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Part-time manager experiment working: Pilot program could be expanded beyond Indianapolis

May 29, 2006

The bell outside Michael Goldberg’s office rang, and the OmniSource Marketing executive exchanged a knowing glance with part-timer Rob MacDonald. One of the company’s 17 sales representatives had just closed a deal. And MacDonald deserved some of the credit, since he has managed OmniSource’s sales force for about a year-working four hours a day twice a week. It’s a concept MacDonald developed as part of his full-time job at Sales Team, an Indianapolis-based consulting firm. The aptly named Part-Time Sales…

Stadium architect beats ‘dark horse’ status: Experience with other sports arenas wins HKS first pro football project

May 22, 2006

The imprint HKS Inc. will leave on the city with its design of the new Indianapolis Colts stadium will reshape downtown for years to come. But the high-profile project is also significant for the Dallas-based architectural firm because it represents the first time HKS has designed a professional football arena. Any questions the selection team might have had about the firm’s credentials were quickly put to rest, however. “[They] came and visited and said, ‘When you guys start looking for…

Biz incubator out of room: IU Emerging Tech Center needs $20M or more for expansion

May 8, 2006

In its quest to develop high-tech startups, Indianapolis has established a healthy pipeline. But there’s a bottleneck that’s poised to become even more congested. Located at the head of the Central Canal, Indiana University’s Emerging Technologies Center is the city’s primary business incubator, chock-full of labs and equipment. Established in 2003, the 62,500-square-foot building is now crowded with 26 promising young firms. A handful have outgrown their space, and are on the cusp of “graduation.” IUETC CEO Mark Long reports…

Stadium off diversity mark: Some minority, female contractors say they’re being left out

May 1, 2006

Black businessman Lorenzo Gibson is optimistic that AFI Manufacturing Group will still get a chance to participate in the construction of the $950 million Lucas Oil Stadium and Indiana Convention Center expansion. But like Indianapolis Colts reserve quarterback Jim Sorgi, the owner of the Kokomobased metal fabricator has spent most of his time observing from the sidelines. “To watch a project of this magnitude go right by us is very disappointing,” Gibson said. “It’s very disheartening because you have companies…

Real estate experts examine the market: Indianapolis in good shape overall, panelists say, but job growth, incentive issues, among concerns

April 24, 2006

On April 14, as part of its Power Breakfast Series, the Indianapolis Business Journal gathered a panel of commercial real estate and construction experts to discuss industry conditions in the local market. In a discussion moderated by IBJ Editor Tom Harton, panelists took on a wide range of issues, including tax incentives and the status of downtown’s residential and retail markets. Power Breakfast guests were Mike Curless, executive vice president and principal with Lauth Property Group; Mike Wells, president of…

State will grant parking perks for Prius, other hybrid vehicles:

April 17, 2006

The right car-not an early arrival or high rank-will soon get state workers the best parking spaces at the Indiana Government Center. As an incentive for its workers to drive less-polluting cars, the state plans to give drivers of hybrid cars the coveted spaces in the basement of the parking garage at West and Washington streets. Those would be the spaces right outside the tunnel entrance to the government center. The hybrid parking signs should go up within a month,…

Stadium project missing diversity goals: Building authority might look beyond city to meet mandates for contracting with minority-, women-owned firms

March 27, 2006

The director of the entity in charge of the Colts stadium project conceded it will need to reach beyond central Indiana to fulfill aggressive minority-contracting goals attached to the structure’s construction. The General Assembly passed legislation last year directing the Indiana Stadium and Convention Building Authority to grant 15 percent of contracts to minoritybusiness enterprises and 5 percent to women-business enterprises. With one-quarter of the contracts awarded, the ISCBA is close to achieving its minority goals, but is only about…

Hotel firm investing $30 million by stadium: Dora Brothers specializes in properties on the fringes

