- Home
- NEWS
- REGIONAL
- THIS WEEK'S PAPER
- BLOGS
- Multimedia
- OPINION
- A&E
- LISTS
- PEOPLE
- EVENTS
- Classifieds
- Subscribe
Economic Development
Home construction spreads growing pains into country: Shelbyville, county struggle with housing growth plan
February 6, 2006
Tom MurphyDevelopers grabbed 286 permits to construct single-family residential units in 2005, up from 204 the year before, according
to the Builders Association of Greater Indianapolis. Shelbyville Mayor Scott Furgeson, whose city captured most of that growth,
said his municipality issued only about 30 permits a year before 2004. "It's unbelievable," he said. "I think people finally
realize that Shelbyville is, I guess, reachable from anywhere." A congestion-light commute to Indianapolis, acres of developable
land and some tweaked building laws all...
MoreIPOs take minor dip in 2005: Analysts stay optimistic; 3 Indiana companies set to go public in early '06
January 30, 2006
Scott OlsonThree Indiana companies took the plunge to go public last year, two less than the number that did so in 2004. The state's
slight dip in initial public offerings mirrors the slump in activity nationally. But Indiana appears to be off to a fast start
for 2006. Three other Hoosier companies filed to go public late last year, but had yet to complete their IPOs by year's end.
Overall, the number of companies that went public on the major U.S....
MoreIPOs take minor dip in 2005: Analysts stay optimistic; 3 Indiana companies set to go public in early '06
January 23, 2006
Scott OlsonThree Indiana companies took the plunge to go public last year, two less than the number that did so in 2004. The state's
slight dip in initial public offerings mirrors the slump in activity nationally. But Indiana appears to be off to a fast start
for 2006. Three other Hoosier companies filed to go public late last year, but had yet to complete their IPOs by year's end.
Overall, the number of companies that went public on the major U.S....
MoreBiz-incentive plan may be beefed up: Legislators seek to strengthen EDGE program by doubling retention tax credit to $10 million
January 16, 2006
Peter SchnitzlerIndiana's showcase business incentive program is about to go through another tweaking. At the request of the Indiana Economic
Development Corp., legislators are considering changing the EDGE tax credit program to give it more teeth to retain existing
jobs. Since 1994, Indiana has used the Economic Development for a Growing Economy, or EDGE credit, to spur private-sector
job growth. The program allows budding companies to abate state payroll taxes for new employees. Over the last 12 years, Indiana
has authorized...
MoreCeladon says inland port would be economic boon to state: Putting customs clearing here would speed crossings
January 16, 2006
Chris O\'malleyCeladon Trucking plans by the end of April to install global positioning satellite devices on 1,350 of its trailers, an application
of technology that could pave the way for an inland cargo port in central Indiana. Tom Glaser, president of one of the largest
trucking lines hauling goods between the United States, Mexico and Canada, plans to urge state economic development officials
to build a multimodal port in Indiana that would include Mexican and Canadian customs-clearing facilities. Officials would
inspect,...
MoreECONOMIC ANALYSIS: The new economic reality: It's all about the work force
January 16, 2006
Patrick BarkeySince these words usually find their way out onto the Internet, I thought I'd work in the following phrase to get the hit
counters for the new year off to a good start: Evolution vs. intelligent design. Ah, that should do it. I can hear the sounds
of computer mouse clicks already. And, believe it or not, there's an economic angle to that debate. Not literally, of course.
Economics is pretty important, but I will concede that the creation of...
MoreEYE ON THE PIE: Indiana turning toward Houdini plans
January 16, 2006
Morton Marcus"What should the Indiana General Assembly do during this session?" The question came from Ralph Write, a newly minted reporter.
"I'm glad you asked," I replied. "Simple solutions from simple people would be simply spectacular. But the issues are complex
and I don't know if the legislators have the information they need to decide intelligently any of the major questions before
them. "For example," I expounded, as Ralph took more notes than were warranted by my remarks, "there is the...
MoreECONOMIC ANALYSIS: We want to spur economy, but what's the best way?
January 9, 2006
Patrick BarkeyIf you want to get an idea just how hot the topic of economic development is in Indiana these days, take a stroll over to
the Department of Insurance's Web page. Instead of finding notices of regulatory proceedings or a lineby-line listing of the
insurance code, you'll get a spirited, enthusiastic rundown of all of the reasons Indiana is a great state in which to locate
your insurance company. If you happen to own one, that is. That's a little...
