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VIEWPOINT: Get on board with transit, or miss the bus

March 31, 2008

The Crossroads of America is at a crossroads-a transportation crossroads. And the direction we choose will affect our area’s competitiveness and economy for decades. It’s imperative that we embrace mass transit. Mass transit matters because it correlates to a key concern for companies planning to move or expand: access to a qualified work force. In choosing a community, companies assess obvious factors such as site acquisition costs and taxation, but even those typically take a back seat to work-force access….

Polishing the pitch: Business-plan competitions give student entrepreneurs experience, exposure

March 31, 2008

College entrepreneurs in Indiana are sharpening their business plans and practicing their pitches in hopes of convincing experts-the possibly funders-that they’ve come up with the next big idea. The venue: the increasingly highstakes competitions that universities here and elsewhere sponsor to give them practice selling themselves and their ideas. Success can come with more than bragging rights, since judges often include venture capitalists who can help transform finalists’ dreams into reality. “I can’t imagine a better way to train for…

Real-world experience-for real: IUPUI’s Global Design Studio lets students tackle projects around the planet

March 31, 2008

New Orleans and Indonesia are worlds apart, yet linked by devastation from catastrophic floodwaters and by the outpouring of empathy that has ensued. An effort launched four years ago on the campus of IUPUI to involve design students in actual construction projects is responsible for a portion of the good will. The Global Design Studio is helping to rebuild areas ravaged by Hurricane Katrina and, to a lesser extent, the tsunami. Its projects also include renovating a boarding house in…

Schellinger rolls out economic development plan

March 26, 2008

Democratic candidate for governor Jim Schellinger wants to base economic development on a bottom-up style that includes work-force training, small-business advancement and pushing green jobs and buildings. Schellinger, president of CSO Architects in Indianapolis, is scheduled to unveil his plans at an early afternoon news conference at the Statehouse. IBJ obtained an advance copy of […]

ECONOMIC ANALYSIS: Final version of tax reform deserving of accolades

March 24, 2008

The practice of economics certainly can compel a man to cynicism. Take, for example, tax reform. I’ve testified on tax reform before legislatures in three states and one foreign country. Each had much bigger tax problems than does Indiana. Today, in each of those places, several solid proposals languish under the assault of special interests, much to the chagrin of taxpayers. Here in Indiana, the story is different. The past few months have seen reasoned and informed debate on property…

Legislators tackle range of business-related measures:

March 24, 2008

Property tax reform took center stage during the just-completed session of the Indiana General Assembly. But lawmakers also grappled with a host of other measures with business implications. A roundup appears below. ILLEGAL IMMIGRATION ENFORCEMENT One of the session’s most divisive issues-whether to penalize companies that hire illegal immigrants-died during the waning hours. Under the legislation, introduced by Sen. Mike Delph, R-Carmel, companies could have had their business licenses suspended, or revoked after three instances. The Senate and House passed…

Mortgage blues haven’t hit all: Some firms are holding their own despite housing, credit slump

March 24, 2008

The local office of Cleveland-based KeyBank has hired a banking veteran to lead a revamped mortgage department that will boast a larger sales force. And locally based mortgage firm Signature Group recently completed construction of its new headquarters and added three brokers. In this climate of ballooning foreclosures and rising interest rates, one might wonder whether executives of the aforementioned institutions are reading the wrong spreadsheets. To the contrary, despite the gloomy picture monthly housing statistics paint, they are among…

Credit-market turmoil casts uncertainty over ITT Educational Services

March 24, 2008

ITT Educational Services Inc. and other for-profit schools are facing a maelstrom of financial threats that analysts say could
hurt student recruiting and profit margins–and already has driven stock prices down sharply. ITT shares are off 61 percent
since hitting an all-time high of $131.82 in November.

SPORTS: ‘The Luke’ and its potential are finally real to us

March 24, 2008

And in less than five months-if, as we used to say in Center Grove, the Good Lord’s willing and the cricks don’t rise-it no longer will be just that mammoth structure rising between West and Missouri streets. It will be ours, and in that personal pronoun, I mean, sincerely, that Lucas Oil Stadium will belong to all of us, not just residents of Indianapolis and the contiguous counties who have pitched in on the funding, but to all Hoosiers who…

Menards races back to IRL

March 18, 2008

The company that powered Tony Stewart to the 1997 Indy Racing League championship is coming back to open-wheel racing. John Menard confirmed that his Menards chain of hardware superstores will be sponsoring Tony…

Knauf plans state’s first ‘gold-certified’ building

March 17, 2008

in an uncommon move among Indiana manufacturers typically more preoccupied with foreign competition and deteriorating margins,
Knauf Insulation is rebuilding its research and development facility, destroyed in a fire last year, to make it 30 percent
more energy-efficient than a conventional office building of its size.

STATEHOUSE DISPATCH: Lawmakers left lots of touchy issues for waning days

March 17, 2008

As we prepared this column at midweek, there still was no certainty about a property tax relief and reform package resulting from the regular session, set to adjourn sine die March 14. While some lawmakers were proclaiming no hope of enacting a package before time expired in the regular session, others were seeing movement toward a plan that was structured largely along the lines of the original package offered by Gov. Mitch Daniels. Democrats altered strategy as the scheduled adjournment…

Students finding robotics irresistible: Competitions promote interest in technology

March 10, 2008

On the same day this month when high school boys’ basketball teams compete to advance to the state finals, another event showcasing the talents of Indiana’s youth should be just as climactic. Only this contest emphasizes academics over athletics. The three-day Boilermaker Regional at Purdue University that culminates March 15 will host roughly 40 high school robotics programs, including 26 schools from Indiana. Students will apply their engineering and computer programming skills to design and build task-performing machines. The winning…

Commentary: Why are we so afraid of immigration?

