Chase Tower’s $201M sale price sets record
A publicly traded real estate investment trust has agreed to pay $201 million for the tallest building in Indiana, a price that could give a boost to the local investment market.
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Developers prefer low-rise apartments in downtown Indianapolis
Building codes add more expense to high-rise projects.
What’s New: Charlie’s Chillers
Meet Sherri Campbell, who is ramping up Indianapolis-based Charlie’s Chillers LLC after winning last month’s Hottest Kitchen Entrepreneur Challenge.
Also this week
Indy Reads Books opens its new bookstore on July 13 with an appearance by bestselling author John Green. Details here.
IU Summer Theatre Festival continues July 12-28 with the comedy classic “You Can’t Take it With You.” Details here.
Vampire Weekend performs July 13 in the Egyptian Room. Details here.
The Indianapolis Symphony Orchestra celebrates the music of Indy’s sister cities in a classical concert at Conner Prairie Amphitheatre July 13-14. Details here.
Pete McElligott’s “With a Whimper” opens at the Phoenix Theatre, running July 12-Aug. 12. Details here.
Theatre on the Square presents the comedy “Tuna Does Vegas,” July 13-Aug. 11. Details here.
Super Mega Slam Fest features 30 bands on two stages at Indy Hostel July 13-15. Details here.
STYRING: Return the Indy 500 to its glorious roots
For the better part of the century, we got lots of innovation at the Speedway.
MUTZ: Daniels’ plans for Purdue will range wide
Predicting what Daniels will tackle is as risky as second-guessing a U.S. Supreme Court decision.
VANE: Bennett can tout list of accomplishments
The state superintendent of public instruction’s race may be the most crucial contest this fall.
CIB mulling sale of historic downtown building
The Capital Improvement Board has owned the Ober building, at 107 S. Pennsylvania St. near Bankers Life Fieldhouse, since 1999. Members on Monday voted to begin soliciting bids.
Old National names ex-Indiana chief justice as director
Old National Bancorp has appointed former Indiana Chief Justice Randall Shepard to its board of directors.
Local providers join Medicare ACO program
Indiana University Health, as well as a partnership of Franciscan Alliance and American Health Network, have formed accountable care organizations that won the blessing of the federal Medicare Shared Savings program.
WellPoint shares jump after $4.9B deal for Amerigroup
Investors and analysts like the fact that WellPoint is playing more aggressively in government-sponsored health plans, such as Medicaid and Medicare, which are projected to be the key sectors for growth for the next several years.
New track-and-field chief aims to end sport’s strife
New USA Track and Field CEO Max Siegel is promising to pull athletes, their agents, sponsors, event promoters and the sport’s television partners together to lift track and field’s tainted image and revenue—especially domestically.
HETRICK: Maybe it’s time to think like ‘Mad Men’ and sell everything
The Rs and the Ds could fight over ad space in voter registration.
Heartland Bancshares approves acquisition by Horizon
The deal, effective July 17, will give the Michigan City bank its first presence in Central Indiana.
Council mulls axing applications’ prior-conviction box
City-County Councilor Vop Osili thinks the city could level the job-seeking playing field for ex-offenders by eliminating the question of past convictions on job applications.
Also this week
Zac Brown Band performs July 7 at Klipsch Music Center. Details here.
“Bringing Up Baby,” with Cary Grant and Katharine Hepburn, screens July 6 at the Indianapolis Museum of Art. Details here.
Wynonna and Steel Magnolia replace the daily double at Hoosier Park Racing & Casino July 7. Details here.
Gamers and science fiction/fantasy fans gather at InConjunction, July 6-8 at the Marriott East. Details here. (And I’ll be serving as toastmaster/charity auctioneer.)
“Let’s Dance,” July 7 at the Indiana State Museum, features square dancers from around the state. Details here.
IU Summer Theatre Festival continues with “The Taming of the Shrew,” July 5-28, featuring guest artist Rob Johansen. Details here.
The Cowardly Scarecrow Theatre Company presents “Musical of the Living Dead,” July 6-7 at the Irving Theatre. Warning: The first few rows are designated as a “splatter zone.” Details here.
UPDATE: BrightPoint sale follows tough stretch for firm
Given the soft cell phone market and Brightpoint’s recent struggles, a sale to California-based Ingram Micro for about $840 million makes sense, analysts say. The two companies announced the acquisition early Monday morning.
UPDATE: Brightpoint’s planned sale spawns uncertainty
The $840M deal, which would eliminate one of Indiana’s six Fortune 500 companies, is casting uncertainty over Hendricks County, where the company is one of the largest employers.