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    Amy Isbell-Williams

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Articles

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…

Keeping up with CEDIA: Group’s new boss shares successes, challenges

April 17, 2006

The locally based Certified Electronics Designers & Installers Association recently selected Don Gilpin as its new executive director. Gilpin, 42, is an eightyear veteran of the trade group and had served as executive vice president. The Minnesota native and Franklin College graduate spoke with IBJ about his appointment and the issues facing the organization. IBJ: As executive director of CEDIA, what is your role? GILPIN: CEDIA has different departments within it, and they range from expo to marketing to legislative…

CFO had humble start: Eli Lilly veteran lands in high-profile, high-pressure role

April 17, 2006

Derica Rice started figuring out his future the day he glanced in his mother’s refrigerator and actually paid attention to the insulin vials stored there. Eli Lilly and Co.’s new chief financial officer recalled being home at the end of a summer. He was fresh off an internship with another company and was in casual job talks with Lilly representatives. He had seen the clear vials his mother, Inez-a Type II diabetic-stored in her fridge, but he never read the…

Repairs to tower may take months: Tenants scramble for other arrangements

April 10, 2006

It was a symbol of his success. For the last three years, environmental attorney Robert Clark has relished the view from his corner office in One Indiana Square, high above the streets of Indianapolis. But on Sunday, April 2, tornadoforce winds left it in tatters. His family photos are gone. Likewise his case files and the many gifts he’d received over the years from friends or clients. “I understand there are no exterior walls,” he said. “My desk is still…

NOTIONS: College tour reverie: How we got from there to here

April 10, 2006

The Lenox Hotel, Boston-My son, Austin, doesn’t remember this, but we’ve stayed here before. Last time around, he and his twin brother, Zach, posed in the buff for a Beantown photographer. Now, don’t get the wrong idea about my sons. That was 17 years ago. And they’re nearly 18 today. So we’re talking infant shots here. Baby pix. Neophyte photo fare sans Pampers. Back then, I worked for an East Coast ad agency. One of our clients, a Massachusetts hospital,…

Shared patient rooms in hospitals soon to be history: Guidelines call for private quarters in all new facilities

April 10, 2006

New guidelines due out in June will call for newly constructed hospitals to come equipped with all private patient rooms, the first time such a minimum requirement has been issued. The guidelines, published every four years by the Facilities Guidelines Institute and the American Institute of Architects’ Academy of Health, are used by nearly 40 state governments-including Indiana-to set regulations, approve construction plans and license hospitals to operate. And hospitals nationwide-including those in Indiana-are expected to embrace the guidelines that…

Experts: Businesses should prep for bird flu: Vast majority of U.S. companies have not budgeted for possible pandemic, despite warnings from health officials

April 10, 2006

The much-hyped Y2K computer bug came and went without so much as a whimper from a whirring hard drive. But unlike the threat of malfunctioning computers, health experts warn that the potential danger of an avian flu pandemic is far greater. In the event of a widespread outbreak in the United States, companies large and small need to be prepared in order to keep interruptions to a minimum, they say. “I am an evangelist for having a contingency plan,” said…

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