IDI’s Velocity project plumbs urban neighborhoods
The strategic planning project is holding a series of neighborhood roundtable meetings this month in hopes of having final recommendations for the future of downtown by the end of the year.
Economic Development
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Bio-Response expanding in Hendricks County
Wastewater equipment maker is moving to a Danville business park to build a $1.1 million facility.
Manufacturer plans $30.2M expansion in Franklin
NSK Corp. and NSK Precision America Inc. said the project will allow them to hire 46 additional workers by 2016 at their 63-acre corporate campus.
IDI seeking input for strategy
Velocity, the downtown strategic planning project launched by Indianapolis Downtown Inc., is holding a series of neighborhood roundtable meetings in June to gather input about the future of downtown and surrounding neighborhoods.
Indiana county pushes ahead with fertilizer plant
The Pakistan-based developers of a fertilizer plant have won a southwestern Indiana county's initial approval for the project, weeks after the state pulled its support.
Miller Pipeline plans $5.3M expansion, more jobs
The Indianapolis-based subsidiary of Vectren Corp. plans to construct a 52,000-square-foot building at its 34-acre corporate campus at 8850 Crawfordsville Road.
IEDC rolling out $1M diversity investment fund
Fund managers will seek to invest in companies owned by minorities, women and veterans that have sustainable competitive advantages, scalable business models and the potential for meaningful job creation.
Former Indy Chamber prez scores consulting work
Scott Miller, who resigned from the chamber post after less than two years to follow his entrepreneurial bent, will help two local startups get off the ground.
INDOT memo strips information in public tug-of-war
By one stroke this year, Indiana lawmakers and the new governor vastly improved the public's ability to find out how the show is run at the Statehouse, while in another, top managers at the Indiana Department of Transportation quietly clamped down on what's available.
Mainstreet plans $9.2M nursing home on northwest side
The 65,000-square-foot nursing-home and assisted-living facility would feature an Internet cafe, movie theaters and restaurant-style dining with an on-site chef.
FedEx seeks to build $34M distribution hub at Ameriplex
FedEx is looking to nearly double the size of its SmartPost distribution operations on the city's southwest side by building a bigger hub at the Ameriplex Indianapolis business park.
Data-hosting firm Axia to add up to 45 jobs
The Indianapolis-based company will invest $2.8 million to expand its downtown headquarters and open a data center in Columbus, Ind.
Polaris plans $4.7 million laboratory expansion
Polaris Laboratories LLC, an Indianapolis-based company that analyzes oil, fuel and coolants, said it plans a $4.7 million local expansion that will add up to 25 employees by 2016.
Work stops on Greenwood pharmaceutical plant
Greenwood officials three years ago approved $8.4 million of incentives for the Elona Biotechnologies project, including the construction loan.
River protest set for proposed central Indiana reservoir
Organizer and environmentalist Clarke Kahlo told The Herald Bulletin that the group is trying to build public awareness of the amount of land that would disappear if the reservoir is built.
Greenwood, Whiteland try to spur, shape growth
Two Johnson County communities are determined to capture—and control—the next wave of suburban growth.
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.
Eco devo veteran takes over Hamilton County Alliance
Former state Department of Commerce Chief Tim Monger took the reins of the economic development group after financial woes forced the organization to reevaluate priorities. He plans an aggressive approach.
Manufacturer planning expansion, 100 jobs in Boone County
CNH Parts & Service, the product-support division of international manufacturing giant CNH Global NV, plans a $13.3 million expansion in Lebanon.
Pence signs $100 million Speedway funding bill
Indiana Gov. Mike Pence has signed a bill that will provide a $100 million state loan to the Indianapolis Motor Speedway for planned improvements.