Regional News

Greenfield chamber seeks funds to preserve historic building

July 23, 2013
Associated Press
Less than 50 years after Hancock County was established in 1828, the building that now houses the Greater Greenfield Chamber of Commerce went up on the corner of State and South streets.
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Will residential boom end commercial bust in West Clay?Restricted Content

July 20, 2013
Andrea Muirragui Davis
Residential construction is booming in The Village of West Clay, the already-sprawling Carmel development designed to mimic small-town life at the turn of the (last) century. But not everything has gone according to Brenwick Development’s ambitious plans. Two commercial nodes remain largely undeveloped, and one property owner’s legal woes led to several high-profile vacancies that have yet to be filled.
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Car parts maker expands in Hancock County

July 19, 2013
Mason King
A 250,000-square-foot distribution center that sat empty since the recession has finally nailed down a tenant—a Canadian firm relocating operations from nearby Knightstown.
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Sprinkler system fee sparks battle in Bargersville

July 15, 2013
Associated Press
About 2,000 Bargersville Water Utility customers pay a $10-per-month fee for having an in-ground sprinkler system, generating $240,000 annually for the town, which enacted the fee in 1995.
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Firm passed over for Ball State planetarium cries foulRestricted Content

July 13, 2013
Kathleen McLaughlin
Bowen Technovation President Jeff Bowen says the university unfairly favored his Florida-based competitor to install a sophisticated audio-visual system for its new planetarium, but Ball State maintains there was nothing wrong with its process for awarding the nearly $2 million contract.
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Shelbyville sees spark of revival downtownRestricted Content

July 13, 2013
Kathleen McLaughlin
A homegrown revival in Shelbyville could gain serious momentum with redevelopment of the vacant First Methodist Building, one of the most prominent buildings on the circle. A California investor bought the five-story building in May and plans a $3.5 million renovation.
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Ingersoll-Rand spin-off names CEO for Carmel operation

July 9, 2013
Mason King
The $2 billion global security company slated to take shape in Carmel later this year has added a major piece to its executive puzzle: CEO David D. Petratis.
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Auto dealers turn bullish, snag sites

July 6, 2013
Scott Olson
Local car dealers are investing in projects ranging from new facilities to showroom renovations as the economy improves and the auto industry rebounds from a crippling slump in sales.
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Anderson woman churning out dog chews made from elk antlers

July 6, 2013
Andrea Muirragui Davis
Cindy Dunston Quirk spent a decade coming up with an allergy-free dog chew idea, then, within two weeks of deciding on elk antlers, had a product packaged and ready to sell.
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Citizens Energy quizzed on exec pay levelsRestricted Content

July 6, 2013
Chris O'Malley
Citizens Energy Group has enjoyed a certain amount of public good will over the last 125 years as a not-for-profit, charitable trust. But rising incentive pay to the trust’s top brass recently has conjured up images of an investor-owned utility—and the scrutiny of regulators.
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Cell phone retailer to establish Carmel office, hire 145

July 2, 2013
Mason King
One of the largest private firms in Indiana, Moorehead Communications will occupy a 47,000-square-foot building that it acquired earlier this year. The project will run about $5 million.
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Taxi cab drivers file suit against Town of Speedway

July 1, 2013
Mason King, Associated Press
Speedway police improperly seized the licenses of as many as 80 cab drivers on the day of this year's Indianapolis 500, and later charged them $50 each for their return, according to a federal lawsuit filed against the town.
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Out-of-the-way club caters to members' need for speed

June 29, 2013
Anthony Schoettle
Successful professionals that double as weekend race warriors and gear heads are drawn to a racetrack and club on the edge of the middle of nowhere by their love of cars and need for speed.
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Fishers plans $3M park with zip line, sledding hill

June 26, 2013
Andrea Muirragui Davis
Town officials are working to transform 80 acres of suburban farmland east of Geist Reservoir into a destination-worthy park with adventure options for bikers, hikers, sledders and anglers.
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Connersville lines up new tenant for ex-Visteon factory

June 25, 2013
Associated Press
An eastern Indiana city could sell the factory to a cabinet company for $1 as part of a deal for it to hire more than 300 workers.
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Salin saves cash with video tellers

June 22, 2013
Chris O'Malley
In what might be the strangest twist in banking technology in years, Indianapolis-based Salin Bank is the first financial institution in the state to install sophisticated, interactive video tellers.
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Tiny Lebanon firm prevails in multimillion-dollar patent caseRestricted Content

