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Government & Economic Development
Indiana is lucky to have toll lease
August 17, 2009
The facts are that toll increases are strictly limited
in the contract and cars using electronic tolling have had no increase and are still paying the $4.65 toll rate set in
1985, one of the lowest per-mile tolls in the nation.
MoreHigher-ed chief Lubbers is up to task
August 17, 2009
In her short tenure thus far as commissioner, she has already helped me personally with an issue I was experiencing as a law
student.
MoreBeverage firm to open Columbus plant
August 12, 2009
IBJ StaffTipton Mills, a New York specialty beverage company, announced today it will locate a plant in Columbus, Ind., creating
more than 40 jobs.
MoreCity-County Council OKs hotel tax hike
August 10, 2009
IBJ StaffThe City-County Council voted 15-14 last night to approve raising the local hotel tax from 9 percent to 10 percent in a move
intended to help the cash-strapped Indianapolis Capital Improvement Board close a $47 million operating deficit.
MoreCIB OKs budget, but awaits council vote
August 10, 2009
Scott OlsonMembers of the Indianapolis Capital Improvement Board this afternoon passed a $63 million budget for 2010 that hinges on the
City-County Council’s approval of a hike in the local hotel tax.
MoreVeolia appeals regulators' rate-hike decision
August 10, 2009
Chris O'MalleyVeolia Water Indianapolis, which manages the city’s water utility, has appealed an order issued by state utility regulators
that limited a major rate increase sought by the city.
MoreEmerging life sciences companies grabbing more in government grants
August 10, 2009
Chris O'MalleyMore emerging life science companies have found life in the form of federal
Small Business Innovation Research grants.
MoreContractors, manufacturers hope clean-energy incentives, mandates lead to more business
August 10, 2009
Chris O'MalleyFederal stimulus funds and greenhouse-gas legislation have the potential to spark a green version of the Gold Rush. Many Indiana
firms are retooling to sell products or services that are or might soon be in demand.
MoreQuest Information goes after government contracts
August 10, 2009
Chris O'MalleyQuest Information Systems does the kind of contracting where any screw-ups—even those not necessarily of its own
doing—can bring an unflattering public spotlight. The Indianapolis custom software developer works for politicians
and bureaucrats, a group many businesses seek to avoid.
MoreHamilton County Alliance spins off entrepreneurial center
August 10, 2009
IBJ StaffThe Hamilton County Alliance economic development group has spun off its Entrepreneurship Advancement Center, which serves
fast-growing startup businesses in Carmel, Fishers, Noblesville, Westfield and the rest of Hamilton County.
MorePurdue prof: 'Clunkers' could stall retail sales
August 5, 2009
Kim PuckettThe federal "Cash for Clunkers" program has opened a floodgate of car sales that President Obama
says is a much-needed boost for the economy. But retailers may feel the negative effects of America's collective investment
in new cars, predicts a Purdue Retail Institute researcher.
MoreEnerDel lands $118 million stimulus grant
August 5, 2009
Scott OlsonEnerDel, an Indianapolis-based producer of automotive lithium-ion batteries, will receive $118.5 million in a matching grant
from the federal government.
MoreLawmakers cut state tourism office's budget in half
August 3, 2009
Scott OlsonDestinations throughout Indiana no longer can count on a state marketing campaign to help drive summer crowds. Lawmakers who
passed a budget during the special session at the end of June sliced the state’s annual contribution
to the Indiana Office of Tourism Management in half—from $4.8 million to $2.4 million.
MoreIs Indiana coming out of venture capital swoon?
August 3, 2009
IBJ StaffCarmel-based Dormir LLC’s announcement July 29 of $12 million in venture financing was the second local life sciences
deal announced in July. It could suggest a turnaround from a woeful second-quarter performance, when Indiana life
sciences firms announced zero venture capital deals.
MoreToll-road lease tumbles in value
August 3, 2009
Peter SchnitzlerGov. Mitch Daniels expected his unprecedented $3.8 billion Indiana Toll Road lease to last 75 years. It may be tested after
just three.
MoreState unveils $31M tuition-funding program
July 30, 2009
J.K. WallGov. Mitch Daniels failed to get the legislature to bite on his plan to lease out the Hoosier
Lottery in order to pay for two-year college scholarships. So he's now he's using $31 million in federal stimulus funds
to create a similar program for about 9,000 Hoosiers.
MoreFEIGENBAUM: Historic milestone in gambling industry approaches
July 27, 2009
Ed FeigenbaumIndiana has made billions on gambling in nearly two decades, funding key programs, cutting excise and property taxes, and
avoiding tax hikes. The state has seen more than $2 billion in investment without any government incentives,
and more dollars committed in our history than by any industry outside of steel, power and autos.
MoreBattered manufacturing towns hungry for food processors
July 27, 2009
Kathleen McLaughlinEconomic development officials like the stability of the food business, though wages typically are mediocre.
MoreIndianapolis-Marion County Public Library on pace for record year
July 27, 2009
IBJ StaffA growing number of Indianapolis residents are making the most of their public library system. The Indianapolis-Marion
County Public Library system says it’s on pace for a record year in terms of use by patrons and items circulated.
MoreINDOT hires executive to manage Interstate 69 extension
July 27, 2009
IBJ StaffCost management was the operative phrase in the introduction this month of a highway executive to manage the Interstate
69 extension to Evansville.
MoreCity files complaint against Bright House Networks over unpaid fees
July 27, 2009
Chris O'MalleyA municipality has filed the first formal complaint against a cable television operator since state telecommunications reform
three years ago unplugged local government oversight of operators.
MoreIndianapolis golf course contracts up for bid
July 20, 2009
Kathleen McLaughlinMayor Greg Ballard’s
administration is requesting proposals to manage all but one of Indianapolis’
13 municipal courses.
MoreCarmel grapples with rec center finances
July 20, 2009
A new business plan is in the works for the high-end Monon Center in Carmel.
MoreNeighborhood taps cash languishing in account
July 20, 2009
Kim PuckettCity to unleash $3.8 million for improvements in United North West Area.
MoreCity considering new parking meter plan
July 13, 2009
Cory SchoutenCity officials are considering several proposals designed to wrestle more revenue out of
the city’s roughly 4,000 parking meters, including
the possibility of a long-term lease to a private firm, a move that netted Chicago more than $1 billion
last year.
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Can IBJ please stop referring to this property as "Kessler Mansion"? What a ridiculous title for the biggest, bloated, blight in our city. It's not a mansion. At best, it's an ideal site to shoot low-budget porn. Ahhh! Another business use!
Its stories like these that prove that a Ball State diploma is worth less than the paper that its printed on. A real institution of higher learning would have taken care of this long ago. No way should this crap be taught in a SCIENCE class.
It is such a shame that King Ballard has made Indianapolis into Chicago south with all of the rampant corruption.
How many of these 1,259 bills were actually heard and voted on on the floor vs how many were shot down in committee?
When a an arrogant young guy with essentially no experience and no qualifications for the job, was dropped into an Administrator position out of nowhere by his "mentor" in the Mayor's office things seemed fishy. Sometimes things are what they seem.