IBJNews

2014 Forty Under 40: Adam Hill

Lou Harry
February 1, 2014
Back to TopCommentsE-mailPrintBookmark and Share

hill_adam_1col.jpg (IBJ Photo/Aaron P. Bernstein)

Giving up the bottles: Until 2013, Hill ran not only the real estate development firm LOR Corp., but also United Package Liquors—both founded by his grandfather Leon Riggs, aka Pop. “I spent countless hours by myself in my office thinking, ‘Is this the right decision?’”

Consensus: United Package Liquors’ acquisition last year by Bloomington-based Big Red Liquors was the right decision.

Building boom: Hill and LOR are now focused on building a three-story mixed-use building (with Chipotle at its base) in Broad Ripple. It also recently acquired the 82nd Street former location of Lifestyle Fitness, which will house Fresh Thyme Farmers Market among other businesses. Of course, “There are always a few others in the hopper.”

Called to the bar: “I wasn’t sure what I wanted to do after graduating college,” said Hill, who was a first-team All-American point guard and conference player of the year at Huntington University. But while sitting in a computer lab as a junior, he got a call from Pop. “He wasn’t a big phone talker. He just said, ‘I think you should go to law school.’ And he hung up.” Two months later, Hill called his grandfather back and announced he was going to Indiana University's Robert H. McKinney School of Law in Indianapolis.

AGE 32
Hometown: Selma

Family: single

Family matters: Hill practiced law for a few years but in 2010 joined LOR, again sparked by a conversation with Riggs. In the first week or two at LOR, Hill thought things would be easier. “What I found is that I spend significantly more time and more effort and energy for the family business than I did practicing law. I’m trying to carry on the legacy started by Pop. That, to me, is more motivating and more demanding than law.”

Charitable choices: Through the United Hope Foundation, $1.5 million has been raised primarily to support individuals and families facing extreme hardship. Hill, who is president of the board, also serves on the boards of Noble of Indiana and the Rehabilitation Hospital of Indiana Foundation (in honor of Pop, who was paralyzed from the waist down in an airplane crash.) “I want people to have the success and independence that Pop had his whole life,” Hill said.•

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. What became of this project? Anyone know?

  2. Scott, could you post an enlarged photo of the exterior of the building? This will be a great addition to Walnut Street. This area will only continue to develop with additions like this. Also, please give us more updates on the "Cultural Trail light" expansion. Also a great move for the city, as long as there is maintenance money set aside.

  3. Great story IBJ! Citizens don't have a real sense of the financial magnitude of supporting Indy's sports and tourism sector. The CIB was a brilliant idea for creating a highly integrated public-private partnership to support this sector from the economic activity it generates. Unfortunately, most folks think the benefits of that economic activity accrue directly to the City budget, and it doesn't. So though the CIB is facing lean times (covering its costs while maintaining minimally acceptable reserves), the City is operating with deficit - less tax revenue than expenses each year - with a very fragile reserve balance. That's why it's so challenging for the City to fund basic needs or new intitatives (e.g. pre-k education; new jail), and some credit rating agencies have downgraded Indy from it's past stellar AAA status. More reporting on City finances would be welcomed.

  4. Sure, I'll admit that it bugs me to see that the IBJ.COM censors it's blog posts almost as much as the D of I does when someone points out the falsehoods and fabrications. _____But I think it bothers me almost as much that Captain/Defender/Disciple get his yanked too. You see, those of us with a sense of integrity, humanity, compassion, and a need for fact based opinion WANT to see all of his screeds posted. It makes our point so much better than we can do it ourselves.

  5. We're conflating two very different topics. Voter fraud is a myth and excessive gun violence is all too real. I just hope rational gunowners decide to stop being shouted down by the, well, let's call them "less rational" ones.

ADVERTISEMENT