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Construction fencing is up and trees are coming down in front of Fishers Town Hall in preparation for next month’s groundbreaking on The Depot at Nickel Plate, a mixed-use project that officials hope will launch a wave of downtown redevelopment.
Jeffrey L. Sparks, who has led the Heartland Film Festival since he founded the internationally known movie event more than two decades ago, is bowing out of his leadership role, he confirmed Tuesday morning.
Frullati Cafe & Bakery, operated by Scottsdale, Ariz.-based Kahala Corp., owes the mall at least $23,439 in back rent, according to a lawsuit filed Sept. 10 by landlord Simon Property Group Inc. in Marion Superior Court.
Indianapolis Colts quarterback Andrew Luck said he wanted to prove himself on the field in the National Football League before pursuing sponsorship opportunities off it.
Community Howard Regional Health said it will reduce its current workforce by 50 positions over the next few weeks.
The Indianapolis-based insurer said Tuesday that John Short and Elizabeth Tallett will join its 11-member board Wednesday and Oct. 1, respectively.
A workplace safety inspection prompted by the death of an Indianapolis trash collector has resulted in 10 violations and proposed fines of $80,000 for the city's public works department.
-TMG Construction Management Inc. has begun construction of an 861-square-foot Chipotle Mexican Grill in the Fashion Mall at Keystone at the Crossing.
-Capitol Construction has completed a 1,750-square-foot retail build-out for Starbucks at 13844 Olivia Way, Fishers.
-Capitol Construction has completed a 925-square-foot retail build-out for Dottie Couture at 8555 River Road.
The average rate for 30-year mortgages dipped to 4.71 percent from 4.72 percent in the week ended Sept. 11, according to Bankrate.com. The rate for 15-year mortgages rose to 3.75 percent from 3.74 percent.
-Herman & Kittle leased 21,954 square feet Four Parkwood Crossing, 500 E. 96th St. The lease was a renewal with a 7,718-square-foot expansion The tenant was represented by Jon Jessup and Matt Waggoner of Summit Realty Group. The landlord, Duke Realty, was represented by Duke's Adam Seger.
-Nexus Academy Blended Learning Schools leased 10,008 square feet at Glendale Town Center, 6101 N. Keystone Ave. The tenant was represented by Lynelle Noll and Nick Arterburn of CBRE. The landlord, Glendale Centre LLC, was represented by Andrew Hasbrook of Kite Realty Group.
-A&P Ventures LLC renewed its lease for 6,000 square feet of industrial space at 9319 9341 Castlegate Drive. The tenant was represented by Bryan Poynter of Cassidy Turley. The landlord, First Industrial Realty Trust, represented itself.
-J.Allan Hall & Associates Inc. leased 5,250 square feet at Circle Tower, 55 Monument Circle. The landlord, Ambrose Property Group LLC, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group. The tenant represented itself.
-Woodhouse Day Spa leased 4,955 square feet at Geist Pavilion, 11501 Geist Pavilion Drive, Suite 118, Fishers. The tenant was represented by Jenna Barnett of Newmark Knight Frank Halakar. The landlord, 116th & Olio LLC, was represented by Andrew Hasbrook of Kite Realty Group.
-Revolution X leased 4,267 square feet of flex space at 12800 Ford Drive. The tenant was represented by Spero Pulos of Lee & Associates. The landlord, Mahi Development Co., was represented by Brad Williams of Summit Realty.
-Westbridge Investments leased 3,580 square feet of retail space at Rangeline Road and City Center Drive, Carmel. The tenant was represented by John Crisp and Spud Dick of Cassidy Turley. The landlord, Carmel City Center LLC, was represented by Melissa Averitt of Pedcor Companies.
-National Permit Services Inc. leased 3,300 square feet of industrial space at 3250 N. Post Road. The tenant was represented by Fritz Kauffman of Cassidy Turley. The landlord, Iron Point Titan Asset Management LLC, was represented by Bryan Poynter of Cassidy Turley.
-Qdoba Mexican Grill leased 3,138 square feet at Traders Point II, 5650 E. 86th St. The tenant was represented by Steve Delaney of Sitehawk Retail Real Estate. The landlord, Kite West 86th Street II LLC, was represented by Andrew Hasbrook of Kite Realty Group.
-Cycle Gear Inc. leased 3,100 square feet at Castleton Shoppes, 6024 E. 82nd St. The tenant was represented by Mark Perlstein of Sitehawk Retail Real Estate. The landlord, Castleton Shoppes LLP, represented itself.
-Accelerated Health Systems, LLC leased 2,400 square feet of retail space in Scatterfield Shoppes, 4299 S. Scatterfield Road, Anderson. The tenant was represented by Jonathan Sharp of Sharp Commercial. The landlord, McCardwell Inc., was represented by Scot Courtney and Bart Jackson of Lee & Associates.
