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Simon’s 20-year run has made investors a bundle

October 17, 2013

Simon Property Group now is the largest real estate company in the world and has a stock market value of $59 billion. That’s $6 billion more than Eli Lilly and Co., not that Simon's hypercompetitive CEO, David Simon, has noticed.

Developer unveils plans for former Central State site

October 17, 2013

Plans for the proposed $5 million redevelopment show a mix of uses, including student housing, event space, office and industrial space and even the possibility of a brewery.

Gene Glick was a soldier, a builder and a philanthropic giant

October 3, 2013

Gene Biccard Glick, who died at home following a long battle with Alzheimer’s disease, built affordable housing sprawling across 10 states—a business empire that paved the way for tens of millions of dollars in donations to causes ranging from medicine to recreation.

Wheeler Mission lands $1M grant to help with expansion

October 3, 2013

Wheeler Mission Ministries Inc. said Wednesday that it has received a donation from the Nina Mason Pulliam Charitable Trust that will allow it to start construction on a new facility next to its shelter at 520 E. Market St. in downtown Indianapolis.

Skywalk adds architectural element to senior-housing project

September 20, 2013

Two four-story structures, at the southwest and northwest corners of 30th and Clifton streets, will be built as part of a $10.7 million project that will include 57 units linked by an elevated walkway.

Canadian firm buys former Fundex HQ for $3.7M

August 1, 2013

Dalfen American Corp. of Montreal acquired the 110,000-square-foot building in an auction Wednesday following the bankruptcy of the Plainfield-based game maker.

Small-business group absorbed by state was ailing

July 18, 2013

Gov. Mike Pence in June signed an executive order that folded a tiny northern Indiana not-for-profit called Partners in Contracting Corp. into a new state Office of Small Business and Entrepreneurship. What he didn’t say was that Partners in Contracting was in trouble and likely would have folded operations had the state not stepped in.

Northside office complex might fetch more than $40M

July 9, 2013

The three buildings near I-465 and North Meridian Street that make up Meridian Corporate Plaza were lost by Lauth Investment Properties LLC in its bankruptcy reorganization.

Obamacare rebates total $22.6M in Indiana

June 24, 2013

Indiana consumers are set to receive rebates that are 59 percent larger this year as Obamacare continues to force health insurers to refund premiums that exceed actual medical claims by more than 20 percent.

Building for game maker Fundex set for July auction

June 13, 2013

One of the last remnants of the bankrupt game maker and distributor is set to be sold at auction next month. The parent of the company that makes the iconic Slinky bought Fundex in December.

Kessler Mansion neighbors balk at business uses

May 15, 2013

An Indianapolis City-County Councilor is looking into the possibility of zoning violations at the massive north-side property. The mansion will host a camp for entrepreneurs in June.

Analysts: Lilly faces ‘ugly’ period until its pipeline produces

April 15, 2013

Investor smiles about new experimental cancer drugs and an aggressive play for the animal health market in China turned to frowns after Lilly disclosed deep cuts to its U.S. sales force.

Expected revenue slump spurs Lilly to cut sales force

April 11, 2013

The Indianapolis pharmaceuticals giant said Thursday that it would lay off hundreds of U.S. sales reps, as it prepares for the loss of patent protection on two of its best-selling drugs.

Push for I-70 truck lanes hits roadblock in study

March 27, 2013

Economy, high cost of construction cited as factors.

Unemployment falls to 7.7 percent, as U.S. adds 236,000 jobs

March 8, 2013

Stronger hiring shows businesses are confident about the economy, despite higher taxes and government spending cuts. However, more than 130,000 people left the work force in February.

Sequester won’t batter Indianapolis hospitals

March 7, 2013

As President Obama said, the pain of the federal sequester will be real. But when it comes to hospitals, how real and how painful depends on where they are and how big they are. While rural hospitals face sharp reductions in their operating margins, most of the four major hospital systems that operate in Indianapolis […]

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