Articles

ICVA receives $5.4M gift to promote Indianapolis

The Indianapolis Convention & Visitors Association said Thursday that it has received a $5.4 million gift to help market the
city’s tourism and convention industries. The grant comes from a foundation headed by the developer of the Marriott Place
hotel complex under construction downtown.

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EnerDel in line for $3 million grant

Battery maker EnerDel could land $3 million in federal disaster-recovery money that would help bring 200 more jobs to its
facilities on the north side of Indianapolis and in Noblesville.

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Finish Line forfeits incentive deal

Mall retailer The Finish Line Inc. has agreed to forfeit a potentially lucrative tax-abatement deal because it won’t be able
to meet a 2008 promise to create almost 200 jobs and invest $24 million at its Indianapolis headquarters.

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City to bolster economic development funding

Mayor Greg Ballard expected to announce at his State of the City address Wednesday evening that the Indianapolis Convention
& Visitors Association and Indianapolis Economic Development Inc. could receive about $1 million each from the city.

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