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News & Analysis
WellPoint among 13 picked to join California exchange
May 23, 2013
Bloomberg NewsCalifornia residents who choose to buy health insurance through the state exchange being created by the Affordable Care Act
may end up paying higher premiums.
MoreIndiana lawmakers to review ISTEP test troubles
May 23, 2013
Associated PressIndiana lawmakers said Thursday they will spend the coming months reviewing computer troubles with a statewide standardized
test, the use of land banks to sell vacant property and other problems uncovered around the state.
MoreSt. Vincent Health plans job cuts, but mum on numbers
May 23, 2013
J.K. WallSt. Vincent Health will lay off an unspecified number of employees across its 22-hospital network by June 30 in a cost-saving
move. The hospital blamed the job losses on Obamacare, cuts to Medicare reimbursement, and lower-than-expected volumes of
patient procedures.
MoreDenver-based firm laps up BlueMile running chain
May 23, 2013
Anthony SchoettleBlueMile, a local six-store running specialty chain, has been acquired by a group that includes Indianapolis-based sports
goliath The Finish Line Inc. The deal is expected to speed BlueMile's expansion.
MoreIvey stepping down as leader of Pulliam trust
May 23, 2013
IBJ StaffHarriet Ivey, president and CEO of the Nina Mason Pulliam Charitable Trust since its founding more than 15 years ago, plans
to retire early next year, the trust announced Thursday.
MoreCity to award towing contract to California firm
May 23, 2013
Kathleen McLaughlinIndianapolis will choose a San Francisco-based company to oversee city-ordered towing under a contract expected to be authorized
Thursday afternoon.
MoreWaste-management firm hit with environmental fines
May 23, 2013
Dan HumanSome of the violations cited by the state are related to poor handling of hazardous materials at the Heritage-Crystal Clean
Inc. facility in Speedway.
MoreU.S. unemployment aid applications show decline
May 23, 2013
Associated PressJobless claims are showing gradual improvement, but for hiring to strengthen enough to lower the unemployment rate to a more
normal level, companies must gain more confidence in the economy.
MoreCeladon acquires Canadian trucking company
May 23, 2013
IBJ StaffHyndman Transport Limited, based in Wroxeter, Ontario, operates about 175 tractors and brought in roughly $48 million in revenue
in 2012.
MoreFort Wayne schools want 3rd party to review ISTEP
May 22, 2013
Associated PressIndiana's largest school district says it won't accept results of this year's standardized testing until an independent
third party validates the scores.
MoreMayor suspends land bank after indictments
May 22, 2013
Associated PressIndianapolis 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.
MoreThree former executives sue Carbon Motors over pay
May 22, 2013
Associated PressExecutive 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.
MoreIndiana presses ahead with I-69's next section
May 22, 2013
Associated PressThe 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.
MorePittman pitches $90M mixed-use project for Zionsville
May 22, 2013
Andrea Muirragui DavisOne 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.
MorePolaris plans $4.7 million laboratory expansion
May 22, 2013
IBJ StaffPolaris 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.
MoreKennedy partners with Olympic runner to buy shoe chain
May 22, 2013
Anthony SchoettleIndiana 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.
MoreStonegate raises $115M to fund jumbo mortgage expansion
May 22, 2013
Bloomberg NewsThe 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.
MoreEPA seeks to add Keystone property to Superfund list
May 22, 2013
IBJ Staff and Associated PressThe 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.
MoreLilly Endowment's $3.4M grant to bring more teachers to Indy
May 22, 2013
Mason KingIndianapolis-based education reform group The Mind Trust will use the grant to help support teacher recruitment and training
programs such as Teach for America.
MoreIndiana ambulance plant with 165 workers closing
May 22, 2013
Associated PressThe 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.
MoreESPN counting on story lines to sell Indy 500
May 21, 2013
Associated PressThere is no shortage of compelling story lines accompanying Sunday's race, leaving television executives feeling confident
about another bump in viewership this year.
MoreIndiana BMV says it may have overcharged for licenses
May 21, 2013
Associated PressThe 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.
MoreFeds used wire tap, undercover agent in Land Bank probe
May 21, 2013
Cory SchoutenA 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.
MoreFox59 lands news director from Grand Rapids
May 21, 2013
IBJ StaffKerri Cavanaugh will replace Lee Rosenthal, who oversaw a major expansion of Fox59's news programming.
MoreFeds charge 5 in Indy Land Bank kickback scheme
May 21, 2013
Cory SchoutenFederal 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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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.