News & Analysis

DeVry Inc. plans to open local nursing school

February 15, 2011
The for-profit school would lease 24,000 square feet at its Keystone Crossing campus and employ 55 people in its nursing program at an average wage of $28.85 an hour. DeVry is requesting property-tax abatement to offset investment costs.
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Indiana launches $250K ad blitz for Illinois businesses

February 15, 2011
Associated Press
State and local officials in northwest Indiana are investing $250,000 in billboards and television and print ads will appear across Illinois and target that state's personal and corporate tax increases.
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Whitsett proposes 86-unit downtown apartment project

February 15, 2011
Tom Harton
The $7.2 million project, to be financed with affordable-housing tax credits, involves retrofitting the three-story former Central Restaurant Products building to accommodate one- and two-bedroom apartments.
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New York Stock Exchange parent to be acquired

February 15, 2011
Associated Press
The parent company of the New York Stock Exchange says it has agreed to combine with the operator of the Frankfurt stock exchange, Deutsche Boerse.
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Retail sales rise again despite severe weather

February 15, 2011
Associated Press
Shoppers pushed retail sales up for a seventh straight month in January, but the increase was the weakest since June.
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Bill would send taxpayer cash to private schools

February 14, 2011
Associated Press
Indiana lawmakers will start the debate Tuesday on the most controversial plank of Gov. Mitch Daniels' sweeping education platform: a plan to use taxpayer money to help parents send their children to private schools
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Vote delayed on Indiana same-sex marriage amendment

February 14, 2011
Associated Press
Resolution sponsor Rep. Eric Turner of Marion said he wouldn't call it for a vote on Monday because some House members who want to support it were absent for the day.
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Former Colts player charged in $1M theft case

February 14, 2011
Associated Press
Former Indianapolis Colts quarterback Art Schlichter, whose NFL career was derailed by a gambling addiction, was charged Monday with stealing more than $1 million from a 68-year-old woman in suburban Columbus, Ohio.
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WXIN-TV general manager leaving for Houston station

February 14, 2011
Scott Olson
Jerry Martin notified staff on Monday that he has accepted a position as general manager of NBC affiliate KPRC-TV. Martin joined Fox59 six years ago and helped the station increase its news coverage.
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Daniels finishes low in weekend straw poll

February 14, 2011
 IBJ Staff and Associated Press
The Indiana governor received just 4 percent of the vote among potential Republican presidential candidates at the Conservative Political Action Conference. But an IUPUI political science professor says the weak showing shouldn't dissuade Daniels' supporters.
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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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  1. On my rental property, before tax caps, I was paying $2,000/yr in property taxes. After the tax caps I'm paying $4,000/yr. How exactly am I "benefiting the most"?

  2. Nick, I too tried that new Walmart NM on Michigan a couple of weeks ago. I had the same feeling, it had good prices, but something was just off about it. I can't put my finger on what it is, but it just didn't feel right. On the plus side, it was easy to get in and out of and much less busy than a typical Walmart.

  3. @Young Hoosier - you might want to check out the Paris skyline again....it's decidedly taller than 7-8 stories http://all-that-is-interesting.com/paris-skyline-photo

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  5. So the GOP legislature passed a bill that gave big breaks to business at the expense of Indiana families. Color us not surprised.

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