Boone County shoots down $35M rezoning plan
Carmel-based Midwest Independent Transmission System Operator said it would continue to scout for sites in the Indianapolis
area.
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‘Invictus’: Your thoughts.
Comments on Monday night’s screening of the new Morgan Freemon/Matt Damon film.
Simon buying Prime Outlets in $2.3B deal
Simon Property Group Inc. is doubling down on outlet malls with an agreement to buy Baltimore-based Prime Outlets, a
privately held firm that owns 22 of the giant properties.
Patachou owner’s pizzeria granted alcohol permit
Café Patachou owner Martha Hoover’s plan to open a pizzeria next to her trademark eatery at 49th and Pennsylvania
streets in Indianapolis cleared its final hurdle Monday.
Ariad asks court to restore patent-suit win against Lilly
A federal appeals court will decide whether Eli Lilly and Co. must pay $65.2 million in damages, plus royalties, over a drug-patent
claim.
Calumet selling 3 million shares in secondary offering
Calumet Specialty Products Partners LP is selling 3 million shares of common stock to pay debt and to finance requirements
of an agreement with another company.
Muncie mayor plans closing of animal shelter
Muncie’s mayor says she’s planning to close the city animal shelter because budget cuts would leave it understaffed.
Rose-Hulman trustees elect new school president
The Rose-Hulman Institute of Technology’s board of trustees have elected interim school president Matt Branam the college’s
new full-time president.
Indiana house panel takes up property-tax caps
If approved by the full Legislature during the session that gets under way in earnest in January, voters would decide whether
the caps should be constitutional.
Danica Patrick reaches NASCAR deal, source says
Last week, Patrick signed a three-year contract extension with Andretti Autosport to stay in the IndyCar series, but its schedule
gives her enough time to also try NASCAR.
Kosene becoming full-service residential brokerage
Kosene & Kosene is launching a full-service residential real estate brokerage, in part to counter a tough development
market.
Indiana State Police cut 42 motor carrier jobs
The layoffs of half the division’s inspectors were blamed on the state’s financial troubles.
Is Gary Brackett a ring away from commercial stardom?
Indianapolis Colts’ linebacker Gary Brackett has what it takes to be the next NFL defender to hit commerical pay dirt. A Super
Bowl victory could put him over the top.
Marsh, then and now
Now that Marsh Supermarkets is being run like a real business, has the shopping experience changed?
Ammo causes problems for firefighters
A weekend fire forced firefighters to dodge bullets, after the blaze ignited ammunition left behind from a shooting. The fire
broke out about 11 p.m. Saturday in a home in the 3500 block of North Leland Avenue on Indianapolisâ?? east side. Fire crews
say that when they arrived, the ammunition, believed to be from a shooting earlier in the day, began to explode. No firefighters
were hurt. A male shooting victim was taken to the hospital in serious condition. An investigation is under way to see if
the two incidents are connected.
Police search for teen’s shooter
Police are looking for a gunman who shot a 17-year-old boy in his home just before 2 p.m. Sunday in the 4700 block of Munter
Lane on Indianapolisâ?? east side. The teen said he was heading back into the house from his backyard when the gunman followed
him inside the home and opened fire. One of the bullets hit him in the shoulder. He was taken to the hospital in stable condition.
Fox59 will have more at 4 p.m.
Miller Pipeline purchases Illinois-based contractor
Indianapolis-based Miller Pipeline Corp. announced Monday morning that it has purchased Illinois-based Elcon Pipeline Inc.,
marking the company’s fifth acquisition in the past four years.
People
Brad Skillman will succeed Larry Koenes as president of The Skillman Corp. Skillman, who joined his family’s construction company in 1993, previously launched Skillman offices in Michigan, Illinois and Ohio.
Construction
-Herman & Kittle Properties has started construction of Lynhurst Park II, the second and final phase of an apartment complex at 3215 Joey Way, on the southwest side. Construction of the 62-unit project began following the purchase of tax credits by Wells Fargo Community Lending and Investments. Completion is scheduled for late summer or early fall of 2010.
-Shamrock Builders-Commercial completed a 6,612-square-foot office for Phillip Montefalco DDS at 8445 S. Emerson Ave., Suite 100.
-Shamrock Builders-Commercial completed a 2,520-square-foot tenant build-out for Bradley Consulting Inc. at 1620 W. Oak St., Suite 200, Zionsville.
Housing
On a seasonally adjusted basis, the pace of mortgage loan activity increased 2.1 percent for the week ending Nov. 27, according to the Mortgage Bankers Association. Rates for 30-year loans decreased to 4.79 percent from 4.82 percent the previous week. Fifteen-year mortgages decreased to 4.27 percent from 4.32 percent.