June 22, 2013
Anthony Schoettle
In the past 18 months, Larry Durkos—who invented a machine that attaches metal bed box springs and coils to wood frames—has scored two stunning victories over Leggett & Platt Inc., a Missouri-based box-spring conglomerate.
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Officials weigh moving Hamilton County offices

June 22, 2013
Andrea Muirragui Davis
Space is at a premium in the Hamilton County Government & Judicial Center, prompting officials to consider solutions running the gamut from an expansion of the existing building to a mass exodus from downtown Noblesville.
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Posey County backs bonds for $1.3B fertilizer plant

June 20, 2013
Associated Press
A southwestern Indiana county is issuing $1.3 billion in bonds for a fertilizer plant being developed by a Pakistan-based group after Gov. Mike Pence pulled state support.
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Tyco to buy Fishers-based technology firm for $150 million

June 19, 2013
 IBJ Staff and Associated Press
Tyco International Ltd. said Wednesday that it reached a deal to acquire Exacq Technologies Inc., which develops video management systems for security and surveillance uses.
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Manufacturer to relocate to Muncie, add 288 jobs

June 19, 2013
Mason King
A maker of a new heavy-equipment vehicle that uses clean energy plans to invest $4.6 million in an engineering and assembly facility and ramp up operations as orders come in.
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Fishers' first mayoral election set for next year

June 18, 2013
 IBJ Staff
Fishers residents will elect their first mayor a year earlier than expected due to a change in state law that establishes Jan. 1, 2015, as the date the town becomes a city.
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Building for game maker Fundex set for July auction

June 17, 2013
Scott Olson
One of the last remnants of the bankrupt game maker and distributor is set to be sold at auction next month. The parent of the company that makes the iconic Slinky bought Fundex in December.
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Hamilton County wants squirrels on parade

June 15, 2013
Andrea Muirragui Davis
Inspired by more than 100,000 migratory squirrels that swarmed through Westfield and Fishers in the 1820s, a group of up-and-coming Hamilton County leaders is working on a public-art initiative celebrating the bushy-tailed rodents.
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Governments helped fuel nursing-facility developer's riseRestricted Content

June 15, 2013
Kathleen McLaughlin
Carmel-based Mainstreet Property Group has built 13 nursing homes in Indiana and Illinois since 2008. Six of the dozen Indiana properties benefited from municipal-backed credit or tax breaks, and a seventh received a reduced-impact fee. Mainstreet also received $345,000 in state economic incentives.
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  1. By Mr. Lee's own admission, he basically ran pro-bono ads on the billboard. Paying advertisers didn't want ads on a controversial, ugly billboard that turned off customers. At least one of Mr. Lee's free advertisers dropped out early because they found that Mr. Lee's advertising was having negative impact. So Mr. Lee is disingenous to say the city now owes him for lost revenue. Mr. Lee quickly realized his monstrosity had a dim future and is trying to get the city to bail him out. And that's why the billboard came down so quickly.

  2. Merchants Square is back. The small strip center to the south of 116th is 100% leased, McAlister’s is doing well in the outlot building. The former O’Charleys is leased but is going through permitting with the State and the town of Carmel. Mac Grill is closing all of their Indy locations (not just Merchants) and this will allow for a new restaurant concept to backfill both of their locations. As for the north side of 116th a new dinner movie theater and brewery is under construction to fill most of the vacancy left by Hobby Lobby and Old Navy.

  3. Yes it does have an ethics commission which enforce the law which prohibits 12 specific items. google it

  4. Thanks for reading and replying. If you want to see the differentiation for research, speaking and consulting, check out the spreadsheet I linked to at the bottom of the post; it is broken out exactly that way. I can only include so much detail in a blog post before it becomes something other than a blog post.

  5. 1. There is no allegation of corruption, Marty, to imply otherwise if false. 2. Is the "State Rule" a law? I suspect not. 3. Is Mr. Woodruff obligated via an employment agreement (contractual obligation) to not work with the engineering firm? 4. In many states a right to earn a living will trump non-competes and other contractual obligations, does Mr. Woodruff's personal right to earn a living trump any contractual obligations that might or might not be out there. 5. Lawyers in state government routinely go work for law firms they were formally working with in their regulatory actions. You can see a steady stream to firms like B&D from state government. It would be interesting for IBJ to do a review of current lawyers and find out how their past decisions affected the law firms clients. Since there is a buffer between regulated company and the regulator working for a law firm technically is not in violation of ethics but you have to wonder if decisions were made in favor of certain firms and quid pro quo jobs resulted. Start with the DOI in this review. Very interesting.

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