Indianapolis Business Journal

Linton Calvert never seriously entertained the unsolicited offers he received over the years for the iconic Fountain Square Theatre Building, until presented with the one he couldn’t refuse. Scott Olson has the story on the sale and what to expect next at the landmark property. Also in this week’s issue, Lindsey Erdody reports that Fishers leaders are fed up with a state-mandated tax formula that favors Carmel over their city. And in A&E Etc., Lou Harry reviews the new food offerings available at Bankers Life Fieldhouse.

As vendor contracts expire at Indianapolis International Airport—and a slew of them lapse at the end of 2018, a decade after the terminal’s opening—officials are embarking on a project to freshen up the retail and restaurant offerings. Susan Orr explores what’s in store. Also in this week’s issue, Scott Olson gets a handle on the slowing growth of the craft-brew industry. And you can learn about 22 local leaders of distinction in our Women of Influence section.

Pacers Sports & Entertainment finished a record year this summer—not on the court but in the management of Bankers Life Fieldhouse. Anthony Schoettle explains how the company scored with revenue from non-Pacers and non-Fever events. Also in this issue, John Russell explains how Eskenazi Health has been earning national raves with its new emphasis on serving healthier and better tasting food. And in A&E Etc., Lou Harry has a review of John Green’s new book, “Turtles All the Way Down.”<

Trucking giant Celadon is in retreat—canceling its $28 million headquarters in Mount Comfort, selling off its flatbed unit, and outsourcing its driver schools—so it can refocus on its core business just as the industry is expected to boom. Susan Orr explains what’s behind the retrenchment. Also in this week’s issue, Hayleigh Colombo reports the shocking findings of a Sagamore Institute study showing the poverty rate in Marion County nearly doubled over 15 years. And Lindsey Erdody attempts to straighten out the confusion over city boundaries in the northern suburbs.<

A new Interstate 65 interchange to be built in fast-growing Whitestown has spawned plans for a massive, high-end retail development that the town’s top official says would be a “game-changer” for the Indianapolis area. IBJ's Scott Olson sniffed out the plans. Also in this week’s issue, Hayleigh Colombo profiles South Bend Mayor Pete Buttigieg, whose star is on the rise in national Democratic politics. And in A&E Etc., dining critic Lou Harry has the verdict on the hotly awaited Portillo’s restaurant in Fishers.

The Finish Line Inc. is highly vulnerable to being acquired, thanks to a succession of challenges hitting all at once. Scott Olson explains why the athletic-wear retailer is ripe for takeover. Also in this week’s issue, Anthony Schoettle explores how the latest scandal to hit college basketball is fueling arguments for compensating players. And in A&E Etc., Lou Harry presents his top 10 picks for audiences at the Heartland Film Festival.

A tight job market can be tough for any employer, but especially for organizations that have limited resources and a budget at the mercy of donations and grants. Lindsey Erdody examines the strategies that local not-for-profits are using to attract and keep employees. Also in this week’s issue, Anthony Schoettle explains how the new CEO of the Indiana State Museum plans on elevating the institution’s profile. And in A&E Etc., Lou Harry reviews three regional theater premieres that are showing off Indy’s local talent base.

Local developer Keystone Group is nearing a deal to buy the 20-story AT&T building just north of Monument Circle and is considering a range of possibilities for the half-million-square-foot property. Scott Olson examines the challenges that vexed its current owner. Also in this week’s issue, Susan Orr reports that more than 20 companies in Indiana are contributing to NASA’s effort to send people to Mars. And in our Meeting and Event Planning Guide, Anthony Schoettle explains how the glitz and glam of high production values have become essential to conventions and expos.

What’s the point of having a ritzy residence without a few parties? But Forrest and Charlotte Lucas host so many galas, fundraisers and other events at their Carmel estate that some nearby residents are fed up. Lindsey Erdody reports that city officials are looking at clamping down on frequent, large-scale entertaining on estates. Also in this week’s issue, Susan Orr digs into the fine print on plans for the Red Line and presents 11 things you might not know about the transit project. And in Forefront, IBJ’s columnists debate the future of Confederate monuments and racially charged art.

