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Articles

SPORTS: Plenty to chew on for sports fans of every stripe

August 20, 2007

You leave town for a little vacation, but that doesn’t mean the world of sports is going to stop spitting out news. Therefore, thoughts about this, that and the other while I was away: News item: Barry Bonds breaks Henry Aaron’s home run record. Thought: Yawn. I ceased to care long ago. Major League Baseball has gotten what it deserved for ignoring the steroid issue for so long. News item: Tiger Woods wins his fourth PGA Championship, his second in…

Lucas makes fan of Anderson police chief

August 24, 2007

The chief of the Anderson Police Department is a huge Indianapolis Colts fan, but his support for Forest Lucas may be as endearing. Lucas’ $122 million investment to secure naming rights for the new Indianapolis Colts stadium caught the attention of Chief Frank Burrows, who was contemplating switching to synthetic motor oil for the department’s […]

Big Ten battles for TV sports bonanza

August 27, 2007

The new Big Ten Network and some of the nation’s largest cable television systems are fighting over how consumers will be charged for the network’s programming. Hundreds of sporting events could be blacked out in local markets, including scores of Indiana and Purdue university football and basketball games, if the two sides don’t reach an agreement.

Aiming to save, Children’s Museum goes it alone: In-house construction crew builds exhibits from scratch

August 27, 2007

A sign on the basement wall reads “Construction Zone.” Nearby on the router table, window frames are taking shape along with decorative pieces that will adorn the façade of a World War IIera brownstone. Behind a red plywood wall a few floors up, hammers knock and saws shrill as workers erect a 13,500-square-foot homage to three children who changed the world. It’s just another day at the office for the production crew at The Children’s Museum of Indianapolis. For months,…

First Indiana Bank’s sale timing paid off

August 27, 2007

First Indiana Corp.’s announcement that it would be sold to Milwaukee-based Marshall & Ilsley Corp. for $529 million in cash
came just 17 days after sale discussions began. Banking observers have speculated for weeks that First Indiana acted fast
to cut a deal before it would have to report second-quarter results.

New ventures expanding school sports coverage: Players large and small converge on growing niche

August 27, 2007

High school sports coverage, once found only in the back pages of local newspapers’ sports sections, is now spawning new Internet and print businesses. The players involved range from large public companies and professional sports franchises to small entrepreneurs. The effort to score with high school sports coverage appears to be driven by a growing number of advertisers interested in the diverse audience attracted to scholastic events. In recent months, High School Sports The Magazine debuted in central Indiana, Emmis…

Minority hiring on track: Stadium, airport projects meeting most goals

September 3, 2007

Two of the city’s largest and most visible construction projects so far have committed roughly $300 million in contracts to minority and women business owners-a healthy sum that has the owners meeting most of their obligations. The $1.1 billion midfield terminal at the Indianapolis International Airport and the $700 million Lucas Oil Stadium are on pace to be finished the second half of 2008. All told, that’s roughly $1.8 billion in construction contracts that ultimately will be awarded. With 80…

Steam plant ups reliance on coal

September 3, 2007

Citizens Gas & Coke Utility shuttered its coke manufacturing plant earlier this summer, much to the relief of neighbors and
health officials who warned that its benzene emissions were a cancer threat. But regulatory filings show closing the plant
at Keystone Avenue and Prospect Street could result in more pollution downtown.

EYE ON THE PIE: Should we consolidate libraries?

September 3, 2007

At last, we have a commission working to see if we can improve government in Indiana through reorganization. Former Gov. Joe Kernan and Supreme Court Justice Randy Shepard are leading the effort. Some of us are concerned that the commission has been established to find ways not to improve government services, but to cut local property taxes. The two goals might not work in the same direction. Public libraries are often cited as ripe for consolidation. There are 238 of…

When it comes to LEED, Indiana trailing: But area designers, contractors see green progress

September 3, 2007

No environmentalist would mistake Indianapolis for the poster child of green building, but local designers and contractors are preparing themselves to capture a market they expect will become an integral piece of their portfolios. The Leadership in Energy and Environmental Design standard, better known as LEED, is a benchmark of sorts for designing, building and operating environmentally friendly buildings. At least 16 projects in the metropolitan area are seeking the LEED certification, but only one so far has achieved green…

Campaign promoting local art moves into second phase: Plan to target business owners is still on the drawing board

