IBJBlogs

Property Lines
Scott Olson
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IBJ Lou Harry's A&E Blog
Lou Harry
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The Score
Anthony Schoettle
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North of 96th
Andrea Muirragui Davis
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The Dose
J.K. Wall
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Recent Blog Posts

Another indoor facility in the works for Grand Park

Andrea Muirragui Davis
September 23, 2014
Comment(1)
The city of Westfield and the development team bringing its Grand Park Sports Campus to life unveiled plans Tuesday for a second year-round venue at the 400-acre complex.
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Critics react to 'Spamalot' cancellation

Lou Harry
September 19, 2014
Comments(3)
A high school in Pennsylvania nixed a production of the Monty Python musical due to "homosexual themes."
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Sunrise neighbors worried about traffic, density

Andrea Muirragui Davis
September 19, 2014
Comments(7)
Neighbors of the former Sunrise Golf Club property along the Monon Greenway in Carmel aren’t sold on a redevelopment plan that calls for building 149 custom homes and up to 265 apartments on the 78-acre site.
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What if hospitals 'upcharged' you for being fat?

J.K. Wall
September 19, 2014
Comments(2)
As local hospitals try to offer package deals with upfront prices on joint replacement surgeries, they're struggling with the reality that patients' other health conditions can significantly increase their cost of care.
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Heartland Film Festival surprises

Lou Harry
September 18, 2014
Comment(1)
When the fest announces its schedule, eyebrows may well be raised from those who think "truly moving pictures" is synonymous with "wholesome PG fare."
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Roundup: Downtown brewery on tap; distillery opens; Italian restaurant returns

Scott Olson
September 18, 2014
Comments(20)
Round Town Brewing Co. has plans to open downtown, while Hotel Tango Whiskey has begun serving in Fletcher Place. Also, it's official: Sangiovese Ristorante is moving to Ironworks.
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Moving date set for historic house in Fishers

Andrea Muirragui Davis
September 18, 2014
Comments(17)
A 153-year brick house in Fishers saved from the wrecking ball this summer will move a half-mile north next month, organizers said Wednesday.
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ABA making another run at Indy market

Anthony Schoettle
September 17, 2014
Comments(6)
With a little help from the Shriners, the Indy Naptown All Stars are confident they can sellout their 16 regular season home games at Tech High School. The team's home opener is already well on its way.
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  1. Cramer agrees...says don't buy it and sell it if you own it! Their "pay to play" cost is this issue. As long as they charge customers, they never will attain the critical mass needed to be a successful on company...Jim Cramer quote.

  2. My responses to some of the comments would include the following: 1. Our offer which included the forgiveness of debt (this is an immediate forgiveness and is not "spread over many years")represents debt that due to a reduction of interest rates in the economy arguably represents consideration together with the cash component of our offer that exceeds the $2.1 million apparently offered by another party. 2. The previous $2.1 million cash offer that was turned down by the CRC would have netted the CRC substantially less than $2.1 million. As a result even in hindsight the CRC was wise in turning down that offer. 3. With regard to "concerned Carmelite's" discussion of the previous financing Pedcor gave up $16.5 million in City debt in addition to the conveyance of the garage (appraised at $13 million)in exchange for the $22.5 million cash and debt obligations. The local media never discussed the $16.5 million in debt that we gave up which would show that we gave $29.5 million in value for the $23.5 million. 4.Pedcor would have been much happier if Brian was still operating his Deli and only made this offer as we believe that we can redevelop the building into something that will be better for the City and City Center where both Pedcor the citizens of Carmel have a large investment. Bruce Cordingley, President, Pedcor

  3. I've been looking for news on Corner Bakery, too, but there doesn't seem to be any info out there. I prefer them over Panera and Paradise so can't wait to see where they'll be!

  4. WGN actually is two channels: 1. WGN Chicago, seen only in Chicago (and parts of Canada) - this station is one of the flagship CW affiliates. 2. WGN America - a nationwide cable channel that doesn't carry any CW programming, and doesn't have local affiliates. (In addition, as WGN is owned by Tribune, just like WTTV, WTTK, and WXIN, I can't imagine they would do anything to help WISH.) In Indianapolis, CW programming is already seen on WTTV 4 and WTTK 29, and when CBS takes over those stations' main channels, the CW will move to a sub channel, such as 4.2 or 4.3 and 29.2 or 29.3. TBS is only a cable channel these days and does not affiliate with local stations. WISH could move the MyNetwork affiliation from WNDY 23 to WISH 8, but I am beginning to think they may prefer to put together their own lineup of syndicated programming instead. While much of it would be "reruns" from broadcast or cable, that's pretty much what the MyNetwork does these days anyway. So since WISH has the choice, they may want to customize their lineup by choosing programs that they feel will garner better ratings in this market.

  5. The Pedcor debt is from the CRC paying ~$23M for the Pedcor's parking garage at City Center that is apprased at $13M. Why did we pay over the top money for a private businesses parking? What did we get out of it? Pedcor got free parking for their apartment and business tenants. Pedcor now gets another building for free that taxpayers have ~$3M tied up in. This is NOT a win win for taxpayers. It is just a win for Pedcor who contributes heavily to the Friends of Jim Brainard. The campaign reports are on the Hamilton County website. http://www2.hamiltoncounty.in.gov/publicdocs/Campaign%20Finance%20Images/defaultfiles.asp?ARG1=Campaign Finance Images&ARG2=/Brainard, Jim

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