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Year in Review
Top 2012 news and newsmakers
December 29, 2012
Reflect on the biggest business news of 2012 with IBJ's complete year-in-review coverage, including a photo gallery,
video highlights and A&E recap.
MoreLOU'S VIEWS: 2012 A&E favorites
December 28, 2012
Lou HarryWith so much to choose from, it's impossible to say what was best. Instead, here are some of my favorites of the year.
MoreIndiana adopts right to work
December 28, 2012
IBJ StaffIndiana in February became the first state in a decade to pass such a law, and it was all the more significant because of
the state’s heavy concentration of manufacturing jobs and sizable union presence.
MoreWellPoint investors force Braly ouster
December 28, 2012
IBJ StaffBraly’s five-year tenure leading the Indianapolis-based health insurer was hurt by the recession but also by repeated
missteps.
MoreIn election shocker, voters bounce schools chief Bennett
December 28, 2012
IBJ StaffAfter becoming a celebrity in national education reform for spearheading sweeping changes in Indiana’s schools, Tony
Bennett was bounced out of office by strong opposition from teachers, parents and their friends.
MoreCity projects move ahead, following clash over TIF
December 28, 2012
IBJ StaffMayor Greg Ballard charged forward on government-supported downtown development efforts after successfully shepherding an
expansion of a TIF district over Democratic opposition.
MoreDigital marketer ExactTarget splashed onto NYSE
December 28, 2012
After an aborted attempt to go public in 2007, marketing software giant ExactTarget rang the bell on the New York Stock Exchange
last March in an IPO that raised $162 million.
MoreDaniels wins presidency ... at Purdue
December 28, 2012
IBJ StaffAbout a year after deciding not to campaign for president of the United States, Gov. Mitch Daniels agreed to become the next
president of Purdue University.
MoreIndy airport sends CEO Clark packing
December 28, 2012
IBJ StaffMayor Greg Ballard apparently was unhappy with the pace of economic development at the airport under Clark. The CEO's extensive
overseas travels also generated controversy.
MoreBernard bounced as IndyCar Series CEO
December 28, 2012
IBJ StaffThe ouster of Randy Bernard as IndyCar CEO led to new leadership for Hulman & Co., parent of the series and the Indianapolis
Motor Speedway.
MoreISO reaches new contract, launches fundraising spree
December 28, 2012
IBJ StaffNegotiations over musicians’ contracts hit a crescendo in September with a month-long lockout that ended when performers
agreed to a shorter schedule to save money at the cash-strapped Indianapolis Symphony Orchestra.
MoreDevelopers unleash blitz of apartment projects
December 28, 2012
IBJ StaffConstruction began or was to begin soon on dozens of projects with thousands of units, most quite upscale and aimed at one
of two growing segments of the population who increasingly see no stigma in renting: aging boomers and young families.
MoreJudge lays into Durham, sentences him to 50 years
December 28, 2012
IBJ StaffTim Durham, the Indianapolis businessman who used to dream of becoming the world’s richest man, ended 2012 broke and
facing a 50-year prison sentence for orchestrating a $250 million Ponzi scheme.
MoreCity successfully stages Super Bowl, shoots for another
December 28, 2012
IBJ StaffMore than 1.1 million people poured into downtown Indianapolis for Super Bowl festivities in the 10 days leading up to the
big game, held Feb. 5 at Lucas Oil Stadium.
MoreHoosier voters tap Pence to continue Daniels' legacy
December 28, 2012
IBJ StaffPence, who served in the U.S. House of Representatives since 2001, left his strident rhetoric on abortion and other social
causes in Washington, D.C., as he toured Indiana in a red pickup truck and talked about his policy “Roadmap.”
MoreOther news: From Allison's IPO to Lugar's defeat
December 28, 2012
IBJ StaffPolitics and real estate helped round out 2012's news of note.
More2012 NEWSMAKER: School librarian Ritz won with grass-roots campaign
December 28, 2012
IBJ StaffDemocrat Glenda Ritz pulled off a David-versus-Goliath victory to unseat Republican Tony Bennett as Indiana’s superintendent
of public instruction.
More2012 NEWSMAKER: Crime stance returns Hogsett to political spotlight
December 28, 2012
IBJ StaffU.S. Attorney Joseph Hogsett’s openly tough-on-crime approach has some political insiders speculating whether he’s
seeking a higher office.
