Martinsville

Small radio stations find success with intensely local strategyRestricted Content

August 31, 2013
Chris O'Malley
Small Indiana-based radio broadcasters are surviving, and in some cases thriving, despite tough times for radio and years of consolidation that put stations in larger cities into hands of national heavyweights.
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IPL's $631M power plant to start construction in 2014

May 1, 2013
Mason King
Plans for the plant, officially announced Wednesday, call for an environmentally friendly facility outside of Martinsville that could produce 650 megawatts of power. Construction could employ 660 workers.
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Dry cleaners' solvents taint Martinsville's waterRestricted Content

November 3, 2012
Chris O'Malley
The U.S. Environmental Protection Agency recently proposed placing the city of Martinsville on its Superfund priority list, citing groundwater contamination traced to several former dry cleaning shops in the heart of town.
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Want to check your coat? Now, there's an app for that

May 5, 2012
Chris O'Malley
Indianapolis-based upstart CoatChex is preparing the launch of an iPad-based, ticketless coat-check system for bars through which a patron enters his phone number to check a coat and, later, to retrieve it.
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Jury awards $27M in damages over propane explosion

November 28, 2011
Associated Press
A jury has held a utility liable for $27 million in damages over a propane explosion at a central Indiana horse farm that killed a man and injured three family members.
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Martinsville Candy Kitchen hangs hopes on handmade canes

November 26, 2011
Andrea Muirragui Davis
Martinsville candy
                           canes watch videoShop owners John and Pam Badger churn out more than 20,000 candy canes in November and December, but they'd like to boost business the other 10 months of the year.
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IU Health fights Franciscan over family doc

August 15, 2011
J.K. Wall
IU Health Morgan Hospital sued Dr. Dianna Boyer on Aug. 3 to stop her from moving her practice to a facility Franciscan St. Francis Health is building in Martinsville.
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United Way steps in to help Morgan County's flood repair

October 9, 2010
 IBJ Staff
The grant came from a $45 million pool created by Lilly Endowment Inc. in 2008.
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Kmart closing Martinsville store

August 12, 2009
 IBJ Staff
Kmart Corp. has notified the Indiana Department of Workforce Development that its Martinsville store will close Nov. 30, costing 48 employees their jobs.
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New ER in Mooresville likely to intensify competition with Martinsville's Morgan HospitalRestricted Content

December 15, 2008
Chris O'Malley
St. Francis Hospital-Mooresville is seeing higher-than-projected use of a newly added emergency department that has firmed up its status as a full-service hospital.
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Group plans special-needs sports complex in MartinsvilleRestricted Content

December 15, 2008
A not-for-profit group led by an account executive at Clayton-based Ray's Trash Service is raising money to build a sports complex designed for people with special needs.
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  1. PJ - Mall operators like Simon, and most developers/ land owners, establish individual legal entities for each property to avoid having a problem location sink the ship, or simply structure the note to exclude anything but the property acting as collateral. Usually both. The big banks that lend are big boys that know the risks and aren't mad at Simon for forking over the deed and walking away.

  2. Do any of the East side residence think that Macy, JC Penny's and the other national tenants would have letft the mall if they were making money?? I have read several post about how Simon neglected the property but it sounds like the Eastsiders stopped shopping at the mall even when it was full with all of the national retailers that you want to come back to the mall. I used to work at the Dick's at Washington Square and I know for a fact it's the worst performing Dick's in the Indianapolis market. You better start shopping there before it closes also.

  3. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  4. If you only knew....

  5. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

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