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Articles

June conference to highlight historic local landscapes: Oldfields, Garfield Park, Riverdale among sites on tour

May 23, 2005

Marian College will act as host for Hidden Treasures of Indianapolis, a conference scheduled for June 9-11 at the northside college and sites around the city. The first-ever conference of its kind locally will offer lectures and tours of some of the city’s historic landscapes, which were designed by some of the pre eminent landscape architects of the early 20th century. Tours available to attendees include a driving tour of George Kessler’s Parks and Boulevard System, which is at 3,474…

NOTIONS: An idyllic day dressed in ‘Blue Velvet’

May 23, 2005

Years ago, my wife and I registered our sons, Austin and Zach, for the Bank One 500 Festival Rookie Run. In what became an annual tradition, we’d drive the boys downtown early on the appointed Saturday in May, pick up their T-shirts and racing numbers, and wait for their age group to be called. At the appointed hour, Austin and Zach would line up with scores of other kids, run a few blocks up and back Meridian Street, and receive…

HIGHER (cost of) EDUCATION: Students’ college burden continues to rise in Indiana

May 23, 2005

With state funding flat and operating expenses rising, Indiana’s public universities are turning to a familiar source to make up the difference-students. Tuition and mandatory fees at state institutions are set to climb an average of 5 percent next school year and higher in 2006-2007, if proposed rates stand. That’s a far cry from the double-digit increases most universities imposed just a few years ago, but observers say it’s worrisome nonetheless. “Tuition has been rising at twice the rate of…

Firm eyes national growth following design merger: CSO SchenkelShultz could bring more offices into fold

May 23, 2005

The two design firms joined forces to become CSO SchenkelShultz and consolidated more than 100 employees at the north-side office CSO previously occupied by itself at Parkwood Crossing. The combined firm might become much larger, however, if a long-term plan unfolds to bring more locations under the umbrella. Based in Fort Wayne, SchenkelShultz has nine remaining locations in Indiana, Florida and North Carolina separate from the merged office in Indianapolis. The merger could be a first step to a deeper…

No slots, no hope for tracks: State horse racing industry predicts continuing losses without gambling expansion

May 23, 2005

After taking what they said was another damaging blow in this year’s General Assembly, the state’s two parimutuel horse racing tracks said they’ll survive 2005, but they guarantee little else. Gov. Mitch Daniels and other key lawmakers killed a bill that would have allowed landbased slot machines in Indiana and generated new revenue for Hoosier Park, Indiana Downs and horse breeders. With those hopes sunk, the track owners are pessimistic and breeders are moving out of state, taking with them…

Heartland Golf Cars and Equipment Co.: Golf cars have become hot commodity Local firm has ridden the trend to profitability ram said. He credits solid financing at startup as key to the success of Heartland. To anyone interested in starting a business, he

May 23, 2005

ram said. He credits solid financing at startup as key to the success of Heartland. To anyone interested in starting a business, he advises, “Don’t go into it on a shoestring. You have to have a business plan and be committed to working long hours. It’s not only working harder, it’s the workmanship, too. It may sound like an old cliché, but it’s very true.” * Golf cars are no longer just for sport. These electric- or gasoline-powered cars may…

VOICES FROM THE INDUSTRY: Vibrant city can be built without oceans, mountains

May 23, 2005

In late April and early May, two things happened. The Legislature adjourned on time and Forbes magazine released its seventh annual list of the best (and worst) metro areas to develop businesses and careers. Forbes based its ranking on business costs, living costs, education levels of the work force, qualityof-life issues as well as job and income growth and migration patterns. Indianapolis ranked 33rd out of 150 of the country’s largest metro areas, and there’s some good news in that…

Elite execs raking it in: As pay swells, critics urge restraint

May 9, 2005

Special Report: Elite execs raking it in As pay swells, critics urge restraint Highest-paid Indiana public company executives in fiscal ’04. Includes salary, bonus and other annual compensation, as well as long-term pay and stock option grants. 1) includes $1.7 million signing bonus received upon becoming CEO and president in August 2004 Turns out life’s certainties stretch way beyond the cliché about death and taxes, especially in corporate Indiana. If you’re a top executive at one of Indiana’s biggest public…

Stutz’s future includes condos: Developer envisions high-rise, nightclub as part of biz center

May 9, 2005

Stutz Business Center owner and visionary Turner Woodard last month rolled out a 10-year master plan for the Stutz that could bring condominiums, retail and a high-rise tower to the former auto-manufacturing plant at 10th Street and Capitol Avenue. Right now, Woodard concedes many of his plans are dreams. But with a blossoming life sciences corridor just to the west along the Central Canal, Woodard said he wants the 80-year-old Stutz to continue to be a hub of activity as…

Demand stokes Coke: After slump, Citizens Gas unit adds workers, expects profit

May 9, 2005

The bituminous-belching behemoth is as close as this city gets to 19th century industry. It is an anathema to economic strategists who would leave smokestacks behind and recast Indianapolis as a haven for the clean rooms of high- and biotechnology. And neighbors fear it’s the source of elevated levels of benzene and other chemicals blamed for cancer. Yet the politically and environmentally incorrect Indianapolis Coke appears to be on a comeback-at least financially. The subsidiary of Citizens Gas & Coke…

