Indianapolis, IN
The Justus Cos. planning to relocate HQ from Indianapolis to Noblesville – Indianapolis Business Journal
The Justus Cos., a real estate development firm that has been based in Indianapolis for 114 years, plans to relocate its headquarters to Noblesville, the city announced Tuesday.
The firm plans to construct a $7.3 million, 20,000-square-foot building that will house executives, IT professionals, accountants and employees in regional operations, marketing and communications, human resources, construction and administrative support.
The Justus Cos., 1398 N. Shadeland Ave., will relocate its 23 employees to the two-story office building. It will also hire five new full-time employees by 2035 with an average salary of $72,000, according to an economic development agreement.
The building will be located on an 11-acre property at the firm’s Promenade of Noblesville development at the northeast corner of Little Chicago Road and State Road 32. The Justus Cos. will invest $5 million in the building.
Economic Development Director Andrew Murray told members of the Noblesville City Council on Monday night that The Justus Cos. will occupy about 17,000 square feet of the building. A future tenant will fill the remaining 3,000 square feet, Murray said.
A construction schedule for the office building has not yet been determined. Designs for the building will go through the city’s approval process.
The Noblesville City Council voted unanimously on Tuesday to approve an economic development agreement and designate an economic revitalization area for The Justus Cos.
The economic development agreement includes a tax abatement plan that will reduce real property taxes on the headquarters by 80% over the next 10 years. The city will also provide the lesser of $25,000 or 50% of road impact fees assessed against the project.
“We are grateful to [CEO] Walt Justus and his team at The Justus Companies, for putting their trust and investment in the City of Noblesville as the future home of their headquarters,” Mayor Chris Jensen said in written remarks. “They parallel our commitment in making long-term investments in our residents and placing importance on being a community where everyone can work, live, and play.”
The Justus Cos. has been planning Promenade at Noblesville since it acquired the property in 2013 from Equicor Development Inc.
Promenade Apartments, which opened in 2020, has 15 apartment buildings with 300 studio, one-, two- and three-bedroom units at the northeast corner of State Road 32 and Little Chicago Road.
The developer in 2022 also announced Midwestern retail giant Meijer Inc. will build a 90,000-square-foot grocery store at the Promenade at Noblesville. The store is expected to open this summer.
Construction on Promenade Trails, a 55-and-older active-adult community, is also nearing completion at the northwest corner of State Road 32 and Little Chicago Road in Noblesville.
Guy Justus founded the firm now known as The Justus Cos. as Justus Contracting Co. in 1910 on the east side of Indianapolis, according to the company’s website.
During the 1940s, the company installed sidewalks and streets and constructed nearly every house from 10th Street to 16th Street and from Emerson Avenue to Ritter Avenue on the city’s east side.
The firm also built the first Marriott Hotel in Indiana on the east side of Indianapolis in 1973 and later focused on constructing apartments, condominiums and senior communities in the city.
Walt Justus became the fourth-generation president of the company in 1987.
The firm expanded into Carmel when it built the Westwood Estates in 2005, Liberty Row Townhomes in 2008 and The Bridgewater Apartments in 2015.
IndyGo serves 22,000 riders daily who rely on it for jobs and healthcare. The funding is voter-approved and separate from road budgets.
IndyGo paratransit services have possible 57% rate hike
Ryan Malone appreciates IndyGo paratransit rides. He has vision impairments and MS. He talks about the rides and the proposed 57% fare increase.
The April 14 letter titled, “Indianapolis doesn’t prioritize pothole repairs” raises a fair frustration shared by many drivers, but it misrepresents priorities, ignores dedicated funding streams, cherry-picks numbers and overlooks how IndyGo delivers broad, measurable value that helps roads and the city overall.
The 2026 Indianapolis city budget directs unprecedented funding to roads. The Department of Public Works’ most recent capital plan included $218 million for transportation infrastructure in 2026, in addition to key investments in additional snow removal and road maintenance equipment. DPW’s transportation capital funding has nearly tripled since 2016. Since that time, the city has resurfaced 1,279 lane miles and strip-patched 1,169 more.
