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AAC Management Corp., the company that has agreed to buy Lafayette Square Mall, faces big challenges reviving the flagging property, retail brokers say. The 39-year-old northwest-side mall has lost customers and anchor tenants as new developments to the west and north have siphoned off affluent shoppers, brokers say. “This is a roll-up-your shirtsleeves kind of […]
By J.K. Wall Indiana ranked among the top 10 states for its strength in medical technology, according to a new report from the Advanced Medical Technology Association, a trade group of makers of medical devices, equipment, software and supplies. The report was based on the number of jobs and wages in medical technology companies and […]
The cost of parking is one of the top reasons office space has been a tough sell downtown when compared to the suburbs. But it’s not a problem if you’re the mayor-elect….
Ag Growth Industries LP, a Winnipeg, Canada, maker of grain-handling equipment, will add a location in an existing building in Union City in east-central Indiana, the Indiana Economic Development Corp. said today. The company, which fabricates augers, conveyors, grain storage bins, will occupy the former Union City Body Co. building, which has 163,000 square feet. […]
A centerpiece of the sweeping proposal rolled out yesterday by the Commission on Local Government Reform involves
consolidating many county offices under one elected official.
A county chief executive would appoint the assessor, auditor, coroner, recorder, surveyor, treasurer and even
the…
For a town where dance lovers are still mourning the 2005 loss of Ballet Internationale, Indy seems to have an overabundance of sugar plum fairies this season, with Butler U.’s, Gregory Hancock’s, and the Indiana Ballet Co.’s all going toe…
A ruling in federal court has removed several potential hurdles to the long-planned Interstate 69 extension, including one that sought to block a section through Perry Township in Indianapolis, reports the Evansville Courier & Press. The decision handed down late Monday by U.S. District Court Judge David Hamilton denied plaintiff claims that Major Moves disallowed […]
Eli Lilly and Co. has completed shifting exclusive production of a tuberculosis antibiotic to Purdue Research Foundation. The foundation’s Chao Center for Industrial Pharmacy & Contract Manufacturing will manufacture and distribute the drug, called Seromycin. Lilly sold the rights for an undisclosed price and donated the manufacturing equipment. Approximately 10,000 Americans are thought to have […]
Folks who think itâ??s time to bring local government from horse-and-buggy days into the modern era have to
be smiling about the report that the Commission on Local Government Reform released this morning.
The report, written by former Gov. Joe Kernan…
More than half of steel workers at plants around Lake Michigan could retire in five years, opening up hundreds of jobs, reports The Times of Munster. U.S. Steel Corp.’s plant in Gary, for example, plans to hire 250 hourly workers in each of the next several years, plus nearly 30 salaried employees. Hiring has been […]
Here’s the Lifeline Data Centers site plan for its reuse of the old Eastgate Consumer Mall. What do you think of the lake and walking trails?
Atlanta officials are in “extensive negotiations” to attract the College Football Hall of Fame from its South Bend home to the city’s Centennial Olympic Park, the Atlanta Business Chronicle reported late last week. Citing sources close to the negotiations, the newspaper said the talks have not advanced to the point of involving Atlanta Mayor Shirley […]
While the Indianapolis Colts steamroll their way toward the playoffs, the team’s sales staff is racking up its own successes. Today, Colts officials announced another multi-year, multi-million-dollar sponsorship deal for Lucas Oil Stadium, which is set to open next fall. Officials for locally based HHGregg Inc. announced at a press conference at the team’s 56th […]
Jamaal Tinsley is back in the news, and not for helping the Indiana Pacers win games.
Early Sunday morning, someone with an assault rifle followed Tinsley and his friends from a nightclub near
Lafayette Square Mall to the Conrad Hotel downtown…
Cereplast Inc., a Hawthorne, Calif., manufacturer of bio-based plastic resins, will locate a plant in the southern Indiana city of Seymour, the Indiana Economic Development Corp. said today. The project will create as many as 200 jobs manufacturing and distributing resins made from plant starches rather than petroleum. Cereplast will invest more than $7 million […]
Indianapolis Historical Society leaders are taking the next step in the evolution of the archival-research-based group. The
group’s 8-year-old facility, the Indiana History Center, is getting a Disneyesque makeover, as is its programs.
As legislators prepare to overhaul the state’s property-tax system, Marion County’s future hangs in the balance. Indianapolis
residents–particularly in the city’s older, urban core–already pay far higher taxes than their suburban counterparts. And
arguably get less bang for their buck. Changes on the table could make Marion County an even tougher sell.
It’s been a good number of years since I’ve joined what seems like half of central Indiana at the Indianapolis Symphony Orchestra’s “Yuletide Celebration.” That’s no slight to the institution, just a reality of my arts going-I tend to gravitate toward the new experience rather than the familiar. And traditions of any kind are built on familiarity. Which sets me against the flow of concert- and theatergoers this month. After all, December is the time of Nutcrackers, Scrooges and carol-based…
EnerDel, an Indianapolis company pioneering a new kind of battery for hybrid vehicles, has just received a badly needed jolt of juice. EnerDel’s parent, Florida-based alternative-energy firm Ener1 Inc., late last month wrapped up $32 million in equity financing from a group of investment heavyweights, including JPMorgan Chase and Credit Suisse. The investors received warrants giving them the right to invest another $43 million within 180 days, boosting the total capital commitment to $75 million. “The investors we have gotten…
Local women business owners are trying their hand in politics heading into the 2008 campaign season. Launched in February, the Indiana Woman Business Owner’s Political Action Committee will raise money to promote political candidates who champion femaleowned businesses. “The purpose is to support candidates … that seek to protect and develop women-owned and minorityowned business,” said PAC Chairwoman Billie Dragoo, founder and CEO of Indianapolis-based medical staffing company Repucare. Its mission is simple, she said: “to advance the agenda of…
