APRIL 16-22, 2012
This week, read more about Joseph Bilby's big promises to charities in Indianapolis and elsewhere. Also, see how WISH-TV turns the Mini Marathon into a made-for-TV drama, and find out how Indiana Artisan is expanding its reach. In Focus, we share planners' ambitious vision for downtown Indianapolis. And in A&E, Lou Harry reviews Broadway's "Magic/Bird."
Front PageBack to Top
Bank of Indiana on long journey back from brink
A fast-growing Indianapolis bank that became one of the biggest U.S. Small Business Administration lenders in the state has returned to profitability after a harrowing stretch of massive losses from borrower defaults that nearly led to its failure.
Read MoreHomebuilders resume land development after enduring crash
Newly confident buyers seeking to capitalize on low mortgage rates have discovered there’s a scarce supply of well-maintained existing homes for sale and are turning in larger numbers to new homes.
Read MoreLoss of St. Francis puts Beech Grove at crossroads
There is a mix of sadness, grief and anger in Beech Grove, as Franciscan Alliance moves the last of its inpatient and emergency operations from its nearly 100-year-old Beech Grove hospital to the new Franciscan St. Francis facility at Stop 11 Road and Emerson Avenue.
Read MoreTop StoriesBack to Top
Would-be donor’s big promises vex trail of victims
Those left in the lurch by financial promises unfulfilled by Joe Bilby are mystfied by his motives, since he seems not to have profited from any of it.
Read MoreWISH turns Mini Marathon into made-for-TV drama
About 65,000 central Indiana households representing more than 115,000 viewers are expected to tune in to the 3-1/2-hour WISH-TV Channel 8 broadcast of the nation’s largest half marathon.
Read MoreAgency increases effort to help state’s artisans sell wares
Three years after budget cuts threatened the state-run Indiana Artisan program, the newly independent organization is moving ahead with ambitious plans to broaden its reach—and help artists and food producers build their businesses.
Read MoreTicket sales firm to double client list, triple work force
Get Real Sports Sales is positioned to grow as colleges, pro teams begin to outsource ticket sales.
Read MoreSatellite training sites give entrepreneurship agency a boost
Participation at Business Ownership Initiative-led training sessions is up nearly 30 percent so far this year as more Hoosiers start businesses of their own. Executive Director Julie Grice is looking for more counselors and money.
Read MoreFunding challenges sideline not-for-profit award program
The Indiana Achievement Awards is going on what organizers called a “sabbatical,” though its return isn’t guaranteed. The change is the result of a loss in grant funding for all not-for-profit programs at the IUPUI Solution Center, which organized the awards.
Read MoreFocusBack to Top
First-quarter commercial real estate stats for Indianapolis
IBJ's Commercial Real Estate Focus sections include statistical snapshots of Indianapolis' multi-tenant office vacancy rates and the local industrial market.
Read MorePlan envisions hot growth for downtown Indianapolis
A study commissioned by the office of Mayor Greg Ballard envisions a much more densely populated, walkable downtown core stretched by several blocks and supported by another Circle Centre mall's worth of retail and enough new office space to double the size of Chase Tower.
Read MoreOpinionBack to Top
EDITORIAL: Silver linings to April’s slow start
The Indianapolis jobs picture is brighter than previous reports indicated. Revised data provided by the federal Bureau of Labor Statistics last month revealed the metro area had about 15,000 more jobs than previously reported and ended the year on a roll.
Read MoreMAURER: Summer camp isn’t just for kids anymore
Have you ever wanted to operate heavy construction equipment? At Mickey’s Camp you’ll be able to operate a skid steer loader, excavator and a motor grader simulator.
Read MoreRUSTHOVEN: Much riding on Supreme Court decision
Indiana is one of 26 states challenging ObamaCare, with Attorney General Greg Zoeller attending the first day of Supreme Court argument.
Read MoreBAKER: Women are still underpaid
April 17 is Equal Pay Day, a day that marks the wage gap—the number of days into the year women have to work, in addition to last year, to earn the same amount of money men made last year.
Read MoreHICKS: Accounting mistakes and local government reform
The $206 million in late payments is about half the total tax revenue our state’s woefully mismanaged townships kept sitting in the bank over the past several years.
Read MoreKIM: Don’t let your fear, greed push you to ‘behavior gap’
While we clearly can’t control the economy or the markets, our behavior is up to us.
Read MoreDefinition of ‘college’ misleads readers
While I usually find myself in agreement with IBJ’s editorials on higher education, “Not everyone is college material” [April 7] misleads the reader by propagating a dangerous message.
Read MoreIn BriefBack to Top
North-side neighborhood groups pursuing Fall Creek revitalization
Destination Fall Creek calls for restoring the waterway’s recreational value and redeveloping 60 acres of adjacent property.
Read MoreRolls Royce locks in work on key military program
The British engine maker received a $151 million contract to continue making engines for the V-22 Osprey.
Read MoreSimon CEO lands $137 million in compensation
David Simon must remain CEO of Indianapolis-based Simon Property Group for at least six years to see any of the $120 million in special stock awards the company’s board of directors awarded him last year, and must stay on eight years to reap the full amount.
Read MoreSMC plans $19M Noblesville expansion, 163 jobs
SMC Corp. of America plans to spend $19 million to expand its North American headquarters in Noblesville, making room for an additional 163 employees by 2017, the company announced Tuesday.
Read MoreSt. Vincent nears another ‘merger’
The Indianapolis-based hospital system is working with Evansville-based St. Mary's Health System to mesh some of their corporate operations.
Read MoreBoard delays decision on Broad Ripple parking garage
An attorney for Keystone Construction Corp. asked the five-member board to delay a hearing on the garage to allow the developer to meet with officials from the City of Indianapolis’ Department of Public Works about construction of a levee system along White River.
Read MoreUniversity of Indianapolis selects new president
Georgetown University Associate Provost and Dean Robert L. Manuel will become president of the University of Indianapolis in July, succeeding Beverley J. Pitts, who is retiring after seven years at the school.
Read MorePROXY CORNER: Kite Realty Group Trust
Indianapolis-based Kite Realty Group Trust is a real estate investment trust, engages in the development, construction, acquisition, ownership and operation of shopping centers in the United States.
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