- Home
- NEWS
- REGIONAL
- THIS WEEK'S PAPER
- BLOGS
- Multimedia
- OPINION
- A&E
- LISTS
- PEOPLE
- EVENTS
- Classifieds
- Subscribe
Sports Business
Coastal is in the name, central Indiana is its game: California-based firm cultivating its local operations
October 10, 2005
Tammy LieberDespite its name, Coastal Partners LLC is firmly entrenched in the heartland. Most of its current projects are in central
Indiana, as are about half its employees. In August, the Sacramento-based firm hired Tom Ott to oversee its central Indiana
operations and new development. Ott, a respected 10-year veteran of the local office of Los Angeles-based CB Richard Ellis,
plans to continue his relationships in the local brokerage community to further Coastal Partners' presence in the area. Although
the name...
MoreSPORTS: Hoop paths of Indiana and Lithuania finally cross
October 10, 2005
Bill BennerIn the small republic by the Baltic Sea-population 3.4 million-many youngsters grow up dreaming the same kinds of hoop dreams
young Hoosiers do. "Basketball in Lithuania is even crazier," Jasikevicius, a 6-foot-4-inch guard, said recently at Conseco
Fieldhouse, moments after finishing his first official practice as a Pacer. "We always call it our second religion." During
the 50 years Lithuania was part of the Soviet Union, players from the republic were the nucleus of the USSR national teams.
It was...
MorePacers' new game plan: polish team persona: NBA squads must comply with tough conduct rules
October 10, 2005
Anthony SchoettleAlmost a year removed from the infamous brawl in Detroit, the Indiana Pacers are ready to put their best foot forward. And
they're getting a hand-or more like a foot in the backside-from NBA Commissioner David Stern. Stern on Sept. 28 handed down
new league dress code and conduct rules aimed at brightening the image of players and making them more accessible to fans,
community groups and media outlets. The rules-which require players to wear sport coats, collared shirts and...
MoreSPORTS: Why big-league baseball has become bush league
October 3, 2005
Bill BennerThe Great American Pastime is past my time. I've pretty much ceased to care about Major League Baseball. Note that I said
"major league." I remain very much a fan of the Indianapolis Indians and the experience to be had in the country's very best
minor-league ballpark, Victory Field. I do know, albeit casually, that going into the last week of the regular season, there
was considerable sorting out to be done before playoff participants could be determined, that the...
MoreSpeaking of health care: Local experts weigh in on rising costs, the uninsured and whether our current system needs an overhaul
Public health priorities, executive salaries and the "gold rush" of health care construction were among the topics tackled
Sept
October 3, 2005
Public health priorities, executive salaries and the "gold rush" of health care construction were among the topics tackled
Sept. 21 in the latest installment of Indianapolis Business Journal's Power Breakfast Series. IBJ reporter Tom Murphy moderated
the panel discussion, attended by some of the area's foremost health care experts. Following is an edited transcript of the
often-spirited discussion, which included a brief interruption by protestors seeking medical insurance coverage for janitorial
staff who clean Anthem Inc. buildings. IBJ: Can you...
MoreTexas group roaring for Indians stock: Lion Fund dangles 40-percent premium for ballclub's shares
October 3, 2005
Anthony SchoettleA San Antonio-based hedge fund's public solicitation of Indianapolis Indians stock is akin to a hostile takeover attempt,
industry observers said. It also brings into question the succession plan of the Indians' 72-year-old chairman, Max Schumacher,
who owns 39 percent of the company's stock. While officials for The Lion Fund LP said they aren't looking to take majority
control of the city's AAA baseball franchise, they're willing to pay a substantial premium over the Indians' last buyback
offer of $9,200...
MoreHip-deep in endorsements: Sony, Kraft deals help Manning reign as NFL advertising king
October 3, 2005
Anthony SchoettleWith three newly inked endorsement deals, Indianapolis Colts quarterback Peyton Manning is scoring faster and more often with
corporate America than any other National Football League player, according to his handlers at Cleveland-based IMG Worldwide.
