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Housing

June 29, 2010
On a seasonally adjusted basis, the pace of mortgage loan activity decreased 5.9 percent for the week ended June 18, according to the Mortgage Bankers Association. The rate for 30-year mortgages decrased to 4.75 from 4.82 percent the previous week. The rate for 15-year mortgages decreased to 4.19 percent from 4.23 percent.
                
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Eric Clapton/Roger Daltrey

June 29, 2010

July 2
Verizon Wireless Music Center

Two music legends team up on this tour. And, yes, Clapton has been playing “I Shot the Sheriff,” “Wonderful Tonight,” “Cocaine” and “Layla.” And Daltry has been performing hits by The Who. Details here.
 

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Indianapolis Symphony Orchestra's "Star-spangled Symphony"

June 29, 2010

July 2-4
Conner Prairie Amphitheatre

There’s enough firepower in those Conner Prairie cannons for a three-day celebration of Independence Day. Alfred Savia leads the Indianapolis Symphony Orchestra for performances of music from “The Patriot” and “Gettysburg” and, of course, the “1812 Overture.” Assistance will be provided by Indiana Supreme Court Chief Justice Randall T. Shepard on the Gettysburg Address, re-enactors from the Indiana Society of the Sons of the American Revolution, a Civil War honor guard, and the 163rd Field Artillery Unit of the Indiana National Guard. And baritone Daniel Narducci. And fireworks. Details here.
 

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Actors Theatre of Indiana's "A Grand Night for Singing"

June 29, 2010

July 7-Aug. 1
Carmel Community Playhouse

Speedway native Bradley Reynolds, recently nominated for a Tony Award as a producer of the Broadway revival of “Ragtime,” returns to town as a performer. He’s part of the company celebrating the music of Rodgers and Hammerstein in the revue “A Grand Night for Singing,” being staged by Actors Theatre of Indiana. Details here.
 

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Also this week

June 29, 2010

The Indianapolis Museum of Art screens the Barbara Stanwyck classic “Stella Dallas,” July 2. Details here.

Conner Prairie goes patriotic with its annual in-the-period celebrations, “Glorious Fourth,” July 2-4. Activities include sack racing, Declaration signing, card making for soldiers, barn dancing and more. Details here.

I’ll be hosting an out-of-this-world spelling bee at InConjunction, the annual science fiction and fantasy convention, July 2-4 at the Indianapolis Marriott East. Details here.

BB King celebrates the Fourth of July at Southern Indiana’s Horseshoe Casino. Details here.

Concerts on the Canal presents Tad Robinson and Indianapolis Municipal Band July 4 outside the Indiana History Center. Details here.

The President Benjamin Harrison Home hosts its annual July 4th Ice Cream Social. The program includes a re-enactment of Harrison’s 1888 nomination acceptance speech. Details here.

Vans Warped Tour brings We The Kings, All-American Rejects and more to Verizon Wireless Music Center, July 6. Details here.

Santana and Steve Winwood pair up for a concert at Verizon Wireless Music Center July 7. Details here.
 

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People

June 23, 2010

Clarian Health promoted Todd Stanley to the role of administrative director of Clarian Radiology. In this new position, Stanley is responsible for oversight of radiology services for Clarian’s three downtown Indianapolis hospitals and its beltway locations.

Dr. Debra Larkins, an OB/GYN doctor, recently joined the physicians at County Line Medical Pavilion, a new Community Physicians of Indiana office. Larkins trained at the New York College of Osteopathic Medicine. Sherry L. Harmon, a certified nurse midwife, and Debra Taylor, a nurse practitioner, also have joined the new practice.

The Indiana Health Care Association has a new president. Scott Tittle, an attorney at the Indianapolis-based Krieg DeVault law firm, took over from Steve Smith earlier this month. Smith returned to Affiliated Computer Services, where he had worked previously.

Dr. Gaston Dana has been named medical director of the Wound Healing Center at Johnson Memorial Hospital.

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Company news

June 23, 2010

In a name change that sounds like a merger of perfidy and profanity, Quadraspec Inc. is now called Perfinity. Actually, the West Lafayette-based company merged itself into a sister company, Perfinity Biosciences Inc. That company was created to commercialize a new method of biological sample preparation, developed by Fred Regnier, one of the founders of Quadraspec. The shareholders of Quadraspec will remain the owners of Perfinity, and they have committed an extra $2.33 million to the company. Quadraspec, which has raised more than $20 million in outside investment capital, makes DVD-like discs capable of holding 272 samples that can be analyzed by a reading machine, like a DVD player.