MoreLegislators fight over green rules: Biz lobby: Indiana standards should not exceed EPA's
January 9, 2006
Peter SchnitzlerBusiness interests and environmentalists are squaring off in the Indiana General Assembly. It's unlikely they'll see eye-to-eye
anytime soon on this year's ripest green issue: whether to hold Indiana to a higher environmental standard than the rest of
the nation. In one corner, the Indiana Chamber of Commerce is leading a push for legislation to bind the state to environmental
rules "no more stringent than" those of the U.S. Environmental Protection Agency. Framing the debate around economic development,
the Chamber...
MoreSTATEHOUSE DISPATCH: Passing 'Major Moves' initiative will mean major work
January 9, 2006
Ed FeigenbaumWhile most Hoosiers are focused on just how legislators are going to be able to cut residential property taxes again this
year, the real battle to watch will be the one over what Republican Gov. Mitch Daniels refers to as the jobs program of a
generation or more-his "Major Moves" roads initiative. What he wants boils down to this: finding a funding source for road
building and repair that will not rely upon taxes. He made it clear shortly after...
MoreIndianapolis and neighbors need one vision, one voice:
January 2, 2006
Roland DorsonCincinnati USA. Charlotte USA. Indianapolis - Marion County - Indiana. Who is throwing the right welcome mat out to the world?
In the first two examples, those regions have said to the entire planet: "We are open for business. Come talented people-bring
your companies and organizations to our area; bring your families to our schools; live, work and play in our thriving community."
Our region," they say, "located at this juncture of latitude and longitude in the USA, wants you...
MoreEducation, work force key hurdles to new economy:
January 2, 2006
Mark MilesHaving recently returned to Indiana after a 15-year absence, I see a region filled with both challenges and opportunities.
The Central Indiana Corporate Partnership, the organization I've returned to serve as president and CEO, is focused on long-term
economic prosperity for our region. To this end, our people are our most valuable resource. Unfortunately, central Indiana
faces a significant challenge in making our human capital match our goal of a knowledgebased, 21st-century economy. Indiana
ranks 46th in the educational attainment...
MoreSTATEHOUSE DISPATCH: Short legislative session may be eventful, for a change
January 2, 2006
Ed FeigenbaumWe've all become lulled into assuming that the so-called "short" session of the Indiana General Assembly in the even-numbered
years is the political equivalent of the practice of medicine: First, do no harm. In election years, lawmakers are reluctant
to do much beyond that which they must do to protect public health, safety and treasury. The short session originated as a
vehicle for handling emergencies arising between the odd-numbered-year budget sessions, and many legislators-particularly
those seeking re-election-didn't see much cause...
More2006: Making Indianapolis a family affair:
January 2, 2006
Isaac RandolphWhat's the most pressing issue facing Indianapolis now and in the future? Depending on a pundit's passion, answers can range
from maintaining a professional sports team to supporting the cultural and arts community, from improving the quality of public
schools and parks to making affordable housing available, from low taxes to a state-of-the art public mass transit system.
Yet each of these areas, while they may reflect an interest group's unwavering and at times irrational fixation, taken at
face value...
MoreHoosiers set to observe daylight-saving time in 2006:
December 26, 2005
-Scott OlsonIndiana lawmakers beat the clock during the waning minutes of the legislative session to narrowly adopt daylight-saving time.
The DST bill passed the House by one vote, and only after failing to obtain a constitutional majority the first time it was
voted upon. Gov. Mitch Daniels, a Republican who included the divisive issue in his campaign, intervened to muster more support.
House Speaker Brian Bosma held the voting board open for several minutes during the second vote until Rep. Troy...
MoreECONOMIC ANALYSIS Patrick Barkey: Multiplying economic gains isn't easy as it may sound
December 26, 2005
It's an old, but primal, oath that doctors are supposed to take before they set out into the world of medicine: "Do no harm"
to the patients they serve. Perhaps a few of us in the economics profession should do the same. Because some of our ideas-or
more accurately, characterizations of our ideas-may be doing more harm than good. Of course, it's great to see ideas that
come out of your own specialized area of expertise find their way into...
MoreSmall biz preparing wish list: Lobbyists hope to repeat past legislative success
December 26, 2005
Matthew KishBut that doesn't mean the organization and its 16,000 Hoosier members will rest on their laurels for the short legislative
session in 2006. The group will bring a full wish list to the Statehouse in January, lobbying against increased property taxes
and health insurance mandates. It'll also petition lawmakers to restrict eminent domain seizures. Still, observers don't think
the organization will have as much cause for uncorking the bubbly as it did last year. No different than last session, businessfriendly...
MoreNew governor brings business mentality to state government:
December 26, 2005
-Peter SchnitzlerAs he took office in January, Gov. Mitch Daniels' first order of business was just that: Apply a business mind-set to state
government. That meant efforts to improve the efficiency and cooperation of state agen- Envisioned by Republicans as a publicprivate
partnership, IEDC swallowed and replaced more than half a dozen boards and agencies such as the Indiana Depart cies. It also
meant key changes to economic development. The creation of the Indiana Economic Development Corp. was one of his...
