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News & Analysis
Arts leaders brainstorm for new funding streams
February 9, 2009
Kathleen McLaughlinA panel convened by IBJ discusses the lack of funding dilemma and need for broad-based support in the Indianapolis arts community.
Cash-strapped gambling firm pushing bill in Legislature; Centaur trying to recover from Pennsylvania setback
February 2, 2009
Peter SchnitzlerCentaur is lobbying the Indiana General Assembly to let it transfer 500 slots from its Hoosier Park horse track in Anderson
to the Fort Wayne area.
MoreEntrepreneurs pursuing patient advocacy trend
February 2, 2009
Christopher LloydPatients are seeking help with their doctors, records and referrals as the health care system grows increasingly complex.
MoreRedevelopment plans threaten Gasoline Alley
February 2, 2009
Anthony SchoettleBusiness owners along the fabled Gasoline Alley north of Rockville Road think a proposal to close a north-south road linking
them to the front door of the Indianapolis Motor Speedway will have devastating effects.
MorePitching manufacturing careers a challenge amid slump
February 2, 2009
Kathleen McLaughlinThe message that Steve Dwyer, recently retired chief operating officer of Rolls-Royce North America, is taking to central
Indiana educators is that they still need to train students for careers in manufacturing.
MoreAirport hotel in limbo
February 2, 2009
Anthony SchoettleThe recession, coupled with personnel shifts, have grounded the more than $50-million hotel project adjacent to the new terminal.
MoreDocs, health insurers battle at Statehouse
February 2, 2009
Katie MaurerPhysicians and insurance companies have entered their fourth year of haggling over insurance payments, and each side is claiming
to best represent patients.
MoreGrant-makers, stung by market crash, favor safety-net causes, discourage new applicants
February 2, 2009
Kathleen McLaughlinSome major foundations in central Indiana are narrowing grantmaking criteria so they can funnel their reduced asset streams
toward pressing needs brought on by the recession.
MoreBiotech push may help offset generic competition; some analysts skeptical
February 2, 2009
J.K. WallLilly executives want to make biotech their top focus.
MoreIndiana continues to have high smoking, obesity rates, and is below average in public health funding
February 2, 2009
J.K. WallObesity and smoking rates are little changed since Indiana Gov. Mitch Daniels took office in January 2005.
MoreBattle plan for 11-year-old, veteran-owned company includes adding 100 workers, second Lawrence office
February 2, 2009
Chris O'MalleyA company founded by military veterans that performs database administration for clients ranging from Fortune 500 companies
to the U.S. Department of Defense is adding a second office in Lawrence and plans to hire about 100 more people over the next
two years, doubling its staff.
MoreForeclosed properties create quandary for financial institutions
February 2, 2009
Cory SchoutenReal estate holdings of the nonbank-branch variety are growing fast on bank balance sheets.
MoreCenter Township's Drummer stepping down
January 29, 2009
Center Township Trustee Carl Drummer intends to resign from his post to take a lobbying job with Ice Miller LLP, according
to a WISH-TV Channel 8 report.
MoreUnion says Navistar foundry closing a surprise
January 28, 2009
Kathleen McLaughlinUnited Auto Workers officials are hoping to find a way to keep open the foundry that has been associated with an east-side
engine plant for 70 years, despite Navistar International Corp.'s plans to close both facilities by July 31.
MoreHousing market may have hit bottom
January 26, 2009
Sam StallHere's something that passes as good news for central Indiana's moribund housing market: Prices might hold steady this year,
after falling nearly 7 percent from their 2006 peak.
MoreVolatile prices take a toll on gas station owners
January 26, 2009
Cory SchoutenLast year's record-high fuel prices played a big role in a rash of shuttered gas stations in Indianapolis. The number of gas
stations nationwide has slipped from about 200,000 in
the 1990s to fewer than 160,000 today. In Indiana, the count
has dropped from 3,500 to about 3,000.
MoreDevelopers to pitch projects near public housing towers
January 26, 2009
Cory SchoutenThe Indianapolis Housing Agency is asking developers to pitch plans to build new residential
or commercial space on land surrounding the 21-story John J. Barton Apartments at 555 Massachusetts Ave. and the 15-story
Lugar Tower at 901 Fort Wayne Ave.