Who knew? The Clarian North Medical Center in Carmel—famous locally for its terrazzo marble interior—is the 20th most-beautiful hospital in the nation. At least according to health care staffing firm Soliant Health. The Georgia-based firm built its rankings on votes cast on its Web site. In a press release, Soliant noted that beautiful surroundings help people heal better. Not mentioned was that pretty hospitals in rich suburbs also tend to attract patients with the money and private insurance plans to make a hospital profitable.

St. Vincent Health finally won the go-ahead from the Lawrence County Commissioners and County Council to absorb Bedford’s Dunn Memorial Hospital. St. Vincent now operates 19 hospitals around the state and has a joint venture with Clarian Health on a rehab hospital in Indianapolis. The Bedford hospital will now be known as St. Vincent Dunn Hospital. Bedford is one of the places outside of Indianapolis where Clarian and St. Vincent, the state’s two largest hospitals systems, are competing head-to-head. Clarian owns the cross-town Bedford Regional Medical Center.

AIT Laboratories plans to create as many as 160 jobs by 2014 and move its corporate headquarters to the northwest side. The Indianapolis-based forensics, clinical and pharmaceutical testing firm plans to invest $74 million to acquire and equip an existing 90,000-square-foot building in Woodland Corporate Park near West 79th Street and Interstate 465. AIT also plans to build a toxicology lab adjacent to its new headquarters. Its clients range from law-enforcement agencies to physicians.

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Indian Market and Festival

June 23, 2010

June 26-27
Eiteljorg Museum

If you need a break from trying to decide what to purchase from among the more than 100 visual artists showing their work, there’s plenty of live entertainment at the Eiteljorg Museum’s signature event. Actor Michael Horse (Deputy Tommy “Hawk” Hill from TV’s “Twin Peaks”) emcees the performance portion of the festival, which includes storyteller Richard Van Camp, Living Traditions Dance Troupe, guitarist/flutist Aaron White, and hoop dancer Derrick Suwaima Davis. Details here.
 

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"Pee-Wee's Big Adventure"

June 23, 2010

June 25
Indianapolis Museum of Art

OK, I’ll say it. No Tim Burton film has been as wholly satisfying as “Pee-Wee’s Big Adventure,” the 1985 comedy that launched his feature film career. It easily could have been just a cinematic cash-in on Paul Reubens’ then-popular (and, now, about to make a Broadway comeback) goofball character. Instead, Burton and company created a unique world where a missing bicycle is an epic tragedy; “I know you are but what am I?” passes for philosophical discourse, and dancing to “Tequila” will get one out of a bar fight. If you need a lift to the IMA this Friday night, maybe Large Marge can give you a ride. Details here.
 

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Marvin Hamlisch

June 23, 2010

June 25-26
Conner Prairie

Earlier in the season, Marvin Hamlisch had to bow out of a Hilbert Circle Theatre concert for a very good reason: He was expected to be in attendance at the Golden Globe Awards, where he was nominated for Best Original Film Score for “The Informant.”
The payback is very appropriate, with Hamlisch leading a summer concert celebrating the music of the movies.  
His own movie resume runs deep, with Hamlisch-penned music heard in films ranging from “Ice Castles” to “The Spy Who Loved Me” and from “Three Men and a Baby” to, of course, “The Way We Were.” Details here.
 

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Also this week:

June 23, 2010

Short plays selected by the Bloomington Playwrights Project are featured at the dining event “Vintage Scenes,” June 24 at Oliver Winery. Details here.

Peace Train and the Flower Power Brass bring back music from the late 1960s and 1970s June 24 as part of the Concerts on the Canal Series at the Indiana History Center. Details here.

Foreigner and Styx play Verizon Wireless Music Center, June 25. Details here.

The Indianapolis Early Music Festival kicks off with a concert by Artek performing the madrigals of Claudio Monteverdi, June 25 at the Indiana History Center. Details here.

Dr. Noize brings his Preschool of Rock concert to The Children’s Museum of Indianapolis, June 26. Details here.

Brady Rymer and the Little Band that Could performs as part of the Indy Parks Family Fun Concert Series, June 26. Details here.

The Eiteljorg Museum presents its annual Indian Market and Festival, June 26-27. Details here.

‘Front Porches: Reflecting and Connecting’ is the theme of this year’s Historic Meridian Park 2010 Tour of Homes, June 26-27. Details here.

Lynyrd Skynyrd returns to Verizon Wireless Music Center, June 27. Details here.

311 performs at The Lawn at White River State Park, June 28. Details here.

