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Articles

Judge’s ruling removes hurdles to I-69 extension

December 12, 2007

A ruling in federal court has removed several potential hurdles to the long-planned Interstate 69 extension, including one that sought to block a section through Perry Township in Indianapolis, reports the Evansville Courier & Press. The decision handed down late Monday by U.S. District Court Judge David Hamilton denied plaintiff claims that Major Moves disallowed […]

$24M makeover readies Historical Society for new era

December 10, 2007

Indianapolis Historical Society leaders are taking the next step in the evolution of the archival-research-based group. The
group’s 8-year-old facility, the Indiana History Center, is getting a Disneyesque makeover, as is its programs.

Six teams in running for public art award: Commission will choose two winners in January

December 10, 2007

Six finalists have pitched their visions for public art projects as part of the Arts Council of Indianapolis’ second “Great Ideas” competition, aiming to inspire and educate area residents-and encourage them to slow down and contemplate life. The contest kicked off in 2005, when two artists each got $40,000 in funding from the Indianapolis Cultural Development Commission. This year, a seven-person panel will weigh the proposals and select two winners, each of whom gets a $3,000 stipend and $15,000 to…

Kenley a go-to guy in taxing situations: Influential senator sees public service as his duty

December 10, 2007

Take a look at some of the most complicated, heated and thankless Statehouse negotiations and chances are you’ll find Republican Sen. Luke Kenley smack in the middle of the fray. While some Hoosiers are hard-pressed to attend a school board meeting or even try to understand their property-tax bills, the 62-year-old chairman of the Senate Tax & Fiscal Policy Committee sits through hours of public hearings and even more hours of closed-door negotiations. This General Assembly promises to be one…

Borshoff lands White River marketing contract

December 5, 2007

White River State Park has selected Indianapolis-based Borshoff Inc. to handle its public relations and marketing for the next two years. The contract is for a minimum of $382,000, including a $312,000 advertising budget from the Imax Theater and $70,000 in dollars pooled from all the park’s venues. The co-op pool may increase its funding […]

Health Systems lands investment

December 4, 2007

Health Systems International LLC has received an equity investment from Great Point Partners LLC, a private investment firm headquartered in Greenwich, Conn., that focuses on health care. The amount was not disclosed, but Great Point said today that the funding will help the Indianapolis company bankroll acquisitions. Great Point Managing Directors Christopher M. Laitala and […]

WellPoint broadens push to improve health

December 3, 2007

WellPoint, Indiana’s largest health insurer, is making more noise than ever about what it’s doing to help improve Hoosiers’
and Americans’ health.

Minorities, women turn to franchises: Proven business systems offer more opportunities

December 3, 2007

Betsy Knoke’s northeast-side business is the latest addition for Colorado-based 10 til 2, a franchised staffing service that places college-educated individuals in part-time employment. On a grander scale, the landscape-architect-turned-business-owner is among the scores of women and minorities who are finding business opportunities through franchises. A report issued in October by the IFA Educational Foundation found minorities own 20 percent of the nation’s franchises and women 25 percent. The affiliate of the International Franchise Association in Washington, D.C., used U.S….

Fiscal Policy Institute board to retrench

November 28, 2007

About three months after the Indiana Fiscal Policy Institute quietly closed its doors, the board has decided to make a comeback with a new leader charged with fewer duties. Board President Bob Kraft said the organization hopes to hire an executive director – who will oversee research and policy development – by February. Fund raising […]

High-speed rail still on slow track in state: Economic study, innovative financing explored

November 26, 2007

The effort to put high-speed trains into service in Indiana and eight other Midwestern states sometimes seems as fanciful as the first manned flight to Mars. There have been years of talk and countless meetings. And it will be many more years before a vehicle is fueled-and-ready, if ever. In the 13 years since the Indiana High Speed Rail Association was formed in Highland, the closest thing to high-speed rail Hoosiers have seen is an occasional speedy European locomotive brought…

Full incubator widens reach: Tech center to help non-tenants

November 26, 2007

The “no vacancy” sign hanging at an Indiana University business incubator has prompted officials to launch a program in which startup companies can gain access to support services without renting space. IU’s Emerging Technologies Center, on West 10th Street near the Central Canal, houses 25 companies in about 44,000 square feet of space. The center has been operating at full capacity the past two years and has a waiting list of four companies. For those who can’t get into the…

Jones calls quid pro quo insinuation ‘ridiculous’

November 26, 2007

For a preview of how Indiana’s 2008 gubernatorial election will play out, look no further than the emerging tussle over entrepreneur
Scott Jones’ $4 million in awards from the state’s 21st Century Research & Technology Fund.

