Residential real estate developer Onyx+East hires new chief executive
Kelli Lawrence had been a principal partner at Indianapolis-based multifamily development firm Cityscape Residential for the past six years.
IBJ Staff
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Pacers PR chief Rockwood leaving for Butler University position
Former Butler University basketball player Brent Rockwood is set to become vice president and chief of staff at his alma mater, the university said Wednesday.
IU School of Medicine lands $36M grant to develop Alzheimer’s disease treatments
The grant, to be paid over five years, will help the IU School of Medicine launch a drug discovery center as part of a strategic partnership with the Purdue Institute for Drug Discovery at Purdue University.
Local software startup lands $10M in seed funding, moves HQ to California
Edify Labs Inc., a contact-center software firm founded in Carmel a year ago, announced Tuesday that it has raised $10 million in seed funding in one of the largest funding rounds of its type this year.
IU-developed software detects bot-driven Twitter traffic
BotSlayer—a free software tool that is open to the public—scans social media looking for evidence that what appears to be grassroots political activity is actually being generated automated accounts.
Elevate Ventures launches ‘pre-accelerator’
Elevate Origins will offer online classes and on-site gatherings to help entrepreneurs prepare to seek investments or participate in pitch competitions.
Indy-based AI firm raises $700,000
The round was led by Johnson City, Tennessee-based The Angel Roundtable and included participation from Elevate Ventures and four other investors, who were all involved in previous rounds.
Bottleworks signs two more retail tenants
Good Neighbor, an upscale apparel store, and Pumkinfish, a gift shop that focuses on products made by Indiana artisans, will be a part of the first phase of the $300 million project.
Ambrose is scrapping $1.4B Waterside plan at former GM stamping plant
The development company told IBJ in a statement that it plans to reposition its business to focus on e-commerce and industrial development and away from mixed-use and office projects, including Waterside.
Courtney Cole, one half of Hare Chevrolet’s ‘Sisters of Savings,’ dies after cancer battle
Cole and sister Monica Peck took over the business in 2008 from their parents, just as the Great Recession was gathering steam. They more than doubled their sales after the “Sisters of Savings” radio ad campaign began.
Indiana’s unemployment rate drops to 3.3 percent
Private sector employment in Indiana slipped by 2,100 in August over the previous month but is up more than 23,000 over the year, the state said.
Area existing-home sales fall for eighth time in past nine months
On a year-to-date basis, closed sales are down 1.5% in the 16-county central Indiana area, to 23,631.
Local trade show producer acquires two Cincinnati events
Local trade show producer Renfro Productions & Management Inc. has expanded its reach into Ohio by acquiring two longtime outdoor-sports trade shows in Cincinnati.
Honda spending $4.2M, adding 34 jobs to produce hybrid CR-V in Greensburg
The CR-V Hybrid will be introduced in early 2020 and will be the company’s first electrified sport-utility vehicle in the United States. It is part of Honda’s larger plan to apply its two-motor, hybrid-electric system to all of its core U.S. models in the coming years.
Medical consulting startup opens downtown office, plans 21 jobs
The company, founded last year, offers legal medical consulting and medical product consulting to law firms, life sciences companies, and health and wellness businesses.
Water-management software firm 120WaterAudit lands $7M in funding
Zionsville-based 120WaterAudit plans to use the funds to improve its digital water-program-management platform and expand sales and marketing.
USA Diving moving HQ from Indianapolis to Colorado Springs
USA Diving has been losing money in recent years. The U.S. Olympic & Paralympic Committee in February threatened to decertify the organization if it did not make changes.
Colts roll out new concessions menu for 2019 home season
Indianapolis Colts hospitality vendor Centerplate announced Thursday that it has added several food items that aren’t typically found at sporting events, plus some that feel right at home. It also revised the beverage menu with new beer offerings.
Motorcycle racing returning to Indianapolis Motor Speedway after a five-year absence
The last time motorcycles competed at IMS was in August 2015, when the Red Bull Indianapolis Grand Prix ended an eight-year run at the track’s road course.
Call-center operator to open Midwest hub, hire 350 in Fishers
Sitel Group, one of the world’s largest call-center management companies, said it plans to spend $4 million to open a Midwest customer service hub in Fishers.