Year in Review

Ballard pulls off long-shot campaign, defeats PetersonRestricted Content

December 31, 2007
Peter Schnitzler
In early 2007, many expected Marion County Republicans to punt on the chance to unseat Democratic Mayor Bart Peterson. After all, the two-term incumbent had high approval ratings and a campaign war chest of $2.5 million. Attractive GOP candidates willing to embrace the challenge were in short supply.
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First Indiana sells bankRestricted Content

December 31, 2007
Cory Schouten
Indiana's largest locally based bank, First Indiana Corp., decided to end 92 years of independence in 2007, agreeing in July to sell itself to Milwaukee-based Marshall & Ilsley Corp. for $529 million in cash, or $32 a share.
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Developers roll out barrage of projectsRestricted Content

December 31, 2007
Cory Schouten
It was a big year for downtown development proposals. Two in particular grabbed headlines: Legends District SoDo and Penn Centre.
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Developers have new plans for cornerRestricted Content

December 31, 2007
Cory Schouten
The retail juggernaut at 86th Street and Keystone Avenue could get even stronger in the next several years. Locally based Premier Properties USA Inc. revealed plans in 2007 for a $750 million redevelopment of a prime corner near The Fashion Mall at Keystone.
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Residential real estate market follows nation into slumpRestricted Content

December 31, 2007
Cory Schouten
For most of this decade, the Indianapolis residential real estate market enjoyed a good run. But in 2007 it muddled through the doldrums just like the rest of the country, and builders pulled out all the stops to avoid getting stuck with inventory.
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Colts win Super Bowl; city loses bid to hostRestricted Content

December 31, 2007
Anthony Schoettle
Despite a mammoth effort by city leaders, which included raising $25 million from the corporate community, Indianapolis lost to Dallas the right to host the 2011 Super Bowl.
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Taurel passes the batonRestricted Content

December 31, 2007
J.K. Wall
A new leader will guide the city's largest company in 2008, with some of the biggest challenges in its history on the horizon. Eli Lilly and Co. announced Dec. 18 that CEO Sidney Taurel will step down March 31 and will be replaced by President John C. Lechleiter, who has been the heir apparent for more than two years.
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Braly gains prestige--fastRestricted Content

December 31, 2007
J.K. Wall
At the beginning of 2007, few people outside WellPoint Inc. had even heard of Angela Braly. Nine months later, Fortune magazine named her the fourth most powerful woman in business.
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  1. I never thought I'd see the day when a Republican Mayor would lead the charge in attempting to raise every tax we have to pay. Now it's income taxes and property taxes that Ballard wants to increase. And to pay for a pre-K program? Many studies have shown that pre-K offer no long-term educational benefits whatsoever. And Ballard is pitching it as a way of fighting crime? Who is he kidding? It's about government provided day care. It's a shame that we elected a Republican who has turned out to be a huge big spending, big taxing, big borrowing liberal Democrat.

  2. Why do we blame the unions? They did not create the 11 different school districts that are the root of the problem.

  3. I was just watching an AOW race from cleveland in 1997...in addition to the 65K for the race, there were more people in boats watching that race from the lake than were IndyCar fans watching the 2014 IndyCar season finale in the Fontana grandstands. Just sayin...That's some resurgence modern IndyCar has going. Almost profitable, nobody in the grandstands and TV ratings dropping 61% at some tracks in the series. Business model..."CRAZY" as said by a NASCAR track general manager. Yup, this thing is purring like a cat! Sponsors...send them your cash, pronto!!! LOL, not a chance.

  4. I'm sure Indiana is paradise for the wealthy and affluent, but what about the rest of us? Over the last 40 years, conservatives and the business elite have run this country (and state)into the ground. The pendulum will swing back as more moderate voters get tired of Reaganomics and regressive social policies. Add to that the wave of minority voters coming up in the next 10 to 15 years and things will get better. unfortunately we have to suffer through 10 more years of gerrymandered districts and dispropionate representation.

  5. Funny thing....rich people telling poor people how bad the other rich people are wanting to cut benefits/school etc and that they should vote for those rich people that just did it. Just saying..............

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