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News & Analysis
Indiana adds jobs; unemployment rate slips
May 17, 2013
Indiana added 4,400 nonfarm jobs in April and the unemployment rate fell slightly, to 8.5 percent, the Indiana Department
of Workforce Development reported Friday morning.
MoreRiver protest set for proposed central Indiana reservoir
May 17, 2013
Associated PressOrganizer and environmentalist Clarke Kahlo told The Herald Bulletin that the group is trying to build public awareness
of the amount of land that would disappear if the reservoir is built.
MoreNew owner shutting down 520-worker Indiana plant
May 17, 2013
Associated PressAllied Specialty Vehicles announced Thursday it was buying Monaco RV and shifting production to a factory in Decatur, near
Fort Wayne. The 520 jobs lost in Wakarusa won't be replaced on a one-to-one basis.
MoreAirport considers more parking changes
May 17, 2013
Kathleen McLaughlinIndianapolis International Airport plans to tweak another parking area, this time designating 260 spaces closest to the terminal
for people who intend to spend a short time inside.
MoreCritical questions follow reviewer's departure from Indy Star
May 17, 2013
Lou HarryThe state's largest newspaper is mum on whether reviews will continue after the Friday resignation of its fine arts critic.
Arts organizations are taking a wait-and-see attitude.
MorePANEL: Life sciences will see radically different future
May 17, 2013
IBJ convened a panel of experts at its Life Sciences Power Breakfast on May 10 to talk about the industry issues
of venture capital, digital health innovations and research university entrepreneurship.
MorePanel members included Kristin Eilenberg, CEO, Lodestone Logic, Infuse Accelerator; Philip S. Low, Purdue University professor of chemistry, founder and chief science officer at Endocyte Inc. and On Target Laboratories LLC; R. Matthew Neff, president, CHV Capital Inc.; Brian Stemme, project director; BioCrossroads; Brian S. Williams, director, Global Healthcare Strategy, PricewaterhouseCoopers International Ltd.; and Raul Zaveleta, CEO, Indigo BioSystems Inc.
The following is an unedited transcript of the discussion.
Canada’s Supreme Court won’t hear Lilly appeal on Zyprexa
May 16, 2013
Bloomberg NewsEli Lilly claims recent decisions by Canadian courts invalidating 17 drug patents have made the country an outlier among major
developed countries.
MoreCourt upholds Indiana's limit on civil damages
May 16, 2013
Associated PressThe Indiana Supreme Court has upheld the state law limiting punitive damages awarded in civil lawsuits and directs most of
that money to a state victims fund.
MoreHerff Jones acquisition to form $1B company
May 16, 2013
Mason KingDallas-based BSN Sports will join the Herff Jones portfolio of companies and continue to operate as its own branded entity.
Combined annual revenue is expected to top $1 billion.
MoreWestfield Farmers Market pulls plug on 2013 season
May 16, 2013
Andrea Muirragui DavisOrganizers at the not-for-profit Downtown Westfield Association on Wednesday said the open-air market near City Hall will
not operate this year. It had been scheduled for Friday evenings from June to September.
MoreWorkers allege improper collection of union dues
May 16, 2013
Kathleen McLaughlinThe Indianapolis operations of a Canadian paper company and a Teamsters-affiliated local union violated Indiana’s right-to-work
law, according to the allegations of six men who want out of the union.
MoreDowntown Lilly building fetches $90 million
May 16, 2013
Scott OlsonAmerican Realty Capital, a real estate investment firm based in New York City, bought the building on South Meridian Street
occupied by Rolls Royce Corp. Lilly vacated the facility in 2010.
MoreTruck stop mogul says he didn't know of fuel-rebate issues
May 16, 2013
Kathleen McLaughlinIn a speech in Indianapolis, embattled truck stop CEO and Cleveland Browns owner James Haslam took the blame for a lack of
oversight in his fuel-sales rebate program, which is the subject of a federal investigation.
MoreAerospace company plans central Indiana factory expansion
May 16, 2013
Associated PressL&E Engineering Co. officials say the company will spend $3.7 million to expand its Greenwood factory and add about 40
employees.
MoreTop Indiana wind farm drafts bat-protection plan
May 15, 2013
Associated PressThe operators of Indiana's largest wind farm are proposing changing the nighttime operations of the farm's 300-plus
wind turbines to protect endangered Indiana bats from being killed by the turbines' spinning blades.
MoreBloomington manufacturer closing, laying off 72
May 15, 2013
IBJ StaffHartmann USA said Wednesday that it will move the Bloomington operations to its U.S. headquarters in Rock Hill, S.C., where
it plans an $18 million expansion.
MoreSenior curator leaving IMA after 11-year stay
May 15, 2013
IBJ Staff and Associated PressLisa Freiman directed the opening of the Virginia B. Fairbanks Art & Nature Park: 100 Acres in June 2010 at the Indianapolis
Museum of Art. and is credited with transforming the experience of contemporary art in Indianapolis.
MoreFed review finds Indiana highway land deals compliant
May 15, 2013
Associated PressThe Federal Highway Administration report found Indiana Department of Transportation records were adequate and sufficient.
MoreIndianapolis couple charged with mail fraud
May 15, 2013
IBJ StaffGeorge Bowman, 43, and Traci L. Bowman, 42, are accused of falsifying purchase records and fraudulently filing insurance claims
for expensive construction equipment they never purchased.
MoreKessler Mansion neighbors balk at business uses
May 15, 2013
Dan HumanAn Indianapolis City-County Councilor is looking into the possibility of zoning violations at the massive north-side property.
The mansion will host a camp for entrepreneurs in June.
MoreLilly gives $1 million for art museum initiative
May 15, 2013
Lou HarryThe five-year program is designed to transform the Indianapolis Museum of Art into a more visitor-centered institution. The
first year will include enhancements to the upcoming Matisse show.
MoreEco devo veteran takes over Hamilton County Alliance
May 15, 2013
Andrea Muirragui DavisFormer state Department of Commerce Chief Tim Monger took the reins of the economic development group after financial woes
forced the organization to reevaluate priorities. He plans an aggressive approach.
MoreState unlikely to act on push for lower booze level for driving
May 15, 2013
The Statehouse FileFederal officials are recommending that states reduce the amount of alcohol people can drink and still get behind the wheel.
But a key state lawmaker says that's not likely to happen in Indiana.
MoreBall State: 5 revoked charter schools lose appeals
May 15, 2013
Associated PressBall State University has closed the books on its January decision to pull its sponsorship of seven academically struggling
Indiana charter schools.
MoreNational fraternities face more legal risk after court ruling
May 15, 2013
Bloomberg NewsAn Indiana appeals court ruling regarding the death of a Wabash College freshman may force national fraternities to take more
responsibility for misconduct at chapter houses.
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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.