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Hogsett-backed stadium tax-district plan advanced by City-County Council committee – Indianapolis Business Journal - Vimarsana News

Hogsett-backed stadium tax-district plan advanced by City-County Council committee – Indianapolis Business Journal

After a three-hour meeting in a room packed with supporters of the Indy Eleven, a City-County Council committee on Tuesday narrowly advanced a proposal for a taxing district on the east side of downtown to support a potential Major League Soccer stadium.

Source: ibj.com
City reveals new taxing district map for proposed MLS stadium – Indianapolis Business Journal - Vimarsana News

City reveals new taxing district map for proposed MLS stadium – Indianapolis Business Journal

The map specifies more than 120 non-contiguous addresses throughout downtown that would be incorporated into a new professional sports development area, or PSDA.

Source: ibj.com
Sale of Circle Centre Mall completed; $600M investment planned - Vimarsana News

Sale of Circle Centre Mall completed; $600M investment planned

Wisconsin-based developer Hendricks Commercial Properties group first announced in late 2023 a deal to buy most of the mall.

Source: wishtv.com
Sugar Factory faces eviction at Circle Centre after allegedly failing to pay $300,000-plus in rent – Indianapolis Business Journal - Vimarsana News

Sugar Factory faces eviction at Circle Centre after allegedly failing to pay $300,000-plus in rent – Indianapolis Business Journal

New York City-based Sugar Factory opened in April 2022, replacing the Palomino restaurant that had occupied the space for 23 years. An eviction hearing is set for May 1.

Source: ibj.com
Central Indiana nabs $45 million in READI 2.0 funds – Indianapolis Business Journal - Vimarsana News

Central Indiana nabs $45 million in READI 2.0 funds – Indianapolis Business Journal

Dozens of projects will be considered for funding, including housing and placemaking projects in Bargersville, McCordsville and Martinsville; an amphitheater in Anderson; the Innovation Mile in Noblesville; and the redevelopment of Circle Centre Mall in downtown Indianapolis.

Source: ibj.com