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Cultural Trail pork?
The finished trail will be great. But the federal government is on a trajectory toward fiscal oblivion.
Kite Realty reports quarterly profit, annual loss
Indianapolis-based developer Kite Realty Group Trust turned a small profit in the fourth quarter, but reported a loss in 2009
amid difficult commercial real estate conditions.
Foes keep up 31-year fight over central Indiana landfill
A developer who has been trying for 31 years to build a central Indiana landfill says he’s ready to start construction after
receiving a state permit.
House panel OKs delay in unemployment tax hike
An Indiana House committee endorsed legislation Wednesday that would delay for one year increases in taxes that employers
pay into the state’s bankrupt unemployment insurance fund.
Simon Property Group urges rival to heed $10B buyout offer
Simon’s warning was delivered in a letter sent to General Growth a day after the company essentially rebuffed Simon’s hostile
takeover bid.
Vortek Surgical moving HQ to Brownsburg, adding 60 jobs
Indianapolis-based Vortek Surgical LLC will relocate to Brownsburg, expanding its headquarters, manufacturing and distribution
operations and creating more than 60 jobs in the next three years.
Hamilton County ranked Indiana’s healthiest county
Nationwide report ranks Marion County 87th out of 92 Indiana counties in health factors and 80th in health outcomes.
WellPoint rate hikes spark protest in Indianapolis
Congressman Andre Carson will make remarks Thursday during a public chastising of Indianapolis-based health insurer for 21-percent rate
hike on individuals.
Fourth-quarter commercial real estate stats
IBJ’s Commercial Real Estate Focus sections include statistical snapshots of Indianapolis’ multi-tenant office vacancy
rates and the local industrial market.
TROY: New law frees contaminated real estate from purgatory
State environmental regulators now must consider leaving contamination in the ground so long as it doesn’t threaten health
Urban Land Institute chapter launches in Indianapolis
Chapter, heavily populated by developers, hopes to guide sustainable development.
Commercial brokers trying property management in hard times
The commercial real estate slump is prompting several Indianapolis brokerages to add property-management services to their
portfolios or bolster existing ones.
Mays named to Indiana Utility Regulatory Commission
Gov. Mitch Daniels has appointed former Democratic state Rep. Carolene Mays of Indianapolis to the Indiana Utility Regulatory
Commission.
WellPoint, insurance commissioner get earful from lawmakers
State House insurance committee chair grills executives about WellPoint’s 21-percent premium increase for individual policyholders
in Indiana.
Truck driver escapes train crash
A semi-truck driver managed to escape injury by fleeing his stuck vehicle moments before a train plowed into it. The accident
happened Tuesday night in Hancock County on County Road 400 near State Road 67. The driver was hauling a load of wooden pallets
to a recycling facility nearby when the truck got stuck on the tracks. Weather conditions may have played a part in the crash.
Man shot, killed while in vehicle
A man was shot and killed in his car Tuesday night while stopping to talk to two men on the near-north side. The shooting
happened on 39th Street near Graceland Avenue. A female passenger said soon after the victim stopped his car, one of the men
on the street shot the driver in the chest, killing him. The vehicle rolled down 39th Street, struck a tree and a pole, and
almost hit a pedestrian before coming to rest. The passenger was not hurt, and the victim’s name has not been released.
SUV crashes into Red Cross Building
Police arrested a 30-year-old driver after he crashed his SUV into the headquarters of the American Red Cross of Greater
Indianapolis just after 5:30 a.m. Wednesday. Aaron Diemer of Avon, who suffered minor injuries, refused to allow medics to
draw his blood for alcohol testing. He was arrested for driving while intoxicated and for driving while suspended with a prior
conviction. Police say the SUV was going at least 70 mph when it traveled through a median, over a traffic-light control box
and into the empty building at 441 E. 10th St. Fox59 will have more at 4 p.m.
Cultural Trail snags $20.5 million stimulus boost
The funds will be used for construction on the remaining 4.5 miles of the $62.5 million project, officials announced Wednesday.
Also this week:
Indiana Repertory Theatre presents David Hoppe’s one-person play “After Paul McCartney,” Feb.
24 to March 17. Details here.
Ensemble Music Society presents Brooklyn Rider, performing
music by Philip Glass, John Cage and more, Feb. 24, at the Indiana History Center’s Basile Theatre. Details here.
Indianapolis Museum of Art presents “Heather
Rowe: Tenuous Arrangements,” Feb. 19 to Aug. 1. Details here.
Indianapolis Symphony Orchestra presents
“Happy Hour at the Symphony” featuring Time for Three, Feb. 18 at Hilbert Circle Theatre. Details here.
Indianapolis Symphony Orchestra presents
“The Troika,” music by Tchaikovsky, Rachmaninoff and Prokofiev, Feb. 18 at Hilbert Circle Theatre.
Details here.
Indianapolis International Film Festival presents “William Kunstler: Disturbing the Universe,”
Feb. 18 at the Indianapolis Museum of Art’s Tobias Theatre. Details here.