Economic Development

CIB OKs budget, but awaits council vote

August 10, 2009
Scott Olson
Members 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.
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Emerging life sciences companies grabbing more in government grantsRestricted Content

August 10, 2009
Chris O'Malley
More emerging life science companies have found life in the form of federal Small Business Innovation Research grants.
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Hamilton County Alliance spins off entrepreneurial center

August 10, 2009
 IBJ Staff
The 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.
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Purdue prof: 'Clunkers' could stall retail sales

August 5, 2009
Kim Puckett
The 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.
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EnerDel lands $118 million stimulus grant

August 5, 2009
Scott Olson
EnerDel, an Indianapolis-based producer of automotive lithium-ion batteries, will receive $118.5 million in a matching grant from the federal government.
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Carbon Motors chooses Connersville

July 29, 2009
 IBJ Staff
Carbon Motors this morning officially selected Connersville for its proposed headquarters and manufacturing operations.
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Battered manufacturing towns hungry for food processorsRestricted Content

July 27, 2009
Kathleen McLaughlin
Economic development officials like the stability of the food business, though wages typically are mediocre.
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Westfield moves ahead with sports facility plan

July 21, 2009
 IBJ Staff
A study commission has concluded that a major development involving a new youth-sports complex would be viable for Westfield, the city announced this morning.
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Neighborhood taps cash languishing in accountRestricted Content

July 20, 2009
Kim Puckett
City to unleash $3.8 million for improvements in United North West Area.

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EDITORIAL: Project near MSA may be worth the riskRestricted Content

June 22, 2009
The city has unveiled a dramatic plan for new housing and retail development to revitalize the old Market Square Arena site. Despite some shortcomings, the project deserves a chance to give the stagnant area a boost.
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Boomtown on hold: Recession delays Honda's full impact on GreensburgRestricted Content

June 22, 2009
Kathleen McLaughlin
Jobs created by the new manufacturing plant have been offset by losses elsewhere in the community, and related development remains scarce. But local officials remain optimistic about Honda's long-term impact.
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Anderson's abundant water supply makes city well-suited for Nestle, other food processorsRestricted Content

June 15, 2009
Kathleen McLaughlin
The city of Anderson soon will tap a new well to help accommodate demand from Nestle USA, which opened a Madison County plant in May 2008 producing bottled, flavored Nesquik and liquid Coffee-mate, a water-based creamer. The company already has launched an expansion slated for completion in 2011.
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MARCUS: Let's reassess reassessmentRestricted Content

June 1, 2009
Morton Marcus
The process of assessment could be simplified and performed uniformly and inexpensively.
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Irvington rolls out $1.2 million promotional campaignRestricted Content

June 1, 2009
Anthony Schoettle
In the midst of a $1.2 million campaign to upgrade streets, sidewalks and other neighborhood infrastructure, a coalition of Irvington businesses and residents is launching a unique marketing campaign to tout the neighborhood's recent enhancements and position it as an alternative to places such as Carmel, Zionsville, Geist and Noblesville.
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Transit, sustainable development likely to be themes in rescue of near-north neighborhoodRestricted Content

June 1, 2009
Chris O'Malley
Local leaders and, soon, a national team of experts, are quietly developing a strategy to revitalize Marion County's biggest concentration of brownfield sites and impoverished urban neighborhoods, centered at East 22nd Street and the Monon Trail.
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Holiday a reminder of the value of public serviceRestricted Content

May 25, 2009
Mike Hicks
Many lament the loss of what might be called timeless values. I place these into two categories; both are exemplified and sustained by military service.
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Consider progressive taxesRestricted Content

May 25, 2009
Morton Marcus
Put some progressivity into Indiana tax rates when passing the Indiana state budget.
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Tourism should not be our focusRestricted Content

May 18, 2009
If a city really wants to attract people to its city (to live and visit), it has to become a better city, but to become a better city it has to know what it is and what it wants to be and what it can be.
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General Assembly heeds public mayhem, not public policyRestricted Content

May 18, 2009
Morton Marcus
Which group should make the spending decisions? Consumers or elected officials?
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Visible progress in the city hides other troublesRestricted Content

May 18, 2009
Indianapolis still looks like a city with momentum, despite the dismal economy. But appearances can be deceiving.
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Top logistics execs draw road map for industryRestricted Content

May 4, 2009
Chris O'Malley
On the menu of Indiana's economic development initiatives, the logistics industry has had all the appeal of truck stop coffee. Meanwhile, the information technology and life sciences sectors—and recently clean tech—have had everyone salivating. Logistics, however, is cooking up a new strategy.
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Grad students dream up plans for mass transitRestricted Content

April 27, 2009
Chris O'Malley
Architecture and urban design students from Ball State have created a vision for urban renewal that is arguably more compelling than the Central Indiana Regional Transit Authority's principal, utilitarian goal of reducing northeast-side highway congestion and air pollution by running a diesel commuter train atop the old Nickel Plate Railroad corridor.
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Aging building gets spruced upRestricted Content

April 20, 2009
Another rundown building near the northwest corner of Washington and Pennsylvania streets is getting some attention after years of neglect.
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General Assembly is shame of IndianaRestricted Content

April 20, 2009
Morton Marcus
When we read that all the Democrats in the House voted against all the Republicans in the House on a given issue, we know independence has been cruelly killed by the leadership of each party. The same applies to the Senate.
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Indy Gen-X group to tout city to out-of-town recruitsRestricted Content

April 20, 2009
Kathleen McLaughlin
IndyHub, the city's young professionals network, will launch a new Web site, circlingthecity.com, to pique the interest of out-of-towners who are being recruited by local companies.
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