Sportsman’s Warehouse snares first Indianapolis-area location
The 112-store chain sells gear for hunting, fishing, boating, camping and other outdoor activities. The Indy-area store will be the its second Indiana location.
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IndyCar inks new NBC Sports deal with 13 events set for flagship channel
Jon Miller, president of NBC Sports programming, said the extension was a three-year deal and that NBC Sports is proud of the growth it’s seen since it acquired the entire IndyCar schedule in 2019.
Incentives for multifamily project approved by council committee
The development, called 1202, would feature 105 units on a 1.1-acre parcel on the near-south side, with at least one-fifth of the units reserved for individuals making up to 80% of the area’s median income.
Developers pitch plans for more than 300 new houses in Fishers
The Fishers City Council reviewed two petitions Monday seeking to rezone a total of 167 acres of farmland to make way for two neighborhoods along Florida Road, between 113th Street and Southeastern Parkway.
Peyton Manning teams up with brother, ESPN for MNF MegaCast
ESPN has finally landed former Indianapolis Colts quarterback Peyton Manning as a “Monday Night Football” commentator. It’s just not in a way anyone expected, and it won’t be for the full season.
NCAA hit hard by pandemic last fiscal year, spent $68M on legal fees
Revenue was down more than 50% over the previous fiscal year, from more than $1.1 billion to just more than $520 million, mostly because the lucrative college basketball tournaments were canceled as the coronavirus hit the United States early in 2020.
Stocks skid as virus fears shake markets; Dow falls 2.1%
Indianapolis-based shopping mall owner Simon Property Group was among the companies hit hard Monday, with its stock falling 5.9%, to $117.19 per share.
After uproar over FDA’s handling of Biogen Alzheimer’s drug, Lilly presses on
Even as some drugmakers, including Indianapolis-based Eli Lilly and Co., are pushing to get experimental drugs approved, federal regulators are still dealing with a huge blowback over the controversial way they reviewed a new Alzheimer’s drug by rival Biogen.
Kroger sells north-side plaza for $8.5M but agrees to remain tenant
A firm that specializes in real estate anchored by groceries has closed on the purchase a 104,678-square-foot shopping center dominated by a Kroger supermarket.
Indy Shorts film festival continues growth as standalone event
The Indy Shorts International Film Festival, which gets under way Tuesday, has expanded in size and popularity since its founding as part of the Heartland International Film Festival in 2018.
IBJ Podcast: Pete the Planner answers questions about retirement, college savings, mortgages
Host Mason King and the folks in the Midtown Parents Facebook Group in Indianapolis have a lot of questions about money—specifically how they should be saving it for retirement and college.
Subdivisions push back against home sales to rental firms
At least 200 homeowner groups in central Indiana have modified their subdivision covenants in the past five years to limit rentals—a number that is based on the work of just one law firm.
State to spend $13M to prep possible merger of blind, deaf school sites
State officials say no final decisions about a combined campus have been reached, but they are forging ahead for now with the prep work, including the search for as many as 120 acres to house the schools.
NCAA’s Emmert: It is time to decentralize college sports
NCAA President Mark Emmert said the NCAA’s more than 1,100 member schools should consider a less homogenous approach to the way sports are governed and re-examine the current three-division structure, which includes 355 Division I colleges.
Colts, 3 other NFL teams remain under 50% vaccinated, source says
Pittsburgh, Miami, Carolina and Denver have the highest vaccination rates and are among 10 teams that have achieved at least 85%.
Marion County rolls out new COVID-19 weapon
The county health department is using a brightly colored, 40-foot-long bus as a mobile unit for downtown workers and visitors to get shots, to help boost the county’s 41.2% vaccination level.
Hoosiers getting state tax refund after surprising revenue surplus
Overall tax collections came in about 14% higher than a year ago, giving Indiana a surplus of almost $3.9 billion and triggering a tax refund.
Cummins launches water-access program with $8M commitment
The new program, Cummins Water Works, will focus on improving access to safe water in the U.S., Mexico, Brazil, India and South Africa.
Parks department plans to buy Broad Ripple community center after construction
Indy Parks said Tuesday that it expects to spend more than $20 million to acquire the 40,000-square-foot facility and avoid shelling out nearly $1 million per year as part of a long-term lease agreement.
Judge grants The GOAT another hearing to determine if Carmel bar can stay in business
A Hamilton County Superior Court Judge has ordered the Carmel Board of Zoning Appeals to vacate its denial of The Greatest of All Tavern’s special-use variance and conduct another hearing after he found the board violated Open Door requirements.