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News & Analysis
Area home sales tick up
December 9, 2009
Scott OlsonHome-sale agreements in the nine-county Indianapolis area rose 3.3 percent in November, marking the third consecutive month
they've showed a year-over-year increase.
MoreBloomington panel won't support chain-store ban
December 9, 2009
IBJ Staff and Associated PressA task force appointed by Bloomington's mayor will instead look at other options for protecting the small-town character of
the city's downtown from standardized chain stores and eateries.
MoreCompany's medical device earns expedited review
December 9, 2009
FAST Diagnostics LLC said initial human trials on its method to measure kidney function faster and more accurately than existing
techniques could begin as early as next year, with commercialization following by 2012.
MoreBallard rolls out tougher requirements for lobbyists
December 9, 2009
Peter SchnitzlerLobbyists paid $1,000 or more to sway city or county officials will be required to report all activity online.
MoreEditorial writers lose appeal against Star
December 9, 2009
Jennifer Nelson / The Indiana LawyerTwo former editorial writers at Indiana's largest newspaper failed to prove they were the victims of religious discrimination,
according to a circuit court of appeals.
MoreAuto parts maker to add 130 jobs in Princeton
December 9, 2009
IBJ StaffAutomotive component maker Windsor Machine Group will invest more than $4 million to establish a manufacturing facility in
southwest Indiana, eventually creating as many as 130 jobs, the Indiana Economic Development Corp. announced early Wednesday.
MoreOhio manufacturer expanding in northeast Indiana
December 9, 2009
IBJ StaffAn Ohio manufacturing company plans to spin off its machining and fabrication operations and set up shop in northeast Indiana,
creating 111 jobs by 2014, state economic development leaders said Tuesday evening.
MoreRepublic Airways bringing 300 jobs to city
December 8, 2009
Chris O'Malley, Scott OlsonRepublic Airways Holdings Inc. said Tuesday afternoon it will create as many as 300 jobs in Indianapolis next year by bringing
Frontier Airlines’ Operation Control Center to the city.
MoreBella Vita restaurant planned for Circle Centre
December 8, 2009
Scott OlsonAn Italian restaurant whose owner has ties to embattled local businessman Tim Durham is poised to take the first-floor
space in Circle Centre mall formerly occupied by Bertolini’s.
MoreUPDATE: Simon stock jumps on $2.3B acquisition
December 8, 2009
Cory SchoutenAdding the 22-mall portfolio of Baltimore-based Prime Outlets will give Simon a total of 63 outlet malls with more than 25
million square feet of space.
MoreConseco shares fall on weak profit forecast
December 8, 2009
J.K. WallCarmel-based insurer also wants to amend bank loans to assuage investor concerns ahead of $200 million stock offering.
MoreBoone County shoots down $35M rezoning plan
December 8, 2009
IBJ StaffCarmel-based Midwest Independent Transmission System Operator said it would continue to scout for sites in the Indianapolis
area.
MorePatachou owner's pizzeria granted alcohol permit
December 8, 2009
Scott OlsonCafé Patachou owner Martha Hoover’s plan to open a pizzeria next to her trademark eatery at 49th and Pennsylvania
streets in Indianapolis cleared its final hurdle Monday.
MoreSimon buying Prime Outlets in $2.3B deal
December 8, 2009
Cory SchoutenSimon Property Group Inc. is doubling down on outlet malls with an agreement to buy Baltimore-based Prime Outlets, a
privately held firm that owns 22 of the giant properties.
MoreAriad asks court to restore patent-suit win against Lilly
December 8, 2009
IBJ StaffA federal appeals court will decide whether Eli Lilly and Co. must pay $65.2 million in damages, plus royalties, over a drug-patent
claim.
MoreCalumet selling 3 million shares in secondary offering
December 8, 2009
Calumet Specialty Products Partners LP is selling 3 million shares of common stock to pay debt and to finance requirements
of an agreement with another company.
MoreKosene becoming full-service residential brokerage
December 8, 2009
Tom HartonKosene & Kosene is launching a full-service residential real estate brokerage, in part to counter a tough development
market.
MoreDanica Patrick reaches NASCAR deal, source says
December 7, 2009
Associated PressLast week, Patrick signed a three-year contract extension with Andretti Autosport to stay in the IndyCar series, but its schedule
gives her enough time to also try NASCAR.
MoreMiller Pipeline purchases Illinois-based contractor
December 7, 2009
Indianapolis-based Miller Pipeline Corp. announced Monday morning that it has purchased Illinois-based Elcon Pipeline Inc.,
marking the company’s fifth acquisition in the past four years.
MoreEnerDel parent receives $20M investment
December 7, 2009
The parent of EnerDel, an Indianapolis-based producer of automotive lithium-ion batteries, announced Monday morning that it
has received about $20 million in investment capital from a Japanese company.
MoreDelphi to supply Allison with hybrid components
December 7, 2009
Indianapolis-based Allison Transmission Inc. announced Monday morning that it has entered into a long-term agreement to have
Delphi Automotive Systems Inc. supply it with hybrid drive-system components and energy-storage systems.
MoreAsking price for Hilbert estate drops below $10M
December 7, 2009
Andrea Muirragui DavisAfter more than four years on the market, the Carmel estate built for Conseco Inc. founder Stephen Hilbert is listed at
$9.9 million—less than half of the original asking price and a third of the $30
million it was estimated to be worth in 2001.
MoreSome area manufacturers see blue sky after year dominated by recession
December 5, 2009
Kathleen McLaughlinThe recession decimated Indiana’s auto-parts makers, but many other manufacturers in the state survived. After a year
adrift in the recession, they see signs of land ahead.
MoreHealth reform provision called 'death sentence' for doctor-owned hospitals
December 5, 2009
J.K. WallHouse and Senate versions of health care reform could halt the trend toward physician-owned hospitals.
MoreIndianapolis Indians take big revenue hit, but team still profitable
December 5, 2009
Anthony SchoettleTeam profits declined from $1.23 million in 2008 to $459,603 this year. Despite
that, the team’s board voted unanimously to pay a dividend.
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Yep, the haters are trying to make good news bad. I guess it is hard to get people to believe the series is dying when they are gaining new sponsors.
David Copperfield! I remember watching his specials on TV when I was little.
Don't forget this is next to an MMA gym, a pawn shop, and some abandoned spaces.
Good project for Zionsville - A group who has owned the property for many years has waited and worked patiently to bring highest and best use development to a major corridor, and mix that in with the great downtown you have. Win Win. All the Best to Pittman Partners and Zionsville.
Facts are you post an email to a city official, you've zero indication as to her response, paint her as corrupt, despite not giving ANY context to what she may have respoded, blame Adam Thies for a problem that was created by Olgen Williams' placement of this dude into this role, and act like you're some sort of authority because your mom didn't get a property she wanted? These seem more like wildly out of control, baseless accusations than facts to me, but apparently you know better than anyone else, including the FBI, so we should be heeding your drivel? Whatever color anyone involved is, you can color me unconvinced that you have any idea what you're talking about.