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News & Analysis
City struggles to close gap on $30M in budget cuts
April 8, 2013
Kathleen McLaughlinIndianapolis leaders made a pact to cut 5 percent from the already-adopted 2013 budget, but the reality might prove too difficult
to stomach.
MoreAs city budget tightens, Center Township trustee has money to burn
April 6, 2013
Kathleen McLaughlinIBJ SPECIAL REPORT: Center Township lowered its bank balance in 2012, to $6.7 million, but the biggest checks Trustee Eugene
Akers wrote weren't for emergency needs like food or shelter, the township’s main mission.
MoreMedical finance driving major changes in health care marketplace
April 6, 2013
J.K. WallBrian and Emily Kahn had virtually identical physical therapy. He paid much more than she did. Why? Because of where the therapy
took place.
MoreCity to buy key parcel for 16th Street tech corridor
April 6, 2013
Scott OlsonThe city of Indianapolis is poised to pay Citizens Energy Group $6.5 million to buy a key parcel of real estate it’s
targeting as the centerpiece of its ambitious 16 Tech project.
MoreIU Health to chop $1 billion off costs
April 6, 2013
J.K. WallEven though Obamacare likely will expand health insurance coverage to an extra 500,000 Hoosiers over the next few years, IU
Health expects per-patient reimbursements to fall as the federal government, employers and patients all push back on sky-high
health care costs.
MoreFirst Internet Bancorp jumps into dividend game
April 6, 2013
The parent of First Internet Bank late last month declared a dividend of 6 cents per common share payable April 15 to shareholders
of record April 1.
MoreBoone County development group names new leader
April 6, 2013
Bryan Brackemyre, who has been interim executive director of the Boone County Economic Development Corp. since his predecessor
left for a position in state government early this year, got the full-time job effective April 1.
MoreMayor Ballard accepts fate of mass-transit bill
April 6, 2013
Indianapolis Mayor Greg Ballard sat out an April 2 hearing on mass transit because he knew the issue would be shifted to the
Legislature’s back burner.
MoreWTHR's IRS investigation receives national honor
April 6, 2013
The station was honored for a six-month investigation into Internal Revenue Service mismanagement that resulted in fraudulent
tax refunds for undocumented workers.
MoreTough times didn't spur spike in poor relief
April 6, 2013
Kathleen McLaughlinHeading into the 2008 recession, Center Township sat on $10.5 million in cash, but sky-high unemployment and rising poverty
over the next four years failed to drain those funds, and the disconnect persists in several area townships.
MoreLilly pulls back from proposals lowering takeover barriers
April 6, 2013
Greg AndrewsFortunately, a Lilly takeover looks less likely today than it has in a long time—for both obvious and more subtle reasons.
MoreMobile boutique takes pop-up retail on the road
April 6, 2013
Jill McCarterHeather Hogan Pirowski, owner of Retro 101, is among a growing number of retailers who have chosen the nomadic lifestyle .
Looking for an alternative to the fixed overhead of a permanent location, they set up shop at a site for a few days or weeks,
then pack up and move on.
MoreSmartphone videos rewrite rules of customer research
April 6, 2013
Chris O'MalleyCarmel-based Strategic Marketing & Research Inc. is among firms tapping the capabilities of video-enabled smartphones
to gain insights into consumers’ thoughts and emotions. They’re doing this by having consumers use their phones
to shoot a video diary of their product experiences.
MoreIce to take over operations at Pan Am skating facility
April 5, 2013
Mason KingThe Indiana Ice have come to an agreement with owner Kite Realty Group to use the Pan Am Plaza skating facility as a training
center and venue for games after renovations this summer. It also will be open to the public for other ice-related activities.
MoreNoblesville OKs $40 million upscale apartment project
April 5, 2013
Andrea Muirragui DavisThe vast multifamily project in the city’s massive Corporate Campus would effectively close out such development there.
City officials hope it will attract more businesses.
MoreIce likely to play more games at revamped Pan Am facilities
April 5, 2013
Scott OlsonBuilding owner Kite Realty Group Trust has agreed to renovate the aging facility's ice rinks to enable the hockey team to
play more games there next season.
MoreGreenwood pet store stocked with exotic critters
April 5, 2013
Associated PressFrom tarantulas to emperor scorpions and monitor lizards, Pandemonium Exotics caters to enthusiasts looking for pets beyond
a dog or cat.
MoreIndiana Senate leader opposes fenced deer hunting
April 5, 2013
Associated PressThe leader of the Indiana Senate says he'll kill an amendment that would allow five fenced deer-hunting preserves around
the state to remain open.
MoreU.S. unemployment rate dips despite tepid job growth
April 5, 2013
Associated PressEmployers added just 88,000 jobs in March, the fewest in nine months. The jobless rate slipped to its lowest percentage in
four years, but only because more people stopped looking for work.
MoreIndy publishing legend exits after 32 years
April 5, 2013
Chris O'MalleyDeborah Paul blazed a trail as editor in chief of Indianapolis Monthly, and later headed similar magazines across the country. She cleaned out her desk at Emmis Publishing this week. "It's a mistake to get off the stage too late," she said.
Simon sticks with key terms of CEO's pay despite shareholder ire
April 5, 2013
Greg AndrewsThe company made small adjustments to David Simon's package but left in place the element that created the largest controversy—a
stock retention bonus valued at $120 million he'll receive if he stays through July 2019.
MoreDuke rolls out new Indiana economic development plan
April 5, 2013
Associated PressThe state's largest power company says it's revamping its Indiana economic development program to improve opportunities
for communities to attract jobs and capital investment.
MoreSenate budget pushes highway expansion, small tax cuts
April 4, 2013
IBJ Staff and Associated PressIndiana lawmakers and Gov. Mike Pence drew closer to a budget compromise Thursday with the unveiling of a $30 billion Senate
plan that cuts the state income tax by $150 million and establishes a new roads fund.
MoreIndiana governor against school guns mandate
April 4, 2013
Associated PressIndiana Gov. Mike Pence says he believes local school officials should make decisions about security rather than being required
to have an employee armed with a loaded gun during school hours.
MoreDevelopers say bill would kill Indiana coal-gas plant
April 4, 2013
Associated PressThe House Utility Committee approved a bill Wednesday that would send the $2.8 billion project back to regulators for another
round of reviews unless the Indiana Supreme Court sides with the project's developers
More
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It's also across the street from Fogo de Chao and Morton's....
Yep, the haters are trying to make good news bad. I guess it is hard to get people to believe the series is dying when they are gaining new sponsors.
David Copperfield! I remember watching his specials on TV when I was little.
Don't forget this is next to an MMA gym, a pawn shop, and some abandoned spaces.
Good project for Zionsville - A group who has owned the property for many years has waited and worked patiently to bring highest and best use development to a major corridor, and mix that in with the great downtown you have. Win Win. All the Best to Pittman Partners and Zionsville.