Indianapolis Business Journal

Indianapolis Business Journal IBJ.com and Indianapolis Business Journal are central Indiana's business authority.

Founded in 1980, the Indianapolis Business Journal is central Indiana's most authoritative and trusted source on central Indiana's business community, focusing on sports, technology, health care, life sciences, real estate, politics, finance and education. We're online, on your doorstep, in your Inbox, on your smart phone and tweeting like crazy.

09/14/2024

🚀 Hey future Indiana business leaders - we’ve been waiting for YOU! For the first time ever, young professionals & recent grads get a 40% discount on their first year’s subscription!

Whether you’re ready to level up your career or stay ahead of industry trends, this is your chance to invest in your future. Learn more now at IBJMedia.com/youngprofessional.

Join us on October 2nd for Indiana Lawyer's Diversity in Law awards! https://www.theindianalawyer.com/events/2024/divers...
09/13/2024

Join us on October 2nd for Indiana Lawyer's Diversity in Law awards! https://www.theindianalawyer.com/events/2024/diversity-in-law. Celebrate the trailblazers making strides to diversify the Indiana legal profession. This year's event will feature an inspiring keynote speech by Lacy Johnson, Partner at Taft Stettinius & Hollister LLP, and an insightful panel discussion moderated by Jimmie McMillian, Chief Diversity Officer & Senior Corporate Counsel at Penske Entertainment Corp., with leading experts in the field, including:

- Karen Bravo, Dean & Gerald L. Bepko Professor of Law, Indiana University Robert H. McKinney School of Law
- Marcus Cole, Joseph A. Matson Dean & Professor of Law, Notre Dame Law School
- Christiana Ochoa, Dean & Herman B Wells Endowed Professor, Indiana University Maurer School of Law

On Tuesday we hosted our 2024 Tech Exec of the Year Awards! The morning kicked off with an insightful conversation on ar...
09/12/2024

On Tuesday we hosted our 2024 Tech Exec of the Year Awards! The morning kicked off with an insightful conversation on artificial intelligence. We then heard from Todd Taylor, President of Pacers Sports & Entertainment, on how their organization is using artificial intelligence and other technology to better engage with customers. Finally we recognized this year's honorees who excel at using technology to help their employers achieve their strategic goals. A huge shoutout to our sponsors - we couldn't have done it without you!

Missed it?
View the Event Photo Gallery Here: https://www.ibj.com/photos/2024-tech-exec-of-the-year-awards
View the Event Video Here: https://www.ibj.com/videos/2024-tech-exec-of-the-year
Meet this Year's Honorees Here: https://www.ibj.com/tech-exec-of-the-year-2024

Exciting news! Panelists have been announced for IBJ's Health Care & Benefits Power Breakfast on September 25. Check out...
09/11/2024

Exciting news! Panelists have been announced for IBJ's Health Care & Benefits Power Breakfast on September 25. Check out who will be joining us and register today to hear from the experts on the cost of health care in Indiana and what it means for Indiana consumers and businesses. https://www.ibj.com/events/2024/health-care-benefits-power-breakfast.

- Jennifer Alvey, Senior Vice President and Chief Financial Officer, Indiana University Health
- Devin Anderson, Secretary – Treasurer, Hoosiers for Affordable Healthcare; President and Chief Executive Officer, E&A Cos.
- John Gause, Chief Executive Officer, Apex Benefits

An independent wine bar and bistro inside the Conrad Indianapolis will close this month after 15 years of serving custom...
09/11/2024

An independent wine bar and bistro inside the Conrad Indianapolis will close this month after 15 years of serving customers at the northeast corner of Washington and Illinois streets.

Tastings—A Wine Experience announced plans for its “last call” after 15 years in operation.

Four Finger Distillery, which has locations in Westfield and Lebanon, cites a decision by building’s owner for its upcom...
09/11/2024

Four Finger Distillery, which has locations in Westfield and Lebanon, cites a decision by building’s owner for its upcoming Fletcher Place exit.

Four Finger Distillery, which has locations in Westfield and Lebanon, cites a decision by building's owner for its upcoming Fletcher Place exit.

Join IBJ and Moderator John Russell as our expert panel dives into the rising cost of health care in Indiana. Hear what ...
09/11/2024

Join IBJ and Moderator John Russell as our expert panel dives into the rising cost of health care in Indiana. Hear what it means for consumers and businesses across the state, plus gain insights from Dr. Ryan Nagy, President of IU Health Methodist and the Academic Health Center, as he shares key details about the new IU Health campus. Don't miss this essential conversation! RSVP or reserve your corporate table now at https://www.ibj.com/events/2024/health-care-benefits-power-breakfast.

