Articles

Oesterle sells land to Angie’s List, reaping millions

Angie’s List Inc. CEO Bill Oesterle has collected millions of dollars over the years by renting to the company property for its campus along East Washington Street. Now, the landlord and chief executive is pocketing millions more by selling Angie’s the property, at well above its assessed value.

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Development may spawn TIF tug of war

The developer of a $17 million mixed-use project proposed for Broad Ripple is expected to seek a city subsidy—support that at least one City-County councilor believes should be reserved for neighborhoods starved for investment farther south.

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House sends governor IEDC transparency bill

The state House of Representatives sent Gov. Mike Pence a bill Tuesday that requires the Indiana Economic Development Corp. to make job-creation reports transparent to taxpayers and policy makers.

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Celadon, state plan major jobs announcement

Indianapolis-based trucking carrier Celadon Group Inc. and the state are set to make an announcement Tuesday morning “regarding hundreds of new jobs.” A source familiar with the deal said the announcement involves a previously announced driver education center.

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