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    Kyle Abram

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Articles

VIEWPOINT: Going ‘green’ construction one better

June 23, 2008

In the zeal to “go green,” new construction that uses sexy, high-tech ways to reduce energy consumption gets the most attention, but historic preservation has been green all along. The most e nv i r o n m e n t a l l y responsible approach is to conserve, not to waste what’s already built. I applaud the U.S. Green Building Council’s Leadership in Energy and Environmental Design process, and I hope to see preservation receive more favorable treatment…

ECONOMIC ANALYSIS: Why economists focus on increasing the size of the pie

June 23, 2008

I recently was invited to attend a t ow n – h a l l – s t y l e debate between members of a local fire department and an a n t i – p r o p e r t y – t a x group. For those of you who are sporadic readers of this column, it is important for me to clarify that I have recently angered both groups. It seems my research on government…

Butler’s pharmacy addition just what the doctor ordered: New $14M building will help college meet increasing demand for graduates

June 23, 2008

Mary Andritz, dean of Butler University’s College of Pharmacy and Health Sciences, bursts into laughter when asked how long her department’s been short on space. “I’ve only been here for two years, but I think it’s been for some considerable amount of time,” she guessed. “Probably for 10 years.” Lilly Endowment Inc., however, is filling the prescription in the form of a grant to fund a 40,000-square-foot addition under construction and scheduled to open by the fall 2009 semester. The…

Hiring ground to halt in May

June 20, 2008

Indiana companies cut back hiring in May, but government added to its rosters – resulting in virtually no net gain in employment, according to new figures from the Indiana Department of Workforce Development. The 2.98 million jobs was a decline of 1,300 from April, and 1 percent below levels of a year earlier. The figures […]

VOICES FROM THE INDUSTRY: Logistics still driving central Indiana industrial market

June 16, 2008

For the past 10-plus years, central Indiana has benefitted from growth in the distribution/logistics industry with hundreds of new jobs and millions of square feet of new facilities. We’ve seen massive facilities go up one right after another, often topping the square footage of our tallest downtown skyscrapers. In the past eight years alone, the square footage of central Indiana distribution centers has more than doubled from 20 million square feet to 51 million square feet. And we’re not just…

BEHIND THE NEWS: $18M nightmare continues for law firm on east side

June 16, 2008

When a Marion County jury two years ago issued an $18 million malpractice judgment against an east-side Indianapolis law firm, the figure was almost too large to believe. Surely this was the kind of zany jury verdict that an appeals court would swiftly overturn. No such luck. The Indiana Court of Appeals last month upheld the verdict against Fillenwarth Dennerline Groth & Towe. And now attorneys for the plaintiff, the Indiana Department of Insurance, are tightening the screws. They’re asking…

Reducing carbon emissions could send state power prices soaring

June 16, 2008

A report from Purdue University suggests industrial customers in
Indiana could see disproportional rate increases in the years ahead as the state’s coal-intensive electric utilities are forced
to reduce carbon dioxide emissions.

Tipton County transmission plant begins hiring

June 9, 2008

Hiring has begun at the Getrag Corp. transmission plant north of Indianapolis, nearly a year after the German manufacturer announced plans to build the $530 million plant in Tipton County, reports the Kokomo Tribune. So far, 19 salaried workers have been hired; two more are slated to come aboard by July 1. The plant is […]

Commentary: Smart policies can lengthen lives

June 9, 2008

Over the last 20 years, life expectancy for residents of the United States as a whole has increased steadily. However, recent studies by the U.S. Department of Health and Human Services have shown that not all Americans are enjoying longer, healthier lives. The implications of these studies are particularly ominous for Hoosiers. The disparities in life expectancy are most pronounced between richer and poorer Americans, reflecting the pronounced growth of income inequality the last two decades. In 1980, the most…

IMA Art & Nature Park outdoor exhibits will change regularly

June 9, 2008

Already draped in an ever-changing natural backdrop, the site for the Indianapolis Museum of Art’s Art & Nature Park will
come to life in 2009 through eight pieces of art commissioned for the setting. But unlike traditional sculpture parks that
feature permanent artwork, the IMA’s $25 million outdoor gallery will change regularly.

Developers vie for property by Central Library

June 9, 2008

Two high-profile property developers are squaring off for the rights to transform a six-story apartment complex adjacent to
the Central Library downtown. Van Rooy Properties and Buckingham Cos. both submitted proposals to redevelop the Ambassador
apartments at 39 E. Ninth St., just north of the library.

IPIC’s BioWorksU virtual effort wins acclaim:

June 9, 2008

A new Web site developed locally and designed to attract youngsters to careers in the life sciences sector now shares something in common with the wildly popular Club Penguin site. The Indianapolis Private Industry Council, with assistance from locally based Creative Street Media Group, created BioWorksU.com. And while more educational and likely more appealing to a larger age group than Club Penguin, the two were among recent Webby Awards finalists. Called the “Oscars of the Internet” by The New York…

Rising fuel costs may mean comeback for freight trains

June 9, 2008

Spiking diesel fuel prices have deflated trucking stocks and made road kill out of many a small motor carrier. It’s sweet
irony for anyone who’s worn a pinstriped cotton cap to work. The rising price of diesel is poised to invigorate a mode of
transportation that trucks nearly annihilated–the 40 freight railroads crisscrossing the state.

Experts predict slow Indiana economy

June 6, 2008

Expect the state economy in coming months to feel like a head cold that won’t go away. And the Indianapolis area won’t escape the doldrums. That’s the take from the latest quarterly forecast issued by a group of Indiana University economists. The Center for Econometric Model Research says the state will suffer declining employment and […]

Board eyes building near Lucas Oil

June 6, 2008

The Capital Improvement Board likely will buy one-story building across the street from the new Lucas Oil Stadium. The board has an option to purchase the Easterday property, which it has been…

Strike halts Clarian project in Lafayette

June 5, 2008

A Laborers International Union strike in Lafayette has brought construction on a $200 million hospital Clarian Arnett Health is building there to a grinding halt. Clarian Arnett is a partnership between Clarian Health in Indianapolis and Arnett Health System, a multi-specialty medical practice in Lafayette. Laborers Local 274 escalated its protest from informational picketing on […]

IU, Bloomington disagree over best sites for biz development

June 2, 2008

Indiana University and the city of Bloomington are at odds over how best to commercialize the university’s discoveries–or,
more specifically, where to commercialize them.

Zender trying to sell 18 apartment complexes for about $40 million

June 2, 2008

A locally based property management firm is struggling to find a buyer for its downtown apartment complexes, even as the city’s
rental market continues to thrive. The privately owned Zender Family Limited Partnership, which was founded 38 years ago,
placed its 18-property apartment portfolio up for sale in November.

Two central Indiana racinos debut amid tough economy

June 2, 2008

The next few weeks will be critical for the state’s two new racinos, which need to open with a splash to meet their ambitious
projections of drawing more than 3 million visitors apiece annually. Hoosier Park in Anderson will open June 2, and Indiana
Downs in Shelbyville will follow a week later.

Read and discuss latest headlines

May 27, 2008

This week’s print IBJ is heavy on real estate news, just the way I like it. Check out some highlights:

Big plans for Lafayette Square
Lafayette Square Mall could look a lot like the…

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