The committee that oversees investment options for state employees has voted to yank public retirement assets from two o...
09/11/2024

The committee that oversees investment options for state employees has voted to yank public retirement assets from two outside investment funds as part of the state’s effort to divest from Chinese entities and funds that prioritize so-called “ESG” practices.

The Indiana Deferred Compensation Committee voted to eliminate public retirement assets from the funds as part of the state's effort to divest from Chinese entities and funds prioritizing environmental, social and governance practices.

The five pillars of Indiana Sports Corp.'s plan include making Indianapolis a world capital for women's sports teams, ev...
09/11/2024

The five pillars of Indiana Sports Corp.'s plan include making Indianapolis a world capital for women's sports teams, events and organizations.

The plan, revealed during the group’s State of Sports event, follows more than two years of internal discussion and engagement with more than 100 community leaders and advocates.

09/10/2024

East Central Indiana - this is big! Ball State University President Geoffrey Mearns invites you to be a part of an important discussion about East Central Indiana's future. Join business, community and political leaders on September 17th for a deep dive into the key challenges and unique opportunities facing the region. RSVP or reserve your corporate table now at https://www.ibj.com/events/2024/engage-east-central-indiana-muncie!

Illumine will open a location at 11 S. Meridian St., taking over a spot previously occupied by a Hubbard & Cravens Coffe...
09/09/2024

Illumine will open a location at 11 S. Meridian St., taking over a spot previously occupied by a Hubbard & Cravens Coffee and Tea shop.

Beginning next year, the Safe Streets and Roads for All funds will be used to study and redesign six road segments in In...
09/09/2024

Beginning next year, the Safe Streets and Roads for All funds will be used to study and redesign six road segments in Indianapolis.

The fixes are part of a $60 million-plus restoration project that will focus on supporting the monument’s crumbling base...
09/09/2024

The fixes are part of a $60 million-plus restoration project that will focus on supporting the monument’s crumbling base, IBJ reported in 2022.

The fixes are part of a $60 million-plus restoration project that will focus on supporting the monument's crumbling base, IBJ reported in 2022.

State officials, business leaders and other stakeholders say failing to act soon to manage central Indiana's water sourc...
09/09/2024

State officials, business leaders and other stakeholders say failing to act soon to manage central Indiana's water sources could threaten Indiana’s growth and economic development.

State officials, business leaders and other stakeholders say failing to act soon could threaten Indiana’s growth and economic development.

Some city-county councilors are suggesting city leaders at least consider diverting revenue from other departments or ex...
09/09/2024

Some city-county councilors are suggesting city leaders at least consider diverting revenue from other departments or examining the potential impact of an increase in Marion County’s wheel tax.

But some city-county councilors are so tired of waiting on the Legislature to act that they are suggesting exploring city-based solutions.

Mass Ave merchants are considering a push to allow people to purchase alcoholic beverages from approved vendors and carr...
09/09/2024

Mass Ave merchants are considering a push to allow people to purchase alcoholic beverages from approved vendors and carry them outside to be consumed within the neighborhood.

The Mass Ave Merchants Association is expected to discuss the creation of a DORA this week—the first step of several needed to establish what would be the first such district in Indianapolis.

In this week's podcast: IBJ personal finance columnist Peter Dunn details the options for keeping cash close at hand whi...
09/09/2024

In this week's podcast: IBJ personal finance columnist Peter Dunn details the options for keeping cash close at hand while allowing it enough space to grow, in light of the Fed’s impending decision on interest rates.

IBJ personal finance columnist Peter Dunn details the options for keeping cash close at hand while allowing it enough space to grow, in light of the Fed's impending decision on interest rates.

We love getting an inside look into the lives of Indiana's 250 most influential business leaders! Get to know our Indian...
09/07/2024

We love getting an inside look into the lives of Indiana's 250 most influential business leaders! Get to know our Indiana 250 honorees with these fun facts, powerful insights, and words of wisdom from. Brandi Davis-Handy, Scott Dorsey, Aaron Gillum, Jim Hallett, and Christiana Ochoa, and discover even more at Indiana250.com.

LL Flooring is “winding down operations” after declaring bankruptcy and plans to close all stores, including three store...
09/06/2024

LL Flooring is “winding down operations” after declaring bankruptcy and plans to close all stores, including three stores in central Indiana.

LL Flooring is “winding down operations" after declaring bankruptcy and plans to close all stores, including three stores in central Indiana.

An administrator at the Indianapolis Department of Metropolitan Development was fired Wednesday after an internal invest...
09/05/2024

An administrator at the Indianapolis Department of Metropolitan Development was fired Wednesday after an internal investigation found “overwhelming evidence” of inappropriate sexual misconduct, according to documents released by the city’s attorneys.

An administrator at the Indianapolis Department of Metropolitan Development was fired Wednesday after an internal investigation found "overwhelming evidence" of inappropriate sexual misconduct, according to documents released by the city's attorneys.

