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Company makes payment related to price-fixing case:

December 12, 2005

Irving Materials Inc. in November deposited $2 million into an escrow account to provide funding toward any eventual settlement it may make with the state of Indiana over price-fixing of ready-mixed concrete on state, local government and school projects. In June, Greenfield-based IMI pleaded guilty in U.S. District Court to fixing prices on ready-mixed concrete in central Indiana between July 2000 and May 2004. IMI also has agreed that the four principals who pleaded guilty, Fred R. “Pete” Irving, Price…

States consider ‘vanity’ taxation: N. Jersey first to pass law; Indiana unlikely to follow

December 12, 2005

Tummy tucks are costing a few more bucks in New Jersey, but don’t look for a tax on cosmetic surgery procedures in Indiana anytime soon. The Garden State passed the first cosmetic surgery tax law in 2004. Since then, legislators in Arkansas, Illinois, New York, Tennessee, Texas and Washington have introduced similar proposals, although none of the states has passed the taxes into law. Cosmetic surgery is perceived by some lawmakers to be an easy target for additional tax revenue…

MSA condo interest builds: With sales up, developer hopes to begin site work in January

December 12, 2005

Two months after unveiling a new name, new floor plans and a new sales center for their development, the team in charge of building condominiums on the former Market Square Arena site is reporting more success than the first time around. Reservations have been taken for two-thirds of the units that need to be sold before the developer can fund One Market Square, real estate agent Kurt Flock told the Metropolitan Development Commission Dec. 7. Market Square Partners is considering…

ECONOMIC ANALYSIS: Economy is doing great, but what about next year?

December 12, 2005

Here’s a question the visually oriented news media face all the time-what does a strong economy look like? Belching smokestacks and humming assembly lines are the clichÃ©s of yesteryear, now that we’ve entered an era when knowledge and services account for more output than do physical goods. But somehow the picture of an office worker tapping on a keyboard or a group of executives huddled around a conference table doesn’t quite convey the vitality and power of the world’s largest…

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…

Clarian nabs UAC building: Hospital network wins bid for former corporate headquarters

December 5, 2005

Clarian Health Partners is polishing a deal to buy the former Union Acceptance Corp. headquarters on North Shadeland Avenue, a move that plants a large footprint for the burgeoning hospital network squarely in a competitor’s east-side back yard. Clarian made the winning bid for the 126,000-square-foot building at a Nov. 15 auction, but the sale had not closed as of Nov. 30, said Bob Getts of Colliers Turley Martin Tucker, which ran the auction. He referred all questions to Clarian….

Pass the sushi, boss; it’s time to celebrate: Corporate holiday events are less common, more fun

December 5, 2005

Surveys may point to a decrease in corporate parties this holiday season, but party planners say those who attend them are likely to have more fun. The trend is shifting away from stuffy, business-focused affairs. More parties are including live music and other entertainment, said Joe Husar, co-owner of Kahn’s Katering and meeting venue Montage at Allison Pointe. Still, this year could mark the first decrease in corporate holiday events since 2001, according to a national survey. Eighty-seven percent of…

Race against crime: As public safety becomes a business issue, much is riding on battle for prosecutor

November 28, 2005

The dust has settled on Mayor Bart Peterson’s failed police merger. Meanwhile, local crime is surging, up 11 percent from 2002 to 2004. The next bellwether on how to turn the tide will be the 2006 Marion County prosecutor’s race. The contest, pitting Melina Maniatis Kennedy against incumbent Carl Brizzi, already is drawing the attention of community and business leaders, who say the stakes are huge: Rampant crime can cripple a local economy. “Where there’s crime-scene tape, there are not…

WestClay moves retail to the fringe: Brenwick modifies commercial part of plan

November 28, 2005

As land is cleared for the final major sections of Carmel’s Village of WestClay, the developer of the Indianapolis area’s most-heralded example of new urbanism is discovering an age-old truth: Plans change. WestClay Uptown and the West Village, as they will be called, represent major changes to Brenwick Development’s plan and reflect changing demand from inside and outside the borders of the 686-acre development. Staying are WestClay’s guiding concepts-a mammoth subdivision designed in the style of a 19th century village…

