Governor signs Indy tax district, foreign land ownership bills
Indiana Gov. Eric Holcomb signed three bills Friday including one that shifts the requirements for Indianapolis’ downtown economic enhancement district.
Indiana Gov. Eric Holcomb signed three bills Friday including one that shifts the requirements for Indianapolis’ downtown economic enhancement district.
Urban designers and sports apparel companies are debuting new styles and sneaker designs at pop-up shops across downtown Indianapolis for All-Star Weekend. See what you can get and how much it will cost you.
The biggest shift will be the closure of the southern half of Monument Circle to vehicular traffic.
As an alternative, the House approved a separate measure that would allow the City-County Council to increase the countywide local income tax by .02% to help pay for the operating costs of a homeless shelter and various improvements in the city’s Mile Square.
The majority of people who testified about the bill were against it, arguing that it would undo the work of corporate and civic leaders to boost perceptions of downtown in the aftermath of the pandemic and the 2020 protests for racial justice.
New legislation would repeal language included in the 2023 state budget that gave the city of Indianapolis the authority to create a special Mile Square taxing district to pay for downtown enhancements and a low-barrier homeless shelter.
It’s unclear if lawmakers are open to rolling back the measure, which was slipped into the 2023 state budget without public input. However, the push for a change has a powerful ally in former Indiana House Speaker Brian Bosma.
Opinions are mixed on a temporary pop-up park that has closed the southwestern quadrant of Monument Circle to traffic for the past four months.
The leader of civic organization Downtown Indy Inc. said Thursday that she is bullish on the future of the city’s core—and the not-for-profit’s role in moving downtown forward.
A new state law allows the council to create an economic enhancement district board that could impose a fee on property owners in the Mile Square.
The group has used Placer.ai, an artificial-intelligence-based software system that partners with a wide range of mobile apps companies to measure movement using anonymous phone-tracking software.
We’re reimagining how activations and events can play a critical role in breathing new life into our downtown—and July has put this strategy in the spotlight.
With at least $9.5 billion in development projects in the downtown pipeline over the next decade, construction industry leaders are under pressure to find enough qualified workers to ensure the work gets off the ground.
The Monument Circle quadrant outside of the Emmis Corp. headquarters and South Bend Chocolate Co. will serve as a pedestrian-only experience in the heart of downtown Indianapolis.
The hospital system confirmed Monday that it priced the bonds at $726 million on June 6 and expects to close on the offering July 6. The bonds will help finance IU Health’s new downtown hospital.
The spot near Monument Circle has been vacant since September 2020. Indiana Members Credit Union expects to open a branch office there this summer.
In a letter to customers, PNC said it plans to close the branch in mid-August while leaving its other downtown branch open.
The 18-month initiative is using federal funds to employ six full-time homeless-outreach specialists who will be led by a community-outreach coordinator.
Under the proposal, the revenue could only be used in the Mile Square for services that are now provided by the not-for-profit Downtown Indy Inc., such as cleanliness initiatives, homelessness outreach and providing “safety ambassadors.”
Experts in the field say the downtown heliport is just the kind of property other cities will be trying to create as advanced aviation technology matures.