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Study shows lack of women law partners: City firms rank below national average of 17 percent

February 7, 2005

Prominent local attorney Virginia Dill McCarty earned her law degree from Indiana University in 1950, the only woman to do so at the school that year. That trend certainly has changed since then, with far more women entering the bar. Still, the number of women at the highest levels of most law firms is far smaller than many expect it should be, according to a report from the National Association for Law Placement in Washington, D.C. In Indianapolis last year,…

JOHN KETZENBERGER Commentary: A line on city’s stadium plan

January 31, 2005

Don’t bet on gambling revenue as the source of money that nearly doubles the size of the Indiana Convention Center and builds a new stadium just across the railroad tracks. The smart money rides on the notion Sen. Luke Kenley, R-Noblesville, will take up Mayor Bart Peterson’s invitation to find another source of revenue to back the bonds for the $900 million project. The chairman of the newly created Senate Tax and Fiscal Policy Committee isn’t being coy by revealing…

NOTIONS: Modest proposal to make regional officials heroes

January 31, 2005

TO: Elected officials in Boone, Hamilton, Hancock, Hendricks, Johnson, Madison, Morgan and Shelby counties FROM: Bruce Hetrick, Marion County Center Township peon Years ago, I wrote an advertisement for my boss. Under the headline “A different drummer,” it began: “One way to lead is to find a parade and step before it. A better way is to start the parade and keep it going.” Well, my friends, as stewards of central Indiana’s suburban communities, you face an unprecedented opportunity to…

BEHIND THE NEWS: REIT run leaves analysts ‘worried and optimistic’Ex-executive settles with SEC

January 31, 2005

Mall developer Simon Property Group Inc. and many of the nation’s other top real estate investment trusts have earned investors huge returns since 2000, so huge that continued gains seem unlikely. Or do they? That’s the million-dollar question as investors close the book on 2004, one of the best years in the history of REITs. For the 12 months, Simon posted a total return of 47 percent, while REITs overall returned 31 percent. It was the fifth straight year REITs…

Duke scratches spec itch on far north side: Nine Parkwood doesn’t signal new building boom

January 31, 2005

A strong leasing year in the Meridian corridor Class A office submarket led Duke Realty Corp. to break ground on a speculative office building, but local experts don’t expect other developers to follow Duke’s lead anytime soon. Site work has begun on Nine Parkwood Crossing, the final building in Indianapolis-based Duke’s project on 96th Street east of Meridian Street. Completion is set for January 2006. Minnesota-based American Family Insurance will occupy 45,000 square feet of the building, moving its offices…

WellPoint gets warm welcome on market: Analysts see many reasons for stock’s attractiveness

January 31, 2005

The new year dawned bright for WellPoint Inc., with the freshly formed company’s stock price in the middle of what one analyst called “somewhat extraordinary” growth. Shares for the insurer jumped nearly $8 apiece on Dec. 1 to close at $109.10 the first day they traded under the WellPoint Inc. name. Before that date, the shares traded under Anthem Inc. Steady growth continued from there. The price hit a 52-week high Jan. 19 when it closed at $123.60, according to…

Employers target obesity through wellness programs: Overweight workers contribute to higher health costs

January 31, 2005

Companies enjoy seeing an increase in their bottom line as a reflection of positive growth. They don’t, however, like to see growth in employee “bottoms,” as evidenced by a national obesity epidemic that is becoming a public health crisis and is cutting into corporate profits through increased health care costs. A study by the not-for-profit, nonpartisan Trust for America’s Health reported that nearly 119 million American adults-65 percent-are overweight or obese. The group warns that obesity may soon overtake tobacco…

STATEHOUSE DISPATCH: Boards and commissions moratorium prompts concern

January 31, 2005

Expect House Bill 1188, authored by Rep. Rich McClain, R-Logansport, and awaiting a hearing in the new Committee on Government and Regulatory Reform, to provoke a lot of questions and controversy. In fact, the measure already has caused some panic among assorted business, professional, trade and local government interests. McClain’s measure, which should receive a favorable reception in the new panel chaired by red-tape-busting Rep. Jim Buck, R-Kokomo, would place a one-year moratorium on the operation of all-yes, all-statutorily created…

