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Government & Economic Development
Indianapolis' 'walkability' touted to convention planners
September 11, 2010
Scott OlsonCompact downtown is big selling point for sustainable-minded planners.
MoreState entrepreneurship drags despite wealth of resources
September 11, 2010
Norm HeikensWhat does Indiana have to show for the deluge of resources made available to would-be entrepreneurs in recent years—venture
capital, angel investors, incubators and the like? Judging by the number of people taking the plunge into business ownership,
not as much as might be expected.
MoreNew businesses follow the rooftops
September 11, 2010
Norm HeikensIndianapolis and surrounding counties have continued to show growth in the number of businesses during the recession.
MoreBeck's Superior Hybrids plans $24.5M expansion
September 10, 2010
IBJ StaffA Hamilton County seed company has plans to expand its facilities, creating as many as 72 jobs over the next five years, state
economic development officials said Friday morning.
MoreReport: State must cut spending, hike taxes or both
September 9, 2010
Francesca JaroszDwindling tax revenues will cause a projected $1.3 billion budget gap as the state enters its next budget, according a report
released Thursday by the Indiana Fiscal Policy Institute.
MoreControl of House key issue as election season revs up
September 7, 2010
Mary DieterOne hundred Indiana House seats are on the ballot—though many fewer are competitive—but their outcomes may affect
the state well beyond the two-year terms that the candidates seek.
MoreTraffic-signal maker flashing red over Indianapolis contract
September 4, 2010
Chris O'MalleyDomestic vendor who thought "buy American" provision would help it win contract loses out to Taiwanese supplier.
MoreIndiana's August revenue jumps 8.4 percent from year ago
September 3, 2010
Associated PressThe state Budget Agency reported Friday that Indiana collected $938 million in August. That's $51 million above the most recent
forecast, but still $2 million less than projected in the budget lawmakers passed in early 2009.
MoreNew jobless claims tick down slightly
September 2, 2010
Bloomberg NewsInitial jobless claims fell by 6,000, to 472,000, in the week ended Aug. 28, in line with the median forecast of economists
surveyed by Bloomberg News, Labor Department figures show.
MoreNew website pulls together state budget data
August 31, 2010
Associated PressThe state has a new transparency website that pulls together Indiana budget data, spending reports and other financial information
that had previously been spread across multiple sites.
MoreCIB approves 2011 budget
August 30, 2010
Scott OlsonIncluding debt obligations, the CIB's total budget for 2011 is expected to be $104.4 million. The City-County Council is set
to receive the budget at its Sept. 20 meeting and could approve it Oct. 25.
MoreCity parking agreement to receive first scrutiny
August 30, 2010
Indianapolis' Department of Public Works Board and its City-County Council Rules and Public Policy Committee both will meet
on Monday to consider the long-term deal. It would need approval from the City-County Council before taking effect.
MoreCity vendor may get $1.2B from parking-privatization deal
August 28, 2010
Cory SchoutenThe pitch from Mayor Greg Ballard’s administration to privatize the city's parking meters is compelling, but the proposal
to sell the meters to Dallas-based Affiliated Computer Services Inc. has the city giving up more in the long run than is immediately
apparent.
MoreiSalus sees business boom as docs chase stimulus cash
August 28, 2010
J.K. WallThe company is seeing a rush of new sales for its Web-based electronic medical record system from doctors, who all stand to
receive bonus payments from the federal stimulus act for computerizing their patient records.
MoreCIB's 2011 budget slated to grow by $10 million
August 27, 2010
Scott OlsonCapital Improvement Board president says initial $10 million payment to the Indiana Pacers is not only reason for the larger
budget. Rather, she insisted it's largely due to $5 million in renovations slated for Conseco Fieldhouse and other CIB-operated
facilities.
MoreEstimate puts Indiana health overhaul costs at $3.1B
August 25, 2010
Associated PressFamily and Social Services Administration Secretary Anne Murphy and acting Insurance Commissioner Stephen Robertson have sent
Gov. Mitch Daniels a letter that now estimates the overhaul will cost Indiana $235 million more than the previous estimate
in May.
MoreLocal government supplier cracks Inc. 500's top 10
August 25, 2010
Scott OlsonA combination of military service and education has helped Kevin Paul turn Indianapolis-based KPaul Properties LLC into one
of the fastest-growing companies in the nation.
MoreDaniels says Indiana will seek new stimulus money
August 25, 2010
Associated PressDespite criticizing the latest stimulus package, Indiana Gov. Mitch Daniels said he will ask the federal government to send
the state more than $435 million for schools and Medicaid.
MoreArts funding maintained in proposed city budget
August 23, 2010
Scott OlsonFunding for city arts programs is expected to remain at $1 million in 2011, even as the mayor's budget plan calls for cutting
$22
million in local spending. Funding for the parks department also should remain flat, at $21.1 million.
MoreIndiana, Indy stage small employment gains
August 20, 2010
Norm HeikensIndiana's unemployment rate increased by a sliver, to 10.2 percent, in July despite increases in jobs in many industries.
MoreCity chooses firm to oversee parking-meter operations
August 20, 2010
Scott OlsonThe city has entered into a 50-year lease agreement with Dallas-based Affiliated Computer Services Inc. The
city will receive $35 million upfront and a share of revenue to make sidewalk and street repairs. Parking meter rates are
expected
to double in some areas.
MoreCity lands $13.8M more than expected from water deal
August 19, 2010
Chris O'MalleyThe city's AAA bond rating boosts proceeds to $153.8 million. It originally expected $140 million for street, bridge and
sidewalk projects.
MoreBank On Indy initiative nearing first-year goal
August 19, 2010
Program that aims to reach local population without bank accounts so far has helped more than 7,500 people open an account.
MoreIT firm approved for tax breaks on $29 million project
August 19, 2010
Lightbound LLC plans to construct 50,000-square-foot data center near Kentucky Avenue on the city's southwest side. The abatement
should save the company $2.5 million.
MoreSummit Realty pursues downtown building for HQ
August 17, 2010
Scott OlsonThe firm, now based in Chase Tower, wants to acquire and renovate the building at 241 N. Pennsylvania St.
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First, let me say that I love the idea of communities being self-sufficient and people in the community not needing cars, living, working and shopping all in their neighborhood. To sum it up; I love good urban planning and hate urban sprawl. However, there are two reasons that I am against this development. First, this building doesn't fit. Density can occur in Ripple by building up top the street and better use of land. The scale of this project should be downtown. Secondly, I would be willing to bet that if a whole foods in Ripple is built, the Nora store would be closed. Here's my reasoning. The Nora Whole Foods expansion plans have been put on hold. I'm guessing they are waiting to see what happens with the Ripple proposal. Communities next to each other should work together to end sprawl and not work against each other and take other neighbors assets. Develop something both communities can be proud of and will attract more development and density. There's my soap box for the day.
My apologies, Lou - it was the Indy Star that printed cost for entertaining "celebrities" during Indy 500. Sorry for confusing the always timely IBJ with Indy's Gannett reprint news source.
That's fine if you want a grocery store that has festivals and live music. I guess with the prices they charge, they can afford to host such activities. As for me, I choose to spend my money more wisely and if I want to go to a festival or a concert, I will pay for that separately - not through my grocery bill.
TIF is not just to attract development but to attract a higher use for that development. Carmel wisely is using TIF for numerous public parking garages. Asphalt seas of parking pay little taxes and bring even less value to a commercial area. Also density is what is going to save Indy and Broad Ripple. The days of trying to compete with burbs are long gone.
The Prestige was an awesome movie.