New York firm acquires high-profile Carmel office park
Hamilton Crossing, a high-profile Class A suburban office park with six buildings on 44 acres along U.S. 31 in Carmel, sold for an estimated $70 million.
IBJ Staff
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MD Logistics plans 50-job expansion in Plainfield
The third-party logistics provider said it will invest $3.7 million to upgrade a 173,000-square-foot facility—creating additional pharmaceutical-grade storage capicity that will allow it to service a new contract.
Indy Eleven to make bid for Major League Soccer expansion
Jumping from the North American Soccer League—the second-tier professional soccer league in the United States—to the top league would require the Indy Eleven to pay a franchise expansion fee of at least $150 million and would involve construction of a downtown stadium.
Old Spaghetti Factory building sells for $10 million
A New York firm bought downtown’s Station Place office building at Georgia and Meridian streets for just under the asking price.
Former Indy police chief takes job with local think tank
Troy Riggs earlier this month became a vice president for the Sagamore Institute. He left his job with the Indianapolis Metropolitan Police Department in December, citing the need to make more money.
EDITORIAL: Judicial selection process must be open
We urge Republicans—who control both the House and Senate—to listen to the concerns of Democrats. It would be unwise and unfair to design a system that created an advantage for one party over another.
Donation-app firm Givelify plans 40-job expansion downtown
The company, which has 8,000 U.S. clients and boasts having the world’s most-downloaded mobile-giving app, plans to triple its space in The Majestic Building to 3,000 square feet.
Central Indiana home sales rise for 14th straight month
Closed sales in the 13-county area have risen every month on a year-over-year basis since October 2015.
Music venue The Warehouse in Carmel abruptly closes
The Warehouse—a 150-seat venue in a 60-year-old former machine shop in the Arts & Design District—had three shows scheduled this week. Dozens of national artists played at the music hall over the past 15 months.
Indiana’s unemployment rate slides to 4 percent
Private-sector employment in Indiana grew by almost 23,000 overall in 2016, but fell by 6,000 in December.
Logistics firm plans expansion, 61 new jobs
The 4-year-old firm company could more than triple its employee base by 2020.
Sportswriter Benner named hall-of-famer
Longtime Indianapolis sports journalist Bill Benner is among six Hoosiers to be inducted this year into the Indiana Sportswriters and Sportscasters Association Hall of Fame.
Colts firing GM Grigson after five seasons, report says
General Manager Ryan Grigson went 49-31 as Colts general manager after replacing Bill Polian in 2012, but the team has missed the playoffs the past two seasons.
First Internet Bancorp reports another record quarter
Fishers-based First Internet Bancorp on Thursday said it realized record earnings in the fourth quarter—the 10th time in 11 quarters it has seen rising earnings.
Environmental report finds that toxic emissions are declining
Toxic air emissions from industrial facilities have dropped 26 percent in Marion County over the past decade, but the nation boasted a far larger decline, according to a new report from the U.S. Environmental Protection Agency.
Calumet Specialty hires new CFO
The Indianapolis-based company has tapped D. West Griffin, as 30-year energy industry veteran, as chief financial officer and executive vice president.
Northwestern Indiana man to be consumer counselor
The appointee, Bill Fine, held an Indiana House seat representing northwest Indiana before losing the seat in the November election.
IDEM doles out $1M in recycling grants
Five of the grants are for central Indiana projects—ranging from a curbside recycling program in Shelbyville to an agricultural plastics collection and processing project in Marion County.
Federal court expected to block Anthem-Cigna deal, report says
Anthem Inc. on Thursday said it was extending the termination date for its pending $54 billion merger with Cigna Corp.—a deal that is expected to be blocked by a federal judge, according to a new media report.