Old National scoops up Lafayette Savings Bank for $42M
The purchase of LSB Financial Corp., parent of Lafayette Savings Bank, will add $366 million in assets and five branches to Old National’s portfolio.
IBJ Staff
Articles
Council votes to support $30M Broad Ripple project
Developer Browning Investments Inc. plans to use $5.7 million from the bond issue to help finance the apartment/retail project along the Central Canal.
Online grocer plans 238 jobs in Indianapolis
Peapod Inc., an online grocery-delivery service, is seeking city tax incentives to help it with an expansion that would create 238 jobs by 2018. The jobs would pay about $15 per hour.
PHILANTHROPY
King Park Development Corp., a community development corporation on the near-north side, has hired Steven A. Meyer as executive director. Meyer, who has been assistant administrator of brownfield redevelopment for the city since 2011, joins King Park effective June 16. He replaces longtime leader Janine Betsey, who left in October. Meyer is a 2009 graduate […]
Indianapolis cancels cricket championship
“Deteriorating” communications with the sponsoring organization forced the decision, the city of Indianapolis announced Friday afternoon.
NFP of NOTE: Hawthorne Community Center
Hawthorne Community Center provides or facilitates services and programs that meet the economic, financial, social, educational, recreational and civic needs of the entire Hawthorne community, on the near-west side of Indianapolis.
Shares of Simon spinoff dip in early trading
Simon Property Group has revised its earnings forecast with the Thursday launch of spinoff firm Washington Prime Group.
Washington Prime shares set stage for NYSE debut
Shares of the fledgling, Indy-based firm hovered just under $21 in advance trading on Wednesday morning, providing a window to its official open Thursday on the New York Stock Exchange.
Indianapolis part of new federal STEM initiative
President Barack Obama drew attention to girls’ science and engineering accomplishments Tuesday as he announced a mentoring effort involving Indianapolis to improve and diversify the nation’s technological work force.
Indy Fuel sign coach with team-building experience
The city’s new professional hockey team on Tuesday announced the hiring of Scott Hillman, head coach and director of player operations for the Missouri Mavericks for the past five years.
Shares of Simon Property spinoff to begin trading
Washington Prime Group Inc., listed under the “WPG” ticker symbol, will begin trading Thursday. The new real estate investment trust will own 98 retail properties, including 13 in Indiana.
PROXY CORNER: Stonegate Mortgage Corp.
Indianapolis-based Stonegate Mortgage Corp. originates, acquires, sells, finances and services residential mortgage loans in the United States.
Alexander hotel achieves LEED status
The Alexander Hotel at CityWay in downtown Indianapolis has achieved LEED certification from the U.S. Green Building Council.
Former real estate broker faces felony charges
The Marion County prosecutor’s office said David Garden was charged with corrupt business influence, 11 counts of forgery and 15 counts of theft.
EDITORIAL: Another Indy building block
There’s little glamour in the tedious work of streamlining and rewriting a grossly outdated zoning code.
Ireland and Indiana share low-tax strategy
Richard Bruton, Ireland’s minister for jobs, enterprise and innovation, visited Indianapolis this month to check in with companies that have operations in his country.
NFP of NOTE: Hamilton County Leadership Academy
Hamilton County Leadership Academy educates and inspires leadership to create a positive impact in our communities.