More2012 NEWSMAKER: Council Dem Mahern plays role of antagonist
December 28, 2012
IBJ StaffCity-County Council Vice President Brian Mahern emerged as the chief foe of Indianapolis Mayor Greg Ballard’s redevelopment
agenda.
More2012 NEWSMAKER: CEO keeps Simon stock surging
December 28, 2012
IBJ StaffIf there were an MVP for local CEOs, David Simon would again find himself at or near the top of the list in 2012.
More2012 NEWSMAKER: Miles adds to diverse business, sports career
December 28, 2012
IBJ StaffVeteran executive Mark Miles now has one of the most difficult jobs in sports—putting open-wheel racing on sound financial
footing.
MoreState's economy still stuck in neutral
December 24, 2011
The year started with a sense that slowly—not fast enough for anyone’s liking—but steadily, Indiana’s
economy was coming back. But then a spike in gas prices and the never-ending sovereign debt crisis in Europe created a summer
of setbacks.
MoreIndictment: Durham looted Fair Finance
December 24, 2011
Indianapolis financier Tim Durham was indicted on wire and securities fraud charges in March—the culmination of a federal
probe that began in 2009.
MorePolitical neophyte Ballard cruises to second term
December 24, 2011
A contentious battle for Indianapolis mayor culminated in a second term for Republican Mayor Greg Ballard, who won the race
with 51 percent of the vote. His Democratic challenger, Melina Kennedy, garnered 47 percent.
MoreCity backs string of high-profile real estate projects
December 24, 2011
The administration of Mayor Greg Ballard found its stride in the final year of its first four-year term, at least when it
comes to major publicly supported real estate projects.
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So the Mayor adds another non value added layer to having a vehicle towed? Whereby the City Government RECIEVES AN ILLEGAL KICKBACK FROM A LGOISTICS COMPANY THAT SUBS THE WORK TO LOCAL TOW COMPANIES? What is the service the City performs for receiving the "tribute"? This is RICO!!!!! What a corrupt and unnecessary layer. What a dirtbag Mayor and his cronies.
Owner occupied housing. Clear enough?
So people think I am paranoid. It's from experience in dealing with puds requested by developers who make major donations themselves to representatives, have nice fund raisers for those running for office and hide through pac's. then there are the public relation firms. You will note some pr comments below. You there Clyde Lee? My opinion. Commercial along 421, great. Multifamily housing, terrible idea that will change the town. Senior condos or zero lot line homes west, great. I suggest keeping all entries to commercial areas at 421. All entries to owner occupied on sycamore. Will keep the traffic on sycamore down some. Two other things. You can't trust what will be there in 10 years. Steve builds quality stuff, but areas change over time. Look at the changes at the wall mart center at 86th and 421 over the last 10 years. Look at the apartments and neighborhoods behind St Vincent's. Raintree properties WILL decrease in value if commercial and multifamily goes in near. It has already been happening around the bridges area. The houses that have been sold recently are way below market. Several deals not closed due to the Illinois construction and the whole unsurety of the bridges. It's pretty simple, Zionsville will approve the whole thing because the city council has been groomed over a LONG period of time for this. I might even suggest some are in their position as a result of this.
Esta, do you have a dog in this fight? You seem to really want to knock anyone against this project. No, I didn't move to Indiana for the architecture. I moved here for that red barn in the field. The horses and fields of corn. A place that is NOT overdeveloped. There are plenty of nearby places in Indianapolis that could be REDEVELOPED instead.
RKW - OK, we get it, you're paranoid. The question is, are you paranoid enough? Greg - Yes, Pittman(s) is (are) at it again. They are developers, they build things. It's what they do. So when you go to work tomorrow, Greg, you're at it again too. Cliff - Really? You moved to Indiana for its progressive architecture? That's like moving to England for the cuisine. Zionsvillain - The house you moved to was once a field or woods. I'm willing to bet folks were upset when that ground was plowed under and a house was built. But I guess now that you are in, everything should stop? "My house was OK, but the next one is sprawl." SE Guy - Please don't paint us with such a wide brush. Most reasonable Zionsville residents welcome planned, measured development.