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Hospitals still find room to grow in Hamilton County: More competition doesn’t crowd the market, experts say

February 13, 2006

Clarian Health Partners made a big splash last December in Hamilton County when it opened a 154-bed medical center, but competitors in that market are showing they know how to flex development muscles, too. The county’s three other hospitals all have planned, started or completed expansion projects in the last few years, and those who know the market see plenty of room for more health care. “If you’re in the hospital business, it’s hard to fail in a market like…

SPORTS: Here’s to the last champion of single-class sports

February 13, 2006

Somewhat overlooked at the time because it was (A) girls softball and (B) took place in June, Turkey Run’s 11-7 victory over Center Grove nonetheless remains a lasting testimonial to those who believe the size of the dream should not be diminished by the size of the school. A year later, the dream died for all time when the Indiana High School Athletic Association’s board voted to divide team sports championships into classes according to enrollment. That decision-later affirmed by…

Byrider banging out dents from franchisees: Repairs precede used-car chain’s planned expansion

February 13, 2006

Its image dinged by regulatory actions against J.D. Byrider used-car franchisees in Ohio and Kentucky, Byrider Franchising Inc. is busy culling problem operators ahead of a planned 2006-2007 expansion. The Carmel-based “buy here, pay here” chain with 123 stores in 28 states also said it has spent millions of dollars on vehicle repairs, customer service improvements and more sophisticated underwriting software to reduce loan delinquencies. There were 127 franchised stores operating in 2004, plus another 13 companyowned stores, according to…

Marsh shares swoon as sale talks drag on: Value of CEO’s stake has been cut almost in half

February 20, 2006

The value of Don Marsh’s stake in the Indianapolis company that bears his family’s name has diminished more than $1 million a month since the company declared Nov. 29 that it was seeking a buyer. Don Marsh, the CEO, owns almost 750,000 shares of Marsh Supermarkets Inc.’s Class A and Class B stock, making him the company’s largest individual shareholder. The price of both stocks has plummeted since the announcement, making his stake worth less than $5 million. It was…

Emerging India: Passage to Bangalore: Hoosiers seek outsourcing and investment opportunities

February 20, 2006

Passage to Bangalore Hoosiers seek outsourcing and investment opportunities BANGALORE, India-The deal was falling apart. Despite a week of flirtation and friendly negotiations, the two young Indian entrepreneurs rejected the offer from the group of Hoosier investors. Frustrated, the investors walked out of the hotel conference room. The chance to speculate on an Indian software startup called Picsquare.comhad fizzled. But none of the six Indiana business leaders was demoralized. After all, they’d crossed the globe to pursue business opportunities in…

Standard stock sinks close to crucial mark: As shares hover around $1, company launches effort to raise $25 million

February 20, 2006

Standard Management Corp. shares are sliding into a dangerous price range as the Indianapolis-based company tries to raise $25 million to continue growing its health-services business. The stock price dipped briefly below $1 earlier this month in NASDAQ trading. It rebounded to close at $1.17 Feb. 10 before slipping back to $1 Feb. 15. NASDAQ imposes a $1 minimum bid price for shares to continue trading on its exchange. Market watchers say Standard is in no danger of suddenly being…

Buckingham makes big plans for Carmel: Developer awaits OK on 116-acre urbanist development

February 20, 2006

The makeover of midtown Carmel, driven by the ambitious City Center master plan, could get a boost from a nearby development that could rival the project in scope. Local real-estate developer Buckingham Properties will present its proposal to the Carmel Plan Commission Feb. 21 to transform the 1960s-era Mohawk Hills apartment complex and its golf course into a modern urbanist neighborhood. The development, called Gramercy, could take a decade and hundreds of millions of dollars to complete. The 116-acre tract…

Development plans percolating in five urban corridors: East 10th Street, Fountain Square lead FOCUS pack

February 20, 2006

DataSmith Technologies owner James Smith started looking almost two years ago for a building to house his business, his home and possibly a revenue-generating tenant. What he ended up with was a dilapidated former bar on a struggling section of East 10th Street that had become a haven for vagrants. Smith took a chance on the building at 2032 E. 10th St., most recently home to Mustang Sally’s tavern, largely because of the involvement of the East 10th Street Civic…

