Transportation, Distribution & Logistics

City's cultural districts take artful approach: Five areas use $250,000 in grants on original public art projectsRestricted Content

February 13, 2006
Matthew Kish
Two wall-size murals now welcome people to Massachusetts Avenue. An abstract sculpture that looks like an Alexander Calder tribute sits on a bridge in the Canal District. A towering blue and green obelisk marks the north end of Broad Ripple on College Avenue. The works aren't part of an elaborate conspiracy by a renegade public artist. They're the result of two years of careful planning by the city's Cultural Development Commission. In 2003, the commission designated five areas of the...
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STATEHOUSE DISPATCH: Major Moves displays short-session political masteryRestricted Content

February 6, 2006
Ed Feigenbaum
A combination of arm-twisting, dealmaking and the sheer brute force of the Office of the Governor came together the last week of January in a way Hoosiers seldom see. All the pressure was enough to keep Republican House members in line at just the right time in the legislative process to keep the governor's Major Moves transportation plan moving. There was a lot of deep exhaling at week's end, some from those in the Governor's Office doing the heavy lifting...
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IPOs take minor dip in 2005: Analysts stay optimistic; 3 Indiana companies set to go public in early '06Restricted Content

January 30, 2006
Scott Olson
Three Indiana companies took the plunge to go public last year, two less than the number that did so in 2004. The state's slight dip in initial public offerings mirrors the slump in activity nationally. But Indiana appears to be off to a fast start for 2006. Three other Hoosier companies filed to go public late last year, but had yet to complete their IPOs by year's end. Overall, the number of companies that went public on the major U.S....
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Landing ad revenue: Airport charged up over sponsorship of electrical outletsRestricted Content

January 30, 2006
Chris O\'malley
Advertisements for mutual funds, watches and kolaches. Now as you wait at the gate for your flight, you'll even see ads on electrical outlets. The Indianapolis Airport Authority on Jan. 20 was expected to approve a $65,000 marketing partnership with Chase in what is the latest and certainly the most electrifying of all advertising schemes at Indianapolis International Airport. These are desperate times for marketers. Too many ads are getting lost in the shuffle. And barraged consumers have figured out...
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EYE ON THE PIE: Let's revisit the State of the StateRestricted Content

January 30, 2006
Morton Marcus
Quite appropriately, Gov. Mitch Daniels did not make any claims about "a revitalized Indiana economy" in his recent State of the State speech. He stuck to the theme that we are on track to turning the economy around rather than proclaiming any victory. This restraint was well-warranted. Indiana ranked 45th among the 50 states in its rate of employment growth for the past year (November-to-November figures). The nation added jobs at a 1.5-percent rate. Our 0.3-percent increase beat out only...
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EYE ON THE PIE: Let's revisit the State of the StateRestricted Content

January 23, 2006
Morton Marcus
Quite appropriately, Gov. Mitch Daniels did not make any claims about "a revitalized Indiana economy" in his recent State of the State speech. He stuck to the theme that we are on track to turning the economy around rather than proclaiming any victory. This restraint was well-warranted. Indiana ranked 45th among the 50 states in its rate of employment growth for the past year (November-to-November figures). The nation added jobs at a 1.5-percent rate. Our 0.3-percent increase beat out only...
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IPOs take minor dip in 2005: Analysts stay optimistic; 3 Indiana companies set to go public in early '06Restricted Content

January 23, 2006
Scott Olson
Three Indiana companies took the plunge to go public last year, two less than the number that did so in 2004. The state's slight dip in initial public offerings mirrors the slump in activity nationally. But Indiana appears to be off to a fast start for 2006. Three other Hoosier companies filed to go public late last year, but had yet to complete their IPOs by year's end. Overall, the number of companies that went public on the major U.S....
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Landing ad revenue: Airport charged up over sponsorship of electrical outletsRestricted Content

January 23, 2006
Chris O\'malley
Advertisements for mutual funds, watches and kolaches. Now as you wait at the gate for your flight, you'll even see ads on electrical outlets. The Indianapolis Airport Authority on Jan. 20 was expected to approve a $65,000 marketing partnership with Chase in what is the latest and certainly the most electrifying of all advertising schemes at Indianapolis International Airport. These are desperate times for marketers. Too many ads are getting lost in the shuffle. And barraged consumers have figured out...
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Celadon says inland port would be economic boon to state: Putting customs clearing here would speed crossingsRestricted Content

