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Indianapolis Business Journal - August 28 - September 3, 2017

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In This Issue

Front Page

Faces of Indy tech: Breaking down IT workers in Indiana

About 35,000 people work in tech in the Indianapolis area, according to CBRE. The commercial real estate firm recently released a study with details about the tech workforce here, including its gender breakdown, average salaries and more.

Lilly insulin prices come under microscope

Over the past 20 years, while the price of a gallon of milk climbed 23 percent and the sticker on a Dodge Caravan minivan rose 21 percent, the list price of the insulin Humalog shot up 1,157 percent.

University Loft calls out rivals as cheaters, lowers legal boom

Competitors in the business of making low-cost furniture for dorm rooms and military bases keep accusing one another of fraud.


Top Stories

Northern Hamilton County hopes to cash in on tourism with new train excursions

Trains might be permanently stalled on the Nickel Plate Railroad in southern Hamilton County, but officials in the northern communities are embracing the idea of getting passenger trains moving.

Lawrence cleans up financial turmoil, seeks boost in utility’s junk bond rating

Lawrence officials say they are recovering from financial mismanagement and budget challenges of the past several years—and gearing up to invest in the future.

Can we teach computers to learn like kids do?

Amid widespread efforts to help computers teach themselves, a group of Indiana University researchers is looking for guidance from some of the best learners on the planet: infants and toddlers.

Owner of historic downtown building pitching 24-unit condo project

The project would stand six stories and blend new construction with old by incorporating the facade and another portion of the original building at 119 S. Meridian St.

Fishers City Council approves agreement for sports complex

The more than 500,000-square-foot facility is expected to accommodate training or play for 31 sports on six turf fields, 12 hard-surface courts and in a baseball training center.

Preservationists cry foul over state plan to log 300 acres of state forest

Preservationists say they are concerned about the potential impact on recreation and endangered species. Forestry officials say selection techniques will be used to improve, not harm, the forest.

Pacers lift curtain on $50M downtown training center


Focus

Abundant building keeps home prices low

A new study shows that Indianapolis area home values have increased just 12.8 percent increase over a 15-year period. That's less than in metro areas on the coasts and even some in the Midwest.

HOME TOUR: Tiny house rental attracts guests seeking serenity

Visitors enjoy all the comforts of home, but on a very small scale. Indeed, the place looks like someone crammed an impeccably decorated, shabby-chic cottage into a phone booth.

2016 All-Star Real Estate Agents

See which solo real estate agents and which teams rack up the most home sales in central Indiana.

Residential Real Estate: Marketplace for August 28, 2017

Inventory remains tight at just about 8,600 active listings in July, continuing a slight uptick through the summer.

Area home sales slip amid tight inventory, rising prices

The total number of active home listings in the 13-county area dropped 15.6 percent in July. New listings were down 3 percent.

Indy-area builders seeing more demand for new houses

Home builders continued to see strong interest in new homes in central Indiana last month, according to the latest numbers from the Builders Association of Greater Indianapolis.


A&E, etc.

LOU'S VIEWS: Art exhibit accentuates architecture

"Exhibit Columbus" doesn't just park art on the streets. Instead, it features art that connects to the surroundings.

LOU'S VIEWS: Low-key ‘Columbus’ hits big screen

Indiana-set film may try your patience, but it has rewards. And the city looks great.

DINING: Columbus dining goes beyond Zaharakos, national chains

Columbus Pump House and Henry Social Club bring atmospheric dining to town.

LOPRESTI: Try this dirty dozen of college gridiron match-ups

From South Bend to Bloomington and points between, these are the games you won't want to miss.


Opinion

EDITORIAL: Planets align for near-east side as TWG, others invest in key corridor

What East Washington Street needs more than bricks and mortar is jobs.

DALTON: A challenge—aging with disabilities

It is expected that, by 2025, approximately 25 percent of individuals receiving developmental disability services will be over age 60.

GUY: Why teacher evaluations don’t work

Using student test scores to measure teachers, and, by extension, their schools, is impossible, irrelevant, misleading, unfriendly and manifestly unfair.

WESTERHAUS-RENFROW: Dear millennials, we need you

Millennials, rest assured. There is a silver lining in the national shortage of skilled labor. Quite simply, it’s you.

BOHANON & STYRING: Solar-panel tariff faces opposition from two sides

The subsidy says we want cheaper solar costs to encourage more solar projects. Tariffs on cheaper imported cells and panels say we want higher-cost solar projects.

KIM: Is new Greek bond deal deja vu all over again?

With bailout support and shackles both expiring next August, I’m afraid we’ve seen this movie before.

LETTER: Senator right on health care

We are hopeful that now the Senate can work together in a bipartisan way to improve our nation’s health care system and ensure that all Americans have quality and affordable health care.

LETTER: Lobbyist wrong on ethanol

Thanks to ethanol, Indiana farmers and the biofuels industry are saving consumers at the pump, providing higher octane at a lower cost, all while lowering tail pipe emissions.


In Brief

Tech marketer Viral Launch plans to add 250 workers by 2021

The company, which helps clients grow sales on Amazon, said it is investing $2.22 million and doubling its office space.

Indiana governor to lead trade mission to Japan

Tthe trip is intended to strengthen relationships and encourage continued investment and trade with the state's largest foreign investor.

State unemployment rate edges up after almost hitting record low

The U.S. Labor Department said unemployment rates were relatively stable in most states in July.

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