BEHIND THE NEWS Safety firm’s sale a bonanza-and that’s no accident:

February 20, 2006

Aearo Technologies Inc., the maker of earplugs and other protective gear, has long been a quiet company. But given its recent performance and the announcement this month that a private equity firm is buying it for an eye-popping $765 million, no one would call it a sleepy one. Indeed, interviews and a review of regulatory filings show the northwest-side company has been on a tear, boosting sales from $284 million in fiscal 2001 to $423 million in fiscal 2005. In…

Open source gaining traction: Government departments, more businesses seek alternatives to Microsoft, others

February 27, 2006

The Indiana Department of Education’s effort to outfit high schools with computers is a costly endeavor for a state strapped for cash. But installing what is known as open-source software is softening the blow. As the name implies, open-source programming is available for users to study, modify and share freely-a sharp contrast to the proprietary software sold by behemoths such as Microsoft Corp. and Oracle. Expensive licensing fees associated with the proprietary software sent the Education Department looking for alternatives….

Clarian sizing up south side: Agreement with Morgan Hospital could lead to development projects in St. Francis’ back yard

February 27, 2006

The largest hospital network in Indianapolis will start stretching its reach once again next month, this time south of town, where it could challenge the dominance of St. Francis Hospital & Health Centers. Clarian Health Partners is embarking on a five-year development agreement with Martinsville’s Morgan Hospital & Medical Center that could place more building projects on Clarian’s already crowded construction agenda. The two systems plan to focus their relationship on improving patient care and research, but representatives of both…

Livable cities? Carmel ‘gets it’: Gramercy, other projects will keep city on a roll

February 27, 2006

Carmel housewife jokes went out of style years ago, but Indy’s wealthy neighbor to the north still takes plenty of heat for being uptight and plain vanilla. Too bad, because Carmel’s recent past demonstrates it’s no soulless suburb. Buckingham Properties’ proposed Gramercy development is the latest sign that Carmel’s leadership knows a thing or two about creating a livable city-even if some of its residents don’t. The Gramercy project, profiled in last week’s IBJ, drew more opposition than support at…

Emerging India: Opportunity or threat?: Indiana businesses brace for growing global competition

February 27, 2006

Opportunity or threat? Indiana businesses brace for growing global competition Next month, President Bush will make his first official visit to India. To most of the American media, it’ll be just one more round of global terrorism discussions with a distant foreign nation, perhaps worthy of a brief. The Indian press knows better. Six weeks ahead of Bush’s trip, banner headlines about it ran in every newspaper. Al Hubbard knows better, too. Friends with Bush since their days at Harvard…

Bulls of the Fairways:

March 6, 2006

David Simon and Alan Cohen are outstanding golfers, among the best of all Indianapolis businessmen. The CEOs of Simon Property Group Inc. and Finish Line Inc. share something else in common: Their companies are top performers, with their stock prices more than dou-Professor sees link between golf scores, biz success bling in a little more than three years. Coincidence? Not according to Dan Dalton, golf aficionado and former dean of Indiana University’s Kelley School of Business. “Business is like match…

NOTIONS: As fumes meet fare, my restaurant boycott begins

March 6, 2006

Recently, I testified before the Greenwood Common Council. I spoke in favor of that community’s proposed ban on workplace smoking. The stuff killed my wife, Pam, a 49-year-old nonsmoker, so I encourage practitioners of good government to spare others the same fate. When all the witnesses had filled the allotted 30 minutes, Greenwood’s council members spoke up-most in favor. But an opponent, Councilman Ron Deer, said smokers ought to have choices. No, he said, people should not be able to…

Ayres stores may be razed: Smaller shops likely replacements at Castleton, Greenwood

March 6, 2006

Simon Property Group Inc. wants to take the wrecking ball to the soon-to-be-vacant L.S. Ayres stores at Castleton Square and Greenwood Park malls, clearing the way for development of a collection of smaller stores and restaurants, sources familiar with the plans say. “There have been numerous site plans circulated showing redevelopment with the existing structures removed,” said Bill French, a local retail broker with St. Louis-based Colliers Turley Martin Tucker. Mark Perlstein, a partner with The Linder Co., an Indianapolis-based…