But Manning's endorsement success hasn't played out as fast as one of his famous twominute drills. Since entering the league
sevenplus years ago, Manning and IMG have followed a carefully diagrammed blueprint to build first a local platform through
deals with St. Vincent Health and...
MoreSPORTS: New stadium part of strategy born here decades ago
September 26, 2005
Bill BennerThe circumstance finally gave way to pomp last week. And as the silver shovels glistened in a setting sun at the Indiana Stadium
ground breaking, a new day dawned for Indianapolis and central Indiana. Similarly, the multipurpose stadium-sorry, but I refuse
to call it the "Colts Stadium" when its benefits will be so vast and its uses so varied-represents both an end and a beginning.
In some ways, it is the final piece of a puzzle that began to be...
MoreIRL teams may have to cut staff or broaden horizons: Mechanics could feel biggest impact of shorter season
September 26, 2005
Anthony SchoettleThe 2006 Indy Racing League schedule-which is two months shorter and has three fewer races than 2005-has teams considering
either cutting staff or expanding into other race series to fill the void. "You hate to make any staff cuts, but that's one
question facing all the [IRL] teams," said Doug Boles, chief operating officer for locally based Panther Racing. "This is
a very competitive industry and to keep your good people, you want to keep them employed year-round." But with...
MoreIndians stock price belted into upper deck: AAA baseball franchise hits $21,000 per share
September 26, 2005
Anthony SchoettleDespite the meteoric rise of the Indianapolis Indians' stock price, some industry analysts think the minor-league baseball
franchise is still undervalued. In August, three shares of the thinly traded public company sold for $21,000 each and another
share sold for $19,500. The $21,000 share price-with 800 shares outstanding-puts a $16.8 million value on the AAA team. That's
leagues ahead of the $8.3 million it was valued at during a stock buyback initiated by the franchise in 2002. "A value for...
MoreSelective Seconds: Consignment stores' owner proud to be picky High-end items are the stock of choice at Selective Seconds
September 19, 2005
Jo EllenVena Holden is picky about the seconds in her shops, specializing in better brand-name clothing, accessories, linens, gifts
and shoes. She makes clear that hers is not a used clothing store. "We look for the higher-end items and are selective in
what we take," said Holden, 45, who founded the appropriately named Selective Seconds after years of shopping consignment
shops for herself when she worked as a legal secretary and office manager for local law firm Plews Shadley Racher and...
MoreSPORTS: IU getting it right where tailgating is concerned
September 19, 2005
Bill BennerMy alma mater, Indiana University, has taken its share of licks in recent times. In fact, I've used this space to throw some
of the punches. But its recent decision-coinciding with the start of football season-to try to oust the party animals from
the jungle just south of Memorial Stadium on game days was prudent, correct and too long in coming. This, folks, has been
a human and legal calamity waiting to happen. The "jungle" is a park-like area across...
MoreVIEWPOINT: We all pay the price of homelessness
September 19, 2005
Brian S."The moral test of government is how that government treats those who are in the dawn of life, the children; those who are
in the twilight of life, the elderly; and those who are in the shadows of life, the sick, the needy, and the handicapped."
-Hubert H. Humphrey The most recent sessions of the Indiana General Assembly and the U.S. Congress have focused significant
efforts on addressing the needs of children through education and the elderly through prescription drug...
MorePrivate high school set: Cristo Rey to open downtown with 46 companies behind it
September 19, 2005
Anthony SchoettleA private high school that relies on business participation, the first of its kind in Indiana, is set to open downtown in
the fall of 2006. A work-study program designed to help lowincome students pay for tuition and give them corporate work experience
is what will set Providence Cristo Rey High School apart from its private and public counterparts throughout the state. Corporate
sponsors said it will also give promising students a local business connection, which could help keep them...
