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. A Tilted Kilt at a water park themed hotel? Who planned that one? I guess the Dad's need something to do while the kids are on the water slides.

  2. Don't come down on the fair for offering drinks. This is a craft and certainly one that belongs in agriculture due to ingredients. And for those worrying about how much you can drink. I'm sure it's more to do with liability than anything else. They don't want people suing for being over served. If you want a buzz, do a little pre-drinking before you go.

  3. I don't drink but go into this "controlled area" so my friend can drink. They have their 3 drink limit and then I give my friend my 3 drink limit. How is the fair going to control this very likely situation????

  4. I feel the conditions of the alcohol sales are a bit heavy handed, but you need to realize this is the first year in quite some time that beer & wine will be sold at the fair. They're starting off slowly to get a gauge on how it will perform this year - I would assume if everything goes fine that they relax some of the limits in the next year or couple of years. That said, I think requiring the consumption of alcohol to only occur in the beer tent is a bit much. That is going to be an awkward situation for those with minors - "Honey, I'm getting a beer... Ok, sure go ahead... Alright see you in just a min- half an hour."

  5. This might be an effort on the part of the State Fair Board to manage the risk until they get a better feel for it. However, the blanket notion that alcohol should not be served at "family oriented" events is perhaps an oversimplification. and not too realistic. For 15 years, I was a volunteer at the Indianapolis Air Show, which was as family oriented an event as it gets. We sold beer donated by Monarch Beverage Company and served by licensed and trained employees of United Package Liquors who were unpaid volunteers. And where did that money go? To central Indiana children's charities, including Riley Hospital for Children! It's all about managing the risk.

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