March 6, 2006

The downtown hotel operated by Dora Brothers Hospitality Corp. is unlikely to be confused with the towering convention hotels that sit, literally, on the other side of the tracks. While behemoths like the Westin, Marriott and Hyatt boast bustling restaurants, gleaming lobbies, meeting facilities and an attached walkway to the Indiana Convention Center, Dora’s modest Best Western Hotel offers little beyond clean, comfortable rooms, continental breakfast and a short walk to the heart of Indianapolis. Fishers-based Dora Brothers, however, is…

SPORTS: IU doesn’t have to hire from the ‘family,’ but it will

February 27, 2006

There will be no shortage of worthy successors to Mike Davis as the head basketball coach at I.U. Rick Majerus? I love Rick Majerus. He’s the absolute basketballjunkie with nothing like a wife, family or even a home to distract him from the job. He’s a tremendous motivator and strategist. But he’s also a guy who’s had heart problems and I worry if he could survive the stress-not from coaching, but from being within an hour’s drive of Iaria’s. Thad…

Labor tiff puts loan for stadium in limbo: NFL Players Association refusing to back $34 million as fight with owners drags on

February 27, 2006

A $34 million loan from the NFL that the Indianapolis Colts are counting on to fund part of their share of stadium construction could get sacked, at least temporarily, in an NFL labor dispute. Teams with pending stadium loans-including the Colts, Dallas Cowboys and New York Giants and Jets-hoped to get final approval of their loans at the March owners’ meeting. That is now in serious doubt, league sources said. NFL owners last June approved a $34 million loan for…

Startup fills growing drug-trial niche: Indianapolis-based Anaclim focuses on recruiting minority patients

January 2, 2006

A new Indianapolis company plans to attack the chronic shortage of minority patients in drug trials armed only with 11 employees and the wisdom of a couple Eli Lilly and Co. executives. However, the founders of Anaclim believe they’ll find ample success by focusing exclusively on the growing push for diversity in the $10 billion contractresearch industry. Anaclim, which occupies a mostly empty office at Intech Park, could double its staff quickly and start raking in eight-figure revenue within three…

AGENDA INDIANAPOLIS 2006: City made progress in some areas, but top priorities require more work

January 2, 2006

The wheels are beginning to turn on a multi-county transit plan, now that the Central Indiana Regional Transportation Authority is mostly in place. The authority, charged with coordinating and, ultimately, administering a regional transit system, was formed at the end of 2004, about the time IBJ asked readers to rank the most pressing issues facing the city. The results of the survey, published last January, revealed public transportation and congestion issues as the largest concern, followed by the need for…

Diversity is theme at IU med school:

January 2, 2006

Health care disparities and access issues are among the topics to be discussed this month when the Indiana University School of Medicine hosts its fourth annual Diversity Week. The week, which runs from Jan. 15 to Jan. 20, will include daily presentations at noon in the Emerson Hall auditorium on the IUPUI campus, according to school officials. Events begin Jan. 15 when IUPUI hosts its 36 th annual Martin Luther King Jr. Dinner at the Indianapolis Marriott downtown. The keynote…

Finally, a new stadium, and not just for football:

December 26, 2005

After years of angling and months of negotiating, city and state officials finally came to an agreement with the Indianapolis Colts to build a $625 million retractableroof stadium south of the RCA Dome. With a drum roll and a crowd of 1,200 fans and dignitaries counting down-three, two, one-Colts quarterback Peyton Manning, Gov. Mitch Daniels, Mayor Bart Peterson and others shoveled a little dirt on the future home of the city’s new stadium in a formal ground breaking Sept. 21….

Higher stadium price looms: Hurricanes likely to blow up costs for construction projects

November 21, 2005

The Gulf Coast hurricanes may push construction costs sharply higher for several years, experts say, potentially adding millions of dollars in costs to the $625 million football stadium as well as other public projects in their early stages. “Even a 1-percent cost increase on a project like [the stadium] is significant, and the effects from these hurricanes is likely to be higher than that,” said Patrick Barkey, an economist and director of economic and policy studies at the Miller College…

SPORTS: IU sneaking up on Purdue, but not on its leader

November 14, 2005

One year ago, I used this column to be critical of my alma mater, Indiana University, while lauding upstate rival Purdue. In the nearly five years I’ve been writing for Indianapolis Business Journal, no column of mine has received as much reaction as that one. And while 90 percent of that piece was devoted to the athletics programs-football, in particular-the 10 percent in which I referred to the respective images and leaderships of Indiana and Purdue received the most attention….

