JANUARY 5-11, 2018
City and hospitality officials have started laying the groundwork for development of what would be one of downtown’s largest hotels, an effort to accommodate demand for rooms booked for conventions and other big events by Visit Indy. Anthony Schoettle explains how officials are trying to move the effort forward. Also in this week’s issue, Lindsey Erdody has the lowdown on the biggest gifts given to Indiana not-for-profits in 2017, with one clear winner. And in A&E Etc., Lou Harry reviews Crispy Bird, the latest concept from the Patachou family of eateries.
Front PageBack to Top
City eyes another big hotel downtown
City and hospitality officials have started laying the groundwork to accommodate demand for rooms booked for conventions and other big events by Visit Indy.
Read More
Notre Dame nabs 6 of state’s 10 largest not-for-profit gifts in 2017
The university’s $205 million in big gifts was about two-thirds of the $302.9 million in gifts of $1 million or more given by individuals to Indiana not-for-profits in 2017.
Read MoreTop StoriesBack to Top
Centerfield raises $310M, includes 2 local companies among investments
The local recipients are produce distributor IF&P Foods, parent of Indianapolis Fruit and Piazza Produce; and Wild Sports, which makes sports-themed tailgating games and accessories.
Read More
East 16th Street revival hits high gear
In the last three years or so, development along a roughly 20-block section of East 16th Street stretching from Pennsylvania Street east past the Monon Trail has exploded.
Read More
Firm that repairs ultrasound probes grows quickly
Fast-growing Fishers-based Probo Medical serves a niche within a niche: It repairs and refurbishes ultrasound equipment—more specifically, the probes for ultrasound systems.
Read More
Return of medical-device tax dismays firms across state
The medical-device industry will see a resumption of the 2.3 percent federal excise tax beginning this month, following a two-year moratorium that expired Dec. 31.
Read MoreTwo ex-nursing home execs to plead guilty in kickback scheme
Former American Senior Communities CEO James Burkhart and former Chief Operating Officer Daniel Benson have agreed to plea deals in a kickback scheme involving millions of dollars.
Read More
‘Smiley Show’ sidekick launching improv comedy club
Will Pfaffenberger’s passion project, featuring shows made up on the spot, is slated to debut in February.
Read MoreTech vets Godfrey, Hill jump into operations at Lumavate
Local tech industry entrepreneurs and investors Bill Godfrey and Mark Hill expect their day-to-day involvement to take the Carmel-based software-as-service firm to the next level.
Read MoreOpinionBack to Top
EDITORIAL: Workforce issues top IBJ’s agenda for Legislature
Eliminating the smokers’ bill of rights, fixing the state’s sexual harassment law, and Sunday alcohol sales also made our list of important legislation.
Read MoreFELTMAN: More good Trump in 2018, please
Here’s to a less riddled, mysterious and enigmatic 2018.
Read MoreKENNEDY: 2017—Goodbye and good riddance
I’m very happy to bid farewell to a depressing year in which I’ve watched America being dismantled to benefit the president and his cronies.
Read MoreMUSGRAVE: Buyers in for the long haul care about firm culture
Sure, you can have a profitable company with a toxic culture, but for how long?
Read More
FEIGENBAUM: New faces will tackle familiar Statehouse issues
In the long run, no changes will be more important than the Senate fiscal posts.
Read MoreSKARBECK: Rebalancing portfolio not always best option
In the current market environment, the enterprising investor would say year-end auto rebalancers are making the mistake of selling highly valued stocks, only to buy even more overpriced bonds.
Read MoreBOHANON & CUROTT: Cut in marginal tax rate should spur growth
What we like best about the new federal tax law is that it reduces marginal tax rates for almost all taxpayers, both individual and corporate.
Read MoreLETTER: McGinnis deserves praise
However, it is the right and duty of citizens of our country to respectfully protest injustices.
Read MoreLETTER: Kudos on gun column
We need to listen to those with whom we disagree and try to form a common ground.
Read MoreIn BriefBack to Top
Republicans pick two for top Indiana Senate positions
Republicans who control the Indiana Senate have elevated two lawmakers to top leadership posts that were recently vacated by retiring Sen. Brandt Hershman.
Read MoreMenards founder’s ex-fiancee doesn’t deserve ownership, court rules
In a case that once ensnared two prominent Indianapolis-area businessmen, the Wisconsin Supreme Court says the founder of the Menards building supply stores doesn’t owe his former fiancee an ownership interest in the company.
Read MoreRodizio Grill hoping to reopen locally after Carmel closure
Rodizio Grill, a Utah-based Brazilian steakhouse chain that recently closed its Carmel location, is hoping to reopen the restaurant in the future under a new franchisee, the company told IBJ this week.
Read MoreDry cleaner with unusual pricing model coming to Indy
A franchisee has agreed to open five locations in the metropolitan area, with the first expected to begin operating in August, in the former Fox & Hound space on the city’s northeast side.
Read More