News & Analysis

Fort Wayne schools want 3rd party to review ISTEP

May 22, 2013
Associated Press
Indiana's largest school district says it won't accept results of this year's standardized testing until an independent third party validates the scores.
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Mayor suspends land bank after indictments

May 22, 2013
Associated Press
Indianapolis Mayor Greg Ballard on Wednesday sidelined a city program that sells vacant and tax-delinquent properties, one day after federal prosecutors indicted two of its top officials for allegedly accepting bribes and kickbacks.
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Three former executives sue Carbon Motors over pay

May 22, 2013
Associated Press
Executive vice presidents of a company that planned to build high-tech police cars at an eastern Indiana factory are seeking more than $600,000 in deferred wages.
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Indiana presses ahead with I-69's next section

May 22, 2013
Associated Press
The company that will build the 21-mile Bloomington-to-Martinsville segment by upgrading existing State Road 37 will sign a public-private deal under which it will arrange its own financing to design and build that stretch.
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Pittman pitches $90M mixed-use project for Zionsville

May 22, 2013
Andrea Muirragui Davis
One of the highest-profile tracts of undeveloped land in Zionsville could be transformed into a commercial and residential hub if Pittman Partners' 62-acre project gets the town’s blessing.
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Polaris plans $4.7 million laboratory expansion

May 22, 2013
 IBJ Staff
Polaris Laboratories LLC, an Indianapolis-based company that analyzes oil, fuel and coolants, said it plans a $4.7 million local expansion that will add up to 25 employees by 2016.
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Kennedy partners with Olympic runner to buy shoe chain

May 22, 2013
Anthony Schoettle
Indiana running icon Bob Kennedy believes Movin Shoes Inc. has great potential for growth. Its California location doesn't violate Kennedy's non-compete agreement with Indiana's BlueMile chain.
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Stonegate raises $115M to fund jumbo mortgage expansion

May 22, 2013
Bloomberg News
The fast-growing Indianapolis-based firm will use the funds to fuel originations of loans not intended for government-backed programs, as well as to build its portfolio of servicing contracts, CEO Jim Cutillo said.
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EPA seeks to add Keystone property to Superfund list

May 22, 2013
 IBJ Staff and Associated Press
The U.S. Environmental Protection Agency on Tuesday proposed adding three sites in Indiana—including one in Indianapolis—to its highest priority cleanup list for hazardous waste sites.
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Lilly Endowment's $3.4M grant to bring more teachers to Indy

May 22, 2013
Mason King
Indianapolis-based education reform group The Mind Trust will use the grant to help support teacher recruitment and training programs such as Teach for America.
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Indiana ambulance plant with 165 workers closing

May 22, 2013
Associated Press
The decision to close the Elkhart factory comes two weeks after Allied Specialty Vehicles bought SJC Industries. Production will be moved to a Florida factory in the coming months.
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ESPN counting on story lines to sell Indy 500

May 21, 2013
Associated Press
There is no shortage of compelling story lines accompanying Sunday's race, leaving television executives feeling confident about another bump in viewership this year.
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Indiana BMV says it may have overcharged for licenses

May 21, 2013
Associated Press
The Bureau of Motor Vehicles made the acknowledgement in a response to a class-action lawsuit that alleges Indiana collected up to $30 million more than it should have by charging drivers more for licenses than allowed by law.
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Feds used wire tap, undercover agent in Land Bank probe

May 21, 2013
Cory Schouten
A federal public-corruption task force used a wire tap and an undercover FBI agent to unravel a fraud scheme authorities say was orchestrated by two city employees and three co-conspirators.
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Fox59 lands news director from Grand Rapids

May 21, 2013
 IBJ Staff
Kerri Cavanaugh will replace Lee Rosenthal, who oversaw a major expansion of Fox59's news programming.
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Feds charge 5 in Indy Land Bank kickback scheme

May 21, 2013
Cory Schouten
Federal prosecutors have charged two city employees in the Department of Metropolitan Development and three others in a scheme involving cash kickbacks on the sale of properties in the Indy Land Bank.
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Donors help after girl's stand shut down at track

