News brief

Pacers, city negotiate $33M deal

December 24, 2010
Anthony Schoettle
The Indiana Pacers will stay put in Conseco Fieldhouse at least through 2012, thanks to a three-year deal approved July 16 by the city’s Capital Improvement Board.
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Ballard to raise millions through utility, meter deals

December 24, 2010
Francesca Jarosz
In the spring, Mayor Greg Ballard introduced a plan to sell the city’s water and sewer utilities to Citizens Energy Group, the public charitable trust that owns Citizens Gas. About six months later, he rolled out a deal to lease the city’s parking meters to a private operator.
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Bayh throws Democrats into a tizzy

December 24, 2010
Francesca Jarosz
The political world trembled on Feb. 15, when Indiana’s Democratic U.S. senator, Evan Bayh, announced he would not seek a third term.
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Eli Lilly puts faith in drug pipeline

December 24, 2010
J.K. Wall
Eli Lilly and Co. started to tip over its massive “patent cliff” this year, yet announced little publicly that will significantly soften its inevitable sales plunge.
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Scandal rocks IURC, Duke

December 24, 2010
Chris O'Malley
An ethics scandal at the Indiana Utility Regulatory Commission brought down its chairman along with two top Duke Energy executives and an IURC law judge-turned Duke employee who was at the center of the mess.
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Brizzi controversy colors prosecutor's race

December 24, 2010
Cory Schouten
Two-term Marion County Prosecutor Carl Brizzi drew attention for a series of questionable business deals with a local defense attorney and for his friendship and business ties to financier Tim Durham, who is under federal criminal investigation.
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Simon loses battle for General Growth

December 24, 2010
Cory Schouten
Just as shoppers began spending more cash at Simon Property Group Inc. malls, the Indianapolis real estate giant tried to open its own wallet for three huge deals—to mixed results.
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Smulyan fails to take Emmis private

December 24, 2010
Anthony Schoettle
Jeff Smulyan in 2010 tried for the second time in four years to take Emmis Communications Corp. private, only to see a group of dissident investors band together to block the deal at the 11th hour.
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Weak real estate market slams developers, banks

December 24, 2010
Anthony Schoettle
One local developer emerged from bankruptcy and another fought off growing financial woes as the commercial real estate market remained challenging.
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Arts groups prepare fundraising campaigns

December 24, 2010
Kathleen McLaughlin
This year, five organizations announced or began preparing for the launch of major campaigns. The targets ranged from $12.5 million for Heartland Truly Moving Pictures to $100 million for the Indianapolis Symphony Orchestra.
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Businesses saw shake-ups in 2010

December 24, 2010
Other news of note from the year.
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2010 NEWSMAKER: Daniels keeps fans in suspense

December 24, 2010
Francesca Jarosz
Political observers of Gov. Mitch Daniels see plenty of signs that the 61-year-old Republican is eyeing a presidential run in 2012.
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2010 NEWSMAKER: NCAA chief Emmert makes bold moves

December 24, 2010
Anthony Schoettle
Mark Emmert, who left his post in 2010 as University of Washington president to become president of the NCAA, didn’t waste any time making his first round of big decisions.
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2010 NEWSMAKER: Lucas lands Hilbert mansion

December 24, 2010
Scott Olson
Lucas Oil Products Inc. owners Forrest and Charlotte Lucas in October purchased the 25,000-square-foot Carmel mansion built by Conseco Inc. co-founder Stephen Hilbert.
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2010 NEWSMAKER: Lubbers changes higher-ed funding

December 24, 2010
J.K. Wall
Higher education Commissioner Teresa Lubbers ushered in a new era in higher education financing this year. But she’ll need to persuade the General Assembly to stick with it in 2011.
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2010 NEWSMAKER: Butler's Stevens scored along with team

