Developer submits incentive request for $200M project at Lafayette Square
The city on Wednesday confirmed it has received an incentive application from Sojos Capital LLC for tax-increment financing but declined to provide additional details.
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IU School of Medicine lands record $217M in NIH funding
Four of the five research studies that received the most National Institutes of Health funding at the school were for Alzheimer’s disease research, one of the school’s top research priorities.
Vast portfolio of Indy-area commercial buildings sells for $98M
A pair of Southern California firms bought the properties—which total just over 1.1 million square feet—in a deal with Indianapolis-based Mann Properties LP that quietly closed in late 2021.
Six new tenants set for Garage Food Hall with Cubans, empanadas, juices and more
Three of the upcoming dining options are owned by restaurateurs who already have locations in The Garage, part of the $300 million Bottleworks development on Mass Ave.
IBJ Podcast: Columnist Mickey Kim on surviving a volatile stock market
“When things get rocky, we want to protect ourselves,” Kim tells host Mason King. “We are thinking: Don’t just sit there, do something. And I will tell you: Doing something is the wrong thing to do.”
Unusual retail enterprises set up shop in Indianapolis
Stores based on the concepts of selfie culture, miniature skateboards and intravenous nutrient therapy have either opened recently or are on the way.
Lawmakers consider offering remote workers $15K to move here
One piece of an extensive piece of legislation to restructure the incentive toolkit of the Indiana Economic Development Corp. would create a statewide remote-worker grant program.
State commerce chief wants to draw more high-paying jobs
IBJ asked Secretary of Commerce Brad Chambers to explain how the Indiana Economic Development Corp. will implement his themes of Environment, Economy of the Future, Entrepreneurship, Energy and External Engagement.
City seeks new uses for old jail buildings downtown
Indianapolis hopes to spur development with a request for development proposals for historic buildings at 752 E. Market St. and 730 E. Washington St.
Lilly to invest $1B in new manufacturing plant, create 600 jobs in North Carolina
Lilly said it selected Concord, North Carolina, because of the manufacturing technology experience of the local labor force; its proximity to universities with strong science, technology, engineering and math programs; and its access to major transportation infrastructure.
With COVID hospitalizations easing, IU Health plans to resume some elective surgeries
The Indianapolis-based health care system said Thursday afternoon that it has a backlog of thousands of elective surgeries that were postponed due to the pandemic.
1205 Distillery plans Lebanon location, increased production
The tasting room and production site near the Boone County Courthouse will become third 1205 Distillery location, joining sites in Fletcher Place and Westfield.
Michigan AG seeks to investigate Eli Lilly for high insulin prices
Indianapolis-based Eli Lilly and Co., one of three primary U.S. insulin manufacturers, said it was “deeply disappointed by the false accusations and inaccurate claims” made by the attorney general.
Indiana lawmakers advance bill targeting K-12 curriculum
One proposal, which was approved by the House on Wednesday, would require classroom materials to be posted online and vetted by parent review committees, and restrict teaching about racism and politics.
Iowa-based grocery chain Hy-Vee plans 150,000-square-foot store in Zionsville
Company announces it is finalizing plans to secure 26 acres of undeveloped land along Whitestown Parkway.
Torchy’s Tacos planning to open Fishers location in March
Torchy’s, which launched as a food trailer in Austin in 2006, opened its first Indiana restaurant last April in Jeffersonville.
Kittle to develop $54M workforce-housing project in fast-growing Whitestown
To help support blue-collar workers, Meadows on Main will be income-restricted and serve individuals and families generally making 40% to 70% of the area’s median income.
Central Indiana homebuilders see busiest year since 2005
Eight of the nine counties in the Indianapolis area saw a year-over-year increase in single-family building permit filings in 2021.
IBJ Podcast: Tom Griswold isn’t ready to pass the torch on ‘The Bob & Tom Show’
In a wide-ranging conversation with IBJ reporter Dave Lindquist, Tom Griswold of “The Bob & Tom Show” talks about working with his sons (one on the air and one off), recovering from heart surgery and the future of the iconic radio program.
Criminal case against former Celadon execs headed for court
A four-week fraud trial is scheduled to begin Feb. 22 for Celadon’s former president and chief operating officer, Eric Meek, 41, and its former chief financial officer, Bobby Peavler, 42.