A city tax abatement has led Atlanta-based Industrial Developments International to build a 794,608-square-foot speculative building in AmeriPlex and to plan construction of another, 460,000-square-foot building there.
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.
If Indiana’s 2014 election season ends up being a lot quieter than its 2012 bash, it will be due partly to the parties’ allowing their top intraparty battles to play out inside the convention halls, instead of on the airwaves.
Indianapolis is launching a new strategy devoted to cleaning up abandoned industrial sites and sparking development in some of the capital city's most blighted neighborhoods.
The township board in late May gave Trustee Eugene Akers permission to list the property, which has a five-story office building on 1-1/3 acres of land.
The Deep Rock Tunnel is the largest public-works project in the city’s history, and Citizens customers are already paying for the first phase, which cost $444 million.
Two growing Hamilton County communities looking to build their commercial tax base are taking steps to ensure land targeted for development doesn’t end up in the hands of organizations that don’t pay taxes.
AutoReturn is in line for a five-year citywide towing-management deal after getting unanimous approval Wednesday from the Indianapolis Board of Code Enforcement.
Joseph Satterfield says he paid twice for his residence at 624 Congress Ave., but he still doesn’t have his hands on the deed to the house that was held by the Indy Land Bank.
The department has been without a deputy director since 2002, when former Mayor Bart Peterson eliminated the position because of budget reductions, DMD spokesman John Bartholomew said.
John W. Walls served as president of the Indiana Chamber of Commerce from 1977 to 1992 and as senior deputy mayor of Indianapolis under Richard Lugar.
Legislative leaders recently assigned House Bill 1317 to the standing commission, which is also due to tackle such subjects as township assistance, agricultural land valuation and a motorsports commission.
Affordable-housing builders are enthusiastic about the new source of low-cost capital, which is targeted at a large swath of the inner city, excepting downtown.
