AUG. 16-22, 2024

Indianapolis officials have outlined a taxing district downtown that would help pay for the construction of a proposed soccer stadium. But many of the properties in the district that would be taxed are still on the drawing board. Ergo, the district’s revenue projections are partially based on properties that don’t exist yet. Mickey Shuey digs into the strategy that assumes future development. Also in this week’s issue, Daniel Bradley has a progress report on development of Andretti Global’s new, 400,000-square-foot headquarters in Fishers. And Dave Lindquist details the latest burst of creativity from local songwriter Richard Edwards of Margot & the Nuclear So and So’s, which includes two screenplays and a new album.

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Soccer stadium funding plan relies on development pipeline

August 16, 2024 | Mickey Shuey

More than half of the expected developments within the district the city has designated as a professional sports development area, or PSDA, have yet to break ground.

Andretti Global racing makes progress on new HQ building

August 16, 2024 | Daniel Bradley

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.

Rally conference returns—with some changes

August 16, 2024 | Susan Orr

As Elevate Ventures prepares for year two of its multimillion-dollar Rally innovation conference, the organization is making a few adjustments to last year’s playbook.

Musician Richard Edwards adds 2 screenplays, a book to artistic output

August 16, 2024 | Dave Lindquist

Despite health challenges that keep him more or less homebound, Edwards has spent the past 10 years writing and recording four solo albums, not to mention executing a do-over of the final Margot album and revisiting other songs from his past.

Derek Schultz: Dirtyard dominance

August 16, 2024 | Derek Schultz

Dudas’ wiffle ball league began in 2015 with four teams and totaled 19 players, many of whom were Perry Meridian or UIndy teammates of his.

Indiana 250: Brandi Davis-Handy

August 16, 2024 |

Brandi Davis-Handy in February became president of AES Indiana, the Indianapolis-based utility that serves electricity to about a half million people in central Indiana. She previously worked as the chief customer officer for AES U.S. utilities covering Indiana and Ohio. Davis-Handy is board president of GangGang, which organizes Butter, a multiday fine art fair. She […]

Made in Indiana: Aviation parts by Aerofab

August 16, 2024 | Dave Lindquist

Metal expertise: Aerofab, a division of Tube Processing Corp., manufactures components for engines used on commercial aircraft and military aircraft. The LEAP engine, or Leading Edge Aviation Propulsion, is an example of an engine that includes parts made by Aerofab. History: Tube Processing Corp. was founded in 1939 by Edward Seybert, and the company grew […]

Hogsett apology doesn’t stop potential council probe of allegations against mayor’s ex-aide

August 12, 2024 | Taylor Wooten

The Democratic-controlled City-County Council allowed the immediate introduction of a measure that would potentially let a committee investigate Democratic Mayor Joe Hogsett’s response to three women’s sexual harassment allegations against Hogsett’s former top aide, Thomas Cook.

IMS Museum eyes major haul for endowment by auctioning off 11 valuable vehicles

August 13, 2024 | Mickey Shuey

The museum has partnered with Ontario-based auction house RM Sotheby’s to take the cars to market in a move that could bolster the organization’s $10 million endowment with an additional infusion of $100 million or more.

Westfield City Council rejects West Fork Whiskey’s 26-acre development plan

August 13, 2024 | Daniel Bradley

City-County Council approves tax district for downtown enhancements

August 12, 2024 | Taylor Wooten

The taxing district is expected to generate about $4.65 million a year for downtown-focused efforts in Indianapolis, along with funding the operating costs of the low-barrier homeless shelter planned on the southeast side of downtown.

After slow start, state officials expect second-year uptick in career scholarship use

August 16, 2024 | Cate Charron

The CSA program offers high school sophom*ores, juniors and seniors up to $5,000 each year to offset expenses associated with participating in approved internships, apprenticeships, work-based learning and credential programs.

Editorial: Focus for downtown tax should be ensuring money is well spent

August 16, 2024 |

Now that the battle to impose a new fee on some downtown property owners appears to have finally succeeded, it is time to give more attention to precisely how the revenue should be spent.

Nate Feltman: A Mitch Daniels 20-year reunion

August 15, 2024 | Nate Feltman

Most of us who participated in the Daniels administration never planned to work for the state of Indiana. But the opportunity to work for someone who ran for office for the right reasons, would always do the right thing and had the wherewithal to bring about important change proved too tempting to turn down.

Liz Sliger and Jamey Callane: Career, tech ed programs prep students for tomorrow

August 16, 2024 | Liz Sliger and Jamey Callane

By embracing choice education and robust CTE programs and through the active support of the corporate community, we can equip the next generation with the skills and mindset needed to navigate and lead in an ever-changing world.

Stacie Householder: Nurse practitioners can help solve health care access

August 16, 2024 | Stacie Householder

Granting full practice authority to APRNs would allow us to use our extensive training and experience to provide high-quality care without the burdensome and unnecessary physician collaboration agreements.

Jalene Hahn: Interpreting the rules for inherited IRA distribution

August 16, 2024 | Jalene Hahn

In February 2022, the IRS issued proposed regulations, stipulating that IRA owners subject to the 10-year rule were also subject to a required minimum distribution (RMD), as well.

Mandy Haskett: Five things competitive cultures have in common

August 16, 2024 | Mandy Haskett

More than 60% of companies spend less than $500/year per person on management or leadership development.

Cecil Bohanon and John Horowitz: Prices that fluctuate with usage change behavior

August 16, 2024 | Cecil Bohanon and John Horowitz

Though governments today simplify Vickrey’s proposals, congestion pricing is used in Singapore, Stockholm and London.

Ohio-based Chop5 Salad Kitchen looks to recruit Indiana franchisees

August 12, 2024 | Dave Lindquist

Chop5 specializes in signature chopped salads such as the Harvest Chop Salad, Korean Chicken Chop Salad and Kale Quinoa Chop Salad.

Indy point-in-time homeless count rises for first time since 2021

August 8, 2024 | Taylor Wooten

IU med school grad gifts $5M to support new anatomy lab

August 12, 2024 | Mason King

The lab, which will be located on the second floor of the 11-story IU Medical Education and Research Building, will emphasize hands-on physical dissection as a vital component of medical training.

Roof issue at Lucas Oil Stadium resolved, CIB says

August 13, 2024 | Mickey Shuey

The retractable roof at Lucas Oil Stadium has been repaired after a system malfunction prevented it from opening for the Indianapolis Colts’ preseason opener Sunday.