September 3, 2007

“Be Indypendent” bumper stickers are popping up all over town. They’ve been stuck to the side of Dumpsters and the back of everything from VW bugs to cable repair trucks since debuting in July. The curious who follow the message back to its Web site discover an effort to get everyday consumers interested in buying locally produced artwork. The site (www.beindypendent.org) already has had nearly 2,000 hits from seven countries and 35 states, and now campaign organizers are looking to…

SPORTS: Lynch isn’t Hep, but he’s a coach you can root for

September 3, 2007

I recall being on the football field at Ball State University in November of 1996, moments after the Cardinals had clinched the Mid-American Conference championship. The head coach, Bill Lynch, was exceedingly thrilled, as you might expect. But he also was exceedingly humble, deflecting the credit and making sure the spotlight was focused not on him, but on his players. Fast forward to 1999, when Ball State was in the throes of a losing streak that was to reach 21…

VOICES FROM THE INDUSTRY: Choosing renovation or new construction a tough decision

September 3, 2007

Sooner or later, in the life of almost every building owner, there comes a time when a structure has outlived its usefulness in its current condition. A choice between two options must be made. Do we renovate or do we demolish and build something totally new? The answer is by no means easy or automatic. Confronted with these options, an owner must grapple with a host of issues. The following sample is not exhaustive but may prove helpful as a…

AuthorHouse parent buying self-publishing rival

September 6, 2007

Bloomington-based Author Solutions Inc. is purchasing a big rival-a move that reflects consolidation in the self-publishing industry as firms like Amazon.com take a bigger share of the business. Author Solutions, which operates as AuthorHouse, agreed to buy Nebraska-based iUniverse. Terms were not disclosed. Since its founding in 1997, Authorhouse has produced more than 45,000 books. […]

24-year-old developer tackles $30M deal

September 10, 2007

Jaron Garrett hasn’t developed anything like the 25-story tower he’s proposing. And he doesn’t come close to having the financial
muscle to pull off the $30 million project on his own. But Garrett is determined to sell his vision of transforming a downtown
eyesore at Washington and Pennsylvania streets into a twisting glass-and-steel apartment tower.

Weak dollar boosting state manufacturers

September 10, 2007

The sliding value of the U.S. dollar is boosting financial results for some of Indiana’s big exporters. The dollar recently
hit its lowest point in 15 years against an index of other major currencies, such as the euro, the Chinese yuan and Canadian
dollar.

BEHIND THE NEWS: Deal-making buzz follows Cornelius to Bristol-Myers

September 10, 2007

Jim Cornelius had such success selling Guidant Corp. last year that analysts can’t stop speculating when he’ll pull off a mega-merger at B r i s t o l – M y e r s Squibb, the firm he now leads. How about pairing it, for instance, with Eli Lilly and Co., where Cornelius used to be chief financial officer? “We’re about the same size. Both Sidney Taurel and John Lechleiter are former colleagues and good friends. You can never…

EYE ON THE PIE: Here’s where Hoosiers get it right

September 10, 2007

We don’t have to be obsessed with property taxes. All is not dreadful despite the clamor of some disaffected taxpayers. For example, La-Porte has two operating barbershops on the same street downtown. This warms the heart. Equally positive is finding an excellent housing stock in LaPorte, with many beautiful homes painted in a joyous, imaginative fashion. Can you believe the McDonald’s in Winamac opens at 4:30 a.m. and keeps its drive-through open 24 hours a day? That alone suggests a…

Hot topics:

September 10, 2007

Hanging out at the art world’s water cooler, but don’t know how to break the ice? Here are several topics IBJ has identified that will be on the tips of the tongues wagging in the local arts scene. Read and discuss amongst yourselves. What do you think of Max Anderson’s leadership at the Indianapolis Museum of Art? Since taking over in mid-2006, staff say Anderson is constantly beating this drum: The IMA is a top-10 encyclopedic museum; it’s time we…

Post-bankruptcy turnaround not taking off for ATA

September 10, 2007

More than 18 months after flying out of a bankruptcy reorganization that unloaded $1 billion of debt and costly aircraft leases,
the parent of ATA Airlines still finds landing a profit elusive. Indianapolis-based Global Aero Logistics posted a loss of
$46.1 million in the first half of 2007, according to documents it filed with the Securities and Exchange Commission.

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