City incentives and a strong apartment market suggest Flaherty & Collins’ proposed $81 million, 28-story downtown apartment tower has a better chance of getting built than two previous attempts to redevelop the former site of Market Square Arena.
City officials will reveal the winner Tuesday morning from six teams that bid on redeveloping the downtown site. All proposed mixed-use projects, but they ranged in size from eight to 52 stories.
The ill-fated Di Rimini apartment project that city officials halted three years ago because of numerous code violations is set to be resurrected by two local businessmen.
The Indianapolis Department of Public Safety could save $8.6 million over the next five years by replacing 1,035 non-patrol vehicles with plug-in electric hybrids, according to an internal review released Tuesday.
More than 100 uniformed police officers will be deployed within weeks on Indianapolis' streets to combat a rise in violent crime, under a plan unveiled by the mayor and other city officials.
The Midwestern city best known for its basketball and auto racing is gearing up for a proper game of cricket — the ball-and-bat sport most Americans know only from British films or by surfing through international sports channels.
The Indianapolis Historic Preservation Commission is proposing to take under its jurisdiction 90 buildings on and near the Circle, giving the city stricter control over signage and other changes to building exteriors.
Dozens of people who were sickened by fumes after a chemical reaction at an Indianapolis public pool a year ago have filed claims against the city, raising the possibility that the accident and ensuing evacuation could cost the city more than $2 million.
Instead of freeing up $6 million in Rebuild Indy funds for new recruits, city officials will soon debut a plan to move 100 officers from desk jobs to patrol, according to the mayor.
A new foundation supporting the Indianapolis Department of Public Safety starts work in July, and its board is stacked with business and political leaders eager to help Director Troy Riggs advance the city’s cash-strapped operation.
The biotech and technology companies could see their Marion County tax abatements reduced or cancelled if officials decide they didn’t fulfill promises on new investment and hiring.
Andrew Seiwert, who twice has served as associate corporation counsel for Indianapolis, will succeed Samantha Karn as she takes a position with the University of Indianapolis.
The new owners of Hostess Brands are seeking a tax abatement to support investment of $10 million in new equipment for a plant on the east side that could employ up to 145 people.
The city of Indianapolis won't try to take back properties that were sold by its Indy Land Bank to suspect not-for-profits or to Naptown Housing Group LLC, in which former land bank director Reggie Walton is alleged to be a silent partner.
The tournament is slated for the new Indianapolis World Sports Park on the far-east side for three years beginning in 2014, the USA Cricket Association said.
The executive director of the Land Bank of Indianapolis anticipates working with the city to issue a request for qualifications aimed at charitable and for-profit entities interested in acquiring properties.
Greenwood Mayor Mark Myers says city officials had tried for months to help with talks with possible investors for Elona Biotechnologies, without any progress.
Wisconsin-based B-Cycle LLC received a contract to spend up to $1.5 million to install its electronic stations and purchase bikes. Any spending beyond the federal funds will be covered by the Indianapolis Cultural Trail Inc.
The city is prepared to award $1.5 million in federal funds to Wisconsin-based B-Cycle LLC, which would provide the service along the 8-mile route downtown.
The USA Cricket Association, a group that Indianapolis Mayor Greg Ballard hopes will bring high-level competition to a new $6 million local sports park, staged zero national tournaments in 2012.