January 16, 2006
Chris O\'malley
Celadon Trucking plans by the end of April to install global positioning satellite devices on 1,350 of its trailers, an application of technology that could pave the way for an inland cargo port in central Indiana. Tom Glaser, president of one of the largest trucking lines hauling goods between the United States, Mexico and Canada, plans to urge state economic development officials to build a multimodal port in Indiana that would include Mexican and Canadian customs-clearing facilities. Officials would inspect,...
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ECONOMIC ANALYSIS: The new economic reality: It's all about the work forceRestricted Content

January 16, 2006
Patrick Barkey
Since these words usually find their way out onto the Internet, I thought I'd work in the following phrase to get the hit counters for the new year off to a good start: Evolution vs. intelligent design. Ah, that should do it. I can hear the sounds of computer mouse clicks already. And, believe it or not, there's an economic angle to that debate. Not literally, of course. Economics is pretty important, but I will concede that the creation of...
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STATEHOUSE DISPATCH: Daniels may not wield as much influence this sessionRestricted Content

January 16, 2006
Ed Feigenbaum
We've only made it through the first few days of activity, but already we can get a feel for what this session of the Indiana General Assembly will focus on. Republican Gov. Mitch Daniels made it clear in his Jan. 11 State of the State Address that he believes lawmakers should devote the bulk of their attention to a legislative agenda revolving around highway construction, education, and local government reform and flexibility. House Republicans last week unveiled a broad series...
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EYE ON THE PIE: Making money by neutering historyRestricted Content

January 9, 2006
Morton Marcus
I drove north last week from the Caesar's gambling facility in Harrison County. Instead of taking the usual roads, I twisted up the cliffside overlooking the Ohio River via Doolittle Road. Then I went through New Middleton to Corydon before I joined the state highway system. It was a delightful drive that I never would have known about from anything on the state's tourism Web site. Yes, I can hear the usual lament: "Wait, we're working on improving our materials....
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STATEHOUSE DISPATCH: Passing 'Major Moves' initiative will mean major workRestricted Content

January 9, 2006
Ed Feigenbaum
While most Hoosiers are focused on just how legislators are going to be able to cut residential property taxes again this year, the real battle to watch will be the one over what Republican Gov. Mitch Daniels refers to as the jobs program of a generation or more-his "Major Moves" roads initiative. What he wants boils down to this: finding a funding source for road building and repair that will not rely upon taxes. He made it clear shortly after...
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Indianapolis and neighbors need one vision, one voice:Restricted Content

January 2, 2006
Roland Dorson
Cincinnati USA. Charlotte USA. Indianapolis - Marion County - Indiana. Who is throwing the right welcome mat out to the world? In the first two examples, those regions have said to the entire planet: "We are open for business. Come talented people-bring your companies and organizations to our area; bring your families to our schools; live, work and play in our thriving community." Our region," they say, "located at this juncture of latitude and longitude in the USA, wants you...
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AGENDA INDIANAPOLIS 2006: City made progress in some areas, but top priorities require more workRestricted Content

January 2, 2006
Scott Olson
The wheels are beginning to turn on a multi-county transit plan, now that the Central Indiana Regional Transportation Authority is mostly in place. The authority, charged with coordinating and, ultimately, administering a regional transit system, was formed at the end of 2004, about the time IBJ asked readers to rank the most pressing issues facing the city. The results of the survey, published last January, revealed public transportation and congestion issues as the largest concern, followed by the need for...
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STATEHOUSE DISPATCH: Short legislative session may be eventful, for a changeRestricted Content

January 2, 2006
Ed Feigenbaum
We've all become lulled into assuming that the so-called "short" session of the Indiana General Assembly in the even-numbered years is the political equivalent of the practice of medicine: First, do no harm. In election years, lawmakers are reluctant to do much beyond that which they must do to protect public health, safety and treasury. The short session originated as a vehicle for handling emergencies arising between the odd-numbered-year budget sessions, and many legislators-particularly those seeking re-election-didn't see much cause...
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In the new year, building on the successes of 2005:Restricted Content

January 2, 2006
Bart Peterson
This past year was one of the most active and successful in our city's history. We pushed through legislation to fund an expansion of the Indiana Convention Center and build a new multi-purpose stadium, both of which will be tremendous boons to our region's economy, pumping in more than $2.25 billion in investment and creating more than 4,200 permanent jobs over the next 10 years. In addition, through the leadership of the governor and legislature, a one-of-a-kind regional funding solution...
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VIEWPOINT: Indiana: The Cyber Crossroads of America?Restricted Content

