Indy Eleven majority owner Ersal Ozdemir says he looked at approximately 20 sites over several years before deciding on the Diamond Chain property in downtown Indianapolis for the planned $1 billion Eleven Park soccer stadium and mixed-use district. Ozdemir believes the project, and its proximity to existing venues, can be transformational for the city’s near west side. ... Read More
Mitch Daniels’ decision to step down as president of Purdue University has sparked significant speculation about a potential return to politics and another run for the governor’s office. And while the former two-term governor is leaving the door open, he’s doing his best to dampen that speculation.... Read More
Indiana Commissioner for Higher Education Chris Lowery says it will take an aggressive, “all hands on deck” approach for the state to reverse a steep decline in the number of Hoosier high school graduates attending college.... Read More
From escalating energy prices to a crisis in the food supply chain, the war in Ukraine continues to have widespread impact on the global economy. Can Indiana agriculture play a role in long term solutions?... Read More
Transformational. That’s how Lebanon Mayor Matt Gentry describes Eli Lilly and Co.’s (NYSE: LLY) plans to invest $2.1 billion and create 500 jobs at two new Boone County manufacturing facilities. Gentry says the city has been preparing for growth for five years, but admits there will be challenges. ... Read More
Fresh off two of the largest economic development deals in state history, Governor Eric Holcomb says Indiana is on pace to shatter its previous capital investment record. ... Read More
While the eyes of the world will be on the Indianapolis Motor Speedway for this weekend’s 106th running of the Indy 500, the Town of Speedway expects to attract some added attention as well as it shows off a transformed Main Street to out of town visitors. More than $500 million in private and public sector investment over the past 15 years has transformed Speedway into a town that community leaders say is about more than a day in May. ... Read More
In the face of strong economic headwinds and supply chain issues, the recreational vehicle industry is registering double digit sales gains and that’s good news for northern Indiana, which produces nearly 90% of all RVs in the U.S. But Economic Development Corp. of Elkhart County Chief Executive Officer Chris Stager says rising gas prices could quickly change things. ... Read More
Bloomington based Cook Medical’s new Indianapolis manufacturing plant could mean 200 jobs over the next several years, but the jobs and the $15 million investment are only part of the story. Employees at the plant, which officially opened last week, will come from the neighborhood around East 38th Street and Sheridan Avenue, which has been struggling economically for years. ... Read More
As Elanco Animal Health broke ground last week on its $100 million global campus in downtown Indianapolis, Chief Executive Officer Jeff Simmons called it a project that is building for the future. And he made a point of what he meant by the word building. ... Read More