Industry: Let’s build minority business: Construction consortium working on diversity

October 31, 2005

A consortium of some of central Indiana’s biggest players in construction has set its sights on improving minority involvement in the $8-billion-a-year industry. The Indiana Construction Roundtable, an organization made up of some of the biggest users and providers of construction services, on Oct. 12 approved a diversity outreach initiative. The ambitious plan aims to increase minority participation in the construction industry by rewarding contractors who support education and training, employ minorities and women, and mentor small minority- and women-owned…

Boom, baby: Tourism industry preps for growth: Convention center, stadium may add thousands of jobs

October 17, 2005

The dirt is still fresh from the Colts’ stadium ground breaking, but local hospitality professionals already are planning for the growth it will spur in their industry. Experts project as many as 25,000 additional jobs by 2010, when both the stadium and a 275,000-square-foot expansion of the Indiana Convention Center are scheduled to be complete. That tally counts jobs created in those facilities as well as in hotels, restaurants and other attractions. Officials expect 4,200 jobs to be added in…

COLD PROSPECT?: New stadium may not overcome climate, lack of corporate clout as city vies for Super Bowl

October 17, 2005

Did NFL Commissioner Paul Tagliabue do a snow job on Indiana legislators? Tagliabue dangled visions of Indianapolis’ hosting a Super Bowl when he made the case for a $625 million stadium before Indiana lawmakers earlier this year. Now construction is under way, and local officials are watching 2006 host city Detroit to see if it can warm skeptics to the idea of playing the Super Bowl in a cold-weather city. But some observers of the big game doubt Indianapolis has…

Premiums continue to climb: Rate increases may dip, but not by very much

October 17, 2005

After four years of double-digit rate hikes, average health care insurance premiums rose less than 10 percent in 2005. And they’re expected to rise less than 10 percent again in 2006, according to several national surveys. But excuse employers if they don’t get excited about the trend. They are still faced with having to pay much higher prices or trimming benefits-or both. Health care insurance premiums this year increased 9.2 percent, a 2-percent drop in the average increase from the…

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Articles

Part-time manager experiment working: Pilot program could be expanded beyond Indianapolis

Stadium architect beats ‘dark horse’ status: Experience with other sports arenas wins HKS first pro football project

Biz incubator out of room: IU Emerging Tech Center needs $20M or more for expansion

Stadium off diversity mark: Some minority, female contractors say they’re being left out

Real estate experts examine the market: Indianapolis in good shape overall, panelists say, but job growth, incentive issues, among concerns

State will grant parking perks for Prius, other hybrid vehicles:

Stadium project missing diversity goals: Building authority might look beyond city to meet mandates for contracting with minority-, women-owned firms

Hotel firm investing $30 million by stadium: Dora Brothers specializes in properties on the fringes

SPORTS: IU doesn’t have to hire from the ‘family,’ but it will

Labor tiff puts loan for stadium in limbo: NFL Players Association refusing to back $34 million as fight with owners drags on

Startup fills growing drug-trial niche: Indianapolis-based Anaclim focuses on recruiting minority patients

AGENDA INDIANAPOLIS 2006: City made progress in some areas, but top priorities require more work

Diversity is theme at IU med school:

Finally, a new stadium, and not just for football:

Higher stadium price looms: Hurricanes likely to blow up costs for construction projects

SPORTS: IU sneaking up on Purdue, but not on its leader

Industry: Let’s build minority business: Construction consortium working on diversity

Boom, baby: Tourism industry preps for growth: Convention center, stadium may add thousands of jobs

COLD PROSPECT?: New stadium may not overcome climate, lack of corporate clout as city vies for Super Bowl

Premiums continue to climb: Rate increases may dip, but not by very much