Union says utility owes $115M

November 19, 2007

In a case with huge financial implications for Indianapolis Power & Light and Virginia parent AES Corp., a labor union and
16 IPL retirees have asked regulators to force the utility to pay up to $115 million to back-fund a retirement plan it spun
off in 2001.

EYE ON THE PIE: Resurrecting important tax reforms

November 19, 2007

With new mayors and council members in many of our cities, it’s time to drag out some previous suggestions for fiscal reform. First, it’s time to reconsider propertytax abatement. But we can’t understand property taxes and their abatement if we don’t understand assessment practices. And, it is not clear what is happening these days with property assessment. For example, does a property’s assessed value change automatically when it is sold, or does it change only in line with the trend…

Ballard’s sketchy agenda fuels unease

November 12, 2007

The afternoon after Greg Ballard’s shocking victory at the polls, the mood was sober at Marion County Republican headquarters.
Jubilation had given way to reality. Although mayor-elect Ballard described himself “as tired as a guy could get,” he has
no time for a break. And what the former U.S. Marine Corps lieutenant colonel will do is largely a mystery.

Ballard to review city’s art spending: Arts leaders concerned gains made during Peterson’s tenure will be lost

November 12, 2007

Mayor-elect Greg Ballard said he’s got nothing against spending city money on the arts, but his administration nevertheless will evaluate whether devoting $2.5 million to it each year is the best use of that money. “It’s OK to fund [the arts] as long as people are relatively safe in the city,” Ballard said. Though acknowledging Indianapolis’ “vibrant arts community,” Ballard said it’s mostly privately funded. “I’m not saying I’m going to cut all of the arts [funding],” he said. “We’ll…

Pro-business mayor ousted in Anderson

November 7, 2007

Anderson voters yesterday ousted Mayor Kevin Smith, a Republican who had spent much of his energy trying to revitalize the city’s sagging economy. Replacing Smith is Kris Ockomon, an Anderson police detective who is a Democrat. Ockomon hammered Smith over the direction he was taking with economic development, and Smith said in an interview today […]

Arts leaders tout Peterson

November 6, 2007

The race between Indianapolis Mayor Bart Peterson and his Republican challenger, Greg Ballard, became interesting
in the final days, and not just because Ballard suddenly got traction in a widely publicized poll.

In the past few days, two prominent arts leaders…

Medical-device startup lands venture capital: Symbios bringing orphan Biomet technology to market

November 5, 2007

When large companies make innovations that don’t fit their business plan, the discovery often ends up gathering dust on a shelf. But entrepreneurs are eager to build new companies around these orphaned technologies. Four years ago, Jeffrey Alholm spotted just such an opportunity. Warsaw-based Biomet Inc. had tabled a promising anesthetic-dispensing device. So Alholm formed Symbios Medical Products LLC and cut a deal to secure its rights. Now, Symbios has a chance to commercialize the device widely, thanks to a…

Not your father’s car lot: Auto dealers grab attention with livelier designs

November 5, 2007

The three-tiered floor gives a commanding view of the flick playing on the big screen. Down the hall, other guests sit entranced behind flat-panel TVs in a spacious lounge, or check their e-mail courtesy of the building’s wireless signal. Not far away, 20 kids and their parents celebrate a birthday party. It’s not a movie theater, a Hilton or a Chuck E. Cheese’s: It’s Burd Ford’s new facility at 10320 E. Pendleton Pike. These days, almost every new or remodeled…

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