Cornerstone, partners reap $120M selling medical properties
Cornerstone plans to use sale proceeds to help finance projects in the works in Indianapolis, Noblesville, Bloomington and West Lafayette, in addition to one in Mississippi.
IBJ Staff
Articles
Land bank legislation could get lost in shuffle of deep agenda
Legislative leaders recently assigned House Bill 1317 to the standing commission, which is also due to tackle such subjects as township assistance, agricultural land valuation and a motorsports commission.
NFP of NOTE: Big Brothers Big Sisters of Central Indiana
Big Brothers Big Sisters of Central Indiana provides children facing adversity with strong and enduring professionally supported 1-to-1 relationships that change their lives for the better.
DialAmerica plans local call center with 170 workers
DialAmerica said Wednesday that it has opened the facility near Interstate 465 and Michigan Road on the city’s northwest side, giving the company 24 call centers in 14 different states.
500 Festival hires Atlanta marketing exec as CEO
Bob Bryant, a veteran sports marketing executive from the Atlanta area, has been named president and CEO of the 500 Festival, the Indianapolis-based organization announced Wednesday morning.
City fires indicted DMD employees, hires special attorney
The city terminated two employees indicted this week on fraud charges stemming from a bribery scheme involving the Indianapolis Land Bank. It also hired a veteran attorney to review city policies and handle communications about the scheme.
Broad Ripple project takes heat at Village meeting
Jeering and catcalls greeted officials from Browning Investments, which has proposed the $18 million residential and retail development along the Central Canal.
Pike Township audit focuses on misused gas card
A former secretary in the Pike Township trustee’s office could face criminal charges after an internal investigation and state audit found that she used a township credit card to fill up her own gas tank.
Indianapolis Indians seeking new ad agency
Indianapolis-based Hirons & Co. has held the contract for 10 years. But earlier this year, the Indians decided it was time to see if Hirons or another agency had new ideas.
EDITORIAL: Open the Market Square Arena process
Mayor Greg Ballard should reverse his decision to keep the redevelopment proposals for the former Market Square Arena site under wraps.
Ivey stepping down as leader of Pulliam trust
Harriet Ivey, president and CEO of the Nina Mason Pulliam Charitable Trust since its founding more than 15 years ago, plans to retire early next year, the trust announced Thursday.
PROXY CORNER: Ameriana Bancorp
New Castle-based Ameriana Bancorp operates a dozen banking offices in north-central and central Indiana.
Celadon acquires Canadian trucking company
Hyndman Transport Limited, based in Wroxeter, Ontario, operates about 175 tractors and brought in roughly $48 million in revenue in 2012.
Polaris plans $4.7 million laboratory expansion
Polaris Laboratories LLC, an Indianapolis-based company that analyzes oil, fuel and coolants, said it plans a $4.7 million local expansion that will add up to 25 employees by 2016.
Fox59 lands news director from Grand Rapids
Kerri Cavanaugh will replace Lee Rosenthal, who oversaw a major expansion of Fox59’s news programming.
HHGregg’s stock swoons after quarterly report disappoints
The Indianapolis-based retailer saw a big drop in earnings in its latest quarter on decreased sales, lower profit margins and higher advertising expenses, it said Monday.