Telecom bill would cut power of state regulators:

January 31, 2005

Legislation backed by SBC Indiana would dial down the state’s authority to regulate telecommunications in the face of new competition from wireless and cable TV providers. House Bill 1518 likely faces static from regulators and consumer interests in its call to block the Indiana Utility Regulatory Commission from setting pricing and terms on basic phone service after 2007, and to strip the agency’s leverage over broadband services. As a practical matter, the IURC already lacks authority on broadband, given previous…

Malpractice proposals clash with Indiana law: Federal reform efforts could create confusion

January 31, 2005

President Bush’s proposal to lower health care costs by capping medical malpractice awards could create questions in Indiana, where state lawmakers passed similar legislation 30 years ago. Bush made his case to reform health care earlier this month in Madison County, Ill., across the Mississippi River from St. Louis. The American Tort Reform Association has called the county the “judicial hellhole” of the nation because of a reputation for huge jury awards won by plaintiffs. The president wants to place…

Studies praised, panned in convention, stadium debate: Proponents say marketplace provides more evidence

January 31, 2005

Numbers may well tell the story about the need for a larger convention center and new stadium in Indianapolis, but the question remains: Is it fact or fiction? Even as proponents work to sell lawmakers on a plan to expand the Indiana Convention Center and replace the RCA Dome, some skeptics aren’t sold on all the information used to make the case. “There are a lot of questions [decision makers] ought to be asking,” said Rick Eckstein, a Villanova University…

SPORTS: Old-timers lace ’em up for big game in Miami

January 31, 2005

MIAMI-As individuals, we are a psychiatrist, a dentist, a college fund-raiser, a couple of small-businessmen, a couple of distributors of adult beverages, and one old and mostly broken-down sportswriter. But, collectively, we are a basketball team, wearing the uniforms of the Indiana Pacers, our names sewn on the backs; receiving first-class coaching and instruction; practicing on the floor of Conseco Fieldhouse; road-tripping to Miami; staying in premium digs; having team meals; getting pregame inspiration from none other than Pacers coaching…

ECONOMIC ANALYSIS: Convention centers as economic development

January 31, 2005

It was more than 50 years ago that suburban growth began to explode and central cities haven’t been the same since. Businesses have gradually followed new housing and population growth out to the fringes of one urban area after another over the decades, to the detriment of many a downtown. The trend continues unabated and the central business districts in some large and medium-size cities have yet to recover. Their vibrant, dominant role in economic activity is just a memory,…

New plan, player for tower: Facing deadline, developer hopes design shift lures buyers

January 24, 2005

Developers struggling to meet the pre-sale threshold for high-rise condos on the Market Square Arena site have tapped a Chicago firm to formulate a more marketable mix for the first phase. Mesa Development LLC is working with the team on a fee basis, said Terry Parrott, manager of Market Square Partners, which was chosen nearly a year ago to build twin 29-story, 225-unit condominium towers and 175,000 square feet of retail space on the four-acre site formerly occupied by Market…

CHRIS KATTERJOHN Commentary: Help celebrate our 25th year

January 24, 2005

You, too, can be published in IBJ. As part of our 25th anniversary celebration, we’re inviting readers to submit their thoughts on how Indianapolis has changed over the last 25 years. The best-written and most compelling submission will be included in our IBJ silver anniversary commemorative publication, enclosed for subscribers with their April 25 issue. Here are the details: Keep your essay between 500 and 800 words, and send it to us at [email protected]. Or log on to www.ibj.com, and…

