JUNE 9-15, 2014
Heading into summer concert season, Klipsch Music Center in Noblesville has a tough act to follow: itself. Andrea Davis reports that ticket sales have soared in the last couple of years, thanks to imaginative marketing, patron-friendly features and a savvier concert industry. Also this week, Scott Olson details the return of restaurateur Peter George, who’s opening a new eatery on 16th Street. And in A&E, Lou Harry hits Mass Ave to study the second location for Carmel’s Pizzology.
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Crowds rocking at Klipsch Music Center following slump
The amphitheater sold almost 570,000 tickets to 34 shows last year, the most in recent history, as the live-entertainment industry rebounded from a recession-related slump. Ticket sales at Klipsch were up 60 percent from 2011, when it scheduled about 10 fewer events.
Read MoreZoo adopts variable-pricing strategy for tickets
The Indianapolis Zoo last month dumped its old model of set ticket prices and installed a variable model—a first for the industry and one with mostly higher prices—to correspond with the opening of its orangutan exhibit.
Read MoreHousing developer hopes farm hooks new residents
A growing number of housing developers thinks farms, rather than golf clubs, are the perfect hook to lure residents. The first to experiment with the concept in central Indiana is Mike Higbee of Central Greens LLC, with his Seven Steeples Farm on the site of the old Central State Hospital.
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Former restaurateur Peter George partnering on small new eatery
George, 60, is targeting an August opening for Tinker Street, a chef-driven and plant-based concept he’s launching with business partner Thomas Main, 56, who also has a restaurant background.
Read MoreExactTarget execs: Expect smooth transition
Outgoing CEO Scott Dorsey wants to spend time with his four daughters, focus on mentoring young entrepreneurs, and maybe travel a little for leisure. His successor, longtime executive Scott McCorkle, plans to keep the company focused on email, even as the firm adds a broader suite of digital marketing services.
Read MoreProviders increasingly joining health insurance game
When the next enrollment season opens for the Obamacare exchange in Indiana, more than half the “health insurers” will actually be doctors and hospitals.
Read MoreLender to bankrupt country club puts on suitor’s cap
The lender for the Hawthorns Golf & Country Club is an affiliate of California-based Concert Golf Partners, which hopes to convert its debt into ownership of the Fishers club.
Read MoreHotel app maker to shift HQ accommodations to Indianapolis
Dallas-based Yikes, which automatically handles most hotel transactions for consumers, is planning on ramping up operations and settling its main office in downtown Indianapolis.
Read MoreMerger forms $382M, Indy-based motorcycle parts company
Indianapolis-based holding company LDI Ltd. has tripled its motorsports employee count and broadened its national reach with a deal for privately held Motorsport Aftermarket Group.
Read MoreHerman & Kittle plans $28M downtown apartment project
The Indianapolis developer plans to build 211 units at the southeast corner of College and Maryland Street. Meanwhile, the owner of a building across the street that last housed a sporting goods store is accepting bids on the property.
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Tiny Sheridan girds for inevitable growth
The tiny Hamilton County community is mindful of sprawl in Carmel and Fishers, and is determined to absorb growth on its own terms.
Read MoreFishers OKs tax break for medical building
Cornerstone Cos. plans to locate the $11 million project near Interstate 69.
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EDITORIAL: Students need more advice
If you’re not certain whether a school counselor’s primary duty is to review college-application letters, work with troubled students, or proctor AP testing, you’re not alone.
Read MoreMAURER: Endocyte: What happens now?
The company, once heralded for a promising cancer treatment, is down but not out.
Read MoreBRENNER: Making Brookside neighborhood the next big thing
A couple of weeks ago, as my 14-year-old daughter, Caroline, prepared for her final days as an Oaks Academy student, she wrote, “The Oaks Academy has taught me to work hard, not because you have to but because you want to.”
Read MoreRUSTHOVEN: Tea Party, Chocola never seem to learn
On June 3, Mississippi Republicans took a step down the path traveled two years ago by their Indiana counterparts. Ordinarily, Hoosiers might think Mississippians would do well to follow our lead. Not this time.
Read MoreKim: What is insider trading? It’s time for clear answer
Illegal insider trading generally refers to buying or selling a stock, in breach of a duty of trust and confidence, while in possession of “material, non-public information” about the stock. This also can apply if the person possessing the information (the “tipper”) passes along the information to a “tippee,” who then trades the stock. Steve […]
Read MoreHicks: Technology might be suppressing robust growth
Quarter after quarter of booming growth, seen for several decades, might have slowed permanently. The 2000s saw only five rapid-growth quarters, and this decade has had two. It might mean that higher average growth rates are more difficult to achieve due to structural changes in the economy related to technology.
Read MoreReplace Delph with Ford
As a resident new to Indiana, I have been troubled by news reports pertaining to state Sen. Mike Delph. His Twitter rants and public statements to media were published repeatedly, but there was nothing newsworthy about them.
Read MoreMore women needed in IBJ news sections
Most weeks, I flip through IBJ and ponder why I see so few female faces pictured in the news sections. There are plenty of female faces in the People section. Surely some of them have something newsworthy to say?
Read MoreStay open to other views
Bruce Hetrick’s [May 26 Viewpoint] on living and learning in silos not only is something that I completely agree with, but I found myself having the same exact conversation with clients and friends.
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Old National scoops up Lafayette Savings Bank for $42M
The purchase of LSB Financial Corp., parent of Lafayette Savings Bank, will add $366 million in assets and five branches to Old National’s portfolio.
Read MoreIU taps chamber executive to lead public-policy institute
R. Mark Lawrance is scheduled to take over as head of the Indiana University Public Policy Institute.in July, succeeding John Krauss, who is retiring.
Read MoreSubaru starts building new SUV model in Lafayette
Factory workers gathered Monday to celebrate the first day of production on the 2015 model, which is among three Subaru vehicles built at the 3,600-worker plant.
Read MorePROXY CORNER: Cummins Inc.
Columbus, Ind.-based Cummins Inc. designs and manufactures diesel engines for automotive and industrial markets. It also provides filtration, exhaust and electronics systems, natural gas engines and engine components.
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