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CHRIS KATTERJOHN Commentary: Having a big time in Little Rock

June 12, 2006

The guy from the Little Rock convention and visitors bureau said it himself: “That first airline ticket to Little Rock is the toughest one.” Maybe so, but I certainly wasn’t a member of the why-in-the-world-arewe-meeting-in-Little-Rock crowd. I was eager to check it out. I must confess, however, the extent of my knowledge about the capital of Arkansas was limited before the meeting I attended there June 1-3. I knew the city was home to many things Bill Clinton and to…

State looking for suggestions for prime downtown land: Request for proposals signals possible sale of parcel near IUPUI, Central Canal

June 12, 2006

Indiana is turning to developers to help brainstorm on what type of development might fit a prime real estate parcel two blocks from the Statehouse. The state owns the three-quarters-ofan-acre site at the intersection of Vermont Street and Indiana Avenue. State officials have determined they can do without the space, which is currently used for state employee parking. The official request for ideas, posted June 7, asks for proposals that might “present the state with the opportunity to realize revenue…

IUPUI again running in the fast lane: Track facility emerges nationally after long absence

June 12, 2006

For its first 15 years after opening in 1982, the Michael A. Carroll Track & Field Stadium on the IUPUI campus hosted a major national or international trackand-field event almost annually. For the last decade, it’s been primarily relegated to charity events and local grade-school championships. But with the first high-profile competition at the track since 1997 scheduled for this month, the venue is poised for rebirth. From June 21-25, it will host the U.S. National Championships-an event organizers hope…

SPORTS: City’s full-court press pays off with tourney victory

June 12, 2006

Before the press conference announcing the Big Ten’s decision about the future of its men’s and women’s basketball tournaments, I pleaded-to no avail-with Conseco Fieldhouse Executive Director Rick Fuson to post a score on the fieldhouse board. Indy 5, Windy 0. He was right in refusing to play along. It’s always good to take the high road. No sense rubbing Chicago’s nose in the news that the Big Ten had awarded the tournaments to our burg for five successive years…

Museum’s battle plan: Conner Prairie seeks boost from Civil War re-enactment

June 5, 2006

There were no Civil War battles fought in central Indiana. That won’t stop 400 soldiers in inhumanely hot wool uniforms from re-enacting a massive battle June 10-11 at Conner Prairie. Confederate and Union flags will wave. Brass instruments will sound. Cannon blasts will shake the trees. Sixty armed men on horses will lead the charge. The fighting will last less than an hour each day. The Hamilton County living-history museum hopes the economic effects last much longer. With the 150th…

Conrad high-rise condos sell fast: Only 4 of 15 residences left; biz leaders among buyers

May 29, 2006

Eli Lilly and Co. President John Lechleiter is among the wealthy buyers who have snapped up all but four of the 15 private residences perched atop the Conrad Hotel downtown. Lechleiter will be on the 23rd floor, one level from the top. Pete Piazza, president of Piazza Produce Inc., will be on the 22nd. And insuranceindustry executive Jack Mead will be on the 21st. The 15 residences fill the top six floors of the new $100 million tower. They start…

Entrepreneurs keep day jobs: Moonlighting helps owners mitigate startup risks

May 29, 2006

Inventions at various stages of development are scattered around Qamar Shafeek’s ranch-style home on Indianapolis’ east side. An unnamed doohickey attached to a curtain rod pulls drapes open and shut along with the sliding glass door. A voice box gadget tells the single father when the garage or side doors open, alerting him to his children’s comings and goings. And a plastic pinwheel with tennis balls attached to the ends is making its way from a napkin-sketch idea to a…

Vacancies and sales spike at Circle Centre: Analysts say mall attracting higher-end shoppers

May 29, 2006

Vacancies at Circle Centre mall hit a five-year high in 2005. But so did salesper-square foot. How does one reconcile the discrepancy? Observers say the mall is luring more high-end consumers with trendier shops despite having a big chunk of open space. “They’ve been incorporating and attracting more productive and upscale retail concepts,” said Terry Sweeney, vice president of real estate development for Indianapolis Downtown Inc. The 10-year-old mall posted $393 in sales per square foot in 2005, up from…

