Indiana Senate doubles funding for small-biz grant program, sends bill back to House
The legislation, authored by Rep. Shane Lindauer, R-Jasper, would provide grants of $10,000 per month, with a maximum award amount of $50,000.
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Prices for existing homes in Indy area balloon in February
The median price for homes sold in the 16-county area in February rose 18.9%, to $223,500, compared with $188,500 in February 2020.
IBJ Podcast: City Market plots its comeback against headwinds
The pandemic has been tough on restaurants almost across the board. And so it’s no wonder that the Indianapolis City Market has lost a third of its vendors in the last year.
Limited capacity at Hinkle Fieldhouse doesn’t dim experience for fans
Even with most of the seats empty, the roar of fans could be heard outside Hinkle Fieldhouse on Friday afternoon as Virginia Tech hit a three-pointer in the final seconds to send the game into overtime.
Battle over where to purchase specialty drugs hits Indiana
Health care practitioners and insurers are fighting over the hefty prices hospitals charge for specialty drugs to treat patients with cancer, vision loss, low white-blood-cell count and other serious diseases.
New leader tries to turn City Market around
Between the pandemic, road construction and downtown safety concerns, the market has been dealing with a heavy load of challenges over the past year, and there’s no consensus on its recovery prospects.
The inside story: How Indianapolis landed the NCAA headquarters
A two-year courtship that pitted Indianapolis against some of the largest U.S. cities culminated in the May 1997 announcement that Indianapolis had snagged the headquarters.
Marsh bankruptcy leaves creditors with losses of $340M
The trustee liquidating the grocery chain this month asked the court to close the case, saying he had wrapped up the process of selling off assets and turning proceeds over to creditors.
NCAA games return spotlight to venerable Hinkle Fieldhouse
“Hoosiers” made Hinkle Fieldhouse famous by Hollywood standards, but in the college basketball world, the home court for Butler University basketball was already a star.
NCAA sets arena limits for March Madness at 22% capacity
Lucas Oil Stadium, which will host the Final Four along with games over the first and second weeks, will hold 6,900 fans on one court and 8,500 on the other. That’s 22% of capacity, which is the largest capacity of any of the six arenas.
Central Indiana homebuilders see biggest February in 17 years
February’s snowstorms failed to put a chill on demand for new homes in central Indiana, the Builders Association of Greater Indianapolis announced Wednesday.
Legislation to extend timeline for Indy Eleven stadium heads to governor
The Indiana House on Thursday voted 83-6 to approve Senate Bill 385, which adds two years to a 2019 bill that had called for a new special tax district—known as a professional sports development area, or PSDA—to be established in Marion County by mid-2022.
From Ethiopia to Indy, Lucas Oil Stadium chef set for Madness
If you picture hotdogs and popcorn when you think about stadium food, meet Chef Shimelis Adem, who’s using local ingredients to create an Indiana-focused menu for NCAA games. On the list: Midwestern Madness Pork Chop Sandwich, Indiana Whiskey Sour Pork Wings and a Half-Pound Bracket Burger.
Indiana could get more vaccine doses soon, allowing for wider eligibility
More vaccine could help Indiana overcome a comparative shortage of doses in recent weeks, which has slowed down efforts to immunize the state, even though more than 400 vaccine sites are open.
The $3B question: How will Indiana spend the next round of federal aid?
Gov. Eric Holcomb’s administration oversaw and directed the spending of the $2.4 billion CARES Act money Indiana received last year, but this time around, it seems more likely that state lawmakers will be involved in spending decisions.
NCAA players push for compensation reform on eve of March Madness
Waiting in Indianapolis for the tournament to start, some college basketball stars on Wednesday tweeted #NotNCAAProperty as a reference to the ongoing fight to earn money for things like sponsorship deals, online endorsement and personal appearances.
Zionsville mayor files suit, seeks to clear up her power to demote department heads
Zionsville Mayor Emily Styron filed a lawsuit Tuesday that should determine whether the town’s council can keep her from demoting the fire department’s chief.
Indiana Grand expansion to create more than 100 jobs
The 25,000-square-foot expansion to the Shelbyville casino will provide space for more slot machines and additional gaming tables, plus upgrade its poker facilities.
Developers present Asherwood plans, say they’ll petition court for covenant relief
A 62-year land covenant tied to the Asherwood estate and surrounding properties in Carmel is creating difficulties for developers of a proposed 40-home luxury neighborhood because it calls for front-yard setbacks of at least 75 feet.
KAR Global invests millions in Israel-based artificial intelligence company
The strategic investment creates a partnership between the two companies that is expected to bring KAR customers a new slate of automated vehicle inspection products.