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Indianapolis Business Journal - September 25 - October 1, 2017

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In This Issue

Front Page

Keystone poised to buy AT&T tower that vexed current owner

Local developer Keystone Group is nearing a deal to buy the 20-story building just north of Monument Circle and is considering a range of possibilities for the half-million-square-foot property.

Firms find gold helping vendors sell on Amazon

Amazon has become such a colossal retail force that scores of companies have formed specifically to support Amazon vendors. And some of those firms are based in Indiana.

New housing options for homeless foster stability

A 38-unit downtown apartment building for the chronically homeless that opened in January 2016 is Indianapolis’ first project to employ a so-called “housing first” model.


Top Stories

Grand plan on ropes to redevelop Simon estate

The residential redevelopment of the sprawling Simon estate on Ditch Road known as Asherwood that local homebuilder Paul Estridge Jr. announced late last year might not happen after all.

Hoosier firms helping NASA chase lofty goal to send astronauts to Mars

In its quest to send people to Mars, NASA’s road to the Red Planet passes straight through central Indiana.

Ex-American Senior Communities CFO who avoided indictment blasted in new lawsuit

Roger Werner played a "central role" in helping fellow executives fleece the nursing home company, according to a new federal lawsuit.

New investor in IBJ Corp. says he’ll start by listening

Nathan Feltman now owns one-third of the media company, along with longtime co-owners Michael Maurer and Bob Schloss.

General manager ousted at WRTV amid low news ratings

A Scripps official flew in Monday to inform the WRTV staff of Larry Blackerby's firing and his interim replacement.

Fountain Square, Fletcher Place businesses weigh special tax to fund safety, upkeep

Property owners are voting on establishing a precisely targeted district that would help them pay for improvements to the up-and-coming neighborhoods.


A&E, etc.

LOU'S VIEWS: ‘La Cage aux Folles’ continues to fly

Actors Theatre of Indiana revives the Jerry Herman musical with its heart intact.

DINING: 86th Street spot joins growing ranks of Thai eateries

Manee Thai Cuisine creates a comfortable environment with above-par food.

LOPRESTI: State teams show strength at Big Ten’s early-season party

Indiana and Purdue join their conference brethren in posting impressive results ... so far.


Opinion

EDITORIAL: Cook dealmaking puts community first

Many firms based across the country take corporate citizenship seriously. But it’s human nature for executives of those firms to put the best jobs—and to show the greatest corporate engagement—in their headquarters towns.

BRENNER: Our connectedness could help lure HQ2

Indy is a place you can join in. You don’t have to be a native to quickly engage and make an impact.

KENLEY: Feds should follow Indiana’s fiscal example

The ideals of freedom, democracy, opportunity, free enterprise and the chance for all to get ahead economically are threatened by the federal government’s current high-tax, large-deficit fiscal program.

CULP: Diversity leads to better business decisions

It is intimidating as hell to find your place when you lack almost any similarities with the majority of people in the room.

KIM: Betting against Buffett is a costly proposition

Don’t buy when he’s selling or sell when he’s buying.

BOHANON & STYRING: Yes, there is such a thing as a free market

In a free market, government plays a vital role in enforcing laws against violence, fraud and theft, and in resolving contract disputes.

LETTER: Zoning editorial off base

There is no indication that Indiana’s drainage statutes are inadequate.

LETTER: Keep tiny house parked

Tiny houses should stay in your back yard, at the lake or in the woods where they can be enjoyed, not being hauled around wasting more resources than were saved creating them.


In Brief

First Internet Bancorp raises $44.8 million in secondary stock offering

The Fishers-based financial company announced late Tuesday that it had sold 1.65 million shares of common stock at $29 per share.

Murat group again exploring deal to sell Old National Centre property

The latest offer calls for the developer to build the Murat Temple Association a 40,000-square-foot headquarters as part of a larger hotel project on the downtown site of the Murat Shrine Temple.

Anthem buys Florida insurer in first acquisition since Cigna deal failed

The deal for HealthSun gives Anthem another 40,000 members and helps build its base in south Florida.

Purdue wins federal approval for online university for NewU

Purdue University says it has won U.S. Education Department approval to move forward with its plan to acquire for-profit Kaplan University and operate it online as Purdue NewU.


Meeting & Event Planning Guide

Meeting planners are increasingly mixing glitz, glam and tech

Long gone are the days when on-stage presentations at conventions or corporate meetings consisted of a speaker with a handheld mic and a curtain as a backdrop.

Wedding planner: Ideas culled from social media make events more interesting

Zionsville resident Sarah Agee, who launched Plum & Poppy Weddings and Events about five years ago, talks about the trends shaping her business.

A dozen downtown restaurants claim steaks as their specialty

Whether you prefer Prime beef, Black Angus or Wagyu, or want your steak served sizzling in butter (see Ruth's Chris) or carved at your table (see Fogo de Chao), there's something here for everyone.


Records

Records

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