MoreTOM HARTON Commentary: Where business, disaster meet
September 12, 2005
We don't do weather. Business newspapers don't ask reporters to stand in bitter cold to demonstrate that it's uncomfortable.
We don't warn our readers about the dangers of a storm by assigning a reporter to stand in the middle of one. When the wind
and rain send things crashing down around us, we become consumers of news just like everyone else. Last week, we broke our
rule. No, we didn't brave the elements, but what happened in New Orleans and...
MoreGERALD BEPKO Commentary: FFA is important to our future
September 12, 2005
What major, national, student-oriented not-for-profit organization with deep roots in Kansas City moved its headquarters to
Indianapolis in the last decade and now has made commitments to bring a huge number of visitors to Indianapolis each year
into the future? If you think the answer is the NCAA, you would be half right. The complete answer is that there are two such
organizations: the NCAA and FFA. Both the NCAA and FFA brought economic benefits along with their headquarters. Through...
MoreFinal 4 lodging scarce: 7 months before event, brokers lock up rooms
September 12, 2005
Anthony SchoettleBasketball fans hoping to catch the action at next spring's NCAA men's Final Four in Indianapolis are more likely to score
decent tickets than they are a downtown hotel room, though neither will come cheap. As the event has moved from fan-centric
to corporate, the demand and price for hotel rooms has reached new highs. And the hotel room supply for Final Fours held locally
is likely to tighten as NCAA officials push for larger Final Four venues-such as the...
MoreSPORTS: City should be tour stop for men's or women's golf
September 12, 2005
Bill BennerThat sellout crowds flocked to Carmel's Crooked Stick Golf Club for the Solheim Cup should come as no surprise. This is an
area with a big appetite for golf, whether playing or watching it. Yet it's also a reminder that for all we have accomplished
in spectator sports, professional golf remains the hole in our doughnut. Yes, we have had our on-and-off forays into the arena.
A PGA Tour stop, the 500 Festival Open, took place on the old Speedway...
MoreSPORTS: Championship contenders bring out Mr. Softee
September 5, 2005
Bill BennerMy friend, the young radio sports talk show host, tells me I've become Mister Softee. He says I have lost my edge. He wonders
why I don't rattle cages like I used to. He says the Indianapolis Colts have to win the Super Bowl this year, and anything
less should be considered an abject failure. And I say, poppycock. He says winning a championship is the only measurement
of success in professional sports. And I say, baloney. He says if...
MoreAncient sport of kings still appeals to Hoosiers: Hickory Hall Polo Club keeps game alive on Boone County farm
September 5, 2005
Anthony SchoettleA handful of noisy chickens and a small herd of goats meander around two neatly kept barns that house about a dozen horses,
their stalls overlooking the 10-acre field that's 300 yards long and 160 yards wide. As horses emerge from their stalls with
the help of the Chandlers' assistant, it becomes clear these are no common steeds. Their deep chests heave with each breath,
their nostrils sucking in air like a Hoover, ribs lightly protruding through their lean physiques....
MoreSPORTS: Life lessons revealed on a nine-hole golf course
August 29, 2005
Bill BennerI received the best golf lesson of my life recently, and it didn't cost a dime. My instructor didn't work on my grip, my stance
or my posture at address. He didn't tell me to keep my head down, my left arm straight or to turn my hips toward the target.
We didn't talk about fluffy, plugged or tight lies. We didn't talk about reading putts or reading divots. We didn't work on
driving, long irons, short irons, wedge play...
MoreIU makes pigskin promotional push: New coach, aggressive advertising are part of multi-prong strategy to escape financial
hole
August 29, 2005
Anthony SchoettleThe Indiana University Athletic Department is intent on reaping financial rewards from its football program for the first
time in more than a decade with a marketing campaign built around its affable new coach, Terry Hoeppner. IU officials said
they will spend nearly as much on marketing the school's football program this year as on Hoeppner's $250,000 base salary.
Bolstering football attendance is a critical step toward stopping financial hemorrhaging in the school's Athletic Department,
IU officials said. In 2004,...