Plan to let affiliate use gas field sparks opposition: Citizens Gas industrial customers say recent hurricanes show potential for supply disruption, price spikes

November 28, 2005

Big manufacturers have asked regulators to reconsider allowing an unregulated affiliate of Citizens Gas & Coke Utility to use the Indianapolis utility’s Greene County gas storage facility. General Motors Corp., Reilly Industries and Rolls-Royce Corp. warn that Citizens Gas & Coke Utility’s supply of gas it buys during warm-weather months could be at risk if gas marketing firm Pro-Liance Energy LLC is allowed to control the underground gas storage field. ProLiance sells natural gas to utilities and large-volume gas customers…

Cumberland hoping to close its gap: Town seeks to unify its sides with new zoning guidelines for historic U.S. 40 corridor

November 21, 2005

Marion County’s sea of urban sprawl laps up to the town’s western border; subdivisions and cornfields snooze peacefully to the east, in Hancock County. “It’s basically like a tale of two towns in one town,” said Cumberland’s planning and development administrator, Cory Wilson. But Wilson and other community leaders are on the cusp of launching a plan to unify the town of 6,000 under a common, historic development theme for U.S. 40. The new guidelines will apply to a corridor…

Indy’s Wright of passage?: Conrad’s renowned chef could beef up city’s culinary reputation

November 21, 2005

“It gives [Indianapolis] a big-league chef,” said John Mariani, food and travel correspondent for Esquire magazine, when asked about Wright’s arrival. “It’s about time a city like Indianapolis has a restaurant of this caliber.” Wright left the kitchen at the Windsor Court Hotel in New Orleans after Hurricane Katrina. He and his wife, Delia, an executive with a restaurantproducts distributor, chose Indianapolis partly because she has business contacts here. Jonathan is accustomed to pleasing an eclectic range of diners. He…

Mixed bag for tech parks: Facing heavy competition for tenants, some developments thrive while others struggle

November 21, 2005

The stretch of land along Interstate 74 near Shelbyville lies mostly vacant, save for a couple of buildings and a network of roads and other infrastructure snaking through the property. This barren look is not what Intelliplex Park organizers had in mind more than two years ago, when their project became one of the first to receive the state’s certified technology park designation. “This is a lot harder than I thought it was going to be,” said Tony Lennen, CEO…

Higher stadium price looms: Hurricanes likely to blow up costs for construction projects

November 21, 2005

The Gulf Coast hurricanes may push construction costs sharply higher for several years, experts say, potentially adding millions of dollars in costs to the $625 million football stadium as well as other public projects in their early stages. “Even a 1-percent cost increase on a project like [the stadium] is significant, and the effects from these hurricanes is likely to be higher than that,” said Patrick Barkey, an economist and director of economic and policy studies at the Miller College…

Incentive search shot down: University Loft eyes Tennessee after Hancock County spurns request to create a TIF district

November 14, 2005

Hancock County Commissioners’ unwillingness to consider creating a Tax Increment Financing district has sent a growing Indianapolis-based manufacturer looking for a new expansion site, possibly out of state. University Loft Co. CEO James N. Jannetides said he was continually rebuffed over a months-long process to get the tax incentives his company needed to bring 200-plus jobs to the county directly east of Marion County. Now Jannetides said he might look to consolidate manufacturing in Tennessee where he opened a plant…

Another chapter added to Central Library debacle: Firm accused of flawed garage design sues library

November 14, 2005

The New York City firm that performed structural engineering for the world’s tallest building has filed suit against the Indianapolis-Marion County Public Library, which last year accused it of inept engineering on the parking garage beneath the six-story Central Library addition. Thornton Tomasetti Engineers, the structural mastermind behind the 1,483-foot Petronas Towers in Malaysia, said it is still owed more than $750,000 for services it performed for the library project. The suit was filed Oct. 17 in Shelby Circuit Court,…

