The Hoosier Lottery is having a banner year and is projecting that it will return more money to the state than in any other year. But was it mostly due to the $1.6 billion Powerball jackpot? Hayleigh Colombo examines the circumstances. Also in this issue, Scott Olson marks the return of home flippers to the real estate market as sales improve. And in A&E Etc., Lou Harry reviews a new pizza outpost for Chicago-based Aurelio’s.
A decade-long struggle by Zionsville to keep Wal-Mart outside the town’s boundaries might be coming to an end. Lindsey Erdody details the ruling that will pave the way into the wealthy burg. Also in this week’s issue, John Russell reports on the mounting number of lawsuits plaguing Cook Medical related to its blood-clot filters. And in A&E Etc., we have a double-shot for fans of the Windy City. Lou Harry reviews the new Rush on Main eatery in Zionsville, and Mike Lopresti checks in with gleeful by wary Cubs fans.
Startups in Indianapolis often have barely grown after five years in business, according to a new study. Jared Council reports that the finding has rekindled criticism of the local venture capital landscape. Also in this week’s issue, Scott Olson details why Broad Ripple advocates expect daytime retail traffic to finally pick up. Anthony Schoettle explains why meeting planners and hospitality officials are embracing gender-neutral restroom facilities. And in Forefront, Gov. Mike Pence and John Gregg debate school-choice issues.
A prominent Indianapolis developer is pursuing two projects totaling $32 million that would bring a grocery and 200 apartments to a neglected stretch near 38th and Meridian streets. Scott Olson has details, including relocation of the United Way of Central Indiana headquarters. Also in this week’s issue, Lindsey Erdody charts the wild success of Zoobilation, the Indianapolis Zoo fundraiser now in its 30th year. Hayleigh Colombo explains how 87,000 Hoosier could be affected by new overtime rules. And in Focus, Lindsey has a blowout feature illustrating how the U.S. 31 corridor north of 96th Street is poised for surge in development.
In IBJ’s second annual innovation issue, we approach the titular topic from several angles. Biochemist Richard DiMarchi proves entrepreneurism isn’t solely for the young, having started five companies since retiring from Eli Lilly and Co. Reporter Jared Council takes an aerial view, tracking the growing roster of tech companies located in the heart of downtown. The masterminds behind concert-promotions firm MOKB Presents explain how they created a cluster of entertainment-related companies to help seed local culture. And a Purdue professor leverages the promise of the space age by placing experiments aboard suborbital rockets.
A savvy tax-avoidance maneuver put in place by the late IMS owner Anton "Tony" Hulman has helped pave the way for continued family ownership of the storied track. Also in this issue, an ombudsman appointed by a bankruptcy judge has found more patient-care problems at Nightingale Home Healthcare, and AMC is the latest theater operator with plans to spend millions of dollars to upgrade the movie-going experience.
Tech talent and naming rights on the state’s tallest building were key factors that helped Indianapolis secure an 800-employee hiring commitment from Salesforce.com this month. Jared Council has details from the negotiations. Also in this week’s issue, Anthony Schoettle examines the effect of tee-time brokers—a kind of variation on travel-booking websites—on area golf courses. And in A&E Etc., Lou Harry looks at how Tube Factory Artspace is trying to boost the Garfield Park neighborhood.
This month, the Indianapolis Motor Speedway completed one of the three largest renovations in its 107- year history. Anthony Schoettle has a complete rundown of $92 million in improvements. Also in this issue, Scott Olson details a feud between a local country club and neighbors who oppose plans to turn some unspoiled land into a housing development. And in A&E Etc., Lou Harry hits the new mini-links at Indianapolis Museum of Art.
In the wake of two key departures from “The Bob & Tom Show,” advertisers and radio stations nationwide are keeping a close watch on the ratings. Anthony Schoettle explains what’s at stake. Also in this issue, Scott Olson outlines the city’s approach to making $750 million in sidewalk improvements when only $3 million in earmarked in the annual budget. And in A&E Etc., Lou Harry takes the wheel at Speedway Indoor Karting in an installment of “Try This.”
