The city’s decision to entice a developer to build a parking garage in Broad Ripple is entirely appropriate—we just wish there were more transparency about the deal that will involve more than $6 million of city money.
Bolingbrook, Ill.-based ATI Physical Therapy has acquired Advanced Physical Therapy, which has 175 employees and ranks among the city’s largest operators of physical therapy clinics.
Carrier Corp. has spent $32 million to upgrade equipment in Indianapolis and plans to invest another $36.5 million to start a second production line, creating 276 jobs at the plant. The company is seeking a tax abatement to help offset the costs.
CallTime has been Interactive Intelligence’s largest revenue-producing reseller in Australia and New Zealand for the past three years. It has 30 employees and about 50 customers.
The Tyros offers an online training system and other web-based tools for hiring and rating sports officials.
The main entrance is getting a $1 million makeover as the 28-story building prepares to welcome two new restaurant tenants.
The list includes 1,272 organizations in Indianapolis, everything from sports boosters to fraternities to little-known causes.
Chatham Commons, at the northeast corner of East and St. Clair streets, includes walking paths, a pergola, brick benches, plantings and a Tom Otterness sculpture that was part of a public art exhibit here in 2005.
Despite some post-acquisition stumbles, the moral of the story should not be that Hoosier executives need to proceed with greater caution.
Through land protection, stewardship and education, the Central Indiana Land Trust Inc. preserves natural areas, improving air and water quality and enhancing life in our communities for present and future generations.
The Philadelphia-based cable television company notified the state on Wednesday that the 103 jobs in Indianapolis will be eliminated between Aug. 29 and Sept. 11.
In a monthly feature that runs in the first issue of the month, through October, IBJ is identifying influential players in eight different industry categories. This month, our list draws from among the city’s finest legal minds in education, public-sector law, the judicial system and the broad swath of attorneys practicing solo and in firms of all sizes.
Interim CEO Mike McNees, who has led Indianapolis-based USA Track & Field since September, will continue in that capacity through the 2012 Olympics in London, the organization said on Wednesday.
Richmond, Va.-based McCann Realty Partners LLC bought the 166-unit complex with a $9.25 million loan. The sale marks the second time Quail Run has changed ownership in the past two years.
The project includes renovations to the 15-story apartment building in downtown Indianapolis, as well as the construction of two mixed-income buildings containing a total of 74 units at its base.
Ozburn-Hessey Logistics plans to expand its distribution center in the Hendricks County town and create up to 415 new jobs by 2015. Based in Tennessee, OHL is one of the largest third-party logistics providers in the world.
Denney Excavating of Indianapolis has been granted the contract to demolish the vacant Keystone Towers apartment complex with a bid $827,000.
IBJ won seven awards at the Alliance of Area Business Publications’ summer conference June 25 in Providence, R.I.
