News & Analysis

Browning acquires 43 homes for $100 million mixed-used development in CarmelRestricted Content

June 15, 2009
Cory Schouten
Developer Brown Investments has reached terms with the owners of 43 of 49 homes in the North Meridian Heights neighborhood in Carmel. Browning plans to demolish the homes to make way for a $100 million commercial development over 17 acres.
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Pacers coach takes to streets to combat homelessnessRestricted Content

June 15, 2009
Anthony Schoettle
Even with the NBA draft approaching, Pacers coach Jim O'Brien makes time for his duties as a board member and on-the-ground volunteer for the Coalition for Homelessness Intervention and Prevention. A strong commitment to community service runs in the coach's family.
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Some laid-off workers qualify for lucrative benefitsRestricted Content

June 15, 2009
Kathleen McLaughlin
A little-known federal program provides support for retraining to workers whose employers were hurt by foreign trade. The Trade Adjustment Assistance Act also offers income replacement and health insurance benefits.
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Grads, career-changers surge into teachingRestricted Content

June 8, 2009
J.K. Wall
Folks from all sorts of professions are trying on teaching, to survive the recession or to give back to the community. Or both.
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Cultural Trail spurs development plan along Virginia AvenueRestricted Content

June 8, 2009
Cory Schouten
A local architecture firm hopes to challenge hip Mass Ave with an arts-themed development in Fletcher Place. The $9 million project would include apartments, retail and office space.
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Not-for-profits use electronic technology to raise fundsRestricted Content

June 8, 2009
Kathleen McLaughlin
Fund raising via video e-mailing gets attention, but the jury is still out on its return on cost.
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Newcomer Franklin University could create marketing mix-up for Franklin CollegeRestricted Content

June 8, 2009
J.K. Wall
Ohio-based Franklin University's move into the Indianapolis market sets up the potential for significant name confusion with Franklin College, the liberal arts school 30 minutes south of Indianapolis.
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Spanish-language news program finds home after cancellationRestricted Content

June 8, 2009
Scott Olson
The familiar face of a local Hispanic television newscast is back on the air, less than six months after the parent of WISH-TV Channel 8 pulled the plug on him.
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State audit findings sting WestfieldRestricted Content

June 8, 2009
Cory Schouten
Westfield's mayor says the city's rapid growth and small staff are to blame for accounting problems raised in a State Board of Accounts audit.
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Vacant dealerships join already rocky real estate marketRestricted Content

June 8, 2009
Tom Harton
The owners of car dealerships slated for closure by Chrysler and General Motors face a tough environment for unloading their real estate, but an expected onslaught of such properties has at least one company preparing to grab a slice of the business.
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Marketing employees open own computer-generated motion graphics businessRestricted Content

June 8, 2009
Chris O\'malley
The three principals of The Basement Design and Motion left another firm to set their own course in the world of Web convergence marketing.
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Retirement plans changing as employers cut costs, workers crave stabilityRestricted Content

June 8, 2009
J.K. Wall
Last fall's Wall Street meltdown, which erased half the value of some 401(k) retirement plans, has both employers and employees re-examining what to expect long term.
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Unprecedented economic forecast revision will frame special sessionRestricted Content

June 1, 2009
Peter Schnitzler
With the help of outside economists, Indiana government undergoes an economic forecast every other yearâ??a process that's taken on increased importance this spring, as Gov. Mitch Daniels and the Legislature attempt to craft a two-year budget amid the deepest recession since the early 1980s.
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Experts doubt Indianapolis can lure huge conventionsRestricted Content

June 1, 2009
Scott Olson
Indianapolis already hosts three of the top 200 conventions in the country. But additional meeting space coming online late next year could help the city double the number.
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Outlying counties, tired of waiting for Indianapolis convention spillover, set own strategiesRestricted Content

June 1, 2009
Anthony Schoettle
Some industry insiders worry that, while Indianapolis is busy chasing bigger conventions, adjoining counties may raid the cupboard made plentiful by investments within Marion County, particularly downtown.
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Carmel Community Players retools after lost grant; group facing $75,000 debt, loss of longtime venueRestricted Content

June 1, 2009
Kim Puckett
Cash-strapped theater group Carmel Community Players has nixed its summer musical, canceled its Summer Camp for Kids, and pulled out of Carmelfest 2009 after being denied the public funding it has received for years.
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Irvington rolls out $1.2 million promotional campaignRestricted Content

June 1, 2009
Anthony Schoettle
In the midst of a $1.2 million campaign to upgrade streets, sidewalks and other neighborhood infrastructure, a coalition of Irvington businesses and residents is launching a unique marketing campaign to tout the neighborhood's recent enhancements and position it as an alternative to places such as Carmel, Zionsville, Geist and Noblesville.
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Indiana logs more complaints against collectors as pressure mounts to make debtors pay upRestricted Content

June 1, 2009
Sam Stall
A lot of people owe money these days, and some of the agencies hired to pursue them are resorting to old- school tactics to collect. Things like calling at all hours, threatening to have debtors jailed or fired, or employing abusive language.
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Gregg landing in prime spots abandoned by failed retailers Circuit City, Linens & ThingsRestricted Content

June 1, 2009
Cory Schouten
Electronics retailer HHGregg Inc. has snapped up at least a dozen former Circuit City and Linens & Things locations in six states and is eyeing more of the empty big boxes in an opportunistic move toward expansion.
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Transit, sustainable development likely to be themes in rescue of near-north neighborhoodRestricted Content

June 1, 2009
Chris O'Malley
Local leaders and, soon, a national team of experts, are quietly developing a strategy to revitalize Marion County's biggest concentration of brownfield sites and impoverished urban neighborhoods, centered at East 22nd Street and the Monon Trail.
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Indianapolis outpaces Cincinnati in many convention measuresRestricted Content

June 1, 2009

In this Quick Hits look at a competing convention city, Cincinnati boasts more convention space, but Indianapolis draws more guests.

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Arts Council faces grants-divvying dilemmaRestricted Content

June 1, 2009
Kathleen McLaughlin
The Arts Council of Indianapolis faces the unenviable task of divvying up less than $1 million in city grants for the arts, compared with $2.15 million that was awarded last year.
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Heartland Distillers joins mini-boom in artisan spirit-makingRestricted Content

June 1, 2009
Kim Puckett
Since January, Heartland Distillers has turned out several small batches of its first signature spirit—Indiana Vodka—available at about 300 area retailers.
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Express Scripts closer to $4.7B WellPoint deal

May 28, 2009
 IBJ Staff and Associated Press
Express Scripts Inc. has cleared an antitrust review for its planned purchase of Indianapolis-based WellPoint Inc.'s pharmacy benefits management business, bringing the $4.7 billion deal closer to completion.
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Churches look for ways to pay off construction projects planned before recession took toll on collection platesRestricted Content

May 25, 2009
Kathleen McLaughlin
In Indianapolis and around the country, congregations that expanded before the recession are now taking drastic measures, including budget cuts that have resulted in layoffs, salary reductions and giving less to charities.
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