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Good banking relationship can help business:

May 29, 2006

Capital is the lifeblood of any business. But fresh infusions of money are particularly important for startup and small businesses, since they often can’t fund new equipment, employees or facilities out of their cash reserves or profits. The top three sources of new capital for small business are owner’s equity (33 percent) bank loans (20 percent) and trade credit (15 percent). Let’s focus on bank loans and simple ways that small-business owners can improve their chances of getting a loan…

My Favorite Cigar Bar: Bar offers stogies with its scotch Liquor license helped cigar store attract customers who may linger

May 22, 2006

“Cheers” in Brownsburg? Regulars at My Favorite Cigar Bar say it’s just like that fictional Boston watering hole “where everybody knows your name”-or like it would have been if Cheers had sold cigars as well as drinks. Hendricks County’s version of the popular pub occupies an old-fashioned brick storefront at 36 E. Main St. The brainchild of Brownsburg couple Bruce and Lisa Freestone, it is-as the name suggests-both a bar and cigar shop. “We’re the only such cigar store in…

Tower erector rises from ruin: Once bankrupt, water tank firm grows into industry giant, acquires competitor

May 22, 2006

From the ashes of bankruptcy in 1986, an Avon-based firm has ascended to the top of an industry that might seem old-fashioned: building and maintaining water towers. But the owners of Phoenix Fabricators and Erectors Inc. say new demand for their product, driven by factors as diverse as aesthetics and alternative fuels, promises to boost the firm’s $80 million in annual sales as Phoenix grows from within and through acquisitions. Phoenix this month acquired Sebree, Ky.-based Pittsburgh Tank and Tower…

EYE ON THE PIE: Sometimes competition is a bad thing

May 8, 2006

You are getting older, living alone. You want to continue living where you are. You don’t want to move in with your children and you think they might not want you. You don’t want to move to some assisted-living place and give up so much of what you have known for so long. You are disabled or otherwise unable to cook for yourself. Where do you turn? Your first thought is Meals on Wheels. You (or a member of your…

Special events pay off: Growth seen in career opportunities, event numbers

May 8, 2006

Special events aren’t just fun and games-they’re big business, generating careers and economic activity that are anything but frivolous. Special event spending in Indianapolis is nearly $3 billion a year, according to Bob Shultz, public relations director for the Indiana Convention & Visitors Association. Annual spending for special events worldwide is $500 billion, according to research conducted by the Chicago-based International Special Events Society. In Money Magazine’s annual “Best Jobs in America” survey, meeting and convention planners were ranked in…

NOTIONS: A primary primer on the need for simpler government

May 1, 2006

Do you know the name Kelly Bentley or Derek Redelman? Michael Brown or Michael Rinebold? How ’bout Barbara C o l e m a n – K n i g h t , Barry Campbell, Judie Williams, Karon Williams, Maureen Jayne, Milton Baltimore Jr. or Olgen Williams? Even if you’ve heard these names, do you know these people’s backgrounds, what experience they bring to the table, what they preach and practice? Do you know who, if anyone, supports them financially…

BEHIND THE NEWS: Former Brightpoint worker gets boost from defender

May 1, 2006

B r i g h t p o i n t Inc.’s former director of risk management, Timothy Harcharik, doesn’t have a high-powered legal defense team. His federal public defender, James McKinley, is accustomed to representing people accused of drug crimes, not those charged with participating in a multimillion-dollar accounting fraud. But McKinley has done right by Harcharik so far. On April 20, federal Judge Larry McKinney of Indianapolis dismissed the indictment against Harcharik, siding with McKinley in a months-long…

Cleveland tech firm going west: Parker Hannifin falls short of employment promises, plans to leave Intech Park

May 1, 2006

A Cleveland-based technology giant plans to move its Intech Park operation next month, leaving behind some attractive office space and a broken promise to create jobs. Parker Hannifin Corp. will consolidate its Indianapolis location into a California site, spokesman Jim Cartwright said. It should empty its 30,700-square-foot offices in the park’s Intech 10 building by the end of June. The move will have no impact on Parker Hannifin’s Tell City production facility, which employs about 100 people who make industrial…