Michael Buble takes over Conseco Fieldhouse June 29. Details here.
 
The first part of “White: Part 1 & Part 2,” featuring the work of artist J.T. Kirkland, opens July 1 at Christopher West Presents. Details here.
 

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Leasing/leasing contracts

June 22, 2010
-UMOJA Christian Congregation leased 22,341 square feet at Lafayette Place, 3651 Commercial Drive. The landlord, Sandor Development, was represented by Sandor’s Jamison Downs. The tenant was represented by Dorether Wallace of Dorether Wallace Realty.

-King’s Beauty leased 8,820 square feet at Esquire Plaza, 8205 Pendleton Pike. The landlord, Sandor Development, was represented by Sandor’s Jamison Downs. The tenant was represented by Christian Rhee of Carpenter Realty.  

-Buffalo Wild Wings extended its 6,400-square foot lease at 2683 E. Main St., Suite 117, Plainfield, for an additional 10 years. The landlord, Plainfield Commons II LLC, was represented by Providence Development. The tenant represented itself.

-Anytime Fitness leased 4,922 square feet at Avalon Crossing, 71st Street and Binford Boulevard. The tenant was represented by Matt Crawford of Scott Veerkamp Real Estate. The landlord, Landmark Properties Inc., represented itself.

-Meridian North DentalCare LLC leased 3,502 square feet at 61 E. 96th St.  The tenant was represented by John Crisp of Cassidy Turley. The landlord, Landmark Properties Inc., represented itself.

-Chile Verde leased 3,520 square feet at Esquire Plaza, 8205 Pendleton Pike. The tenant was represented by Ray Lepe of Carpenter Realtors. The landlord, Sandor Development, was represented by Jamison Downs and John Holloway of Sandor.

-Big Apple Bagels leased 2,100 square feet at Green Street Square, 1551 N Green St., Brownsburg. The tenant was represented by Jodi Milto of NAI Olympia Partners. The landlord, Cranfill Enterprises LLC, was represented by Michael Cranfill of Sitehawk Retail Real Estate.

-Allergy Associates of Indiana leased 2,100 square feet at Regency Centre, 8202 Clearvista Parkway. The landlord, Regency Centre Investments LLC, was represented by Joe Lonnemann and Matt Jackson of Halakar Real Estate. The tenant represented itself.

-Donatos Pizza leased 2,000 square feet at 2205 Conner St., Noblesville. The tenant and landlord, SEG Realty LLC, were represented by Jeff Hubley of Midland Atlantic.

-Ciao Bella Salon leased 1,547 square feet at 141st Street and State Road 37, Fishers. The landlord, The Broadbent Co., was represented by Drew Kelly of Broadbent. The tenant represented itself.

-Cell Phone Joint leased 1,600 square feet at Lafayette Shoppes, West 38th Street and Georgetown Road. The landlord, The Broadbent Co., was represented by Drew Kelly of Broadbent. The tenant represented itself.

-Bombay Bites leased 1,600 square feet at Castleton Village, 6621-6697 E. 82nd St. The landlord, The Broadbent Co., was represented by Drew Kelly of Broadbent. The tenant represented itself.
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People

June 22, 2010
Keith Grubbs has joined RE/MAX Real Estate Groups, Anderson, as an agent.
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Construction

June 22, 2010
-Shamrock Builders is remodeling the 1,732-square-foot office of Dr. Kostyantyn Baydyuk, The Family Dental Practice, at 3185 N. High School Road. The project is scheduled to be completed by the end of September.
 
-Shamrock Builders is renovating a 3,602-square-foot space for Kittle Family Dentistry, Dr. Jennifer Kittle,  at 210 E. 91st Street. The project is scheduled to be completed by the end of August.
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Housing

June 22, 2010
On a seasonally adjusted basis, the pace of mortgage loan activity increased 17.7 percent for the week ended June 11, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 4.82 percent from 4.81 percent the previous week. The rate for 15-year mortgages decreased to 4.23 percent from 4.26 percent.
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Company news

June 16, 2010

The Indiana University School of Medicine ranked below average for its output of primary-care physicians, according to a study published Monday in the Annals of Internal Medicine. Roughly one-third, or 34.1 percent, of physicians minted by the IU med school go into primary care, ranking IU No. 79 out of 141 schools on the list. Some of the nation's most prestigious medical schools—including Harvard, Johns Hopkins, New York University and the Mayo Clinic—ranked among the bottom 15 for turning out primary-care docs. To see the full ranking, click here.

