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Articles

VOICES FROM THE INDUSTRY: The right time for climate change may finally be here

February 11, 2008

While the world’s political climate is heating up, its economic climate is cooling down. Meanwhile, the real climate is finally getting the attention it really deserves, as the “tipping point” has been reached. Green is everywhere these days. New York Times For homes that no longer grow in value. If the personal consumption rates in China rose to the levels of the United States, annual oil consumption in the world would go up more than 100 percent! Oil consumption in…

Green group touts its mission in HQ project:

February 11, 2008

The Fountain Square property that Keep Indianapolis Beautiful Inc. has purchased to house its headquarters is undergoing a massive renovation that will transform it from abandoned derelict to an environmental showpiece. In the process, the not-for-profit environmental group is hoping to set a green example for other developments and draw attention to its mission. KIB bought the building at the corner of Fletcher and Shelby streets for $410,000 in October from the Southeast Development Neighborhood Corp. A $1.3 million redevelopment…

Veterans group moving downtown

February 5, 2008

The Hoosier Veterans Assistance Foundation is renovating a two-story building near the Central Library to serve as its new headquarters. The not-for-profit group, which now is located at the former…

Demand for adult day care rises with aging population: Joy’s House, other local facilities expecting growth

February 4, 2008

Joy’s House on Broad Ripple Avenue provides day care services for 23 people. Often at or near capacity, the not-for-profit is raising funds to build a $1.6 million addition that will quadruple its current size. The cramped quarters, where activities include shooting balls in pint-size basketball hoops, underscores the need for extra space. And the participants are not children; they’re adults-the parents of baby boomers who’ve been thrust into the role of care giver. Adult day care centers steadily are…

Eatery plans baby cuisine: L’explorateur chef developing line of frozen, gourmet infant food

January 21, 2008

Local restaurateur Neal Brown is entering new culinary territory this month, launching a baby food business from his upscale Broad Ripple eatery. The 37-year-old first forged new ground in the Indianapolis food scene in May 2006, when he opened L’explorateur, a hip restaurant that builds its avantgarde menu around locally grown food. His kid cuisine won’t be quite as cutting-edge as the grown-up grub-think elk tartar: raw ground elk meat seasoned and topped with herbs, capers, greens and braised, pickled…

Long Thompson backs I-69 extension

January 16, 2008

Governor hopeful Jill Long Thompson told a group in Bloomington yesterday that she supports the Interstate 69 extension from Indianapolis to Evansville. The former congresswoman is running to become the Democratic nominee to face Indiana Gov. Mitch Daniels in the general election this fall. She said the extension is needed to link Evansville to Indianapolis, […]

Mental health docs tap executive market: Carmel’s Indiana Health Group opens high-end suite

January 14, 2008

Greg Sipes likens the new executiveservices suite he and his partners opened three months ago to a BMW. Its quality is solid, to be sure, but what makes people want to drive it is its look and feel. It’s an apt comparison for the 2,500-square-foot wing of the new offices of Sipes’ behavioral health practice, Indiana Health Group. A set of boardroom-like double doors leads to a waiting room with shiny hardwood floors, dark wood paneling, plush rugs, overstuffed chairs…

Financial Planning Titles: A list of acronyms after an adviser’s name might look impressive, but those seeking credible advice need to sort through designations

January 7, 2008

inancial F Planning Titles A list of acronyms after an adviser’s name might look impressive, but those seeking credible advice need to sort through designations Investing your money is overwhelming enough already-especially with all the available options-without having to fret over whether a financial adviser has the credentials to keep your retirement account afloat. Sure, there are a litany of fancy titles financial planners can earn that may help ease your concerns. But what do they really mean? With more…

Developers have new plans for corner

December 31, 2007

The retail juggernaut at 86th Street and Keystone Avenue could get even stronger in the next several years. Locally based
Premier Properties USA Inc. revealed plans in 2007 for a $750 million redevelopment of a prime corner near The Fashion Mall
at Keystone.

