Struggling developer Lauth Group Inc. has cut about 90 percent of its staff and lost control of part of its portfolio to a major equity partner-developments that raise doubts about whether the locally based company can survive the recession. The firm started 2008 with about 450 employees but after several rounds of layoffs, it now […]
The old adage that retail follows rooftops is only partially true; retail also follows taxpayer-funded incentives. Simon Property Group Inc. built central Indiana’s newest mall, Hamilton Town Center, along a major thoroughfare in one of the state’s most appealing spots for retail. Yet both Simon and Noblesville officials say the $126 million project would not […]
The Nature Conservancy broke ground Thursday for its new Indiana headquarters. The organization still needs to raise most of the $4.4 million cost of the building, but…
The Nature Conservancy’s Indiana chapter is set to break ground on its new, $4.4 million headquarters in downtown Indianapolis, even though a large amount of the money still needs to be raised from donors. A “significant” contribution from the Efroymson Family Fund is enough to begin construction of the building, which will be called the […]
The Nature Conservancy’s Indiana chapter is set to break ground on its new, $4.4 million headquarters, even though a large amount of the money still needs to be raised from donors. A “significant” contribution from the Efroymson Family Fund is enough to begin construction of the building, which will be called the Efroymson Conservation Center, […]
U.S. jobless claims fell more than expected for the second straight week, but the number of Americans continuing to receive unemployment insurance benefits rose above 6 million for the first time. Analysts expect the labor market to remain weak for the most of this year, as many employers are reluctant to hire until an economic […]
Last week, I offered tickets to the 16th annual Stutz Artists Open House, happening April 24-25. I also asked you to tell me the first piece of art you can remember making or seeing. Here is a sampling of the many “art you made” responses: “Etch-a-sketch.” (Debby Blake) “A construction paper cherry tree for George […]
The Indianapolis Cultural Trail yesterday announced major donations from the Christel DeHaan Family Foundation and Indiana Pacers. It also unveiled three public art works that will be exhibited in the Northeast Corridor stage of the trail, which is now under construction. The DeHaan foundation gave $250,000 and the Indiana Pacers $100,000 toward the Cultural Trail’s […]
United Way of Central Indiana announced this morning that it would provide $1.3 million to two local housing projects as part of Indianapolis’ Blueprint to End Homelessness campaign. A $1 million grant to the Julian Center for abused women will help construct 71 permanent housing units at 34th and Meridian streets. United Way also will […]
United Way of Central Indiana announced this morning that it would provide $1.3 million to two local housing projects as part of Indianapolis’ Blueprint to End Homelessness campaign. A $1 million grant to the Julian Center for abused women will help construct 71 permanent housing units at 34th and Meridian streets. In 2001, United Way […]
ArcelorMittal SA plans to shut down steel-bar operations at its East Chicago plant, resulting in layoffs for 400 employees, the Chicago Tribune reported yesterday. The layoffs of both union and non-union workers affect 8 percent of the plant’s work force, the newspaper said. The closure will be indefinite. Luxembourg-based ArcelorMittal produces about 10 percent of […]
Mayor’s CIB plan leaves food-beverage tax alone Scott [email protected] Mayor Greg Ballard’s plan to rescue the city’s Capital Improvement Board from an approaching $47 million budget deficit wouldn’t raise the local food-and-beverage tax, but it would increase several others already targeted in a bill moving through the state Legislature. The mayor appeared at the monthly […]
A major section of Keystone Avenue in Carmel is now closed for construction. Keystone between 131st Street and U.S. 31 will remain shut down for about 45 days. Carmel city leaders say the closure will help save more than a half-million dollars in construction costs and allow the new Keystone-136th Street interchange to open before […]
Indiana and Purdue universities are well-positioned to take advantage of the $11.5 billion available for life sciences and
biotech research from the federal stimulus package.
Indiana is becoming not only a hotbed of “pharmacogenomics” research, but also a trailblazer in finding practical ways to
use it on the practitioner level.
The Marion County Capital Improvement Board’s bailout depends on the success of Indianapolis’ new downtown JW Marriott convention hotel.
Prescribe the wrong dose and some drugs won’t work. Or the patient is as good as dead. Consider the rat-poison-turned-blood-thinner warfarin, also known as Coumadin. Too much and a patient can bleed to death, too little and he can throw a clot and have a stroke. Given the considerable consequences of improper dosing for patients-and […]
The pressure on Indianapolis’ new downtown JW Marriott convention hotel to perform-despite the recession-is about to increase exponentially. The Marion County Capital Improvement Board’s bailout depends on it. CIB, which manages the city’s professional sports stadiums and its convention center, needs to close a $47.4 million annual budget deficit. On April 2, the Indiana Senate’s […]
Renovating a zoo facility called Monkey Island. Upgrading school toilets so they don’t flush when no one is around. Creating the world’s fastest alternative-fuel vehicle. Turning idle factory space into fish farms. State officials wanted suggestions on how to spend Indiana’s share of federal stimulus money, and they got plenty of ideas. About 9,000 proposals […]
A $21 million construction project kicks off today in Fishers as crews prepare to widen 126th Street from State Road 37 to Olio Road. Actual construction will begin in July. The project is expected to take three years to complete. The project will require crews to replace three bridges, including the bridge over Interstate 69.
