Why Lilly is pouring billions into LEAP
In recent years, the pharmaceutical manufacturer has seen dizzying growth in its pipeline for a wide range of diseases. And modes of drug delivery are becoming increasingly complex.
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Carmel Clay Parks needs new funding source soon
Parks Director Michael Klitzing told IBJ the department over the next 10 years will need $6.5 million per year in capital funding to maintain its current assets and $11.5 million per year in capital funds to develop new parkland.
Fishers startup prepares to go public
Four-year-old Novusterra Inc. is planning an initial public offering within 90 days and hopes to be approved to trade on the OTCQB Venture Market, often used by companies that are still developing.
Samson Historical provides a time machine to the 18th century
Casey and Abbie Samson own and operate the colonial outfitter that produces and sells more than 800 varieties of mostly late-18th-century-era clothing, accessories and living-history supplies.
Will Indiana’s next governor champion the LEAP district in Lebanon?
More than two years after Gov. Eric Holcomb’s Indiana Economic Development Corp. quietly disclosed plans for the 9,000-acre campus in Boone County, the endeavor’s future now largely depends on the guidance of the next governor.
As AES Indiana abandons coal, capacity questions arise
If all goes to schedule, the huge power plant about 125 miles southwest of Indianapolis will convert to natural gas and burn its last load of coal by the end of 2026.
Fortville business owners reeling from road construction
Broadway Street in Fortville is a mess of orange construction cones and heavy equipment, with traffic backing up at rush hour and nobody getting anywhere quickly. It’s been this way for 16 months.
Tippecanoe County extends pipeline moratorium as IEDC eyes other options for LEAP district
Tippecanoe County Commissioners first enacted a stoppage to high-volume water withdrawals in November in response to an IEDC proposal to take 100 million gallons a day from Wabash River aquifers and carry it 35 miles away to the LEAP district.
Andretti Global racing makes progress on new HQ building
Andretti Global’s new headquarters in Fishers is a steel skeleton in the middle of a dusty field, but the motorsports giant’s future home is starting to come into focus.
I-69’s final connection to Indianapolis expected to boost Evansville’s economy
Business leaders say the large amount of land that can be developed north of Evansville along the interstate gives the city unlimited possibilities for growth and change.
Wild Air project in Zionsville will be developer’s largest yet
Construction is set to begin this summer on a 260-acre development in Zionsville that will bring nearly 700 new homes to a once-rural area of the Boone County town.
Fishers looks to annex 994 acres, add up to 3,000 residents
Fishers is advancing a long-held plan to annex about 1,000 acres along its southeastern boundary, a move that would encompass the largest chunk of unincorporated land along the ever-growing Hamilton County city’s borders.
Purdue gives students leg up in chip-making through summer program
An intensive, eight-week training program is devoted to the understanding of semiconductors, the crystalline solids that conduct electricity and power computer microchips.
Westfield starts designing long-awaited downtown
For years, transforming Westfield’s downtown into a vibrant, happening place has been a much-discussed but never-realized goal. Now, the first-term mayor is pushing to make the redevelopment of downtown more than just a talking point.
McCordsville town center takes shape as community’s population, housing needs grow
Town leaders spent nearly 15 years planning McCord Square, which they envision as a town center for a community that needs a place to gather. Residents are beginning to move into two 111,000-square-foot, four-story apartment buildings called The Jackson and The Lucas.
Sheridan aims to manage growth with reorganization, but questions remain
The town of Sheridan and Adams Township are looking to merge—a move that would give Sheridan planning and zoning control over an area that is currently unincorporated and is the jurisdiction of county planners.
Carmel hopes sound-system upgrades bring more acts to Palladium
The concert hall was built with sound in mind. And this month, the 1,600-seat Italian Rennaisance-style building is receiving the first major audio upgrade in its 13-year history.
Hamilton County hospital surge comes amid closings elsewhere
Community Health Network’s announcement this month that it plans to open a $335 million campus near U.S. 31 and 196th Street in Westfield marks the latest entry into the crowded Hamilton County hospital market.
Westfield unveils 8-year, $186M infrastructure plan
That represents $125 million in road improvements, $31 million in new roundabouts, $16.7 million in trail projects and $12.5 million in park projects. Half the projects have fundings allocated; the city is studying how to fund the other half.
Central Indiana mayors say regionalism critical to growth, workforce retention
The Indy Chamber hosted 10 mayors from the area Wednesday to discuss economic development at its State of the Region event at the Indianapolis Motor Speedway.