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AES to spend $1.1B as it converts huge Petersburg plant from coal to natural gas, adds solar and battery projects

August 8, 2024 | John Russell

The investment would make AES Indiana the first utility in Indiana to abandon the use of coal as a fuel source, if state regulators agree, the company said.

IHG seeking to build Atwell Suites hotel in Saxony area of Fishers

August 8, 2024 | Daniel Bradley

United Kingdom-based IHG Hotels & Resorts is seeking to build a 113-room Atwell Suites hotel in Fishers, but hurdles remain as the project goes through the city’s review process.

Historic commission signals support for $312M downtown hotel and entertainment venue project

August 8, 2024 | Mickey Shuey

Members of the Indianapolis Historic Preservation Commission on Wednesday mostly praised plans to redevelop the site of a century-old railroad servicing building across the street from downtown’s Gainbridge Fieldhouse.

Broad Ripple business owners beckon former patrons to return

August 7, 2024 | Taylor Wooten

Owners of Broad Ripple bars and other businesses have a message for people who are avoiding the area: The lengthy reconstruction project on Broad Ripple Avenue is over and new public safety measures are in place. Please come back.

New report shows soccer stadium taxing district could generate $2.1B over 32 years

August 6, 2024 | Mickey Shuey and Taylor Wooten

Of the $2.1 billion in taxes expected to be generated through the district from 2025 to 2056, about $1.7 billion would come from state income and sales and use taxes, the report says.

Developer tearing down six-story building by Glendale to build retail, office project

August 6, 2024 | Mickey Shuey

Demolition already has begun on the 56-year-old office structure, which was purchased out of foreclosure for $1.59 million. The developer envisions restaurant, retail and medical office tenants that will vibe with continued redevelopment along the Keystone corridor.

Sold-out Gen Con attendance eclipses 71,000 as convention eyes further growth

August 6, 2024 | Mickey Shuey

Gen Con, a tabletop gaming convention that has been held in Indianapolis since 2003, featured more than 540 exhibitors and 24,000 distinct events during its run at the Indiana Convention Center, Lucas Oil Stadium and a handful of downtown hotels from Aug. 1 to 4.

Govs. Holcomb, Pence, Daniels gather to celebrate I-69 completion

August 6, 2024 | Susan Orr and Cate Charron

Some 200 people joined Gov. Eric Holcomb and his predecessors, Mike Pence and Mitch Daniels, to celebrate the opening of the I-465 interchange at I-69, marking the essential completion of a 16-year construction project linking Evansville and Indianapolis.

Interstate 69 from Indianapolis to Evansville set to open to traffic

August 5, 2024 | Susan Orr

On Tuesday, the last part of the 150-mile project—an interchange linking I-69 and I-465—is scheduled to open following a celebratory on-site event to mark the occasion.

Lilly Endowment approves more than $300M in grants to 13 Indiana colleges

August 2, 2024 | John Russell

The five-year implementation grants range from $12.1 million to $32 million each, with DePauw University in Greencastle landing the largest grant.

Push for microchips could reshape Indiana’s economy

August 2, 2024 | Cate Charron

Indiana’s economic development conversations are becoming increasingly centered on a high-tech manufacturing industry in which few current Hoosier workers have experience: semiconductors.

Wild Air project in Zionsville will be developer’s largest yet

August 2, 2024 | Daniel Bradley

Construction is set to begin this summer on a 260-acre development in Zionsville that will bring nearly 700 new homes to a once-rural area of the Boone County town.

Stock market on midday pace for worst session since 2022

August 2, 2024 | Associated Press

Worries are rising the Federal Reserve might have kept its main interest rate at a two-decade high for too long.

Chipmaker Intel, eyed for billions in U.S. grants, set to fire 15,000 workers

August 2, 2024 | The Washington Post

The layoffs are a troubling sign for the Biden administration’s multibillion-dollar plan to rebuild the U.S. chip manufacturing industry.

North of 96th roundup: Wally’s to break ground on expanded store in Whitestown

August 1, 2024 | Daniel Bradley

Multiple retailers, restaurants and other businesses recently opened, closed or began planning new locations in the north suburbs of Indianapolis.

Demolition of downtown’s Jail I set to begin in October

July 30, 2024 | Mickey Shuey

A request for proposals from developers for the 2-acre site is expected to be issued in 2025.

Swimming in stadiums becomes the norm as sport sets up in rugby arena for Paris Olympics

July 26, 2024 | Associated Press

Not only did the U.S. Olympic trials at Lucas Oil Stadium in Indianapolis set attendance records, it was a meet that appeared to grow the sport beyond its hard-core fan base.

State AGs ramp up scrutiny of alleged price-fixing in rental housing

July 26, 2024 | Robbie Sequeira, Indiana Capital Chronicle

In the past two years, more than 30 lawsuits have been filed in federal and state courts alleging that companies such as RealPage and Yardi are equipping corporate landlords with software algorithms that allow competitors to collude on rental housing prices.

INDOT to launch camera speed-enforcement pilot for highway construction zones

July 25, 2024 | Leslie Bonilla Muñiz, Indiana Capital Chronicle

The agency will kick its pilot off Aug. 14 in Hancock County’s Interstate 70 construction zone and plans to add other sites to the program “over time,” it said.

Developers plan about 150 single-family houses and town houses in Westfield

July 25, 2024 | Daniel Bradley

City Council members heard plans for the 44-acre Finley Creek Estates and the 11-acre Westfield Yard developments this week.

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