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Government
ECONOMIC ANALYSIS: Urban growth crucial for regional prosperity
April 10, 2006
Patrick BarkeyOakland County, Mich., located northwest of the city of Detroit, is home to some of the wealthiest communities in the nation.
Its per capita income consistently ranks it nationally in the top-five counties, and a visual tour of its majestic homes,
well-funded private schools and sumptuous amenities confirms the material wealth of its residents. So why aren't economic
developers trekking north to Michigan to discover the secrets of this county's economic success? The answer is simple: Oakland
County is also...
MoreCOMPEN$ATION CLASH: Complexity boosts not-for-profit pay, but should work be its own reward?
April 10, 2006
Andrea MuirraguiAt least two large Indianapolis not-for-profits have been investigated-and cleared-as part of an Internal Revenue Service
examination of compensation practices at tax-exempt organizations. Preliminary results of the nationwide inquiry aren't expected
until fall, but the scrutiny already has increased the volume in an ongoing debate over how not-for-profit executives should
be paid. Some observers have called for setting limits on not-for-profit compensation, citing the charitable nature of the
work. Others insist sixor seven-figure pay packages are not out of line...
MoreExperts: Businesses should prep for bird flu: Vast majority of U.S. companies have not budgeted for possible pandemic, despite
warnings from health officials
April 10, 2006
Scott OlsonThe much-hyped Y2K computer bug came and went without so much as a whimper from a whirring hard drive. But unlike the threat
of malfunctioning computers, health experts warn that the potential danger of an avian flu pandemic is far greater. In the
event of a widespread outbreak in the United States, companies large and small need to be prepared in order to keep interruptions
to a minimum, they say. "I am an evangelist for having a contingency plan," said...
MoreTourism's new buzz: Product development: Officials want to build on Indiana's unique assets
April 3, 2006
Matthew KishBillboards in southern Indiana used to tug spelunkers in four different directions. Come to Marengo Caves. Spend an afternoon
at Bluespring Caverns. Visit Wyandotte Caves. Don a headlamp at Squire Boone Caverns. Two years ago, however, operators at
the four attractions decided it might be a better use of cash to market the area as a single attraction. They pooled their
advertising budgets and printed a brochure that listed all four destinations. They also created a passport that visitors could...
MoreNOTIONS: A lesson in contemporary communication: Trust me?
April 3, 2006
Bruce HetrickI spent March 24 at Ball State University, sitting in a small conference room with some grand poobahs of public relations.
A few Hoosier colleagues and I were matched with these industry mavens to discuss the rise of a phenomenon known as "citizen
journalism," "participatory communication," "peer-to-peer (or p2p) communication," and other, occasionally less-flattering,
terms. Whatever the moniker, the notion is this: With the proliferation of digital media and the Internet, every Dawn, Dick
and Mary can create and disseminate...
MoreABDUL-HAKIM SHABAZZ Commentary: Mayor: Look elsewhere for Indy Works votes
April 3, 2006
As another legislative session fades into memories and lawmakers go back to their districts to explain their votes, it's a
good time to offer some advice to Indianapolis Mayor Bart Peterson. I have always liked Hizzoner and we have had good interaction.
I think it's safe to say we both agree on consolidating government, but we may disagree on method. I come from the school
of thought that says, "Destroy your opponents and parade their heads on spears in the...
MoreCHRIS KATTERJOHN Commentary: Newspapers' eulogies premature
April 3, 2006
With the proliferation of news sites on the Internet, much has been made of the pending death of newspapers. As the so-called
new media attract bigger and bigger audiences, especially among young adults, newspapers are being characterized as the "emblem
of the old media" and "an industry on the defensive." Not so fast. As we consider the demise of newspapers, it would be wise
to do a reality check on current trends and perhaps revisit the ideas that made newspapers...
MoreVIEWPOINT: 'Eating our young' as a way of mentoring?
March 27, 2006
Tim MulherinI recently came across an insightful publication by the Center for the Development of Peace and Well-Being at the University
of California, Berkley, called Greater Good. One article especially caught my attention: "Inspiring Good Work" (spring-summer
2005 issue) by researchers Wendy Fischman and Howard Garner, of Harvard University's GoodWork Project. As highlighted in the
article, the GoodWork Project's research, under way for the past decade, has revealed that young people leaving college and
embarking on their professional careers are finding...
