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News & Analysis
Former hospital could become student housing
January 19, 2009
Cory SchoutenIvy Tech Community College is working with private developers on an $18 million plan to turn the old St. Vincent Hospital
on Fall Creek
Parkway into a housing complex for Ivy Tech and IUPUI students.
MoreFalling scrap prices hurt recycling industry
January 19, 2009
Sam StallIt's the best of times and the worst of times for Indianapolis recycling firms. On the one hand, public interest and participation
in recycling programs have never been stronger. On the other, the industry's capacity to turn all that trash into treasure
rarely has been weaker.
MoreCity's environmental effort gets boost
January 19, 2009
Chris O'MalleyThe McKinney Family Foundation has created a fund to support initiatives of Mayor Greg Ballard's 3-month-old Office of Sustainability,
an environmental initiative that promotes projects ranging from energy-efficient city buildings to bicycle paths.
MoreSagamore Club hits financial rough
January 19, 2009
Anthony SchoettleMembers of an exclusive Noblesville golf club are worried the operation might fold under financial pressure, but The Sagamore
Club's
operators say a predicted cash infusion will keep golf balls flying this spring.
MoreCarmel startup lands $12M in venture capital
January 19, 2009
Peter SchnitzlerCarmel startup Waterstone Pharmaceuticals Inc., which hopes to research drug components here and make them in China, has just
raised $12 million in venture
capital—despite the recession and a deep freeze in financial markets.
MoreTheater companies multiply, but audiences don't
January 19, 2009
Kathleen McLaughlinNew theaters have popped up in Indianapolis and around the United States in recent years, adding to communities' cultural
vitality. But a first-of-its-kind national study reveals a trend that could spell trouble: As theaters multiplied, the overall
audience shrank.
MoreMass Ave redevelopment reaches a roadblock
January 19, 2009
Cory SchoutenIndianapolis Public Schools is looking for a new redevelopment strategy for its 11-acre facility on Massachusetts Avenue after
an ambitious proposal for the historic former Coca-Cola bottling plant fizzled.
MoreOBS Medical hopes to capture pharma's heart
January 19, 2009
J.K. WallThe latest product to come out of Carmel-based OBS Medical may be just what the doctors ordered. The doctors working for major
pharmaceutical companies, that is.
MoreIT not what it was at time of landmark report
January 19, 2009
Chris O'MalleyA 2000 study has proven to be "remarkably prescient" in identifying information technology as a mainstay of the
local economy that would "affect
all industries and all jobs," said Michael J. Hicks, the top economist at Ball State University.
MoreTown of Fishers considers new form of government
January 19, 2009
Kathleen McLaughlinSitting in gridlocked traffic along Interstate 69, Fishers residents might already think of their town as
a city. This sprawling suburb of 65,000 people certainly looks nothing like the burg of less than 1,000 it was three decades
ago.
But down at the municipal government complex, Fishers is still a town, just as it was incorporated in 1891.
MoreLilly settles Zyprexa marketing suit for $1.4 billion
January 15, 2009
J.K. WallIndianapolis-based Lilly pleaded guilty to one violation of the Food, Drug and Cosmetic Act on Thursday and agreed to pay
$1.42 billion to settle both that criminal charge as well as civil lawsuits in which it did not admit wrongdoing.
MoreLegislation takes aim at Anthem
January 12, 2009
J.K. WallAnthem Blue Cross and Blue Shield's growing market dominance in Indiana is sparking a backlash from doctors who plan to push
a bill this year in the Indiana General Assembly that would allow physicians to reject patients covered by massive health
insurer.
MoreMacVittie reviving Caldwell VanRiper agency
January 12, 2009
Anthony SchoettleOne of Indianapolis' most storied advertising agency names is coming back to the local market. Longtime local ad exec Paula
MacVittie came out of retirement late last year to acquire Marc USA Indianapolis from
its Pittsburgh-based parent company, renaming the firm Caldwell VanRiper.
MoreMovie about first Indy 500 ready for green flag
January 12, 2009
Anthony SchoettleA local group headlined by the creator of the movies "Hoosiers" and "Rudy" is spearheading an effort to bring the story of
the very first Indianapolis 500 to the silver screen.
MorePenrod suspect had past brushes with the law
January 12, 2009
Kathleen McLaughlinAs an accounting student at Ball State University, Brandon J. Benker had a thirst for high-stakes gambling. But that didn't
keep Benker from landing a job with an Indianapolis accounting firm, or serving as treasurer of The Penrod
Society, a local not-for-profit that now alleges he took every penny of the $380,000 in its account.
