Indianapolis Business Journal - May 25-31, 2018


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In This Issue

Front Page

The low-wage job trap leaves many families flailing

For many Indianapolis residents, the problem isn't finding work. It's landing employment that pays enough to lift them from poverty and provides a financial cushion to absorb daily life's inevitable setbacks.

Developers swoon over Broad Ripple High School opportunity

The 16-acre property could command $6 million to $8 million from developers, but a state law might prevent Indianapolis Public Schools from cashing in.

Top Stories

Whitestown exit along I-65 explodes with retailers, fast food

The commercial openings are part of the $1 billion Anson development, led by Indianapolis-based Duke Realty Corp.

Senate candidate Mike Braun ditches self-funding strategy

Political strategists say it’s not surprising: The candidates and outside groups could spend more than $100 million on the Senate race, which makes self-funding extremely difficult.

Flatland Kitchen helps Indianapolis-area restaurants develop a brand

The firm creates logos, designs menus, hand-paints signs and murals, and offers other visual design services to help local businesses create and convey a unique identity.

Q&A with race team owner George Steinbrenner IV

George Steinbrenner IV, grandson of the former New York Yankees owner, owns a team in the IndyCar feeder series Indy Lights.

Anthem received no public incentives to keep HQ in Indy, officials say

City and state officials said Tuesday they have been working with Anthem for some time but did not offer the company tax breaks in exchange for its decision to spend $20 million to renovate its huge campus on Virginia Avenue, just south of downtown.

Three area business owners, former bank employee charged in $8M fraud schemes

The U.S. attorney's office says five central Indiana residents and one man from Detroit took more than $8 million from a bank and an insurance company, in part to pay for a home, a wedding, cars and more.

South side's 118-year-old Turnverein building getting badly needed renovation

A local couple that operates a downtown insurance firm has embarked on a "multimillion-dollar" project to rehabilitate the Vonnegut-designed structure, which recently has played host to heavy-metal concerts and league basketball.


Westfield, Noblesville may see growth spurt as Hamilton County population soars

Population projections recently released by the Indiana Business Research Center show the county will add more than 218,000 residents in the next 30-some years.

Walmart property in Zionsville getting new life

Estridge proposes subdivision in Westfield

Pulte plans 28 homes on Hamilton, Boone line


EDITORIAL: Small grants, loans can launch a neighborhood renaissance

We commend programs aimed not at subsidizing businesses but helping to give them a small boost to get them going or keep them going.

NATE FELTMAN: Russian corruption in spotlight—again

For a guy who spent much of the 1990s in Moscow, the collusion investigation brings back memories.

SHEILA KENNEDY: INDOT is bureaucratic stone wall we need to scale

Surely, doing it right—learning from mistakes, from the available research and from the experience of cities that have creatively addressed these issues—is worth moving a few stubborn bureaucrats out of their comfort zones.

KRISTIN EILENBERG: Beware, 4 percent of your global revenue is at risk

With 5,000 records breached per minute and malware attacks happening all the time, figuring out how to be GDPR-compliant is just common sense.

CHARLOTTE WESTERHAUS-RENFROW: Hard skills or soft skills: a chicken-or-the-egg situation

Because employees need expertise to successfully tackle a job, the answer is simple, right? There is, however, a definite twist to the answer.

SKARBECK: A rational approach works, but investing whims lurk

Investing is simple, but it's not easy.

BOHANON & CUROTT: How a new Seattle tax can work in Indy’s favor

The City Council of Seattle recently passed a controversial tax, and what happened next could be good news for central Indiana’s quest to snag Amazon’s second national headquarters.

LETTER: Take broader look at interstate fix

We need a thorough, independent study of how to transform this crumbling, 50-year-old urban highway system into an economic driver for the entire region.

LETTER: Opioid epidemic hurts manufacturers

One in four job applicants are failing drug tests, which means a large population of people are unable to work.

