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Articles

Transit center proposal hits a bump in the road: Tenant claims to be happy at proposed location, landowner not yet part of talks

July 17, 2006

In late June, IndyGo announced plans to build a massive transit center on a 14-acre parcel in downtown Indianapolis where bus and future rapid transit lines would cross and people could park their cars and wait in comfort for transfers. But the U.S. Postal Service, which leases facilities there, might not be interested in moving. And the landlord the main post office rents from said he hasn’t been contacted and is irked the city is eyeing his property. “Frankly, I…

Airport Authority sells 103 homes after sound modifications

July 17, 2006

The Indianapolis Airport Authority has begun listing at www.indianapolisairport.com homes it acquired under its nearly decade-old “purchase assurance/sound insulation program.”

St. Elmo top-selling restaurant; others sizzle, too

July 17, 2006

St. Elmo Steak House was the top-selling restaurant in 2005, ringing up $11.3 million in sales, but the Cheesecake Factory, Oceanaire, Maggiano's Little Italy, Sullivan's Steakhouse and P.F. Chang's, among others, all topped $5 million.

New business incubator is made for minorities

July 17, 2006

Black business owner Bob Logan is one of four entrepreneurs chosen by the Indiana Business Diversity Council as inaugural tenants of its unusual new incubator, which caters solely to minority-owned businesses.

Players’ desire to shorten season could doom RCA Championships

July 17, 2006

Officials for the WTA, which represents women professional players, and the ATP, which represents men, are considering shortening the lengthy tennis calendar by imposing a short offseason-possibly a three-week, midyear respite that would collide with the RCA Championships.

Firm may hold key to earlier detection: Startup lands grants for breast cancer biomarker

July 17, 2006

Linda Malkas’ arrival at the Indiana University School of Medicine four years ago is beginning to look like a coup for the city’s life sciences initiative. Armed with promising cancer research, Malkas helped found CS-Keys Inc., which last month received a $285,000 infusion from BioCrossroads’ Indiana Seed Fund and is poised to net a similar investment July 17 from Triathlon Medical Ventures in Cincinnati. The additional capital is critical to the startup’s continuing development of a biomarker that detects breast…

Alley’s new aim: Consolidate electronics industry: Ex-banker shooting for $170M in revenue by 2012

July 10, 2006

Since purchasing Escient Solutions in early 2003 and changing its name to Electronic Evolutions Inc., Mike Alley has increased revenue 35 percent, to $6.5 million. That’ll be small potatoes if Alley’s dreams for the company pan out. Alley, former Fifth Third Bank of Central Indiana president and CEO, wants to be a consolidator in the fragmented electronics and automation design and installation industry. Toward that end, he partnered in late June with electronics industry veteran Daniel Knotts and formed E2…

Rapid-transit plans gain speed, but drivers might not give up keys

July 10, 2006

Just 5,900 Marion and Hamilton County commuters would park their cars in favor of rapid transit if that were an option, according to data from a late-2001 report for Indianapolis’ Metropolitan Planning Organization by New York firm Parsons Brinckerhoff.

Animated startup foresees big growth in life sciences: Company produces 3-D graphics with young talent

July 10, 2006

Harlon Wilson and Kurtis Rush originally intended their Indianapolis-based upstart business to provide 3-D animation for use in court cases. But if they had stuck to that business plan, Medical Animatics Inc. could not have produced the video to the hilarious “Urine Stream,” a song parody of Abba’s “Dancing Queen.” Here’s a sample of the chorus: So when you get the chance, undo your pants … And make a urine stream, gold and clean, oh it’s such a dream. Urine…

Concierge helps famous, fashionable: Conrad job gets exciting during big events

July 10, 2006

It looked like a photo shoot for GQ or Elle. Guests wore denim that probably won’t show up in American stores until next year, if even then. Other guests checking into the Conrad Indianapolis for the July 2 U.S. Grand Prix wore sparkling diamonds and designer apparel. They carried Coach handbags of all shapes and sizes, setting them on the concierge desk as they awaited delivery of their luggage. Without fail, Lynna Mills would peek around the bags and cordially…

Westview soldiers on amid health care explosion: Hospital fares well against larger, newer competition

July 10, 2006

A touch-screen directory, a grove of potted trees and a muffin-bearing kiosk greet visitors entering the six-story atrium at the new Clarian North Medical Center in Carmel. A much milder scene awaits people walking into Westview Hospital a few miles away, on the west side of Indianapolis. There, a lonely player piano spills soft tunes into a one-story lobby filled with clusters of chairs and pamphlets on volunteering. “Quiet! Healing in Progress” reads a nearby sign. Indiana’s lone osteopathic hospital…

New owner turns failed-firm’s assets into racing-parts business

July 10, 2006

Eagle Creek Golf Course owner Jerry Hayslett has acquired assets of Kenny Brown Performance and teamed with Brown’s former sales manager to launch a racing-parts business.

