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Government & Economic Development
Crackdown on bank pay pinches Hoosier execs
February 23, 2009
Greg AndrewsWhen Sen. Chris Dodd decided to wage war on corporate excess, he had Wall Street fat cats in his sights, not people like Bob
Jones, the folksy CEO of Old National Corp. in Evansville.
MoreICVA seeks extra $15M to market new center
February 23, 2009
Anthony SchoettleThe Indianapolis Convention & Visitors Association says it needs more sales and marketing firepower to fill an expanded convention
center and adjacent hotels. That means asking the city's Capital Improvement Board—one of ICVA's primary sources of funds—for
a budget increase of up to 50 percent at the worst possible time.
MoreEconomic illnesses are like viruses
February 23, 2009
Morton MarcusWhat kind of remedy should be applied to the economy? Surely we want something that will work quickly. But we also want something
that will help provide income in the future. That's called investment.
MoreCIB can't count on mall funders
February 23, 2009
If the Capital Improvement Board comes, hat in hand, looking for help, we trust the investing companies will carefully weigh
the benefits they've derived from the city and its thriving downtown before delivering an answer.
MoreIndians concerned about possible ticket tax
February 16, 2009
Anthony SchoettleSome local officials wrestling with the Capital Improvement Board's $37 million deficit think part of the profit made by the
Indianapolis Indians could be used to narrow that deficit, but Indian officials balk at that idea because they say they've
already paid more than their share.
MoreCIB could ask for $34 million in write-offs from Circle Centre investors to ease deficit
February 16, 2009
Cory SchoutenA group of mostly local companies that made big investments to help launch Circle Centre mall soon could be asked to write
off a portion of profits they agreed to redirect into the construction of Conseco Fieldhouse.
MoreAre we victims of 'group think'?
February 16, 2009
John Guy"Group think," a powerful and controlling force, was present as the Capital Improvement Board built Lucas Oil Stadium and
Eli Lilly and Co. developed and marketed Zyprexa.
MoreDon't ask the Colts
February 16, 2009
The Colts are our "heroes," the bedrock of our community (at least for the few months per year that most of them spend here).
Why should these esteemed athletes help the city?
MorePacers: We've lost money 9 of last 10 years
February 9, 2009
Anthony SchoettleSwamped by financial losses that go back to the time Herb and Mel Simon bought the Indiana Pacers in 1983, team officials
are now looking for a new game plan—one that may involve financial assistance from taxpayers and visitors.
MoreNASA contracts soaring
February 9, 2009
Chris O'MalleyNASA begins to award more grants to Indiana firms and universities.
MoreCIB failure isn't an option
February 9, 2009
Creativity and transparency are required to fix the Capital Improvement Board's financial woes.
MoreAn open letter to Indianapolis Colts owner Jim Irsay
February 9, 2009
Bill BennerJim, you could engender so much good will if you would step forward and provide some short-term relief by paying more toward
the operating costs of Lucas Oil Stadium.
MoreRedevelopment plans threaten Gasoline Alley
February 2, 2009
Anthony SchoettleBusiness owners along the fabled Gasoline Alley north of Rockville Road think a proposal to close a north-south road linking
them to the front door of the Indianapolis Motor Speedway will have devastating effects.
MoreProposed fiscal stimulus package has high costs
February 2, 2009
Mike HicksExpeditious and clever spending on roads, infrastructure and, in the half-dozen states where it is possible,
a tax cut will determine the success of the stimulus plan.
MoreStimulus could help medical exchange
February 2, 2009
President Barack Obama's economic stimulus bill provides a big opportunity for the Indianapolis-based Indiana Health Information Exchange to spread its expertise around the country.
Center Township's Drummer stepping down
January 29, 2009
Center Township Trustee Carl Drummer intends to resign from his post to take a lobbying job with Ice Miller LLP, according
to a WISH-TV Channel 8 report.
MoreAuctioneers: Recession may be going, but not yet gone
January 26, 2009
Sam StallAuction prices are an economic bellwether, since selling items to the highest bidder an an effective way to determine what
pretty much anything—from a Fortune
500 company to a Hummel figurine—is really worth.
MoreGood intentions just aren't enough
January 26, 2009
Morton MarcusTwo weeks ago in this space, I offered an over-the-top column about online networks. Many readers failed to recognize the
tongue-in-cheek approach to linking up with others. Instead, they interpreted that hyperbolic diatribe as an attack on computers,
the modern age, progress and humanity.
