Australian company buys bankrupt Toll Road vendor
IFM Investors announced Wednesday it has agreed to pay $5.725 billion to acquire ITR Concession Co., which currently holds the Toll Road lease.
IFM Investors announced Wednesday it has agreed to pay $5.725 billion to acquire ITR Concession Co., which currently holds the Toll Road lease.
Former Indy Land Bank director Reggie Walton wasn't the initial target of an undercover FBI agent who came to town in 2012. But Walton, 33, managed to talk himself into a federal indictment that could put him in prison for 20 years.
Authorities in two northwest Indiana counties are scheduled to decide over the next several weeks whether to proceed with a proposal to lease the Indiana Toll Road after the Australian-Spanish consortium that leased it went bankrupt.
Indiana House members voted 55-41 Monday to support eliminating the boards that set construction wages for each state or local project. Thirteen Republicans joined 28 Democrats in opposing the bill.
Speculation is already boiling that Indianapolis would be a front-runner to host either the Republican or Democratic national convention. But Visit Indy officials think the city might be too busy to host either event in 2020.
Mike Pence and other pols will be scrutinized this weekend at the National Governors Association meeting for signs they want to be part of the 2016 conversation.
Relatively flush after settling a years-old lawsuit, the Carmel Redevelopment Commission on Friday OK’d a $463,500 contract to replace the deteriorating concrete coping around the so-called reflecting pool at Carmel City Center.
Local Republicans are hoping history repeats itself with their new candidate to replace Mayor Greg Ballard. Chuck Brewer, a decorated Iraq War veteran and the owner of two downtown restaurants, announced his candidacy Monday.
In the 19 months since Dan Andersen took over Indy Lights—he has a long-term lease with an option to buy—he has grown the series from 12 races to 16; doubled the field size with a goal of 25 cars by next year; and inked critical sponsorships.
In her first State of Judiciary speech, Indiana Chief Justice Loretta Rush on Wednesday said the judiciary is “currently working on the development of a business court model focused on complex commercial litigation.
Indiana Sports Corp. officials who attended the first College Football Playoff Championship Game said they’d love to host the game at Lucas Oil Stadium under the right conditions.
The leaders of the Indiana House and Senate aren't going along with a proposal to change state law so that fellow Republican Gov. Mike Pence could run both for re-election and the White House in 2016.
Former U.S. Attorney Joe Hogsett went from ruling out a mayoral run to front-runner in the course of eight months.
WMB Heartland Justice Partners, which beat out two other finalists, will require the city to pay $46.8 million a year, $3.2 million less than the ceiling the city set.
Avanir Pharmaceuticals Inc. has reached a The Aliso Viejo, California-based company, which makes a drug to control symptoms of Alzheimer’s disease, this week agreed to sell itself to Japan’s Otsuka Holdings Co. for $3.2 billion, or $17 a share. That’s 4 percent lower than analysts’ average projection for where the stock would have traded in […]
A [Nov. 17] column [by Christina Hale and Sharon Negele] urging legislation on competitive procurement fell well short of the mark on several fronts.
The St. Joseph County Commissioners on Thursday rejected joining Lake and LaPorte counties in a multi-county consortium trying to lease the Indiana Toll Road.
The Carmel Redevelopment Commission will wait until next year to sell five acres of property along the Monon Greenway in Carmel’s Midtown area, voting Wednesday to reject both bids submitted in response to an October request for proposals.
Elkhart County and LaGrange County aren’t ready to join a proposed seven-county effort to lease the Indiana Toll Road.
In addition to hosting the men’s basketball Final Four at Lucas Oil Stadium in 2021, Indianapolis will host first-round and second-round games at Bankers Life Fieldhouse in 2017.