Work still elusive for people with disabilities: Employment rates remain stagnant even though a wealth of programs are finding success placing workers

July 3, 2006

The lesson Amy Kurzekwa taught the folks at the downtown Gregory & Appel Insurance agency reaches far beyond what they learned about premiums and deductibles. Since 1992, she has taken the bus to her job there as a clerical assistant, performing such tasks as sorting and delivering the office mail and filling the copy machines. While most anyone can do that, Kurzekwa, 37, is irreplaceable to her co-workers. Her role in opening their eyes to the fact that people with…

IPS swap a flop?: Browning tells district to drop land-trade plan; site drew just 3 bids despite prime location

July 3, 2006

Indianapolis Public Schools is sitting on a 12-acre parcel of prime downtown land it probably could sell for big bucks. But its pursuit of a land swap instead has tempered interest in the site and raised questions about whether such a complicated deal is the way to go. Just three developers responded to IPS’ request for bids on its land east of Massachusetts and College avenues, despite the unsolicited inquiries that drove the school district to explore its options in…

Market Square project in doubt: Two months before deadline, condo developer won’t talk, scales back its sales effort

June 26, 2006

The city of Indianapolis already has twice pushed back the deadline for closing a deal with the developer of a high-rise condo project slated for the former Market Square Arena site. Now, with the latest deadline of Aug. 31 looming, officials with developer Market Square Partners LP are incommunicado amid signs they’re struggling to find enough buyers to get the project off the ground. The sales office, once staffed daily, now apparently operates on an appointment-only basis. The developer hasn’t…

New law puts brakes on nursing home construction: State pushing other forms of long-term health care

June 26, 2006

Families want more long-term-care options for their elderly loved ones these days, and Indiana officials are trying to lend a hand. The state will begin a year-long moratorium on nursing home construction July 1, shortly after the Indiana Family and Social Services Administration starts a marketing campaign called Options to let Hoosiers know they have choices outside of stashing Grandma at Shady Acres for a couple of years. Indiana also will boost Medicaid reimbursement for these options, which include assisted…

SPORTS: From ticket manager to ‘Mr. Baseball’ in 50 years

June 26, 2006

Not surprisingly, Indianapolis Indians President Max Schumacher and Victory Field, his own field of dreams, have something in common. Neither Max nor the ballpark looks anywhere close to their age. And by the happy coincidence of timing, there will be a double celebration at that downtown beauty of a ballpark July 16. Recognition will be made of Victory Field’s 10th anniversary. Hard to believe, but it’s been a decade since that pristine night, July 11, 1996, when the gates flew…

Pact with automakers puts firm in fast lane: Battery pioneer signs deal with big three alliance, hopes to push technology for hybrid cars to market

June 26, 2006

A deal with the big-three U.S. automakers has positioned an Indianapolis manufacturer to be one of the leading battery providers for domestically made hybrid vehicles. EnerDel Inc., which employs 35 at its 8740 Hague Road headquarters, recently signed a deal to provide technology for hybrid-vehicle batteries to a consortium formed by DaimlerChrysler Corp., Ford Motor Corp. and General Motors Corp. EnerDel is a joint venture between two publicly traded firms, F l o r i d a – b a…

Employee privacy a sensitive legal issue:

June 26, 2006

For all businesses, especially small companies, the best way to approach potential legal issues is proactively: spending time crafting policies and procedures today can save significant headaches-and attorney fees-down the road. This is especially true for the thorny issue of privacy in the workplace. While the right to privacy isn’t enumerated specifically in the Constitution, it remains a closely guarded prerogative for most Americans. Harris polls consistently show that more than 85 percent of respondents are concerned about the erosion…

Whole Foods shopping for alternative store site: Will grocery go to Nora instead of Keystone Crossing?

June 26, 2006

Whole Foods might not be coming to Keystone at the Crossing after all. Residents of the Driftwood Hills neighborhood sued the city in February after it approved a zoning change allowing developer Paul Kite to build a Whole Foods grocery, plus as many as 30 condominiums, on the northwest corner of 86th Street and Keystone Avenue. As residents push on with their effort to block that zoning decision, Whole Foods is exploring other sites, including one in nearby Nora, for…

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