Brokers fear criminal justice complex could harm downtown
City officials and real estate professionals debated on Thursday the pain from moving jails, courts and other criminal justice functions to a proposed complex outside of downtown.
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BECKER: Indianapolis transit hub will redeem eyesore
Buses get no respect. Romance clings to the rails and to the grand stations that serve them. When you take a train, you may well find yourself in a replica of a Greek temple or the Baths of Caracalla.
City christens Market East cultural district downtown
The area—roughly 14 square blocks—anticipates a passel of new development on and around the former site of Market Square Arena.
CIB OKs Pacers subsidy after promise of no additional taxes
The city’s Capital Improvement Board on Monday afternoon unanimously approved a $160 million, 10-year finance package to the Indiana Pacers for the operations of Bankers Life Fieldhouse.
CIB chief: $160M Pacers deal won’t require tax hike
CIB President Ann Lathrop said Friday that debt refinancings at low interest rates have freed up money to fund capital projects at the 14-year-old Bankers Life Fieldhouse.
Stephen Simon surfaces as Pacers’ heir apparent
Stephen Simon has been increasingly involved with the team since his father, Herb, acquired full ownership of the franchise before the death of Herb’s brother Melvin in 2009.
UPDATE: City reaches $160M deal with Pacers
The city's Capital Improvement Board will spend $160 million over 10 years on subsidy payments and stadium improvements for the Indiana Pacers in exchange for a lease extension through the 2023-2024 season.
Kokomo, like Indy, trying to sway suburbanites to move in
The mayors of Indy and Kokomo in late February gave remarkably similar state-of-the-city addresses, both focusing on the need to make their communities more desirable as places to live, not just do business.
IEDC urging government bets on spec-building
The Indiana Economic Development Corp. is encouraging local governments to help finance speculative industrial buildings, which could land new businesses but could put at risk hundreds of thousands in taxpayer dollars.
Councilor: ACLU settlement won’t deter panhandling proposal
Councilor Jeff Miller said the city’s settlement with the American Civil Liberties Union over panhandling enforcement shouldn’t deter a City-County Council effort to pass a more restrictive ordinance.
Indianapolis reaches agreement with panhandlers
Panhandlers will be able to continue begging for money in Indianapolis as long as they don't harass motorists, under an agreement reached with the ACLU.
Partisan battle freezes proposal to repave ravaged city streets
A Democrat-controlled City-County Council committee has tabled a proposal to spend $8 million in Rebuild Indy funds to repair thoroughfares hit hard by the brutal winter. Democrats say the project would favor Republican districts.
Sweetener maker plans $21M in improvements, 151 new jobs
Carmel-based Heartland Food Product Groups is seeking nearly $1 million in tax breaks on building work and new equipment for its Indianapolis production facility.
‘Architecturally significant’ Cummins HQ likely won’t scrape downtown skyline
The engine maker’s planned global distribution headquarters downtown will seem modest compared to a 28-story apartment complex slated for across Market Street, but the firm has a strong history of promoting breath-taking architecture.
Cummins to build downtown office building for 400 workers
The $30 million project, which will include ground-floor retail and a parking garage, will occupy the two remaining parcels of the former Market Square Arena site.
Judge to Ballard rep: We decide where courts go
Marion Superior judges on Friday gave a grudging endorsement to the former General Motors stamping plant site as the location for a proposed criminal justice complex, but not before sending a message to Indianapolis Mayor Greg Ballard that the courts are their call.
Westfield hopes to make money on Grand Park’s ancillary development
As competition kicks off at Westfield’s sprawling Grand Park Sports Campus, city leaders are working to recruit corporate partners willing to support their field of dreams.
City reports more revenue from parking meter operations
Indianapolis received more than $3 million in revenue from parking meters in 2013, its highest total yet since turning over meter operations to ParkIndy in late 2010.
City pitches case for jail on former GM plant site
Indianapolis Director of Enterprise Development David Rosenberg met with west-side residents Tuesday evening to explain the city’s preference for putting a new criminal-justice complex on the former GM stamping plant property.
City to consider $7.7M bond issue to assist Broad Ripple project
Browning Investments Inc. says that it is seeking $5.7 million from the bond issue to help finance Canal Pointe, its controversial $30 million apartments-and-retail project.