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Articles

Fuel costs could nip flights at 3 Indiana airports

June 26, 2008

Airports in Evansville, Fort Wayne and South Bend are in danger of losing air service due to the rising cost of aviation fuel, says a study released yesterday by a consumer group. The Business Travel Coalition, which advocates for lower business-travel costs, today planned to discuss the 50 regional airports identified in its study during […]

ATA assets headed toward auction

June 24, 2008

Bankrupt ATA Airlines aims to land court approval Friday to conduct a massive auction of assets next month in Indianapolis and Chicago. “This will be one of the biggest auction events in Indy this year,” states the Web site of Key Auctioneers. ATA wants the Avon firm to conduct the auction July 22 at ATA’s […]

UPDATE: New tourism chief known for energy

June 20, 2008

Seattle hospitality leaders say Indianapolis made a good choice in selecting current Seattle Convention and Visitors Bureau CEO Donald P. Welsh as its new tourism leader. “[Welsh] has been a driving force in getting the state to talk about tourism and engaging the governor and mayor,” said Anthony Anton, president of the Washington Restaurant Association. […]

Flagship rises over post-GM town

June 16, 2008

Flagship rises over post-GM town Incubator has helped preserve automotive talent base, foster diverse businesses ANDERSON – Along Interstate 69, in a new industrial building with side-windows covered in paper to foil prying eyes, Altair Nanotechnologies is perfecting a ceramic oxide battery with three times the power of a conventional lithium battery. Up the road, […]

VOICES FROM THE INDUSTRY: Logistics still driving central Indiana industrial market

June 16, 2008

For the past 10-plus years, central Indiana has benefitted from growth in the distribution/logistics industry with hundreds of new jobs and millions of square feet of new facilities. We’ve seen massive facilities go up one right after another, often topping the square footage of our tallest downtown skyscrapers. In the past eight years alone, the square footage of central Indiana distribution centers has more than doubled from 20 million square feet to 51 million square feet. And we’re not just…

Flagship rises over post-GM town: Incubator has helped preserve automotive talent base, foster diverse businesses

June 16, 2008

ANDERSON – Along Interstate 69, in a new industrial building with side-windows covered in paper to foil prying eyes, Altair Nanotechnologies is perfecting a ceramic oxide battery with three times the power of a conventional lithium battery. Up the road, Comfort Motion Technologies has written software to make a car’s power seat jiggle ever so subtly, to keep one’s back, butt and thighs comfortable on long drives. And everybody is keeping an eye on Pete Bitar, whose green laser device…

Return Weir Cook to airport title?

June 3, 2008

Weir Cook has been dead a long time, since 1943, but a military veterans group wants to bring his name
back to what is now Indianapolis International Airport.

The war heroâ??s name was on the airport from 1944, a…

Local restaurants land at airport

May 29, 2008

Top-name Indianapolis restaurants including Shapiro’s Deli, Harry & Izzy’s, Scholar’s Inn and Slippery Noodle Inn could land restaurants at the new…

VIEWPOINT: Expect disruptions at midfield terminal

May 26, 2008

What frequent travelers dislike is disruption, and that’s in your future if you travel through Indianapolis International Airport. If you’re a frequent traveler like me, you’ll need to be patient and learn some new tricks. Due to open late this fall, the terminal is a huge shift, with its own entrance off Interstate 70. Don’t go to the old terminal and look for a route to the new one, because there isn’t a convenient one. The airport parking lots you’ve…

Move over ‘Super 70’-this one is really big: Department of Transportation hoping for summer launch of study to add truck lanes to 800 miles of I-70

May 26, 2008

Imagine driving the car down an interstate highway devoid of tractor trailers. It could dramatically improve traffic flow and safety, but it would sever supply chains and bring manufacturing to a halt-to say nothing of the state’s logistics industry. But how about putting those trucks in their own lanes, separated from cars and light trucks? What seemed merely a fanciful concept for Interstate 70 when highway planners tossed it out about a year ago is gaining momentum. The Indiana Department…

Construction behemoth Skanska sees potential in Indy: U.S. division of Swedish-based company sets sights on health care, education, pharmaceutical building sectors

May 26, 2008

New Jersey-based Skanska USA Building Inc., a division of the $23 billion Swedish construction powerhouse Skanska AB, arrived in Indianapolis in April. Named last year as the top green contractor in the nation by Engineering News-Record magazine, Skanska USA is recognized in particular for its projects in the health care, higher education and pharmaceutical sectors. Its largest project, however, is the $998 million Meadowlands football stadium under construction in New Jersey. Locally, Terry Parrott, 50, is in charge of operations….

