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Articles

Carmel’s play for the arts: Some fear it will come at Indianapolis’ expense

July 21, 2008

The $80 million-plus Carmel Performing Arts Center, a neo-classical-styled concert hall designed to be an acoustical masterpiece, is still two years from opening. But it’s already the source of some dissonance in the Indianapolis arts community to the tune of Mozart’s String Quartet No. 19, in C major. On one hand, Indianapolis-area performing arts groups would sacrifice to theater god Dionysus for a chance to perform at the 1,600-seat music hall or at its adjacent 500-seat theater. But others fret…

Business leaders battle over real estate left behind by Payton Wells

June 9, 2008

The Malibus and Impalas disappeared from Payton Wells Chevrolet more than 18 months ago, but the controversy over the defunct
dealership at 1510 N. Meridian St. is far from being in the rearview mirror for some of the city’s top businesspeople and
developers. A court battle over the dealership’s properties could determine when and how the roughly six acres of prime land
are redeveloped.

Test run of commuter rail could be relatively cheap

May 19, 2008

Planners and politicians spent the better part of a decade and untold millions of dollars studying a mass transit system between
downtown and the suburbs. They have little to show for it except mounds of reports and an estimate of $690 million, but the
boys in bib overalls at the Indiana Transportation Museum think they can get it done for much less.

St. V: ERs needed in suburbs: Traditionally unprofitable service could thrive in two growing areas

April 14, 2008

Building these facilities i n proven “growth markets” such as Boone and Hamilton counties, however, should prove more prosperous, insists St. Vincent CEO Vincent Caponi. A more upscale demographic is the telling factor. Yet, the network of hospitals is not about to abandon its purpose of serving the needy. “That doesn’t mean the poor and underserved aren’t going to be coming to our front door,” Caponi said. “That’s always been part of our mission. We will continue [to], and gladly,…

Hoosiers moving to the country, study finds

March 10, 2008

Indiana’s population is migrating to rural areas, a new study shows. Unincorporated areas added nearly 148,000 residents between 2000 and 2006, a growth rate of 7 percent, said the study, which was conducted by the Indiana Business Research Center at Indiana University. Incorporated areas grew by 85,000 people, or 2.1 percent. The trend was strong […]

Kite lands in hot retail spot

February 25, 2008

Another high-profile local developer is making a move to capitalize on the city’s hottest retail corridor, joining mall giant
Simon Property Group Inc. and upstart Premier Properties USA Inc. Kite Realty Group Trust paid $18.3 million for Rivers Edge
shopping center, a 111,000-square-foot property just east of Clearwater Crossing.

Of battles won and trouble ahead: Peterson says state action key to city’s future

December 31, 2007

Democrat Bart Peterson leaves office in early January after two terms as mayor of Indianapolis. Succeeding him will be Republican Greg Ballard, a former lieutenant colonel in the U.S. Marine Corps who parlayed property-tax outrage into a surprise win. As Peterson, 49, prepared to leave office, he sat down with IBJ. The following is an edited version of the interview. IBJ: You didn’t expect to be stepping down this year. What was the most significant priority you had planned for…

EYE ON THE PIE: Fiscal bombs in Hoosier political waters

December 24, 2007

The Indiana Department of Local Government Finance (DLGF) issued a “Citizens’ Guide to Property Taxes” on Nov. 20. That document contains the following paragraph: “What factors contribute to property tax increases? Local spending is the reason for property tax increases-or decreases-depending on local fiscal management. Other factors that contributed to increases during the 2006-2007 pay cycle include the elimination of the inventory tax and the onset of the annual adjustment process, also known as ‘trending.'” Got that? Property taxes rise…

Critics fear tax reform will favor suburbs

December 10, 2007

As legislators prepare to overhaul the state’s property-tax system, Marion County’s future hangs in the balance. Indianapolis
residents–particularly in the city’s older, urban core–already pay far higher taxes than their suburban counterparts. And
arguably get less bang for their buck. Changes on the table could make Marion County an even tougher sell.

IPS superintendent doesn’t shy away from challenges

December 3, 2007

Indianapolis Public Schools Superintendent Eugene White, in his third year as head of the state’s
largest school district, is determined to reverse the long decline of the state’s largest school district. The status quo
is not an option.

Carmel claims victory in latest annexation court case:

October 22, 2007

Carmel has another appellate victory on the issue of annexation after an Indiana Court of Appeals ruling on Oct. 17. The state’s second-highest appellate court decided that the city adequately proved it could afford to annex part of a nearby community into its municipal borders, and that a Hamilton County judge erred in auditing a financial plan and ruling in favor of the remonstrators. The unanimous decision in City of Carmel v. Certain Home Place Annexation Territory Landowners, No. 29A04-0510-CV-578,…

Health hot spot rises in Brownsburg

September 17, 2007

Plans abound to bring new health care facilities to Brownsburg, one of Hendricks County’s fast-growing towns. Some familiar
local names, such as OrthoIndy, St. Vincent Health and Clarian Health Partners, all have claims to land in the Brownsburg
area.

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…

Five Guys has big Indy plans

July 26, 2007

Five Guys Famous Burgers and Fries has filed plans for a new restaurant near Greenwood and is looking for 10 more locations in Marion County. The chain also is preparing to open…

Will employees ride IndyGo to jobs in north suburbs?: Low fares could draw those who can’t afford to drive

June 25, 2007

With little effort, IndyGo may well pack buses on a new route starting in September from Fishers to Indianapolis. After all, the hellish commute on interstates 69 and 465 is its own best advertising for taking the bus. But while full loads each morning to big employment center Indianapolis are one thing, how about when the bus heads back to Fishers to pick up another load for the inbound commute? “It’s like a trucking firm. You want to have full…

Transportation museum rolls out expansion plan

June 18, 2007

After 47 years of relative anonymity, the Indiana Transportation
Museum is steaming ahead with an effort to increase its visibility, attract new riders and eventually grow the organization.

EYE ON THE PIE: Indiana: the land of convenience

May 21, 2007

What advantage does Indiana have over other places? Living here gives you more time for living. Put differently, Hoosiers drive fewer minutes each way each day to and from work compared to many people living in other parts of the nation. The May 7 issue of U.S. News and World Report lamented the stress placed on Americans by gridlock. It discussed the “war on traffic” and suffocating congestion. With hope, the authors pointed to new transit systems and trafficmanagement techniques…

Local manufacturer tops in laundry coin machines

May 14, 2007

Standard Change-Makers employs 118 people who make 3,500 change machines each year for self-service laundries, self-service
car washes and arcades nationwide. Local workers design, build and service change machines.

Carmel to get $30M Renaissance hotel

April 16, 2007

A prestigious, full-service hotel soon will complement Carmel’s booming office market along North Meridian Street. A Cincinnati
developer broke ground this month on a roughly $30 million Renaissance hotel with 263 rooms and 14,000 square feet of meeting
space.

Competition drives hospital chief: Lennen labors to grow hospital, county to stay ahead of Indianapolis peers

April 16, 2007

Competitive. That’s how Shelbyville community leaders describe Tony Lennen. Indeed. Any CEO of the city’s Major Hospital needs to be. Shelby County residents can, in just 20 to 45 minutes, drive up Interstate 74 or Interstate 65 to any of Indianapolis’ large hospitals, many of which boast massive marketing budgets and stables of specialists. But in nearly 14 years at the helm of Major Hospital, Lennen has found creative ways to boost profits, enhance technology, woo specialists and even-through aggressive…

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