Economic development Blog Posts

Hosting another Super Bowl could deliver diminished return

February 6, 2012
Comments(9)
There's a thought that Indianapolis could win another Super Bowl bid as early as 2018 or 2019. But should Indianapolis pursue the big game again after the way this week turned out?
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Tebow could give Indy a huge economic lift

December 12, 2011
Comments(5)
If the Denver Broncos somehow make it to the Super Bowl at Lucas Oil Stadium Feb. 5, TV viewership for the event will likely be a record high. Throw in undefeated Green Bay as the opponent, and Indianapolis will be the epicenter of a global media frenzy.
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Penn State could sully inaugural Big Ten Football Championship

November 21, 2011
Comments(21)
You have to wonder how many Big Ten and Indianapolis tourism officials will be rooting hard for Wisconsin this weekend when the Badgers play Penn State at Madison.
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Manning injury could sack Colts stores' sales

September 9, 2011
Comment(1)
Local company that manages Colts merchandise sales operations isn't sure what to expect, but is hopeful the sale of 2012 Super Bowl items will make up for any declines.
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Mini Marathon plagued by same problem as IndyCar Series

May 9, 2011
Comments(24)
Bringing in some top American running talent, like the charismatic Ryan Hall, could make the Indianapolis 500 Festival Mini Marathon a much bigger spectator event.
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John Force for mayor?

August 25, 2010
Comments(4)
NHRA drag race champion said local city, county and state officials have helped his operation expand in Indiana, while California officials have chased his business off. He said he loves it here so much, he may run for office.
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2012 Super Bowl, tainted or not, already paying off big

August 11, 2010
Comments(8)
There's one main reason Indianapolis was chosen by the Big Ten to host its inaugural football championship game over a handful of other cities that were clamoring to host the event.
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CIB, Pacers dancing toward a new Fieldhouse lease deal

May 11, 2010
Comments(7)
Newly released economic impact study gives city officials hammer they need to pound out a deal, and hopefully win some taxpayers' support.
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Butler's march could cost city businesses $7.5 million

March 29, 2010
Comments(16)
Butler's triumph has likely eliminated some of the direct visitor spending the city would have seen if Syracuse or Kansas State would have made it to Indy for this year's Final Four. But corporate excitement could wipe away that loss.
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Questions remain about Big Ten tournament's future in Indy

March 16, 2010
Comments(8)
Despite a 20 percent attendance increase at this year's men's Big Ten tournament at Conseco Fieldhouse, there are still cities looking to steal the event from Indianapolis.
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Colts fans howling over bar manager's barbs

January 15, 2010
Comments(23)
Colts fans threatening boycott after Howl at the Moon manager invites Ravens fans to come party in Indianapolis. Blue Crew thinks invite was laced with insults to Indy.
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Still no lease deal done for 2010 Final Four

January 6, 2010
Comments(4)
With less than three months until March Madness tips off, the NCAA and city's Capital Improvement Board are still trying to work out a lease deal to hold the event at Lucas Oil Stadium April 3 and 5. The CIB's overhaul is slowing talks, but the board's new president promises to get the issue on the front burner.
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Whiskey is flowing at baseball winter meetings

December 10, 2009
Comments(4)
There's more than free shots of whiskey at the annual winter baseball meetings held this week at the Indiana Convention Center. There's a song and dance man wearing nerd glasses and another who does amazing things with a saw and sander.
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Drag racer John Force driven by Dunkin Donuts

October 1, 2009
Comments(4)
John Force is pleased to be growing his Brownsburg facility. He said central Indiana has everything a National Hot Rod Association team could want. But nothing makes him happier than the new Dunkin Donuts there.
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Temperature remains issue in LOS

August 26, 2009
Comments(17)
Two Indianapolis Colts pre-season games in the August heat have done little to cool down the questions surrounding climate control at Lucas Oil Stadium.
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World Cup could be windfall for Indy

August 21, 2009
Comments(8)
Eleven sites were cut from consideration for the United States' 2018 and 2022 World Cup Soccer bid, but Lucas Oil Stadium is still in the hunt.
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Watson boosts Crooked Stick event

