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News & Analysis
Mayor hopes to fix budget by offering naming rights to city-owned properties
April 20, 2009
Anthony SchoettleCity officials want to raise money by selling sponsorships, advertising and possibly even naming-rights deals for city-owned
properties as they attempt to chip away at a projected $23 million deficit in the municipal budget.
MoreExports rise despite recession
April 20, 2009
Chris O'MalleyIndiana's growing shipments to China averts a reversal in exports for the state, but core transportation equipment takes a
hit.
MoreSimon layoffs would jeopardize HQ incentive deal
April 20, 2009
Cory SchoutenDuring one of the worst markets for real estate in decades, at a time when developers of all sizes are shedding employees,
officials with Simon Property Group Inc. continue to insist they have had zero layoffs.
MoreSimon family's interests helped city thrive, but taxpayers paid the price
April 20, 2009
Cory SchoutenThe Simon family's role in building the city has come at a steep price for taxpayers. Simon and
its business interests in the last 20 years have collected local government incentives
worth more than $400 million, an IBJ tally of those deals shows.
More$4.7B WellPoint deal leaves workers in limbo
April 13, 2009
J.K. WallInvestors cheered this morning after WellPoint Inc. agreed to sell its pharmacy management unit to Express Scripts Inc., but
the fate of about 2,100 WellPoint employees now is up in the air.
MoreWellPoint to sell subsidiary for $4.6B
April 13, 2009
J.K. WallWellPoint Inc. has
agreed to sell its pharmacy benefits management arm for $4.675 billion in cash and stock to St. Louis-based Express Scripts,
the companies announced April 13.
MoreWomen's Fund narrows its focus
April 13, 2009
Katie MaurerCritical endowment has lost half its value during slump
MoreSteak n Shake nixes $4M contract with ad firm after less than 3 months
April 13, 2009
Anthony SchoettleLess than three months after hiring a new advertising agency, Steak n Shake has jettisoned and is now suing Georgia-based
The Varnson Group.
MoreProlonged woes reshape Connersville, city once known as 'Little Detroit'
April 13, 2009
Kathleen McLaughlinWith economists predicting the statewide unemployment average will reach 10 percent this year, the experience of a hard-hit
city like Connersville offers a glimpse of what lies ahead for other manufacturing-reliant Hoosier communities.
MoreDoc sues Web-savvy ex-patient
April 13, 2009
J.K. WallDr. Barry Eppley, an Indianapolis surgeon, says an online crusade by a disgruntled former patient is taking a toll on his
practice, and he's suing her.
MoreConseco's Prieur, others suffering steep losses on purchase of shares
April 13, 2009
J.K. WallConseco CEO Jim Prieur keeps putting his money where his mouth is, purchasing more than a half-million
shares of his company's stock over two years.
MoreQuality-control firm launches after key player folds
April 13, 2009
Kathleen McLaughlinEntrepreneur Steven J. Cage has launched a new quality-control business after the one he built into an industry leader shuttered
suddenly.
MoreRecession slices into golf business; courses roll out promotions
April 13, 2009
Anthony SchoettleIndiana golf course operators are nervous about how the recession might lead to fewer golfers and lost revenue.
MoreStem cell discovery promises health care revolution
April 13, 2009
Bloomberg NewsScientists are using a new stem-cell technique that may someday revolutionize care for disorders as diverse as diabetes, Alzheimer's
disease and muscular dystrophy.
MoreIndiana playing trailblazing role in drive to tailor pharmaceuticals to genetic makeup of individuals
April 13, 2009
Chris O'MalleyIndiana is becoming not only a hotbed of "pharmacogenomics" research, but also a trailblazer in finding practical ways to
use it on the practitioner level.
MoreOmnicity seeks financial turnaround, has 28 acquisitions in mind
April 13, 2009
Chris O'MalleyDick Beltzhoover, a private investor in Omnicity Corp., a Carmel-based wireless broadband provider, has quietly taken the
company public and has lofty plans to expand nationwide.
MoreStartup Carbon Motors could create 1,500 jobs
April 13, 2009
Kathleen McLaughlinHoosier economic development officials are working to attract police-car maker Carbon Motors to Connersville.
CIB rescue plan counts on new hotel being big success
April 13, 2009
Peter SchnitzlerThe Marion County Capital Improvement Board's bailout depends on the success of Indianapolis' new downtown JW Marriott convention
hotel.
MoreHungry for customers, restaurateurs dangle deals
April 6, 2009
Sam StallRestaurateurs are responding to the recession, be they the proprietors of fine-dining establishments or burger joints, by offering low-cost dining deals.
Project aims to make electric plug-in cars a reality
April 6, 2009
Chris O'MalleyA partnership of electric utilities and technology companies is intent on making Indianapolis the first city in the nation
to test plug-in electrics on a mass scale, perhaps starting later this year.
MoreState insurance program containing health costs
April 6, 2009
Scott OlsonDoug Stratton, executive director of the Indiana Comprehensive Health Insurance Association, slashes costs, pushes disease
control to keep prices as low as possible.
MoreForeclosure investors shift to buy-and-hold strategy
April 6, 2009
Sam StallInstead of buying and selling, investors with ready cash are buying houses at substantial markdowns, turning them into rental
properties and sitting tight until the market improves.
MoreMost office-space renters opt to stay where they are
April 6, 2009
Sam StallTight budgets, unsure future make moving unattractive to office-space renters.
MoreDoctors squirm as patients rate health care
April 6, 2009
J.K. WallAs health care slowly shifts to operate more like retail stores, patients' opinions of doctors have become commonplace on
more than 30 physician-rating Web sites, including a subscription service run by Indianapolis-based Angie's List.
MoreHarlan Bakeries sues vendor over equipment glitches
April 6, 2009
Peter SchnitzlerHarlan Bakeries recently filed a lawsuit against equipment vendor Doboy Inc., saying it provided faulty equipment to package
Harlan's cream-cheese-filled bagels.
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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.