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    Kyle Abram

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Articles

Director leaves small-biz agency: Disagreement over host sponsor helped sway decision

June 27, 2005

The head of the Central Indiana Small Business Development Center resigned this month following a rift over who might host the agency. Mary Jane Gonzalez, who came on board as executive director of the Central Indiana SBDC in July 2003, left to become director of business development at Mezzetta Construction Inc. Gonzalez’s departure leaves the Central Indiana SBDC, where budding entrepreneurs can seek advice without paying high consulting fees, without a leader for the third time in roughly three years….

RETURN ON TECHNOLOGY: Wireless: What exactly is it and why is it unreliable?

June 27, 2005

I’ve been getting a lot of questions about wireless lately. You know, WiFi, the magical connection between laptop and Internet, the key to actually working at Starbucks? The questions vary from, “Why does my laptop just disconnect sometimes?” to, “How can I get wireless out by the pool?” I tried to scrunch the answers down into a single column, but they kept bulging out of the seams. So I decided to split them into three consecutive columns. I wouldn’t ordinarily…

Cancer society scouts Clarian property for development: Former retirement home may serve as a Hope Lodge

June 27, 2005

An empty retirement home near Methodist Hospital may turn into a lodge that gives cancer patients a place to rest while they receive treatment in Indianapolis. The American Cancer Society is talking with Clarian Health Partners about planting a Hope Lodge on the site of the former Indianapolis Retirement Home, which sits across from Methodist on busy North Capitol Avenue. The cancer society operates 23 of these lodges in several states, but this would be the first Indiana location, according…

Taking the pulse of life sciences: Experts weigh in on whether Indiana is keeping up in the economic development race

June 27, 2005

IBJ: Is Indiana gaining ground against other states in the race to grow as a life sciences hub? What are some specific benchmarks that underscore your opinion? JOHNSON: Indiana is gaining ground, but Indiana already starts on really very substantial ground. There are a lot of outside validations of that and I think it’s important for this audience to hear a couple of them because there is nothing like having people on the outside pay attention to what we’re doing…

Light dims for U.S. Grand Prix:

June 27, 2005

What started out as a technical problem for one tire company here at the Formula One U.S. Grand Prix blew up into a catastrophic F1 public relations pandemic that could very well kill the U.S. event. Fans immediately wanted to know if they were going to get their money back, not whether F1 was coming back. It is every businessman’s nightmare to have so many things go wrong in public all at once, and it will be interesting-maybe even instructive-to…

Airport seeking more air cargo operations: Carriers that fly to Asia among hot prospects beyond FedEx at nation’s 7th-largest cargo airport

June 20, 2005

When all exports are considered, by air and sea, China is Indiana’s eighthlargest destination, growing 25 percent last year to $294.4 million, according to the Center for International Business Education and Research at Indiana University. Air cargo to China is 10 times greater than a decade ago, Michael Ducker, an executive vice president of FedEx, said in a presentation about China. Airport officials won’t say whom they’ve courted in the cargo realm. “We’re casting a pretty broad net,” said BAA…

BEHIND THE NEWS: Frick, master of megadeals, ready to dial back intensity

June 20, 2005

Attorney David Frick says Anthem Inc.’s $20.8 billion purchase of Well-Point Health Networks was the toughest deal he ever negotiated-and that’s saying something. This is the same guy who helped broker the 1983 deal selling the Indiana Pacers to Mel and Herb Simon, eliminating the risk the franchise would go elsewhere. The same guy who served as the city’s chief negotiator in the deal that brought the Baltimore Colts to Indianapolis in 1984. Anthem-WellPoint was even tougher, Frick says, in…

Med school takes hit: IU trims $5.2 million from budget, cuts 36 positions

June 20, 2005

The school tabled some construction plans and may have to curtail recruiting of “star” faculty in areas such as diabetes research, said Dr. Craig Brater, the school’s dean. On top of that, the school cut 36 positions and halted spending for several programs after it was hit by decreases in state funding and grants, and a rise in expenses. Brater said the medical school has been lucky “in large part” to receive the funding it needed over the years. He…

Precedent plans spec office: Building signals improvement in north-suburban market

June 20, 2005

The Precedent Cos. is preparing to build a 100,000-square-foot office building in its namesake office park near 96th Street and Keystone Avenue, several local real estate experts said, further evidence of the north-suburban market’s recovery. The building would mark the first new speculative office construction in the park since the mid-1990s, just before Indianapolis-based Precedent sold the park’s 19 buildings with 1.1 million square feet of office space to Philadelphia-based Berwind Property Group Inc. in 1998. That sale didn’t include…

Debate over health care development takes legal twist: Three county-imposed construction moratoriums face federal lawsuits

June 20, 2005

Hospitals and developers recently filed lawsuits in U.S. District Court against three counties that enacted moratoriums to slow health care construction in their territory. The Sisters of St. Francis Health Services Inc. sued Morgan County in April, and some Kentucky-based companies filed complaints against Clark and Floyd counties June 13. County officials say they need to make sure their county-owned hospitals remain viable in the face of more development. They also argue that providers want to enter their turf and…

