JUNE 10-16, 2013
This week, Scott Olson reveals that Columbus-based manufacturing giant Cummins Inc. is interested in expanding its presence in Indianapolis and constructing its own office building downtown. Potentially as large as 70,000 square feet, the building would allow Cummins to grow its visibility in the state's largest city. Also in thsi issue, IBJ presents a profile of dynamic philanthropist Marianne Glick, this year's winner of the Michael A. Carroll Award. And in A&E, Lou Harry has the scoop on the latest features at Conner Prairie Interactive History Park, including a precursor to baseball called "Rounders."
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Cummins looking to build downtown Indy offices
Cummins Inc. wants to expand its downtown Indianapolis presence and is searching for land to construct an office building that would double the space the Fortune 500 company occupies in the city, several local office brokers said.
Read MoreFishers, Noblesville put cuffs on charities to recoup tax revenue
Two growing Hamilton County communities looking to build their commercial tax base are taking steps to ensure land targeted for development doesn’t end up in the hands of organizations that don’t pay taxes.
Read MoreFormer TV news king WRTV seeking comeback under new owner
WRTV-TV Channel 6 is making big changes, many tailored to capturing viewers through digital outlets, in an effort to stage a comeback after a two-decade slide.
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ExactTarget option gains approach $300M
xactTarget Inc.’s sale will swell the value of employee stock options to nearly $300 million—a windfall local tech experts expect will launch a wave of entrepreneurship over the next several years.
Read MoreGlick’s all-in style leaves mark throughout philanthropy
Marianne Glick’s community commitment has earned her the distinction of being named the 20th recipient of IBJ’s Michael A. Carroll Award, given annually to someone who has demonstrated the former deputy mayor’s qualities of determination, humility and devotion to the community.
Read MoreLocally produced laundry additive taking on skin cancer
In a nondescript manufacturing plant on Indianapolis’ east side, a manufacturer is producing one of the most unique weapons in the war on skin cancer. Called SunGuard, the laundry additive is being called by some dermatologists a potential life saver.
Read MoreCenter Township trustee to list Mass Ave building
The township board in late May gave Trustee Eugene Akers permission to list the property, which has a five-story office building on 1-1/3 acres of land.
Read MoreGoodwill to open four more dropout recovery schools
But further expansion is on hold because of a state freeze on new adult-focused charter schools. Lawmakers are concerned the schools are siphoning funds from K-12 education.
Read MoreLocal entrepreneur Dragoo takes helm of national group
Already one of the most influential women entrepreneurs in the country, Billie Dragoo will work herself even deeper into professional networking in July as she takes a new role as board chairwoman for the National Association of Women Business Owners. She hopes the connections she’s made over 18 years in business for herself will benefit the group’s members.
Read MorePROXY CORNER: Emmis Communications Corp.
Indianapolis-based Emmis Communications Corp. is a media company that owns radio stations and magazines.
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Sales of boomer-owned businesses deemed close at hand
Several factors have aligned to spark the long-expected trend.
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EDITORIAL: ExactTarget deal will send tech ripple
A toast is in order: The $2.5 billion sale of ExactTarget Inc. to San Francisco-based Salesforce.com is the most lucrative exit yet for an Indianapolis technology company.
Read MoreMAURER: Tie civic pride to achievement beyond sports
How proud would we be if Indianapolis was the safest city in the United States?
Read MoreRUSTHOVEN: Welcome back, Indiana Pacers
Other than the disappointing, anticlimactic Game 7 with the Miami Heat, this was a terrific year and fabulous playoff run by the Pacers. We owe the players and team officials a huge vote of thanks.
Read MoreLIBMAN: A plan to fill a media void in the arts
Jay Harvey, the performing arts critic for The Indianapolis Star, retired from the paper May 17. Given the importance of the arts to central Indiana, not to mention the amount of advertising bought by arts organizations, one would think the Star has a plan.
Read MoreKim: How studying goalkeeping can improve your investing
Soccer in the United States has exploded in popularity among fans and participants. With the Indiana University men’s team winning its eighth national title last December and the Indy Eleven professional team getting ready to compete next April, soccer is only going to get bigger here. Unlike regular-season games, tournament games can’t end in a […]
Read MoreHicks: Attractive places help Indiana grow faster
I am often asked to explain why more and better local amenities matter to job creation. It is a simple concept, really. Families make choices about where to live based upon a variety of factors, including playgrounds, safe and attractive neighborhoods, and recreational activities. They will sacrifice to obtain these things, commute long distances and even forgo higher wages.
Read MoreTrends can misguide
Who does [Mickey Maurer] admire more, a man of principle and conviction or a man who sways with political winds [May 27 Commentary]?
Read MoreHow to fix the Indy 500
The Indianapolis 500 is still the biggest, most spine-tingling deal of all sporting events. So, why the downturn in worldwide excitement? There are a number of reasons:
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Crew making quick progress on Citizens Energy sewage tunnel
The Deep Rock Tunnel is the largest public-works project in the city’s history, and Citizens customers are already paying for the first phase, which cost $444 million.
Read MoreUpstate bank headed for Fishers
A Warsaw-based bank will build in Fishers its second Indianapolis-area office.
Read MoreIDI seeking input for strategy
Velocity, the downtown strategic planning project launched by Indianapolis Downtown Inc., is holding a series of neighborhood roundtable meetings in June to gather input about the future of downtown and surrounding neighborhoods.
Read MoreRiley CDC names successor to retiring executive director
Eric Strickland’s appointment was effective June 1. He brings more than 18 years of engineering, real estate development and economic development experience to the organization.
Read MoreFaegre opening Silicon Valley office
Faegre Baker Daniels LLP, which has a major Indianapolis presence, is opening an office on the West Coast.
Read MoreBuckingham set to redevelop Carmel shopping center
The Carmel Marketplace on East Carmel Drive is directly south of the Mohawk Hills apartment complex, which Buckingham hopes to start redeveloping as part of its long-awaited Gramercy project late this year.
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