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News & Analysis
Circle Centre hanging in despite anchor vacancy
May 8, 2013
Scott OlsonThe downtown mall last year saw its sales per square foot increase to $354, a 5.3-percent increase from 2011, according to
an annual operating report it provides to the city. But non-anchor occupancy slipped below 90 percent.
MoreWoof Boom to acquire 6 area radio stations
May 8, 2013
Mason KingAn Indianapolis investor group headed by longtime local radio broadcaster and executive Jerry Chapman will take over operations
at the stations, including three in Muncie, on June 1.
MoreIndiana's honey bee colonies see 30-percent drop
May 8, 2013
Associated PressIndiana's honey bee populations are taking a hit from a mysterious disorder that's devastating bee colonies across
the nation.
MoreSubaru to invest $400M in Lafayette plant, hire 900
May 8, 2013
IBJ Staff, Associated PressThe Japanese car maker already employs about 3,600 people at the plant and builds the Legacy and Outback cars and the Tribeca
SUV. With the new investment, it will boost capacity by 100,000 cars and begin making the Impreza.
MorePence readies 1st vetoes as Indiana governor
May 8, 2013
Associated PressPence has expressed concern with a measure shifting power from the Indianapolis City-County Council to Mayor Greg Ballard
and with a plan for a $100 million loan to the Indianapolis Motor Speedway.
MoreHamilton County voters approve school referendums
May 7, 2013
IBJ StaffA $95 million expansion of Fishers and Hamilton Southeastern high schools, and a $28 million project to expand Noblesville
High School were approved by voters Tuesday.
MoreReview finds no conflict in state's deal with Mainstreet
May 7, 2013
IBJ Staff and Associated PressGov. Mike Pence asked the Indiana Economic Development Corp. in early April to review its decision to grant $345,000 in performance-based
economic incentives to Mainstreet Property Group LLC, a company started by a top Republican lawmaker and his son.
MoreSubaru planning major expansion in Indiana
May 7, 2013
IBJ Staff and Associated PressSubaru plans to expand its Lafayette factory and add hundreds of workers to build the Impreza small car there, a source briefed
on the matter says.
MoreInteractive Intelligence shares soar after forecast upgrade
May 7, 2013
Dan HumanThe tech firm's shifting emphasis toward cloud services has boosted sales and profits. Strong results for the first quarter
lifted its stock as much as 20 percent Tuesday.
MorePence signs sentencing, IEDC-transparency bills
May 7, 2013
Associated PressIndiana Gov. Mike Pence signed three bills into law Tuesday, one involving government transparency in economic development
deals, one related to school safety and another overhauling criminal sentencing.
MoreCentral Indiana county not blocking wind farm plans
May 7, 2013
Associated PressDelaware County commissioners decided Monday that they won't take immediate action on a moratorium to block a proposed wind
farm.
MoreGovernor taps ex-WellPoint CEO Braly for IEDC board
May 7, 2013
J.K. WallThe appointment is the first high-profile post that Braly, 51, has accepted since she was ousted from the top spot at the
Indianapolis-based health insurer in August.
MoreArt imitates life in commercial based on Kosene family
May 7, 2013
Chris O'MalleyFormer Indianapolis filmmaker Alex Kosene bases the story in a local advertising shoot for a Swiss watchmaker on his relationship
with his developer dad.
MoreBrowning exec Dye joining The Whitsett Group
May 7, 2013
Scott OlsonDennis Dye will become a partner at Whitsett, a prolific developer of affordable housing. He has served two stints at Browning
totaling about 20 years.
MoreIndiana farmers still far behind planting corn crop
May 7, 2013
Associated PressThe federal government's weekly crop report says 8 percent of the Indiana corn crop was planted as of Sunday, well behind
the 82 percent planted by the same time last year.
MoreIndiana firms lose ground on Fortune 500 list
May 7, 2013
Mason KingFive of the six Hoosier firms that appear in the 2013 rankings slipped from their positions in last year's list of the largest
U.S. companies.
MoreInteractive Intelligence sees higher profit on more orders
May 6, 2013
IBJ StaffInteractive Intelligence Group Inc. saw earnings jump to $1.46 million in the first quarter as sales orders rose 31 percent.