The city is prioritizing basics; roads got a massive boost even with tighter revenues.
The state funding formula has disadvantaged Indianapolis by using two-lane road mileage and ignoring urban complexity. But House Enrolled Act 1461 shifts to a lane-mile formula and provides $50 million extra annually to Marion County — and state law restricts those funds to construction and reconstruction of local streets.
There are several points aimed at IndyGo that are worth correcting and adding important context the public should understand about this critical city service.
The claim that IndyGo’s $432 million budget “could go a long way toward streets” is the most misleading. The 0.25% income tax was voter-approved in 2016 — with nearly 60% voting yes — specifically and exclusively for public transit. These locally raised dollars leverage up to a 400% federal match, multiplying their impact several times over and ensuring Indianapolis captures funding that would otherwise go elsewhere. Diverting them would break a voter promise.
The “less than 2% uses the bus” stat is a classic distortion. IndyGo’s 2025 ridership included 6.7 million trips, or nearly 22,000 riders Monday through Friday. Transit serves disproportionately low-income, senior, disabled and car-free residents who rely on it for jobs, healthcare and school. It isn’t a luxury — it’s mobility infrastructure.
Public transit isn’t in competition with roads; it complements them. Every $1 invested in public transit generates $5 in broader economic activity. The Red Line alone delivered more than $7 per $1 invested, and IndyGo’s BRT network has already attracted more than $1.2 billion in corridor development.
By completion of the Blue Line, IndyGo will have paved more than 90 miles of Indy streets and built or repaired more than 1,300 ADA ramps. Nearly 7 million riders take cars off the road — fewer vehicles mean less congestion and less wear-and-tear on pavement, directly reducing potholes.
Potholes are real, but scapegoating IndyGo distracts from the actual balanced progress underway. Indianapolis is a world-class city with a great future, and the best is yet to come.
Richard Wilson is treasurer of the IndyGo Board of Directors.
WEST LAFAYETTE, Ind. (WISH) — Purdue University has received a $20 million commitment from the Ricks Family Foundation to establish the Purdue Institute for Healthcare Systems Innovation at the Indianapolis campus.
The institute in the Mitch Daniels School of Business aims to improve health care efficiency and effectiveness, the university said in a news release issued Wednesday afternoon.
Dr. Christina Ricks and her husband, David A. Ricks, the chair and CEO of pharmaceutical giant Eli Lilly and Co., are the primary leaders of the foundation.
James “Jim” Bullard, a dean for the Daniels School of Business, said in the release, “Considering the health care situation in the U.S. today, there is a clear need for rigorous, market-informed research that challenges conventional thinking and drives new solutions. This institute will allow Purdue to lead that work and make a lasting difference.”
As Purdue works to develop its relatively new Indianapolis campus, the university recently announced that plans for a 12-story apartment building on recently acquired canal property in Indianapolis are now on hold as the university develops its campus, Mirror Indy reported.
This story was formatted for WISHTV.com using AI-assisted tools. Our editorial team reviews and edits all content published to ensure it meets our journalistic standards for accuracy and fairness.
INDIANAPOLIS — A woman was critically injured in a shooting on the northeast side of Indianapolis Tuesday night.
According to the Indianapolis Metropolitan Police Department, officers were called to the 5500 block of East 41st Street around 8:45 p.m. to investigate a shooting. When police arrived at the scene, they located an adult female with injuries consistent with gunshot wounds.
Per IMPD, the victim was transported from the the scene to a local hospital in critical condition. Police reported that hospital staff later provided them with an update that indicated the victim remains in critical condition.
Investigators believe the shooting occurred inside a residence on 41st Street. One shell casing was found in the front yard of that residence near its driveway. Police do not believe that stray shell casing is related to the shooting in any way.
Law enforcement detained a person of interest during its investigation of the shooting. IMPD has not yet provided any of the detainee’s identifying information like sex, age or name.
Police do not believe the shooting poses any ongoing threat to the public. Investigators are, however, still encouraging area residents to call IMPD at (317) 327-3475 or Crime Stoppers of Central Indiana at (317) 262-8477 to pass along any information they may have on the shooting.
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