December 24, 2010
Anthony Schoettle
In April, Butler University men's basketball coach Brad Stevens coached the Bulldogs to the NCAA Final Four, where Butler lost to heavy favorite Duke University by two points in the championship game at Lucas Oil Stadium.
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2010 Holiday Wish List

December 18, 2010
 IBJ Staff
The following is a list of Indianapolis-area not-for-profit organizations and the things each needs most.
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Penske signs Meijer to multiyear sponsorship dealRestricted Content

December 4, 2010
 IBJ Staff
The Meijer grocery store chain will join Penske as a sponsor of its three-car IndyCar Series program, beginning with the 2011 season.
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Indianapolis airport credit rating maintains altitudeRestricted Content

December 4, 2010
 IBJ Staff
Moody’s said the airport has a diversified mix of carriers and cargo operations, little competition from other airports, and a stable market area.
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Developer says Broad Ripple hotel will have 'green' elementsRestricted Content

December 4, 2010
 IBJ Staff
Developer Debra Stolen Hasbrook found the site at 6520 Westfield Boulevard while running on the Monon Trail.
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Think car sales benefit battery-maker EnerDelRestricted Content

December 4, 2010
 IBJ Staff
Indianapolis-based EnerDel is the main battery supplier for Think’s two-seat City.
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St. Francis Hospital project targets Greenwood's growth

December 4, 2010
 IBJ Staff
The $20 million facility would attempt to capture some of the 32-percent growth in population Greenwood experienced from 2000 to 2009.
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IU shrink explores mental health blood tests

October 13, 2010
J.K. Wall
Dr. Alexander B. Niculescu, a psychiatrist at the IU School of Medicine, has won a five-year, $1.5 million grant from the National Institutes of Health to hunt for the presence of certain proteins in the blood that would indicate that a patient suffers from a mood disorder, which afflicts one in five Americans.
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Funds available for legal research

October 9, 2010
The Indiana Humanities Council and the Indiana Supreme Court are collaborating on a new grant project to support research, documentation and educational projects related to Indiana’s legal history.
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Julian Center opens apartments for victims of domestic abuse

August 28, 2010
 IBJ Staff
34 North, an apartment complex for victims of domestic abuse, opened in August at 34th and Meridian streets.
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  1. Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.

  2. Yes. Blame those who were too lazy to go vote Obama out and those who voted him in again. That's my take on it. I know folks won't get it on the left. OK. Start berating me now!

  3. Serioulsy, people are AGINST this project? Most communities would be salivating over a project like this. You'd rather have an empty eye-sore gas station and shacks posing as apartments? This project is exactly what BR needs. BUILD IT MR MAYOR. And yes, I am a BR resident, and have been for 20 years.

  4. As a St. Vincent employee of over 20 years, I am saddened and disheartened by this announcement. Unfortunately, as the healthcare "industry" continues on this political and corporate path, all that St. Vincent Hospital has stood for spiritually for its employees and this community is being sucked dry. I know it truly has no choice. It is not just Obamacare or just competition or just any single thing. This trend started long before I was even born when the government became involved in healthcare and it became an "industry." I grieve for those who will lose their jobs, one of whom may be me, but I also grieve for this hospital which I have served for over 20 years. May God give us and it the grace to withstand the future of healthcare.

  5. Why do people constantly harp on this issue and act ignorant about what a city population measures? A city's population is the city's population. There is no argument or debate about it. If you want to measure the density of a city--measure it. If you want to measure the size of a metropolitan area, then measure the metropolitan population. City boundaries cover different sized areas--and they always have (though the disparity has probably increased since about 1900 or so when more cities began annexing their surrounding communities). For example, San Francisco only covers 49 square miles while Houston cover nearly 600 square miles. No one argues about the population rankings of either city even though they clearly cover extremely different sized areas. Indianapolis is the 13 largest city by population in the U.S. That is a fact. While the population of a metropolitan area may give you a better sense of how large a community is, as noted, even metro areas can vary widely in the size of geographic area they cover--so that is not a perfect comparison either.

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