Indianapolis Business Journal

June 20-26, 2011

This week, find out what obstacles the city has to overcome to make its ambitious tech plan a reality. Also read about what new kind of farming is fanning the economy in Madison County. And check out our annual Indiana 100 section to see how the state's largest companies fared in 2010—and see which privately held firms made our fastest-growing list.

Front PageBack to Top

Well-located Carmel retail center plagued by vacancies

Merchants’ Square shopping center, built in 1970 as the enclosed Keystone Square Mall and redeveloped into an open-air center and renamed in the mid-1990s, is riddled with vacancies and bracing for another high-profile departure, despite its prime location.

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Community Health adopts low-cost mantra

Community Health Network has embarked on a strategy to become a low-cost, high-output machine in order to survive the coming harsh economic environment that an aging population and expanded health care coverage promises for hospitals.

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Top StoriesBack to Top

City’s ambitious tech-corridor plan no sure thing

Indianapolis leaders are hoping a new plan launched by Mayor Greg Ballard’s administration to transform the area northwest of downtown into a high-tech job and life-sciences research magnet will turn the long-discussed idea into a reality.

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Architect’s role goes beyond blueprints

Architect Sungano Ziswa, a native of Zimbabwe, is Domain Architecture’s primary adviser on an apartment project that is the largest solo effort Domain has undertaken in its 15-year history.

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Wind farm may fan economy in Madison County

E.ON Climate & Renewables North America is planning some 75 wind turbines as part of Madison County’s first commercial wind farm, one that could temporarily employ 150 construction workers and bring a dozen permanent jobs.

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Merger of cell phone titans takes glow off Brightpoint

Some analysts say investors overreacted to the risk Brightpoint would lose T-Mobile as a customer. Merriman Capital's Scott Searle estimates the earnings impact from losing that client would be “dramatically less than investors originally feared” and “is more than adequately reflected in the stock price.”

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Circle Idea Competition finalists selected

Posters highlighting the top 12 proposals will be on display in Monument Circle storefronts until June 26 so members of the public can vote for their favorite. The ideas could be used by planners plotting the future of the downtown space.

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FocusBack to Top

OpinionBack to Top

SKARBECK: Latest investment tool to tame risk is no panacea

The idea behind tail-risk hedging is to provide protection to a portfolio against a disastrous event that would wreak havoc on the markets—a so-called “black swan” event made famous by Nassim Taleb’s book “The Black Swan: The Impact of the Highly Improbable.”

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In BriefBack to Top

Medco deal loses its luster

New Jersey-based Medco has hired just 430 workers in Whitestown—far short of its commitment of 1,400 by 2012—and its business trends suggest the company is shrinking, not growing.

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Central Indiana home sales rise for first time in a year

Sales in the Indianapolis area rose 32 percent last month compared with the same time a year ago, reversing a year-long slump in the residential market. But May 2010 home sales were down dramatically after the expiration of a special federal tax credit.

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