Developer of government building sees potential for more
Ambrose Property Group broke ground last month on a 13,000-square-foot building at Intech Park that will house about 75 Social Security Administration employees.
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Victoria Champion, a registered nurse and professor at the Indiana University School of Nursing, has been named associate director of population science research at the IU Melvin and Bren Simon Cancer Center. Champion has conducted research on behavioral oncology that has helped with earlier discovery of cancer.
Dr. Adam M. Paarlberg has joined Beech Grove Family Medicine of St. Francis Medical Group. He most recently worked in the emergency department at Rushville Memorial Hospital and completed residency training at Franciscan St. Francis Health. Paarlberg holds a bachelor’s in religion from Wabash College and earned his medical degree at the IU School of Medicine.
Dr. Tobi Reidy, a colon and rectal surgeon, has established a practice with Kendrick Colon and Rectal Center, which is owned by Franciscan St. Francis Health. She earned her medical training at Nova Southeastern University-College of Osteopathic Medicine.
Dr. Jessica Saberman, a family and pediatric physician, recently joined Indiana University Health Physicians in Fishers. She had been part of the St. Vincent Physician Network in Fishers since 2002.
Dr. Brett Neff, a family physician, will join IU Health Physicians Northside Adult & Pediatric Care, in Carmel, on Aug. 25. Neff also used to be part of the St. Vincent Physician Network in Fishers.
Dr. Jessica Swenberg and Dr. Jama Gail Edwards, both family physicians, are joining IU Health Physicians in Zionsville. Swenberg previously practiced at the Village Doctors in Zionsville. Edwards has been an independent family physician in Zionsville since 2001.
Dr. Laura Calili recently joined IU Health Physicians as a new pediatrician in Greenwood.
Heat wave pressures water system
Indiana's recent heat wave has led to an increase in water main breaks, prompting voluntary watering bans. Leaders in Carmel, Brownsburg and Indianapolis have asked customers to cut down on watering lawns because of the system’s inability to process and distribute higher volumes of water quickly. The Indianapolis Department of Water Works typically produces 140 million gallons per day but has been producing about 215 million daily during the heat wave. The system has already experienced 30 water main breaks because of high demand.
Who’s Who in Construction, Design and Engineering – 2011
This month, we recognize the power players who built this city, from the new airport to Lucas Oil Stadium to the Palladium.
KENNEDY: TIFs have gone from good idea to bad
The Ballard administration is proposing to turn large swatches of the urban core into TIFs, robbing school districts and libraries of desperately needed revenue.
Dynasty trusts let wealthy escape estate, gift taxes forever
Carmel financial executive among those who plan to shield millions of dollars in a dynasty trust, so it can be passed on to multiple generations of descendants while paying as little in taxes as possible.
Indiana tourism effort honors famed course designer Dye
The Pete Dye Golf Trail includes seven public courses chosen by Dye: Brickyard Crossing, The Fort Golf Resort, Maple Creek Golf & Country Club, Plum Creek Golf Club, Mystic Hills Golf Club, Kampen Course and the Pete Dye Course at French Lick.
CNO Financial sees quarterly profit soar, beating expectations
The Carmel-based life and health insurer earned $59.5 million in the three months ended June 30, an increase of 80 percent from the same period a year ago.
Tarkington tuning/open house
July 28, 30, 31
Center for the Performing ArtsThe big-ticket benefit with David Hyde Pierce and Michael Feinstein is next week. This week, it’s no-ticket events for people who want to take a look and give a listen to the new Tarkington Theatre at the Center for the Performing Arts in Carmel.
These “tuning” concerts include a Thursday event staged by the International Violin Competition of Indianapolis (while free, you’ll need to make a reservation for this one), a Saturday Kids Day featuring Iibada Dance Company, Gregory Hancock Dance Theatre and more, and a July 31 open house and ribbon cutting, which will include the Indy Irish Dancers, Indiana University Summer Concert Band, Booth Tarkington Civic Theatre (formerly Indianapolis Civic Theatre) and Actors Theatre of Indiana. For more info on all the Tarkington opening events, click here. .
Construction
Capitol Construction Services Inc. has completed a 29,000-square-foot office build-out for Liberty Mutual at 11611 N. Meridian St., Carmel.
Leases/leasing contracts
-Formosa Seafood Buffet leased 15,000 square feet at Castleton Plaza, 6300 E. 82nd St. The tenant was represented by Ben Li of Mid-America Realty Inc. The landlord, The Broadbent Co., was represented by Brian Broadbent.
