Hobart reaches agreement with Amazon for next-gen data center
Mayor Josh Huddlestun said the project will create thousands of construction jobs for local workers and “close to a thousand” long-term jobs.
Economic Development
-
Former Indy Chamber chief to join Indy Eleven as president
In addition to his responsibilities with the team, the new hire will serve as senior vice president for Keystone Group and as strategic adviser to owner Ersal Ozdemir.
Read More -
Shelbyville to add concert amphitheater as cultural amenity
City leaders in Shelbyville say the planned $14 million amphitheater is expected to boost economic development.
Read More -
IU LAB announces accelerator partnerships with Gener8tor, Plug and Play
In addition, IU LAB announced that its accelerator programs will now be called IU Health Incubator at IU LAB, thanks to a $4.5 million, three-year sponsorship deal with IU Health.
Read More -
Cadillac F1 team plans to employ 300 people at new HQ in Fishers
The $200 million, 400,000-square-foot Cadillac F1 facility is under construction near Indianapolis Metropolitan Airport.
Read More
Articles
City’s roster of cultural districts spikes from seven to 19
The move nearly triples the number of highlighted areas and recasts perceptions of what areas are worthy of recommending to visitors.
Tensions rise as hundreds crowd Decatur Township data center meeting
Attendees voiced fears that the project would worsen existing problems, ranging from deteriorating roads to strained water and power infrastructure.
Broad Ripple stakeholders pursue plan to revitalize neighborhood
New nonprofit Friends of Broad Ripple Village hopes to end a stagnant commercial era for the neighborhood.
Indiana lawmakers’ nuclear energy push pays off earlier than expected
Energy startup First American Nuclear plans to spend $4 billion and create 5,000 jobs in Indiana in the coming decade as it pursues building a nuclear plant powered by small modular reactors.
Nuclear energy startup to establish HQ, manufacturing operations in Indiana
Indiana Gov. Mike Braun said in a news release that the move will bring 5,000 high-paying jobs to Indiana.
New Indiana task force aims to boost state’s role in U.S. drone development
The new “Indiana Initiative for Drone Dominance Task Force” will coordinate work across government, universities and private industry.
Examiner recommends city deny east-side Wawa request
Joe Calderon, a Barnes & Thornburg attorney representing Wawa, told reporters that he is unsure whether Wawa will appeal.
Use of nondisclosure agreements criticized amid data center surge
The NDAs public officials are signing early in the development process are a growing source of friction between tech giants and Indiana residents.
UPDATE: Henry County commission tables data center discussion—for now
The Shelbyville-based developer previously attempted a data center project in Hancock County, but withdrew that proposal earlier this year after receiving significant community pushback.
Former Hogsett aide’s secret relationship calls into question high-profile deals
Recent media reports raise questions about deals brokered by Thomas Cook, Mayor Hogsett’s former chief of staff, and the city’s former top economic development official, with whom Cook was allegedly in a secret romantic relationship.
Indiana-based Fiber Global planning $29.4M plant, 100 jobs in Boone County
Fiber Global Inc.’s flagship product, Forged Fiber Board, is manufactured from reclaimed corrugated cardboard and bio-based resin.
Carmel’s $55M natatorium draws international competition
The Oct. 10-12 World Aquatics Swimming World Cup will bring 450 swimmers, including Olympians and world-record holders, to Carmel. The event will be broadcast on NBC and Peacock in the United States and in 12 international markets.
Some Indiana Democrats call for further investigation into IEDC, affiliated entities
Rep. Ed Delaney, D-Indianapolis, called the 127-page forensic report “a good start.” But he said it left out important information.
IEDC approves $10M in federal funding to launch Indianapolis venture studio
The Indiana Economic Development Corp. approved $10 million in federal funding for the planned OneHealth Venture Studio, which will operate on Elanco Animal Health’s new Indianapolis campus.
Downtown advocacy group rebrands, releases report findings
About 66% of respondents to the newly-named Downtown Indy Alliance’s annual survey said downtown is better than it was five years ago.
Hoosier farmers celebrate Taiwan’s pledge to buy $6B in U.S. corn and soybeans
With Indiana Gov. Mike Braun and Lt. Gov. Micah Beckwith on hand, leaders of Indiana’s corn and soybean lobbies signed letters of intent with officials from Taiwan on Thursday.
Aer Lingus to add extra weekly seasonal flight to Indy-to-Ireland route
The nonstop route between Indianapolis International Airport and Dublin Airport is on pace to exceed more than 20,000 total passengers by the end of September.
‘Shark Tank’ star: US falling behind in global race for AI dominance
Kevin O’Leary, a regular on the ABC show “Shark Tank” known as “Mr. Wonderful,” took the stage Wednesday for a fireside chat on Day 1 of the Rally innovation conference.
Applied Research Institute promotes Kossack to CEO
The institute declined to provide a reason for the departure of David Roberts, who had led the organization since January 2023.