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Articles

Gen Con agrees to 5-year Indy extension-WEB ONLY

April 7, 2009

Gen Con, one of city’s biggest annual conventions, has signed a five-year extension with the Indianapolis Convention & Visitors Association for 2011 through 2015. The four-day event held each August attracts almost 30,000 visitors who account for 25,000 hotel room nights and $26.9 million in annual visitor spending. It was the third largest convention in […]

Mickey’s camp will offer thrills

April 6, 2009

Mickey’s men’s and women’s camps—open for registration on a first-come, first served basis—offer compelling speakers, fun activities and food from the city’s leading restaurants.

Hungry for customers, restaurateurs dangle deals

April 6, 2009

Restaurateurs are responding to the recession, be they the proprietors of fine-dining establishments or burger joints, by offering low-cost dining deals.

Recession Menu-WEB ONLY

April 4, 2009

Restaurant diners, spooked by the recession, have never been more tight-fisted. Restaurateurs are responding to this challenge, be they the proprietors of fine-dining establishments or burger joints, by offering low-cost dining deals. It’s an effort to preserve their customer base and, just perhaps, poach a few hungry mouths from their competitors. But according to some […]

Kenley’s CIB bailout plan would hike taxes again-WEB ONLY

April 2, 2009

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 Indiana’s alcohol tax would be doubled and hospitality taxes would be raised again under a Statehouse plan designed to bail out the financially struggling group that runs the professional sports stadiums in Indianapolis. Sen. Luke Kenley (R-Noblesville) wants to add about 2 cents to the price […]

Franchise outlook is murky

March 30, 2009

Undaunted, some entrepreneurs still count on franchises, despite the shaky economy.

NCAA tourney results kind to Indy

March 23, 2009

One of the biggest winners in the first two rounds of the men’s NCAA basketball tournament: Downtown Indianapolis restaurants, hotels and other local businesses, not to mention those counting on event revenue to…

Group wants to redevelop buildings, land near Circle

March 23, 2009

Uptown Realty Investors, owners of two vacant buildings and a fenced lot along Washington Street downtown, aren’t giving up
on redevelopment even after their plans for a $40 million mixed-use structure fell apart.

Big dough on line in lawsuit-WEB ONLY

March 21, 2009

More former franchisees have joined a lawsuit against Noble Roman’s Inc., raising the prospect that a courtroom loss could sink the locally based pizza chain. Fourteen franchisees of the Noble Roman’s Pizza and Tuscano’s Italian Style Subs chains now are seeking about $8 million-more than the firm’s total stock market value. They say the company […]

Brokers revise plan for key lots-WEB ONLY

March 21, 2009

The owners of two vacant buildings and a fenced lot along Washington Street downtown aren’t giving up on redevelopment even after their plans for a $40 million mixed-use structure fell apart. A group called Uptown Realty Investors led by brokers John Demaree and Bill Ehret is talking with potential restaurant tenants to anchor a new […]

EDITORIAL: Pacers bailout no slam dunk-WEB ONLY

March 21, 2009

Call it March Madness-NBA style. The Indiana Pacers franchise needs $15 million a year beginning in 2010-presumably from the public-to fund the operation of Conseco Fieldhouse. The franchise says it can’t afford to operate the venue, where it claims to have lost money every year but one since moving in 10 years ago. That’s madness. […]

Steak n Shake specials boosting business-WEB ONLY

March 12, 2009

A raft of special offers, including meals under $4, a daily milkshake “happy hour” and a $2.89 Steakburger snack-pack apparently are paying dividends for Indianapolis-based The Steak n Shake Co. The 490-store chain today reported its customer traffic so far this quarter is up 6.2 percent and same-store sales have jumped 1.8 percent. The jump […]

More than 2,000 turn out for 200 job openings-WEB ONLY

March 2, 2009

More than 2,000 people, many of them recently laid off from factories or restaurants, filled a convention center to compete for about 200 seasonal and part-time jobs with Fort Wayne’s minor-league baseball team. Saturday’s turnout at the Grand Wayne Center for jobs ranging from ushers to parking lot attendants offered a good look at the […]

For unemployed, searching for job is full-time endeavor

March 2, 2009

As job losses accelerate in the worst recession in a generation, it’s becoming tougher and tougher for even well-educated,
experienced professionals to find work �¢?? or at least to find a job in the area and at the pay they want.

Hard work, but no pay-WEB ONLY

February 28, 2009

The most up-to-date report about white-collar job losses in Indianapolis comes every Monday at dawn in the parking lot at St. Luke’s United Methodist Church. The number of cars that pull in to attend the weekly gatherings of the Business and Professional Exchange has more than doubled in the last two months. Inside, men and […]

Hotels wary of shouldering larger load-WEB ONLY

February 28, 2009

Raising Indianapolis’ tax on hotel rooms-already one of the highest rates in the nation-could be the tipping point that causes conventioneers to bypass Indianapolis, some industry experts say. Marion County hotels already pay 16 percent in sales taxes-the 9-percent innkeeper’s tax, plus the 7-percent state sales tax. An increase in the innkeeper’s tax would push […]

Youth, high school events may be next sports thrust

February 23, 2009

City officials are looking to add youth and high school sports to the roster of collegiate and professional events built up since the city decided a generation ago to pursue amateur sports as an image-enhancing strategy.

Jefferson Plaza renovation approaches end

February 16, 2009

The Jefferson Plaza renovation, which has been renamed Allen Plaza after its developer, will include restaurants, office space, condos, and is also working to achieve LEED environmental certification.

State committee to vote on smoking ban-WEB ONLY

February 11, 2009

The Indiana House Committee on Public Policy is expected to vote today on legislation that could ban smoking inside public places. According to an American Cancer Society poll, 64 percent of Hoosiers support a law to prohibit smoking in enclosed public areas. But groups representing Indiana’s casinos and taverns oppose the measure. They say a […]

CIB IN CRISIS No simple fix for $50M hole-WEB ONLY

February 7, 2009

Click here to learn more about the CIB’s bond troubles. The Indianapolis Capital Improvement Board revealed just days ago that it will cost nearly $50 million annually to get the organization’s books back into the black. Now, the question is whether professional sports teams or taxpayers will foot the bill-a debate that’s already raging behind […]

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