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.
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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.
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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.
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Each dollar spent on Indianapolis Parks and Recreation generated about $3.13 in the local economy in 2019, with an economic impact of $106.8 million that year, researchers at IU’s Public Policy Institute estimated.
Read MoreSupporters say the rule will provide more transparency when city councilors vote on projects that benefit campaign donors. Critics say the change will benefit councilors who can bankroll their own campaigns.
The project was given a final, and unanimous, approval by the city’s Metropolitan Development Commission—the last step necessary to allow the city to request the funds from the Indianapolis Bond Bank.
Indianapolis Mayor Joe Hogsett appointed Angie Clark, chief financial officer of Indy Parks, as interim director starting Aug. 7.
Marion County is dropping almost all remaining pandemic safety measures, officials said Tuesday, including rules regarding capacity limits, social distancing and masks. Federal restrictions will still apply.
The Westfield City Council voted Monday to override the mayor’s veto of its new campaign finance disclosure rule before also voting to withdraw a proposal to terminate its State Road 32 agreement with the state.
Indianapolis’ goal of fully eliminating pandemic-related restrictions by Independence Day isn’t set in stone, local officials said Tuesday.
A struggling Indianapolis City Market is offering a rent-deferment program that could help merchants who’ve been hit hard by the pandemic and road reconstruction. The move comes as the market is looking at its own finances, with plans to ask the city for a bailout.
Under the partnership, the airport and city are expected to “work cooperatively” to find new potential uses for the 4.9-acre property, which aviation officials have requested to close following a decline in the facility’s use in recent years.
The Noblesville City Council approved the bond anticipation note Tuesday to set the stage for a much larger future bond dedicated to the planned Pleasant Street expansion project.
Carmel, Fishers and Noblesville are among roughly 50 cities nationwide that are now projected to receive less than half of the federal COVID-19 relief money they originally expected.
City officials are again refining expectations of developers who ask for help in financing projects, with the goal of increasing the affordable-housing stock and reducing the city’s long-term debt.
Daechang, which makes seating components for Kia, Hyundai and Subaru, established its North American headquarters in Indianapolis in 2017. The Franklin facility would be its second local site.
The grants will help fund wellness projects supporting communities that were disproportionately impacted by the pandemic
The Capital Improvement Board of Marion County is working to balance its budget and rebuild its reserves after a year in which it fell $40 million into the red.
Seven months before the bulk of the campus opens southeast of downtown, neighborhood residents are waiting to see if the promise of accompanying redevelopment comes to pass.
In addition to more money for IMPD, the proposal includes spending on domestic violence reduction, mental health capabilities and juvenile intervention.
Bilingual volunteers will staff the nine-language hotline starting Saturday, as health disparities by race and ethnicity linger in local case counts and inoculation rates.
The 117-year-old caboose has occupied a tiny parcel of city-owned land adjacent to the trail for a half-century. But Indy Parks & Recreation and the Department of Metropolitan Development want it gone.
An almost 30-page policy agenda and a nearly 20-page action plan tackles the city’s diminishing stock of quality affordable rental housing.
The city identified 605 residential lane miles across Indianapolis that are in particularly poor condition. The city is allocating enough money to fix only about 10% of those miles, starting as soon as next spring.
