Public-private partnership launching venue to test, develop 5G technologies
Indiana is positioning itself to be the epicenter for the latest generation of wireless technology, which experts say will be revolutionary.
Public-Private Partnership
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Cash-strapped Indy Parks seeks creative financing for community center
A deal to build a new family center at Broad Ripple Park could be just the first of several privately funded projects considered by the park system.
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IBJ Podcast: Funding the CIB and the Pacers’ 25-year, $800 million deal
Podcast host Mason King talks with IBJ reporters Lindsey Erdody and Mickey Shuey about the legislation the General Assembly passed to help fund a 25-year, $800 million deal with the Indiana Pacers.
UPDATE: CIB approves Pacers deal to fund $360M renovation, expansion of Bankers Life Fieldhouse
The agreement between city officials and the NBA team provides nearly $800 million in tax revenue to the Pacers over the life of the 25-year deal.
IBJ Podcast: Can Indy win a Major League Soccer franchise?
A bill passed by the Indiana Senate would require the Indy Eleven to become an MLS franchise within three years to unlock tax money to build a stadium dedicated to soccer. But is that realistic? IBJ's Anthony Schoettle says it's an uphill climb — but by no means out of the question. He talks to […]
Kite to build 2 hotels at Pan Am Plaza; city to spend $120M on attached meeting space
The Capital Improvement Board has selected a Kite Realty Group plan from among three proposals in its effort to expand the city’s convention capacity. The CIB is expected to vote Friday to move the project forward.
Records reveal Hogsett office’s efforts to stiff-arm press on HQ2 bid
Local and national reporters clamored for interviews with Mayor Joe Hogsett about Indianapolis’ chances, but city officials largely kept quiet while forwarding media to the Indy Chamber and influencing messaging behind the scenes.
Hogsett unveils plan to get more Indy students to enroll in college—and finish
Indianapolis Mayor Joe Hogsett on Tuesday plan to roll out an initiative called Indy Achieves, which will support students across Indianapolis’ 11 school districts.
Council panel advances $2.9M in financing for new Duke Realty headquarters
An Indianapolis City-County Council panel on Monday night unanimously advanced proposals that would help Duke Realty Corp. move its headquarters from Carmel to a new $28 million office building it would build in Indianapolis.
Council votes to prohibit new jail from being privatized
The Indianapolis City-County Council on Monday night approved an ordinance that restricts the city’s new jail and criminal justice center from being run by a private operator once it eventually opens.
City to steer $500K into grocery development in low-income areas
The Hogsett administration plans to use federal grant funding to stimulate the development of one or more grocery stores and help eliminate food deserts.
Holcomb calls to use $500M fund from Toll Road lease to fund entrepreneurship
Gov.-elect Eric Holcomb, who announced his legislative agenda Thursday, has roughly the same idea as Gov. Mike Pence when it comes to investing in early-stage Indiana companies, but wants to pay for the plan through a different fund.
New state program spending $22M to boost job training
Several central Indiana groups already have received millions of dollars from Skill UP to give students and workers the training they need to fill jobs that are in high demand.
Savvy strategy helped Pence get full Regional Cities funding
IEDC’s decision to leave all three winning regions in limbo about funding meant many more cheerleaders when the issue went to the General Assembly.
Hogsett suspends Ballard pact with Covanta for recycling plant
New Mayor Joe Hogsett plans to take 90 days to "reassess" the $45 million deal inked by the Ballard administration, which would route the city's trash into a new facility where recyclables would be plucked out.
Lawmakers hope for momentum on program to help avoid layoffs
Nearly 30 states have “work-share” programs that pay partial unemployment benefits when employers need to reduce workers’ hours. The idea has gone nowhere with Indiana lawmakers, but the next legislative session could be different.
Woodruff Place neighborhood OKs tax to repair historic features
Residents in the neighborhood have created an Economic Improvement District—a tactic that the trendier neighborhoods of Fountain Square and Mass Ave have not been able to accomplish.
Auditor sues city, BlueIndy over car-sharing contract
Marion County Auditor Julie Voorhies has sued the city of Indianapolis over its contract with BlueIndy, saying the city illegally paid $6 million to the electric car-sharing service. Mayor’s spokeswoman calls lawsuit a “stunt.”
Westfield considering six offers to construct hotel at Grand Park
The Westfield City Council has approved rezoning 5.26 acres of city-owned land immediately to the west of the 371,000-square-foot indoor soccer facility to allow for a new hotel or lodging facility. But no specific developer has been picked.
Westfield pays taxes, rent on Grand Park
In an arrangement observers are calling unusual, the city of Westfield has been paying hundreds of thousands of dollars in rent and property taxes for land at Grand Park.
Chamber, neighborhood group endorse justice center
The organizations see the controversial, $1.6 billion project as a catalyst for redevelopment downtown. A City-County Council committee is set to weigh the proposed development deal Tuesday night.