A new private equity fund at the IU Kelley School of Business could go a long way in helping the college’s real estate students get real world investment experience. The $4.2 million fund, called Sample Gates Management, has more than three dozen investors.... Read More
The leader of Elanco Animal Health Inc. (NYSE: ELAN) is challenging city officials, businesspeople and civic leaders to take a hard look at the future of downtown Indianapolis. CEO Jeff Simmons said he has had conversations with Mayor Joe Hogsett and...... Read More
A local motorsports team plans to spend $5 million to revamp a former Marsh Supermarket in Brownsburg into its new headquarters. HMD Motorsports bought the grocery store in November for $3.5 million.... Read More
DHL Supply Chain is investing nearly $120 million in the 980,000-square-foot distribution facility it acquired last year in Whiteland, with plans to create as many 676 jobs by 2027, a nearly 70% increase from when the project was first announced in June 2022.... Read More
Indianapolis has turned down a request from the National Football League to potentially host the AFC Championship game at Lucas Oil Stadium later this month due to an already packed convention calendar for the city, officials say.... Read More
Just days before departing the Statehouse at the end of her term, Indiana Secretary of State Holli Sullivan has announced that she has landed a leadership role with a regional public relations firm. Sullivan has been tabbed to lead business operations in Indiana for Louisville-based C2 Strategic Communications... Read More
The most prominent apartment property in the Broad Ripple neighborhood in Indianapolis has been sold for a second time in three years. The Coil was acquired by Ohio-based The Connor Group in late November for $57 million. ... Read More
Indiana’s tourism agency is seeking an $18 million bump in funding over the next two years as lawmakers prepare to craft the state’s next budget. The Indiana Destination Development Corp. is requesting a baseline annual budget of $14.8 million in both 2024 and 2025, ... Read More
The Capital Improvement Board of Marion County has authorized $3.7 million to replace the carpeting in the Indiana Convention Center for the first time in more than a decade. The new carpeting will be installed throughout the facility’s public spaces.... Read More
Another local governing body has approved more funding for the Pan Am Plaza redevelopment project. The Capital Improvement Board has approved up to $50 million to cover inflation-related costs for the Indiana Convention Center expansion portion of the project.... Read More
