CICP exec Gifford heading regional transit task force
At the Central Indiana Corporate Partnership, Gifford will work primarily with the private-sector-led Central Indiana Transit Task Force, the regional mass transit initiative co-founded by CICP.
Economic Development
Articles
Greencastle, North Vernon to get development help
Greencastle and North Vernon will receive $31 million in state assistance with local development plans over the next three years. The cities will invest an additional $9 million in local and private funds.
Indy Partnership makes leadership change official
In a move IBJ reported Feb. 15, Scott Fulford, a member of the organization's business development team, has been picked to lead Indiana Partnership, the group announced Tuesday.
IEDC unveils statewide entrepreneurship initiative
Elevate Ventures could attract an additional $30 million in matching federal and private funding to support entrepreneurs statewide, Indiana Economic Development Corp. officials say.
Unemployment aid requests fall to near 3-year low
Applications for unemployment benefits fell by 20,000, to a seasonally adjusted 368,000, the U.S. Labor Department reported Thursday. Applications are now at their lowest level since May 2008.
Indiana experts weigh in on environmental issues
A panel discussion includes topics ranging from green power initiatives and hybrid cars to landfill policies and environmental regulations.
DeVry wins abatements for nursing school
The Metropolitan Development Commission awarded the tax abatements for the nursing school, set to open in October, despite opposition from the Nora-Northside Community Council and Metropolitan School District of Washington Township.
Tax cut lifts incomes, but spending barely rises
Consumers increased spending 0.2 percent in January, the smallest gain since June, the Commerce Department reported Monday. Personal incomes jumped 1 percent, reflecting the 2 percentage point reduction from the Social Security tax cut.
Ballard says jobs, neighborhoods critical
Creating a climate that allows businesses to thrive and improving Indianapolis’ neighborhoods will be critical to the city’s future success. That was the message Mayor Greg Ballard conveyed Thursday night in his fourth-annual State of the City speech, delivered at the Indianapolis Artsgarden downtown.
City seeks replacement for GM plant
Indianapolis will spend $115,000 on a study to explore redevelopment opportunities for the 102-acre GM Stamping Plant property west of downtown that will close this summer.
Indy Chamber rolls out app
The MyChamberApp works with the usual suspects, such as the iPhone, iPod, Android and Blackberry.
Casket maker plans $16.5M investment, 300 jobs
Indianapolis-based Genesis Casket Co., launched just last year, expects to produce 30,000 caskets in its first full year of operation. The company plans to fill the first 150 jobs by the time the plant opens this summer.
Airport could land $63M annually from land redevelopment
A consultant’s long-term land-use plan approved Friday morning by the Indianapolis Airport Authority recommends expected uses such as cargo and logistics, and offbeat uses such as construction of a solar-energy farm.
Local group heading Down Under for biz opportunities
Develop Indy, Marion County’s local economic development organization, plans to lead a delegation of officials to Australia to attract life sciences-related business opportunities, the group announced Friday morning.
Near-east-side business district gets new tenant—a yoga studio
The budding commercial district, dubbed 10 East Main Street, landed Metta Yoga at 2807 E. 10th St.
IEDC leading jobs mission to India
The Indiana Economic Development Corp. will lead the state’s first jobs mission to India next week to help establish relationships with high-tech companies, the state agency said on Thursday.
Lilly’s master plan for downtown (real estate)
As Eli Lilly and Co. outsources work and sheds unnecessary properties, it is making moves with surplus real estate that could establish the strongest physical connection between Lilly and downtown since the company was founded at Pearl and Meridian streets 135 years ago.
China company bringing 150 jobs to Lafayette
Nanshan America Co. will invest $98.5 million to construct a manufacturing facility and office building, with work slated to begin in the spring. The company will start hiring in the fall.
Indy Partnership may reduce role in job recruitment
A merger among local economic development organizations could further diminish the role Indy Partnership plays in recruiting jobs to the city and region.
Booster groups Indy Partnership, Develop Indy to merge
Local economic development groups Indy Partnership and Develop Indy plan to combine operations to save money and more effectively pitch the city and region to potential job creators.