Indianapolis Business Journal

JULY 14-20, 2014

Growing demand for high-end, low-maintenance living is fueling an apartment-building boom in Indianapolis’ northern suburbs—and raising concerns among some leaders about the risks of adding too much too fast. Andrea Davis examines changing attitudes toward apartments and whether the market can bounce back from the big influx. Also in this issue, Dennis Barbosa outlines a proposal to move Indianapolis police officers into the city's most dangerous neighborhoods. And in A&E Etc., Mike Lopresti visits all five minor-league baseball franchises in the state.

Front PageBack to Top

Fletcher Place gains destination status

Fletcher Place on the southeastern edge of downtown for years served as little more than a pass-through for folks traveling between downtown and Fountain Square. But the triangle-shaped historic neighborhood is starting to carve out its own identity by drawing more residents and visitors to patronize the restaurants and drinking establishments sprouting along Virginia Avenue.

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Top StoriesBack to Top

Combatants in grocery feud are finally making peace

Attorneys for the Marsh Supermarkets and Don Marsh have quietly reached a settlement on the final issue: how much each side owes the other for legal fees on claims on which they prevailed. Each had argued since last fall the other owed $1.7 million.

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Sallie Mae spinoff Navient tries not to shrink

Navient Corp., which employs 2,300 in its Fishers, Indianapolis and Muncie offices, is in the running for a big contract with the U.S. Department of Education even as the student-loan-servicing company faces criticism after admitting it overcharged military service members by millions of dollars.

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New Obamacare rule could boost WellPoint

The U.S. Department of Health and Human Services proposed a rule that would automatically re-enroll exchange plan customers each year, which would help companies like WellPoint that sold aggressively on the exchanges in their first year.

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Jarden Corp. unit plans HQ in Fishers

A subsidiary of the consumer products giant behind Ball jars, Yankee Candles, Crock-Pots and Coleman tents plans to spend nearly $22 million to open a regional headquarters and distribution center in Fishers that could employ nearly 300.

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FocusBack to Top

OpinionBack to Top

Indiana needs film incentives

The recent opening of the motion picture “The Fault in Our Stars,” based on the novel by Indianapolis’ own John Green, has led to a re-examination of Indiana’s film incentive policy.

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Stats don’t tell full story

Kudos to Richard Gunderman and Mark Mutz for their [June 23 Viewpoint]. Their points are spot on. I’ve seen the power of inspirational leadership and the subsequent production that can be achieved. By contrast, I’ve seen the negative effect number worship has on the morale and integrity of a team.

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In BriefBack to Top