IBJ Staff
Articles
Monumental Affair entries due Sept. 28
Architectural awards program will culminate with Nov. 25 banquet at Indiana Roof.
Excess TIF revenue would help close city budget gap
Mayor proposes shifting $10 million out of downtown district to help make up for $65 million general-fund shortfall.
Pacers plan upgrades to Bankers Life Fieldhouse
Improvements to the home arena of the Indiana Pacers will include a new scoreboard and a renovation of the arena's television studios, said a source with knowledge of the planned changes.
Lacy Foundation names new president
Jill S. Lacy succeeds Margo Lacy Eccles, who served in that role for more than 30 years before her death June 25. She is married to Peter Lacy, Andre Lacy’s youngest son and nephew of Margot Eccles.
Emmis agrees to sell two magazines for $9M
The publications, Country Sampler and Smart Retailer, together generated $1 million in operating income during the 12-month period ended May 31, according to a public filing. The transaction is expected to close by Sept. 30.
IMA chooses new CEO from Kentucky art museum
Charles L. Venable, 52, the director and CEO of the Speed Art Museum in Louisville since 2007, was chosen to replace Maxwell Anderson, who left the IMA in January to become director of the Dallas Museum of Art.
Area home-sale agreements jumped in July
Purchase agreements in the nine-county Indianapolis area tracked by F.C. Tucker Co totaled 2,219 in July, a 9.7-percent increase over the same month last year. Overall year-to-date sale prices for the nine-county area increased by 2.5 percent, to $154,975.
Museum of Contemporary Art names executive director
The Indianapolis Museum of Contemporary Art has removed the "interim" tag from the title of its executive director.
Council approves ‘Complete Streets’ proposal
An ordinance that would require new and rebuilt streets in Indianapolis to be designed and constructed with multiple users in mind has been passed by the City-County Council.
Calumet Specialty set to buy Montana refinery for at least $120M
Indianapolis-based Calumet plans to acquire a refinery in Great Falls, Mont., that produces gasoline, middle distillates and asphalt for markets in Montana, Idaho, and Alberta, Canada.
Hamilton County hotels report stronger occupancy
Helped in part by the Super Bowl, the county’s occupancy rate increased 8.4 percent, to 63 percent, compared with the first six months of 2011, according to a report by Tennessee-based Smith Travel Research.
MainGate inks 3-year merchandise deal with Lucas Oil
MainGate has developed the LucasOilGear.com website to sell apparel and novelties, including T-shirts and outerwear featuring the Lucas Oil Stadium, Lucas Oil and Lucas Oil Racing Series brands.
Steak n Shake customer traffic up in latest quarter
Biglari Holdings Inc., parent of Steak n Shake, said Friday that customer traffic to the restaurant chain grew 2.2 percent during the quarter ended July 4, boosting same-store sales 2.9 percent.
ExactTarget brings in record quarterly revenue
Record second quarter revenue for ExactTarget Inc. wasn’t enough to generate a profit, the company said Thursday afternoon.
NFP of NOTE: MCCOY Inc.
MCCOY Inc. champions the positive difference of youth through leadership on key issues and supports the youth-worker community.
EDITORIAL: Time to break TIF logjam in Indianapolis
Republican Mayor Greg Ballard’s aides says delayed action on funding proposals could jeopardize pending economic development proposals.