Holdfolio purchases second apartment complex
Holdfolio paid $1.4 million to purchase the 50-unit Terrace Park Apartments at 2314 Main St.
IBJ Staff
Articles
Local apartment developer makes Inc.’s fast-growing list
The Garrett Cos. posted revenue in 2016 of $43 million, a more-than-2,000-percent increase from the previous year, helping the developer rise from 623rd in 2016 to 210th this year.
Regional effort holds promise
It’s been sort of fun watching communities across the country—including Indianapolis—get fired up about the idea of landing what Amazon Inc. is calling HQ2, essentially a second North American headquarters for its burgeoning operations. The company sent most major metros into a tizzy with its open call for proposals to host the tech and retail […]
Veolia North America closing Indy office in consolidation effort
Veolia North America, a utility giant that operated water and wastewater operations in Indianapolis from 2002 to 2010, is closing a local office that employs about 90 people.
Finish Line stock jumps on takeover speculation
Stock in Finish Line Inc. rose 6.5 percent Wednesday after an analyst at Susquehanna Financial said he believes a buyout of the Indianapolis-based retailer is likely.
Longtime historic preservation leader Williamson dies at 82
J. Reid Williamson Jr., who served as president of Historic Landmarks Foundation of Indiana from 1973 to 2005, is remembered as “a giant in the field of historic preservation.”
Children’s Museum unveils ‘sports legends’ for new outdoor exhibit
Several famous basketball players, a pair of renowned golf course architects, a hockey superstar and the man regarded as the greatest race car driver of all time are among those selected to be honored in the Children’s Museum of Indianapolis’ new $38.5 million sports exhibit.
Third member of Fishers investment firm sentenced for fraud
The third and final member of a Fishers-based capital investment firm called the Dane Group has been sentenced to three years in the Indiana Department of Correction.
Longtime Upland Brewing Co. president hopping away
Doug Dayhoff, who is credited with transforming Upland Brewing Co. from a small brewpub into a regional brewery, is stepping down as president and part-owner.
Records
Fundraising CHIP to benefit from Celebration on Sept.19 at Marriott Indianapolis Downtown from 4:30-6:30 p.m. with keynote speaker, Lloyd Pendleton, senior advisor to the executive director of the U.S. Interagency Council on Homelessness in Washington, D.C.,2006. Contact Chris Sherwood at csherwood@chipindy.org or (317) 472-7638. Tickets also available online. Happy Hollow to benefit from Bowling for Campers on Sept. 30, […]
PROXY CORNER: First Internet Bancorp
First Internet Bancorp is based in Fishers and has $2.2 billion in assets. It operates as the bank holding company for First Internet Bank of Indiana.
Years of effort yield payoff with non-stop Paris flight
With the addition of the Paris route, the airport has added 37 nonstop flights since 2014. Each small success has begat a larger one—with perhaps the first big breakthrough coming when United Airlines established nonstop service between Indianapolis and San Francisco in 2014.
Indianapolis lands first nonstop transatlantic flights
The state’s first-ever nonstop transatlantic air service—provided by Delta Air Lines from Indianapolis International Airport—will begin in the spring, airport officials announced Wednesday afternoon. The state is kicking in up to $5.5 million to land the flights.
Colts make 10-year deal to hold training camp at Grand Park
Word of the training camp’s move to Westfield leaked out Tuesday night, but further details were added by the NFL team and city officials at a Wednesday morning press conference at the Grand Park Events Center.
Colts to move training camp to Westfield’s Grand Park
Team officials and officials from Westfield have scheduled a morning press conference to reveal “a major partnership that will make Westfield a destination for sports fans beyond youth sports,” the team said.
Indy Eleven’s league again faces uncertain future
The North American Soccer League—the professional soccer league that includes the Indy Eleven—has lost its sanctioning as a Division 2 league for the 2018 season, the NASL announced Tuesday.
Media firms team up to collect goods for hard-hit Harvey areas
Companies across central Indiana are banding together to publicize a drive for food, beverages and other essential items needed by those displaced by the hurricane and tropical storm.
PROXY CORNER: Shoe Carnival Inc.
Evansville-based Shoe Carnival Inc. operates 418 shoe stores in 35 states and Puerto Rico, in addition to selling through its website, shoecarnival.com.
EDITORIAL: Zoning rules have their place
The flooding in Houston was exacerbated by decades of decisions—or lack of decisions—about zoning. Let’s not let something similar happen here.
Praxair helping fund workforce program
Connecticut-based Praxair Inc. and the Indiana Economic Development Corp. are funding a workforce-development program in conjunction with Ivy Tech Community College.