NOV. 29-DEC. 5, 2024

The city of Indianapolis expects the $32 million Housing Hub—a low-barrier homeless shelter—to open in 2027. In the meantime, advocates for the homeless are debating whether the shelter will make a significant difference without permanent housing options to go along with it. Taylor Wooten has the story. Also in this week's issue, Dave Lindquist interviews Ted Gelov, the owner of Carmel-based Heartland Food Products Group, who is turning to IndyCar to build the brand of Java House, a cold brew coffee product that debuted in 2018. And Susan Orr explains why it's good to be a banker these days.

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GeniPhys builds momentum with wound care technology

November 29, 2024 | John Russell

After 10 long years, the company that has developed a collagen biomaterial to help heal tissue is readying itself for its next big steps: regulatory approval and commercial launch.

Rebounding banks see tailwinds ahead

November 29, 2024 | Susan Orr

After a tough 2023, most publicly traded banks in the Hoosier state have seen at least a partial rebound in their stock prices this year.

Planned low-barrier homeless shelter raises hopes and concerns

November 29, 2024 | Taylor Wooten

The city is preparing to break ground in the next few months, but some housing-first advocates say the shelter doesn’t further the housing-first goal because it won’t include permanent-housing options.

Carmel company elevates profile through IndyCar and coffee shops

November 29, 2024 | Dave Lindquist

Ted Gelov, the owner of Carmel-based Heartland Food Products Group, is turning to IndyCar to build the brand of Java House, a cold brew coffee product that debuted in 2018.

Q&A: Allied Solutions CEO worked his way up over 35 years

November 29, 2024 | Daniel Bradley

Thirty-five years ago, following a career as a cryptologist in the U.S. Air Force and a stint running his own business, Pete Hilger joined the company his mother, Melissa Eldredge, founded in 1978.

Derek Schultz: IU football fans finally get to live in the moment

November 29, 2024 | Derek Schultz

If you had posed any of the current playoff scenarios to anyone back in August, much less a die-hard IU football fan, they would’ve laughed you out of the room.

Made in Indiana: Bourbon and whiskey by Moon Drops Distillery LLC

November 29, 2024 |

Company history: Founded in 2019 by Mark Pressley and Mark Taylor, Moon Drops is one of the state’s newest distilleries. It barreled its first bourbon in September 2021, going to market with its first products two months later. The company’s Lemon Shake-Up flavor, which debuted in May 2022, sold 422 cases in its first six […]

UPDATE: Meta’s planned $800M investment in Lebanon could lead to $4.8B, mayor says

November 26, 2024 | Mickey Shuey

The Lebanon City Council on Monday night approved the creation of a tax-increment financing district and performance-based incentives to try to secure a deal with the parent of Facebook and Instagram.

Indianapolis Department of Public Works director to depart in December

November 22, 2024 | Taylor Wooten

Brandon Herget spent almost two years as director of the Indianapolis Department of Public Works, the city’s largest department by budget and second largest in terms of workforce.

Who’s on Braun’s transition councils? Mostly businesspeople and lawyers

November 22, 2024 | Cate Charron

Of the 147 people Braun chose to serve on his 12 transition councils, one in three are private-sector business leaders and two in three have not previously worked in state government, an IBJ analysis found.

New software-industry survey shows signs of optimism amid tech slump

November 22, 2024 | Susan Orr

The 2024 SaaS Benchmarks report, released this week by Indianapolis venture studio High Alpha, offers some reasons for optimism in the software-as-a-service sector amidst the ongoing tech slump.

Office building owners finally see payoff from millions in upgrades

November 29, 2024 | Mickey Shuey

Experts say some improvements—particularly those focused on wellness—help soften the blow for employees returning to their cubicles after growing acclimated to working from home.

Editorial: Problems at housing agency demand quick action to correct

November 29, 2024 |

Figuring out whom to hold responsible for the debacle might be the hardest part of all.

Lesley Weidenbener: IBJ expands, renames health care awards

November 29, 2024 | Lesley Weidenbener

We hope this encourages more companies and organizations to nominate people who are providing exceptional service to patients.

Cliff Chapman: Creating local carbon credits delivers local benefits

November 29, 2024 | Cliff Chapman

Wooded areas in and around cities are dwarfed by ecosystems like the Amazon rainforest, but these urban forests nonetheless provide relief to our planet and nearby communities. They also provide opportunities for carbon credits.

Kerry Prather: Liberal arts, artificial intelligence thrive together

November 29, 2024 | Kerry Prather

Every day in our classrooms, AI and other digital tools are leveraged to enhance student learning.

Peter Dunn: Should you sell your current home or rent it out?

November 29, 2024 | Peter Dunn

Whether it was one of the major mechanicals going out, a frozen pipe, or simply a renter getting behind on rent, my brain could no longer handle the drama.