Visible progress in the city hides other troubles
Indianapolis still looks like a city with momentum, despite the dismal economy. But appearances can be deceiving.
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Articles
Iran: A peaceful sojourn into the ‘Axis of Evil’
Iran is a magnificent and historically important country. It contains nine World Historical Sites as designated by UNESCO. Only 20 countriesâ??including Greece, China and Italyâ??have more.
EDITORIAL: Is what we see what we’ll get?-WEB ONLY
Indianapolis still looks like a city with momentum, despite the dismal economy. But appearances can be deceiving. A quick tour reveals what would seem to be progress. One wouldn’t expect to see construction cranes swinging over downtown, not with bank credit frozen and the commercial real estate sector bracing for a wave of foreclosures later […]
Touring the JW Marriott complex
The developers of the new JW Marriott hotel complex gave photographer Robin Jerstad and me a tour of the $425 million project earlier this month….
Hammond casino bucks sinking-revenue trend-WEB ONLY
The Horseshoe Casino in Hammond has been raking in record revenue for an Indiana casino, even as business is down at most of the state’s 10 other full casinos. State records show the casino had gambling revenue of $49.2 million in April, down slightly from March but a big jump from its $40.5 million in […]
What to do with the old airport
A group of eighth grade girls from a local charter school spent all day Friday learning about real estate and developing plans for reuse of…
Doctors joining hospital payrolls
Doctors joining hospital payrolls Specialists reacting to major changes in reimbursement Amid the aroma of its lobby coffee shop and soothing tones of its player piano, the Indiana Heart Hospital sits at the center of significant changes in how Indianapolis’ hospitals and doctors do business. The 56-bed facility in Castleton was launched in 2003 as […]
Reimbursement changes prompt specialists to join hospital payrolls
Specialist physicians, who have traditionally been fiercely independent, are more and more coming on as employees of hospitals.
Doctors joining hospital payrolls-WEB ONLY
Amid the aroma of its lobby coffee shop and soothing tones of its player piano, the Indiana Heart Hospital sits at the center of significant changes in how Indianapolis’ hospitals and doctors do business. The 56-bed facility in Castleton was launched in 2003 as a forprofit venture between Community Health Network and its cardiovascular physicians. […]
Adam’s Mark acquired, may be rebranded-WEB ONLY
Normal 0 false false false MicrosoftInternetExplorer4 One of the city’s largest hotels has been acquired and could be in for a major brand change. The Adam’s Mark Hotel Indianapolis, the area’s sixth-largest hotel, was purchased in April by Scranton, Pa.-based Nexus Hospitality Management, hotel officials announced yesterday. San Francisco-based Chartres Lodging Group LLC […]
Adam’s Mark acquired, may be rebranded-WEB ONLY
One of the city’s largest hotels has been acquired and could be in for a major brand change. The Adam’s Mark Hotel Indianapolis, the area’s sixth-largest hotel, was purchased in April by Scranton, Pa.-based Nexus Hospitality Management, hotel officials announced yesterday. San Francisco-based Chartres Lodging Group LLC sold the 407-room hotel, located near the airport […]
Reflections on the Hockett family
Auto auction veteran Mike Hockett couldnâ??t have been happy yesterday about news that one of his sons, Scott
Hockett, has signed a document saying he will plead guilty to charges of federal bank fraud.A few years earlier, another of…
Five regional banks seek $8.2B after tests-WEB ONLY
Five of the nation’s largest regional banks, including four with dozens of branches and hundreds of employees in Indiana, are vulnerable to a worsening recession and need to raise a total $8.2 billion in new capital based on results of government “stress tests” released yesterday.The two regional banks based in the Southeast, Regions Financial Corp. […]
Commercial tenants requesting discounts-WEB ONLY
It’s not just residential home sellers facing increasingly brazen buyers these days. As the economy recedes, commercial brokers say a growing number of office, industrial and retail tenants are requesting steep rent reductions to cope with losses. “They’re in trouble and you feel for them,” said Danny Marr, a partner and principle broker with Veritas […]
Construction spending rises unexpectedly in March-WEB ONLY
Construction spending rose unexpectedly in March after five straight declines, as strength in nonresidential projects and government building offset a further slide in housing. The Commerce Department said today construction spending increased 0.3 percent in March, the best showing since a similar rise last September. Economists surveyed by Thomson Reuters had expected spending to drop […]
City built on leadership, cooperation is in danger
No matter how the Capital Improvement Board funding mess plays out, we’re left with resentment coming from all directions
and an unprecedented splintering of the long-standing bipartisan cooperation that helped propel our city forward.SPORTS: City built on leadership, cooperation is in danger-WEB ONLY
No matter how the Capital Improvement Board funding mess plays out, we’re left with resentment coming from all directions and an unprecedented splintering of the long-standing bipartisan cooperation that helped propel our city forward. I have to think that the late Larry Conrad and Jim Browning, two of the visionaries who sought to bring Indianapolis-and […]
General Assembly closes without CIB solution-WEB ONLY
Lawmakers failed to take action on a bill last night before the General Assembly adjourned that would have given Indianapolis local taxing options to help its struggling stadium agency. The bill may have some hope if it is revived in the special session that is now necessary after lawmakers failed to pass a new state […]
State set to put CIB ball in Ballard’s court-WEB ONLY
State legislators seem willing to give Indianapolis officials the power to raise several local taxes to help fund the city’s troubled stadiums agency. That plan, though, would force Mayor Greg Ballard to take some of the heat for increasing any of those taxes – and the task of persuading the Indianapolis Colts and Indiana Pacers […]
State set to put CIB ball in Ballard’s court-WEB ONLY
State legislators seem willing to give Indianapolis officials the power to raise several local taxes to help fund the city’s troubled stadiums agency. That plan, though, would force Mayor Greg Ballard to take some of the heat for increasing any of those taxes – and the task of persuading the Indianapolis Colts and Indiana Pacers […]