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CORRECTION Ken Skarbeck’s Investing column on page 22 last week incorrectly linked the Indiana Bond Bank with bonds issued on behalf of the city’s water utility in 2005. The Indiana Bond Bank had no involvement in the transaction.

Lucas Oil Stadium area Integrating bus, rail at downtown station This concept by Wes Perkins would bring perhaps the most ambitious and transformative change to downtown since Circle Centre mall. Here the rail line ends at a transportation hub that also ties in bus routes, Amtrak trains and even a monorail system that could run […]

TRANSPORTATION Firms still pay to relocate staff Many companies still are willing to offer employees relocation incentives, even though a deepening recession is forcing them to cut costs and scale back on other benefits. That’s the findings of Evansville-based Atlas Van Lines’ just-released 2009 Corporate Relocation Survey. Nearly two-thirds (63 percent) of the firms surveyed […]

Design of expansion features lots of glass Aim is to give new convention center welcoming feel The plan for the expansion of the Indiana Convention Center is a practical one that designers needed to spiff up a bit. So, Ratio Architects Inc. concentrated on making visitors feel comfortable by accentuating a lot of glass at […]

SPORTS MainGate feasts on Lions Locally based MainGate Inc. is getting a big boost from its new contract with the Detroit Lions. MainGate signed a 10-year deal in February to manage the Lions’ retail shop at Ford Field and the team’s retail Web site. On April 20, the Lions introduced an updated team logo and […]

LOAN APPROVALS SBA Loans SBA loan guarantees for the month of March. These businesses have received loans from financial institutions with a guarantee from the SBA. Not all funds are disbursed immediately. Furthermore, some approved loans are subsequently canceled. Arts A Poppin LLC, 653 Massachusetts Ave., Indianapolis, $30,000 from Borrego Springs Bank N.A. Banc-Serv Partners […]

Restraint should be mantra State must not undo fiscal progress Trying to rein in spending when so many Hoosiers are hurting has put some hard choices before the General Assembly this year. But Indiana needs lawmakers to hang tough as they head toward the session’s finale April 29. At the top of their list of […]

Indianapolis International Airport area Center offers accommodations for air travelers facing layovers Eventually, additional rail transit corridors would be built, radiating in other directions from downtown. One concept, by Jessica Coleman, plays off the idea that a transit line might someday run between downtown and Indianapolis International Airport. She proposes a transit stop community northeast […]

REAL ESTATE Fort Ben prepares to launch $9M in infrastructure upgrades The Fort Harrison Reuse Authority is preparing to break ground on a massive infrastructure project that will lay the groundwork for the master-planned Lawrence Village at the Fort, the final phase of a decade-long redevelopment of Fort Benjamin Harrison. The $9 million project calls […]

MANUFACTURING Indy chemical firm acquired Specialty chemical maker Galaxy Associates of Cincinnati has acquired Challenge Inc. of Indianapolis for an undisclosed sum. Challenge is Galaxy’s fifth acquisition since 2003. The company bought another Indianapolis firm, Rieskamp Equipment Co., in March 2008. Chemist David Crosley founded Challenge in 1972 to serve the metal-finishing industry with environmentally […]

Investing column contained errors The purpose of this letter is to point out a serious error in the [April 20] Investing column, “Complex bond schemes haunt Indy, other cities.” The article erroneously states that the Indiana Bond Bank issued bonds on behalf of Indianapolis Water Co. in 2005. Please note that the 2005 Indianapolis Water […]

56th Street and Keystone Avenue Balancing new development and existing neighborhoods This 1-square-mile stop along the Nickel Plate would revitalize a “vast sea of asphalt littered with warehouse buildings, factories, box stores and storage unit buildings.” Yet this new community proposed by Matt VanSoest seeks to live in harmony with existing residential neighborhoods, including cottages […]

Fast-growing tanning chain hot on Indianapolis market Kentucky-based company aims for 25 salons in area At a time of retrenchment for most retailers, Elizabethtown, Ky.-based Sun Tan City is enjoying a growth spurt that has brought it to the Indianapolis market in a big way. Since November 2008, it has opened eight salons in central […]

DeHaan recognizes young ballet company The story behind the gift: Indiana Ballet Co. and its affiliated dance school began after the city’s longserving professional company suddenly folded. Executive Director Russ Smith said that convincing donors to back ballet once more has been difficult, but that might change after the company received a $30,000 gift from […]

MEDIA & MARKETING Kidd to lead Walker initiative aimed at mid-market firms you your products or services? Is it their low price? Maybe it’s their high quality? Or it might be the convenience of your location. Here’s a better question: Are your customers loyal? Or would they buy elsewhere, given the chance? Bruce Kidd wants […]

UPDATE OAKLEY-HAMMOND FUNERAL HOME, MOORE & KIRK IRVINGTON CHAPEL Address: 5342 E. Washington St. Phone: 357-1159 E-mail: [email protected], [email protected] sites: www.oakleyhammond.com, www.mooreandkirk.comFounded: 1905 Founders: William and Tressie Moore Kirk Owners: Bruce Oakley and Joseph Hammond Service: funeral services Employees: two full-time and two part-time Revenue (past 12 months): $300,000 Date of fi rst profi le: […]

Disappointing meal begs question: How Polo can you go? Like a true “Hoosiers”-loving Hoosier, I always pick a No. 16 seed to upset a No. 1 seed in the NCAA basketball tournament. I root for the underdog. So when I heard local owners were taking over a shuttered Steak & Ale restaurant, I was cheering […]

38th Street and Fall Creek Parkway Two ideas: Urban agriculture and water-based development An urban agriculture development by Nick Alexander would be more than a connecting point to the Indiana State Fairgrounds and bus routes on 38th Street. Built along the eastern edge of Fall Creek, the development becomes a “sustainable garden community.” Medium-density housing […]