The tucked-away location may be hurting the performance of the garage, which is part of a $40 million development that included a $29 million hotel and quiet-zone railroad crossing work intended to lessen train horn noise.
Saying it was “gravely disappointed,” the company proposing a $500 million medical complex warned Friday morning that it would “explore other options” while airport officials spend more time examining the deal.
A vote on a proposal to build a $500 million medical complex at Indianapolis International Airport has been delayed so the board can take another look at the plan. The delay was announced after an IBJ story raised questions about the track record of the executive behind the plan.
The city of Fishers is investing tens of thousands of dollars in a consulting firm to address needs of businesses along State Road 37, which is expected to be redesigned into a free-flowing parkway, even though construction is at least two years down the road.
The top executive at an Indianapolis start-up that wants to build a $500 million medical complex at the Indianapolis International Airport launched a 200-location Dunkin' Donuts business that went bankrupt in 2009 and he filed for personal bankruptcy in 2013.
KAR Auction Services Inc. on Wednesday reported slightly lower quarterly earnings that missed analyst expectations. It also said it plans to buy a group of eight auctions in Idaho, Oregon, Nevada, Utah and California.
It was the first year in the Ports of Indiana's history that the state's three ports handled more than 12 million tons of cargo.
Two dozen auto insurers in Indiana already have launched at least small-scale usage-based insurance programs, according to the Indiana Department of Insurance.
Record stockpiles of ethanol are forcing some biofuels producers into the ranks of energy companies that are slowing operations in the face of $30-per-barrel crude oil.
The first phase of the $198 million Red Line is slated to run from just north of Broad Ripple to the University of Indianapolis.
The Indiana Senate has endorsed a proposal backed by Gov. Mike Pence that aims to boost highway funding by drawing down the state's cash reserves and borrowing money.
Indiana residents would pay more for gasoline and cigarettes but less in state income taxes under a bill the House approved Tuesday.
The Indiana Toll Road Concession Co. announced Tuesday the work will be done on a 70-mile section of the Toll Road from Portage to Elkhart. The work will include new asphalt, work on interchanges, shoulder replacement and work on 53 bridges.
The problem could lead to hoods flying open while the cars are moving. The recall covers the 2013 to 2015 model years.
A future 5 percent cut in Indiana's individual income tax rates is being added to a legislative proposal that would boost gasoline and cigarette taxes to increase road funding.
The Indianapolis Airport Authority said Wednesday that real estate exec Kelly J. Flynn has been elected president of the authority's board, succeeding Mike Wells.
Celadon CEO Paul Will said quarterly earnings were hurt by $1.2 million in expenses related to the company’s acquisition of Tango Transport during the quarter.
The shale boom is threatening to ruin a renaissance in small refineries, known as teapots, before it even begins.
The Hamilton County Council and Board of Commissioners had a joint meeting Monday night to discuss the financing arrangement to transform the state highway into a free-flow parkway with roundabout-style interchanges.
An auto parts factory near Muncie that was slated to close later this year won’t be shutting its doors after all.
