Glick partners on $30M downtown apartment development
The lead developer on a long-delayed proposal to redevelop the former Bank One Operations Center has landed a powerhouse partner: apartment developer Gene B. Glick Co.
The lead developer on a long-delayed proposal to redevelop the former Bank One Operations Center has landed a powerhouse partner: apartment developer Gene B. Glick Co.
The real story is the work by council members and council consultants in renegotiating the financial risks from a worst-case-scenario framework.
Event-planning powerhouse VMS Inc. plans to invest more than $1.5 million to expand its Indianapolis life sciences marketing operation and create as many as 102 jobs over the next four years, state officials said Friday morning.
Hearthside Food Solutions says it will invest $3.8 million to expand its operations and hire new workers. The company bakes snack foods for such brands as Keebler, Nabisco and Kraft.
Indianapolis logistics firm Backhaul Direct LLC plans to invest $1.7 million to grow its downtown operation and add nearly 325 jobs by 2015 as demand for its distribution services grows.
Indianapolis logistics firm Backhaul Direct LLC will invest $1.7 million to grow its downtown operation, adding nearly 325 jobs over the next four years. State officials announced the expansion plans Thursday morning.
Indianapolis technology firm MMY Consulting Inc. will spent $700,000 to expand its local operations, economic development officials said early Wednesday, nearly doubling its staff over the next four years.
Thus far, the saddest bill proposed in the General Assembly allows Hoosier local governments to seek bankruptcy and management by a state-appointed agent. This bill is a back-door confession that the state’s 30-year war on local governments has succeeded.
Company will purchase 23 acres and have Duke Realty Corp. build a 225,000-square-foot industrial facility in Lebanon Business Park. The move should be completed by December.
Heartland Payment Systems said Tuesday it will spend more than $6.2 million to expand its operations in southern Indiana and hire up to 140 more workers by next summer.
The city should not approve another hotel development until it is clear the hotel operator will not pursue the same low-wage path of those who came before it.
Izod IndyCar Series team owner will invest $3.3 million and create up to 30 jobs. Ganassi plans to begin hiring employees immediately to prepare for the start of the 2011 season.
Chrysler Group LLC said Tuesday it plans to invest an additional $85 million in its Kokomo transmission plant. The money is in addition to the recently announced $1.2 billion investment in other facilities in the north-central Indiana city.
Fishers-based Stonegate Mortgage Corp. plans to spend about $3 million to expand operations, creating up to 300 jobs by 2015.
Stonegate Mortgage Corp. plans to move next spring from its current location near 106th Street and Allisonville Road to a 29,000-square-foot office near 106th Street and State Road 37.
General Motors is considering $230 million in upgrades to its truck assembly plant near Fort Wayne.
The BlueLock chief financial officer is a finalist in the private companies (revenue $100 million or less) category.
Northwind Electronics LLC will invest $954,000 to buy, renovate and equip a former General Motors factory in Anderson—creating as many as 100 jobs in the next two years, state economic development officials said Tuesday afternoon.
Upstart hybrid vehicle maker plans to locate tech center in Rochester Hills, Mich. About 200 jobs and an $11 million investment were at stake.
DLZ Indiana closed in September on the century-old building at 157 E. Maryland St. and plans to spend nearly $2.3 million renovating it.