New legislation would repeal language included in the 2023 state budget that gave the city of Indianapolis the authority to create a special Mile Square taxing district to pay for downtown enhancements and a low-barrier homeless shelter.
Matt Mindrum is a month into his new role and recently spoke with IBJ about his vision for the region’s growth, downtown vitality and his new insights into youth apprenticeships.
It’s unclear if lawmakers are open to rolling back the measure, which was slipped into the 2023 state budget without public input. However, the push for a change has a powerful ally in former Indiana House Speaker Brian Bosma.
The 19-5 vote, which followed party lines, creates an economic enhancement district—or EED—bound by North, East, South and West streets—the Mile Square—that would see increases to property taxes within those boundaries.
Opinions are mixed on a temporary pop-up park that has closed the southwestern quadrant of Monument Circle to traffic for the past four months.
The leader of civic organization Downtown Indy Inc. said Thursday that she is bullish on the future of the city’s core—and the not-for-profit’s role in moving downtown forward.
A new state law allows the council to create an economic enhancement district board that could impose a fee on property owners in the Mile Square.
The group has used Placer.ai, an artificial-intelligence-based software system that partners with a wide range of mobile apps companies to measure movement using anonymous phone-tracking software.
Kenzie Academy, launched in 2017, stopped enrolling new students on Tuesday and has eliminated the jobs of more than 100 employees.
We’re reimagining how activations and events can play a critical role in breathing new life into our downtown—and July has put this strategy in the spotlight.
With at least $9.5 billion in development projects in the downtown pipeline over the next decade, construction industry leaders are under pressure to find enough qualified workers to ensure the work gets off the ground.
The Monument Circle quadrant outside of the Emmis Corp. headquarters and South Bend Chocolate Co. will serve as a pedestrian-only experience in the heart of downtown Indianapolis.
The hospital system confirmed Monday that it priced the bonds at $726 million on June 6 and expects to close on the offering July 6. The bonds will help finance IU Health’s new downtown hospital.
The spot near Monument Circle has been vacant since September 2020. Indiana Members Credit Union expects to open a branch office there this summer.
In a letter to customers, PNC said it plans to close the branch in mid-August while leaving its other downtown branch open.
The 18-month initiative is using federal funds to employ six full-time homeless-outreach specialists who will be led by a community-outreach coordinator.
Under the proposal, the revenue could only be used in the Mile Square for services that are now provided by the not-for-profit Downtown Indy Inc., such as cleanliness initiatives, homelessness outreach and providing “safety ambassadors.”
Experts in the field say the downtown heliport is just the kind of property other cities will be trying to create as advanced aviation technology matures.
The Hogsett administration told IBJ it now plans to conduct an analysis to determine the benefits and challenges of the 4.9-acre site.
In downtown Indianapolis, where train lines hug the eastern and southern boundaries of the city’s Mile Square, a hazardous spill evacuation could affect more than 100,000 people—including office workers, residents, business owners and visitors, depending on the time of day.