March 10, 2008

Indiana Senate Bill 335 is a poorly crafted public policy that fails to reflect the totality of immigration and the societal and economic issues associated with it. Hispanics are the nation’s largest minority group, numbering 47 million. About a quarter of Hispanic adults, roughly 11 million, are unauthorized immigrants. The Pew Hispanic Center estimated Indiana’s unauthorized immigrant population at 65,000, roughly 1 percent of the population. In 2004, 93 percent of unauthorized men age 18-64 were in the labor force,…

STATEHOUSE DISPATCH: Nitty-gritty details yet to be resolved in tax-reform plan

February 25, 2008

We’ve come a long way since the beginning of this legislative session, and lawmakers are edging closer to assembling a property tax reform acceptable to both chambers, both major parties and the governor. Lawmakers faced competing pressures from constituents, the governor, business interests, schools and local governments, and citizen groups as they tackled the issue, but they resolved to labor with a minimum of partisanship. Of course, they frequently make the same pledge when dealing with major issues, but an…

Airport may pay $8.8 million for hotel: Deal pending; Westin won’t open until at least 2009

February 25, 2008

The Indianapolis Airport Authority board this month approved spending up to $8.8 million to help fund construction of a hotel connected to the midfield terminal set to debut Oct. 28. But delays in finalizing a deal with developer Mansur Real Estate Services means the $50-million-plus Westin will not be ready for guests until August 2009 at the earliest. The airport board picked Indianapolis-based Mansur to build the hotel nearly a year ago. “We’re still talking about what it’s going to…

Indy to host Urban Forum: Group that helps revitalize properties to showcase city’s projects

February 25, 2008

Visitors in Indianapolis for the Urban Forum in April might patronize Jockamo Upper Crust Pizza in Irvington not only to sample the food but also the success of a neighborhood business district revitalization program. The pizzeria benefited from an effort called Fostering Commercial Urban Strategies, or FOCUS, through a $16,000 facade grant from the Indianapolis chapter of the Local Initiatives Support Corp. Indianapolis is one of 30 cities boasting LISC chapters. Nationally, they invested more than $1 billion in low-income…

New Black Expo leader focusing on finances: Bell will draw on skills as attorney, community volunteer

February 25, 2008

Less than a month after starting a job she didn’t know she wanted, Indiana Black Expo CEO Tanya Bell has big plans for the nation’s oldest and largest group of its kind. Bell wants to diversify the statewide organization’s revenue stream and expand its already-impressive roster of more than 100 corporate sponsors. Doing that will mean raising awareness of the year-round programs that have been overshadowed by IBE’s two signature events: its annual Summer Celebration and Circle City Classic football…

Streetcars work in Portland, but viability here uncertain

February 25, 2008

If the introduction of modern streetcars to one West Coast city can be replicated here, Indianapolis would see new, higher-density
housing and related retail and restaurants shadowing the line. Fallow areas crossed by the tracks would become fertile for
new investment. At least that was the case in Portland, Ore., a city mesmerizing to Indianapolis civic leaders, who last month
formed Downtown Indianapolis Streetcar Corp. They risk being run out of town on a rail: a streetcar line will cost…

Humane Society’s barking honored

February 18, 2008

Humane Society’s barking honored The Humane Society for Hamilton County was among eight animal-rescue groups in the nation to win a national marketing contest by Maddie’s Fund, an Alameda, Calif.-based pet rescue foundation. The Noblesville-based group was awarded $15,000 for pioneering efforts to place disfigured, blind, deaf, unattractive or shy pets and those with medical […]

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People

Susie Ripley

Articles

VIEWPOINT: Get on board with transit, or miss the bus

Polishing the pitch: Business-plan competitions give student entrepreneurs experience, exposure

Real-world experience-for real: IUPUI’s Global Design Studio lets students tackle projects around the planet

Schellinger rolls out economic development plan

ECONOMIC ANALYSIS: Final version of tax reform deserving of accolades

Legislators tackle range of business-related measures:

Mortgage blues haven’t hit all: Some firms are holding their own despite housing, credit slump

SPORTS: ‘The Luke’ and its potential are finally real to us

Menards races back to IRL

Knauf plans state’s first ‘gold-certified’ building

STATEHOUSE DISPATCH: Lawmakers left lots of touchy issues for waning days

Students finding robotics irresistible: Competitions promote interest in technology

Commentary: Why are we so afraid of immigration?

STATEHOUSE DISPATCH: Nitty-gritty details yet to be resolved in tax-reform plan

Airport may pay $8.8 million for hotel: Deal pending; Westin won’t open until at least 2009

Indy to host Urban Forum: Group that helps revitalize properties to showcase city’s projects

New Black Expo leader focusing on finances: Bell will draw on skills as attorney, community volunteer

Streetcars work in Portland, but viability here uncertain

Humane Society’s barking honored