Hotel proposed over Canal
A Kansas developer has proposed a hotel, restaurant and retail space that would form a bridge over the Central Canal in the tradition of Ponte Vecchio in Florence, Italy (pictured). The plan…
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Target proposed for MSA site
A partnership of Hearthview Residential, Mansur Real Estate Services, Lauth and Venture Real Estate has proposed a complex including a 14-story tower along with a Target store, office space and condos for the…
Foundation proposes monorail from East Chicago to Indy
A group that says it has lined up private financing to build a monorail linking East Chicago and Indianapolis pitched the idea to a several lawmakers Monday, according to The Times of Munster. The suspended monorail could be built on abandoned rail lines and be powered by motors that draw electricity from solar collectors and […]
Circle Truss proposed as gateway landmark
The Arch welcomes visitors to St. Louis. San Francisco’s Golden Gate Bridge ushers in the masses. And soon the Circle Gateway
Truss could greet travelers entering downtown Indianapolis.Proposed highway could ease congestion, but transit backers say it won’t
A 2005 study for the state says an outer highway loop-like the one Gov. Mitch Daniels proposed Nov. 9-would reduce traffic northeast of the city, potentially splashing cold water on a rapid transit plan. But supporters aren’t backing down.
Transit center proposal hits a bump in the road: Tenant claims to be happy at proposed location, landowner not yet part of talks
In late June, IndyGo announced plans to build a massive transit center on a 14-acre parcel in downtown Indianapolis where bus and future rapid transit lines would cross and people could park their cars and wait in comfort for transfers. But the U.S. Postal Service, which leases facilities there, might not be interested in moving. And the landlord the main post office rents from said he hasn’t been contacted and is irked the city is eyeing his property. “Frankly, I…
Proposed resource center targets science, tech, math: BioCrossroads wants to help build strong foundation Pulling things together
Only 64 percent of Indiana’s fifthgraders passed the latest ISTEP+ test in science. A little better-76 percent-passed the math component. Unfortunately, as children advance in grades, their ISTEP+ math scores worsen. By eighth grade, only 64 percent passed the math portion of the test. Yet, economic development officials in Indiana-and much of the country-want young students to choose to study in college areas of advanced manufacturing, life sciences, informatics, agribusiness and an array of disciplines that require a strong foundation…
Federal patent legislation could mean major changes: Proposed reform act could cut down on ‘trolling’ and litigation by switching approvals to a first-to-file system
Pending federal legislation could bring sweeping changes to a patent system critics say is broken and in need of repair. The Patent Reform Act-before Congress since last year-presents the most substantial overhaul in decades. Significant changes include creating a process to challenge patents after they are granted and awarding a patent to the first person to submit paperwork. Patents currently are granted to the first person who hatched the invention, regardless of when documents were filed. Time frames, though, can…
Federal farm lending could shrivel under latest budget: Banking associations oppose proposed fee increases
Brent Kerns likes to compare the U.S. Department of Agriculture’s lending program to that of the Small Business Administration’s. In short, the USDA helps farmers the way the SBA assists small-business owners. But if a proposal to cut the budget of the farm loan program is approved, it could become as expensive to use as the SBA’s offering. Supporters fear a hike in user fees would hurt those who need the money the most. “That cost goes straight to the…
Hotel proposed for Hamilton County’s Strawtown: Site overlaps sensitive American Indian land
Hamilton County park officials hope to find a developer to build a three-star hotel in 750-acre Strawtown Koteewi Park, an area rich with fragile American Indian artifacts. Businesses near the northeastern Hamilton County park love the idea. American Indian groups are less enthusiastic, but willing to work with park officials. “It’s kind of disturbing,” said Chief Brian Buchanan of the Miami Nation of Indians of the State of Indiana. “You wouldn’t want anybody digging up your grandmother.” Buchanan learned of…
Health care: big problem for small business: Wyoming lawmaker’s proposed legislation could end 10-year Senate impasse on controversial solution