Movements in midtown may mean more housing, retail: Handful of developers take on North Meridian projects

November 14, 2005

“It’s just a matter of time.” At this point, the statement may reflect more hope than reality. The city’s main corridor is a concrete jungle through much of midtown, filled with parking lots, for-sale signs and buildings exhibiting nearly nonexistent design standards. However, a small-butgrowing number of developers is showing interest in revitalizing the main corridor through midtown. One of the newest plans would create a mixed-use development at 21st and Meridian streets called Meridian at 21. Local businessman Jeffrey…

Less empty office space downtown? Don’t count on it: Local market experts cast doubt on national report

November 7, 2005

A recent report lauding the health of Indianapolis’ downtown office market over the next two years may have caused a few bursts of excitement, but they were likely short-lived. New York-based Cushman & Wakefield cited Indianapolis’ downtown as a leading office market nationwide in a recent report, citing the possibility of vacancy around 7 percent in 2007, down from 13.5 percent now. If that happened, it would signal the healthiest downtown office market since the late 1990s. Few local observers…

EYE ON THE PIE: Don’t let a little suffering wreck holidays

November 7, 2005

I drove past the shrine at Clark and Addison in Chicago the day after the White Sox won the World Series. All was normal outside Wrigley Field. There was no evidence of the momentous event in Houston the night before. The White Sox and their fans do not exist for Cubs fans. There is an order to the world. For Hoosiers, people from Kentucky generally rank lower than folks from Pennsylvania. Yet we know Hoosiers don’t rank highly in the…

Butler construction project targeted for fall ’06 finish: Student housing, rec center to join historic campus

November 7, 2005

The landscape around Butler University’s historic Hinkle Fieldhouse is undergoing dramatic changes not seen on the private campus since the early 1960s. Construction began in May on a $50 million project to build a student recreation center west of the 77-year-old arena and student housing to the east. Both should be finished by the start of the fall semester in August. The construction projects are the largest since Irwin Library, Clowes Memorial Hall and Lilly Hall were built in 1961,…

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People

Kyle Abram

Articles

Company makes payment related to price-fixing case:

States consider ‘vanity’ taxation: N. Jersey first to pass law; Indiana unlikely to follow

MSA condo interest builds: With sales up, developer hopes to begin site work in January

ECONOMIC ANALYSIS: Economy is doing great, but what about next year?

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

Clarian nabs UAC building: Hospital network wins bid for former corporate headquarters

Pass the sushi, boss; it’s time to celebrate: Corporate holiday events are less common, more fun

Race against crime: As public safety becomes a business issue, much is riding on battle for prosecutor

WestClay moves retail to the fringe: Brenwick modifies commercial part of plan

Plan to let affiliate use gas field sparks opposition: Citizens Gas industrial customers say recent hurricanes show potential for supply disruption, price spikes

Cumberland hoping to close its gap: Town seeks to unify its sides with new zoning guidelines for historic U.S. 40 corridor

Indy’s Wright of passage?: Conrad’s renowned chef could beef up city’s culinary reputation

Mixed bag for tech parks: Facing heavy competition for tenants, some developments thrive while others struggle

Higher stadium price looms: Hurricanes likely to blow up costs for construction projects

Incentive search shot down: University Loft eyes Tennessee after Hancock County spurns request to create a TIF district

Another chapter added to Central Library debacle: Firm accused of flawed garage design sues library

Movements in midtown may mean more housing, retail: Handful of developers take on North Meridian projects

Less empty office space downtown? Don’t count on it: Local market experts cast doubt on national report

EYE ON THE PIE: Don’t let a little suffering wreck holidays

Butler construction project targeted for fall ’06 finish: Student housing, rec center to join historic campus