News & Analysis

Development may spawn TIF tug of warRestricted Content

May 11, 2013
Kathleen McLaughlin
The developer of a $17 million mixed-use project proposed for Broad Ripple is expected to seek a city subsidy—support that at least one City-County councilor believes should be reserved for neighborhoods starved for investment farther south.
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Slingshot is shifting aim away from SEO

May 11, 2013
Dan Human
After Google cracked down on some of the tools companies were using to improve their positions in search results, Indianapolis-based Slingshot SEO opted to launch a sister brand called Digital Relevance that will focus on earning media attention.
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Co-founder's death alters Naked Monkey's growth plan

May 11, 2013
Andrea Muirragui Davis
The recession and then the death of a founder put the Carmel waxing spa on a new trajectory. Now co-owner Brenda Schultz is mulling expansion plans.
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Howe toughest test yet for reformers of troubled city schools

May 11, 2013
J.K. Wall
Thomas Carr Howe Community High School, one of four taken over by the state Department of Education, is being remade yet again. And this time it faces a slew of competitors in the education-reform arena.
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nFrame data center to get new identityRestricted Content

May 11, 2013
The change to the Expedient moniker is not expected to affect the center's 40 employees and 300 customers.
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Truck insurer’s new jobs to boast gold-plated payRestricted Content

May 11, 2013
The 133 full-time jobs the truck and auto insurer plans to add over the next five years will pay around $60 an hour, or nearly $125,000 a year.
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BENNER: Tweeting my way through modern-day Pacers-Knicks seriesRestricted Content

May 11, 2013
Bill Benner
An old sports reporter takes a stab at covering a game using social media.
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MAURER: Five who made our 1980 dreams come trueRestricted Content

May 11, 2013
Mickey Maurer
'Young Turks' of 30 years ago largely achieved what they set out to accomplish for city.
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Pence signs $100 million Speedway funding bill

May 10, 2013
Associated Press
Indiana Gov. Mike Pence has signed a bill that will provide a $100 million state loan to the Indianapolis Motor Speedway for planned improvements.
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Airport drops case to fend off private parking operator

May 10, 2013
Kathleen McLaughlin
The airport's decision comes as a bipartisan group of City-County Councilors backed a resolution asking airport authority to drop its case against Midwest Logistics Partners, owner of the Ameriplex business park south of the airport.
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New leader named for Indiana natural resources agency

May 10, 2013
Associated Press
Gov. Mike Pence has picked Cameron Clark to lead the agency that oversees the state's parks, wildlife areas and historic sites and enforces hunting laws.
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Whitsett goes big with Star project

May 10, 2013
Scott Olson
A local developer plans to tear down part of the Indianapolis Star’s downtown headquarters while saving most of the building in a redevelopment that calls for 350 apartments—more units than the massive CityWay.
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Broad Ripple telecom firm plans big growth, 183 jobs

May 10, 2013
Mason King
Founded in 2007 by Purdue University students, Weeks Communications has established a new headquarters in Broad Ripple and plans to invest $4.1 million as it aggressively hires new employees.
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ExactTarget loss widens as revenue grows

May 10, 2013
Dan Human
ExactTarget continues to spend down its sales gains so that it can grow its business.
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WISH-TV fills vacant anchor slot with Hoosier native

May 10, 2013
Chris O'Malley
Lori Wilson, an Indiana University graduate, was most recently an anchor in Philadelphia—a city she may have a hard time forgetting, according to various media reports.
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Indy Parks, county assessor poised for budget cuts

May 10, 2013
Kathleen McLaughlin
Two ordinances that would reduce the Indianapolis budget by $1.6 million will be introduced to the City-County Council on Monday. The largest cuts will come from the Marion County Assessor's office, the parks department and mayor's office.
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Scam artist receives 34 years for home-sale scheme

May 10, 2013
 IBJ Staff
Shela Amos, 57, led victims in Indianapolis to believe they were legitimately purchasing vacant homes that Amos did not actually own.
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Lilly stops development on cancer drug after failed study

May 10, 2013
Bloomberg News
The drug, enzastaurin, was in the most advanced stage of testing and had been expected to generate $260 million in annual sales by 2018.
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Developer planning $60M project near Ball State

May 10, 2013
Associated Press
Investment 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.
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Duke Realty puts 17 Midwest office buildings on block

May 10, 2013
Bloomberg News
The 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.
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IU's Kelley School of Business getting new dean

May 9, 2013
Bloomberg News
Idalene 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.
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Pence signs Indiana voucher expansion bill

May 9, 2013
Associated Press
Gov. 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.
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IUPUI to move men's hoops to fairgrounds Coliseum

May 9, 2013
 IBJ Staff
School 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.
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Merchants, Citizens Bank to merge

May 9, 2013
Chris O'Malley
Shareholders in Carmel-based Merchants will receive stock that was valued at $98.3 million before the announcement of the deal caused a huge spike.
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Area homebuilding permit filings surge 41 percent

May 9, 2013
 IBJ Staff
Single-family building permits filed in the nine-county Indianapolis area rose again in April, the 10th straight month of year-over-year increases.
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