May 21, 2013
Associated Press
Morgen Morris said she had a line of customers during Saturday's Indy 500 qualifications day when a Indianapolis Motor Speedway employee told her she had to shut down her lemonade stand.
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Beleaguered former IU-Kokomo chancellor lands new job

May 21, 2013
 IBJ Staff
Michael Harris, who resigned from IU-Kokomo on Sept. 19, claimed he was the victim of a smear campaign by school administrators.
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St. Vincent sports practice to fill vacant Clay Terrace big box

May 21, 2013
Scott Olson
St. Vincent Sports Performance will occupy a building in Clay Terrace originally occupied by Circuit City.
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Group claims Ball State prof teaching creationism

May 21, 2013
Associated Press
The Freedom From Religion Foundation has filed a formal objection with university officials over an elective honors class called "Boundaries of Science," which the foundation maintains teaches religion rather than science.
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Indiana lawmakers gave approval to 12 percent of 2013 bills

May 21, 2013
Associated Press
Measures filed in the Indiana General Assembly this year faced about 1-in-8 odds of making their way to the governor's desk.
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FBI searches City-County Building, makes multiple arrests in Land Bank probe

May 21, 2013
Cory Schouten
FBI agents on Tuesday morning conducted a warrant search at the Department of Metropolitan Development in the City-County Building, shortly after agents arrested multiple people, including city employees.
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Central Indiana county leaders back reservoir study

May 21, 2013
Associated Press
The Delaware County commissioners on Monday endorsed a resolution supporting environmental and engineering studies for the proposed Mounds Lake Reservoir.
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HHGregg earnings sink on declining sales

May 20, 2013
 IBJ Staff
The Indianapolis-based retailer saw a big drop in earnings in its latest quarter on decreased sales, lower profit margins and higher advertising expenses.
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Sanctions against Penn State were necessary, NCAA tells judge

May 20, 2013
Bloomberg News
The National Collegiate Athletic Association’s sanctions against Pennsylvania State University for its role in the Jerry Sandusky sex-abuse scandal were needed to protect the integrity of intercollegiate sports, a lawyer for the Indianapolis-based association argued in court Monday.
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  1. Doug Henning!

  2. These guy were thugs — they grew up in freaking Haughville! Smh, sigh. If the mayor needs/wants "quality" Black Hoosiers who are NOT corrupt, give me a call — I know plenty. Land bank info here - http://www.kubepharm.com/indylandbank/IndyLandBank.html

  3. Magician and illusionist!

  4. The basic idea of nice apartments with parking and retail is a good one, but this design seems overwhelmingly big/tall for Broad Ripple. The size could be disguised a bit with lots of big trees/landscaping, but the complex is too massive to blend in easily. That section of canal between College and Westfield will also need to be upgraded on both sides. Nice apartments facing onto a nice promenade with shade trees/plantings could bring together the canal towpath/Monon recreation, the outdoor seating at existing restaurants, and this project into something that upgrades the whole area. A plan for the whole stretch makes more sense than facing nice new housing onto what looks like a ditch. Is there a plan? Does the public have input? Who pays? The apartment idea seems to be reasonable, but Whole Foods is not a good idea for appropriate retail. Besides the store being physically too big, there are already Fresh Market at 54xCollege and Whole Foods in Nora for fancy groceries. Good Earth and Kroger are within walking distance of the Shell site. There are at least 7 grocery stores within a safe bike ride. Whole Foods would add nothing but traffic congestion. This design is on the right track, but there needs to be more work done to ensure that it blends in with and enhances the existing community. A project that large will set a tone for that whole part of town. It could be a real asset, but only if done right.

  5. I did not move to Zionsville to live in Carmel. This and the subsequent developments to follow will ensure a vanilla uniformity of strip malls and apartment buildings as we seek to bring our town down to the least common denominator. We were warned before recent elections that pro-development council members would make sure their friends (landowners and developers) would be able to make their millions off of the exploitation of Zionsville. Why in God's name would we sell out the best preserved small town in the State of Indiana?

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