More than 45 million Americans lack health insurance. And more than half of them are employed or dependent on someone who works for a small business, according to the National Federation of Independent Business. It’s a big problem-especially in Indiana. Between 2000 and 2004, 5.6 percent of Hoosier workers lost employer-provided health care, according to the Economic Policy Institute. That’s a higher percentage than any state except Wisconsin. Legislation just introduced in Congress by Wyoming Sen. Michael Enzi, however, may…
‘1-of-a-kind’ Wal-Mart proposed: Michigan developer plans Carmel/Zionsville superstore
A Michigan developer plans to build a 300,000-square-foot shopping center anchored by a Wal-Mart Supercenter along Michigan Road north of 106th Street, continuing the rapid expansion of retail on the Michigan Road corridor. Heritage RDG LLC, a Grand Rapids, Mich.-based developer new to the Indianapolis market, recently filed plans with town officials in both Zionsville and Carmel to build the center. The 36-acre parcel straddles the Boone-Hamilton county line and must be approved by local governments in both counties. Project…
Proposed natural gas pipeline bogged down at IURC: Project would give customers access to lower-priced gas, blunting impact of Katrina and hike in delivery fee
A pipeline that would give residential and industrial customers access to cheaper wholesale natural gas from the West and Canada won’t be built this winter, when it could have blunted prices whipped skyward by Hurricane Katrina. The Indiana Utility Regulatory Commission is still reviewing Citizens Gas & Coke Utility’s request to construct a nearly 20-mile pipeline that would connect its Greene County gas storage facility with the Midwest Gas Transmission System line in Sullivan County. That line ties into a…
HSAs picking up steam: Enrollment tops 1 million; biz tax breaks proposed
Earlier this year, employees of Indianapolis-based N.K. Hurst Co. became part of the growing fraternity of workers in the United States who are eligible for health savings accounts as part of their benefits package. As of March, the membership in HSAs numbered more than 1 million people, twice as many as the estimated 438,000 in September, according to a study by America’s Health Insurance Plans. The Washington, D.C.-based trade association for insurers said enrollment numbers are growing because more companies…
Main post office pondering move: Relocation could prompt sale of 16 acres across street from proposed stadium
It’s not in the path of a new stadium planned for downtown Indianapolis, but the downtown post office may get out of the way anyway. U.S. Postal Service officials are negotiating an agreement to sell land the postal service owns within the stadium footprint, and a spokesman said that discussion is part of a larger scheme to relocate the entire facility. “They’re talking about moving the whole thing,” said Al Eakle, public affairs officer for the USPS’ Indiana district. “Basically,…
Legislature revisits multistate insurance compact: Proposed bill awaiting House consideration could cut red tape and improve speed of products to market
The Indiana General Assembly is taking another stab at a bill that could make life easier for some insurance sectors by pushing products to market at a faster clip. A proposal that would allow Indiana to join a multistate compact for life insurance, disability, annuity and long-termcare products passed the Senate earlier this legislative session and awaits consideration in the House of Representatives. The bill died there last year. However, new state Insurance Commissioner Jim Atterholt thinks it has a…
Villaggio condos aim high: Proposed eight-story project targets downtown’s SE side
A developer with deep roots in the Fletcher Place neighborhood is setting its sights on an ambitious eight-story condominium project on the southeast side of downtown. Villaggio at Page Pointe calls for 65 condos ranging in size from 1,600 square feet to 4,300 square feet. Most units will sell for $265,000 to $530,000, with three penthouse units listed for more than $900,000. The first floor of the building will house about 20,000 square feet of retail space. A parking garage…
Herron site might be used for new school: Charter campus proposed for soon-to-be vacated spot
Joanna Taft isn’t content helping to develop emerging artists. She also wants to help develop art patrons-and the historic neighborhood around what will soon be the former home of IUPUI’s Herron School of Art at Pennsylvania and 16th streets. So Taft, executive director at the nearby Harrison Center for the Arts, is working on plans for a charter high school to occupy a portion of the space IUPUI will vacate when it moves the art school to the campus proper…
Data centers could pay Indiana municipalities 1% of equipment purchases, electric bill
The Indiana Senate is considering language that would see local governments get potentially significant payments from data center operators seeking to build in their towns.
Monarca Academy expanding to high school with boost from $2M grant
The school has grown substantially at its location within Northwest Middle School in Indianapolis Public Schools.
