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More business owners embracing economy: High fuel costs, personal debt dampen some optimism

August 22, 2005

Business owners are beginning to show signs of completely emerging from a recessional slumber, although some holdouts remain unconvinced an economic recovery is in full swing. The confidence exuded by the state’s massive manufacturing sector could be sending the most optimistic signal. From 2000 to 2003, manufacturers in Indiana were stung especially hard by the soft economy, shedding 75,000 jobs. While many of those positions may never return, employment levels have at least stabilized. That seems to have provided enough…

Stoeppelwerth & Associates: ‘Staking’ their claim on growth Local engineering firm finds abundant opportunities

August 22, 2005

While most 8-year-old boys were playing with toy trucks, Dave Stoeppelwerth was riding in big ones helping land surveyors at his father’s civil engineering firm. Stoeppelwerth, now 51 and CEO of Stoeppelwerth & Associates, grew up learning the business. In fact, Stoeppelwerth had done enough surveying during grade school and high school that at age 16 he became a crew chief working under his father, Dick, who started the north-side company in 1962. He joined the company full time after…

Centre Properties, state nearing agreement: Retail center at 96th and Allisonville closer to reality after years of legal wrangling

August 15, 2005

Indianapolis-based Centre Properties LLC is beginning to move dirt on 96th Street just west of Allisonville Road, a sign that a battle over developing part of a 220-acre site may be nearing an end. In late March, Centre dropped a lawsuit it had filed in mid-2004 against the Indiana Department of Natural Resources over the agency’s reversal of a permit granted to Centre. That permit would have allowed Centre to fill in 15 acres of White River floodway to build…

Event targets greener vehicles: Fleet operators to discuss emission-reduction methods at downtown conference

August 1, 2005

More sparks have been flying from city garbage trucks lately than a City-County Council meeting over police and sheriff’s department consolidation. Mechanics have been cutting out sections of garbage truck exhaust pipes and splicing in tubes filled with precious metals. When the “diesel oxidation catalyst” heats up, combustion gases blowing through it are cleansed before coming out the tailpipe. So simple and quick is this approach to curbing air pollution that John Chavez hopes the humble trash truck project will…

Office sales shatter records: National investors spend big in string of real estate deals

July 25, 2005

National buyers hungry for commercial properties have started focusing on second-tier markets like Indianapolis, a trend that’s resulting in quick sales at prices previously unheard of here. One and Two River Crossing sold as a package in early July for $41.6 million, or $203 per square foot, setting a new high-water mark for Class A multitenant office space in the Indianapolis market. Before the River Crossing sale, the sales record for suburban office space was $145 per square foot-a mark…

Researchers seek fuel-cell answers: Universities, companies see long-term potential in alternative power device

July 18, 2005

The figure-eight slot-car track in the basement laboratory at IUPUI looks out of place amid the expensive computer equipment surrounding it. But when research assistant Alan Benedict fumbles with a few wires and the cars come to life, it becomes clear the racetrack is more than just a toy. The miniature cars operate on fuel cells and are part of Purdue University’s exploration into the alternative power source. Scientists across the country are studying the clean power alternative, stoked by…

Historic battle settled: Prairie pact lays out plans without judging past practices

July 11, 2005

But whatever Earlham College puts in the 41-year history of credits and debits, it will have no bearing on the resolution of a decades-long dispute over control of the Hamilton County attraction. That deal is largely done. Carter and Earlham board Chairman Mark B. Myers ended nearly two years of negotiation July 5, putting quill-topped ballpoint to paper in front of a cheering crowd in the museum’s Welcome Center. The agreement-which frees Conner Prairie from Earlham’s control and calls for…

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…

Helping pets pop pills: Butler MBA student invents easy way to medicate animals

April 11, 2005

Rob Puma’s idea of a romantic date is not making dog treats in his kitchen. Yet that’s exactly what he found himself doing with his girlfriend over Valentine’s Day weekend in 2004. The unusual celebration of a lover’s holiday was part of what began as a semesterlong MBA project at Butler University four years ago and became, as trite as it sounds, a labor of love for Puma, the inventor of Medi-Crunch, a snack designed to help people medicate their…