MoreWeb site stirs controversy: Watchdogs pan Insurance Department's pro-business stance
December 26, 2005
Tom MurphyConsumer watchdogs are howling over a revamped state Insurance Department Web site that pitches Indiana's "positive regulatory
climate" and other business-friendly attributes. The site's new look debuted a few weeks ago and aims to make companies think
about moving to Indiana, Insurance Commissioner Jim Atterholt said. But critics say a regulator should never play the role
of recruiter, and the approach sends the wrong message to consumers seeking help. "It raises some questions-you know, who's
your first master?" said Julia...
MoreNEWSMAKER: Jischke praised, while Herbert taking heat:
December 26, 2005
-Scott OlsonNEWSMAKER Jischke praised, while Herbert taking heat Confidence in the job performance of the two leaders of the state's largest
universities headed in opposite directions this year. At West Lafayette, Purdue University President Martin Jischke, 64, continued
to receive high praise for elevating the university's status as a player in the state's economic development mission. Meanwhile,
his colleague at Indiana University, Adam Herbert, found himself fending off a barrage of critics calling for his ouster because
they don't think he...
MoreHotel proposed for Hamilton County's Strawtown: Site overlaps sensitive American Indian land
December 19, 2005
Matthew KishHamilton County park officials hope to find a developer to build a three-star hotel in 750-acre Strawtown Koteewi Park, an
area rich with fragile American Indian artifacts. Businesses near the northeastern Hamilton County park love the idea. American
Indian groups are less enthusiastic, but willing to work with park officials. "It's kind of disturbing," said Chief Brian
Buchanan of the Miami Nation of Indians of the State of Indiana. "You wouldn't want anybody digging up your grandmother."
Buchanan learned of...
MoreA fuzzy picture for Thomson-again: French parent puts consumer unit in play, but will keep part of 700-person Carmel work
force
December 19, 2005
Chris O\'malleyEngineering and research-anddevelopment jobs in Carmel likely will be spared the uncertainty of Thomson's plans to sell outright
or to find partners for its consumer products and accessories business. The French company that owns the RCA brand and employs
700 in Carmel said last week that it will exit the consumer end of the electronics realm in 2006. But Thomson also said it
has a number of engineers and related personnel in Carmel that would fit the company's focus on...
MoreStorrow Kinsella Associates Inc.: Landscape firm aims to improve urban settings Architectural training helps SKA in bid to
transform communities
December 12, 2005
Della PachecoJohn Kinsella is proud of Davlan Park, a collection of grass, trees, plants and public art tucked away on a tiny patch of
green next to the Mass Ave Starbucks. He smiles when he sees someone sitting on a bench or at a table, taking a break from
the bustling commercial corridor. He remembers when the so-called pocket park was just neglected space. But that was before
Storrow Kinsella Associates worked its magic. The 20-year-old landscape architecture firm, owned by...
MoreClarian nabs UAC building: Hospital network wins bid for former corporate headquarters
December 5, 2005
Tom MurphyClarian Health Partners is polishing a deal to buy the former Union Acceptance Corp. headquarters on North Shadeland Avenue,
a move that plants a large footprint for the burgeoning hospital network squarely in a competitor's east-side back yard. Clarian
made the winning bid for the 126,000-square-foot building at a Nov. 15 auction, but the sale had not closed as of Nov. 30,
said Bob Getts of Colliers Turley Martin Tucker, which ran the auction. He referred all questions to Clarian....
MoreECONOMIC ANALYSIS: Farming on decline, but ag still offers opportunity
December 5, 2005
Patrick BarkeyDrive less than 20 minutes from almost any crossroads in Indiana and you'll come across a feature of the Midwest landscape
we take for granted: farmland. The vast open space in abundance between our state's urban areas remains dominated by the industry
that once employed more people than any other: agriculture. And while the sights of barns, cropland and animals grazing in
pastures are familiar to us all, we should remember that looks can be deceiving. Plenty of changes are...
More
Sponsored by
ADVERTISEMENT
on Facebook & Twitter
on Facebook & Twitter
 Follow IBJ's Tweets on these topics: |
||
| @IBJNews | @Propertylines | @IBJTheScore |
| @IBJArts | @IBJHealthcare | @IBJDining |
| @IBJLists | @IBJSmallbiz | |
ADVERTISEMENT
Back to TopCopyright © All Rights Reserved. Privacy Policy | Terms of Use.
Design, CMS, Hosting & Web Development :: ePublishing.
Additional Hosting & Delivery by
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.