MoreIndiana to alter Web site: Small IT firms aren't thrilled with contract requirements
March 27, 2006
Peter SchnitzlerFor the first time in more than a decade, Indiana is shopping for a Web portal manager. Indiana Office of Technology CIO Karl
Browning is attempting to make the state's award-winning Internet gateway even better. The hunt will also test Gov. Mitch
Daniels' "Buy Indiana" initiative, which aims to give local companies a leg up in competition for state contracts. The larger
players in Indiana's IT community say they're pleased with the new process. But some smaller firms complain it's...
MoreVOICES FROM THE INDUSTRY: Green building trend should be here to stay
March 27, 2006
Fred GreenTrends come and go all the time in the architecture and construction fields. But one movement that is proving to be steadfast
and is gaining momentum is called "green architecture." Simply stated, it is the effort to minimize the effect of new and
refurbished buildings on their environment. The green approach to building design is often seen by many as merely focusing
on the recycling of building materials, but in fact addresses multiple aspects of the construction process. Green design...
MoreECONOMIC ANALYSIS: A revolution in health care: Consumers will call shots
March 27, 2006
Patrick BarkeyI once had a doctor who shared with me a little joke about medicine. It comes to mind every year as I get older and more susceptible
to life's ailments. Doctors, he said, don't really cure anything. They just let you trade in one malady for another. I know
he was talking about the side effects of medicines and treatments we take for our weak hearts and faltering knees. But I keep
thinking it applies equally to the situation of...
MoreSTATEHOUSE DISPATCH: Short but historic session produces election plot lines
March 27, 2006
Ed FeigenbaumYou can go home now (unless you live in Perry Township) and rest somewhat assured that the governor and state lawmakers won't
do anything untoward to you until, at the soonest, November. Yes, the 2006 short session of the Indiana General Assembly has
run its course, and left the state with some key policy and economic legacies. Not the least of them, as we have discussed
at length in this column, and has been covered elsewhere in these pages, are...
MoreEYE ON THE PIE: Legislature wastes another session
March 27, 2006
Morton MarcusThe 150 men and women who make up the Indiana General Assembly have finished their annual freak show, folded their tents,
and departed from Indianapolis. In their wake, they left some truly terrible legislation and another record of neglect for
the interests of Indiana's too-long-suffering population. What was wrong with this session of the General Assembly? Your local
editor will not grant me the space to be either sufficiently complete or detailed. Let's start with the governor's Major Moves
program....
MoreHealth care developers eye their next frontier: Northeast Hamilton County offers a lucrative market
March 27, 2006
Tom MurphyChris Hamm's phone started buzzing with calls from health care developers once plans for an extension of 146th Street east
to Interstate 69 crystallized a couple years ago. The Noblesville economic development director said several organizations
have shown "significant interest" in planting health care businesses along 146th Street, which will see a big boost in traffic
once workers complete the interstate connection in the fall of 2007. At least three health-care-related deals are in the works,
he added, declining to...
MoreSchneider Corp. has designs on big growth in Lawrence: Long-time engineering firm gets boost from state as it plans to make
$4.4 million investment, add 140 workers
March 27, 2006
Scott OlsonThe voluminous building the Schneider Corp. occupies on the former Fort Benjamin Harrison property was built as a barracks
for enlisted men and later converted to a dormitory. So it's fitting that the locally based engineering firm has a vision
to create a university-type setting on its nearly fouracre campus where employees can receive training without stepping foot
off the property. "We've worked on a strategic plan for the last couple of years, and Schneider University is part of that...
MoreTOM HARTON Commentary: Kids were pawns in an adult game
March 27, 2006
Judge S. Hugh Dillin is dead, but the negative consequences of his school desegregation orders are still with us. Dillin,
who died March 13, didn't invent white flight, suburban sprawl or broken urban school systems, but if those problems were
smoldering in 1970s Indianapolis, Dillin's decisions poured gasoline on the fire. This column is not a diatribe against Dillin.
His decisions were only interpretations of the law, after all, and the highest court in the land affirmed them. Based on...
MoreFederal patent legislation could mean major changes: Proposed reform act could cut down on 'trolling' and litigation by switching
approvals to a first-to-file system
March 20, 2006
Scott OlsonPending federal legislation could bring sweeping changes to a patent system critics say is broken and in need of repair. The
Patent Reform Act-before Congress since last year-presents the most substantial overhaul in decades. Significant changes include
creating a process to challenge patents after they are granted and awarding a patent to the first person to submit paperwork.
Patents currently are granted to the first person who hatched the invention, regardless of when documents were filed. Time
frames, though, can...