Eli Lilly and Co.’s experimental drug Bydureon helped diabetics lower their blood sugar and their weight—but not any more than the cheap, old diabetes pill metformin. That’s the upshot of clinical trial data released Tuesday by Indianapolis-based Lilly and its development partners on Bydureon. The once-a-week version of Byetta helped patients reduce their blood sugar, measured by hemoglobin A1c, by 1.5 percentage points. So did metformin. Patients on Bydureon lost an average of 4.5 pounds a piece. Patients on metformin lost 4.4 pounds on average. Bydureon did reduce blood sugar more than Januvia, a medicine made by New Jersey-based Merck & Co. Inc., and roughly the same as Actos, a drug made by Japan-based Takeda Pharmaceutical Co. Ltd. However, patients lost less weight on Januvia, and actually gained weight on Actos. Lilly is waiting for the U.S. Food and Drug Administration to approve Bydureon for market.

WellPoint Inc. got some recognition for practicing what it preaches. The National Business Group, a not-for-profit organization of large employers, named WellPoint one of 66 Best Employers for Healthy Lifestyles because the company encourages its workers and families to adopt long-term, healthy habits. Meanwhile, Indianapolis-based WellPoint is developing online care options to give patients a quicker way to converse with a physician—using online video and chat or using a phone. In a partnership with Boston-based American Well, WellPoint will launch its online care option in the fall with a network of primary-care and specialist physicians committed to conducting virtual visits with patients. The online care option will begin in a few markets and then expand throughout WellPoint’s territories across the country.

Purdue University's Healthcare Technical Assistance Program is hiring 50 professionals to help 2,200 Indiana primary-care doctors adopt electronic records that meet federal standards. Purdue's center, armed with $12 million in federal stimulus funds, will aid small Indiana practices of 10 or fewer health care providers, community health centers, federally qualified health centers and rural health clinics.

Eight programs at Riley Hospital for Children ranked among the top 30 children's hospitals in the nation in U.S. News' annual America's Best Children's Hospitals list. The rankings will be released in the August issue of U.S. News & World Report. Riley ranked third in urology, 14th in pulmonology, 15th in diabetes, 20th in neonatal care, 22nd in digestive disorders, 29th in cardiology and neurology and 30th in cancer. No other hospitals in Indiana were named in the rankings. U.S. News based the rankings on each hospital's reputation, outcomes, and such measures as nursing care, advanced technology, and credentialing.

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People

June 16, 2010

Dow AgroSciences promoted Chris Garvey to general manager of its Mycogen Seeds subsidiary. In previous roles at Indianapolis-based Dow AgroSciences, Garvey led the seed-improvement project and several seed company acquisitions and integrations. Garvey succeeds Doug Vail, who has been named leader of Dow AgroSciences’ next enterprise work process information system. Vail has held various positions with Dow AgroSciences since 1989.

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100 Acres opening

June 16, 2010

June 20
Indianapolis Museum of Art

Basketball, bones and boats are just some of the inspirations for the inaugural work featured at the Indianapolis Museum of Art’s new art and nature park.
The area behind the Indianapolis Museum of Art has been transformed, and the general public will have an opportunity Sunday to take a look for the first time. (If you can’t wait until Sunday, join the ticketed crowd for Saturday night’s opening benefit.)

While the visual arts are the focus, performers will also be on hand to enhance the experience. Look for Motus Dance Theatre, throat singer Arrington de Dionyso and Jamx drummers as you tour the grounds. Details here.
 

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Symphony on the Prairie opening

June 16, 2010

June 19
Conner Prairie

Want to feel like an underachiever? Then keep in mind that Austin Huntington, the guest cellist helping to lead off the opening of the Indianapolis Symphony Orchestra’s Symphony on the Prairie season, is only 15 years old.

The program includes Tchaikovsky’s “Variations on a Rococo Theme” and Mussorgsky’s “Pictures at an Exhibition.” Krysztof Urbanski conducts. Details here.
 

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"Broadway Backwards"

June 16, 2010

June 17
Forty-five Degrees

The cast of “Jersey Boys” (see my review in the upcoming IBJ) strays from the Four Seasons’ songbook for this after-party event benefiting Step Up Inc. and Broadway Cares/Equity Fights AIDS. The gimmick? Broadway Backwards features reverse-gender performances of songs. Similar shows in other cities included Whoopi Goldberg singing “Gee, Officer Krupkee” and Alan Cumming singing “Rainbow High” from “Evita.” You get the idea. Also on the bill: a silent action—and half-price martinis. Details here.
 

