As new hotel plans emerge, existing operators fret
During the second half of 2014, developers announced that four new hotels would open over the next two to three years—a time the city’s convention schedule is looking light.
Year in Review
Articles
2014 NEWSMAKER: Mario Rodriguez
Mario Rodriguez, the new head of Indianapolis International Airport, has been able to attract additional air service here.
ExactTarget acquisition ushered in changes
About 18 months have passed since enterprise software giant Salesforce.com acquired ExactTarget for $2.5 billion, but a lot has changed in the past 12 months including among senior alums.
Specialty grocers blitz city with new stores
The Indianapolis area’s competitive grocery market is becoming even more crowded with the arrival of additional specialty stores catering to the upscale crowd.
2014 NEWSMAKER: Joe Hogsett
Former U.S. Attorney Joe Hogsett went from ruling out a mayoral run to front-runner in the course of eight months.
Carmel City Center finale heads toward finish line
Pedcor Cos. pulled the trigger on the final phase of construction at the ambitious Carmel City Center redevelopment after city leaders OK’d public funding for a parking garage and other infrastructure.
2014 NEWSMAKER: Deborah Daniels
Deborah Daniels will succeed Michael E. Williams, who had led the Indianapolis law firm for more than two decades.
CBS ends 58-year WISH-TV affiliation
In a stunning move, CBS in August ended its 58-year affiliation with WISH-TV Channel 8, opting instead to partner with WTTV-TV Channel 4.
2014 NEWSMAKERS: Allison Melangton and Ryan Vaughn
After Allison Melangton stepped down as president of the Indiana Sports Corp. to become a Hulman & Co. executive, Ryan Vaughn resigned as Mayor Greg Ballard's chief of staff and succeeded her.
Obamacare brings boost to WellPoint
WellPoint’s stock price rose 53 percent from Sept. 30, 2013—the day before the Obamacare insurance exchanges started up—until Dec. 19, 2014, when the price closed at $127.95.
2014 NEWSMAKER: Zeke Turner
Zeke Turner, CEO of Carmel-based Mainstreet, stepped up expansion after he beat back a legislative push by nursing home companies to place a moratorium on new construction.
IU Health prepares to close at least 1 downtown hospital
IU Health wants to consolidate its University and Methodist hospitals into one downtown location, a plan that would see one or both facilities close or be converted to another use.
Ballard won’t seek third term as mayor
The two-term mayor, who came to office as a dark horse, went against internal pressure and opted not to seek a third term, setting off speculation about which Republican would step forward to challenge former U.S. Attorney Joe Hogsett.
Cummins reveals design for new distribution HQ
The building, which will include a 10-story office tower with 15,000 square feet of retail on the first floor and significant public green space, will be built on four acres where Market Square Arena stood.
Other 2014 news of note: From preschool to microbreweries
Our roundup of highlights from 2014 in Indianapolis business news.