Inside Dish

INSIDE DISH: Bonge's Tavern survives, thrives in the boonies

May 31, 2010
Mason King
Bonges Watch videoDespite setbacks including a devastating lightning strike, Tony Huelster of Bonge's Tavern has turned the middle-of-nowhere eatery into a dining hotspot.
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INSIDE DISH: Ambrosia's Pizzi hits learning curve

May 21, 2010
Mason King
Ambrosia_WatchVideoLocal restaurateur Gino Pizzi refocuses his new downtown locale after unexpected challenges, including higher costs and lackluster lunch business.
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INSIDE DISH: Real estate deals central to success for Santorini

May 14, 2010
Mason King
Santorini_watchvideoShrewd moves have allowed restauranteur Taki Sawi to cement Santorini Greek Kitchen in Fountain Square and pave the way for future expansion.
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INSIDE DISH: Brugge Brasserie brews plans for expansion

May 7, 2010
Mason King
Brugge_WatchVideoThe Broad Ripple-based brewpub's owners bet its Belgian beer and vittles will go over just as well outside Indy. But first they need $1 million from an investor, in part to streamline brewing.
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INSIDE DISH: Papa Roux pops after stumbling at the start

April 30, 2010
Mason King
PapaRoux_WatchvideoArt Bouvier fled his corporate IT gig to open a small Cajun place without a business plan or prior restaurant experience. After a number of blunders, Papa Roux looks like it will pan out.
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INSIDE DISH: Mug-n-Bun rides on 50-year formula

April 23, 2010
Mason King
MugnBun_WatchVideoIBJ's new video feature on restaurateurs tries curbside service at Speedway's Mug-n-Bun, unchanged in concept since the 1960s but now sporting subtle tweaks.
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INSIDE DISH: Restaurateur rebounds with Pizzology

April 16, 2010
Mason King
Pizzology_WatchVideoAfter a sales slowdown during the recession forced him to close the high-end eatery L'explorateur, Neal Brown mulled a move into Neopolitan-style pizza with friendlier price points. The result—Pizzology Pizzeria & Pub—is off to a profitable start.
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INSIDE DISH: Harried chef at R bistro tries to keep it fresh

April 9, 2010
Mason King
InsideDish_Rbistro_WVIn IBJ's new video feature on front-burner business issues that vex restaurants, Regina Mehallick of downtown's R bistro mulls the financial and personal demands of running a chef-owned eatery with a menu that changes every week.
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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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