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News & Analysis
Expanded FedEx cargo hub not meeting expectations
June 15, 2009
Chris O'MalleyIndianapolis International Airport, already suffering from a 10-percent drop in passenger traffic and a projected $15 million
revenue shortfall this year, is also feeling financial drag from its single most important tenant. FedEx Express cargo shipments,
which amount to about half of the $25 million in airfield fees generated at the airport, fell
16 percent in the first three months of this year vs. the same period last year.
MoreAnderson's abundant water supply makes city well-suited for Nestle, other food processors
June 15, 2009
Kathleen McLaughlinThe city of Anderson soon will tap a new well to help accommodate demand from Nestle USA, which opened a Madison County plant
in May 2008 producing bottled, flavored Nesquik and liquid Coffee-mate, a water-based creamer. The
company already has launched an expansion slated for completion in 2011.
MoreMarketing veteran to lead Circle City Classic
June 15, 2009
Anthony SchoettleThe Circle City Classic has hired Marc Williams, an East Coast marketing consultant, as its executive director, a post vacated
in March when Tony Mason left to become senior vice president for the 2012 Super Bowl Host Committee.
MoreIU to offer degree in fund raising
June 15, 2009
Kathleen McLaughlinMost fund-raisers stumble into the profession, but within a decade the field could be populated by recent college graduates
who hold degrees in philanthropic studies.The Center on Philanthropy at Indiana University soon will roll out a bachelor's
degree that would be among the first of its kind. If all goes as planned, IUPUI would begin marketing the degree, granted
by the School of Liberal Arts, for the fall of 2010.
MoreArts backer Efroymson returns to contemporary museum he helped start
June 15, 2009
Kathleen McLaughlinJeremy Efroymson recently agreed to return to the financially flailing Indianapolis Museum of Contemporary Art as its executive
director and work for free. Efroymson, one of the museum's early leaders, has a strategy for seeing IMOCA through a financial
rough spot, but what remains unclear is how the museum will wean itself off his support.
MoreBrowning acquires 43 homes for $100 million mixed-used development in Carmel
June 15, 2009
Cory SchoutenDeveloper Brown Investments has reached terms with the owners of 43 of 49 homes in the North Meridian Heights neighborhood
in Carmel. Browning plans to demolish the homes to make way for a $100 million commercial development over 17 acres.
MorePacers coach takes to streets to combat homelessness
June 15, 2009
Anthony SchoettleEven with the NBA draft approaching, Pacers coach Jim O'Brien makes time for his duties as a board member and on-the-ground
volunteer for the Coalition for Homelessness Intervention and Prevention. A strong commitment to community service runs in
the coach's family.
MoreSome laid-off workers qualify for lucrative benefits
June 15, 2009
Kathleen McLaughlinA little-known federal program provides support for retraining to workers whose employers were hurt by foreign trade. The
Trade Adjustment Assistance Act also offers income replacement and health insurance benefits.
MoreGrads, career-changers surge into teaching
June 8, 2009
J.K. WallFolks from all sorts of professions are trying on teaching, to survive the recession or to give back to the community. Or
both.
MoreCultural Trail spurs development plan along Virginia Avenue
June 8, 2009
Cory SchoutenA local architecture firm hopes to challenge hip Mass Ave with an arts-themed development in Fletcher Place. The $9 million
project would include apartments, retail and office space.
MoreNot-for-profits use electronic technology to raise funds
June 8, 2009
Kathleen McLaughlinFund raising via video e-mailing gets attention, but the jury is still out on its return on cost.
MoreNewcomer Franklin University could create marketing mix-up for Franklin College
June 8, 2009
J.K. WallOhio-based Franklin University's move into the Indianapolis market sets up the potential for significant name confusion with
Franklin College, the liberal arts school 30 minutes south of Indianapolis.
MoreSpanish-language news program finds home after cancellation
June 8, 2009
Scott OlsonThe familiar face of a local Hispanic television newscast is back on the air, less than six months after the parent of WISH-TV
Channel 8 pulled the plug on him.
