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News & Analysis
Developer planning $60M project near Ball State
May 10, 2013
Associated PressInvestment Property Advisors of Valparaiso hopes to build a four-story building wrapping around a six-story parking garage
that will have 228 apartments and storefronts on the street level.
MoreDuke Realty puts 17 Midwest office buildings on block
May 10, 2013
Bloomberg NewsThe developer is selling the buildings in Cincinnati, Cleveland and St. Louis to increase its emphasis on industrial properties.
A research firm values them at $149 a square foot, or a total of about $350 million.
MoreIU's Kelley School of Business getting new dean
May 9, 2013
Bloomberg NewsIdalene Kesner will be the first woman to lead the school, and one of only a small handful of female business school deans
in the United States.
MorePence signs Indiana voucher expansion bill
May 9, 2013
Associated PressGov. Mike Pence visited Calvary Christian School on the south side of Indianapolis on Thursday to sign the plan that will
make more children eligible for vouchers.
MoreIUPUI to move men's hoops to fairgrounds Coliseum
May 9, 2013
IBJ StaffSchool and fairgrounds officials announced the five-year deal on Thursday. Playing in the 74-year-old landmark will more than
quintuple seating capacity for Jaguar games.
MoreMerchants, Citizens Bank to merge
May 9, 2013
Chris O'MalleyShareholders in Carmel-based Merchants will receive stock that was valued at $98.3 million before the announcement of the
deal caused a huge spike.
MoreArea homebuilding permit filings surge 41 percent
May 9, 2013
IBJ StaffSingle-family building permits filed in the nine-county Indianapolis area rose again in April, the 10th straight month of
year-over-year increases.
MoreCity code enforcement rethinks rental housing strategy
May 9, 2013
Kathleen McLaughlinIndianapolis is reconsidering plans for cracking down on negligent landlords through a rental-housing registry after the Legislature
enacted a one-year moratorium on new fees.
MoreGreenfield plant transforms waste into fertilizer
May 9, 2013
Associated PressSpring gardeners, lawn manicurists and nursery folk of all varieties on the hunt for cheap fertilizer this planting season
need look no farther than the Greenfield's wastewater treatment facility.
MoreUnemployment aid applications fall to five-year low
May 9, 2013
Associated PressMuch of the job growth has come from fewer layoffs. Overall hiring remains far below pre-recession levels.
MoreDemolition starts at old Indianapolis airport terminal
May 9, 2013
Associated PressThe terminal's four concourses and other structures built between 1954 and 1987 are all expected to be cleared by year's
end.
MoreEmmis earnings signal improving radio business
May 8, 2013
IBJ StaffEmmis Communications Corp. turned a profit in its latest fiscal quarter, rebounding from a big loss in the same period of
the previous year.
MoreIndiana governor signs $30B state budget into law
May 8, 2013
Associated PressGov. Mike Pence praised Indiana's new two-year, $30 billion budget for its tax-relief measures and other provisions as incentives
that would lure new investment and jobs to the state.
MorePacers vs. Knicks almost sold out as ticket demand soars
May 8, 2013
Anthony SchoettleThe team plans to provide gold t-shirts for all in attendance for Saturday's game, which tips off at 8 p.m. Ticket packages
for next season are selling as local enthusiasm builds.
MorePence vetoes license bills for dietitians, others
May 8, 2013
Associated PressIndiana Gov. Mike Pence has vetoed his first legislation since taking office in January, rejecting two bills with new licensing
requirements.
MoreWarner Transitional Services to close, lay off 112
May 8, 2013
IBJ StaffWarner relies on funds from the Indiana Family and Social Administration, but the FSSA recently decided to end that funding
after numerous complaints against the company went unresolved.
MoreCircle Centre hanging in despite anchor vacancy
May 8, 2013
Scott OlsonThe downtown mall last year saw its sales per square foot increase to $354, a 5.3-percent increase from 2011, according to
an annual operating report it provides to the city. But non-anchor occupancy slipped below 90 percent.