EYE ON THE PIE: Airline and transit service linked

January 24, 2005

“So, what do you think about our new governor?” State Rep. Roberta Righteous asked as we met for breakfast. “No comment,” I said, studying the menu. “Until we have his financial program on the table and a chance to think about it, any judgments are premature.” “But he’s already set a tone,” the longterm representative replied. “Other than an injudicious inaugural reference to barn-building in an overwhelmingly urban state, there’s nothing to commend or condemn. The administrative changes he has…

Indy heart care offerings expand once again: St. Francis polishes cardiac and vascular center

January 24, 2005

Furniture movers and technology testers have taken center stage as St. Francis Hospital and Health Centers prepares to become the latest Indianapolis provider to flex its cardiac care muscle. On March 1, St. Francis will accept the first patient for a $70 million Cardiac Vascular Care Center addition to its south campus. The new center will include an operating room with the latest electronic connections to patient information among other selling points. One item it won’t provide is a conclusive…

Indiana IPOs break out of recent slump: Kite Realty, Republic Airways, Adesa among 5 state firms to test public waters

January 24, 2005

Hoosier-based companies registered five initial public offerings last year, a robust number considering not a single Indiana business went public in 2003. The uptick could signal the state’s economy, as well as the nation’s, is on the mend. Nationally, 233 companies raised $43 billion collectively to go public on the major U.S. stock exchanges in 2004, a 195-percent increase in the number of IPOs over 2003. And the performance could be even stronger this year, said Richard Peterson, a market…

SPORTS: Only one team wins it all, so enjoy the journey

January 24, 2005

Oh, the agony, the anger, the apoplexy and the “Apocalypse Now” reaction to the Indianapolis Colts’ sorry defeat at New England. It called into mind a quote from Mike Tice, the embattled coach of the Minnesota Vikings, following his team’s playoffs demise. “The NFL is so sudden,” he said. Is it ever. Suddenly, it seemed, the Colts were everybody’s darlings. Suddenly, the Colts were everybody’s dogs. All in the time and space of a snowy, late January afternoon in Massachusetts….

NCAA Women’s Final Four brings new opportunity: Demographics will decide who benefits from event

January 24, 2005

The $20 million economic impact forecasted for this year’s NCAA women’s basketball Final Four is about $10 million below the men’s event. That doesn’t mean it isn’t an important opportunity for Indianapolis, which will host the event for the first time in April. “This is an important audience for Indianapolis to be in front of,” said Susan Williams, Indiana Sports Corp. board member and co-chairwoman of the local organizing committee for the women’s Final Four. “It’s a different audience than…

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Articles

Study shows lack of women law partners: City firms rank below national average of 17 percent

JOHN KETZENBERGER Commentary: A line on city’s stadium plan

NOTIONS: Modest proposal to make regional officials heroes

BEHIND THE NEWS: REIT run leaves analysts ‘worried and optimistic’Ex-executive settles with SEC

Duke scratches spec itch on far north side: Nine Parkwood doesn’t signal new building boom

WellPoint gets warm welcome on market: Analysts see many reasons for stock’s attractiveness

Employers target obesity through wellness programs: Overweight workers contribute to higher health costs

STATEHOUSE DISPATCH: Boards and commissions moratorium prompts concern

Telecom bill would cut power of state regulators:

Malpractice proposals clash with Indiana law: Federal reform efforts could create confusion

Studies praised, panned in convention, stadium debate: Proponents say marketplace provides more evidence

SPORTS: Old-timers lace ’em up for big game in Miami

ECONOMIC ANALYSIS: Convention centers as economic development

New plan, player for tower: Facing deadline, developer hopes design shift lures buyers

CHRIS KATTERJOHN Commentary: Help celebrate our 25th year

EYE ON THE PIE: Airline and transit service linked

Indy heart care offerings expand once again: St. Francis polishes cardiac and vascular center

Indiana IPOs break out of recent slump: Kite Realty, Republic Airways, Adesa among 5 state firms to test public waters

SPORTS: Only one team wins it all, so enjoy the journey

NCAA Women’s Final Four brings new opportunity: Demographics will decide who benefits from event