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.
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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.
Crown Liquors eyeing Fountain Square for large, high-end store
The outpost near the heart of Fountain Square’s business district would be the second-largest of 19 stores in the chain. Two local groups have opposed it, and its hearing for a state liquor permit is set for next month.
New downtown restaurant to pay tribute to Hulman family
The Hulman restaurant is the result of a partnership with the IMS Museum, which holds rights to Tony Hulman’s name and likeness.
Council approves $135M in tax-increment financing bonds for Elanco project
The tax-increment financing bonds will be used to pave the way for Elanco Animal Health Inc. to build its new headquarters on the former General Motors stamping plant property west of downtown.
Furniture retailer L. Fish closing after nearly 70 years in Indianapolis
L. Fish, which has operated a furniture superstore on the east side of Indianapolis for decades, traces its roots to a now-defunct Chicago-based parent company that opened its first store in 1858.
IBJ Podcast: Black drag racing champion Antron Brown on his move into team ownership
A three-time world champion, Brown soon will become one of the few Black team owners ever in the 70-year-old NHRA— and one of the few Black majority team owners in any motorsports series.
City wants building owners to track utility use
A city proposal to require tracking of municipal and commercial energy use could save millions of dollars, reduce emissions by thousands of tons and cut water usage by billions of gallons in less than a decade.
Expanded women’s shelter to offer more beds, more dignity
Wheeler Mission is set to open an expanded center for homeless women and children that will nearly double the space for services, add 160 short- and long-term beds, and enhance programming.
New Riley Children’s Health leader has big job, towering presence
Gil Peri, a 6-foot, 8-1/2-inch, gregarious administrator with an easy laugh, started his job on June 28, after spending about four years as president and chief operating officer at Connecticut Children’s Medical Center.