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Public-Private Partnership
Indianapolis 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.
MoreSpeedway on track to develop tourism year-round
November 17, 2008
As the 100th anniversary of the Indianapolis Motor Speedway approaches,
the town of Speedway, at long last, is making an aggressive play to turn the world-famous oval into an economic engine that
runs year-round.
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If a television station wants to improve viewership, get rid of the local blackout. I was born by the brickyard, and have attended 15 or more races. I have children now, I won't attend unless circumstances are perfect. As those with growing families know, they never are. I'm always impressed that upwards of 250,000 people attend the 500. However, as a growing, or, more apt, sprawling city, Indianapolis and its immediate suburbs count almost 2.2 million. Show the race live, let the venue get a kick-back on revenues, and open-wheel racing might have a fighting chance to be relevant again. Just in time for those tax-payer lights to make sense.
John Moore, I too have had the same issue recently. A property next to my house was on the Land Bank and I was interested in purchasing. When I tried to contact Reggie, I got back emails that had nothing to do with what I asked about. Actually my latest response from him was on this past Friday. I had asked about how to buy the property and if it was still available. His response to me was to contact the mayor's office to get the schedule of his appearances. (???) Hopefully the city is able to do something to fix what this guy has done, it would be nice if they would take the properties back and sell them properly so land owners like me and you mother would have a fair chance.
I too work in the industry, with over 25 years of experience and your political spin has probably nothing to do with any rebranding. "Let's dress it up" would have nothing to do with the government "telling us how and what to eat." Give it a political rest. And being a producer for a radio show doesn't mean you've been involved in advertising and branding for 30 years.
Ms. Morris did not understand the ways of the business world, otherwise, like the IMS, she could have petitioned the State Legislature for a handout of State Funds for her charity work. Ms. Morris should consider becoming a state lobbyist for Lemonade Stand Operators.
David Copperfield!