City cracking down on noncompliant tax breaks
The city of Indianapolis is seeking to overturn property tax breaks for more than 20 companies that continued to apply for abatement even though they were unable to meet job commitments.
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Housing agency buying its building for $2.1M
The City-County Council’s Metropolitan Development Commission is set to hear a proposal Monday evening to allow IHA to purchase its headquarters building at 1919 N. Meridian St.
Mayoral foe: Utilities sale money should fund ‘human capital’
Democratic mayoral candidate Melina Kennedy unveiled a proposal Friday to set aside $150 million in proceeds from the sale of the city’s water and sewer utilities to fund early education, crime prevention and job training.
City poised to rebrand, revamp Georgia Street
Community and business leaders are considering whether to change the name of a three-block portion of Georgia Street as part of a $12 million streetscape overhaul.
City seeking long-term operator of Eagle Creek course
Bids are due by July 29 for an eight-year contract to manage the golf club. The city intends to sue the former operator in an attempt to recover more than $200,000 after he defaulted on a $3.5 million loan.
City seeks to close south-side hotel on nuisance charges
The owners of the Traveler’s Inn on Bluff Road face public nuisance charges and are accused of operating without a proper business license, according to a lawsuit filed by the city on Monday.
City exploring Mass Ave redevelopment options
Property that houses Indianapolis Fire Department facilities on North New Jersey Street, bordering Massachusetts Avenue, could be sold to private developers. In turn, city police and fire services could be better connected.
City taps downtown TIF funds for bridge repairs
The city is bidding work to repair concrete and add a green roof to the Meridian Street Bridge adjacent to downtown Union Station.
EDITORIAL: City should share more details on garage deal
The city’s decision to entice a developer to build a parking garage in Broad Ripple is entirely appropriate—we just wish there were more transparency about the deal that will involve more than $6 million of city money.
Shrinking revenue puts Ballard in hot seat
A drop in local income-tax revenue could put Indianapolis Mayor Greg Ballard between a familiar political rock and hard place as he faces re-election. Next year’s budgets must be approved in October, when Ballard’s race with Democratic challenger Melina Kennedy will be in the home stretch.
City mum on economics of $15M parking garage
City officials and the developer of a proposed parking garage in Broad Ripple have refused to share financial projections for the project, describing the documents as a “trade secret” exempt from public disclosure.
Rejected bidder cries foul over demolition of Keystone Towers
Titan Wrecking & Environmental bid about $255,000 less than the winning proposal to demolish Keystone Towers, but was rejected because of missing paperwork. The company owner says the city could have overlooked the omissions to save taxpayers money.
Commission: Turn dying GM plant into vibrant neighborhood
A 10-member commission told city leaders to turn the defunct 115-acre General Motors metal stamping plant site into a hip, funky neighborhood with an eye-catching bridge across the White River for easy access to downtown.
Startup takes on abandoned homes in Indianapolis
Indianapolis is in the early stages of expanding the practice of land banks, which allow government agencies and not-for-profits to take over tax-foreclosed properties and put them back into productive use,. Land banks have shown positive results in states such as Michigan and Ohio.
Bush Stadium fixup fans tax tensions
The city plans to tap a taxing district downtown to help pay for the Bush Stadium renovation, rekindling concern among some elected officials and taxing experts that the Mayor’s Office is using the massive district to fund whatever special city needs crop up.
City’s Rebuild Indy money to revamp railroad overpasses
The city of Indianapolis released bids soliciting contractors to repaint, clean and add lighting underneath the overpasses at Meridian, Pennsylvania and Illinois streets and College and Capitol avenues downtown, and on 10th Street east of the Monon Trail.
Towing companies sue city over contracts
The plaintiffs claim the city violated the bid process by awarding contracts to companies that didn’t meet the requirements. They’re asking for an injunction to prevent the contracts from taking effect.
Bids opened for Keystone Towers demolition
Quotes came in way below city’s $2 million budget.
City’s ambitious tech-corridor plan no sure thing
Indianapolis leaders are hoping a new plan launched by Mayor Greg Ballard’s administration to transform the area northwest of downtown into a high-tech job and life-sciences research magnet will turn the long-discussed idea into a reality.
City leaders look to 16th Street as future tech hub
Officials on Thursday shared details of a long-term plan to redevelop an industrial stretch northwest of downtown with the goal of attracting hundreds of residents and dozens of high-tech companies to the area.