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Government & Economic Development
Work stops on Greenwood pharmaceutical plant
May 20, 2013
IBJ Staff and Associated PressGreenwood officials three years ago approved $8.4 million of incentives for the Elona Biotechnologies project, including the
construction loan.
MoreCounties worry about cost of sentencing overhaul
May 18, 2013
Associated PressIndiana counties could be forced to pay some of the costs of a change in the state's criminal code that is designed to keep
low-level offenders out of prison while ensuring the worst serve more of their sentences.
MoreGreenwood, Whiteland try to spur, shape growth
May 18, 2013
Kathleen McLaughlinTwo Johnson County communities are determined to capture—and control—the next wave of suburban growth.
MoreOesterle sells land to Angie's List, reaping millions
May 18, 2013
Chris O'MalleyAngie’s List Inc. CEO Bill Oesterle has collected millions of dollars over the years by renting to the company property
for its campus along East Washington Street. Now, the landlord and chief executive is pocketing millions more by selling Angie’s
the property, at well above its assessed value.
MoreIndiana withdraws support for fertilizer plant
May 17, 2013
Associated PressState officials have withdrawn incentives for a fertilizer plant over concerns about whether its Pakistan-based owners are
doing enough at their overseas operations to keep the potentially explosive material from being used against U.S. troops.
MoreKessler Mansion neighbors balk at business uses
May 15, 2013
Dan HumanAn Indianapolis City-County Councilor is looking into the possibility of zoning violations at the massive north-side property.
The mansion will host a camp for entrepreneurs in June.
MoreEco devo veteran takes over Hamilton County Alliance
May 15, 2013
Andrea Muirragui DavisFormer state Department of Commerce Chief Tim Monger took the reins of the economic development group after financial woes
forced the organization to reevaluate priorities. He plans an aggressive approach.
MoreIndiana BMV ends specialty plate talks with 3 groups
May 14, 2013
Associated PressThe BMV stopped negotiations with the Indiana Greenways Foundation, the Indiana 4-H Foundation and the Indiana Youth Group.
MoreConvenience stores sue to sell cold beer in Indiana
May 14, 2013
Mason KingAn industry trade group filed a lawsuit Tuesday morning contending that Indiana liquor law is unconstitutional and unfairly
benefits liquor stores.
MoreBroad Ripple flooding in 2012 becoming costly for city
May 13, 2013
Associated PressThe city of Indianapolis faces possibly paying several hundred thousand dollars for a restaurant badly damaged by flooding
that swamped a neighborhood during a downpour a year ago.
MoreManufacturer planning expansion, 100 jobs in Boone County
May 13, 2013
IBJ StaffCNH Parts & Service, the product-support division of international manufacturing giant CNH Global NV, plans a $13.3 million
expansion in Lebanon.
MoreUPDATE: Brizzi lieutenant agrees to guilty plea in bribery case
May 13, 2013
Cory SchoutenDavid Wyser, the top deputy under former Marion County Prosecutor Carl Brizzi, was charged with bribery for his role in the
early release of a woman convicted in a murder-for-hire scheme.
MoreStudy rebuts hospitals' argument on Medicare, rising costs
May 13, 2013
Rather than raising prices on private health insurers to make up for inadequate payments from the government, hospitals across
the country have been raising prices just because they can, according to a new study.
MoreIndiana schools seeing more success with tax hikes
May 12, 2013
Associated PressIndiana school districts that won voters' approval last week for the majority of the tax increases they had sought to
boost school funding may be becoming more skilled at selling the public on the need for those tax hikes.
MorePence signs measure overhauling Marion County government
May 11, 2013
IBJ StaffIndiana Gov. Mike Pence on Saturday signed a bill into law that reshapes Marion County government through the elimination
of four at-large City-County Council seats and other changes.
More'Pause' on Common Core leaves teachers in limbo
May 11, 2013
Associated PressLawmakers voted last month to delay full implementation of the academic standards to allow time to study the potential costs
of implementing or abandoning the standards and hold public meetings.
