City initiates demolition of 8 more buildings at troubled Towne & Terrace
The ultimate goal of the Hogsett administration is to redevelop the 20-acre property site in conjunction with the neighboring Oaktree Apartments site.
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Amazon ignored its own worker safety studies, Senate report says
The 159-page Senate report says Amazon’s policies, including productivity targets, risk worker injury owing to exhaustion and repetitive stress.
IBJ Podcast: Mission of Indy furniture maker ‘is about building other people up’
More than 240 people who have struggled with addiction, homelessness, incarceration and other obstacles have been employed and trained by Purposeful Design. And sales of its high-end furniture cover most of the cost of operation.
Former nursing home CEO included in Biden’s sweeping clemency grant
James Burkhart was chief of Indiana’s largest chain of nursing homes before being indicted on 32 fraud counts in 2016.
Developer plans $22M apartment, retail project with housing for veterans along Keystone corridor
The 92-apartment development, which would feature one- to three-bedroom units, would consist of market rate and reduced-income housing, with the latter meant to serve homeless veterans.
Mass Ave restaurant Nine Irish Brothers closes
The Irish pub opened in 2014 as the third Nine Irish Brothers location. After a decade of serving shepherd’s pie and bangers and mash, the downtown restaurant is permanently closed.
IBJ Podcast: Josef Newgarden, Indy 500 champ and avid investor, also races against S&P 500
Newgarden enjoys being a hands-on caretaker of his financial life, including managing his investment portfolio. He says if he weren’t a racer, “I think I’d be an equity trader or some kind of strategist.”
ISO planning major facelift for Hilbert Circle Theatre
The overhaul would include construction of a new rooftop event space and outdoor terrace overlooking Monument Circle, a revamp of lounge areas, and a new covered walkway and entryway along the Scioto Street alley.
Derek Schultz: IU football fans finally get to live in the moment
If you had posed any of the current playoff scenarios to anyone back in August, much less a die-hard IU football fan, they would’ve laughed you out of the room.
Thanksgiving meal in Hoosier state expected to cost a bit less than last year, per report
The market survey is conducted each year by volunteer shoppers across Indiana who search for the best prices while not using coupons or special promotions.
Zionsville receives $4M from state grant fund for infrastructure projects south of Village
Among the projects: A dog-bone-style roundabout will connect Main Street and First Street, and another roundabout would be built to the north at Sycamore Street and First Street.
Triton Brewing Co. to close after 13 years at Fort Ben
Triton Brewing Co., known for its Rail Splitter IPA, was an early participant in the rise of Indianapolis craft beer makers.
Formula 1 expands grid to add GM’s Cadillac brand and new team headed by Andretti Global owners
Michael Andretti stepped aside from leading his Indianapolis-based racing company in September, so F1’s 11th team will be called Cadillac F1 and be run by new majority owners Dan Towriss and Mark Walter.
It’s ‘game over’ for Tilt Studio arcade at Circle Centre Mall
Closure of Tilt Studio arcade follows exit of Regal UA Circle Centre movie theater on the fourth floor of Circle Centre Mall.
IBJ Podcast: Why size matters when it comes to Indy concert venues
IBJ arts and entertainment reporter Dave Lindquist talks with MOKB Presents partners Josh Baker and Dan Kemer about the venue — their third — they plan to open in the Murphy Arts Building and why musicians and their management care about venues of different sizes.
IBJ Podcast: Inside jeweler’s decision to close one of downtown’s oldest businesses
Windsor Jewelry has operated within a stone’s throw of Monument Circle since 1919. Owner Greg Bires details his decision to close after the store survived the pandemic and the 2020 downtown riots.
City weighing whether to award $40M in TIF, forgivable loan funds for Simon-led hotel, entertainment project
The $312 million project calls for a 170-room Shinola Hotel, a 4,000-seat live performance venue operated by Live Nation, an enclosed parking garage and a skybridge connecting to Gainbridge Fieldhouse.
IBJ Podcast: Pete the Planner on Trump’s potential impact on investors, taxes, inflation and the auto industry
The president-elect is expected to employ tariffs to influence trade, loosen government regulations on companies and try to lower corporate taxes. Pete weighs in on potential winners and losers.
Lucas Oil Products moves headquarters from California to Indy’s Keystone corridor
An affiliate of the automotive lubricant company acquired the two-story building near the Fashion Mall at Keystone last year for $9.5 million.
IBJ Podcast: Inside the plan to extend life expectancy for residents of five Indy neighborhoods
The Indy Health District’s leaders want to find solutions for the issues weighing heaviest on these neighborhoods, including housing, transportation, land use, safety and food deserts.