MoreGreen bills sprout at Statehouse
January 12, 2009
Chris O'MalleyLegislation filed in the Indiana General Assembly this year seeks renewable energy mandates, stricter building codes throughout
Indiana.
MoreLocal chiropractor bounces into fitness business
January 12, 2009
Whitney LeeFishers chiropractor Steven Roberts had been teaching fitness classes using inflatable exercise balls for about seven years
when he had a brainstorm—his adult clients might get even more out of them if the balls had handles.
MorePortrait and Pasquinelli Homes winding down in Indianapolis
January 12, 2009
Cory SchoutenOne of central Indiana's largest condominium builders may have to exit the market because of slowing demand and problems with
financing. At peak, Chicago-based Portrait and Pasquinelli Homes was building 250 units per year in Indianapolis
MoreBall State hopes for gold as students follow profs into new media ventures
January 12, 2009
J.K. WallStudents, commerce and emerging media have moved to the forefront of Ball State's mission under President Jo Ann Gora, attracting
corporate dollars to the university.
MoreCraving for convenience fuels Ivy Tech's online boom
January 12, 2009
Scott OlsonStudents are flocking to online classes at Ivy Tech Community College faster than the burgeoning college is racking up overall
growth—mirroring a national trend toward computers over classrooms.
MoreUPDATE: Macy's closing wounds ailing mall
January 8, 2009
Scott OlsonMacy's decision to close its store at Lafayette Square could deal a devastating
blow to a mall already reeling from the loss of other major tenants.
MoreIMA cuts will delay Art & Nature Park
January 6, 2009
Lou HarryThe Indianapolis Museum of Art today announced a series of cutbacks designed to trim $1.7 million from its budget due to revenue
shortfalls and "significant losses" to its endowment.
MoreIUPUI startup eyes yeast as fuel for ethanol
January 5, 2009
Chris O'MalleyA firm hatched out of the Indiana University School of
Medicine has raised $150,000 toward bringing to market yeasts that could be a cure for one of the biggest bioengineering challenges
of the day.
MoreBiotech venture fund in works
January 5, 2009
Peter SchnitzlerBioCrossroads is setting the stage to create Indiana Future Fund II, an effort that would raise tens of millions of dollars
for speculation on promising Hoosier life science companies.
MoreSellout streak lifts Colts into NFL elite
January 5, 2009
Anthony SchoettleA statewide marketing plan and an enduring on-field winning record engineered by all-pro quarterback Peyton
Manning have put the Indianapolis Colts and their fans among the National Football League's elite in terms of consecutive
home sellouts.
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First, the Athenaeum is going to have to get past the hurdle with the Lockerbie residents and the agreement that the parcel would be residential. Second, and in my opinion, this prime piece of property should include parking, PLUS, a black box theater(s), some market rate and affordable artist housing and a plan to renovate and reconfigure the second story theater. I would negotiate to add the DeHaan property surface parking lot into the development mix, place a one story surface parking garage on the DeHaan lot on the street level (for the Dehaan tenants use during the daytime) and add a second story to the garage that would become an addition to the current second story theater and then change the direction of the theater by moving the stage across the alley and on top of the DeHaan lot parking. You can add all the stage elements that are currently missing from the Athenaeum stage to make it more attractive for use by Ballet, Opera and traveling productions. Plus, the theater changes would probably help solve some of the soundproofing issues. Alas,it does not seem to be a part of the strategic plan to conduct a study to determine best use of the property. Seems like the current plan is a quick and easy move that ignores the property best use/potential and any strategic property planning for the effect on future generations.
I recall that MSA's pilings are still in the ground and hard to remove. It’s not likely any proposal will include significant underground construction/parking because of this. Start adding 2 floors of retail, 8 floors of parking and 5-10 floors of possible hotel, and/or 10-20 floors of residential, and you are at 30 floors already with possible expansion of all the uses. But then again I could be wrong.
Accoriding to their website there is no deadline to the Do Not Call list. What is this article referring to??
On what planet are they entitled to this largesse from the stockholders? These people make multi-million dollar salaries: Pay for your own personal travel.
It matters because they're already paid enormously fat salaries: Pay for your own personal travel. Being "taxed on it" isn't a valid excuse--so what? They're still being gifted a raft of luxury perks from somebody else's money on top of an enormous, lavish salary.