MoreShort session long on action: Led by Major Moves, telecom successes, biz interests fared well in 2006 General Assembly
March 20, 2006
In less than three months, the Indiana General Assembly approved a pair of blockbuster economic-development measures designed
to dramatically upgrade the state's infrastructure. With the passage of Gov. Mitch Daniels' Major Moves initiative, Indiana
will lease the Indiana Toll Road to an Australian-Spanish consortium for 75 years. It will use the upfront, $3.9 billion payment
to build roads. Meanwhile, the approval of telecom deregulation sets the stage for more local phone, cable and Internet competition.
Daniels, a Republican, argued that...
MoreSTATEHOUSE DISPATCH: Low poll numbers don't seem to slow Daniels' agenda
March 20, 2006
Ed FeigenbaumFor a guy whose approval level is about as low as-well-the president's, and who was pushing a program about as popular as
turning over supervision of vital national assets to a foreign entity (see the parallels yet?), Gov. Mitch Daniels sure enjoyed
some major success this legislative session. He just signed a wide-ranging telecommunications deregulation measure he had
strongly advocated, placing Indiana at the cusp of reform in the field, after several years of the Legislature's refusing
to move off...
MoreIndiana calls off Monster contract: Newspapers hoping to have some input about state job bank
March 20, 2006
Tammy LieberThe state's largest newspapers will have a second chance at weighing in on a state effort to create a new online job bank,
thanks to a halt in negotiations between the state and job-search giant Monster. The Indiana Department of Workforce Development
and Monster Government Solutions were close to finalizing a fouryear, $2.8 million contract for Monster to develop and maintain
a statewide job search and recruitment system when the deal was called off in early March. Monster would have...
MoreFederal farm lending could shrivel under latest budget: Banking associations oppose proposed fee increases
March 13, 2006
Scott OlsonBrent Kerns likes to compare the U.S. Department of Agriculture's lending program to that of the Small Business Administration's.
In short, the USDA helps farmers the way the SBA assists small-business owners. But if a proposal to cut the budget of the
farm loan program is approved, it could become as expensive to use as the SBA's offering. Supporters fear a hike in user fees
would hurt those who need the money the most. "That cost goes straight to the...
MoreYou can take it to the bank: Financial experts say state's economy is rising, merger mania isn't over and regulatory laws
could take a toll
March 13, 2006
On Feb. 24, IBJ Publisher Chris Katterjohn, Managing Editor Greg Andrews and banking reporter Matt Kish sat down with four
leaders from Indianapolis' banking and finance sector: Judith Ripley, director of the Indiana Department of Financial Institutions;
Kit Stolen, CEO of Union Federal Bank of Indianapolis; Steve Beck, president and CEO of the Indiana Venture Center; and Keith
Slifer, senior vice president of LaSalle Bank. Among the topics of conversation: How's the state's economy doing? Are more
bank mergers on...
MoreFederal deposit insurance reform beefs up coverage: Retirement savings accounts stand to benefit most
March 13, 2006
Scott OlsonFederal deposit insurance reforms signed into law by President Bush last month boost coverage of some retirement accounts
and will raise coverage for other bank accounts beginning in 2010. The legislation, debated by lawmakers for the past six
years, is significant because it offers the first increase in deposit insurance coverage in more than 25 years, and just the
seventh rise since 1935. Federal deposit insurance currently covers as much as $100,000 per depositor. Starting no later than
November, depositors...
MoreWishard bounces back, projects $23M surplus: Improved billing, debt collection dry up red ink
March 6, 2006
Tom MurphyWishard Health Services made it back into the black in 2005, three years after posting a staggering loss of $77 million. The
not-for-profit, public hospital system expects to record a $23 million surplus on $362 million in revenue when budget totals
are final in a few months. Its leaders expect to wind up with another surplus in 2006. Such performance is a noteworthy achievement
in the public health universe, said Lynne Fagnani, senior vice president for the Washington, D.C.-based National...
MoreNOTIONS: As fumes meet fare, my restaurant boycott begins
March 6, 2006
Bruce HetrickRecently, I testified before the Greenwood Common Council. I spoke in favor of that community's proposed ban on workplace
smoking. The stuff killed my wife, Pam, a 49-year-old nonsmoker, so I encourage practitioners of good government to spare
others the same fate. When all the witnesses had filled the allotted 30 minutes, Greenwood's council members spoke up-most
in favor. But an opponent, Councilman Ron Deer, said smokers ought to have choices. No, he said, people should not be able
to...
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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.