CHRIS KATTERJOHN Commentary: Congress should resurrect immigration compromise

April 17, 2006

As I left work April 10, I noticed a steady stream of cars pulling off Washington Street into the IBJ Corp. parking lot. The cars were full of Hispanics who had come downtown for the Big March. The sidewalks, too, held a steady flow of Hispanics heading east toward what turned out to be one of the largest public political rallies in city history. Most of the people I saw looked young-in their teens, 20s or 30s-and seemed to be…

BEHIND THE NEWS: Kite’s quest to fix Glendale reverberates on Wall Street

March 27, 2006

N o r t h – s i d e r s aren’t alone in eagerly awaiting Glendale Mall’s redevelopment plan. Wall Street is watching what happens next, too. Glendale is the largest of the 40 retail properties Indianapolis-based Kite Realty Group Trust operates. The North Keystone Avenue shopping mall collects annual rent of $2.5 million, representing more than 4 percent of the company’s total. So what Kite will do with the ailing, 724,000-square-foot property was topic No. 1 last…

BEHIND THE NEWS: Consumer spending spree gives spark to Simon stock

February 13, 2006

It’s becoming almost ho-hum for Simon Property Group Inc. Another year, another round of eye-popping returns for the company’s shareholders. The Indianapolis-based mall owner, by far the nation’s biggest real estate investment trust, just closed the book on 2005, a year when funds from operations-a key measure of REIT performance-zipped up another 13 percent. Simon shares last year rose 18 percent. Including reinvested dividends, the stock in 2005 returned 23 percent. It was the fifth year in a row the…

Urban malls improvise: Lafayette Square, others struggle in changing retail world

February 13, 2006

Lafayette Square Mall on the city’s northwest side has all the marks of a decaying urban mall: Most major national retailers have fled, a church occupies a former department store space, and the surrounding neighborhood has fallen out of favor among shoppers and businesses. But is the mall destined for a date with a bulldozer, as has happened with old malls in other cities? Not everyone thinks so. Lafayette Square still has good access from Interstate 65, apparently committed ownership…

Aearo aiming for IPO: Giant in safety equipment wants to raise $230 million, plans overseas expansion

January 16, 2006

An Indianapolis company that makes earplugs, hard hats and other protection gear used by everyone from soldiers to construction workers has laid the foundation for an initial public stock offering. Aearo Technologies Inc. plans to raise up to $230 million in the offering and list its shares on the New York Stock Exchange, according to its registration statement filed late last year with the U.S. Securities and Exchange Commission. But the filing leaves blank a number of key details-such as…

Malls fight for tax savings: Owners see appeals pay off; inconsistencies plague process

December 19, 2005

Shopping mall owners were ecstatic when their property tax bills dropped as a result of reassessment in 2002. Some of them are even giddier now. Three of Indianapolis’ enclosed malls-Castleton Square, Lafayette Square and Glendale-have since won large appeals and had their combined annual property taxes reduced almost $1 million. Pending appeals of the taxes at Circle Centre and Fashion Mall will be decided within months and could mean even more money in the pockets of mall owners. Before 2002,…

Women inventors pursue their creative dreams: From doggie car seats to valve-less hydraulic systems, these visionaries keep creating practical products

December 12, 2005

Windshield wipers, disposable cell phones, Scotchgardâ„¢, the first automatic dishwasher, disposable diapers, Barbie dolls, nonreflective glass, brassieres, CPR mannequins and “whiteout.” These items have one key feature in common-they were all invented by women. Since the U.S. Patent and Trademark Office does not keep gender statistics, it is impossible to know exactly how many patents women hold. One thing is certain: since 1809 when Mary Dixon Kies became the first woman to receive a patent from the government, many other…

