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Kurt Beier
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Single women opt for owning homes: Marriage and home ownership aren’t always synonymous

April 10, 2006

Apparently, Dorothy’s still right. There is no place like home, particularly if you are a single woman with good credit. Single women now are significant players in the real estate market. In fact, one out of every five homebuyers nationwide in 2004 was a single woman-and locally the percentage is even higher. According to a 2004 study by the Metropolitan Indianapolis Board of Realtors, almost 25 percent of homebuyers in the area were single women. The national figure, compiled by…

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…

Amli selling-off its local apartments: Sale to Morgan Stanley prompts real estate firm to unload 6 multimillion-dollar complexes

April 3, 2006

One of the biggest owners of Indianapolis apartment complexes will soon be all but erased from the landscape, as Chicago-based Amli Residential Properties LP prepares to sell six of its seven properties. Two of the complexes, Amli at Lake Clearwater and Amli at Castle Creek, have already traded hands. Louisville-based NTS Realty Holdings LP in late March purchased both properties for $50 million, a slight discount from Amli’s asking price. Amli at Old Town Carmel, a mixed-use project that includes…

Event planner builds business on big-city experience: Award-winning firm grows into all-around performer

April 3, 2006

Indianapolis might not be as glamorous as Los Angeles or New York City, but Midwestern life seems to be suiting Gene Huddleson just fine. Nearly 10 years after returning to his Hoosier roots, the event planner has found a niche within the industry that builds upon his past travels. He and his colleagues at Detail + Design, in the Stutz II building across the street from the original Stutz building, accompany corporate clients who may be hosting activities throughout the…

For the Dogs Inc.: Day care center goes to the dogs After years of wishful thinking, owners let themselves off the leash

April 3, 2006

After years of wishful thinking, owners let themselves off the leash Barking is music to the ears of Kristel Baker and Harvey Markley. On any given day, dozens of canines are howling away at For The Dogs, their 3-year-old doggy day care center. And they’re set for growth, with plans to open a second location sometime in the next year. Baker, 40, got the idea for 24-hour canine care after viewing a segment on TV’s “Good Morning, America” about a…

Indiana to alter Web site: Small IT firms aren’t thrilled with contract requirements

March 27, 2006

For the first time in more than a decade, Indiana is shopping for a Web portal manager. Indiana Office of Technology CIO Karl Browning is attempting to make the state’s award-winning Internet gateway even better. The hunt will also test Gov. Mitch Daniels’ “Buy Indiana” initiative, which aims to give local companies a leg up in competition for state contracts. The larger players in Indiana’s IT community say they’re pleased with the new process. But some smaller firms complain it’s…

Health care developers eye their next frontier: Northeast Hamilton County offers a lucrative market

March 27, 2006

Chris Hamm’s phone started buzzing with calls from health care developers once plans for an extension of 146th Street east to Interstate 69 crystallized a couple years ago. The Noblesville economic development director said several organizations have shown “significant interest” in planting health care businesses along 146th Street, which will see a big boost in traffic once workers complete the interstate connection in the fall of 2007. At least three health-care-related deals are in the works, he added, declining to…

VOICES FROM THE INDUSTRY: Mediocre planning efforts don’t invite people to stay

March 27, 2006

Analysts say the housing market is slowing in Indianapolis and across the nation. Perhaps that’s why three significant, real estate developments have attracted so much local media coverage recently. In one story, the City-County Council approved the development of 28 condos in Broad Ripple, despite strong resistance from the neighborhood association. Meanwhile, local planning councils easily approved two new developments-a subdivision on the far northeast side of town that will feature almost 2,000 homes and a large condominium complex in…

Turned away, twice: Hot biotech inventor scores coastal cash after local VCs say no

March 27, 2006

When a proven Indiana life scientist invents a promising medical technology, you’d expect local venture capitalists would snap to attention. So when Lafayette-based Ash Access Technology Inc. announced March 14 it had landed $6 million in venture capital, it was surprising to note the names of the investors in the deal. None were based inside state lines. But Dr. Stephen Ash wasn’t shocked. After all, he’s been through this before. “I don’t know what happened,” Ash said. “I was disappointed….

More students seek degree online: Working, career-hopping adults drawn by flexible degree format

March 20, 2006

ITT Educational Services Inc. may nearly double by the end of this year the number of degree programs it offers entirely through online instruction as the school seeks to enroll students who can’t make class because of work or family obligations. Six online bachelor degree programs and two online associate degree programs are in various stages of regulatory and accreditation review, according to the Carmel-based technical education provider, which has 38,800 students enrolled at schools in 28 states. President and…

Irwin to idle failed foray into venture capital: $20 million fund formed during dot-com boom, focused on financial software

March 13, 2006

Indiana’s sixth-largest venture capital fund is winding down. Founded in 1999, Irwin Ventures LLC is a subsidiary of Columbus-based Irwin Financial Corp. The fund, which in recent years reported assets of $20 million, focused on seed and early-stage investments in startup firms that create financial services software and technology. But Irwin Ventures’ speculative investments didn’t pan out as expected. “Based on the results since inception, this line of business was a financial disaster,” said Ross Demmerle, an analyst with Louisville-based…

Bill boosts hope for bariatric patients: Measure would make it easier for morbidly obese to receive surgery

March 13, 2006

Bariatric surgeons hope a bill being considered in the legislature eliminates lifethreatening waits like Shaul’s and improves access to a surgical specialty that has seen expansive growth in central Indiana over the past few years. The measure, now in conference committee, is expected to win final approval in the waning days of this year’s session. Senate Bill 266 would trim the minimum wait insurers can impose before they cover the surgery from 18 consecutive months to six. It also adds…

Time switch creating computer nightmare: Technology experts predict change to daylight-saving could be Y2K all over again

