Officials behind the planned, $175 million redevelopment of the downtown block that includes City Market say the project helps to solve a puzzle that has been around for several years.... Read More
Carmel-based life sciences startup Confluence Pharmaceuticals has received a $200,000 investment from IU Ventures, the third round of funding from IU’s early-stage venture and angel investment arm. ... Read More
Plans for an expansive, high-tech business park in rural Boone County are moving forward, with nearly three dozen property owners asking Lebanon officials to annex their land to support the development.... Read More
Indianapolis-based logistics company Spot says it will be creating 400 new jobs with more than half of the positions placed in Indy... Read More
Four Winds Field at Coveleski Stadium has been named Best Ballpark by Ballpark Digest. The home of the South Bend Cubs, beat Neuroscience Group Field at Fox Cities Stadium, home of the Wisconsin Timber Rattlers, for the top spot.... Read More
Indiana will see another increase in state gasoline taxes starting July 1 amid promises of inflation relief — including a proposal to issue direct payments to Indiana residents later this month.... Read More
Purdue University, Purdue Polytechnic Institute and Purdue University Global are establishing an academic partnership with the University of Puerto Rico. Purdue says the goal of the partnership is to forge relationships that will benefit students and professors in areas such as precision medicine and healthcare, sustainability and climate change, and engineering.... Read More
As dignitaries drove a ceremonial gold-colored spike into a section of railroad track Monday in Michigan City, it represented construction work now underway on the Double Track rail project. ... Read More
After years of starts, stops and legal issues, officials in Terre Haute will Tuesday break ground on the planned $240 million casino and hotel. The Queen of Terre Haute Resort is being developed by Kentucky-based Churchill Downs Inc. (Nasdaq: CHDN), which officially received the license to build the casino in December.... Read More
The president of Trine University in Angola has announced plans for retirement. Earl Brooks, who is currently the longest-serving college president in Indiana, says he will retire at the end of the 2022-2023 academic year after 23 years in the role.... Read More
Urban One will pay $25 million to acquire Emmis Communications Corp.’s Indianapolis radio stations, according to details of the deal disclosed in a Friday filing with the U.S. Securities and Exchange Commission.... Read More
The Indiana Economic Development Corp., in partnership with Conexus Indiana, announced the sixth round of awards totaling nearly $4 million in Manufacturing Readiness Grants. The IEDC says the grants are being awarded to 43 Indiana businesses, supporting more than $46 million in technology-enabled capital investment.... Read More
Warsaw-based nonprofit Cardinal Services has named Vickie Lootens as its new executive director. Lootens will succeed Matthew Boren, who is resigning from the position.... Read More
The Dubois County Community Foundation is the recipient of a $400,000 donation from the estate of Clement M. “Clem” Lange. The gift is designated for the Clem and Mary Lange Best Chairs Endowment for the Benefit of Ferdinand, Holland, and St. Henry, which was established in 2002 by Clement and Mary Lange.... Read More
Governor Eric Holcomb says the $649 million South Shore Double Track project will be a "ginormous magnet" for growth in northwest Indiana. Federal, state and local officials broke ground this morning on the project, which will add 18 miles of new track on the South Shore Line between Michigan City and Gary. ... Read More
A spin-off of Greenfield-based Elanco Animal Health Inc. (NYSE: ELAN) has announced plans to locate its global headquarters in Fishers. BiomEdit LLC, which focuses on microbiome innovation in animal health, says the city will best support its approach to research and development.... Read More
The development firm behind the planned $20 million redevelopment of Lafayette Square Mall in Indianapolis plans to close the property over a three month period to further renovation efforts. Sojos Capital says the move will bring the Window to the World transformation to fruition more quickly.... Read More
Indianapolis-based F.C. Tucker Co. says central Indiana continued to see an increase in home prices and housing inventory in May. Pended home sales in the 16-county region dropped 2.2% compared to the same month last year.... Read More
The Indiana University Board of Trustees has approved a $4 billion operating budget for the 2023 academic year. The budget, which was approved at the board's June meeting, includes a compensation increase for employees.... Read More
Fort Wayne-based 3Rivers Federal Credit Union is planning to expand in central Indiana. The credit union says it will invest $7.5 million to build three branch locations in Muncie, Pendleton, and Fortville.... Read More
