MichaelDabney

Recent Articles

Expectations high as Economic Club opens season: Group sees turnaround in sponsorships, attendance

September 15, 2008
Organizers of the Economic Club of Indiana believe they'll hit a home run when their first speaker of the season, Eli Lilly and Co.'s new CEO, John Lechleiter, steps to the podium Sept. 24. "I believe John Lechleiter will blow the socks off the place," predicted Steve Walker, who serves as club president and also is CEO of WalkerInformation. Just a few years ago, club organizers weren't in a position to be so upbeat. Early this decade, the club witnessed...
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Westfield hopes to draw business farther north: New development could reduce residential tax rates

January 21, 2008
Back when they arrived in 1996, there were lots of open spaces and taxes were low, Jones said. "Overall, it was a good place to live," he said. Jones said he still loves living in Westfield, which is 20 miles north of Indianapolis. But he admits things are changing, which is a double-edged sword. Eight years ago, according to the U.S. census, Westfield had just 9,300 people. Now, it's a rapidly growing city with a population of 24,000, an increase...
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Malls are 'soft targets' for terrorism, experts say: Risks aren't scaring away holiday shoppers

December 17, 2007
The deadly shooting spree at a Nebraska mall this month highlighted a challenge confronting Simon Property Group Inc. and other shopping center operators: how to protect their properties from violent acts, or even terrorism, while also leaving them welcoming to shoppers. Most retail real estate owners have ramped up security since the 9/11 terrorist attacks, though experts say shopping centers, like schools, remain "soft targets" for terrorism. "Shopping center owners have been very concerned about security for their patrons for...
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Kits & Kaboodle founder back at it with Mass Ave store

December 3, 2007
Local-toy-store veteran Natalie Canull is now operating a bustling store on Massachusetts Avenue that's narrowly focused on upscale toys--a niche that keeps her out of the path of mass-market heavyweights like Toys "R" Us and Wal-Mart.
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Gatorade inventor's death recalls local links: Stokely-Van Camp launched sports drink here in 1960s

December 3, 2007
Gatorade's inventor, Dr. J. Robert Cade, who died Nov. 27 in Gainesville, Fla., left a legacy in Indianapolis that stretches back four decades to the birth of the multibillion-dollar sports drink industry. The invention became a blockbuster product for an Indianapolis-based company and spawned the creation of an Indianapolis-based trust that has doled out tens of millions of dollars in royalties to inventors and other beneficiaries. The city continues to get an economic jolt from Gatorade, with nearly 500 local...
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Glut of local golf courses puts squeeze on owners: Demand has never quite met expectations

November 12, 2007
Tiger Woods, the world's No. 1 golfer, has been great for the sport. But he has not helped attract enough players to the game here and across the country to keep pace with the numbers who are stepping away because of age. That means many local golf course owners are closing the books on another tough season. Some area owners have seen the number of rounds played decline 40 percent since 2000. Golf course values here, meanwhile, have slid about...
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Sellers waiting for recovery in area housing market: Economist expects another nine months of 'slow going'

October 29, 2007
Melinda and Brooks Bertl know the ups and downs of the current real estate market-personally. They started looking for a home to buy this spring and it took them only two weeks to find one they liked in Carmel. "I guess we knew what we wanted and found it. And the house had been on the market for some time," said Melinda Bertl, indicating the sellers were ready to make a deal. They bought the house and moved into it....
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Noble Roman's rebuilds empire through franchising

August 20, 2007
Noble Roman's Inc. stock this year has been rising nearly as fast as its pizza dough, defying skeptics who'd written off the long-ailing Indianapolis company. With a new business strategy built on franchising and dual-branded restaurants, Noble Roman's has seen quarter-to-quarter earnings increase for more than two years.
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Housing advocate seeing upswing: Mortgage market woes boost INHP participation

July 30, 2007
Al Smith of Chase Bank doesn't know Patricia Wells, but he is glad he was able to help the Indianapolis mother of five, if only indirectly. Wells closed on the purchase of a house on East Washington Street three months ago, thanks in no small part to two programs of the Indianapolis Neighborhood Housing Partnership, a two-decade-old not-for-profit that has helped hundreds of families realize the American Dream of homeownership. "I'm a single mother with five kids and I didn't...
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Butler class to invest university endowment money

July 23, 2007
When a Butler University finance class starts investing in the stock market this fall, it won't be Monopoly money that's on the line. In a three-year pilot program that is unique for a school of Butler's size, a group of senior finance students will use $1 million from the university's endowment fund to invest.
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Glut of million-dollar houses driving prices down

June 11, 2007
Buyers in the market for million-dollar homes can afford to be choosy these days, as the softness in the overall market extends to the high end, real estate agents say. Through the first quarter of this year, home sales in the 13-county Indianapolis area fell nearly 12 percent, according to the Metropolitan Indianapolis Board of Realtors.
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Part-time manager experiment working: Pilot program could be expanded beyond Indianapolis

May 29, 2006
The bell outside Michael Goldberg's office rang, and the OmniSource Marketing executive exchanged a knowing glance with part-timer Rob MacDonald. One of the company's 17 sales representatives had just closed a deal. And MacDonald deserved some of the credit, since he has managed OmniSource's sales force for about a year-working four hours a day twice a week. It's a concept MacDonald developed as part of his full-time job at Sales Team, an Indianapolis-based consulting firm. The aptly named Part-Time Sales...
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  1. Doug Henning!

  2. These guy were thugs — they grew up in freaking Haughville! Smh, sigh. If the mayor needs/wants "quality" Black Hoosiers who are NOT corrupt, give me a call — I know plenty. Land bank info here - http://www.kubepharm.com/indylandbank/IndyLandBank.html

  3. Magician and illusionist!

  4. The basic idea of nice apartments with parking and retail is a good one, but this design seems overwhelmingly big/tall for Broad Ripple. The size could be disguised a bit with lots of big trees/landscaping, but the complex is too massive to blend in easily. That section of canal between College and Westfield will also need to be upgraded on both sides. Nice apartments facing onto a nice promenade with shade trees/plantings could bring together the canal towpath/Monon recreation, the outdoor seating at existing restaurants, and this project into something that upgrades the whole area. A plan for the whole stretch makes more sense than facing nice new housing onto what looks like a ditch. Is there a plan? Does the public have input? Who pays? The apartment idea seems to be reasonable, but Whole Foods is not a good idea for appropriate retail. Besides the store being physically too big, there are already Fresh Market at 54xCollege and Whole Foods in Nora for fancy groceries. Good Earth and Kroger are within walking distance of the Shell site. There are at least 7 grocery stores within a safe bike ride. Whole Foods would add nothing but traffic congestion. This design is on the right track, but there needs to be more work done to ensure that it blends in with and enhances the existing community. A project that large will set a tone for that whole part of town. It could be a real asset, but only if done right.

  5. I did not move to Zionsville to live in Carmel. This and the subsequent developments to follow will ensure a vanilla uniformity of strip malls and apartment buildings as we seek to bring our town down to the least common denominator. We were warned before recent elections that pro-development council members would make sure their friends (landowners and developers) would be able to make their millions off of the exploitation of Zionsville. Why in God's name would we sell out the best preserved small town in the State of Indiana?

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