March 13, 2006

If you have an important meeting starting April 2, beware of relying on your computer for a reminder-there’s a fair chance you’ll be late. The state’s first-ever switch to daylight-saving time will leave thousands of computers confused about what time it is, and their users not much better off. PC clocks have to be adjusted just like the cuckoo over the mantle, but if you forget to switch the timezone setting from “Indiana (East)” to “Eastern Time”-or neglect to check…

Bulls of the Fairways:

March 6, 2006

David Simon and Alan Cohen are outstanding golfers, among the best of all Indianapolis businessmen. The CEOs of Simon Property Group Inc. and Finish Line Inc. share something else in common: Their companies are top performers, with their stock prices more than dou-Professor sees link between golf scores, biz success bling in a little more than three years. Coincidence? Not according to Dan Dalton, golf aficionado and former dean of Indiana University’s Kelley School of Business. “Business is like match…

NOTIONS: As fumes meet fare, my restaurant boycott begins

March 6, 2006

Recently, I testified before the Greenwood Common Council. I spoke in favor of that community’s proposed ban on workplace smoking. The stuff killed my wife, Pam, a 49-year-old nonsmoker, so I encourage practitioners of good government to spare others the same fate. When all the witnesses had filled the allotted 30 minutes, Greenwood’s council members spoke up-most in favor. But an opponent, Councilman Ron Deer, said smokers ought to have choices. No, he said, people should not be able to…

Ayres stores may be razed: Smaller shops likely replacements at Castleton, Greenwood

March 6, 2006

Simon Property Group Inc. wants to take the wrecking ball to the soon-to-be-vacant L.S. Ayres stores at Castleton Square and Greenwood Park malls, clearing the way for development of a collection of smaller stores and restaurants, sources familiar with the plans say. “There have been numerous site plans circulated showing redevelopment with the existing structures removed,” said Bill French, a local retail broker with St. Louis-based Colliers Turley Martin Tucker. Mark Perlstein, a partner with The Linder Co., an Indianapolis-based…

IT firm bought again: New York company acquires Core Business Technology but will move HQ to Indy

March 6, 2006

Now, Core Business Technology Solutions has gone down the aisle again, tying the knot last month with White Plains, N.Y.-based Convergence Technologies Inc.-a deal that makes Indianapolis headquarters for a company with 270 employees and $105 million in revenue. But, with apologies to Wynette, nobody at this wedding sang, “Stand by your LAN.” The good ol’ local area network is now just a slice of the increasingly diverse information-technology products and services Core offers small and midsize companies these days….

Open source gaining traction: Government departments, more businesses seek alternatives to Microsoft, others

February 27, 2006

The Indiana Department of Education’s effort to outfit high schools with computers is a costly endeavor for a state strapped for cash. But installing what is known as open-source software is softening the blow. As the name implies, open-source programming is available for users to study, modify and share freely-a sharp contrast to the proprietary software sold by behemoths such as Microsoft Corp. and Oracle. Expensive licensing fees associated with the proprietary software sent the Education Department looking for alternatives….

Clarian sizing up south side: Agreement with Morgan Hospital could lead to development projects in St. Francis’ back yard

February 27, 2006

The largest hospital network in Indianapolis will start stretching its reach once again next month, this time south of town, where it could challenge the dominance of St. Francis Hospital & Health Centers. Clarian Health Partners is embarking on a five-year development agreement with Martinsville’s Morgan Hospital & Medical Center that could place more building projects on Clarian’s already crowded construction agenda. The two systems plan to focus their relationship on improving patient care and research, but representatives of both…

Emerging India: Opportunity or threat?: Indiana businesses brace for growing global competition

February 27, 2006

Opportunity or threat? Indiana businesses brace for growing global competition Next month, President Bush will make his first official visit to India. To most of the American media, it’ll be just one more round of global terrorism discussions with a distant foreign nation, perhaps worthy of a brief. The Indian press knows better. Six weeks ahead of Bush’s trip, banner headlines about it ran in every newspaper. Al Hubbard knows better, too. Friends with Bush since their days at Harvard…

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People

Kurt Beier

Articles

Single women opt for owning homes: Marriage and home ownership aren’t always synonymous

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

Amli selling-off its local apartments: Sale to Morgan Stanley prompts real estate firm to unload 6 multimillion-dollar complexes

Event planner builds business on big-city experience: Award-winning firm grows into all-around performer

For the Dogs Inc.: Day care center goes to the dogs After years of wishful thinking, owners let themselves off the leash

Indiana to alter Web site: Small IT firms aren’t thrilled with contract requirements

Health care developers eye their next frontier: Northeast Hamilton County offers a lucrative market

VOICES FROM THE INDUSTRY: Mediocre planning efforts don’t invite people to stay

Turned away, twice: Hot biotech inventor scores coastal cash after local VCs say no

More students seek degree online: Working, career-hopping adults drawn by flexible degree format

Irwin to idle failed foray into venture capital: $20 million fund formed during dot-com boom, focused on financial software

Bill boosts hope for bariatric patients: Measure would make it easier for morbidly obese to receive surgery

Time switch creating computer nightmare: Technology experts predict change to daylight-saving could be Y2K all over again

Bulls of the Fairways:

NOTIONS: As fumes meet fare, my restaurant boycott begins

Ayres stores may be razed: Smaller shops likely replacements at Castleton, Greenwood

IT firm bought again: New York company acquires Core Business Technology but will move HQ to Indy

Open source gaining traction: Government departments, more businesses seek alternatives to Microsoft, others

Clarian sizing up south side: Agreement with Morgan Hospital could lead to development projects in St. Francis’ back yard

Emerging India: Opportunity or threat?: Indiana businesses brace for growing global competition