News & Analysis

DBSI, an Idaho company with Indiana properties, faces class-action suitRestricted Content

November 10, 2008
Cory Schouten

DBSI, an Idaho real estate firm with 250 properties worth $2 billion faces a class-action suit. Some of its properties and investors are in Indianapolis.

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Indianapolis Airport opening good news for local PR, hospitality firmsRestricted Content

November 10, 2008
Chris O'Malley
In the last two months, the Indianapolis Airport Authority board has approved spending at least $850,000 toward grand-opening parties for the new airport terminal and events in the form of contracts with caterers, event planners and public relations firms.
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Indianapolis eye surgeon popularizes new transplant techniqueRestricted Content

November 10, 2008
J.K. Wall
Dr. Francis Price Jr. has brought hundreds of eye surgeons to Indianapolis to train them in how to use a new cornea transplant technique that has swept the ophthalmology field—DSEK, which stands for Descemet's stripping endothelial keratoplasty.
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Indiana CEOs are cautious during financial mayhemRestricted Content

November 10, 2008
Greg Andrews

CEOs with Simon Property, Duke Realty Corp. and Interactive Intelligence Inc. report that their companies are taking an uncharacteristically cautious approach to acquisitions and investments, given the faltering economy.

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Cultural Development Commission may lose millions used to promote Indianapolis artRestricted Content

November 10, 2008
Kathleen McLaughlin
A commission that has drawn $12.5 million in grants and public money to promote Indianapolis' artistic side is awaiting word on its future.
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Airport terminal to rent out space, keep many employees in old facilityRestricted Content

November 10, 2008
Chris O'Malley
The new, $1.1 billion terminal at Indianapolis International Airport likely won't house as many airport employees as the existing facility. Instead, portions of the terminal are being set aside for their revenue-generating potential.
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IndyFringe leads effort to build artists' apartmentsRestricted Content

November 10, 2008
Kathleen McLaughlin
Indy Fringe executive director Pauline Moffat and Gary Reiter, a board member of the Indianapolis Theatre Fringe Festival Inc., want to build an affordable live-work complex near Massachusetts Avenue.
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Old St. Francis Hospital may become mix of retail, senior apartments, officesRestricted Content

November 10, 2008
The city of Beech Grove is working on a redevelopment proposal for its St. Francis Hospital campus. Tentative plans call for a mix of office space, apartments for seniors, and retail space.
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Schott design firm builds office clients through real estate connectionsRestricted Content

November 10, 2008
Scott Olson
Jenny Schott Androne, the president and founder of Schott Design Inc., one of the city's largest interior design firms, has amassed a diverse array of clients largely by marketing to building managers and landlords, as well as leasing agents and tenants.
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Purdue University launches Center for Energy Systems and Policy to meld research, business, public policyRestricted Content

November 10, 2008
Chris O'Malley
Last month, Purdue University launched the Center for Energy Systems and Policy to make sure its researchers are working early in the process with business and public-policy experts at the university.
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DePauw, Ball State, Purdue buildings among top AIA design winnersRestricted Content

November 10, 2008
Scott Olson
Three university projects, two of which contain green-building elements, dominated the most recent design awards presented by the American Institute of Architects Indiana chapter. Of the four award winners, three involved college buildings: the Janet Prindle Institute for Ethics at DePauw University, the Neil Armstrong Hall of Engineering at Purdue University, and the Straw Bale Eco Center at Ball State University.
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Ingersoll-Rand donates time, money to IPS 94Restricted Content

November 10, 2008
Kathleen McLaughlin

Ingersoll-Rand donated $35,000 worth of materials, $15,000 for engineering and labor, and future support  to IPS 94.

 

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MZD Advertising signs deal with National Guard to publicize child care benefitsRestricted Content

November 10, 2008
Indianapolis-based MZD Advertising topped a field of 14 agencies competing to become agency of record for Gap Solutions Inc., which provides contracted services that support the National Guard Child Care Program.
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OneAmerica well positioned to acquire other insurance companiesRestricted Content

November 3, 2008
J.K. Wall
OneAmerica Financial Partners Inc. has made no secret of its desire to acquire other companies. Well, if it wants to buy, it could hardly find a better time.
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Could Lugar be tapped for Obama's cabinet?Restricted Content

November 3, 2008
Peter Schnitzler
Democratic Sen. Barack Obama has repeatedly described Republican Sen. Richard Lugar of Indiana as a mentor on foreign policy issues and may offer him a place in his administration.
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After record election revenues, TV ad income may hit 10-year lowRestricted Content

November 3, 2008
Anthony Schoettle
With the economic swoon and no political ad campaigns in 2009, TV ad revenue could hit a 10-year low next year.
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Bailout helping PNC take over NatCityRestricted Content

November 3, 2008
Cory Schouten
After a 17-year run in Indianapolis, National City's trademark green signs are set to be replaced with the blue of Pittsburgh-based PNC Financial. The $5.6 billion deal raises questions about the government's growing involvement in banking.
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Residents to decide fate of township assessorsRestricted Content

November 3, 2008
Peter Schnitzler
In this election, citizens must decide whether the assessing duties of the elected township assessor in the township should be transferred to the county assessor.
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Leaders analyze Denver's commuter transitRestricted Content

November 3, 2008
Chris O'Malley
 Sixty Indianapolis-area business and civic leaders visited Denver Oct. 19-21 as part of the Greater Indianapolis Chamber of Commerce 2008 Leadership Exchange and paid close attention to public transportation, especially commuter trains.
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Almost half of Martin U.'s trustees resign

November 3, 2008
Kathleen McLaughlin
Seven Martin University trustees have resigned this year, and at least two say President Algeania Freeman's methods were a factor.
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Accounting firms preparing for new international standardsRestricted Content

November 3, 2008
Scott Olson
 For corporations with a global presence, the transition to International Financial Reporting Standards should streamline the world's financial reporting system.
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Lending, deposits increase at credit unions despite subpar economyRestricted Content

November 3, 2008
Cory Schouten
While many banks were getting drunk on loose lending in the last few years, most credit unions stuck to conservative lending and other plain-vanilla banking practices.
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Plan trustees under increasing scrutinyRestricted Content

November 3, 2008
Steve Wylam
Times have changed and now plan trustees must ask themselves, "Am I wiling to take the chair" and defend my actions, or lack thereof, in a court of law?
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Vista Graphic buys Centennial Press for its direct-mail servicesRestricted Content

November 3, 2008
An Indianapolis company that specializes in printing, packaging and dimensional mail has bought a cross-town direct-mail firm to broaden its services.
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Indiana Economic Development Corporation offers new Web toolsRestricted Content

November 3, 2008
The Indiana Economic Development Corp. has launched two free Web tools to assist Hoosier businesses.
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