December 26, 2005
Cameron Carter
Can a state whose identity as the "Crossroads of America" in the 20th century maintain that distinction in the 21st century? Can Indiana, with numerous railroads and highways passing through it, find a competitive advantage in a world that increasingly bypasses rails and roads in favor of the virtual marketplace? Absolutely-if it is willing once again to serve as a central hub for the thoroughfares so important to the virtual marketplace and purposefully sets out to build them. Not so...
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Ringing up big returns: After near collapse in '02, Brightpoint wows Wall St.Restricted Content

December 19, 2005
Peter Schnitzler
Three and a half years ago, Plainfield-based cell phone distributor Brightpoint Inc. was on the ropes. Shares were worth less than a dollar. The company had lost $53 million in 2001, and was on pace to lose another $42 million in 2002. Bankruptcy appeared imminent. But Brightpoint prevailed over the long odds against it. Today, company shares trade for about $30 each. Adjusted for stock splits, they've soared 125 percent in 2005, and nearly 8,000 percent since bottoming out in...
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Company makes payment related to price-fixing case:Restricted Content

December 12, 2005
Irving Materials Inc. in November deposited $2 million into an escrow account to provide funding toward any eventual settlement it may make with the state of Indiana over price-fixing of ready-mixed concrete on state, local government and school projects. In June, Greenfield-based IMI pleaded guilty in U.S. District Court to fixing prices on ready-mixed concrete in central Indiana between July 2000 and May 2004. IMI also has agreed that the four principals who pleaded guilty, Fred R. "Pete" Irving, Price...
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CHRIS KATTERJOHN Commentary: Setting an example for SacramentoRestricted Content

November 28, 2005
"To improve Sacramento, learn from Indianapolis" was the headline of a column in the Nov. 18 Sacramento Business Journal. It's always nice to get a compliment and some good PR. Turns out a delegation of nearly a hundred Sacramentonians-or is it Sacramentites?-were here in October on a three-day study mission to learn how to become a great city. It was the seventh year in a row for them to make a learning visit to another community. Tom Stallard, head of...
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ECONOMIC ANALYSIS: States shed differences, except those in MidwestRestricted Content

November 28, 2005
Patrick Barkey
What can we say about the business climate in Indiana that other states aren't already saying about themselves? We think we have a great quality of life, good access to transportation, and a hardworking labor force. So do they. We have a variety of tax incentives, training grants and infrastructure improvements that we tout aggressively to those who would build or expand here. So do they. In fact, one of the most remarkable trends over the last few decades has...
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Cumberland hoping to close its gap: Town seeks to unify its sides with new zoning guidelines for historic U.S. 40 corridorRestricted Content

November 21, 2005
Chris O\'malley
Marion County's sea of urban sprawl laps up to the town's western border; subdivisions and cornfields snooze peacefully to the east, in Hancock County. "It's basically like a tale of two towns in one town," said Cumberland's planning and development administrator, Cory Wilson. But Wilson and other community leaders are on the cusp of launching a plan to unify the town of 6,000 under a common, historic development theme for U.S. 40. The new guidelines will apply to a corridor...
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'Backward' thinking seen as key to future: Students hope experiential history puts them on promising career pathRestricted Content

November 21, 2005
Chris O\'malley
As counterintuitive as it sounds, "experiential history" is one of seven key careers, besides usual suspects like logistics and bioinformatics, that are the focus of the University of Indianapolis' Institute for Emerging Careers. No, drug testing of college faculty isn't among the emerging careers. The institute was formed last year with a $750,000 Lilly Endowment grant. It aims to stem the so-called "brain drain" of Indiana's college graduates to other states in search of work-in part by pointing them in...
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MASTER OF THE PLAN: Ultra-prepared president has Purdue primed for 'pre-eminence'Restricted Content

November 14, 2005
Peter Schnitzler
It's half-past eight on a Monday morning and Martin Jischke is at his desk, poring over notes. This is how Purdue University's president spends his days and most of his nights-preparing to be prepared. At any time, Jischke could be interacting with students, alumni, faculty, legislators or business leaders. He wants to be ready for their questions with clear, articulate answers, no matter the subject. His responses seem off-thecuff, but make no mistake: Jischke has studied and considered his position...
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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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