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Public-Private Partnership
Commission OK'd land bank deals with charities
May 29, 2013
Kathleen McLaughlinCity development officials were outraged last year to learn that the Indy Land Bank allowed investors to circumvent a public
bidding process for real estate by working through a not-for-profit entity. Yet they continued to approve Land Bank transactions
with not-for-profits.
MoreIndianapolis bond bank chief Kintner is clutch hitter
March 10, 2012
Sam StallDeron Kintner has stepped up to fund a string of high-profile real estate projects at a time when private-sector financing
is scarce.
MoreNaming-rights deal to benefit city's snow-removal efforts
January 24, 2012
The agreement calls for longtime salt supplier Cargill Inc. to give Indianapolis 125 tons of salt and five pickup trucks equipped
with snow plows and salt spreaders.
MoreState signs sponsor for road-side assistance program
October 22, 2011
IBJ StaffState Farm Insurance will pay $1.25 million over the next three years to sponsor the Hoosier Helper program.
MoreParking deal netting city more meter money
August 19, 2011
Scott OlsonIn the quarter ended June 30, the city's share of revenue from parking meters totaled $498,273 compared with $108,265 in the
same time frame of 2010, a 360-percent increase.
MoreCity chamber of commerce, Develop Indy might merge
August 15, 2011
Kathleen McLaughlinChamber Chairman John Neighbours said he "wouldn't rule out" combining the economic development groups.
MoreLilly's master plan for downtown (real estate)
February 19, 2011
Cory SchoutenAs Eli Lilly and Co. outsources work and sheds unnecessary properties, it is making moves with surplus real estate that could
establish the strongest physical connection between Lilly and downtown since the company was founded at Pearl and Meridian
streets 135 years ago.
MoreCity offers another parks facility for lease
January 24, 2011
Francesca JaroszIndy Parks & Recreation officials on Monday issued a request for proposals from entities interested in leasing the Riverside
Marina facility near 30th Street and White River Parkway.
MoreGovernor seeking leeway on road deals
December 18, 2010
Francesca JaroszGov. Mitch Daniels’ legislative priorities for next year include putting guidelines into law that would allow the state
to more broadly use the private sector to design, finance or operate public infrastructure.
MoreCity's Conrad hotel investment starts to pay off for taxpayers
November 6, 2010
Cory SchoutenThe city put up $25 million for the hotel, restaurant and condo development at the corner of Washington and Illinois streets,
including $3.75 million in exchange for the economic equivalent of an 8-percent stake.
MoreDowntown apartment developers take divergent paths to financing
October 30, 2010
Cory SchoutenJ.C. Hart Co. spent more than a year securing a $5 million bank loan to expand an existing project; Buckingham Cos. turned
to the city to finance its ambitious project just north of the Eli Lilly and Co. campus.
MoreIndianapolis-area experts see bright spots amid ongoing real estate weakness
October 23, 2010
Health care shows signs of life, and multi-family buildings continue to hold their own, experts said during a recent IBJ
Power Breakfast.
MoreCritics of parking proposal question $500,000 penalty
September 28, 2010
Scott OlsonCity leaders argue the termination fee would be paid only if the city breaks the 50-year agreement after the City-County Council
signs off on the deal, not if the contract doesn't win approval.
MoreDolce hotel, YMCA part of city-funded 'North of South' development
September 27, 2010
Scott OlsonThe city plans to issue bonds and use tax-increment financing to fund the $150M project, which also will include 320 high-end
apartments and 40,000 square feet of retail space. Construction should begin this year.
MoreParking privatization may spur economic development
April 9, 2010
Peter SchnitzlerMayor Greg Ballard's potential lease of more than 15,000 street, surface and garage parking spaces could create turnover downtown
and in Broad Ripple, boosting retailers and restaurants.
MoreIFD gets finger-lickin' good sponsorship deal
January 6, 2010
Anthony SchoettleKFC agreed to pay city for smoke detectors and fire extinguishers in exchange for using Indianapolis Fire Department to help
it launch new fiery grilled wings. Mayor Greg Ballard hopes the deal is the first of many such corporate sponsorships.
MoreNeighborhood revitalization group calling it quits
November 24, 2009
IBJ StaffBOS Community Development Corp., created in 1982 to revitalize the Indiana Avenue and Midtown area, says its mission is accomplished.
MoreCity receives host of sale, privatization ideas for water, sewer utilities
October 3, 2009
Chris O'MalleyOfficials grappling with a water utility deep in debt and a sewer infrastructure needing upwards of $2 billion in
upgrades were swamped with proposals about how to fix the mess.
More$65M development deal would cost Capital Improvement Board
June 22, 2009
Cory SchoutenThe Capital Improvement Board could be forced to give up one of its most profitable assets so the city can pull off a $65-million
public-private downtown development deal. The city has agreed to help a developer revitalize the vacant former Bank One operations
center in part by acquiring an adjacent
parking garage for $18.5 million.
MoreTransit, sustainable development likely to be themes in rescue of near-north neighborhood
June 1, 2009
Chris O'MalleyLocal leaders and, soon, a national team of experts, are quietly developing a strategy to revitalize Marion County's biggest
concentration of brownfield sites and impoverished urban neighborhoods, centered at East 22nd Street and the Monon Trail.
MoreVisible progress in the city hides other troubles
May 18, 2009
Indianapolis still looks like a city with momentum, despite the dismal economy. But appearances can be deceiving.
MoreWestfield mayor hopes $60M stadium project will transform city
April 27, 2009
Cory SchoutenWestfield Mayor Andy Cook is proposing a $60 million youth sports complex with a 4,000-seat multipurpose outdoor
stadium, indoor sports facilities and sports fields with the goal of establishing the Hamilton County community as the "Family
Sports Capital
of America."
MoreCIB 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.
MorePrivate gifts give city a lift
January 26, 2009
State and local governments in Indiana aren't known for pouring tax money into so-called progressive causes. Private money
often has to step in.
MoreIs 2012 Super Bowl wisest investment?
December 8, 2008
Brian WilliamsThe economic impact of a Super Bowl on the host city is subject to vigorous debate.
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These higher rates Co. e about only because physicians are now hospital employees. otherwise physicians couldn't charge these rates and share the windfall with the hospital. Community/rural hospitals probably not buying physicians practices and thus weren't getting the windfall anyway.
The incentive for poor people to get themselves off public assistance and "no longer be poor" is even with help...they're STILL POOR! Being poor, even with some assistance, isn't all that pleasant. (I speak from experience) It's a stubborn myth that poor people, who are on public assistance, are sitting in the lap of luxury. You should try living on just those "freebies" that you mentioned and see how meager they actually are. By the way, I didn't mean you had to buy/own a puppy...just pet one. :)
As near as I can tell the minority has ZERO constitutional obligation to offer a quorum to the majority. A requirement for quorum was inserted into the constitution so that tyrannical majorities could not simply shove through odious and objectionable legislation (which is exactly what they did.) By allowing a tyrannical majority to charge fines against the minority for exercising their constitutional prerogative to deny quorum the court as made a mockery of constitutional governance in the state of Indiana.
The voters elected the Reps to make a vote not walk out on the vote. They had to the right to exercise their opinion and vote "no" to the bill. Let me ask you this if you walked out of your job for 5 straight weeks would you get paid? Would you even have a job to go back to? If any elected official walks out on the people they should be arrested for stealing tax dollars from the public. They were elected to do a job and not leave when the job gets stuff.
I have been to several of their locations in Pennsylvania and always go in for 1 item and leave with a basket full of things. I'm very happy they decided on Indiana, now if only they would put the other store in eastside.