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VOICES FROM THE INDUSTRY: Better system of sharing bodes well for profession

When it was built in the 1930s, the original James Whitcomb Riley Hospital for Children was a very large construction project. Yet it required only 40 sheets of drawings, and only the stonework at the entry and the ceiling in the lobby were extensively detailed. The rest of the “detail knowledge” was filled in by contractors. Compare what it took to build Riley with the 50,000-plus drawings issued through six construction managers to build the new Indianapolis Midfield Terminal complex….

Green roofs slow to take root in Indianapolis area: Despite an array of environmental and other benefits, initial costs and lack of incentives put lid on their use

Green roofs color the skylines in Chicago, Philadelphia, Toronto and other North American cities, but Hoosiers have to look high and low to find similar examples of the plant-filled building tops in Indianapolis. “Most green roofs [in other cities] are on the tops of existing buildings, where here they are [more likely to be found] above an underground parking garage that you might not even be aware is there,” said Mark Zelonis, director of the gardens and grounds at the…

Some say Wheeler Mission hurts neighborhood’s potential

A fall merger of two Indianapolis homeless shelters set off a new round of speculation about whether Wheeler Mission Ministries Inc. will continue to operate out of its 245 N. Delaware St. location–a stone’s throw from multimillion-dollar redevelopment under way on Massachusetts Avenue.

INVESTING: Energy, material stocks showing signs of strength

We’ve been talking lately about falling prices and the effects on stock prices. I know everyone gets a big kick out of cheaper gas, and a lot of experts are telling us oil will fall to $40 a barrel. But judging from recent market action, oil and other commodity plays might do better than observers think for the rest of the year. The headline-grabbing news of the weak housing market is doing a great job taking people’s eyes off the…

Century-old landmark building gets new life as condos: Former Ashantii Ballroom renovated into 11 units

He lived in the south Broad Ripple house 11 years, rented it out for another 11, then sold it for three times what he paid for it. Today, McMichael, 43, owns a dozen rental properties around Indianapolis, plus the well-known Rathskeller Restaurant downtown. And recently he’s turned his real estate eye to 16th and Alabama streets where he’s converting the former Ashantii Ballroom into luxury condominiums. “I learned years ago with that first house the power of real estate,” Michael…

VOICES FROM THE INDUSTRY: The cost of green building may not be extra after all

It is a question that comes up at every project kickoff meeting, the $64,000 question that every project owner wants to know from Day One-what is it going to cost to design a “green,” or sustainable building? Typically, that answer has been somewhere between 3 percent and 5 percent extra to obtain Leadership in Energy and Environmental Design, or LEED, certification, the industry’s standard for measuring building sustainability. Admittedly, it’s not an answer based on years of experience building sustainable…

Massive hotel project could advance without city help: Redevelopment would be on a smaller scale

Land near Victory Field could get hundreds of additional hotel rooms even if the developers that control the site don’t receive city incentives they’re seeking for a huge convention hotel project. Merrillville-based White Lodging Services Corp. and Indianapolis-based REI Real Estate Services are asking the city to invest $45 million to $55 million toward a $250 million campus of hotels on land that’s now home to a 235-room Courtyard by Marriott and a TGI Friday’s. If they don’t win the…

SPORTS: IU’s Sampson prepares for his toughest audience

CHICAGO-Yes, Kelvin Sampson has the job. It’s been his since March. Nonetheless, the audition begins next week in Conseco Fieldhouse, when his IU Hoosiers basketball team opens the preseason NIT against Lafayette. Sampson will need to be into multi-tasking. Coach his team. Rise to stratospheric expectations. Restore reputations. Quiet the critics who can’t get over the fact that he arrived with baggage that included more than his clothes. And, just win, baby. That will take care of virtually all of…

Former Lt. Gov. Davis seeks support for Model Indiana

Former Lt. Gov. Kathy Davis is attempting to build a virtual version of Indiana for policymakers to wander. If successful, the new IT system could help shape Statehouse debate on a host of subjects.

