News & Analysis

Glick partners on $30M downtown apartment development

February 14, 2011
Cory Schouten
The lead developer on a long-delayed proposal to redevelop the former Bank One Operations Center has landed a powerhouse partner: apartment developer Gene B. Glick Co.
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CIB set to approve parking lot paving bid

February 14, 2011
The Capital Improvement Board will consider a bid for up to $900,000 to pave a gravel parking lot on the former site of Market Square Arena once slated for redevelopment.
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Inspectors find Indiana tobacco sales to minors declining

February 14, 2011
Associated Press
A partnership called the Tobacco Retailer Inspection Program said Monday that sales of tobacco products to teen-agers occurred in less than 4 percent of more than 8,400 inspections.
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Governor keeping quiet on Indiana immigration bill

February 14, 2011
Associated Press
Indiana Gov. Mitch Daniels isn't saying how he feels about a proposal moving in the Legislature that would require police officers in the state to enforce federal immigration laws.
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St. Francis plans $23 million Carmel hospital

February 14, 2011
 IBJ Staff
Franciscan St. Francis Health plans to open a short-stay medical center in Carmel, creating 76 jobs by 2015, the health system announced Monday morning.
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Bosma: Daniels 'hands on' with legislators

February 13, 2011
Associated Press
The leader of the Indiana House says the governor stays in contact with legislative leaders on his agenda, even as he continues to flirt with a presidential run.
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Aspiring filmmaker scores hit with jewelry ad

February 12, 2011
Anthony Schoettle
A TV commercial for jeweler Reis-Nichols has launched filmmakers Sami Mustaklem and Alex Kosene into the advertising business. Their firm, 3rd Strand, has a growing list of clients seeking their unique storytelling approach.
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City looks to tourists to supplement convention business

February 12, 2011
Anthony Schoettle
Leisure travelers could plug gap until additional conventions fill the expanded Indiana Convention Center.
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Carmel firm top notch in the tourism industryRestricted Content

February 12, 2011
Scott Olson
Strategic Marketing & Research Inc., commonly known as SMARI, measures ad effectiveness for several states, attractions.
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Denver, Indianapolis are close match on major tourism measuresRestricted Content

February 12, 2011
The recently expanded Indiana Convention Center gives Indianapolis more space than Denver, but Denver has more hotel rooms and a larger budget.
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Ex-Emmis exec uses estate toolkit to fund Butler venueRestricted Content

February 12, 2011
Kathleen McLaughlin
Howard Schrott will provide $6.5 million toward the $13 million performing-arts building.
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Medicaid expansion could tax community health centersRestricted Content

February 12, 2011
J.K. Wall
The president of the Indiana Primary Health Care Association wants to double the number of federally qualified community health centers in Indiana in the next five years.
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Diabetes boom sparks Roche expansion

February 12, 2011
J.K. Wall
Roche Diagnostics Corp. is expanding one of its Indianapolis manufacturing plants to keep up with growing sales of its leading brand of blood glucose monitors.
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Budget shrinks 21st Century tech fund

February 12, 2011
Chris O'Malley
Even as some of its investments bear fruit in grand fashion, the state’s principal fund for investing in high-tech companies may get even less in the next budget than it did two years ago when its funding was cut in half.
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Lawmakers eye bonds for debt reliefRestricted Content

February 12, 2011
Francesca Jarosz
State lawmakers are exploring the idea of paying back more than $2 billion in federal debt for unemployment insurance by issuing tax-exempt bonds.
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American Legion HQ changes membership tacticsRestricted Content

February 12, 2011
Kathleen McLaughlin
In a move to shore up American Legion’s bottom line, the organization is holding back thousands of new members—along with their dues—from state affiliates.
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UPDATE: Former Speedway announcer Carnegie dies

February 11, 2011
Associated Press
Tom Carnegie, 91, who served as the Indianapolis Motor Speedway's public address announcer for 60 years, has passed away.
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Push to make schools start after Labor Day fails

February 11, 2011
Associated Press
A proposal to not allow Indiana's public schools to start the academic year before Labor Day has failed in the General Assembly.
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Emmis likely escapes NASDAQ-delisting danger

February 11, 2011
Scott Olson
Stock in the Indianapolis-based media company closed above the necessary threshold of $1 per share for 10 consecutive business days on Thursday, meaning it should be back in compliance with NASDAQ rules.
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Lobbying commission fires executive director after leave

February 11, 2011
 IBJ Staff
The Indiana Lobby Registration Commission on Thursday fired its executive director after placing her on leave without explanation in mid-January.
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Lilly takeover provision to be voted on again

February 11, 2011
Scott Olson
The effort to remove an 80-percent approval threshold for takeover bids against the wishes of Lilly's board is on the agenda of the company's April 18 annual meeting.
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Water damage closes Carmel art gallery

February 11, 2011
Kathleen McLaughlin
The Evan Lurie Gallery in Carmel is recovering from water damage that will leave it closed for at least another week.
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Lilly names new head of cancer drug business

February 11, 2011
Associated Press
Eli Lilly and Co. on Friday named company insider Sue Mahony as president of its cancer drug business.
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Ice storm uses big chunk of city snow-removal budget

February 11, 2011
 IBJ Staff
Indianapolis spent almost half its 2011 budget for snow removal—$3.4 million—to deal with last week’s ice and snow storms, the city announced Friday morning.
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Census: Home vacancies follow job losses in Indiana

February 10, 2011
Associated Press
North-central and east-central Indiana, which absorbed the brunt of the job losses, also showed the highest percentage of unoccupied homes.
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  1. The east side does have potential...and I have always thought Washington Scare should become an outlet mall. Anyone remember how popular Eastgate was? Well, Indy has no outlet malls, we have to go to Edinburgh for the deep discounts and I don't understand why. Jim is right. We need a few good eastsiders interested in actually making some noise and trying to change the commerce, culture and stereotypes of the East side. Irvington is very progressive and making great strides, why can't the far east side ride on their coat tails to make some changes?

  2. Boston.com has an article from 2010 where they talk about how Interactions moved to Massachusetts in the year prior. http://www.boston.com/business/technology/innoeco/2010/07/interactions_banks_63_million.html The article includes a link back to that Inside Indiana Business press release I linked to earlier, snarkily noting, "Guess this 2006 plan to create 200-plus new jobs in Indiana didn't exactly work out."

  3. I live on the east side and I have read all your comments. a local paper just did an article on Washington square mall with just as many comments and concerns. I am not sure if they are still around, but there was an east side coalition with good intentions to do good things on the east side. And there is a facebook post that called my eastside indy with many old members of the eastside who voice concerns about the east side of the city. We need to come together and not just complain and moan, but come up with actual concrete solutions, because what Dal said is very very true- the eastside could be a goldmine in the right hands. But if anyone is going damn, and change things, it is us eastside residents

  4. Please go back re-read your economics text book and the fine print on the February 2014 CBO report. A minimum wage increase has never resulted in a net job loss...

  5. The GOP at the Statehouse is more interested in PR to keep their majority, than using it to get anything good actually done. The State continues its downward spiral.

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