News & Analysis

Hamilton County communities battle tax appeals

September 13, 2014
Andrea Muirragui Davis
Carmel, Fishers and Noblesville are trying to head off appeals that cause tax revenue to come in lower than expected, especially for projects within tax-increment-financing districts.
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Indy Star loses bevy of sports veterans

September 13, 2014
Anthony Schoettle
The Indianapolis Star sports department in one month has lost four reporters and a columnist with a combined 123 years of experience at the paper.
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Pete the Planner uses humor, straight talk to become media sensation

September 13, 2014
Sam Stall
Peter Dunn, a prolific tweeter who appears on broadcast outlets as well as in The Indianapolis Star, hopes the release of six books in January further builds his profile.
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State expands program excusing some workplaces from surprise inspections

September 13, 2014
Kathleen McLaughlin
Cited for lax enforcement in the past, Indiana’s workplace safety agency wants to recruit more companies into an honor-system program that takes them off the list for surprise inspections.
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Entrepreneur to offer home brewing minus the hassle

September 13, 2014
Scott Olson
The cost, time and mess that come with brewing beer at home scares a lot of beer connoisseurs, but a Greenwood health care executive thinks he has the answer.
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Crowdfunding site Localstake sees surge in deals

September 13, 2014
Jared Council
The seven-employee Indianapolis firm launched in June 2013, raising funds for two companies in its first six months. Over the following eight months, it brokered funding for eight companies and has eight in queue.
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Sports Corp., Speedway make way for new leadership

September 12, 2014
Kathleen McLaughlin, Anthony Schoetle
The change of guard at Indiana Sports Corp. will take place in late October, giving Ryan Vaughn time to finish out negotiations for the city’s 2015 budget, currently under review by the City-County Council.
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Remy to spend $32M to settle patent lawsuit

September 12, 2014
Jeff Newman
Pendleton-based Remy International Inc. has agreed to pay $32 million to settle a patent lawsuit with an Italian manufacturer that was filed in 2008, the company announced late Thursday.
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Melangton leaving Sports Corp. for IMS

September 12, 2014
Greg Andrews, Jeff Newman, Anthony Schoettle
Allison Melangton plans to step down as Indiana Sports Corp. president and will become senior vice president of events with Hulman & Co., parent of the Indianapolis Motor Speedway. Ryan Vaughn, chief of staff to Indianapolis Mayor Greg Ballard, will succeed Melangton.
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IU to provide business classes tailored to NFL players

September 12, 2014
Anthony Schoettle
The National Football League Players Association this month launched a first-of-its-kind partnership with the Indiana University Kelley School of Business.
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Lilly execs make pitch for local preschool education

September 12, 2014
Jared Council
Eli Lilly and Co. executives on Friday repeated their plea to local businesses to support early childhood education, highlighting the work force development and crime-reduction benefits associated with the effort.
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Downtown office vacancies force landlords to get creative

September 12, 2014
Scott Olson
CRE Forslund watch
                           videoA downtown office broker who participated in IBJ's annual Commercial Real Estate & Construction Power Breakfast said office tenants are seeking building amenities that jibe with their companies' culture.
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Auto supplier plans $73.5M plant in Boone County

September 12, 2014
 IBJ Staff
A Japanese auto-parts supplier plans to invest $73.5 million to build and equip a 151,000-square-foot manufacturing facility in the community of Jamestown, adding up to 195 jobs by 2017.
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Lilly cancer drug fares well in late-stage study

September 12, 2014
Associated Press
Eli Lilly and Co. said Friday its potential colorectal cancer drug Cyramza helped patients on chemotherapy with advanced cases of the disease survive longer than patients on chemotherapy alone.
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Bayh says no to 2016 run for Indiana governor

September 12, 2014
Associated Press
Former Gov. Evan Bayh said Friday in a written statement that he has decided not to run for governor in 2016, after seriously considering it.
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Plaza being built near state fairgrounds coliseum

September 12, 2014
Associated Press
Crews have started building a $2 million pedestrian plaza next to the newly renovated Indiana State Fairgrounds Coliseum.
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Bub's Burgers planning $1.3M outpost in Fishers

September 11, 2014
Andrea Muirragui Davis
Central Indiana favorite Bub’s Burgers and Ice Cream has chosen downtown Fishers to build its fourth restaurant, town officials announced Thursday evening.
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Former Indy Chamber exec joins Old National

September 11, 2014
Jeff Newman
Former Indy Chamber President John Myrland has been hired by Old National Bank in the new position of community engagement executive for its Indianapolis region, the bank announced Thursday.
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HHGregg hires former Marsh exec as CFO

September 11, 2014
Jeff Newman
Indianapolis-based HHGregg Inc. has hired former Marsh Supermarkets executive Robert J. Riesbeck as its new chief financial officer, the appliances and electronics retailer announced Thursday.
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Community Health buys Hilton North for redevelopment

September 11, 2014
Scott Olson
The hospital network will close the 221-room hotel along the Interstate 69 corridor by the end of the year and will begin exploring redevelopment opportunities to meet the growth of the network.
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Kroger quarterly results beat market expectations

September 11, 2014
Associated Press
Kroger Co., the leading grocer in Indianapolis in terms of market share, on Thursday reported earnings of $347 million in its fiscal second quarter, exceeding analyst expectations.
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Former WIBC news anchor Simpson lands new gig

September 11, 2014
Anthony Schoettle
Canned by WIBC in June, Steve Simpson will leave the Indianapolis market to anchor the morning news for Minneapolis' top news-talk station.
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Democrats raise doubts about Ballard’s preschool plan

September 11, 2014
Hayleigh Colombo, Chalkbeat indiana
Funding concerns involving the homestead credit have prompted work on an alternative plan that Democrats expect to unveil soon.
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Paper companies sue over Indianapolis recycling deal

September 11, 2014
Kathleen McLaughlin
A lawsuit filed by two paper companies and an Indianapolis resident seeks to invalidate a city agreement with Covanta to build a $45 million recycling center.
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Indiana State Police turn to online recruiting

September 11, 2014
Associated Press
The agency has posted a one-minute video outlining the minimum requirements necessary to apply to be a state police officer.
More
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  4. The question is, where could they build a new stadium? It seems in the past year, all the prime spots have been spoken for with potential projects. Maybe in the industrial wasteland area a block past Lucas Oil? I think it needs to be close to the core, if a new stadium is built.

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