-Paul Davis Restoration leased 9,519 square feet at 9715 Kincaid Drive, Fishers. The tenant was represented by Cam Kucic and Tony Hupp of Summit Realty Group. The landlord, Meritex Enterprises, was represented by Brian Buschuk and Brian Seitz of Jones Lang LaSalle.
-H.J. Spier Co. Inc. leased 8,784 square feet of office space at Four Woodfield, 8250 Woodfield Crossing Blvd. The tenant was represented by Tom Osborne of Colliers International. The landlord, Federal Home Loan Bank of Indianapolis, was represented by Rick Trimpe and Tim Hull of CB Richard Ellis.
-Legacy Ventures Inc. leased 5,400 square feet of industrial flex space at 5705 W.85th St. The tenant was represented by Rob Christman of Bridge Real Estate Advisors Inc. The landlord, BRE/US Industrial Properties LLC, was represented by Jason Speckman of Summit Realty Group.
-Pekin Insurance leased 3,558 square feet of office space at 2611 Waterfront Parkway. The tenant was represented by Richard King III of Hokanson Cos. The landlord, New Boston Jacaranda LP, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc.
-Key Sheet Metal leased 3,252 square feet at Garfield Industrial, 2248 N Emerson Ave., Suite C. The landlord, Painter Bay Trust, was represented by David Ciechanowicz of Colliers International. The tenant represented itself.
-Moe’s Southwest Grill leased 2,479 square feet of retail space at Rockville Station, 9263 E. Highway 36, Avon. The tenant was represented by Rob Warstler of Colliers International. The landlord, Rockville Station LLC, was represented by Keith Fried of Sitehawk Retail Real Estate.
-Circle Center Auto Rebuilders leased 2,002 square feet at Garfield Industrial, 4847 E. 23rd St. The landlord, Painter Bay Trust, was represented by David Ciechanowicz of Colliers International. The tenant represented itself.-Huddles Sweet Shop & Boutique leased 1,821 square feet at Sophia Square, 110 W. Main St., Carmel. The tenant was represented by Steve Delaney of Sitehawk Retail Real Estate. The landlord, Carmel Lofts LLC, was represented by Ersal Ozdemir of Keystone Construction Group.
-Communications Workers of America leased 1,721 square feet of office space at 2780 Waterfront Parkway. The landlord, New Boston Jacaranda LP, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc. The tenant represented itself.
-All Day Towing leased 1,500 square feet at Garfield Industrial Park, 2251 N Dequincy St., Suite E. The landlord, Painter Bay Trust, was represented by David Ciechanowicz of Colliers International. The tenant represented itself.
-Yogi Frozen Yogurt leased 1,200 square feet of retail space at Sunblest Shoppes, 11803 Allisonville Road, Fishers. The tenant was represented by Kevin Piper of Colliers International. The landlord, G& J LLP, was represented by Greg Smith and Rob Warstler of Colliers International.
-Verizon Wireless leased 1,200 square feet of retail space at Riverstation Shopping Center, 780 Westfield Road, Noblesville. The tenant was represented by Greg Smith of Colliers International. The landlord, Riverstation LLP, was represented by Rob Warstler of Colliers International.
-DB Services leased 1,032 square feet of office space at 8604 Allisonville Road. The tenant was represented by Bryan Miller of Cassidy Turley. The landlord, Castle Creek Office LLC, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc.Prospects bright for Borders replacements
Brokers expect strong demand from other retailers, in part because the failed bookstore chain carefully chose its real estate, opting for locations near concentrations of affluent and educated consumers.
STYRING: Be grateful for the Wabash & Erie debacle
The Wabash & Erie Canal Co. is responsible for how the Indiana constitution restricts what our governments can do with government debt.
Tech consultant Allegient plans expansion, 42 jobs
Carmel-based IT consultant Allegient LLC plans to grow its central Indiana operations, adding as many as 42 jobs over the next five years.
A few restaurants close as other eateries, retailers plan growth
Among the casualties is the downtown restaurant Hue and Carmel’s The Glass Chimney. El Rodeo, Eggshell Bistro and Hotcakes Emporium are among those opening locations in the area.
ITT Educational continues enrollment, profit slide
In the second quarter, the Carmel-based operator of for-profit colleges saw enrollment drop 19.9 percent and profit sink 17.7 percent. But the company posted strong earnings per share by continuing to buy back shares.
BONIFIELD: Bad laws now costing taxpayers in court
The focus of this session should have been on improving the economy and creating jobs. Instead, money, time and energy were wasted on red herrings.
A tasty roundup: El Rodeo, Vino Villa, Hotcakes, Subacos
Read about several new places to eat and shop in this week’s edition of the restaurant and retail roundup.