Mayor Greg Ballards are overblown, according to an analysis by the City-County Council. The city could face shortfalls in 2018 through 2026 ranging from less than $1 million to $10 million.
The odds the Indianapolis City-County Council will approve plans for a new criminal justice center this year are tanking fast.
The operator of the Indiana Toll Road, which paid $3.8 billion for a 75-year operating lease, won approval Tuesday of a schedule paving the way to exit bankruptcy court protection in just more than a month.
Mayor Greg Ballard will recommend that a proposed criminal justice complex be located on the former GM stamping plant on the western side of downtown—not the airport property that ranked highest in a market study.
Marion County criminal-justice complex project could rival Indianapolis airport terminal in cost, entail public-private financing deal.
Indianapolis will rely more on public-private partnerships to hammer out long-term goals for neighborhoods, after laying off half its long-range planning staff.
City development officials were outraged last year to learn that the Indy Land Bank allowed investors to circumvent a public bidding process for real estate by working through a not-for-profit entity. Yet they continued to approve Land Bank transactions with not-for-profits.
Deron Kintner has stepped up to fund a string of high-profile real estate projects at a time when private-sector financing is scarce.
The agreement calls for longtime salt supplier Cargill Inc. to give Indianapolis 125 tons of salt and five pickup trucks equipped with snow plows and salt spreaders.
State Farm Insurance will pay $1.25 million over the next three years to sponsor the Hoosier Helper program.
Chamber Chairman John Neighbours said he "wouldn't rule out" combining the economic development groups.
A look at some major legislation considered this year by the Indiana General Assembly.
As Eli Lilly and Co. outsources work and sheds unnecessary properties, it is making moves with surplus real estate that could establish the strongest physical connection between Lilly and downtown since the company was founded at Pearl and Meridian streets 135 years ago.