July 20, 2009
Comments(2)
Tom Watson’s near British Open Victory yesterday has sent ticket sales skyward for the U.S. Senior Open hosted by Crooked Stick Golf Club in Carmel July 27-Aug. 2. Watson will be one of the headliners of...
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Natatorium future looking brighter

July 9, 2009
Comments(0)
The large crowds and deafening roar at the Natatorium this week, the world record and of course the presence of Michael Phelps almost makes you forget the downtown swim facility needs work—millions of...
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Velodrome event rolls out of Indy

June 18, 2009
Comments(3)
An 11th hour deal to keep this year’s USA Cycling Masters Track National Championships at the Major Taylor Velodrome has fallen flat, and the event has been moved to Colorado Springs. The track championships were...
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LOS makes World Cup cut

June 16, 2009
Comments(11)
Lucas Oil Stadium has made the short list for the 2018 and 2022 FIFA World Cup soccer tournament. Well, the one-year-old retractable-roof stadium actually made a shortened list. The list this week of possible...
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Handmade bike show rides away

May 14, 2009
Comments(5)
North American Handmade Bicycle Show, we barely knew ya. After one year in Indianapolis, the unique event—which drew 150 exhibitors and 7,200 attendees to Indianapolis Feb. 27-March 1—is vacating for Richmond, Va. The...
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Velodrome future in limbo

May 11, 2009
Comments(8)
While the Marian College cycling team has been off hunting national championships in Colorado, school officials’ plan to manage the Major Taylor Velodrome has not yet won support from Indy Parks. Marian College officials...
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LOS may score World Cup windfall

April 24, 2009
Comments(13)
Indianapolis is in the running to host Word Cup soccer games in 2018 and 2022. It’s a long, long way from a done deal, but two things are certain. First, Indianapolis...
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NFL schedule not kind to Lucas Oil

April 17, 2009
Comments(14)
At first glance the Indianapolis Colts schedule looks pretty good for all concerned. Forrest Lucas, founder of the oil company that put its name on the Colts one-year-old stadium, called the team’s 2009...
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CIB solution is simple, a bit scary

April 14, 2009
Comments(21)
It may seem absurd. No, scratch that, it does seem absurd. But there’s a simple solution to solve the Capital Improvement Board’s $47 million budget shortfall. Legalized sports gambling. That proposal won’t see the...
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  1. Members must realize if you stop paying your dues you will lose. Why else would your employer honor the rtw bill. Before you take this step think about what you may be giving up in the long run. Very little of your dues money goes to any dem candidate. YOu will never know how much your republican employer gives his party with money he could be paying the employee. Who will step up and demand better wages or benefits if you have no representation. Union is the way for a better life. Our carpenter union offers a 4 year apprenticeship and 2 year degree from Ivy Tech all paid for with union dues . This is a great opportunity for kids who cant afford schooling after high school. The same opportunity is there for any person,any age, either sex to provide a better living for their family. Pension, anuity, health insurance all for your dues. How is this a bad choice.

  2. The FDIC is funded by assessments paid by banks, not taxpayers. That is not to say that bank customers don't ultimately pay the cost because, in the end, banks don't survive if they don't make profits.

  3. SCB Bank's failure is expected to cost the government $33.9 million,dont you mean middle class another bailout our government has no money

  4. Diogenes, the company did not call "pro-life" statements inflammatory. The IBJ article used the words "pro life."

    All, the company did, is what it should do which is apologize profusely for offending people with a program that offered statements that support an infamous apartheid proponent, Dr. Verwoerd, suggest that sometimes rape is justified, and quote Biblical text to people, not looking for it.

    If this is what you think is "insanity" then more companies need to behave insanely.

  5. I totally disagree with $45mil being given to the state Attorney General's office. That money is a waste. All of the money should go to help the homeowners & the people who were foreclosed on. Why such a big percentage to state govt? They'll get to start another agency staffed with people who have new-found power & don't care about the people they serve. As soon as the program was announced, I knew the states would end up with a huge chunk of the money for themselves that would just be squandered. Or maybe Mitch Daniels will just happen to "find" another big chunk of money that was "posted in the wrong section of the state's books."

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