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.
Transportation
Articles
Illiana Expressway eligible for low-interest loan
The proposed Illiana Expressway linking northwestern Indiana with Chicago's south suburbs is eligible for a low-interest federal loan for up to one-third of the cost of the $1.5 billion project.
Fastenal seeks tax abatement on $11M expansion
The firm intends to make its facility north of 56th Street on Guion Road the main hub for more than a dozen other regional distribution centers, and to hire 60 more workers.
Apparel firm requests tax break on $15M project
OSP Group is in the midst of re-evaluating its national distribution network and has identified major improvements needed at the center, which employs 625.
Compromise bill allows state to spend $200M on interstates
The House passed the compromise bill 95-4, even as a number of lawmakers – including Democrats – complained that the legislation doesn’t include any money for local roads.
Mass transit on tap for six counties under bill headed to Pence
The legislation authorizes officials in Marion, Madison, Johnson, Hancock, Hamilton, and Delaware counties to seek voter permission to raise income taxes to fund a regional bus system. Light rail is not part of the legislation.
Toyota dealers trying to stop Ed Martin’s relocation
Butler Auto Group has been selling Toyotas in Indianapolis since 1966. Ed Martin Auto Group has been selling Toyotas in Anderson since the 1980s. So when Toyota Motor Sales USA recently allowed Martin to move its dealership 20 miles west, to Noblesville, Rob Butler started seeing red.
University Loft’s founder now building electric cars
The founder of University Loft Co., one of the nation’s biggest suppliers of college dorm room and military base furniture, is now venturing into the world of alternative transportation.
Rokita takes on FAA medical rule
General aviation pilots abhor the Federal Aviation Authority’s third-class medical certificate, which requires them to get a physical from an FAA-approved doctor every two years, but the industry has yet to take down that bureaucratic hurdle.
RV supplier plans expansion in Indiana, 150 jobs
Lippert Components is planning to start operations at a closed South Bend distribution center and hire more than 150 workers this year.
Deal on mass-transit legislation headed for vote
The compromise language does not include a provision to establish a light-rail system or an increase in corporate taxes. However, the legislation would still allow for an increase in individual income taxes pending voter approval.
Foreign trade zone status easier to come by
Shielding items from customs duties has become cheaper, quicker.
Incentives planned to boost Fort Wayne flights
The city of Fort Wayne is going to kick in up to $600,000 in incentives over two years for an airline to offer daily flights to an East Coast travel hub.
Indiana road-funding measure nears final vote
Indiana House and Senate lawmakers are still deciding whether to release $200 million for road expansion projects.
Indiana public transit usage bucking national trend
Outside of Indianapolis, many Indiana cities aren’t experiencing the same transit trend that saw more Americans using public buses, trains and subways in greater numbers in 2013.
Indiana road funding bill nears final vote at Statehouse
Final lawmaker negotiations are set to begin on a bill that would allocate $200 million for Indiana transportation projects.
Changes to U.S. 31 cause worry in Carmel
A large section of Meridian Street in Carmel will be transformed to a limited-access highway by the end of this year.
Mass-transit supporters hopeful for compromise
Supporters of competing plans to expand mass transit in central Indiana say they’ve got differences to work out before the General Assembly wraps up March 14 but they’re confident they can find resolution.
Off-airport parking firm acquires local competitor
A Cincinnati-based company that fought a legal battle with the Indianapolis Airport Authority over construction of an off-site parking facility has acquired its largest local private competitor and plans to close its lot.
J.D. Byrider adds franchises in seven states
J.D. Byrider, the largest used-car franchisor in the nation, continued its national growth spurt by opening stores in seven different states between mid-December and Monday, the Carmel-based company announced Tuesday.