Bankrupt franchise group sells stores to Burger King: 34 local sites now under Miami company’s control; Omni partners still operating other restaurants

April 11, 2005

A Chapter 11 bankruptcy case involving more than three dozen Burger King restaurants has resulted in one of the area’s largest Burger King franchisees’ selling 34 of its units to Miami-based Burger King Corp. Locally based Omni Restaurants Inc. and sister companies KD Development Inc. and Michael P. Frank Co. Inc. filed for Chapter 11 bankruptcy protection from creditors in September 2004. Omni shuttered 12 of the 46 restaurants involved in the petition in an effort to regain solid financial…

D.C. key to meeting biz: Indianapolis lands conventions with Washington contingent

March 21, 2005

WASHINGTON, D.C.-Kim Allison wants people to think of one thing when they see her: Indianapolis. So she makes the rounds, on and off the clock, creating that connection. Whether she’s bowling or shopping, eating or reading, Allison has her hometown in mind-even though she’s living and working nearly 600 miles away. “We go to everything,” said Allison, who leads the Indianapolis Convention & Visitors Association’s two-person office in suburban Washington, D.C. “It helps keep our name out there.” Thousands of…

Ashley makes home in former Galyan’s stores: Furniture stores to open in Greenwood, Carmel

February 21, 2005

Two former Galyan’s Trading Co. Inc. stores are set to find a new life in furniture. Ashley Furniture HomeStores will enter the market by occupying former Galyan’s stores in Greenwood and in Village Park Plaza in Carmel. The Greenwood store will have about 80,000 square feet and the Carmel store will be slightly smaller at 66,000 square feet, according to plans filed with the state. The HomeStores sell furnishings made by Arcadia, Wis.-based Ashley Furniture Industries Inc., but are independently…

Basketball-filled month awaits downtown planners: Indianapolis set to host 35 big games in 36 days

February 14, 2005

Next month will bring new meaning to “March Madness” in Indianapolis. In a 36-day span starting March 1 and culminating April 5 with the crowning of the women’s NCAA basketball champion, the city will play host to 35 high-profile games in 36 days. The Hoosier state’s love affair with the sport has endured for decades. But next month will truly be “Hoops Hysteria” here. While the city has welcomed basketball tournaments before, it never has offered so many games at…

Keystone Towers in financial bind: Owner with grand plans faces foreclosure

February 14, 2005

The latest attempt to revive the 15-story Keystone Towers apartment complex appears to be in danger of derailing amid a threatened foreclosure and unpaid bills from contractors. The landmark complex at Allisonville Road and Fall Creek Parkway on the northeast side has been largely vacant since 2001, when previous owners defaulted on the mortgage and the property was sold at a sheriff’s sale. The apartment complex, built by local developer George Ginger in 1974 as the VIP Center, originally included…

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People

Allison Allen

Articles

More business owners embracing economy: High fuel costs, personal debt dampen some optimism

Stoeppelwerth & Associates: ‘Staking’ their claim on growth Local engineering firm finds abundant opportunities

Centre Properties, state nearing agreement: Retail center at 96th and Allisonville closer to reality after years of legal wrangling

Event targets greener vehicles: Fleet operators to discuss emission-reduction methods at downtown conference

Office sales shatter records: National investors spend big in string of real estate deals

Researchers seek fuel-cell answers: Universities, companies see long-term potential in alternative power device

Historic battle settled: Prairie pact lays out plans without judging past practices

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

Helping pets pop pills: Butler MBA student invents easy way to medicate animals

Bankrupt franchise group sells stores to Burger King: 34 local sites now under Miami company’s control; Omni partners still operating other restaurants

D.C. key to meeting biz: Indianapolis lands conventions with Washington contingent

Ashley makes home in former Galyan’s stores: Furniture stores to open in Greenwood, Carmel

Basketball-filled month awaits downtown planners: Indianapolis set to host 35 big games in 36 days

Keystone Towers in financial bind: Owner with grand plans faces foreclosure