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.
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.
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.
A board set up to review Mayor Greg Ballard’s criminal justice complex proposal is scheduled to vote April 8, and the five members will be asked to digest loads of information in a two-week span.
The odds the Indianapolis City-County Council will approve plans for a new criminal justice center this year are tanking fast.
Three teams competing to partner with Indianapolis on a half-billion-dollar criminal justice complex shaped the city’s yet-to-be released specifications in closed-door meetings.
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.
The Greater Indianapolis Progress Committee on Wednesday announced the selection of Molly Deuberry as its new executive director.
New approaches to privatization have forced officials in Indiana and Illinois to rethink their funding plans for the 47-mile Illiana Expressway.
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.
The city's big-spending redevelopment commission, which helped fund some of Carmel's most ambitious projects, now is facing a tight budget, a staff exodus and brow-raising audit.
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.
In the quarter ended June 30, the city’s share of revenue from parking meters totaled $498,273 compared with $108,265 in the same time frame of 2010, a 360-percent increase.
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.