Of battles won and trouble ahead: Peterson says state action key to city’s future

December 31, 2007

Democrat Bart Peterson leaves office in early January after two terms as mayor of Indianapolis. Succeeding him will be Republican Greg Ballard, a former lieutenant colonel in the U.S. Marine Corps who parlayed property-tax outrage into a surprise win. As Peterson, 49, prepared to leave office, he sat down with IBJ. The following is an edited version of the interview. IBJ: You didn’t expect to be stepping down this year. What was the most significant priority you had planned for…

ECONOMIC ANALYSIS: Indiana’s economy: The fundamentals are in place

December 31, 2007

Predicting the size and scope of economic activity for the nation, state and region is one of the more important roles played by university economists. But 2008 is the kind of year that really tests economic forecasting. The Bureau of Business Research just released its forecasts for Indiana and two regional labor markets. In total, we examined eight different data series and have stressed the performance of net employment and wages. Our forecast is fairly optimistic. We predict job growth…

Ballard transition led by GOP insiders, business executives: 24 local leaders size up city for new mayor

December 24, 2007

With little encouragement and less financial support, mayor-elect Greg Ballard was forced to campaign as a longshot outsider. But his surprise election turned the tables. In the last six weeks, he’s been embraced quickly by Marion County’s Republican elite. And his transition team is stacked with insiders. To prepare an administration in less than two months, Ballard assembled a transition team of 24 local leaders, who then pulled in 150 volunteers to examine the current shape of city and county…

Local chocolate firm leads organic pack: Endangered Species enjoys soaring sales, employment

December 17, 2007

While Hershey, Pa., may be considered the chocolate capital of the United States, Indianapolis is home to one of the fastest – growing and most fascinating makers of the sweet treat. Though it was founded in Oregon in 1993, Endangered Species Chocolate Co. has achieved most of its growth since being acquired and transplanted to Hoosier soil in 2005 by Wayne Zink and Randy Deer. Curt VanderMeer joined the company shortly after it came to Indianapolis; he became the third…

EYE ON THE PIE: The soul-searing side of shopping

December 17, 2007

For me, shopping at any time, any place is an ordeal. However, from time to time, I am pressed into service by our household purchasing agent. My role is either to be a surrogate buyer or just the designated driver/hauler. When a surrogate I am sent out with lists of desired substances. These lists might work for a less conscientious, or more sophisticated, person. After all, five pounds of sugar or flour can mean only just that. However, I find…

When work no longer satisfies, execs answer charity’s call

December 17, 2007

When Jim Cotterill became president of the newly formed Hoosier Christian Foundation in August, it capped off six years of
soul-searching for the Indianapolis entrepreneur. Cotterill represents growing numbers of local business professionals who
have diverted their time and talent to charity and service.

Biz issues move to back seat: Property-tax reform leaves little time for other work

December 10, 2007

Reforming the state’s property tax system will consume so much of the legislative session that the Indiana General Assembly isn’t expected to give much attention to other issues pertinent to the business community. Compounding matters is the fact that the session, which runs from mid-January to mid-March, is of the short variety, meaning legislators have less time to debate issues than they would during the long, odd-year meetings. “I think [property tax reform] is the most intense and voluminous issue…

Commentary: A foreign investment that is sure to pay off

December 10, 2007

As the year draws to a close, the business community remains focused on taxes and the health of the economy. The governor’s privatization of the Indiana Toll Road generated a windfall of $3 billion. If managed properly, that money should fund Indiana’s road and bridge repair work. However, perhaps we should consider investing some of the interest to radically change our stature in the global economy. Canada possesses coastlines along the Atlantic, Pacific and Arctic oceans; has abundant natural resources,…

‘BUILD YOUR BUSINESS by investing in it’:

November 26, 2007

Creative Street Media Group has come a long way-literally and figuratively-from its humble beginnings 23 years ago. The small video production company has become a corporate conglomerate, with 67 employees in five facilities who handle everything from promotional materials to interactive education. Oh yeah, and they also crank out some award-winning TV shows-like the Emmy Award-winning “Vietnam Nurses with Dana Delany.” For all its progress, Creative Street is not done growing. Any day now, the company will expand its reach…

City law firm a key player in GOP wins

November 19, 2007

Three members of a small, young, downtown law firm played key rolls in Republican election wins this month, boosting the firm’s
profile as it tackles aggressive growth plans that include beefing up its lobbying business. John Lewis and Wilkins LLP set
up shop on Monument Circle in 2005 and since then has grown from the three attorneys to 11.

PROFILE: Ivy House Bed and Breakfast: Couple turns house into Hoosier getaway Labor of love keeps innkeepers committed for the long haul

November 19, 2007

Ivy House Bed and Breakfast Couple turns house into Hoosier getaway Labor of love keeps innkeepers committed for the long haul Running a bed-and-breakfast can be difficult-it’s hard enough, in fact, that the average innkeeper lasts only seven years before calling it quits, said Fortville B&B owner Linda Nolte. Fortunately for her guests at Ivy House Bed and Breakfast, Nolte and her husband, Jim, are the exceptions. “We’re already in our seventh year, and we hope to exceed that by…

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