MoreFARRA: Don't expect big dividends from banks anytime soon
May 11, 2013
George Farra / Special to IBJBanks will not return to their status as reliable sources of shareholder dividends for three years or longer.
MoreDevelopment may spawn TIF tug of war
May 11, 2013
Kathleen McLaughlinThe developer of a $17 million mixed-use project proposed for Broad Ripple is expected to seek a city subsidy—support
that at least one City-County councilor believes should be reserved for neighborhoods starved for investment farther south.
MoreTruck insurer’s new jobs to boast gold-plated pay
May 11, 2013
The 133 full-time jobs the truck and auto insurer plans to add over the next five years will pay around $60 an hour, or nearly
$125,000 a year.
MorePence signs $100 million Speedway funding bill
May 10, 2013
Associated PressIndiana Gov. Mike Pence has signed a bill that will provide a $100 million state loan to the Indianapolis Motor Speedway for
planned improvements.
MoreAirport drops case to fend off private parking operator
May 10, 2013
Kathleen McLaughlinThe airport's decision comes as a bipartisan group of City-County Councilors backed a resolution asking airport authority
to drop its case against Midwest Logistics Partners, owner of the Ameriplex business park south of the airport.
MoreNew leader named for Indiana natural resources agency
May 10, 2013
Associated PressGov. Mike Pence has picked Cameron Clark to lead the agency that oversees the state's parks, wildlife areas and historic
sites and enforces hunting laws.
MoreBroad Ripple telecom firm plans big growth, 183 jobs
May 10, 2013
Mason KingFounded in 2007 by Purdue University students, Weeks Communications has established a new headquarters in Broad Ripple and
plans to invest $4.1 million as it aggressively hires new employees.
MoreIndy Parks, county assessor poised for budget cuts
May 10, 2013
Kathleen McLaughlinTwo ordinances that would reduce the Indianapolis budget by $1.6 million will be introduced to the City-County Council on
Monday. The largest cuts will come from the Marion County Assessor's office, the parks department and mayor's office.
MorePence signs Indiana voucher expansion bill
May 9, 2013
Associated PressGov. Mike Pence visited Calvary Christian School on the south side of Indianapolis on Thursday to sign the plan that will
make more children eligible for vouchers.
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In my opinion the estridge companies are crooks. They filed bankruptcy on their 'track housing' side of the business two weeks before they closed on one of my clients' homes. When my client first interviewed Estridge as a builder 6 months before, they specifically ASKED about the solvency of their business, knowing that some builders were struggling. Estridge truly misrepresented their financial situation at that time. I suppose I am more unhappy with the whole system than I am with the builder because what the heck==you can file bankruptcy on 'track homes' but still keep building and make money off of 'custom built' homes??? How ridiculous! They are all homes. How can a company be allowed to bilk thousands of dollars from their subcontractors but still be allowed to build houses?? they should have been made to pay back all their unpaid contractors before being allowed to profit from building any more houses! This alone makes them and the system crooks in my eyes. I would never build an estridge home and I would not recommend for my clients either. If they were truly 'bankrupt' how could they afford to keep building homes anyway??? The whole system needs fixed.
I live a couple blocks east of the Angie's campus and my house is assessed for ~$160,000. If I could get that amount, let alone $384,000 (a 140% bonus), I'd sell in a minute. Either Angie's stockholders just got fleeced, or Angie's is getting about a 58% discount on their property taxes, if these properties are actually worth what they paid Mr. Oesterle for them. Which do you think is the case?
Perhaps the IMA board is really to blame! They agreed to hire Charles. They can't seemingly find donors among themselves, or bring in new blood that will support the museums operating budget with an expanded museum and money to provide curators with something to do (ie buy art). The headlines of disarray at the museum and mass firings are hurting the reputation of the museum for some time to come. If people on the board had misgivings, perhaps they shpuld have more forcefully opposed efforts that they have seemingly been unable to fund, like expansion and the costs it has created!
See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.