MoreState audit findings sting Westfield
June 8, 2009
Cory SchoutenWestfield's mayor says the city's rapid growth and small staff are to blame for accounting problems raised in a State Board
of Accounts audit.
MoreVacant dealerships join already rocky real estate market
June 8, 2009
Tom HartonThe owners of car dealerships slated for closure by Chrysler and General Motors face a tough environment for unloading their
real estate, but an expected onslaught of such properties has at least one company preparing to grab a slice of the business.
MoreMarketing employees open own computer-generated motion graphics business
June 8, 2009
Chris O\'malleyThe three principals of The Basement Design and Motion left another firm to set their own course in the world of Web convergence
marketing.
MoreRetirement plans changing as employers cut costs, workers crave stability
June 8, 2009
J.K. WallLast fall's Wall Street meltdown, which erased half the value of some 401(k) retirement plans, has both employers and employees
re-examining what to expect long term.
MoreUnprecedented economic forecast revision will frame special session
June 1, 2009
Peter SchnitzlerWith the help of outside economists, Indiana government undergoes an economic forecast every other yearâ??a process that's
taken on increased importance this spring, as Gov. Mitch Daniels and the Legislature attempt to craft a two-year budget amid
the deepest recession since the early 1980s.
MoreExperts doubt Indianapolis can lure huge conventions
June 1, 2009
Scott OlsonIndianapolis already hosts three of the top 200 conventions in the country. But additional meeting space coming online late
next year could help the city double the number.
MoreOutlying counties, tired of waiting for Indianapolis convention spillover, set own strategies
June 1, 2009
Anthony SchoettleSome industry insiders worry that, while Indianapolis is busy chasing bigger conventions, adjoining counties may raid the
cupboard made plentiful by investments within Marion County, particularly downtown.
MoreCarmel Community Players retools after lost grant; group facing $75,000 debt, loss of longtime venue
June 1, 2009
Kim PuckettCash-strapped theater group Carmel Community Players has nixed its summer musical, canceled its Summer Camp for Kids, and
pulled out of Carmelfest 2009 after being denied the public funding it has received for years.
MoreIrvington rolls out $1.2 million promotional campaign
June 1, 2009
Anthony SchoettleIn the midst of a $1.2 million campaign to upgrade streets, sidewalks and other neighborhood infrastructure, a coalition of
Irvington businesses and residents is launching a unique marketing campaign to tout the neighborhood's recent enhancements
and position it as an alternative to places such as Carmel, Zionsville, Geist and Noblesville.
MoreIndiana logs more complaints against collectors as pressure mounts to make debtors pay up
June 1, 2009
Sam StallA lot of people owe money these days, and some of the agencies hired to pursue them are resorting to old- school tactics to
collect. Things like calling at all hours, threatening to have debtors jailed or fired, or employing abusive language.
MoreGregg landing in prime spots abandoned by failed retailers Circuit City, Linens & Things
June 1, 2009
Cory SchoutenElectronics retailer HHGregg Inc. has snapped up at least a dozen former Circuit City and Linens & Things locations in six
states and is eyeing more of the empty big boxes in an opportunistic move toward expansion.
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.
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Laura-the festivals and tastings are free. What does is strengthen the sense of community with activities. What are those empty lots doing for the Village? it's sad you can't see the good that this progress can do for the area. No one is requiring anyone to shop there. I guess you'd rather see a Dollar store move in or no, we'd rather see the property stand empty b/c change is out of the question.
Read down to the part about Brizzi. Someone needs to subpoena his "purchases" of Red RockPictures and Cellstar and his corresponding bank records, I mean c'mon, I'd like to see his alcohol usage records, too. http://diana-vice.blogspot.com/2011_01_01_archive.html
Wonder if my neighborhood can advertise our "retention" pond and act like it is a beach too?
a new record at the '11 salebration until they realized that it was a futile effort to get their crapwagon moter and crapwagon car up speed. And then they just quietly slunk off into the night and never spoke of it again. Nothing to see here folks.
millions for putting a company's bumper sticker on one of its Lolas. But you gotta take what you can get.