MARCH 27-APRIL 2, 2017

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Wise investment? Voucher system’s effectiveness tough to judge

March 24, 2017 |

Over six years, the state has spent more than a half billion dollars on vouchers. During that time, Indiana’s program has expanded, giving more students access to vouchers than in any other state—despite mixed evidence from researchers that vouchers help students achieve.

City gives up on stalled 21c hotel, will seek new proposals

March 24, 2017 |

City officials are scrapping plans to help finance construction of a long-awaited 21c hotel proposed as part of a $55 million redevelopment of Old City Hall and are putting the property back up for bid.

Coach decision puts IU’s Glass on the hot seat

March 24, 2017 |

Glass has transformed the culture of IU’s athletic department for the better, IU sources said, but that legacy could be obscured by whom he hires to replace Tom Crean as men’s basketball coach.

Reeling casinos seek breaks from Statehouse

March 23, 2017 |

Indiana lawmakers are working to keep afloat the state’s crippled casino industry in an effort to shore up declining tax revenue and spur investment.

Proposed exits on I-69 route suggest opportunities—and headaches

March 23, 2017 |

The Indiana Department of Transportation this month released plans detailing the location of interchanges along the final leg of Interstate 69, information that’s expected to spark investment.

ITT Tech nightmare escalates for Indianapolis credit union

March 23, 2017 |

The Eli Lilly Federal Credit lost a bundle on loans to ITT Technical Institute students a few years ago. Now the credit union, which adopted the Elements Financial moniker two years ago, may get hit with a lawsuit from the bankruptcy trustee for the now-defunct for-profit school operator.

UPDATE: Lilly to invest $85M in Indy as part of diabetes expansion

March 24, 2017 |

The expansion at the Lilly Technology Center southwest of downtown is part of an $850 million investment the company is making this year in its U.S. research labs, manufacturing plants and other operations.

Musician accuses conductor Urbanski, ISO of age discrimination

March 21, 2017 |

A federal lawsuit filed by principal bassoonist John Wetherill accuses Music Director Krzysztof Urbanski and Indianapolis Symphony Orchestra managers of trying to push out musicians older than 40 to replace them with younger and lower-paid performers.

PROXY CORNER: Bioanalytical Systems Inc.

March 23, 2017 |

West Lafayette-based Bioanalytical Systems Inc. provides contract-research services to the pharmaceutical industry.

Female homebuilders find success, despite small numbers

March 24, 2017 |

The Builders Association of Greater Indianapolis estimates that no more than 10 of its 150 members are women, with many of them building few homes.

Retired designer turns two condos into one for penthouse over Mass Ave

March 24, 2017 |

It was quite a change, to say the least, from the Jim O’Neils’ previous abode—a large but traditional home on 116th Street.

Demographics snapshot

March 24, 2017 |

About 22 percent of Hoosiers at least 25 years old had at least a bachelor’s degree in 2010. But most metro Indianapolis counties do better. The exceptions are Madison, Morgan and Shelby counties.• Click here to see a map of the Demographics snapshot

Central Indiana home sales fall after 15 straight months of increases

March 21, 2017 |

February’s decrease in existing-home sales came amid a steep increase in prices and a big decline in housing inventory.

Area home builders see 14-month streak come to an end

March 16, 2017 |

After more than a year of experiencing rising demand for new homes, Indianapolis-area builders had an off month in February.

EDITORIAL: Research vouchers to assess value

March 23, 2017 |

Whether those students who attend private schools on a state-funded voucher are getting a better education remains a question. And whether those left behind at public schools are harmed by the changes is another.

MAURER: A belated stroll through the topics of 2016

March 23, 2017 |

I know it’s not January, but I have been taking a hiatus from this column in order to complete a book.

WAGNER: Mentoring women to be Democratic leaders

March 23, 2017 |

Our focus should be on electing women, who are woefully underrepresented in office, as well as nurturing women who already are on a professional career track but who might be looking to give back in other ways—perhaps a year or two in public service or fundraising for a candidate or taking on a leadership role in the community.

Indianapolis Business Journal