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News brief
Indiana adopts right to work
December 28, 2012
IBJ StaffIndiana in February became the first state in a decade to pass such a law, and it was all the more significant because of
the state’s heavy concentration of manufacturing jobs and sizable union presence.
MoreWellPoint investors force Braly ouster
December 28, 2012
IBJ StaffBraly’s five-year tenure leading the Indianapolis-based health insurer was hurt by the recession but also by repeated
missteps.
MoreIn election shocker, voters bounce schools chief Bennett
December 28, 2012
IBJ StaffAfter becoming a celebrity in national education reform for spearheading sweeping changes in Indiana’s schools, Tony
Bennett was bounced out of office by strong opposition from teachers, parents and their friends.
MoreCity projects move ahead, following clash over TIF
December 28, 2012
IBJ StaffMayor Greg Ballard charged forward on government-supported downtown development efforts after successfully shepherding an
expansion of a TIF district over Democratic opposition.
MoreDigital marketer ExactTarget splashed onto NYSE
December 28, 2012
After an aborted attempt to go public in 2007, marketing software giant ExactTarget rang the bell on the New York Stock Exchange
last March in an IPO that raised $162 million.
MoreDaniels wins presidency ... at Purdue
December 28, 2012
IBJ StaffAbout a year after deciding not to campaign for president of the United States, Gov. Mitch Daniels agreed to become the next
president of Purdue University.
MoreIndy airport sends CEO Clark packing
December 28, 2012
IBJ StaffMayor Greg Ballard apparently was unhappy with the pace of economic development at the airport under Clark. The CEO's extensive
overseas travels also generated controversy.
MoreBernard bounced as IndyCar Series CEO
December 28, 2012
IBJ StaffThe ouster of Randy Bernard as IndyCar CEO led to new leadership for Hulman & Co., parent of the series and the Indianapolis
Motor Speedway.
MoreISO reaches new contract, launches fundraising spree
December 28, 2012
IBJ StaffNegotiations over musicians’ contracts hit a crescendo in September with a month-long lockout that ended when performers
agreed to a shorter schedule to save money at the cash-strapped Indianapolis Symphony Orchestra.
MoreDevelopers unleash blitz of apartment projects
December 28, 2012
IBJ StaffConstruction began or was to begin soon on dozens of projects with thousands of units, most quite upscale and aimed at one
of two growing segments of the population who increasingly see no stigma in renting: aging boomers and young families.
MoreJudge lays into Durham, sentences him to 50 years
December 28, 2012
IBJ StaffTim Durham, the Indianapolis businessman who used to dream of becoming the world’s richest man, ended 2012 broke and
facing a 50-year prison sentence for orchestrating a $250 million Ponzi scheme.
MoreCity successfully stages Super Bowl, shoots for another
December 28, 2012
IBJ StaffMore than 1.1 million people poured into downtown Indianapolis for Super Bowl festivities in the 10 days leading up to the
big game, held Feb. 5 at Lucas Oil Stadium.
MoreHoosier voters tap Pence to continue Daniels' legacy
December 28, 2012
IBJ StaffPence, who served in the U.S. House of Representatives since 2001, left his strident rhetoric on abortion and other social
causes in Washington, D.C., as he toured Indiana in a red pickup truck and talked about his policy “Roadmap.”
MoreOther news: From Allison's IPO to Lugar's defeat
December 28, 2012
IBJ StaffPolitics and real estate helped round out 2012's news of note.
More2012 NEWSMAKER: School librarian Ritz won with grass-roots campaign
December 28, 2012
IBJ StaffDemocrat Glenda Ritz pulled off a David-versus-Goliath victory to unseat Republican Tony Bennett as Indiana’s superintendent
of public instruction.
More2012 NEWSMAKER: Crime stance returns Hogsett to political spotlight
December 28, 2012
IBJ StaffU.S. Attorney Joseph Hogsett’s openly tough-on-crime approach has some political insiders speculating whether he’s
seeking a higher office.
More2012 NEWSMAKER: Council Dem Mahern plays role of antagonist
December 28, 2012
IBJ StaffCity-County Council Vice President Brian Mahern emerged as the chief foe of Indianapolis Mayor Greg Ballard’s redevelopment
agenda.
More2012 NEWSMAKER: CEO keeps Simon stock surging
December 28, 2012
IBJ StaffIf there were an MVP for local CEOs, David Simon would again find himself at or near the top of the list in 2012.
More2012 NEWSMAKER: Miles adds to diverse business, sports career
December 28, 2012
IBJ StaffVeteran executive Mark Miles now has one of the most difficult jobs in sports—putting open-wheel racing on sound financial
footing.
MoreHoliday Wish List
December 22, 2012
The following is a list of Indianapolis-area not-for-profit organizations and the things each needs most.
MoreHoliday Wish List
December 15, 2012
The following is a list of Indianapolis-area not-for-profit organizations and the things each needs most.
MoreIBJ Holiday Wish List returns
November 10, 2012
Indianapolis Business Journal’s annual Holiday Wish List will debut in the Nov. 26 issue and will appear weekly
though Dec. 24.
MoreState's economy still stuck in neutral
December 24, 2011
The year started with a sense that slowly—not fast enough for anyone’s liking—but steadily, Indiana’s
economy was coming back. But then a spike in gas prices and the never-ending sovereign debt crisis in Europe created a summer
of setbacks.
MoreIndictment: Durham looted Fair Finance
December 24, 2011
Indianapolis financier Tim Durham was indicted on wire and securities fraud charges in March—the culmination of a federal
probe that began in 2009.
MorePolitical neophyte Ballard cruises to second term
December 24, 2011
A contentious battle for Indianapolis mayor culminated in a second term for Republican Mayor Greg Ballard, who won the race
with 51 percent of the vote. His Democratic challenger, Melina Kennedy, garnered 47 percent.
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First, let me say that I love the idea of communities being self-sufficient and people in the community not needing cars, living, working and shopping all in their neighborhood. To sum it up; I love good urban planning and hate urban sprawl. However, there are two reasons that I am against this development. First, this building doesn't fit. Density can occur in Ripple by building up top the street and better use of land. The scale of this project should be downtown. Secondly, I would be willing to bet that if a whole foods in Ripple is built, the Nora store would be closed. Here's my reasoning. The Nora Whole Foods expansion plans have been put on hold. I'm guessing they are waiting to see what happens with the Ripple proposal. Communities next to each other should work together to end sprawl and not work against each other and take other neighbors assets. Develop something both communities can be proud of and will attract more development and density. There's my soap box for the day.
My apologies, Lou - it was the Indy Star that printed cost for entertaining "celebrities" during Indy 500. Sorry for confusing the always timely IBJ with Indy's Gannett reprint news source.
That's fine if you want a grocery store that has festivals and live music. I guess with the prices they charge, they can afford to host such activities. As for me, I choose to spend my money more wisely and if I want to go to a festival or a concert, I will pay for that separately - not through my grocery bill.
TIF is not just to attract development but to attract a higher use for that development. Carmel wisely is using TIF for numerous public parking garages. Asphalt seas of parking pay little taxes and bring even less value to a commercial area. Also density is what is going to save Indy and Broad Ripple. The days of trying to compete with burbs are long gone.
The Prestige was an awesome movie.