Cleanliness is being undervalued EYE ON THE PIE Morton Marcus:

May 9, 2005

This column has been too glum recently. That is the result of observing what happens in the General Assembly where the many good things done (for example: a stiffer open alcohol container bill) are outweighed by the silliness (daylight-saving time). Let’s take a rest and praise some people who are doing something noble and important. A coalition of clergy, civic groups and labor unions are trying to get higher wages and benefits for janitors in the Indianapolis area. Currently, most…

Applied Engineering Services Inc.: Engineering firm builds clientele slowly

May 9, 2005

Starting a new company is a tricky business, even if you’ve done everything right. Applied Engineering Services had the funding, the contacts and the skills it needed when it started in 1998. Still, the first year or so was hardly easy. “We didn’t hit the ground running,” recalled Terry DeBoo, one of the principals in the company. “The first year was pretty tough.” Applied Engineering is a consulting engineering firm that focuses much of its business on the central utility…

Convention payoffs won’t be instant: New deals, development unlikely until construction begins

May 9, 2005

The much-ballyhooed battle about funding for a new stadium and expanded convention center downtown appears to be over, but it will be some time before the victors get the spoils. Although state lawmakers authorized a series of tax increases to pay for the $900 million project, plenty of work remains to realize the promised payoffs-increased convention business, additional development and a shot at hosting the Super Bowl. “I don’t expect to see any of that until construction starts,” said Indianapolis…

STATEHOUSE DISPATCH: With session behind him, Daniels readying for next one

May 9, 2005

At the beginning of the session, Gov. Mitch Daniels told Hoosiers to fasten their seat belts. We told you to expect the session to follow Mario Andretti’s philosophy: “If everything seems under control, you’re just not going fast enough.” The session began like a heat at the U.S. Nationals drag races in Clermont-quickly out of the blocks. Things seemed to bog down midway, reminding us of the Brickyard 400. The finish held form, however, with the governor downing the legislative…

SPORTS Bill Benner: Stadium proves dreams sometimes come true

May 9, 2005

In subsequent columns, I also stated that we needed a regional solution to the funding problem, and proposed a regional tax for the counties contiguous to Marion in which they could keep a share of the proceeds for their own capital projects. Finally, within days of last November’s election, I observed that it would require a bipartisan effort led by both Republican Governor Mitch Daniels and Democratic Mayor Bart Peterson to work this thing through the Legislature. I’m glad-overjoyed-everyone took…

Organizers have turned pro: It’s a hot field where most practitioners are women

May 9, 2005

You know who they are-the “neatniks” who always have everything so well organized. You can practically see a thought bubble hovering over them that says: “A place for everything and everything in its place.” Now they’ve discovered they can capitalize on their natural tendencies by becoming professional organizers. It’s a hot field that’s growing as fast as the paper piles in you-know-who’s office. Membership in the National Association of Professional Organizers has soared from 2,100 in February 2004 to 3,300…

STATEHOUSE DISPATCH: Budget process smoother, but effect uncertain

May 2, 2005

As legislative veterans well know, there is nothing like a deadline to force action. The April 29 date for final adjournment of the Indiana General Assembly’s 2005 session did just that-helped along by new House rules requiring a proposed budget to be available to lawmakers at least 24 hours before a final vote. After some four months of sorting through philosophical issues, fiscal issues, political issues and sometimes even personal issues, lawmakers finally reached agreement on a biennial budget. At…

Hilbert defeated on life policies: Conseco had purchased $87.5M in coverage in ’98

May 2, 2005

Seven years ago, Conseco Inc. purchased $87.5 million in life insurance coverage for company founder Stephen Hilbert and his wife, a move that seemed to assure vast wealth would pass on to the Hilbert family after their deaths. But in a new ruling, Chicago bankruptcy Judge Carol Doyle said Conseco’s obligation to provide coverage terminated when the company filed for Chapter 11 protection in December 2002. As a result, she ruled, Hilbert family trusts, which had filed millions of dollars…

The old college try: Struggling IndyGo courting campuses to boost ridership

May 2, 2005

One solution for a city bus system struggling to lure riders might be academic-get college students on board. The Indianapolis Public Transportation Corp. is in talks with colleges and vocational schools about the potential of discounted fares for students who opt to take the bus to and from campus. The push also has a longer-term goal of conditioning students to use public transportation after they graduate to the work world. Financially sputtering IndyGo, which finished 2004 in the black only…

State should target schools, not tourism EYE ON THE PIE Morton Marcus ______:

May 2, 2005

Our dear friends in the Indiana General Assembly continue to support the idea that tourism should be a state-subsidized industry. It is bad enough that we subsidize biotechnology and the Indianapolis Colts, even though we would object if any of the Colts used some of that good biotech to enhance performance. The first problem with tourism is that it creates very few well-paid jobs. Most jobs in tourism make our workers servants to other people who leave their towels on…

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