In Brief

Fishers reveals plans for 45,000-square-foot downtown office building

A developer has been chosen for the $10 million building that will be constructed on the east side of the northern ellipse of Municipal Drive, the city of Fishers announced Monday.

Yellow Pages to close Indianapolis office, terminate 61 workers

The office will close next month because Yellow Pages is outsourcing the work to an firm in India, employees say in a federal aid application.

Indianapolis-based health research group wins $33M federal grant

The Indiana Clinical and Translational Sciences Institute said Tuesday morning it was chosen to receive the grant from the National Institutes for Health to fund its work in improving the health and economy of Indiana.

Startup with local operations targets 2022 debut for hybrid-electric plane

Boeing Co.-backed startup Zunum Aero plans to deliver its first hybrid-electric plane in 2022 to JetSuite Inc., setting the stage for a new era in regional flying.

State’s tourism department puts out call for firm to boost marketing efforts

The department says its ambition is for the state to become "a leading regional destination" and to increase traveler spending.


Jim Merritt: Region needs cooperation, not higher taxes

Public officials value regional collaboration—but there’s no support for a new tax on commuters.

Mike Karickhoff: Balancing where we live and where we work

While these cities definitely benefit from hosting all this regional economic activity, they must handle heavy rush-hour traffic and wear-and-tear on their streets, as well as provide public-safety services to accommodate the increased workday population.

Una Osili: Immigrants contribute to public good

With the rising visibility of new immigrants, the public debate surrounding immigration policy has grown more divisive and controversial.

Karen Celestino-Horseman: Immigration is not about politics, it’s about people

The current administration needs to address it with the precision of an experienced seamstress, reinforcing weaknesses and reworking the threads to make the fabric of all lives beneficially joined.

Baron Hill: Fake news or real news: What to believe?

Democracy is sustained by a free and open press. For the president to disparage this institution is to attack the very core of who we are.

Deborah Hearn Smith: Boy Scouts’ decision to add girls is all business

It is my belief after more than five decades at all levels, from Brownie to CEO, that a girl’s best interest is served in a single-gender, research-based, outcome-driven organization that values the total girl.

Jennifer Ping: Why I’ve become a Girl Scout again

As a society, we have not placed a high enough value on what Girl Scouts provides for girls the way we have for Boy Scouts for boys.

Bill Oesterle: Senate campaign piece was anti-Semitic, gay-baiting

I have never seen anything like it in Indiana.

Dana Black: Gaining hope from seven women

Democrats have five women and Republicans have two women running for congress.

Ed DeLaney: Two slips offer insight into GOP motivation

Public concern about favoritism is increased when there has been no public testimony, no amendments allowed for the minority, no witnesses, and no public lobbying.

Gerry Lanosga: Debates must be about candidates, issues and voters

Some ongoing criticism of the debate commission, including here in Forefront, reflected a fundamental lack of understanding about how we work and why we exist.

Adrianne Slash: Let’s subject candidates to a job interview

Nothing is more motivating to cast your vote than having a candidate you believe in, or one you’re terrified of, on the ballot. But how do you know if a candidate is one or the other?

Anne Hathaway: GOP women’s program preparing for next election cycle

The Lugar Series, where I am executive director, was launched in 1990 by Judy Singleton and Teresa Lubbers with the full support of Lugar and the hope of guiding more Republican women to elected office and public service.

Leah McGrath: Invest in new economy to boost middle class

We have the potential to grow businesses right here and to grow our talent pool through education and workforce efforts.

John McDonald: What is privacy in an internet-connected world?

Our responsibility is not only to author innovation, but to earn and maintain the trust of our users through secure, honest data collection.


MIKE LOPRESTI: Stevens on brink of joining exclusive group of Hoosiers

Celtics coach poised to put his name next to others from Indiana who've reached NBA Finals.

EXPLORE: Swimming macaques join fellow primates at Indianapolis Zoo

A gang has taken over the former polar bear spot at the Indianapolis Zoo—and the members are nothing like the former resident.

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