City to land more aircraft mechanics: Lease calls for Republic to add 186 jobs

June 13, 2005

Republic Airways Holdings plans to add nearly 200 aircraft maintenance jobs at Indianapolis International Airport, based on employment projections in a lease the carrier recently signed for a new hangar. The Indianapolis-based regional carrier that employs 114 mechanics here “agrees to use commercially reasonable efforts to achieve average employment of 300 full-time Indiana resident employees at the facility … at an average salary of $18 per hour during the first year,” states a lease signed April 15 with the Indianapolis…

Trouble brewing at Market Square: Confidence wanes as partners bail

June 13, 2005

Deciding who will build and pay for a new sports stadium and expanded convention center has drawn plenty of scrutiny in recent months, diverting attention from the redevelopment struggle in our midst: the so-far illfated attempt to erect housing and retail space at the former Market Square Arena site. Though the stadium drama is yet to play out on the west side of downtown, it’s time for some answers regarding this high-stakes east-side project. The project team picked by the…

VOICES FROM THE INDUSTRY: Indiana must not let TDL opportunities elude its grasp

June 13, 2005

Unlike some other Hoosier economic initiatives, much of the required infrastructure to rapidly advance TDL into significant growth is already in place. More Interstate highways cross the state An economic development analyst determining the physical advantages of Indiana might initially be challenged. Indiana has no oceans. No mountains. No temperate climate. But the Hoosier state does possess one singular unmatched physical plus: It is the state geographically closest to the bulk of most U.S. major markets. For more than a…

State eyes inland ports to bolster TDL: ‘Dry’ hubs under consideration in 3 parts of the state could be boon to transportation, distribution, logistics

June 13, 2005

The construction of intermodal hubs in Indiana could add thousands of jobs to the state’s transportation/distribution/logistics industry, an area targeted by officials as an economic pillar to pursue. The General Assembly gave the Indiana Ports Commission the authority two years ago to build the hubs-“dry ports” where cargo is transferred between train and truck. While the projects remain in the planning stages, supporters cite Indiana’s central location as a primary factor to build the facilities. At least three locations are…

Not-for-profits affect state’s bottom line: Health organizations account for more than half of state’s not-for-profit workers

June 6, 2005

From 2000 to 2003, a period during which the state experienced an overall decline in jobs, employment in the notfor-profit sector grew. That finding, among others, is part of a study of not-for-profit employment in the state, and an update of a report issued two years ago, by Indiana University’s Center on Philanthropy, IU’s School of Public and Environmental Affairs, and Johns Hopkins University. The 5-percent increase in not-for-profit employment, compared with a 6-percent decline in the for-profit sector, suggests…

MSA condos co-developer calls it quits: CTE 2nd partner to abandon $140M project; remaining firms expect new designs in June

May 30, 2005

With a deadline looming for a redesign of Market Square Towers, another of the project’s developers has pulled out and has filed a claim on the property for $3.2 million it says it’s owed by Market Square Partners. Chicago-based Consoer Townsend Envirodyne Engineering Inc. filed the lien April 8 to secure its claim on money the company said it spent on design and engineering services and other preliminary project work. CTE, whose representatives once served as the public face of…

Up to the challenge: Stadium project leader has been here before

May 30, 2005

John Klipsch didn’t necessarily set out to take control of one of the largest public-works projects in Indianapolis history, but he prepared for it nonetheless. “My degree is in counseling,” he said with a wry smile. “This is how my career has evolved over the years.” So here he is, two months before work is scheduled to begin on a $900 million stadium construction and convention center expansion project, relying on his professional experience and personal dedication to get the…

Anderson incubator represents ‘beginning’: Officials hope new center will help revive economy

May 30, 2005

Xtreme Alternative Defense Systems LTD is the type of high-tech company Anderson officials are coveting for their new small-business incubator, the Flagship Enterprise Center. Founded in 2002 by Pete Bitar, XADS has a contract with the U.S. Marine Corps to develop a long-range, wireless stun gun, known as the StunStrike system. The patent-pending technology delivers a non-lethal electrical current to disable a human target. The prototypes include a rifle that can fire up to 15 feet and a vehiclemounted unit…

Wishard owner fishes growing revenue stream: Health and Hospital Corp. buys 19th nursing home

May 30, 2005

The owner of Wishard Memorial Hospital added a 19th nursing home to its investment portfolio earlier this year, as it continues to pull revenue from a market filled with struggling competitors. Health and Hospital Corporation of Marion County purchased American Village Retirement Community, a complex of garden homes, apartments and a nursing home near the intersection of East 54th Street and Keystone Avenue, for $2.6 million, said Matt Gutwein, Health and Hospital president and CEO. Gutwein said the deal, like…

SPORTS: ‘Slow’ ride ’round oval makes your heart race

May 30, 2005

One of my favorite jokes goes like this: In the forest one day, two turtles were involved in a head-on collision. The only witness was a snail. When the forest police arrived to investigate the accident, they asked the snail to describe what he had seen. “I can’t,” said the snail. “It all happened too fast.” Speed is a relative thing. And, like the snail, that’s my challenge in recounting my recent experience at the Indianapolis Motor Speedway, which involved…

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