BULLS & BEARS: Market may be at high, but big challenges loom

The other day, as investors basked in the glow of new stock market highs, an eyecatching headline traveled across newswires. The article, which seemed out of place with the record highs on the Dow Jones industrial average, was titled “GAO chief warns economic disaster looms.” The Government Accountability Office, or GAO, is an investigative arm of Congress that audits and evaluates the performance of the federal government. The head of the GAO can be thought of as the nation’s chief…

Martin University to lose its founder, but not his philosophy

In an 80-grit patch of the city fluent in poverty and despair, the Rev. Father Boniface Hardin lectures a visitor on how businesspeople need to learn the language and culture of countries where they operate. If not out of deference, then do it for practical reasons, he says, painting a picture of foreign business partners who “bow their heads and say, ‘This guy is one big sucker and we can rip him off,’ in their language.” What at first sounds…

High school dropouts go under microscope: IPS seeks answers from leaders on costly problem

Indianapolis Public Schools late this month plans to convene a community panel to help the state’s largest school system implement a dropout prevention plan next spring. The first public meeting of the 50-person panel is set for Nov. 27 and comes as a new report suggests Indiana dropouts cost taxpayers $62 million a year. The panel is made up of a wide range of people, from parents to community leaders. Each of the estimated 21,000 dropouts statewide costs the state…

NOTIONS: A memo to winning pols from the middling masses

One of my sons will vote for the first time this week. His twin got so busy with schoolwork and extracurriculars that he missed the registration deadline. With only a fraction of eligible American voters casting ballots on the Tuesday after the first Monday this November, “majority rules” once again will be a misnomer. In fact, with only the most partisan and deep-pocketed among us ruling the day and candidates pandering primarily to such activists’ priorities, “fringe rules” would more…

Ponds poo-pooed by more developers: Land prices create need for alternative storm systems

For years, the model for most local drainage systems-especially in large development sites not directly downtown-has been underground pipes running into a large detention pond. The ponds have dotted the landscape, becoming a perk for office dwellers and homeowners wanting a “lake” view, but raising the concern of many safety officials over the increased risk of drownings. But as new federal rules come into effect requiring not just flood prevention but also filtration of contaminants, more developers may be moving…

EYE ON THE PIE: We all could use a dose of civility

Whenever life seems too gloomy to endure, there is relief to be found in the antics of the Bloomington City Council. That body of jokesters recently voted to permit households within the city limits to keep up to five chickens. These chickens will help supply fresh eggs, thereby reducing the community’s dependency on unnatural food sources. (No, dear reader, I did not make this up.) We will not claim the City Council of Bloomington is sexist because it permits egg-laying…

NaClor picks spot for $40 million plant: South-side parcel considered for chemical factory

Backers of a proposed $40 million Indianapolis chemical plant are eyeing a south-side parcel near White River, but neighbors worry fumes from the facility will drag down property values nearby. In the spring, local economic development groups trumpeted Indianapolisbased NaClor Inc.’s decision to build the plant here. In return for the 53 new jobs-making bleach and other chemicals used in soaps, detergents and water quality treatment-the state promised $2.8 million in tax cuts and training grants, and the city offered…

Ex-Lilly execs take on diabetes with Carmel startup

Four former top scientists at Eli Lilly and Co. have formed a Carmel-based company to develop diabetes therapies–a venture observers say has the potential to become the kind of blockbuster success BioCrossroads was built to stimulate.

VOICES FROM THE INDUSTRY: Bringing answers to Indianapolis from around the globe

Why should you care how many stamps your architect has in his or her passport? Or whom your architect talks to from around the world? Because, as national publications declare design to be the new driving force in the marketplace, and as that marketplace becomes increasingly global, your architect can offer you a conduit to the people and ideas that will make a difference in your business in the years ahead. Indianapolis-area architects already are working to bring the world…

Foreign auto plants-yes, foreign automobiles-no: Ford and Chevy tops in all 92 Indiana counties

Hoosier workers and community leaders want Honda and Toyota jobs, but the vast majority of them don’t want their cars, at least not yet. At a time when employment by the Big Three automakers is plummeting throughout the state, 80.6 percent of Indiana vehicles registered by the Indiana Bureau of Motor Vehicles are domestic. Hoosiers’ taste for domestic models is in stark contrast with the rest of the country. Nationwide, domestics account for just 51 percent of the market. “I…