$40M hotel project planned for historic building on Monument Circle
The redevelopment of the art deco-style building would convert floors four through 14 into hotel rooms, with the first three floors remaining retail and office space.
The redevelopment of the art deco-style building would convert floors four through 14 into hotel rooms, with the first three floors remaining retail and office space.
Kimball plans to occupy 307,000 square feet in the 584,820-square-foot Commerce Center Building 1, which was constructed in 2023 on South Post Road.
J.M. Smucker Co. said it plans to announce next steps when it reports its fourth-quarter earnings next month.
The Swiss pharmaceutical and diagnostics giant said the move will establish the Indianapolis-based Roche Diagnostics site as a hub for manufacturing of its continuous glucose monitoring system.
Researchers agree that education and quality of life are the two best places to invest funds to turn around shrinking communities.
The budget approved last week increases the tax by $2 per pack and imposes similar increases on other tobacco products, including vaping products.
Public health is an area where the state has repeatedly failed to make progress. We believe that’s changing, and we urge lawmakers to give the programs time to take root and produce results.•
The new complex spans two buildings that can separate, grind down and sanitize plastic waste and then shape it into recyclable food-grade containers such as milk jugs or water bottles.
Supply-chain giant GXO Logistics is planning to spend $11.7 million to grow operations at a massive facility where it handles returns for Nike Inc.
The guidance, issued this week, escalates the role that the new efficiency group, known as DOGE, plays in EPA operations.
Potential rollbacks of Biden-era policies that incentivized electric vehicle production and ownership have stirred apprehension among some local economic development officials across the state.
The $17.5 million project, known as Monon 21, is expected to bring townhomes and single-family dwellings to the 3.5-acre site at 2060 Yandes St.
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The company works with teams in NASCAR, IndyCar, IMSA and other racing circuits to create vehicular transports for competition vehicles.
So far, seven national legal disputes have been settled that benefit Indiana, with money coming in each year to support treatment and prevention programs and other efforts in the state.
The state has spent more than $690 million so far establishing the LEAP Research and Innovation District. Outgoing economic leaders say the project is a huge success, but some political leaders are cautious.
The 92-apartment development, which would feature one- to three-bedroom units, would consist of market rate and reduced-income housing, with the latter meant to serve homeless veterans.
The plan is meant to streamline discussions among the city, existing businesses and companies considering Indianapolis for expansion or relocation.
The Lebanon City Council on Monday night approved the creation of a tax-increment financing district and performance-based incentives to try to secure a deal with the parent of Facebook and Instagram.
The proposed battery farm would store electricity during times when there’s excess power on the grid and then discharge the energy back into the grid during times of peak demand.