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ROOB: How to keep maturing millennials in Marion County

February 3, 2016

Millennials are getting older, pairing off, even having a first then a second child, and discovering what their parents and grandparents discovered: a single-family home in a safe neighborhood with strong schools is where they wish to raise their children.

Designer presents final plans for Westfield’s $25M urban park

January 8, 2016

After years of being particular about the project, Grand Junction Task Force members seem pleased with the final designs for the park, which include areas for concerts, play, dining and more.

2015 TOP STORIES: Retail star Ikea to open Fishers outpost

December 23, 2015

The Swedish home furnishings store—which won’t open for nearly two years—will be built on 35 acres along USA Parkway in the Exit Five Corporate Park, near the East 116th Street and Interstate 69 interchange.

2015 TOP STORIES: Rolls-Royce launches $600 million Indy upgrade

December 23, 2015

The updates will include a wide-scale modernization of Rolls’ Tibbs Avenue jet-engine plant.

Ironworks’ $20.1M hotel project eyes tax break, sidewalk to Fashion Mall area

December 1, 2015

The developer wants help to offset costs of the 120-room hotel, to be built next to Ironworks at 86th Street and Keystone Avenue. The project would include a sidewalk along 86th Street linking the hotel to the Keystone at the Crossing area.

Apartment developer plans $37M addition on downtown canal

December 1, 2015

The developer of the 9 on Canal Apartments project has disclosed plans for a $37 million second phase that would add 194 apartment units and more than 15,000 square feet of retail space along downtown's Central Canal.

Rezoning for $17M north-side senior facility moves forward

November 18, 2015

The Metropolitan Development Commission voted 6-2 in favor of Stonecrest Senior Living’s request to rezone 4.8 acres of wooded wetlands at the southeast corner of 86th and North Meridian streets.

Fishers will waive more than $1.6M in fees for Ikea

November 12, 2015

The economic development agreement between the city and the Swedish home furnishing company requires the city to cover the costs for road, park, bridge, permitting, development and sewer impact fees. The total savings for Ikea is estimated to be $1.66 million.

Dura Products to invest nearly $3M in Noblesville facility

November 11, 2015

Dura Products will construct a 15,000-square-foot building and furnish it with new logistical, IT and manufacturing equipment. The capital investment is expected to be $1.8 million and new equipment is expected to cost $1.15 million.

New 296,000-square-foot IKEA won’t cause traffic congestion, officials say

November 10, 2015

Shoppers won’t typically be traveling to the $40 million store during rush hour, said Fishers Mayor Scott Fadness. Still, the city will move forward with road improvements already planned for the area.

From humble start, developer expands to 30 hotels

November 5, 2015

Since arriving in Indianapolis in 1989—to buy a Days Inn on the city’s south side—Bharat Patel has grown his portfolio to nearly 30 properties stretching from California to New Jersey.

Aluminum extrusion plant plans $8.5M expansion

November 3, 2015

Alexandria Extrusion MidAmerica LLC is planning an expansion at the aging Indianapolis plant it bought in 2012, helping it create 30 jobs and retain 60 workers.

Warehousing firm plans $11.7M expansion near downtown

November 2, 2015

Merchandise Warehouse Co. Inc. is planning an expansion and renovation of its warehouse facilities just south of downtown, allowing it to add 65 employees over the next five years.

UPDATE: Eli Lilly to build $70M R&D building in Indianapolis

November 2, 2015

The 130,000-square-foot building will be designed to encourage collaboration among scientists across different disciplines, which the company said is crucial to fostering innovation.

Carmel increases tax incentive threshold

October 21, 2015

The Carmel City Council updated its guidelines for approving economic development incentives for businesses Monday night and increased the average employee salary threshold from $45,000 to $90,000.

Logistics firm planning $14M south-side distribution center

October 20, 2015

Two local subsidiaries of Miami-based Venture Logistics LLC want to build the 400,000-square-foot facility on a 46-acre site at West Hanna Avenue and Division Street, near South Harding Street.

Noblesville approves incentives for $35M hotel development

October 14, 2015

A seven- to eight-story hotel and 20,000-square-foot conference center are part of the proposed mixed-use development at exit 210 just off of Interstate 69 in Noblesville.

Embassy Suites, restaurants part of $35M Noblesville project

October 13, 2015

A seven- to eight-story hotel and 20,000-square-foot conference center are in the works for a $35 million mixed-use development just off exit 210 of Interstate 69 in Noblesville.

Safety label company plans $2.1M headquarters in Westfield

October 12, 2015

DuraMark Technologies Inc. hopes to hire 18 more employees to work in a new 18,000-square-foot office and production facility just south of 169th Street and west of U.S. 31.

Rolls-Royce $600M investment took two years to hammer out

October 5, 2015

Company executives first broached the subject with state officials during a trade mission to the United Kingdom to take in the Farnborough International Airshow.

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