MoreIndianapolis 'raising the game' for tourism
January 22, 2009
Andrea Muirragui DavisLackluster economy be darned, Indianapolis' tourism trade gained ground in 2008. And the city's new head cheerleader has even
higher hopes for this year and beyond.
MoreTown of Fishers considers new form of government
January 19, 2009
Kathleen McLaughlinSitting in gridlocked traffic along Interstate 69, Fishers residents might already think of their town as
a city. This sprawling suburb of 65,000 people certainly looks nothing like the burg of less than 1,000 it was three decades
ago.
But down at the municipal government complex, Fishers is still a town, just as it was incorporated in 1891.
MoreIT not what it was at time of landmark report
January 19, 2009
Chris O'MalleyA 2000 study has proven to be "remarkably prescient" in identifying information technology as a mainstay of the
local economy that would "affect
all industries and all jobs," said Michael J. Hicks, the top economist at Ball State University.
MoreGroups seeks records tied to utility plant project
January 19, 2009
Four Indiana public interest groups are complaining Gov. Mitch Daniels is ignoring a public records request they made Oct.
29 regarding Daniels' support of a Duke Energy coal gasification plant being built in Edwardsport.
MoreAs Indiana's commerce chief, Roob aims to 'hit on all cylinders'
January 12, 2009
Peter SchnitzlerIBJ talked to new Secretary of Commerce Mitch Roob about Indiana's challenges in 2009, including a recessionary economy, rising
unemployment
and work-force training gaps.
MoreState's tech sector looking ahead, but cutting back
January 12, 2009
It's two steps forward, one step back, for Indiana's technology sector, but in a tough economic climate, any advancement is
worth celebrating.
MoreOn inauguration eve, the bar is set at a record low
January 12, 2009
Bruce HetrickA chaotic cancer cell symbolizes perfectly the nation and world Barack Obama will inherit Jan. 20: American automakers on
the brink of collapse. Their vaunted Japanese competitors curtailing production. Factory orders suffering the biggest setback
in eight years. Skyrocketing unemployment.
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So the Mayor adds another non value added layer to having a vehicle towed? Whereby the City Government RECIEVES AN ILLEGAL KICKBACK FROM A LGOISTICS COMPANY THAT SUBS THE WORK TO LOCAL TOW COMPANIES? What is the service the City performs for receiving the "tribute"? This is RICO!!!!! What a corrupt and unnecessary layer. What a dirtbag Mayor and his cronies.
Owner occupied housing. Clear enough?
So people think I am paranoid. It's from experience in dealing with puds requested by developers who make major donations themselves to representatives, have nice fund raisers for those running for office and hide through pac's. then there are the public relation firms. You will note some pr comments below. You there Clyde Lee? My opinion. Commercial along 421, great. Multifamily housing, terrible idea that will change the town. Senior condos or zero lot line homes west, great. I suggest keeping all entries to commercial areas at 421. All entries to owner occupied on sycamore. Will keep the traffic on sycamore down some. Two other things. You can't trust what will be there in 10 years. Steve builds quality stuff, but areas change over time. Look at the changes at the wall mart center at 86th and 421 over the last 10 years. Look at the apartments and neighborhoods behind St Vincent's. Raintree properties WILL decrease in value if commercial and multifamily goes in near. It has already been happening around the bridges area. The houses that have been sold recently are way below market. Several deals not closed due to the Illinois construction and the whole unsurety of the bridges. It's pretty simple, Zionsville will approve the whole thing because the city council has been groomed over a LONG period of time for this. I might even suggest some are in their position as a result of this.
Esta, do you have a dog in this fight? You seem to really want to knock anyone against this project. No, I didn't move to Indiana for the architecture. I moved here for that red barn in the field. The horses and fields of corn. A place that is NOT overdeveloped. There are plenty of nearby places in Indianapolis that could be REDEVELOPED instead.
RKW - OK, we get it, you're paranoid. The question is, are you paranoid enough? Greg - Yes, Pittman(s) is (are) at it again. They are developers, they build things. It's what they do. So when you go to work tomorrow, Greg, you're at it again too. Cliff - Really? You moved to Indiana for its progressive architecture? That's like moving to England for the cuisine. Zionsvillain - The house you moved to was once a field or woods. I'm willing to bet folks were upset when that ground was plowed under and a house was built. But I guess now that you are in, everything should stop? "My house was OK, but the next one is sprawl." SE Guy - Please don't paint us with such a wide brush. Most reasonable Zionsville residents welcome planned, measured development.