-Red Sake leased 2,250 square feet of retail space in Fall Creek Harbour, 11228 Fall Creek Road, Fishers. The tenant and landlord, FCH Associates LLC, were represented by Cindy Hoskinson of Lee & Associates.
-Jimmy Johns Gourmet Sandwiches leased 1,780 square feet of retail space in Emerson Shoppes, 4914 S. Emerson Ave. The tenant was represented by Jeff Daniel of Valenti Real Estate Services Inc. The landlord, KLC Realty LLC, was represent by Greg Smith of Colliers International.
-Marco’s Pizza leased 1,600 square feet of retail space in Stop 11 Crossing, 7930 S. Emerson Ave. The tenant was represented by Andrew Clifford of 7D Commercial Real Estate. The landlord, LOR Corp., was represented by Brett Burch and Jeff Daniel of Valenti Real Estate Services Inc.
-TCBY leased 1,504 square feet at Rangeline Crossing, 116th Street and Rangeline Road, Carmel. The tenant was represented by Bill French of Cassidy Turley. The landlord, KRG Centre LLC, was represented by Andrew Hasbrook of Kite Realty Group.
-Next Level Nutrition leased 1,000 square feet at Cool Creek Commons, 2456 E. 146th St., Carmel. The tenant was represented by Marilyn Farley of ReMax Select Inc. The landlord, Westfield One LLC, was represented by Andrew Hasbrook of Kite Realty Group.
-Hadah LLC bought 6.19 acres at 17400 Oak Ridge Road, Westfield. The buyer was represented by Bryan Poynter of Cassidy Turley. The seller, Oak Ridge Real Estate Development LLC, was represented by Craig Kaiser of Northern Commercial.
-International Disaster Emergency Services Inc. bought a 25,761-square-foot industrial property at 355 Park 32 West Drive, Noblesville. The buyer was represented by Michael Weishaar of Cassidy Turley. The seller, FEPCO, was represented by Craig Kaiser of Northern Commercial.
-ZZZ LLC bought a 10,010-square-foot industrial property at 15248 Stony Creek Way, Noblesville. The buyer was represented by Todd Vannatta and Michael Weishaar of Cassidy Turley. The seller, Acquired Capital I LLP, was represented by Jeff Hubley of Midland Atlantic Properties.
The vacant Sherman Park business complex on the east side has been taken from a private developer in a bankruptcy reorganization, and several parcels of the 49-acre property are listed in the county's annual tax sale.
The report says a total of 100 medical errors were reported in 2012, the same number as 2011.
The group that oversees Indiana’s economic development initiatives for life sciences, information technology, transportation and clean technology is moving toward a fifth thrust focused on nutrition.
Community Health Network hired Wayne Pack as its chief human resources officer, replacing Jill Parris, who is retiring at the end of the year. Pack previously was senior vice president for human resources in the Americas division of Indianapolis-based Brightpoint North America, and before that was vice president of worldwide human resources at Carmel-based Thomson. Pack holds a bachelor’s degree from Tennessee Technological University.
Dr. David Williams has been named president of the west region of Community Health Network. Williams has held numerous leadership positions at Community Westview Hospital, including chief physician executive and chief of staff. He holds a bachelor’s degree from Ohio University in Athens and a doctor of osteopathy degree from Kansas City University of Medicine and Biosciences.
Sarah Knisely-King, a registered nurse, has been named chief operating officer and chief nursing executive for Community Health Network’s south region. She was most recently director of emergency services at Community Hospital South. Knisely-King holds a bachelor’s degree in nursing from Purdue University and a master’s degree in nursing administration from Lewis University.
Hendricks Regional Health Medical Group has hired Dr. Julia Ruckman, an OB/GYN, as part of its Westside Physicians for Women practice in Avon. Ruckman holds a bachelor’s degree from Indiana University and a medical degree from the Indiana University School of Medicine.
Dr. Frances Russell has joined Wishard-Eskenazi Health in emergency medicine. She received her undergraduate degree from Iona College and medical degree from the University of Wisconsin.
Dr. Constantine Albany has joined Wishard-Eskenazi Health in its special medicine oncology clinic. He received his medical degree from Techreen University in Syria.
Dr. Zachary Kahler has joined Wishard-Eskenazi Health in emergency medicine. He received his undergraduate degree from Carnegie Mellon University and medical degree from the University of Arizona.
