OCTOBER 20-26, 2014

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Justice center deal tests transparency laws

October 17, 2014 | Kathleen McLaughlin

Three teams competing to partner with Indianapolis on a half-billion-dollar criminal justice complex shaped the city’s yet-to-be released specifications in closed-door meetings.

Sponsors, fans stick with Pacers

October 17, 2014 | Anthony Schoettle

With the loss of Lance Stephenson to free agency and the serious leg injury to Paul George, there are numerous questions about how the Indiana Pacers will do on the court this season. But on the business side, victories are piling up.

IndyGo deciding which routes should get focus and resources

October 17, 2014 | Kathleen McLaughlin

IndyGo isn’t threatening to eliminate routes, but it is trying to craft a policy to guide it through landmark changes: next year’s opening of the $20 million Downtown Transit Center and, possibly, the passage of a referendum in favor of a regional rapid-transit system.

Angie’s List $40M investment brightens outlook for blighted area

October 17, 2014 | Scott Olson

Some real estate experts wonder whether the area’s revival relies too much on Angie’s List.

Flat 12 venture with IndyCar star yields surprise sales success

October 17, 2014 | Anthony Schoettle

Hinchtown Hammer Down beer, named for IndyCar driver James Hinchcliffe, is one of Flat 12’s top sellers and has become one of five in the brewery’s core lineup.

Fishers’ conversion from town to city brings prickly pay issues to fore

October 17, 2014 | Andrea Muirragui Davis

Six candidates ran for mayor of Fishers in the May primary without knowing what the job would pay. More than 20 sought seats on its first City Council. Now the outgoing Town Council—with at least two members who won’t return to the dais next year—must decide how to compensate the victors come Jan. 1.

Hiring surges at Carmel financial-services firm

October 17, 2014 | Jared Council

Allied Solutions LLC said it is looking to fill 60 jobs this year and potentially more next year as it extends a growth streak.

Hospital market shares shift

October 14, 2014 | J.K. Wall

Community Health Network claimed 23.1 percent of the central Indiana market inpatient market last year, up from 21.5 percent the year before, while Indiana University Health saw its share of the inpatient market decline from 28.8 percent in 2012 to 27.8 percent last year.

Contractor investing $1.6M to create local HQ near downtown

October 14, 2014 | Scott Olson

Messer Construction Co. is rehabbing a pair of buildings on North Meridian Street that it bought earlier this year.

Rankings of Indianapolis-area banks

October 16, 2014 |

After seemingly endless adversity, bankers anticipate brighter future. Look here to see how local institutions compare based on common measures.

Library plans $59M in new branches, upgrades

October 17, 2014 | Kathleen McLaughlin

Indianapolis Public Library officials are seeking approval from the city to borrow funds to renovate, relocate and build entirely new branches across the city. Despite growing emphasis on digital media, library visits are increasing, they say.

MORALEZ: Hoosier angel investment needs further shots in arm

October 16, 2014 |

When I started my first company, Bio-Storage Technologies, back in 2002, raising angel capital was time-consuming and inefficient, and the results were mixed at best.

Cutillo ramrods entrepreneurship at Stonegate

October 16, 2014 | Jared Council

Jim Cutillo, co-founder of the fast-growing mortgage company, pushes with military intensity.

MORRIS: ICAN service dogs bring hope to others

October 17, 2014 | Greg Morris

The folks who end up with them aren’t the only ones who benefit from these special canines.

KENNEDY: About that younger generation

October 17, 2014 |

It’s easy to get discouraged these days—to look at the overwhelming evidence of social and political dysfunction and retreat into Angry Old Person territory.

SCHMIDT: Elevate expectations for downtown

October 17, 2014 | Laurie Garrett Hamed

It’s easy to pat ourselves on the back about the vibrant downtown areas of Mass Ave, Fountain Square, Monument Circle, White River State Park. We’ve come a long way, and people love to spend time in these places.

Skarbeck: 401(k) lawsuits help fuel fiduciary-duty debate

October 17, 2014 | Ken Skarbeck

Chalk this up as one for “Ripley’s Believe It or Not!” The employees of some well-known financial firms have sued their employers for placing their own company’s proprietary mutual funds in their 401(k) plans.

Hicks: Futures of high-skill, low-skill workers diverging

October 17, 2014 | Mike Hicks

In recent years, average wages have stagnated. Wages for some workers declined while wages for others rose. Understanding why is important for any policy discussion.

Don’t bleed tax revenue to alternate transportation

October 17, 2014 |

In your [Oct. 13] editorial, “Transportation takes many forms,” you seem to be for improving state roads and bridges while funding other “non-road” programs.

Build Midtown without subsidies

October 17, 2014 |

If the [Carmel City Center] deal is so secure, why do the bonds have to be backed with a Special Benefits Tax [Oct. 6]?

Threat-detection tech firm plans to create 84 jobs

October 15, 2014 | IBJ Staff

Lafayette-based Emerging Threats Pro LLC said it will invest $967,000 to open an outpost in the Parkwood Crossing office park in Carmel.

Council OKs $70m road bond

October 14, 2014 | Kathleen McLaughlin

The borrowing plan will target streets and sidewalks across the city. Also on Monday night, City-County Councilors approved a $1 billion city budget.

Indianapolis Business Journal