News & Analysis

Volleyball tourney expected to bring 20,000 to city

April 8, 2011
The 2011 Lids Team Sports Mid-East Qualifier, which will run Friday through Sunday, will feature top female high school players on 65 courts inside the Indiana Convention Center.
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Indiana March revenues come in more than expected

April 8, 2011
Associated Press
The state took in $977.2 million in March, up $69 million, or 8 percent, from the same month a year ago.
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Judge sends election dispute back to recount panel

April 7, 2011
Associated Press
A judge ruled Thursday that Democrats may have a valid argument in challenging whether Republican Secretary of State Charlie White should be kicked out of office, but said the issue should be decided by a state election recount commission.
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Indiana House speaker questions immigration crackdown

April 7, 2011
Associated Press
Indiana's Republican House speaker said Thursday he had concerns about aspects of a proposal calling for an Arizona-style crackdown on illegal immigration moving through the Legislature.
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Obama cancels visit to Indiana factory

April 7, 2011
Associated Press
President Barack Obama was scheduled to pay a Friday visit to Allison Transmission, a supplier plant that makes transmission systems for hybrid vehicles.
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LEADING QUESTIONS: Webber gives tech firms their wings

April 7, 2011
Mason King
LQ Webber Watch videoHow does angel investor Scott Webber choose which companies to buy into? What common mistakes does he see early-stage entrepreneurs make? What's the best advice his father gave him? The local tech guru reveals all.
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J.C. Penney closing warehouse, cutting 230 jobs

April 7, 2011
Associated Press
J.C. Penny Co. says it plans to close a warehouse in Plainfield by September 2012.
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Indicted businessman to remain in halfway house

April 7, 2011
Associated Press
A federal judge has denied a request by Tim Durham, who is accused in a $200 million fraud scheme, to be released from an Indianapolis halfway house
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Lawmakers still at odds over alcohol ID age requirement

April 7, 2011
Associated Press
Indiana legislators are disagreeing about how old someone should look before they have to provide identification when buying alcohol.
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U.S. attorney sues GOP donor over unpaid trading penalty

April 7, 2011
 IBJ Staff and Associated Press
The federal government is suing a former Indianapolis businessman and major Republican donor to collect a $600,000 federal penalty for commodities trading violations.
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Judge moves Durham fraud trial to next year

April 7, 2011
Scott Olson
Federal Judge Jane Magnus-Stinson on Thursday morning vacated the original trial date of May 16 and instead set jury selection for June 8, 2012. Meanwhile, lawyers for Tim Durham argued for his release from a halfway house he was sent to on Wednesday.
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UPDATE: City chooses manager for Velodrome, park

April 7, 2011
 IBJ Staff
Marian University will assume management of the Major Taylor Velodrome and the surrounding Lake Sullivan Sports Complex under a partnership announced Thursday morning by Indianapolis Mayor Greg Ballard.
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City considering abatement terminations, continuances

April 7, 2011
Scott Olson
Five companies are set to have their tax breaks terminated or continued as the city attempts to update the state of the benefits that date to the previous administration.
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Tax breaks approved for bioanalytical lab operator

April 7, 2011
The Metropolitan Development Commission on Wednesday preliminarily approved Advion BioServices Inc.'s request for a tax abatement to build a laboratory at Purdue Research Park in Indianapolis.
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Indiana Live parent files for bankruptcy protection

April 7, 2011
Indianapolis Downs LLC, which filed for Chapter 11 reorganization, attributed much of its heavy debt load to a $250 million slots-license fee paid to the state.
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Challenger alleges misconduct in Westfield mayoral race

April 6, 2011
J.K. Wall
Russell Cameron, who is challenging Westfield Mayor Andy Cook in a May 3 Republican primary, accused Cook’s deputy mayor of improperly using his position and city resources to campaign for Cook’s reelection.
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Judge hears arguments in White election challenge

April 6, 2011
Associated Press
Attorneys for Democrats and Republican Indiana Secretary of State Charlie White accused each other's clients of political manipulation during a Wednesday hearing.
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Compromise elusive on Indiana sentencing changes

April 6, 2011
Associated Press
An Indiana legislator trying to find a compromise on a plan that Gov. Mitch Daniels originally pushed to help stem the state's prison costs seems to still have work ahead.
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Indiana Senate panel votes down proposed smoking ban

April 6, 2011
Associated Press
The Senate Public Policy Committee voted 8-1 Wednesday against the bill that had exemptions for casinos, bars, fraternal clubs, smoke shops and nursing homes.
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Durham ordered to be held at halfway house for 7 days

April 6, 2011
Scott Olson
A federal magistrate on Wednesday ordered indicted financier Tim Durham held at a halfway house for seven days until he can provide a better accounting of his finances. The magistrate said "money means flight."
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Tax caps lead to painful budget cuts in some counties

April 6, 2011
Associated Press
Indiana homeowners and businesses have seen their tax bills cut by more than $655 million since the General Assembly approved property tax caps in 2008. But the savings have been tough for some local governments.
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Marian to delay med school opening until fall 2013

April 6, 2011
J.K. Wall
The Indianapolis university originally hoped to open state's second medical school in fall 2012, but that time line proved too aggressive.
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Residential developer declares bankruptcy

April 6, 2011
Scott Olson
John Swinehart, a former executive of Bruce Gunstra Builders Inc. who was involved in the Monon on Main project in Carmel, is seeking Chapter 7 bankruptcy protection. He lists liabilities of $8.3 million.
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Women's Final Four crowds smallest since 1990s

April 6, 2011
 IBJ Staff
Tuesday night's NCAA women's basketball championship game at Conseco Fieldhouse in downtown Indianapolis was a near-sellout, but it was the smallest crowd to see the title game since 1997.
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Judge to hear argument in White election challenge

April 6, 2011
Associated Press
A Marion County judge is set on Wednesday to weigh whether Republican Indiana Secretary of State Charlie White is legally qualified to serve in the office to which he was elected in November.
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  1. What became of this project? Anyone know?

  2. Scott, could you post an enlarged photo of the exterior of the building? This will be a great addition to Walnut Street. This area will only continue to develop with additions like this. Also, please give us more updates on the "Cultural Trail light" expansion. Also a great move for the city, as long as there is maintenance money set aside.

  3. Great story IBJ! Citizens don't have a real sense of the financial magnitude of supporting Indy's sports and tourism sector. The CIB was a brilliant idea for creating a highly integrated public-private partnership to support this sector from the economic activity it generates. Unfortunately, most folks think the benefits of that economic activity accrue directly to the City budget, and it doesn't. So though the CIB is facing lean times (covering its costs while maintaining minimally acceptable reserves), the City is operating with deficit - less tax revenue than expenses each year - with a very fragile reserve balance. That's why it's so challenging for the City to fund basic needs or new intitatives (e.g. pre-k education; new jail), and some credit rating agencies have downgraded Indy from it's past stellar AAA status. More reporting on City finances would be welcomed.

  4. Sure, I'll admit that it bugs me to see that the IBJ.COM censors it's blog posts almost as much as the D of I does when someone points out the falsehoods and fabrications. _____But I think it bothers me almost as much that Captain/Defender/Disciple get his yanked too. You see, those of us with a sense of integrity, humanity, compassion, and a need for fact based opinion WANT to see all of his screeds posted. It makes our point so much better than we can do it ourselves.

  5. We're conflating two very different topics. Voter fraud is a myth and excessive gun violence is all too real. I just hope rational gunowners decide to stop being shouted down by the, well, let's call them "less rational" ones.

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