Roughly half of the big-money donors who helped propel Republican Mike Pence into the Governor’s Office in 2012 appear to be sitting out his re-election effort this year—or are at least waiting to see what happens in his battle with Democrat John Gregg. Hayleigh Colombo digs into the campaign finance records. Also in this week’s issue, Scott Olson reports on a proposed development in Broad Ripple that could become the Village’s tallest. And in Focus, Anthony Schoettle explains how Indianapolis Motor Speedway is working to meet revved-up demand for hospitality events.
After years with little construction activity at City Center in Carmel, four projects are expected to break ground this year that will bring more parking, housing and retail to the city’s core, Lindsey Erdody reports. Also in this week’s issue, Anthony Schoettle forecasts the deluge of political ad money headed for Indiana in advance of the May 3 presidential primary. And in A&E Etc., Mike Lopresti analyzes the Pacers’ chances of advancing in the NBA playoffs.
Hoosiers have more than Donald Trump’s bellicose campaign rhetoric to consider when they vote in the Republican presidential primary. Trump has worked on several projects in Indiana, leaving behind big fans and detractors, Hayleigh Colombo reports. Also in this week’s IBJ, Scott Olson explores how the $1 billion Methodist Hospital revamp could spur a housing rush in the area. And Lindsey Erdody examines five major road projects with overlapping timelines along the I-69 corridor.
Plans for a massive Fishers sports complex that its developers said would attract Olympic athletes, NCAA Division II and III teams and a minor-league hockey franchise have seen almost no progress since being unveiled a year ago. Lindsey Erdody takes stock of the project. Also in this week’s issue, Scott Olson details plans for a new downtown hotel that would incorporate the city’s oldest African-American church. And in A&E Etc., Philly-phile Lou Harry weighs in on Hoagies & Hops.
Eli Lilly and Co. is making a play for a market expected to grow to $80 billion by 2020. But to make a dent with its new drug for arthritis, the pharmaceutical giant must prove it’s better than the proven medicines already prescribed, John Russell reports. Also in this week’s issue, Anthony Schoettle takes stock of Visit Indy’s strategy to sink all of its marketing funds for city tourism into digital content. And in A&E Etc., Lou Harry explores the blockbuster exhibit dedicated to 200 years of Indiana art.
Fishers has become a mecca for tech companies, but it didn’t happen overnight and it didn’t happen by accident. Lindsey Erdody explains how Mayor Scott Fadness and launch Fishers CEO John Wechsler shaped an environment for supporting startups. Also in this week’s issue, Lou Harry talks with violinist Zach De Pue about his decision to leave Time for Three just as the group crossover group is developing a national reputation. And Jared Council reports on efforts to start coding programs for young girls and minorities.
Sen. Luke Kenley, R-Noblesville, helps hold the purse strings to the $30 billion state budget, which for some folks might feel like a noose. But Kenley, Senate Republicans’ chief budget writer, is an expert at pulling strings and drawing the line, as Hayleigh Colombo write in her profile of Kenley. Also in this week’s issue, Scott Olson charts the boom in breakfast spots in central Indiana, and Anthony Schoettle explains why crisis communications guru Myra Borshoff decided to hang out her shingle again after retiring in 2014.
The problems at Tindley Accelerated Schools didn’t go away when Chancellor Marcus Robinson resigned. If anything, the change served only to highlight the challenges still facing the once-lauded charter school system, Hayleigh Colombo reports. Also in this week’s issue, John Russell looks deeper into the Athlete’s Business Network and the credentials of its management team members as the group proposes a $500 million sports-medicine complex. And in A&E Etc., Mike Lopresti runs some intriguing scenarios for Indiana teams during March Madness.
A real estate company that is a newcomer to Indianapolis is making a splash with a $260 million development proposal for a site that Indianapolis Public Schools is selling. Find out more about Hendricks Commercial Properties and the money behind it. Also read about the struggles ahead as the city works to find new uses for the Carrier HVAC plant. In addition, read about a red-hot maker of miniature replicas of cars from film and TV, including "Blues Brothers" and "Starsky and Hutch."