STAYING POWER: Bryant in sixth decade as racing sponsor at Brickyard

May 22, 2006

What started as a few-thousand-dollar investment to put a company logo on Eddie Johnson’s 1958 Indianapolis 500 car is now a year-round marketing commitment for Bryant Heating & Cooling Systems, valued in the annual mid-six-figure range, to sponsor an Indy Racing League team for the entire season. For 48 years, Bryant’s logo has adorned the sidepod of an open-wheel race car at the Brickyard, as the company has increasingly used the race-and later the entire IRL series-in its marketing and…

Pedcor Development plans $14 million design center: Carmel retail facility aimed at builders, homeowners

May 22, 2006

You can add a massive retail home design and decor retail center to Pedcor Development Co.’s lengthy project list in Carmel’s downtown district. Pedcor, which is responsible for much of the development going on in downtown Carmel these days, is expected to break ground this summer on a $14 million Indiana Design Center, an 85,000-square-foot, two-story, one-stop shopping spot for homeowners and builders. An assortment of 20 to 25 retailers that sell everything from bathroom faucets to antiques is expected…

VOICES FROM THE INDUSTRY: Late urban planner’s ideas still hold lesson for today

May 22, 2006

Jane Jacobs passed away in late April. This working mother with no formal education in urban planning wrote the book that revolutionized the way we thought -and still think-about cities. “The Death and Life of American Cities,” first published by Vintage Books in 1961, became the equivalent of the “Art of War” by Sun Tzu in the fight against “urban renewal” in the 1960s. Ms. Jacobs’ enemies in the 1960s probably thought she was tougher on them than Sun Tzu…

CD-burning kiosks debut: Four years of work on the line for local media-technology company

May 15, 2006

As the after-work rush of customers came into a south-side Karma music store on a recent Wednesday, some wandered up to a new kiosk and gave it a whirl. It was the public’s first look at CD-burning technology, developed by local entrepreneurs, that allows customers to pick songs and immediately burn a CD mix before leaving the store. If consumers like the kiosks, backers hope to sell video games, movies and even concert tickets through the terminals, which could be…

TAWN PARENT Commentary: Scattered images from abroad

May 8, 2006

We landed in the Marble City, nearly blinded by the light and the white and the reflection of it all. I think of Athens as the Marble City because of its many ruins, but also because of all the other marble buildings and the slippery marble sidewalks and, in our apartment, the marble walls and floors and marble countertops that make so much noise when you set your cup down. We felt compelled to bring some marble home with us….

BEHIND THE NEWS: Former Brightpoint worker gets boost from defender

May 1, 2006

B r i g h t p o i n t Inc.’s former director of risk management, Timothy Harcharik, doesn’t have a high-powered legal defense team. His federal public defender, James McKinley, is accustomed to representing people accused of drug crimes, not those charged with participating in a multimillion-dollar accounting fraud. But McKinley has done right by Harcharik so far. On April 20, federal Judge Larry McKinney of Indianapolis dismissed the indictment against Harcharik, siding with McKinley in a months-long…

Jazz Fest loses pair of sponsors: This year’s show will go on, but future events in danger

May 1, 2006

Until late April, fund raising for the annual musical event was on track. But then a pair of major sponsors revealed they would no longer underwrite the festival. Now its future may be in doubt. “We really need to have the festival fully funded to sustain its business model,” said Indy Jazz Fest Producer Helen Small, who also is president of the Indianapolis-based American Pianists Association. “In no way is it guaranteed that the festival will be here forever for…

Cleveland tech firm going west: Parker Hannifin falls short of employment promises, plans to leave Intech Park

May 1, 2006

A Cleveland-based technology giant plans to move its Intech Park operation next month, leaving behind some attractive office space and a broken promise to create jobs. Parker Hannifin Corp. will consolidate its Indianapolis location into a California site, spokesman Jim Cartwright said. It should empty its 30,700-square-foot offices in the park’s Intech 10 building by the end of June. The move will have no impact on Parker Hannifin’s Tell City production facility, which employs about 100 people who make industrial…