MoreAdidas' Reebok purchase gives it extra muscle in China:
August 29, 2005
Andria ChengAdidas' $3.8 billion purchase of Reebok International will help the companies open more stores and compete against Nike Inc.
for leadership in China, the world's fastestgrowing athletic gear market. "We are growing faster in China than Nike and together
with Reebok we are bigger," Adidas CEO Herbert Hainer said. "We can offer our full organization in China to help Reebok build
stores." Germany-based Adidas and Massachusetts-based Reebok announced their merger in early August. The companies haven't
disclosed what the pairing...
MoreMore business owners embracing economy: High fuel costs, personal debt dampen some optimism
August 22, 2005
Scott OlsonBusiness owners are beginning to show signs of completely emerging from a recessional slumber, although some holdouts remain
unconvinced an economic recovery is in full swing. The confidence exuded by the state's massive manufacturing sector could
be sending the most optimistic signal. From 2000 to 2003, manufacturers in Indiana were stung especially hard by the soft
economy, shedding 75,000 jobs. While many of those positions may never return, employment levels have at least stabilized.
That seems to have provided enough...
MoreIMS mulls hotel: Convention-level facility connected to track would diversify Speedway's revenue stream
August 22, 2005
Anthony SchoettleSources close to the Indianapolis Motor Speedway say management is working on plans for a convention-level hotel on a 16-acre
lot just south of the track's 16th Street entrance. Under consideration is a multilevel hotel connected to the track via a
skywalk and a new set of track-side suites and condos near turn two where the Brickyard Crossing Inn sits. The inn would be
torn down to make room for the suites and condos, which will better complement the new...
More
Sponsored by
ADVERTISEMENT
on Facebook & Twitter
on Facebook & Twitter
 Follow IBJ's Tweets on these topics: |
||
| @IBJNews | @Propertylines | @IBJTheScore |
| @IBJArts | @IBJHealthcare | @IBJDining |
| @IBJLists | @IBJSmallbiz | |
ADVERTISEMENT
Back to TopCopyright © All Rights Reserved. Privacy Policy | Terms of Use.
Design, CMS, Hosting & Web Development :: ePublishing.
Additional Hosting & Delivery by
First, the Athenaeum is going to have to get past the hurdle with the Lockerbie residents and the agreement that the parcel would be residential. Second, and in my opinion, this prime piece of property should include parking, PLUS, a black box theater(s), some market rate and affordable artist housing and a plan to renovate and reconfigure the second story theater. I would negotiate to add the DeHaan property surface parking lot into the development mix, place a one story surface parking garage on the DeHaan lot on the street level (for the Dehaan tenants use during the daytime) and add a second story to the garage that would become an addition to the current second story theater and then change the direction of the theater by moving the stage across the alley and on top of the DeHaan lot parking. You can add all the stage elements that are currently missing from the Athenaeum stage to make it more attractive for use by Ballet, Opera and traveling productions. Plus, the theater changes would probably help solve some of the soundproofing issues. Alas,it does not seem to be a part of the strategic plan to conduct a study to determine best use of the property. Seems like the current plan is a quick and easy move that ignores the property best use/potential and any strategic property planning for the effect on future generations.
I recall that MSA's pilings are still in the ground and hard to remove. It’s not likely any proposal will include significant underground construction/parking because of this. Start adding 2 floors of retail, 8 floors of parking and 5-10 floors of possible hotel, and/or 10-20 floors of residential, and you are at 30 floors already with possible expansion of all the uses. But then again I could be wrong.
Accoriding to their website there is no deadline to the Do Not Call list. What is this article referring to??
On what planet are they entitled to this largesse from the stockholders? These people make multi-million dollar salaries: Pay for your own personal travel.
It matters because they're already paid enormously fat salaries: Pay for your own personal travel. Being "taxed on it" isn't a valid excuse--so what? They're still being gifted a raft of luxury perks from somebody else's money on top of an enormous, lavish salary.