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Articles

IPL gets green light for Harding Street, Martinsville projects

May 14, 2014

State utility regulators on Wednesday gave Indianapolis Power & Light Co. the go-ahead to begin work on two high-profile power projects at a cost well over $600 million.

UPDATE: Tech firm triggering $10M data center downtown

May 14, 2014

Michigan-base Online Tech plans to open a 25-employee facility just west of Lucas Oil Stadium, serving businesses that need cloud computing.

Verizon brings Super Bowl-tested system to IMS

May 14, 2014

As part of a 13-month long project, Verizon Wireless installed more than 200 antennas to improve cell phone service at the Indianapolis Motor Speedway. While the system went live May 10, the big test will be May 25.

Credit unions back to normal following unusual 2012 high

May 13, 2014

Net income growth among nine big credit unions serving the metro area moderated in 2013 after record earnings for the industry locally and largely across the nation in 2012.

Pence to unveil multipronged plan to expand health insurance

May 13, 2014

The governor’s plan, to be announced Thursday, involves a combination of the Healthy Indiana Plan, employer-sponsored health plans and health savings accounts, according to an invitation sent Tuesday to Indiana health care officials.

Luxury Clearwater apartment complex on market

May 13, 2014

82 Flats, which opened last year and is 95-percent occupied, could fetch $35 million for its developer, Cityscape Residential, formerly known as Hearthview Residential.

Community posts healthy results, but short of expectations

May 12, 2014

Community brought in more revenue and profit from operations last year. But a spike in charity care caused margins to fall significantly short of expectations of Community executives.

Study: Hospital-doctor hook-ups swell prices

May 12, 2014

Now that Indianapolis-area hospitals employ large numbers of physicians, a new study suggests the integrated health systems will be able to charge higher prices to private health insurers.

Indiana water regulator must wait for new job

May 9, 2014

The State Ethics Commission ruled Thursday that Gregory Ellis must wait at least a year before he can accept a job as director of government affairs for the Indiana American Water Co.

Electric-car charging station to open by May 19

May 8, 2014

A kiosk and charging stations for Bollore Group’s car-sharing service were installed this month at 14 E. Washington St., in time for the Electric Drive Transportation Association’s annual conference that begins May 19.

Records – May 12, 2014

May 8, 2014

Records listings from the May 12, 2014, issue of IBJ.

Indy’s most profitable hospitals, revisited

May 8, 2014

On the eve of Obamacare, almost no central Indiana hospitals were having trouble making money. Hip replacements, heart surgery and Hamilton County were the biggest drivers of profits.

Zoo expecting huge boost from $26M orangutan center

May 8, 2014

The Simon Skjodt International Orangutan Center opens at the Indianapolis Zoo May 24 (members get a look beginning May 21). And it’s hard to imagine a bigger zoological box-office draw than an octet of expressive, engaged, personality-overflowing primates

Up-and-comer molds city’s justice center deal

May 8, 2014

David Rosenberg, 28, leads Mayor Greg Ballard’s effort to build a new jail and criminal courts for Marion County, which could cost as much as $400 million, all with no new revenue.

Baker’s Edge founders to test ‘Shark Tank’ waters

May 8, 2014

Carmel residents Matt and Emily Griffin can expect to see a big burst in sales of their innovative brownie pan after they appear in front of celebrity entrepreneurs on ABC-TV’s hit show later this month.

Health insurers: Payment rates meeting expectations

May 8, 2014

Top health insurance companies told members of Congress Wednesday that more than 80 percent of people who've signed up under the president's new health care law have gone on to pay their premiums.

Super Bowl hopeful cities make their 2018 bids

May 7, 2014

Minnesota and New Orleans are keeping fairly quiet for competitive reasons. Indianapolis said it would expand the Super Bowl Village, which originated with Indy’s first Super Bowl, and will have another legacy project in the community.

Bid says 2 new hotels possible before 2018 Super Bowl

May 7, 2014

The city on Wednesday turned in a 900-page bid to host the 2018 Super Bowl that mentions the possibility of two new downtown hotels. Meanwhile, a Colts official said owner Jim Irsay plans to help lobby for the city’s bid at the May 19-21 NFL owners meeting.

Move east angers Big Ten fans, could rob Indy of millions

May 7, 2014

The Big Ten's push east could rob Indianapolis of two events that carry visitor spending of a combined $30 million each time they're held here.

Ice’s departure raises questions about Pan Am Plaza

May 5, 2014

Local officials bidding for the 2018 Super Bowl had hoped to announce a new downtown hotel in time to land the big game, and local hospitality and real estate officials acknowledged the Pan Am location is the most likely site.

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