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Indiana budget panel to consider $88M to expand LEAP District plans

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Indiana budget panel to consider M to expand LEAP District plans


INDIANAPOLIS (WISH) — The State Budget Committee on Tuesday will consider spending $88 million to expand a Boone County development project that’s expected to include a research facility for Indianapolis-based pharmaceutical giant Lilly.

The committee’s meeting will come days after Lilly announced it plans to more than double its investment in the research facility. The facility will be part of the Limitless Exploration/Advanced Pace (LEAP) Research and Innovation District in the city of Lebanon.

The state government’s Indiana Economic Development Corp. has asked the committee to “repurpose” $59 million of the $100 million previously allocated to an effort with the code name “Project Nora.” The money would be used to buy another 2,500 acres to support three unspecified projects for the LEAP district. Once the state buys the land, it will be resold to the investors.

The development corporation also wants to “repurpose” $29 million of the $100 million previously allocated to “Project Nora” for road and utility work and other infrastructure to support five projects, including the Lilly facility, in the LEAP district. The other four projects were not specified.

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The two “repurpose” proposals are listed as coming from the Deal Closing Fund of the state’s General Fund.

David Ricks, chair and chief executive officer of Lilly, said May 24 during the Indiana Global Economic Summit that the pharmaceutical company was expanding its spending on the Boone County project by $3.5 billion. That would bring Lilly’s total investment to $9 billion.

In May 2022, Lilly first announced its plans to invest $2.1 billion and create up to 500 new jobs in Lebanon. At the Lebanon groundbreaking in April 2023, Lilly announced an additional $1.6 billion investment and 200 new jobs at the Boone County site.

The larger Lilly facility is expected to create what has been called nearly 1,000 “high-wage” jobs in Boone County.

The latest “repurpose” proposals going before the budget committee note the state’s investments will “result in tens of billions of dollars in capital investment and nearly 10,000 jobs being created in the coming years.”

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The LEAP project has drawn criticism for a proposal to draw water from other parts of west-central Indiana and move it to the district. As a result, in November, Gov. Eric Holcomb called for more data collection on the proposal to draw and move water. That data effort was expected to be completed in autumn 2024.

The budget committee will meet starting at 9 a.m. Tuesday in Senate Appropriations Room 431 of the Indiana Statehouse in downtown Indianapolis.

Below is from a document of the development/concept plan for the first phase of the LEAP Project in Boone County, Indiana. (Provided Image/Lebanon City Council.

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Indiana

Where is Indiana basketball ranked going into the Battle 4 Atlantis?

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Where is Indiana basketball ranked going into the Battle 4 Atlantis?


BLOOMINGTON — Indiana basketball heads to the Bahamas as a top 15 team.

The undefeated Hoosiers (4-0; 0-0) jumped three spots in the latest USA TODAY Sports Men’s Basketball Coaches Poll to No. 15 and two spots in the latest AP Poll to No. 14. They spent nine weeks ranked in the top 15 of the AP Poll during the 2022-23 season.

Indiana will compete in the Battle 4 Atlantis this week starting with a game at noon on Wednesday against Louisville. No. 4 Gonzaga and West Virginia are on the same side of the bracket and No. 23 Arizona is also among the teams in the field.

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The tournament is IU’s only chance to pick up any wins away from Assembly Hall during its non-conference schedule.

Indiana beat Louisville, 74-66, in last year’s Empire Classic. The Cardinals parted ways with Kenny Payne and hired Pat Kelsey as his replacement. They head into the event 3-1 this season — they suffered a 22-point loss to a Tennessee team that IU defeated in a pre-season exhibition — without a single returning player in their starting lineup.

The Hoosiers have won all four of their games by double-digits and averaging more than 80 points per game with four of their five starters — Mackenzie Mgbako (18.8 points per game), Myles Rice (14.8), Malik Reneau (13.5 points) and Oumar Ballo — averaging in the double-digits.

Michael Niziolek is the Indiana beat reporter for The Bloomington Herald-Times. You can follow him on X @michaelniziolek and read all his coverage by clicking here.