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Also this week

June 16, 2010

Dave Matthews Band returns to Verizon Wireless Music Center June 18-20. Details here.
 
Jeff Beck performs June 21 at Old National Centre’s Egyptian Room. Details here.
 
The Moody Blues launch the season June 23 for the Lawn at White River State Park. Details here.

Garfield Shakespeare Company presents “As You Like It,” June 18-20 at Garfield Park Arts Center. Details here.
 
Tim McGraw is joined by Lady Antebellum for a concert at Verizon Wireless Music Center, June 17. Details here.
 
Red Bastard brings his brand of confrontational theater to the IndyFringe Building, June 18-19. Details here.
 

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Leasing/leasing contracts

June 15, 2010
-Third-party logistics provider OHL leased 507,544 square feet at 281 Airtech Parkway, Plainfield. The tenant was represented by Andrew Morris, Jeremy Woods, Matt McGrady and Jon Shuel of Summit Realty Group and Randy Wolcott of Brentwood, Tenn.-based ProVenture. The landlord, ProLogis, represented itself.

-NETech Corp. leased 14,846 square feet at Carmel Tech Center, Building III, Carmel. The tenant was represented by Zane Brown of CB Richard Ellis. The landlord, Atapco Carmel Inc., was represented by John Vandenbark and Dan Richardson of CB Richard Ellis.

-American Surety Co. leased 10,737 square feet in Parkwood One, 250 E. 96th St. The tenant was represented by Nick Svarczkopf of CB Richard Ellis. The landlord, Duke Realty, represented itself.

-Cassidy Turley leased 4,480 square feet at Market Tower, 10 W. Market St. The landlord, MT Acquisitions LLC, was represented by David A. Moore and Andrew D. Martin of Cassidy Turley. The tenant represented itself.

-Shebella’s Pizza & Deli leased 3,280 square feet at Indy Pavilions, 7035 E. 96th St. The landlord, Sandor Development, was represented by Jamison Downs and John Holloway of Sandor. The tenant represented itself.

-Fishers Urgent Care leased 2,800 square feet of retail space at Fishers Corner Shopping Center, 11680 Commercial Drive, Fishers. The landlord, Sena Realty FC  LLC, and tenant were represented by Adam Crockett of Innovative Real Estate Inc.

-Brain Balance leased 2,020 square feet of retail space in Park Meridian, 9510 N. Meridian St. The tenant was represented by Del DeMao of Cassidy Turley and Andrew Clifford of Clifford Realty. The landlord, Landmark Properties Inc., was represented by Russell VanTil of Cassidy Turley.

-Urthtones Salon & Spa leased 1,848 sqare feet of retail space at Fishers Corner Shopping Center, 11680 Commercial Drive, Fishers.  The landlord, Sena Realty FC  LLC, and tenant were represented by Adam Crockett of Innovative Real Estate Inc.

-Tuchman Cleaners renewed its 1,908-square-foot lease at Northbrook Shopping Center, 1475 West 86th St. The landlord, 86th & Ditch Road Realty Co. LP, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.

-Subway leased 1,720 square feet at Precedent Retail Center, 3855 E. 96th St. The tenant and landlord, The Retail Center at Precedent Park LP, were represented by Mark Perlstein of Sitehawk Retail Real Estate.

-Edward Jones leased 1,477 square feet at 8440 Woodfield Crossing. The tenant was represented by Darrin L. Boyd of Cassidy Turley. The landlord, Woodfield II & III LLC, was represented by Darrin L. Boyd and David A. Moore of Cassidy Turley.

-Kiss Kiss Bang Bang  leased 1,300 square feet at Fishers Town Center, 116th Street and Fishers Point Boulevard, Fishers. The landlord, The Broadbent Co., was represented by Brian Broadbent. The tenant represented itself.
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People

June 15, 2010
Dawn Lyon, formerly of Veritas Realty, has started Site Link Commercial Realty Inc.
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Construction

June 15, 2010
-Kort Builders started construction of a 2,400-square-foot restaurant space for Dunkin Donuts at 5620 N.  Michigan Road.

-Kort Builders started an exterior remodeling for Mr. Wise Buys Flooring at 4640 Lafayette Road.
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Housing

June 15, 2010
On a seasonally adjusted basis, the pace of mortgage loan activity decreased 12.2 percent for the week ended June 4, according to the Mortgage Bankers Association. The rate for 30-year mortgages decreased to 4.81 percent from 4.83 percent the previous week. The rate for 15-year mortgages increased to 4.26 percent from 4.24 percent.
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