Articles

Local mayors tout plan for Red Line transit route

The mayors of Indianapolis, Carmel, Westfield and Greenwood on Tuesday announced a potential plan and a timetable for The Red Line, a proposed rapid-transit all-electric bus route that would stretch 28 miles from Hamilton County to Johnson County.

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IEDC urging government bets on spec-building

The Indiana Economic Development Corp. is encouraging local governments to help finance speculative industrial buildings, which could land new businesses but could put at risk hundreds of thousands in taxpayer dollars.

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Indianapolis-area home sales take nosedive

Although area sales are up 16 percent through the first 10 months of the year, the trend has slammed into reverse in recent months amid higher mortgage rates and tighter inventories.

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