MoreJudge grants class status to lawsuit against BMV
May 6, 2013
Associated PressAs many as 4 million Indiana drivers could become plaintiffs in a lawsuit alleging the Indiana Bureau of Motor Vehicles has
overcharged for driver's licenses since 2007.
MoreLilly CEO to step down temporarily due to surgery
May 6, 2013
J.K. WallJohn Lechleiter has been suffering from a dilated aorta, Eli Lilly and Co. said Monday. Current CFO Derica Rice will take
his place until later this summer.
MoreBiosciences institute aims for $300M endowment
May 6, 2013
J.K. WallThe effort to launch the Indiana Biosciences Research Institute got $25 million from the Legislature, but the life sciences
institutions backing the effort have set their funding sights much higher.
MoreLilly's sales-force restructuring to affect 1,600-plus
May 6, 2013
J.K. WallLilly will eliminate 1,624 positions from its U.S. sales force in July, according to a notice the company made to state officials.
But some of those workers may be rehired by the firm.
MoreDeveloper shelves plan to buy city land, build Meijer
May 6, 2013
Scott OlsonOpus Development Corp.'s proposal for the project north of downtown included buying and bulldozing dozens of historic homes
in the Flanner House neighborhood.
MoreIndiana Amtrak riders suggest more frequent trains
May 6, 2013
Associated PressState officials are studying the estimated $4 million to $5 million a year it might cost to continue Amtrak's Hoosier State
service between Indianapolis and Chicago.
MoreLilly taking hard look at Pfizer's new Viagra strategy
May 6, 2013
Associated PressMajor drugmakers, including Indianapolis-based Eli Lilly and Co., are closely watching Pfizer Inc.'s plan to sell Viagra directly
to consumers. The bold move blows up the drug industry's distribution model.
MoreParking competition prompts new airport plan
May 6, 2013
Kathleen McLaughlinIndianapolis International Airport has dubbed its parking brand "ParkIND" and will use it to promote new features
and discounts.
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So the Mayor adds another non value added layer to having a vehicle towed? Whereby the City Government RECIEVES AN ILLEGAL KICKBACK FROM A LGOISTICS COMPANY THAT SUBS THE WORK TO LOCAL TOW COMPANIES? What is the service the City performs for receiving the "tribute"? This is RICO!!!!! What a corrupt and unnecessary layer. What a dirtbag Mayor and his cronies.
Owner occupied housing. Clear enough?
So people think I am paranoid. It's from experience in dealing with puds requested by developers who make major donations themselves to representatives, have nice fund raisers for those running for office and hide through pac's. then there are the public relation firms. You will note some pr comments below. You there Clyde Lee? My opinion. Commercial along 421, great. Multifamily housing, terrible idea that will change the town. Senior condos or zero lot line homes west, great. I suggest keeping all entries to commercial areas at 421. All entries to owner occupied on sycamore. Will keep the traffic on sycamore down some. Two other things. You can't trust what will be there in 10 years. Steve builds quality stuff, but areas change over time. Look at the changes at the wall mart center at 86th and 421 over the last 10 years. Look at the apartments and neighborhoods behind St Vincent's. Raintree properties WILL decrease in value if commercial and multifamily goes in near. It has already been happening around the bridges area. The houses that have been sold recently are way below market. Several deals not closed due to the Illinois construction and the whole unsurety of the bridges. It's pretty simple, Zionsville will approve the whole thing because the city council has been groomed over a LONG period of time for this. I might even suggest some are in their position as a result of this.
Esta, do you have a dog in this fight? You seem to really want to knock anyone against this project. No, I didn't move to Indiana for the architecture. I moved here for that red barn in the field. The horses and fields of corn. A place that is NOT overdeveloped. There are plenty of nearby places in Indianapolis that could be REDEVELOPED instead.
RKW - OK, we get it, you're paranoid. The question is, are you paranoid enough? Greg - Yes, Pittman(s) is (are) at it again. They are developers, they build things. It's what they do. So when you go to work tomorrow, Greg, you're at it again too. Cliff - Really? You moved to Indiana for its progressive architecture? That's like moving to England for the cuisine. Zionsvillain - The house you moved to was once a field or woods. I'm willing to bet folks were upset when that ground was plowed under and a house was built. But I guess now that you are in, everything should stop? "My house was OK, but the next one is sprawl." SE Guy - Please don't paint us with such a wide brush. Most reasonable Zionsville residents welcome planned, measured development.