MoreWoof Boom to acquire 6 area radio stations
May 8, 2013
Mason KingAn Indianapolis investor group headed by longtime local radio broadcaster and executive Jerry Chapman will take over operations
at the stations, including three in Muncie, on June 1.
MoreIndiana's honey bee colonies see 30-percent drop
May 8, 2013
Associated PressIndiana's honey bee populations are taking a hit from a mysterious disorder that's devastating bee colonies across
the nation.
MoreSubaru to invest $400M in Lafayette plant, hire 900
May 8, 2013
IBJ Staff, Associated PressThe Japanese car maker already employs about 3,600 people at the plant and builds the Legacy and Outback cars and the Tribeca
SUV. With the new investment, it will boost capacity by 100,000 cars and begin making the Impreza.
MorePence readies 1st vetoes as Indiana governor
May 8, 2013
Associated PressPence has expressed concern with a measure shifting power from the Indianapolis City-County Council to Mayor Greg Ballard
and with a plan for a $100 million loan to the Indianapolis Motor Speedway.
MoreHamilton County voters approve school referendums
May 7, 2013
IBJ StaffA $95 million expansion of Fishers and Hamilton Southeastern high schools, and a $28 million project to expand Noblesville
High School were approved by voters Tuesday.
MoreReview finds no conflict in state's deal with Mainstreet
May 7, 2013
IBJ Staff and Associated PressGov. Mike Pence asked the Indiana Economic Development Corp. in early April to review its decision to grant $345,000 in performance-based
economic incentives to Mainstreet Property Group LLC, a company started by a top Republican lawmaker and his son.
MoreSubaru planning major expansion in Indiana
May 7, 2013
IBJ Staff and Associated PressSubaru plans to expand its Lafayette factory and add hundreds of workers to build the Impreza small car there, a source briefed
on the matter says.
MoreInteractive Intelligence shares soar after forecast upgrade
May 7, 2013
Dan HumanThe tech firm's shifting emphasis toward cloud services has boosted sales and profits. Strong results for the first quarter
lifted its stock as much as 20 percent Tuesday.
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Doug Henning!
These guy were thugs — they grew up in freaking Haughville! Smh, sigh. If the mayor needs/wants "quality" Black Hoosiers who are NOT corrupt, give me a call — I know plenty. Land bank info here - http://www.kubepharm.com/indylandbank/IndyLandBank.html
Magician and illusionist!
The basic idea of nice apartments with parking and retail is a good one, but this design seems overwhelmingly big/tall for Broad Ripple. The size could be disguised a bit with lots of big trees/landscaping, but the complex is too massive to blend in easily. That section of canal between College and Westfield will also need to be upgraded on both sides. Nice apartments facing onto a nice promenade with shade trees/plantings could bring together the canal towpath/Monon recreation, the outdoor seating at existing restaurants, and this project into something that upgrades the whole area. A plan for the whole stretch makes more sense than facing nice new housing onto what looks like a ditch. Is there a plan? Does the public have input? Who pays? The apartment idea seems to be reasonable, but Whole Foods is not a good idea for appropriate retail. Besides the store being physically too big, there are already Fresh Market at 54xCollege and Whole Foods in Nora for fancy groceries. Good Earth and Kroger are within walking distance of the Shell site. There are at least 7 grocery stores within a safe bike ride. Whole Foods would add nothing but traffic congestion. This design is on the right track, but there needs to be more work done to ensure that it blends in with and enhances the existing community. A project that large will set a tone for that whole part of town. It could be a real asset, but only if done right.
I did not move to Zionsville to live in Carmel. This and the subsequent developments to follow will ensure a vanilla uniformity of strip malls and apartment buildings as we seek to bring our town down to the least common denominator. We were warned before recent elections that pro-development council members would make sure their friends (landowners and developers) would be able to make their millions off of the exploitation of Zionsville. Why in God's name would we sell out the best preserved small town in the State of Indiana?