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How to Watch: Louisville Cardinals vs. Indiana Hoosiers

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How to Watch: Louisville Cardinals vs. Indiana Hoosiers


LOUISVILLE, Ky. – Following a four-game home stand to open up the 2024-25 season, the Louisville men’s basketball program is heading back to The Bahamas to participate in the Battle 4 Atlantis, and will kick off the event against regional rival Indiana.

The Pat Kelsey era of the Cardinals is off to solid start, although they have played imperfect basketball during their 3-1 start to the season. They’re averaging 81.0 points per game and have a 18.3 scoring margin, but have shot just 29.4 percent from deep on the year, and lost by 22 to Tennessee in their lone game vs. a power conference team.

As for the Hoosiers, they’re off to an undefeated start in year four under head coach Mike Woodson. All of their games have been won by at least double figures, including an 87-71 victory over South Carolina. Mackenzie Mgbako is leading the charge for IU with 18.8 points per game.

This will be the 22nd all-time regular season meeting between Louisville and Indiana, with the Hoosiers owning a 12-9 advantage. IU has won the last two matchups against UofL, including a 74-66 decision back on Nov. 20, 2023 in their last matchup in the Empire Classic.

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(Photo of Chucky Hepburn: Jamie Rhodes – Imagn Images)

You can follow Louisville Cardinals On SI for future coverage by liking us on Facebook, Twitter/X and Instagram:

Facebook – @LouisvilleOnSI
Twitter/X – @LouisvilleOnSI
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You can also follow Deputy Editor Matthew McGavic at @Matt_McGavic on Twitter/X





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New Orleans takes on Indiana, seeks to end 4-game slide

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New Orleans takes on Indiana, seeks to end 4-game slide


Associated Press

New Orleans Pelicans (4-13, 15th in the Western Conference) vs. Indiana Pacers (7-10, ninth in the Eastern Conference)

Indianapolis; Monday, 7 p.m. EST

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BETMGM SPORTSBOOK LINE: Pacers -5.5; over/under is 228

BOTTOM LINE: New Orleans heads into the matchup against Indiana as losers of four straight games.

The Pacers are 5-2 in home games. Indiana ranks fifth in the league with 17.0 fast break points per game led by Bennedict Mathurin averaging 4.5.

The Pelicans have gone 1-7 away from home. New Orleans averages 14.2 turnovers per game and is 3-4 when turning the ball over less than opponents.

The Pacers are shooting 48.7% from the field this season, 0.2 percentage points higher than the 48.5% the Pelicans allow to opponents. The Pacers average 103.8 points per game, 14.3 fewer points than the 118.1 the Pacers allow to opponents.

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TOP PERFORMERS: Pascal Siakam is averaging 20.9 points, 6.4 rebounds and 3.8 assists for the Pacers.

Brandon Ingram is scoring 22.9 points per game and averaging 5.8 rebounds for the Pelicans.

LAST 10 GAMES: Pacers: 4-6, averaging 111.7 points, 38.9 rebounds, 26.1 assists, 9.0 steals and 5.0 blocks per game while shooting 47.7% from the field. Their opponents have averaged 115.5 points per game.

Pelicans: 1-9, averaging 100.2 points, 42.7 rebounds, 23.0 assists, 7.8 steals and 4.5 blocks per game while shooting 42.7% from the field. Their opponents have averaged 114.7 points.

INJURIES: Pacers: Aaron Nesmith: out (ankle), Andrew Nembhard: out (knee), Isaiah Jackson: out for season (calf), James Wiseman: out for season (calf), Ben Sheppard: out (oblique).

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Pelicans: Zion Williamson: out (hamstring), Yves Missi: day to day (shoulder), CJ McCollum: day to day (thigh), Herbert Jones: out (shoulder ), Dejounte Murray: day to day (hand), Jose Alvarado: out (hamstring).

___

The Associated Press created this story using technology provided by Data Skrive and data from Sportradar.




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