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Business

This section offers coverage of the big economy, personal economy, big business, small business, and everything in between.

CIB gives mid-December ultimatum on Bloomington’s convention center hotel deal

CIB gives mid-December ultimatum on Bloomington’s convention center hotel deal

The effort to secure a host hotel supporting the Bloomington Convention Center expansion has lagged behind the expansion project itself. On Wednesday, the CIB gave Dora Hospitality and Bloomington’s RDC a mid-December deadline to show progress on a real estate deal.

Bloomington OKs mold testing contract for Trades District parking garage office space

Bloomington OKs mold testing contract for Trades District parking garage office space

A $1,300 contract with VET Environmental Services to conduct mold testing at the Trades District garage was approved by Bloomington’s RDC at its regular meeting on Monday. To be tested is the ground-floor office space which Energy Sciences Network (ESnet) has leased from the RDC.

Board signs off on 1-year license for Bird, Bloomington’s lone scooter operator

Board signs off on 1-year license for Bird, Bloomington’s lone scooter operator

Bird can operate its shared electric scooters and e-bicycles for another year in Bloomington. The board of public works approved a one-year license for the micro-mobility company at its regular meeting on Tuesday night. Bird is now the only vendor in Bloomington for shared-used e-scooters.

Bloomington moves to reduce private use of Showers West, 2 tenants agree to leave

Bloomington moves to reduce private use of Showers West, 2 tenants agree to leave

Bloomington’s redevelopment commission approved the key terms of lease termination agreements with Merrill Lynch and Bloomington Health Foundation, which are two tenants of Showers West. That’s the western part of the former Showers Brothers furniture factory building that also houses city hall.

Simtra gets initial OK for dual ‘augmented’ tax breaks at Bloomington manufacturing locations, contingent on creation of jobs

Simtra gets initial OK for dual ‘augmented’ tax breaks at Bloomington manufacturing locations, contingent on creation of jobs

Simtra BioPharma has been given initial approval of tax abatements for two manufacturing locations where it is making investments totaling close to a half billion dollars. At its regular meeting on Tuesday, Monroe County’s council gave its approval. The county commissioners will vote on Thursday.

CIB briefed on branding, public art, hotel plans for Bloomington convention center expansion

At its regular meeting on Wednesday (Aug. 20) Monroe County’s capital improvement board, which is overseeing the expansion of the Bloomington convention center, received updates on: branding and logo development; plans for public art in the new facility; and progress on the associated hotel project

At talk with Bloomington developers, Lt. Gov. Micah Beckwith pushes for overhauling property taxes—or abolishing them

At talk with Bloomington developers, Lt. Gov. Micah Beckwith pushes for overhauling property taxes—or abolishing them

Indiana Lt. Gov. Micah Beckwith said homes should be taxed based on purchase price, instead of assessed value, at a talk on Thursday. The talk was hosted by the Building Association of South Central Indiana, the Greater Bloomington Chamber of Commerce, and the Indiana Uplands Realtor Association.