Zionsville lands $40M FedEx investment
A Wednesday morning groundbreaking ceremony signaled the start of construction on a new FedEx Ground distribution center in Zionsville—the surest sign yet that the Boone County town really is open for business.
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Carmel panel refuses to back Midtown redevelopment plan
A $100 million proposal to reinvent an old industrial area in downtown Carmel hit a snag Tuesday, when a City Council committee decided not to pursue a state tax credit that could help fund the project.
Westfield’s ‘Grand’ plans extend downtown, too
More than five years in the making, Westfield’s $20 million Grand Junction initiative is moving forward. Mayor Andy Cook said the project already is paying off.
Fishers buys properties, moves dirt to draw developers
Officials have quietly struck deals with more than a half-dozen property owners in the triangle-shaped targeted area west of Lantern Road, east of the railroad tracks and north of 116th Street.
Apartment business good in IU’s hometown
Bloomington’s average apartment rent was $892 last year, up nearly $60 in two years.
Friday fun: It’s beach season in Fishers
Nothing says “Welcome, summer!” quite like hitting the beach on Memorial Day weekend—regardless of Indiana’s ocean-free status.
Homebuilder focuses on ‘pocket’ communities near Carmel attractions
Two Carmel natives operate Old Town Design, which is building small neighborhoods of new Craftsman-style homes in and near downtown Carmel’s old neighborhoods.
$225M Westfield project in works
Developer Steve Henke’s vision for Grand Park Village is grand: a 20-acre lake surrounded by an East Coast-style boardwalk lined with restaurants and shops. He sees a carousel at one end of the lake and a Ferris wheel at the other—with a beach, mini marina and watering hole in between.
FDIC sues executives over Irwin failure
The Federal Deposit Insurance Corp. has filed suit against four former officers of defunct Irwin Financial Corp. banks, alleging they “closed their eyes to known risks” in approving loans that contributed to the banks’ 2009 takeover by regulators.
Interest in Westfield schools’ land not paying off … yet
Westfield Washington Schools likely will hold onto 14 acres of high-profile property at the corner of U.S. 31 and State Road 32—at least until offers for the land improve.
Pittman pitches $90M mixed-use project for Zionsville
One of the highest-profile tracts of undeveloped land in Zionsville could be transformed into a commercial and residential hub if Pittman Partners' 62-acre project gets the town’s blessing.
Scotty’s fishing for prime Hamilton County site
Local restaurateur Scott Wise hasn’t given up on Hamilton County. The Scotty’s Brewhouse founder said this week he has been evaluating potential sites for his growing family of restaurants—including a couple of options in Fishers.
Subaru growing into new Boone County distribution center
Subaru of America plans to invest $18 million to build and equip a regional distribution center in Lebanon, potentially tripling the scope of its Boone County operations.
Proposed requirements could sink Muncie-area wind farm
A central Indiana official says the tough conditions opponents of a planned wind farm are seeking for the project would leave little room for the proposed power-generating wind turbines.
Purdue makes fast progress on tuition freeze
The school is nearly three-fourths of the way to reaching its goal of $40 million in savings or new revenue.
Friday fun: Master gardeners dig annual sale
Dirt has been flying throughout Hamilton County as hundreds of master gardeners prepare for their annual sale. The green thumbs produced more than 12,000 plants to raise money for scholarships and other programs.
River protest set for proposed central Indiana reservoir
Organizer and environmentalist Clarke Kahlo told The Herald Bulletin that the group is trying to build public awareness of the amount of land that would disappear if the reservoir is built.
Greenwood, Whiteland try to spur, shape growth
Two Johnson County communities are determined to capture—and control—the next wave of suburban growth.
Firms ladle trips, car allowances on top of rich pay packages
Senior executives at Indiana's public companies last year received, on average, more in perks than the typical Hoosier earned all year, IBJ found after reviewing Securities and Exchange Commission documents for more than 60 Indiana companies.
Westfield Farmers Market pulls plug on 2013 season
Organizers at the not-for-profit Downtown Westfield Association on Wednesday said the open-air market near City Hall will not operate this year. It had been scheduled for Friday evenings from June to September.