NCAA overhauls bidding for championships
The NCAA is overhauling its event bidding format, and in June will bid out 500 championship events to be played over the next four years.
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EDITORIAL: Learn right lessons from scandal
Predictably, just days after U.S. Attorney Joe Hogsett’s May 21 announcement that five people had been indicted in an alleged kickback scheme involving Indy Land Bank, the General Assembly announced it would make land-bank regulation the topic of a summer study committee.
Vacant GM stamping plant to be demolished
The 2.1 million-square-foot plant, which sits on 102 acres near downtown, opened in 1930 and employed more than 5,000 at its peak. That number was fewer than 700 when it closed two years ago.
Mortgage firm is fastest-growing private company
Stonegate Mortgage Corp. returns to the top 10 for a second year thanks to geographic expansion—it now does business in more than 30 states, up from 20 at the end of 2011—and a couple of significant transactions.
Landmark NCAA player-likeness case set to get underway
Plaintiffs say the case, which heads to court Thursday, may reduce the $6.4 billion in annual revenue that universities get from athletics by as much as 50 percent.
A&E priorities for June 20-26
Stuck for something to do this weekend? Start with one of Indy’s most popular festivals and consider a concert among the critters.
BidPal, on a roll, doubles space
The world of philanthropy, where shoestring budgets dominate, is nonetheless proving lucrative for BidPal Inc., a 108-employee company led by tech veteran Scott Webber. The company saw revenue rocket from $1.8 million in 2010 to $10.2 million last year, making it the city’s second-fastest-growing private company, according to IBJ’s annual list.
RACE: It’s our turn to build an industrial legacy neighborhood
As the GM plant site is redeveloped, Indianapolis should learn from Cardiff’s mistakes.
Northside office complex might fetch more than $40M
The three buildings near I-465 and North Meridian Street that make up Meridian Corporate Plaza were lost by Lauth Investment Properties LLC in its bankruptcy reorganization.
Firm passed over for Ball State planetarium cries foul
Bowen Technovation President Jeff Bowen says the university unfairly favored his Florida-based competitor to install a sophisticated audio-visual system for its new planetarium, but Ball State maintains there was nothing wrong with its process for awarding the nearly $2 million contract.
City set to unveil Market Square project plans
City officials will reveal the winner Tuesday morning from six teams that bid on redeveloping the downtown site. All proposed mixed-use projects, but they ranged in size from eight to 52 stories.
City expected to tap Flaherty & Collins for former MSA site
The prolific local developer Flaherty & Collins Properties is expected to land a deal with the city to build a residential and commercial skyscraper on part of the former home of Market Square Arena, multiple sources said Monday evening.
Developer F&C’s ‘bold statement’ could finally solve MSA puzzle
City incentives and a strong apartment market suggest Flaherty & Collins’ proposed $81 million, 28-story downtown apartment tower has a better chance of getting built than two previous attempts to redevelop the former site of Market Square Arena.
Proposals for MSA project ranged from $70M to $117M
The city received five proposals to redevelop a portion of the former Market Square Arena site. Here are details of the proposals, including those submitted by developers that weren’t selected.
Specialty grocer on wish list for MSA development
Flaherty & Collins, the developer of the 28-story tower, “would love to have a Whole Foods” or similar grocer as a retail tenant. With one Marsh two blocks away and another under construction nearby, the project begs the question whether the area can support three groceries.
City close to launch of 2018 Super Bowl bid
Allison Melangton, CEO of the city’s 2012 Super Bowl Host Committee and leader of the 2018 Super Bowl Bid Committee, is promising to come up with another attention-grabber to deliver the bid early next May—if the city proceeds with a bid as expected.
Under-the-radar utility-locating firm scores nearly $1B sale
Indianapolis-based United States Infrastructure Corp. just changed hands for the third time in five years—but not because it’s a hot potato nobody wants. Quite the contrary, as the latest sale price—nearly $1 billion—demonstrates.
For sale: Former Shapiro’s building in Carmel
The Carmel City Center building that housed Shapiro’s Delicatessen for more than a decade is for sale following the restaurant’s June closure.
Trust invites bids on GM stamping plant property
The owner of the 102-acre site has selected 12 companies and asked them to submit redevelopment plans. A deal could be announced by the end of the year.
Fishers launches public art plan with downtown mural
The town of Fishers is seeking proposals from Hoosier artists interested in an $8,000 gig creating a mural that will kick off a public art initiative in the suburban community.