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Articles

Builder targets entire block: Centex in talks to buy land from Shapiro’s Deli, others for downtown development

June 26, 2006

A national home builder is negotiating to purchase an entire downtown block for a retailand-residential development-a project that could temporarily displace the landmark Shapiro’s Deli. Dallas-based Centex Corp. says the block southeast of the planned Lucas Oil Stadium is among several downtown-area locations it is reviewing for its first local foray into urban residential development. Brian Shapiro, owner of Shapiro’s Deli, 808 S. Meridian St., said he has not reached a final agreement to sell his property. But he hinted…

Driving through adversity: First-time team owner uses business fundamentals to help reach the finish line

June 26, 2006

It’s been a bumpy ride for Michael Crawford this year. Scratch that-it’s been like driving into a concrete wall at 190 miles per hour. Repeatedly. The rookie race team owner put his financial livelihood on the line this year to buy two cars and run them in the Indy Pro Series, the open-wheel racing equivalent of AAA baseball, one step below the major leagues. IBJ is following Crawford’s progress in hopes of shedding light on the challenges startups face when…

EYE ON THE PIE: Tale of 2 bridges has deeper meaning

June 26, 2006

Two bridges at opposite ends of the state are of concern to neighboring citizens and all Hoosiers. Both are historic steel-truss bridges. One spans the Wabash River connecting New Harmony (Posey County) with White County, Ill. The second spans the Gibson rail yard in Hammond (Lake County) and carries the traffic of busy Indianapolis Boulevard. Both bridges are in poor condition. The Indiana Department of Transportation has recommendations for both bridges. Local officials are opposed to the INDOT plans. Whose…

SPORTS: High school hoops border war reduced to a scuffle

June 19, 2006

Often, when I’m asked to give talks reflecting on the success of the sports initiative in Indianapolis, I use summertime as an illustration. Back in the old days-and you know you’re getting old when “old days” refer to anything pre-1970-Indy’s June-July-August sports menu could pretty much be written on a single page and in large type. Once the Indianapolis 500 came and went on Memorial Day, about the only thing to do was wait for the start of college and…

Making a splash: Delta Faucet aims for hip and handy with unique rebranding campaigns

June 19, 2006

Delta Faucet Co. has succeeded in luring fashionistas to its high-end line. Now the company wants to coax weekend wrench wielders into buying its most-affordable faucets. The Indianapolis subsidiary of Michigan-based Masco Corp. is launching its second major branding overhaul in two years. And Delta is again taking the account from a big-city ad agency and handing it over to locally based Young & Laramore. Young & Laramore, one of the few local agencies focusing almost exclusively on national brands,…

NOTIONS: A tale of two kings and one fortunate kingdom

June 12, 2006

For the fifth year, some colleagues and I have penned comedy for a cause. The Indiana Repertory Theatre, which usually chooses its playwrights more carefully, erred again by soliciting our scriptwriting “talent” for its faux-radioshow fund-raiser. So on June 3, a cast of Indianapolis celebrities-from the media, not-for-profits, government and business-donned makeshift 17th-century garb, mounted the Indiana Roof Ballroom stage, and hammed up “Shakespeared: A Midsummer Night’s Scheme.” Our tall tale featured two kings-Mitchard and Bartholomie-trying to outdo each other…

Kroger shops for land: Grocer gathering property for full-size downtown store

June 12, 2006

Downtown residents might finally get their second full-service grocery store. Cincinnati-based Kroger Co. has purchased an acre of land immediately west of its store near the intersection of 16th Street and Central Avenue in hopes of razing the existing store and replacing it with a new, and much larger, grocery. “We would like to build a brand new store that incorporates all of the amenities that [we] have at our newer stores,” said Jeff Golc, a Kroger spokesman. Neighbors are…

Regional partnerships called key to making it: Purdue urges state manufacturers to join supply chain

June 12, 2006

Growing global competition is bringing local manufacturers together. And the definition of local is changing from around the corner to within 500 miles. Officials from Purdue University have conducted a series of manufacturing summits encouraging Indiana plants to tear down their separatist walls and become an integrated part of regional supply chains. “Supplier-based manufacturing is based on long-term relationships in a 500-mile radius, so we need to think about Indiana manufacturing regionally,” said John Sullivan, director of Purdue’s Center for…

BEHIND THE NEWS: Blame game rages on: What killed Paul Harris?

June 12, 2006

It’s been five years since the o n c e – m i g h t y women’s apparel chain Paul Harris Stores liquidated in bankruptcy court. To this day, an army of attorneys continues to battle over who’s to blame. On one side are attorneys for the Indianapolis company, which four years ago sued outside auditing firm PricewaterhouseCoopers, charging it with “gross negligence” for failing to detect a $7.5 million inventory overstatement and other accounting breakdowns. As the lawyers…

Firing blamed on bug: Wrongful-termination lawsuit by St. Francis employee says software installed porn links

June 12, 2006

Respiratory therapist David Farr claims he lost his job with St. Francis Hospital and Health Centers last year over an infection that never harmed a patient. Hundreds of pornography links found in a computer Farr shared with six other therapists prompted the hospital to fire him. However, Farr said he never knew the links existed, according to a lawsuit he filed in federal court over his dismissal. The therapist blames poor computer security for allowing malicious porn-promoting software from Russia…