IT firm bought again: New York company acquires Core Business Technology but will move HQ to Indy

March 6, 2006

Now, Core Business Technology Solutions has gone down the aisle again, tying the knot last month with White Plains, N.Y.-based Convergence Technologies Inc.-a deal that makes Indianapolis headquarters for a company with 270 employees and $105 million in revenue. But, with apologies to Wynette, nobody at this wedding sang, “Stand by your LAN.” The good ol’ local area network is now just a slice of the increasingly diverse information-technology products and services Core offers small and midsize companies these days….

Walker, Aprimo kick-start 2006 office leasing: Meridian corridor in Carmel remains hot spot

March 6, 2006

A little more than two months into the new year, deals destined to be among the largest office leases of 2006 are coming together on the far-north side. Two big tenants are headed for speculative office buildings under construction by Duke Realty Corp. and Lauth Property Group Inc. Software maker Aprimo Inc. will nearly triple its office space at Duke’s Parkwood Crossing when it moves into 42,400 square feet at Nine Parkwood at 96th Street and College Avenue. Aprimo, housed…

Irwin to idle failed foray into venture capital: $20 million fund formed during dot-com boom, focused on financial software

March 13, 2006

Indiana’s sixth-largest venture capital fund is winding down. Founded in 1999, Irwin Ventures LLC is a subsidiary of Columbus-based Irwin Financial Corp. The fund, which in recent years reported assets of $20 million, focused on seed and early-stage investments in startup firms that create financial services software and technology. But Irwin Ventures’ speculative investments didn’t pan out as expected. “Based on the results since inception, this line of business was a financial disaster,” said Ross Demmerle, an analyst with Louisville-based…

Bill boosts hope for bariatric patients: Measure would make it easier for morbidly obese to receive surgery

March 13, 2006

Bariatric surgeons hope a bill being considered in the legislature eliminates lifethreatening waits like Shaul’s and improves access to a surgical specialty that has seen expansive growth in central Indiana over the past few years. The measure, now in conference committee, is expected to win final approval in the waning days of this year’s session. Senate Bill 266 would trim the minimum wait insurers can impose before they cover the surgery from 18 consecutive months to six. It also adds…

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8,697 results for 'Carmel'

People

Kurt Beier

Articles

Hospitals still find room to grow in Hamilton County: More competition doesn’t crowd the market, experts say

SPORTS: Here’s to the last champion of single-class sports

Byrider banging out dents from franchisees: Repairs precede used-car chain’s planned expansion

Marsh shares swoon as sale talks drag on: Value of CEO’s stake has been cut almost in half

Emerging India: Passage to Bangalore: Hoosiers seek outsourcing and investment opportunities

Standard stock sinks close to crucial mark: As shares hover around $1, company launches effort to raise $25 million

Buckingham makes big plans for Carmel: Developer awaits OK on 116-acre urbanist development

Development plans percolating in five urban corridors: East 10th Street, Fountain Square lead FOCUS pack

BEHIND THE NEWS Safety firm’s sale a bonanza-and that’s no accident:

Open source gaining traction: Government departments, more businesses seek alternatives to Microsoft, others

Clarian sizing up south side: Agreement with Morgan Hospital could lead to development projects in St. Francis’ back yard

Livable cities? Carmel ‘gets it’: Gramercy, other projects will keep city on a roll

Emerging India: Opportunity or threat?: Indiana businesses brace for growing global competition

Bulls of the Fairways:

NOTIONS: As fumes meet fare, my restaurant boycott begins

Ayres stores may be razed: Smaller shops likely replacements at Castleton, Greenwood

IT firm bought again: New York company acquires Core Business Technology but will move HQ to Indy

Walker, Aprimo kick-start 2006 office leasing: Meridian corridor in Carmel remains hot spot

Irwin to idle failed foray into venture capital: $20 million fund formed during dot-com boom, focused on financial software

Bill boosts hope for bariatric patients: Measure would make it easier for morbidly obese to receive surgery