted to employers as a big plus
The Indianapolis Airport Authority, National Bank of Indianapolis and Mays Chemical Co. are three of 24 local employers participating in the Good Wages Initiative launched April 25 by not-for-profit EmployIndy.
Neighbors fight dense White River development near Broad Ripple
The siblings who own soon-to-close Willows Event Center on Spirit Lake want to redevelop the site into more than 250 apartments and town houses.
Cummins shareholders reject splitting CEO, board chair duties
Had the proposal been approved, Cummins CEO Tom Linebarger would have been stripped of the chairmanship.
Duke Realty rejects $24B Prologis acquisition bid, deeming it ‘insufficient’
Prologis, one of the world’s largest real estate investment trusts, said it has been trying to acquire Indianapolis-based Duke since November. Duke said in a written statement issued Wednesday that those buyout efforts simply haven’t been good enough.
Local developer plans new headquarters, restaurant in Broad Ripple
Avenue Development plans to construct a four-story office structure in the middle of the 6500 block of Cornell Avenue, directly west of the Monon Trail. The building would include a first-floor restaurant from a well-known local operator.
Prologis offers to acquire Duke Realty for nearly $24 billion
In a public letter, Prologis CEO and co-founder Hamid Moghadam said his San Francisco-based company has been trying to acquire Indianapolis-based Duke quietly without luck since late November and decided to make the effort public.
Indiana Sports Corp. leader Vaughn leaving job for private sector
Ryan Vaughn, who has led the Indiana Sports Corp. since 2014, plans to resign from his role as president on July 1. There has been speculation that Vaughn might someday run for mayor.