AUG. 4-10, 2023
Central Indiana has no lack of coffee shops, but out-of-state java purveyors believe there’s an unmet appetite for caffeinated beverages in public spaces. Dave Lindquist reports on the latest wave of coffeeshop chains opening stores in the Indy area. Also in this week’s issue, Susan Orr goes behind the scenes of the debut of Rally, a multimillion-dollar business conference intended to bring together entrepreneurs and investors. And Mickey Shuey sheds light on plans to turn the now-vacant John Marshall High School into a neighborhood services hub on the far-east side.
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Out-of-state coffee shops pour into Indy
Time will tell whether Hoosier hospitality is reciprocated to a wave of coffee retailers that built customer bases in other states before setting up shop here.
Read MoreInaugural Rally conference aims to draw innovators
The Aug. 29-31 event at the Indiana Convention Center will have 220 speakers, five pitch competitions offering up to $5 million in total prize money, and hundreds of meetings between entrepreneurs and investors representing multiple industries.
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History museum planned as Carmel’s latest attraction
The Carmel Clay Historical Society broke ground in June on the 10,000-square-foot museum at the southwest corner of First Street SW and Monon Boulevard, along the border between Midtown and the Arts & Design District.
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Momentum builds to turn dormant far-east-side high school into services hub
The Indianapolis Department of Metropolitan Development has started soliciting ideas for what could be done with the site of the former John Marshall High School, which it purchased from Indianapolis Public Schools for $725,000 last month.
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Derek Schultz: A fleeting moment
This latest crumbling relationship with an Indianapolis sports star has become another example of how things in the sports world can seem to be heading in one direction, before turning on a dime and rapidly retreating the opposite way.
Read MoreMade in Indiana: Perfume and other fragrances by Annie Oakley Perfumery & Studio
History: Renee Gabet was a single mother looking for a new career in the early 1970s when she found success selling homemade jewelry at art fairs and Western-themed events. Remembering her love for frequenting the perfume section of Fort Wayne’s Wolf and Dessauer department store as a girl, Gabet developed a cowgirl-themed fragrance—with the help […]
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Developers revise plan for controversial $61M residential project north of Broad Ripple
The owners of Willows Event Center on Spirit Lake are reviving efforts to redevelop the site with apartments and townhouses, almost a year after withdrawing their proposal amid pushback from neighbors.
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Spinal cord research group moving HQ to former Five Seasons club in Carmel
A Las Vegas-based not-for-profit founded by former IndyCar driver Sam Schmidt announced Tuesday that it will spend $21.4 million to purchase, renovate and equip the former Five Seasons Family Sports Club facility, which closed in 2017.
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Marathon Health buys Missouri firm in move that boosts membership by 32%
The acquisition will add about 300,000 members to Indianapolis-based Marathon Health’s network and expand its footprint in 15 states where the two companies do business.
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AES Indiana says state storm outage investigation not warranted
State and not-for-profit utility consumer advocates filed a joint petition on July 11 asking the Indiana Utility Regulatory Commission to investigate the utility’s “practices and procedures for storm outage restoration.”
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Indiana sports wagers begin to dip as neighboring states join the market
Last year, Indiana sports betting peaked at $4.4 billion worth of bets, but Hoosier sports wagers slowed in the first half of 2023 when Ohio joined the fray. For instance, in June, sports betting in Indiana was 13% lower than the $256 million registered in June 2022.
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Editorial: Conner Prairie’s expansion plans deserve Carmel’s support
Anytime there is a reasonable and well-thought-out plan to enhance and promote one of our region’s treasures, we should take full advantage of it.
Read MoreLesley Weidenbener: Tell IBJ how you’re embracing AI at work
Email us at AIsurvey@ibj.com and tell us how your company or you use generative artificial intelligence, like chatbots. What you tell us over the next week will help us shape a survey we’re sending out.
Read MoreCarey Dahncke: Reimagining Indiana’s postsecondary pathways
Too many graduating seniors and employers are in a holding pattern, waiting for opportunities. To create real and lasting change, we must continue to reimagine a system where students and future employers collaborate alongside one another before these students enter the workforce.
Read MoreWilliam Powell: Reclaiming audiences will require creative thinking
Theaters must draw people back by presenting dynamic, highly entertaining performances, or they won’t last in a hyper-competitive marketplace.
Read MoreMark Caswell: How and why to implement a business operating system
A business operating system is a framework for running an entire business—everything from strategic planning to day-to-day operations.
Read MoreJalene Hahn: Here’s how different generations view parents’ financial support
Supporting adult children financially has become a common practice in modern times.
Read MoreCecil Bohanon and John Horowitz: Constitutional reform needs to be taken seriously
Of course, people have different opinions about how hard constitutional change ought to be.
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City, CIB break ground on $800M hotel, convention center expansion
The ceremony follows months of construction work beneath the plaza to stabilize certain structures, like Pan Am Tower, and prepare the site for a three-year buildout.
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Carmel files lawsuit over state law that diverts local income tax funds to Fishers
The complaint says Carmel has lost $16.7 million to Fishers, rather than the estimated $10.2 million, since the original law was enacted. It also estimates Carmel stands to lose more than $39 million through 2026 because of the extension.
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Emmis Corp. to make another attempt to go private
Emmis Corp. CEO Jeff Smulyan says he believes his fourth pitch to take the Indianapolis-based media company private will be successful.
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Jim Irsay announces encore of memorabilia exhibition, concert at Lucas Oil Stadium
The concert and exhibition of pop culture artifacts owned by the Indianapolis Colts owner follows a similar event staged last year before the beginning of the NFL season.
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