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Anderson apartments rescued by new owner-WEB ONLY

May 26, 2009

A 132-unit apartment complex in Anderson that became mired in an alleged $225 million Ponzi scheme last year has a new owner. Bloomfield, Ind.-based Renewing Properties LLC has purchased the Hilltop Apartments at 4529 Columbus Ave. for a “little below $2 million,” said George Tikijian of Tikijian Associates, which brokered the deal. The complex fell […]

The recession hits churches

May 26, 2009

Churches, which tend to ride out recessions better than many other institutions, are struggling to finish
building projects, reporter Kathleen McLaughlin writes in this weekendâ??s IBJ.

The recession and stock market downturn have forced parishioners to scale back commitments,…

State lawmakers eye budget talks, contingency plan-WEB ONLY

May 26, 2009

The two words frame the biggest question of the special legislative session Indiana Gov. Mitch Daniels is expected to call next month: What if lawmakers don’t pass a budget by June 30, when the current two-year spending plan expires? The Daniels administration is taking a “don’t even go there” approach. But Sen. Luke Kenley (R-Noblesville) […]

You-review-it Mon./Tues.

May 25, 2009

So, was this a weekend of celebrity spotting (see previous post)? Maybe you included The Ohio Players downtown concert in your race plans, or caught one of the bands harmonizing with the engine roars at the Speedway.

Perhaps you got out…

Kansas firm eyes wind farm in northwest Indiana-WEB ONLY

May 25, 2009

A Kansas company has secured leases for about half the land it needs for a 200-turbine wind farm in northwest Indiana. TradeWind Energy has leased 10,000 acres for its LaCrosse Farms project in southwestern LaPorte County. The company has been measuring wind conditions from two towers in LaCrosse for eight months. It needs three years […]

Danica Patrick ad burns hot

May 25, 2009

Danica Patrick pushed the GoDaddy.com Web site to new heights during yesterday’s Indianapolis 500, according to officials for the domain name registry.

Web traffic spiked 163 percent during Sunday’s broadcast, as compared to last year’s, according to GoDaddy officials. Even more…

Are new, low-cost laptops good for business?

May 25, 2009

Today, there are some small “notebook” machines on the market that mock the high prices of their bigger siblings. These can be had for $200 to $400, and have enough features to make them real business tools if you’re not too demanding.

Kroger eyes Zionsville location

May 25, 2009

Kroger Co. is looking at land in Zionsville for a new store.

Candy store aims for sweet success

May 25, 2009

A focus on old-world quality with modern services and efficiency drives the owners of Simply Sweet Shoppe & Second Story Playhouse.

Led by educators instead of investment specialists, state teachers fund fell into $67M hole

May 25, 2009

The people overseeing the Indiana State Teachers Association Insurance Trust had no background in investments or insurance, likely leaving them ill-equipped to grasp the ever-larger amounts of complicated investments the trust was buying.

Lucas Oil, partner invest $2M to build Hendricks lube shop

May 25, 2009

Forrest Lucas is following through on plans to take his namesake brand of oil and fuel additives to the mass market.

IMA, $3 Bill, symphony and opera deliver drama, comedy, fine music

May 25, 2009

This week, challenging work at the IMA, an impressive operatic collaboration, and laugh-out-loud silliness.

Holiday a reminder of the value of public service

May 25, 2009

Many lament the loss of what might be called timeless values. I place these into two categories; both are exemplified and sustained by military service.

Panel handicaps market recovery chances

May 25, 2009

A panel of five veterans of real estate and construction provided industry insights at IBJ‘s Power Breakfast May
1 at the Westin Indianapolis.

Pay for diplomas is smart incentive

May 25, 2009

Incentives have long been used as an effective tool in business to improve employee performance. But can a concept that helps
companies motivate workers also work in public education?

In tough times, remember the arts as a civic duty

May 25, 2009

Attend arts events, visit our cultural organizations, and support our sports teams. If you don’t make regular donations to
arts and cultural organizations, there has never been a better and more important time to give.

Here’s a must-do checklist for personnel managers

May 25, 2009

If you are a human resources professional, now is an excellent time for you to assess the human resource function in your
company.

Project manager named for I-70 beautification

May 25, 2009

Cripe Architects and Engineers has been named lead consultant on a $2 million project to beautify five Interstate 70 interchanges.

Lauth granted reprieve

May 25, 2009

A judge has given Lauth Group Inc. a reprieve from an equity investor that is seeking to take control of most of the developer’s
properties.

DINING: Cobblestone Grill offers tasty lunch until 5

May 25, 2009

One of the pleasures—and there are numerous ones—of Zionsville’s Cobblestone Grill (160 S. Main St.,
Zionsville, 873-4745) is that its lunch menu is offered beyond the traditional midday-meal hours.

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