Violinist Lindsey Stirling and an ice performance by Cirque du Soleil have been added to the schedule at the new Fishers...
09/05/2024

Violinist Lindsey Stirling and an ice performance by Cirque du Soleil have been added to the schedule at the new Fishers Event Center, venue managers announced this week.

Violinist Lindsey Stirling and an ice performance by Cirque du Soleil have been added to the schedule at the new 7,500-seat Fishers Event Center, venue managers announced this week.

Houston, Texas-based tech firm Ohana is planning to expand operations and relocate its headquarters to Indianapolis and ...
09/05/2024

Houston, Texas-based tech firm Ohana is planning to expand operations and relocate its headquarters to Indianapolis and create more than 100 jobs over the next five years, the company announced Thursday.

The company, which plans to create more than 100 jobs over the next five years, could receive up to $3.5 million in conditional tax credits from the state if it meets hiring goals.

The $1.3 million proposed for the Indy Arts Council--to be transferred to arts groups as operational funds--will be disc...
09/05/2024

The $1.3 million proposed for the Indy Arts Council--to be transferred to arts groups as operational funds--will be discussed today during a Parks and Recreation Committee budget hearing.

The $1.3 million proposed for the Indy Arts Council will be discussed Thursday during a Parks and Recreation Committee budget hearing.

The $312 million project from Boxcar Development LLC, a holding company for the Herb Simon family, was unanimously appro...
09/05/2024

The $312 million project from Boxcar Development LLC, a holding company for the Herb Simon family, was unanimously approved by the Indianapolis Historic Preservation Commission after about a half-hour of presentation and discussion.

We are looking forward to our Health Care & Benefits Power Breakfast on September 25th! Join us for a deep dive into the...
09/05/2024

We are looking forward to our Health Care & Benefits Power Breakfast on September 25th! Join us for a deep dive into the future of health care with our keynote speaker, Dr. Ryan Nagy, President of IU Health Methodist and the Academic Health Center. Don’t miss this opportunity to hear from a leader at the forefront of health care innovation! Secure your spot at https://www.ibj.com/events/2024/health-care-benefits-power-breakfast.

Indiana members Credit Union will move its headquarters to about 74,000 square feet in Building 9-12 on North College Av...
09/04/2024

Indiana members Credit Union will move its headquarters to about 74,000 square feet in Building 9-12 on North College Avenue. The company’s lease accounts for about 85% of the remaining available office space in Phase II of the district.

Indiana Members is the largest credit union in Indiana, with more than 160,000 members and 27 branches across the state. The company, founded in 1956, also employs about 525 people statewide.

BREAKING: Just as the Fever clinched its first playoff spot in eight years, Allison Barber announced she planned to help...
09/04/2024

BREAKING: Just as the Fever clinched its first playoff spot in eight years, Allison Barber announced she planned to help lead the development of a new effort focused on empowering Indiana girls and women through sports called the Marvella Project.

Barber, who has led the Fever since 2019, plans to help lead the development of a new effort focused on empowering Indiana girls and women through sports called the Marvella Project.

Both major-party candidates have maintained their distance from making policy declarations on LEAP, acknowledging the op...
09/04/2024

Both major-party candidates have maintained their distance from making policy declarations on LEAP, acknowledging the opportunity the project presents but leaving their vision unclear amid the LEAP site’s unresolved water-access challenges.

More than two years after Gov. Eric Holcomb’s Indiana Economic Development Corp. quietly disclosed plans for the 9,000-acre campus in Boone County, the endeavor’s future now largely depends on the guidance of the next governor.

EnVista LLC co-founders Jim Barnes and John Stitz, who built the Carmel-based supply-chain technology consultancy from a...
09/04/2024

EnVista LLC co-founders Jim Barnes and John Stitz, who built the Carmel-based supply-chain technology consultancy from a two-man startup to a company with $113 million in revenue and hundreds of employees, are now battling each other in court.

Jim Barnes and John Stitz built the Carmel-based supply-chain technology consultancy from a two-man startup to a company with $113 million in revenue and hundreds of employees. Barnes has now filed a lawsuit against Stitz.

Breakfast and brilliant ideas? Coffee and conversation? We're serving up that and much more at IBJ Media's events. Join ...
09/04/2024

Breakfast and brilliant ideas? Coffee and conversation? We're serving up that and much more at IBJ Media's events. Join us at an upcoming event and kickstart your day with fresh ideas and new connections. Check out our event lineup and register now at IBJ.com/events.

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Founded in 1980, the Indianapolis Business Journal is central Indiana's most thorough and trusted source on central Indiana's business community, focusing on sports, technology, health care, life sciences, real estate, politics, finance and education. We're online, on your doorstep, in your Inbox, on your smart phone and tweeting like crazy.


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