Women MD numbers soar: Title IX passage in 1970 credited with spurring educational opportunities

June 12, 2006

When Colleen Brown graduated from the Indiana University School of Medicine in May, she was part of a class making history. For the first time, the medical school was graduating more women physicians than men-131 and 128, respectively. Since 1970, there has been a 10-fold increase in the number of women physicians, according to a February 2006 study by the American Medical Association. In 1970, only 25,404 women graduated in the United States in all medical specialties. By 2004, the…

Distributor hits 2nd century in growth mode: Indiana Oxygen uses Ohio outlet, Internet to expand

June 12, 2006

The Indiana Oxygen Co. building is highly visible to motorists traveling Interstate 465 on the northwest side, but the company’s forte isn’t as widely known. Founded in 1915, Indiana Oxygen is the oldest gas and welding supplier in the United States. But to the surprise of many, the medical relationship the name implies hardly exists. Despite the confusion, the company’s flame burns bright, as annual revenue this year will top $30 million. Part of Indiana Oxygen’s recent growth stems from…

SPORTS: City’s full-court press pays off with tourney victory

June 12, 2006

Before the press conference announcing the Big Ten’s decision about the future of its men’s and women’s basketball tournaments, I pleaded-to no avail-with Conseco Fieldhouse Executive Director Rick Fuson to post a score on the fieldhouse board. Indy 5, Windy 0. He was right in refusing to play along. It’s always good to take the high road. No sense rubbing Chicago’s nose in the news that the Big Ten had awarded the tournaments to our burg for five successive years…

Firm finds direct approach pays off: Marketing Informatics, part of hot industry, sees revenue rise by $28 million in 3 years

June 5, 2006

Bob Massie came to Indianapolis in 1985 to preach the Word of God. Twenty-one years later, he’s spreading the messages of Indiana businesses, not from a pulpit, but through direct-mail advertising. Massie is shepherding a fastgrowing flock of clients. His company’s revenue has grown from $1.86 million in 2003 to a projected $30 million this year. The growth of Massie’s firm, Marketing Informatics, reflects the growth of the industry. Directmail advertising is growing more than 15 percent annually, according to…

Mass Ave condos in the works: High-end, 10-story project in trendy cultural district has 46 units, retail space

June 5, 2006

Log one more entry into the crowded field of downtown condo projects. But developers of a 10-story development at Massachusetts Avenue and New York Street think its location and amenities will reel in high-end buyers. The condos, dubbed Three Mass Ave, will be developed by a three-way partnership of Halakar Properties Inc., Pillar Investments LLC and architect Wayne Schmidt. “We want to make sure that this is a classy building that fits in with the historic nature of Mass Ave…

“No habla ingles”: Immigrants who want to advance find many programs to help them learn English

June 5, 2006

No habla inglesImmigrants who want to advance find many programs to help them learn English Osvaldo Escobedo was hungry to learn English. It was bad enough when he couldn’t advance at the Nissan Motor Co. plant in Aguascalientes, in central Mexico, because he couldn’t converse in the business language of English. Later, when he came to the United States, he couldn’t eat much more than what he could pronounce. “When I go to restaurant, I ask [for] ‘coffee and doughnuts….

School founder traveled challenging road: Before starting Montessori Academy, Cain overcame loss of parents, dyslexia to earn engineering degree, MBA

June 5, 2006

Vivian Cain founded the Montessori Academy of Indianapolis five years ago, but for most of her life, she’s been a walking billboard for people striving to overcome obstacles. Cain, 36, operates the private school on the northwest side of Indianapolis. The academy, which Cain started with $40,000 of her personal savings, has grown to 100 students and could expand to include a second location. “When we first started, I opened and closed, and cleaned and cooked,” said Cain, who serves…

NOTIONS: Fighting mountains, oceans with human connections

June 5, 2006

During the 1992 presidential campaign, H. Ross Perot used the phrase “that giant sucking sound” to describe what he feared would be a rush of American jobs into Mexico should the U.S. approve the North American Free Trade Agreement. In Indiana’s 2006 economy, “that giant sucking sound” describes the rush of Indiana talent across the state line to anywhere but here. In a phenomenon known as the “brain drain,” Indiana exports more young talent than it imports. But suppose we…

Enron might be resolved, but don’t forget its lessons BULLS & BEARS:

June 5, 2006

Last week brought news of both triumph and despair from the field of corporate governance. In the win column: Justice was served in the Enron trial, with convictions of two leaders who presided over one of the largest corporate frauds in history. The trial exposed a company where arrogance guided a series of reckless business judgments. Enron marked an era when the focus was on marketing a company’s image and turning executives into stars who were rewarded with lavish pay…

SPORTS: Two Sams make most of their day at the Brickyard

June 5, 2006

We often hear the sad refrain that the Indianapolis 500 “isn’t what it used to be.” I would concede the point, although, after last week’s scintillating victory by Sam Hornish Jr., the pendulum unquestionably is swinging back in a positive direction. And while there may be fewer people in the seats and, certainly, fewer drunks in the infield, it remains the largest single-day sporting event in the world, which is a fact and not a marketing slogan. Sometimes you have…

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