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Scott Olson
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Lou Harry
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Andrea Muirragui Davis
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J.K. Wall
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Recent Blog Posts

Retro Dunkin rendering

Cory Schouten
April 3, 2008
Comments(35)
The new Dunkin Donuts at Washington and Pennsylvania streets (reported here in November) likely will have a retro look that incorporates the old Roselyn Bakery sign. Plans call for neon signs and a stainless steel facade. What do you think?More

Where are you from?

April 2, 2008
Comments(4)
The terms we use to describe local geography are changing. â??Central Indianaâ?? is cropping up more often for television stations, Central Indiana Corporate Partnership and other organizations that extend well outside of Indianapolis. The term can sweep in as much as...
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Crean's staff has Sampson ties

Cory Schouten
April 2, 2008
Comments(7)
If Indiana University officials sought a clean break from former men’s basketball coach Kelvin Sampson, their hire of Marquette’s Tom Crean failed to do so. Two of Crean’s four assistant coaches have a...
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J.F. Wild building getting makeover

Cory Schouten
April 2, 2008
Comments(29)
A local firm has begun renovations on an historic 12-story former bank building at 129 E. Market St. Crown Property Group bought the J.F. Wild & Co. building from...
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Ribbit redux

Bruce Hetrick
April 2, 2008
Comments(2)
I was jazzed to take my kids to revisit Actors Theatre of Indiana’s “A Year with Frog and Toad” last weekend at The Children’s Museum, where a truncated version is being presented free with museum admission. Unfortunately some rights issues kept...
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Who is minding Pacers business?

Cory Schouten
April 2, 2008
Comments(5)
With former Indiana Pacers CEO Donnie Walsh, 67, set to be introduced as the New York Knicks president today at 1 p.m., several questions loom large for the Pacers front office. While the Pacers...
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Surprise: IU picks Crean

Cory Schouten
April 1, 2008
Comments(7)
Shortly after 4 p.m. today, ESPN reported that Indiana University is preparing to sign Marquette's Tom Crean, 41, as the school's next men's basketball coach. Sources close to the IU coaching search this morning did not mentioned Crean as one of...
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IU down to final four?

Cory Schouten
April 1, 2008
Comments(4)
As the NCAA hoops tournament heads down the home stretch, Indiana University appears to have its own final four—for its vacant men’s basketball coaching job. But there are a few Cinderellas that could...
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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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