By year end, the St. Vincent Health hospital system will spin off its New Hope organization for Hoosiers with development disabilities. St. Vincent New Hope will become a stand-alone organization that will continue to run group homes for its patients. New Hope started offering counseling, day programs and residential housing in 1978. About a decade later, St. Vincent joined forces with New Hope. St. Vincent Health will make a cash infusion to New Hope and also donate to New Hope more than 38 central Indiana group home properties. Jim Van Dyke, executive director of St.Vincent New Hope, said in a prepared statement, “This new phase in our history will allow us to implement even stronger programs that will enable New Hope to continue serving our clients well into the future.”
Major health insurers, including WellPoint Inc., are in line for another year of growth, thanks to Obamacare, according to Bloomberg News. Bloomberg cited Barclays Capital analyst Joshua Raskin, who in a research note late last week said the Medicaid expansion funded by Obamacare should help drive enrollment growth next year, and the health insurance exchanges in each state will wind up being a "very small" influence. WellPoint shares rose 57 cents Monday morning to $89.66 each.
Admissions at Indiana University Health hospitals in the first half of the year dipped 4.3 percent, prompting IU Health executives to give pink slips to about 800 employees, according to an announcement Thursday morning. Meanwhile, however, IU Health's business is stronger than ever, with income from operations shooting up nearly 20 percent in the first half of the year.IU Health currently has 36,000 employees, although many of them work part time. Its full-time-equivalent work force totals 27,000. For all of 2012, IU Health had revenue of $5.6 billion. IU Health’s decision comes less than three months after Indianapolis-based St. Vincent Health laid off 865 workers in late June, which was part of a 5,000-worker layoff by its parent organization, St. Louis-based Ascension Health Alliance. IU Health CEO Dan Evans said in an April interview that the hospital system is trying to cut $1 billion in expenses by 2017. So far, IU Health has been able to offset its decline in hospital admissions with an 8-percent price increase and by receiving more patient visits to its outpatient facilities. Excluding one-time items, IU Health income from operations rose 19 percent in the first half of 2013 compared to the same period in 2012. IU Health pulled in $186.3 million during those six months, compared with $156.6 million the year before. Inpatient admissions—those involving an overnight stay—had been climbing consistently throughout 2012. But then, in January, they started to fall.
Indiana University is cutting about 50 hourly workers at its Bloomington campus and shifting that work to a temporary staffing agency. Spokesman Mark Land said the move was in the works, but was accelerated so IU could avoid having to add those workers to the IU health insurance plan as required by the federal health care overhaul if they average more than 30 hours a week. Land told The Herald-Times that shifting 50 of the physical plant department's 650 jobs will also relieve the administrative task of managing the hours of seasonal workers. IU will have the Manpower agency hire the maintenance and custodial personnel after Sept. 28. The university will pay the agency an administrative fee to manage the workers.
Indianapolis-based Eli Lilly and Co. sued Canada last week, seeking $500 million in damages because the drugmaker thinks Canada’s courts violated the North American Free Trade Agreement by invalidating patents on two Lilly drugs. According to CBC News, Lilly had sought relief from Canada through arbitration, but will now take its complaint before a three-member tribunal. Lilly is suing because Canadian courts struck down some of its patents on its former bestseller Zyprexa, an antipsychotic medication, and on Strattera, a medicine to treat attention-deficit hyperactivity disorder. Lilly says the court rulings, issues from 2009 to 2011, cost Lilly hundreds of millions in sales because they allowed cheaper generic versions of the drugs to undercut Lilly’s brand-name products sooner than would have otherwise occurred. "Patent decisions in Canada over the last decade not only fly in the face of long-established international standards, but they're subjective and completely unpredictable," Doug Norman, general patent counsel for Eli Lilly, said in a prepared statement.
Family and Social Services Administration Secretary Debra Minott took questions on the Healthy Indiana Plan two weeks after the federal Centers for Medicare and Medicaid Services signed off on a one-year extension and some sizable changes to the program, including a new limit on earnings.
A flight bound for Dallas made an emergency landing at Indianapolis International Airport on Monday morning. The American Airlines MD-80 experienced an unspecified mechanical problem. About 140 people were aboard the flight. Airport officials said the plane landed safely and the passengers were taken back to the terminal. Maintenance crews were examining the plane.
Two masked suspects held up the Hendricks County Bank and Trust branch Monday morning in Avon, prompting a lockdown of the nearby Kingsway Christian School. Police say the suspects fled the scene at 963 North State Road 267 in a stolen van, which they ditched. Police were using dogs to try to track the suspects.
A 19-year-old Indianapolis man was shot to death early Monday at the Warren Harbor apartment complex, near East 21st Street and North Post Road. Police discovered the body of Connor Lee in a hallway shortly after being called to the scene about 12:40 a.m. Police say they have a witness to the shooting, but no suspect in custody.