NOTIONS: High above Sedona, grateful for trust

May 26, 2008

Just after dawn a few weeks ago, my wife, Cherí, drove me to the Indianapolis airport. At the Hertz lot, I kissed her goodbye and went inside to rent a minivan. In the parking lot, I wiped the morning dew off the windshield, popped Harlan Coben’s latest pageturner into the CD player, and cranked up the volume. Stopping only twice for combined food/gas/bio breaks, I drove 700 miles through the rich farmland of Indiana and Ohio, across a corner of…

EYE ON THE PIE: Globalization in the fast-food business

May 26, 2008

My buddy Andy hates his name. He suffers because his parents were excessively influenced by “Wheel of Fortune” and named him Andreas Fawlty Towers. After years of teasing, Andy now hates just about everything. For example, he and I were having lunch at the redesigned “Steak, Shake and Sushi” as he complained about the new menu. “Foreign foods,” he said, groaning. “They take a perfectly fine menu of American classics and add something no one ought to eat. It’s bad…

Bowl bid plays up party atmosphere

May 20, 2008

ATLANTA-Indianapolis’ bid to host the 2012 Super Bowl calls for turning downtown into a big party, complete with massive fire pits to keep revelers warm. Officials hope to beat out Indianapolis’ larger rivals-Phoenix and Houston-in part by casting the city’s smaller size as a strength. “When the Super Bowl comes to Indianapolis, the NFL will […]

BOONE COUNTY: Distribution/warehousing still rule

May 19, 2008

BOONE COUNTY Distribution/warehousing still rule Duke looking to rail potential in Lebanon while Whitestown heats up LEBANON-The economy might be slowing like a down-shifting Mack truck, but Boone County’s economic development engine of warehousing and distribution keeps accelerating. The sector now accounts for more than 25 percent of the tax revenue in the county seat […]

DeBartolo to buy Metropolis from Dominion Capital

May 19, 2008

Tampa, Fla.-based DeBartolo Development has reached a preliminary agreement to buy Plainfield’s Metropolis mall out of foreclosure
and hopes to hook Macy’s and Bass Pro Shops to anchor a second phase.

Land banking: Banks grab top sites for branches, often years before they build

May 19, 2008

Many of central Indiana’s banks are filling their own safe-deposit boxes, but they’re not stuffing them with jewelry, legal documents or blackmail material. They’re banking parcels of land. The sites often are in fast-growing suburbs or redevelopment areas that hold potential for new brickand-mortar bank branches, sometimes several years down the road. Competition can be fierce for the prime sites, and other financial institutions aren’t the only nemesis for banks: Walgreens and CVS also are fighting over the best ground,…

Airport contractor accused of faulty work in New York

May 5, 2008

An Indianapolis firm helping oversee construction of the city’s $1.2 billion midfield terminal is facing accusations from
Southwest Airlines that it failed to ensure the quality of a $12.4 million concrete apron at Long Island MacArthur Airport.

Airline meltdown creates minimal impact – so far: But potential route cutbacks a concern at airport

April 28, 2008

Two airlines that filed bankruptcy this month might cost creditor Indianapolis International Airport $1 million, airport financial records indicate. And high jet fuel prices that helped doom ATA Airlines and sent Frontier Airlines restructuring this month could become a bigger blip on Indianapolis’ radar later, if airline dominoes keep falling. The health of airlines that fly here bears watching because Indianapolis needs to sustain strong revenue streams from airline rents and fees to cover the cost of the $1.2 billion…

VOICES FROM THE INDUSTRY: Intermodal is key to Indiana’s future crossroads identity

April 28, 2008

Earlier this year, the Wall Street Journal ran a front-page story about rail’s resurgence as a means for moving goods across the country. The story described the federal dollars being spent to fuel this railroad recovery, as well as the private sector investments being made and the economic benefits waiting for cities that get involved. The story included a map with thick, colored lines representing the key rail systems connecting the Midwest to the coasts. It took only a quick…

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