MoreHilbert fears mother-in-law victim of foul play
January 26, 2009
Peter SchnitzlerIndianapolis businessman Steve Hilbert fears foul play in the recent
death of his mother-in-law—a suspicion fueled by a new federal
lawsuit alleging a woman by the same name was caught up in a
$15-million life insurance fraud scheme.
Though he
acknowledges having no hard evidence, Hilbert said he has asked law
enforcement authorities to reopen their investigation into the Sept. 28
death of Germaine "Suzy" Tomlinson, 69, mother of his wife, Tomisue.
MorePrivate-sector group forging transit plan
January 26, 2009
Chris O'MalleyWith commuter trains stuck at the proverbial station despite decades of studies, a new business-led coalition is barreling
forth
with its own plan to study multimodal transportation and related land use. The Central Indiana Transit Task Force also will
explore how to tie the nine-county central Indiana region to key cities such as Bloomington, Columbus, Lafayette and Muncie.
MoreRadio stations spurning local talent
January 26, 2009
Anthony SchoettleRadio stations are moving away from live, local talent to cut costs, a move critics say could be a fatal blow in an era when
traditional radio is fighting to hold onto an audience seduced by such things as the iPod, Internet and satellite radio.
MoreMore high schoolers enrolling in college
January 26, 2009
J.K. WallFall Creek Academy is among a growing number of high schools that enroll their students to take classes at colleges, earning
credit toward both a high school and a college degree.
MoreAuctioneers: Recession may be going, but not yet gone
January 26, 2009
Sam StallAuction prices are an economic bellwether, since selling items to the highest bidder an an effective way to determine what
pretty much anything—from a Fortune
500 company to a Hummel figurine—is really worth.
MoreStock declines could make public companies takeover targets
January 26, 2009
Peter SchnitzlerNot so long ago, most Indiana public
companies were firmly in control of their destinies. Now after seeing their stock prices plunge, many would , be little more
than sitting ducks were outsiders to launch
takeover bids. If anybody's still got the money and chutzpah to buy, that is.
MoreFinancial crisis, recession hammer deal flow
January 26, 2009
Scott OlsonCompanies searching for a merger or acquisition partner had one heck of a time finding a match last year. Place much of the
blame on the credit crunch that rattled the nation's economy and sent deal-making into a downward spiral.
MoreSmall firms get creative to avoid layoffs
January 26, 2009
Peter SchnitzlerAs the recession deepens, many small-business owners face a dilemma. When small businesses slow down, it doesn't make headlines
like a shuttered manufacturing plant would. But relatively speaking, their layoffs are just as meaningful. Losing even a handful
of key people can be crippling.
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First, the Athenaeum is going to have to get past the hurdle with the Lockerbie residents and the agreement that the parcel would be residential. Second, and in my opinion, this prime piece of property should include parking, PLUS, a black box theater(s), some market rate and affordable artist housing and a plan to renovate and reconfigure the second story theater. I would negotiate to add the DeHaan property surface parking lot into the development mix, place a one story surface parking garage on the DeHaan lot on the street level (for the Dehaan tenants use during the daytime) and add a second story to the garage that would become an addition to the current second story theater and then change the direction of the theater by moving the stage across the alley and on top of the DeHaan lot parking. You can add all the stage elements that are currently missing from the Athenaeum stage to make it more attractive for use by Ballet, Opera and traveling productions. Plus, the theater changes would probably help solve some of the soundproofing issues. Alas,it does not seem to be a part of the strategic plan to conduct a study to determine best use of the property. Seems like the current plan is a quick and easy move that ignores the property best use/potential and any strategic property planning for the effect on future generations.
I recall that MSA's pilings are still in the ground and hard to remove. It’s not likely any proposal will include significant underground construction/parking because of this. Start adding 2 floors of retail, 8 floors of parking and 5-10 floors of possible hotel, and/or 10-20 floors of residential, and you are at 30 floors already with possible expansion of all the uses. But then again I could be wrong.
Accoriding to their website there is no deadline to the Do Not Call list. What is this article referring to??
On what planet are they entitled to this largesse from the stockholders? These people make multi-million dollar salaries: Pay for your own personal travel.
It matters because they're already paid enormously fat salaries: Pay for your own personal travel. Being "taxed on it" isn't a valid excuse--so what? They're still being gifted a raft of luxury perks from somebody else's money on top of an enormous, lavish salary.