School districts in Martinsville, Muncie and Perry Township recently have experienced major problems with their busing systems. The common denominator was a start-up consulting firm hired to rework their bus routes. IBJ’s John Russell investigates True Consultant Services LLC and finds the firm’s two leaders had unusual credentials for offering transportation advice. Also in this issue, Susan Orr examines the recent rate hike for subscribers of The Indianapolis Star as revenue declines for its parent company. And in A&E Etc., Lou Harry points out fun activities for finishing the summer.

Five years into his job as leader of the Indianapolis Museum of Art, Charles Venable has charted a definitive course for the institution that leads outdoors. Lou Harry examines the push to emphasize the museum’s grounds and experiential attractions—some say to the detriment of its mission as a museum. Also in this week’s issue, Lindsey Erdody reveals that the city of Westfield has quietly purchased the Grand Park Events Center and taken responsibility for its $26.6 million construction loan. And in A&E Etc., Lou Harry shows off some of the best games from the 50th edition of Gen Con.

About 35,000 people work in tech fields in the Indianapolis. In the special feature “Faces of Indy Tech,” Jared Council examines the results of a survey designed to learn more about their demographic features. Also in this week’s issue, Scott Olson explains how robust homebuilding in central Indiana is keeping home prices down. And in A&E Etc., Lou has a raft of features about the architecturally rich city of Columbus, including a preview of an ambitious art-installation project, a review of the new movie bearing the city’s name, and a survey of its culinary surprises.

A local developer is planning to make a big splash on the city’s near-east side by revamping the old Ford Motor Co. assembly plant and moving its headquarters there. Scott Olson reports that TWG now is also looking at buying a big structure next door. Also in this week’s issue, Susan Orr reveals the surprising connections between the Indianapolis business community and the new independent film about the city of Columbus. And in A&E Etc., Lou Harry explains how Sahm’s Ale House has remade a familiar dining spot in Nora.

A growing number of colleges are defying old norms about selling alcohol at sporting events and are using booze to help fund athletics. Anthony Schoettle reports that Purdue is taking the plunge, and other Indiana schools likely will be tempted. Also in this week’s issue, Lindsey Erdody follows Fisher Mayor Scott Fadness for a day to get a sense of the political up-and-comer’s leadership style. And in A&E Etc., Lou Harry reviews 13 new food offerings at the Indiana State Fair.

IndyGo is exercising its power of eminent domain to gain control of property it needs to create the Red Line rapid-transit route. Scott Olson looks at the tensions that have flared up between the transit service and business owners along College Avenue. Also in this issue, John Russell reports on the tough stance Anthem Inc. is taking with customers over ER visits, and Anthony Schoettle profiles WTTS-FM 92.3, what one market observer calls "the rebel of the Indianapolis market."

The quality-of-life amenities that Mayor Jim Brainard has been adding in Carmel have dramatically increased the city's debt. Lindsey Erdody assesses the debt load. Also in this issue, Scott Olson profiles the new owners of the Safeway grocery chain, and Hayleigh Colombo looks at the explosion in vaping manufacturers since the General Assembly revamped the law governing the industry.

The parent company of Circle Centre mall’s sole anchor, Carson’s, is facing steep challenges, with some retail experts wondering whether it will be the next big chain to collapse. Scott Olson delved into new questions about the mall's future. Also in this issue, Anthony Schoettle examines the challenges for the Pacers’ season-ticket push with an overhauled roster that’s short one superstar. And in A&E Etc., Lou Harry reviews a new Greek cuisine option on Mass Ave.

How did executives at Angie’s List go from rejecting a buyout offer of $8.75 per share in November 2015 to accepting one of $8.50 per share less than a year later? Jared Council has the behind-the-scenes story of the twists, turns and 11^th-hour concessions. Also in this issue, Lindsey Erdody explains why fed-up Noblesville officials are working on a plan to eliminate the Architectural Review Board. And check out which central Indiana companies are on the hottest streaks in our annual Fast 25 publication.