Medical office boom to hit intersection on south side: Developers race to scoop up acreage in area, enticed by proximity to hospitals, Interstate 65

May 1, 2006

A south-side intersection that didn’t even have a connection to nearby Interstate 65 a few years ago soon will become saturated with medical offices and a long-term, acute-care hospital. Greenwood developer Allen Commercial Group has plans to build four medical office buildings near the intersection of Emerson Avenue and County Line Road, less than a mile south of St. Francis Hospital-Indianapolis. Some of that work has begun. In addition, Indianapolis-based Lauth Property Group Inc. is planning two more office buildings…

Required agent, broker education now available online: Rule change gives them option of Web or classroom

April 24, 2006

Indiana real estate agents and brokers need not venture outside the comforts of their homes to complete continuing-education requirements, thanks to a rule change allowing providers to offer courses online. Licenses expire every two years, and 16 hours of continuing education must be completed in that span for professionals to remain in good standing. The Indiana Real Estate Commission adopted the change that took effect April 1. “Rather than having to go to a hotel room or a physical classroom…

Real estate club members gain industry knowledge: Indiana University organization enjoys growth spurt

April 24, 2006

As the new headquarters building for Simon Property Group Inc. was going up downtown last fall, a group of Indiana University students donned hard hats and toured the 13-story building. After riding the construction elevator to the top floor, students got a bird’s-eye view of the city and a firsthand account from the developers about the building’s cost, size and challenges in constructing it. The students were members of the IU Real Estate Club, and the tour of the 350,000-square-foot…

Real estate experts examine the market: Indianapolis in good shape overall, panelists say, but job growth, incentive issues, among concerns

April 24, 2006

On April 14, as part of its Power Breakfast Series, the Indianapolis Business Journal gathered a panel of commercial real estate and construction experts to discuss industry conditions in the local market. In a discussion moderated by IBJ Editor Tom Harton, panelists took on a wide range of issues, including tax incentives and the status of downtown’s residential and retail markets. Power Breakfast guests were Mike Curless, executive vice president and principal with Lauth Property Group; Mike Wells, president of…

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Articles

CHRIS KATTERJOHN Commentary: Having a big time in Little Rock

State looking for suggestions for prime downtown land: Request for proposals signals possible sale of parcel near IUPUI, Central Canal

IUPUI again running in the fast lane: Track facility emerges nationally after long absence

SPORTS: City’s full-court press pays off with tourney victory

Museum’s battle plan: Conner Prairie seeks boost from Civil War re-enactment

Conrad high-rise condos sell fast: Only 4 of 15 residences left; biz leaders among buyers

Entrepreneurs keep day jobs: Moonlighting helps owners mitigate startup risks

Vacancies and sales spike at Circle Centre: Analysts say mall attracting higher-end shoppers

STAYING POWER: Bryant in sixth decade as racing sponsor at Brickyard

Pedcor Development plans $14 million design center: Carmel retail facility aimed at builders, homeowners

VOICES FROM THE INDUSTRY: Late urban planner’s ideas still hold lesson for today

CD-burning kiosks debut: Four years of work on the line for local media-technology company

TAWN PARENT Commentary: Scattered images from abroad

BEHIND THE NEWS: Former Brightpoint worker gets boost from defender

Jazz Fest loses pair of sponsors: This year’s show will go on, but future events in danger

Cleveland tech firm going west: Parker Hannifin falls short of employment promises, plans to leave Intech Park

Medical office boom to hit intersection on south side: Developers race to scoop up acreage in area, enticed by proximity to hospitals, Interstate 65

Required agent, broker education now available online: Rule change gives them option of Web or classroom

Real estate club members gain industry knowledge: Indiana University organization enjoys growth spurt

Real estate experts examine the market: Indianapolis in good shape overall, panelists say, but job growth, incentive issues, among concerns