INSIDE INDIANA BUSINESS: Downtown Fort Wayne project grows

2014-05-09T12:23:00Z 2014-05-09T18:21:14Z INSIDE INDIANA BUSINESS: Downtown Fort Wayne project growsGerry Dick Inside Indiana Business nwitimes.com
May 09, 2014 12:23 pm  • 

The city of Fort Wayne is committing more money to a project Mayor Tom Henry says will be a downtown "game changer." The estimated cost for the Emerald Skyline development has grown from $71 million to $98 million, with Fort Wayne's portion increasing from about $19 million to $39 million. Henry says the increased investment is worth it since the tower, which will include the Ash Brokerage Corp. headquarters, will spur development by bringing hundreds of workers downtown.

April State Forecast Beats Projections

The Indiana State Budget Agency says April revenues were nearly $14 million above the December 2013 forecast. The state says collections for the first 10 months of the fiscal year remain slightly below target.

Commission Delays IU Medical Campus Vote

The Indiana Commission for Higher Education is now expected to vote later this month on $2 million in state funding for the planned Indiana University School of Medicine campus in downtown Evansville. The group was slated to decide the matter and several others yesterday, but did not have enough members present to take action.

Brewery to Open in Hancock County

A new brewery is set to open next week in McCordsville. Scarlet Lane Brewing Co. Chief Executive Officer Eilise Lane spent several years brewing in Oregon and says she hopes to bring some "Northwest influence to the Midwest."

RV Show Organizers Explore Potential Move

Leaders of the Recreation Vehicle Industry Association are considering moving the organization's annual trade show out of Louisville, possibly to Indianapolis. The Elkhart Truth reports officials from the organization have made a site visit to Indiana's largest city and believe the Indiana Convention Center and Lucas Oil Stadium have the potential host the event.

Gaming Revenue Continues to Decline

The Indiana Gaming Commission says monthly casino revenue decreased in April. The agency says adjusted gross revenue dropped to around $192 million, compared to more than $207 million during the same period a year earlier.

BioCrossroads CEO to Speak at Seminary Event

BioCrossroads Chief Executive Officer David Johnson will deliver a keynote address at Christian Theological Seminary's annual Petticrew Faith-In-Action Program. Business, community and religious leaders are expected to take part in next week's event in Indianapolis.

CEO to Keynote Networking Event

The Columbus Area Chamber of Commerce and Indiana University-Purdue University Columbus are hosting an entrepreneur networking event next month in the Bartholomew County city. Johnson Ventures Inc. Chief Executive Officer Rick Johnson is set to deliver the keynote address at SPARK Columbus.

Arrangements Set For Longtime Broadcaster

A memorial service is set for Tuesday to honor a man who spent more than four decades on the air in northern Indiana. William Vilmure has died. He was better known as Bill Darwin and hosted "Good Morning Michiana" on WSJV-TV in Elkhart. He was also a radio personality. Vilmure was 80.

Cummins Appoints Power Systems Head

Columbus-based Cummins Inc. has named Kelley Tate president of Cummins Power Systems. He has served as chief financial officer of the Pennsylvania-based unit since 2011 and will succeed Scott Patrohay.

For more Inside Indiana Business, visit www.insideindianabusiness.com.

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