DECEMBER 4-10, 2017
Three residential projects planned south of bustling Massachusetts Avenue could bring about $25 million of new investment and even more density to the growing area. Scott Olson has details. Also in this week’s issue, Susan Orr examines the central challenge facing car-sharing program BlueIndy: How do you succeed when so many potential customers are unaware of, uninterested in, or even intimidated by what you’re trying to sell? And in A&E Etc., Lou Harry attempts to achieve a peak experience at TopGolf.
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$50M hospital fuels Hendricks health care war
Hendricks Regional Health’s new Brownsburg hospital is only the latest in Indiana’s second-fastest-growing county, where almost non-stop development is pushing demand for health care.
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Esports becoming global sensation
Colleges and businesses, including local entities, are rushing to find ways to capitalize on the exploding phenomenon.
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Lockerbie block poised for $25M in condo, apartment developments
The projects, proposed separately by Litz & Eaton Development LLC and Block 20 Development LLC, would be built on two empty lots and on property where an existing building sits.
Read MoreZionsville stepping up for baseball headquarters
The Boone County town will soon be home to the headquarters for Little League International’s Central Region, one of five U.S. offices.
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BlueIndy car-sharing program striving to be in black by 2020
The BlueIndy car-sharing program is facing a big challenge: How do you succeed when so many potential customers are unaware of, uninterested in, or even intimidated by what you’re trying to sell?
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China is giving Cummins a big boost, but will it last?
The company's revenue from China, including joint ventures, rose 46 percent in the latest quarter.
Read MoreIU Health, Monroe Hospital settle ambulance lawsuit
The settlement ends a two-year quarrel over whether IU Health violated antitrust laws when its ambulances transported most of the county’s 911-response patients to its own hospital.
Read MoreTrain museum revives Polar Bear Express on different set of tracks
The Noblesville-based Indiana Transportation Museum recently lost a court battle that would have allowed it to revive the annual Polar Bear Express from Fishers to Indianapolis. But the museum has found a new route for the holiday excursion.
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CSI UIndy: School to use vacant house for forensic studies lab
In a partnership with the Indianapolis-Marion County Forensic Services Agency, UIndy criminal justice students will be able to comb through mock crime scenes in a realistic setting.
Read MoreIndy not among finalists for next two Major League Soccer franchises
Major League Soccer on Wednesday announced four finalists for the two expansion clubs it is scheduled to add by the end of the year. Indianapolis is not among the four, but MLS said the city could be considered for two other franchises it wants to add in the future.
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Great Places 2020 organizers hope 2018 is transformative year
The effort, launched in late 2014, aims to mix private-sector investments with federal tax money to spark residential and commercial activity in five targeted Indianapolis neighborhoods.
Read MoreDuke paying special dividend after $2.8B divestiture
The special payout will cost the company more than $302 million.
Read MoreCook Group starting expansion project
Medical-device maker Cook Group expects to start work this month on an expansion project as it takes over the former General Electric refrigerator factory in Bloomington. Cook spokeswoman Marsha Lovejoy said her company should soon complete its purchase of the factory, which shut down last year. Cook announced in September it would buy the 70-acre […]
Read MorePlainfield industrial park adding 500,000 square feet
Construction is under way on two buildings totaling 500,000 square feet in the Metro Air Business Park in Plainfield and should be completed next spring.
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EDITORIAL: Downtown worth extra investment
While we support creating an EID and applaud Downtown Indy’s championing of the effort, we understand the reluctance of some property owners to support it until they get a clearer explanation of how the money would be used.
Read MoreMAURER: Catching up with a hoops legend
George McGinnis finally gets a long overdue call from national Hall of Fame.
Read MoreVIEWPOINT: When government abdicates responsibility
Consumers Union is only one of the numerous consumer organizations opposed to repealing net neutrality. These organizations warn that, without net neutrality, internet service providers will raise prices and—even more troubling—give preferential treatment to favored sites and apps.
Read MoreGUEVARA & KETZENBERGER: Boost economic development from within
Economic development requires strategic investments in people, networks and non-traditional collaborations to bring about great innovation, entrepreneurship and sustained, competitive growth.
Read MoreBOHANON & CUROTT: Examining economics of Macy’s annual parade
National defense is a public good that must be provided by the government. Yet the holiday season offers ample examples of public goods that need not be.
Read MoreCOAN: Six end-of-year moves investors should consider
The end of 2017 is fast approaching, and it is a great time to do some financial housekeeping.
Read MoreTax credit means poor pay no income taxes
I enjoyed reading the article “No enthusiasm for cuts among those not taxed” by Cecil Bohanon and Nick Curott in the Indianapolis Business Journal [Nov. 20]. An additional note that I have never heard mentioned on the topic is the impact of refundable earned income tax credits. I don’t think most people are aware that many low-income individuals […]
Read MoreLETTER: Allow Sunday, cold beer sales
It’s time for Indiana to come into the 21st century and eliminate the ban on Sunday alcohol sales and include cold beer sales in convenience and grocery stores.
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Familiar faces return to Greek dining mainstay
The owners of the Fountain Square institution are back to handling daily operations, after turning management over to an outside company in September.
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Business leader, philanthropist Andre Lacy dies at 78
Andre B. Lacy was known for his prolific work on corporate boards and as an active leader of several influential civic organizations. But he is likely to be best remembered for his recent philanthropy, which included a $25 million gift to Butler University’s college of business.
Read MoreCold Storage planning $29M expansion in central Indiana
New Jersey-based U.S. Cold Storage plans to add 100,000 square feet to its existing 200,000-square-foot refrigerated warehouse and logistic-services facility.
Read MoreSouthern Indiana lawmaker named new House minority leader
Rep. Terry Goodin of Austin bested Rep. Phil GiaQuinta of Fort Wayne during a vote Monday by House Democrats.
Read MoreCentral Indiana home sales, prices soar as inventories shrink
Area home sales have risen on a year-over-year basis in 21 of the last 24 months.
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