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News & Analysis
DeVoe gift helps Indiana Wesleyan create business school
April 8, 2013
The $5 million donation from the family of late Indianapolis businessman James F. DeVoe will help found a new school of business
on the university’s Marion campus.
MoreSteak n Shake pays settlement to former ad agency
April 8, 2013
Jeff NewmanSteak n Shake, which last year lost a breach-of-contract lawsuit brought by its former advertising agency, has settled the
case rather than let the court decide damages.
MoreSimon taps Pace bonds to fund energy projects
April 8, 2013
Bloomberg NewsIndianapolis-based Simon Property Group Inc. is among borrowers funding projects from rooftop solar panels to energy-savings
systems using so-called Pace financing.
MoreDeveloper to move HQ to Carmel, create 25 jobs
April 8, 2013
Mason KingFast-growing Mainstreet Property Group will invest $800,000 to lease and equip offices at 14390 Clay Terrace Blvd.
MoreCity struggles to close gap on $30M in budget cuts
April 8, 2013
Kathleen McLaughlinIndianapolis leaders made a pact to cut 5 percent from the already-adopted 2013 budget, but the reality might prove too difficult
to stomach.
MoreAs city budget tightens, Center Township trustee has money to burn
April 6, 2013
Kathleen McLaughlinIBJ SPECIAL REPORT: Center Township lowered its bank balance in 2012, to $6.7 million, but the biggest checks Trustee Eugene
Akers wrote weren't for emergency needs like food or shelter, the township’s main mission.
MoreMedical finance driving major changes in health care marketplace
April 6, 2013
J.K. WallBrian and Emily Kahn had virtually identical physical therapy. He paid much more than she did. Why? Because of where the therapy
took place.
MoreCity to buy key parcel for 16th Street tech corridor
April 6, 2013
Scott OlsonThe city of Indianapolis is poised to pay Citizens Energy Group $6.5 million to buy a key parcel of real estate it’s
targeting as the centerpiece of its ambitious 16 Tech project.
MoreIU Health to chop $1 billion off costs
April 6, 2013
J.K. WallEven though Obamacare likely will expand health insurance coverage to an extra 500,000 Hoosiers over the next few years, IU
Health expects per-patient reimbursements to fall as the federal government, employers and patients all push back on sky-high
health care costs.
MoreFirst Internet Bancorp jumps into dividend game
April 6, 2013
The parent of First Internet Bank late last month declared a dividend of 6 cents per common share payable April 15 to shareholders
of record April 1.
MoreBoone County development group names new leader
April 6, 2013
Bryan Brackemyre, who has been interim executive director of the Boone County Economic Development Corp. since his predecessor
left for a position in state government early this year, got the full-time job effective April 1.
MoreMayor Ballard accepts fate of mass-transit bill
April 6, 2013
Indianapolis Mayor Greg Ballard sat out an April 2 hearing on mass transit because he knew the issue would be shifted to the
Legislature’s back burner.
MoreWTHR's IRS investigation receives national honor
April 6, 2013
The station was honored for a six-month investigation into Internal Revenue Service mismanagement that resulted in fraudulent
tax refunds for undocumented workers.
MoreTough times didn't spur spike in poor relief
April 6, 2013
Kathleen McLaughlinHeading into the 2008 recession, Center Township sat on $10.5 million in cash, but sky-high unemployment and rising poverty
over the next four years failed to drain those funds, and the disconnect persists in several area townships.
MoreLilly pulls back from proposals lowering takeover barriers
April 6, 2013
Greg AndrewsFortunately, a Lilly takeover looks less likely today than it has in a long time—for both obvious and more subtle reasons.
MoreMobile boutique takes pop-up retail on the road
April 6, 2013
Jill McCarterHeather Hogan Pirowski, owner of Retro 101, is among a growing number of retailers who have chosen the nomadic lifestyle .
Looking for an alternative to the fixed overhead of a permanent location, they set up shop at a site for a few days or weeks,
then pack up and move on.
MoreSmartphone videos rewrite rules of customer research
April 6, 2013
Chris O'MalleyCarmel-based Strategic Marketing & Research Inc. is among firms tapping the capabilities of video-enabled smartphones
to gain insights into consumers’ thoughts and emotions. They’re doing this by having consumers use their phones
to shoot a video diary of their product experiences.
MoreIce to take over operations at Pan Am skating facility
April 5, 2013
Mason KingThe Indiana Ice have come to an agreement with owner Kite Realty Group to use the Pan Am Plaza skating facility as a training
center and venue for games after renovations this summer. It also will be open to the public for other ice-related activities.
MoreNoblesville OKs $40 million upscale apartment project
April 5, 2013
Andrea Muirragui DavisThe vast multifamily project in the city’s massive Corporate Campus would effectively close out such development there.
City officials hope it will attract more businesses.
MoreIce likely to play more games at revamped Pan Am facilities
April 5, 2013
Scott OlsonBuilding owner Kite Realty Group Trust has agreed to renovate the aging facility's ice rinks to enable the hockey team to
play more games there next season.
MoreGreenwood pet store stocked with exotic critters
April 5, 2013
Associated PressFrom tarantulas to emperor scorpions and monitor lizards, Pandemonium Exotics caters to enthusiasts looking for pets beyond
a dog or cat.
MoreIndiana Senate leader opposes fenced deer hunting
April 5, 2013
Associated PressThe leader of the Indiana Senate says he'll kill an amendment that would allow five fenced deer-hunting preserves around
the state to remain open.
MoreU.S. unemployment rate dips despite tepid job growth
April 5, 2013
Associated PressEmployers added just 88,000 jobs in March, the fewest in nine months. The jobless rate slipped to its lowest percentage in
four years, but only because more people stopped looking for work.
MoreIndy publishing legend exits after 32 years
April 5, 2013
Chris O'MalleyDeborah Paul blazed a trail as editor in chief of Indianapolis Monthly, and later headed similar magazines across the country. She cleaned out her desk at Emmis Publishing this week. "It's a mistake to get off the stage too late," she said.
Simon sticks with key terms of CEO's pay despite shareholder ire
April 5, 2013
Greg AndrewsThe company made small adjustments to David Simon's package but left in place the element that created the largest controversy—a
stock retention bonus valued at $120 million he'll receive if he stays through July 2019.
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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.