TOM HARTON Commentary: Key Cinema steps aside for Godzilla

December 5, 2005

Ron Keedy is more philosophical than bitter as he watches his business model-if not his livelihood-slip away. Keedy, the owner of Key Cinemas, is converting his 6-year-old artfilm house on South Keystone Avenue into an outlet for secondrun, family-friendly movies. Art films are his passion, but Keedy, 60, is being squeezed out of the business by Landmark Theatres, a national chain of art film cinemas opening Dec. 9 at the Fashion Mall at Keystone at the Crossing. No one would…

Kite flies third plan for Nora project: Developer scales back condos, dangles Whole Foods Market

November 7, 2005

Developer Paul Kite is back for a third round in his battle with Nora residents to develop a condominium/retail project on the last undeveloped corner of 86th Street and Keystone Avenue. In plans submitted to the city and to neighborhood groups, Kite’s PK Capital LLC has drastically trimmed the number of condo units planned for the 13 acres, but reintroduced the concept of a specialty grocery on the site. PK is working to bring the state’s first Whole Foods Market…

Tenacious spirit pays off for top real estate agent: With $45 million in 2005 home sales, Bif Ward just doesn’t give up when it comes to serving clients

October 10, 2005

Bif Ward has racked up some impressive numbers during her 26 years in residential real estate, and many think that’s because she caters exclusively to A-list clientele with pricey properties to buy and sell. But Ward is smart enough to know that brokering only for corporate bigwigs and local celebrities would get her nowhere fast, especially in a town where the average home price is just over $162,000. “All these expensive listings-if that’s all I did, I’d be broke,” said…

Browning launching $10 million equity fund: Firm seeking investors for local industrial properties

October 10, 2005

After 28 years in the real estate development business, Browning Investments Inc. is inviting investors to take a cut of some of its deals. The locally based firm plans to launch a private investment fund to buy properties, mostly central Indiana industrial buildings. Browning officials are working on raising $10 million in equity for a fund that will leverage debt to acquire $30 million to $40 million in properties. They hope the fund will be the first of several. The…

City’s mall gamble paid off: After 10 years, Circle Centre at core of rejuvenated downtown

September 5, 2005

In February, Goldsmith suspended construction while he and advisers analyzed options. Within months, he gave Circle Centre the green light, and construction resumed-but not because he was convinced the project would succeed. “In the end, we decided job creation in the urban core and the psychological survival of the city were dependent on some development occurring downtown,” recalled Goldsmith, now a professor at Harvard University. “We went forward with the mall with great anxiety.” Today, 10 years after the September…

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1,101 results for 'fashion mall'

Articles

Good banking relationship can help business:

My Favorite Cigar Bar: Bar offers stogies with its scotch Liquor license helped cigar store attract customers who may linger

Tower erector rises from ruin: Once bankrupt, water tank firm grows into industry giant, acquires competitor

EYE ON THE PIE: Sometimes competition is a bad thing

Special events pay off: Growth seen in career opportunities, event numbers

NOTIONS: A primary primer on the need for simpler government

BEHIND THE NEWS: Former Brightpoint worker gets boost from defender

Cleveland tech firm going west: Parker Hannifin falls short of employment promises, plans to leave Intech Park

CHRIS KATTERJOHN Commentary: Congress should resurrect immigration compromise

BEHIND THE NEWS: Kite’s quest to fix Glendale reverberates on Wall Street

BEHIND THE NEWS: Consumer spending spree gives spark to Simon stock

Urban malls improvise: Lafayette Square, others struggle in changing retail world

Aearo aiming for IPO: Giant in safety equipment wants to raise $230 million, plans overseas expansion

Malls fight for tax savings: Owners see appeals pay off; inconsistencies plague process

Women inventors pursue their creative dreams: From doggie car seats to valve-less hydraulic systems, these visionaries keep creating practical products

TOM HARTON Commentary: Key Cinema steps aside for Godzilla

Kite flies third plan for Nora project: Developer scales back condos, dangles Whole Foods Market

Tenacious spirit pays off for top real estate agent: With $45 million in 2005 home sales, Bif Ward just doesn’t give up when it comes to serving clients

Browning launching $10 million equity fund: Firm seeking investors for local industrial properties

City’s mall gamble paid off: After 10 years, Circle Centre at core of rejuvenated downtown