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Articles
CIB approves 2011 budget
Including debt obligations, the CIB’s total budget for 2011 is expected to be $104.4 million. The City-County Council is set
to receive the budget at its Sept. 20 meeting and could approve it Oct. 25.Potential of MotoGP weekend waiting to be unlocked
The economic impact of the MotorGP weekend is almost 20 percent of the entire Indiana Pacers season and more than 10 percent
of the Indianapolis Colts season. Not bad for an event the city puts almost nothing into. And it could be so much more.CIB’s 2011 budget slated to grow by $10 million
Capital Improvement Board president says initial $10 million payment to the Indiana Pacers is not only reason for the larger
budget. Rather, she insisted it’s largely due to $5 million in renovations slated for Conseco Fieldhouse and other CIB-operated
facilities.Centaur wins approval to sell Colorado casino
Luna Gaming Central City LLC is paying $7.5 million in cash plus a $2.5 million note, less adjustments. There were no competing
bids.BASILE: For an in-state outing, you can bank on Wabash
Instead of writing about some international location this time around,
I thought I’d rediscover something near home: Wabash, southwest of Fort Wayne.Banks still cautious on commercial real estate
Singed by the downturn, banks are winnowing real estate portfolios.
Conrad hotel’s Spa Chakra closes abruptly
Conrad General Manager Greg Tinsley says the hotel plans to reopen the high-end spa by Oct. 1, after receiving
notification Friday that it had closed.Closings roundup: Menards, Urban Element, Spa Chakra
Several restaurant and retail closings to report, including a big-box hardware store, a local restaurant chain and an upscale
spa.LOU’S VIEWS: Dancing to the classics
This week, Gregory Hancock Dance Theatre uses American lit as a launch pad; plus: books by local authors.
Closing of Loon Lake Lodge restaurant marks end of Laughner family era
Demise of Castleton eatery marks end of family’s 122-year run of owning restaurants here.
Casino operator Centaur aims to exit bankruptcy much leaner
Centaur plans to sell a casino west of Denver and a stalled casino development near Pittsburgh.
Laughners exit restaurant business after 122 years with Loon Lake Lodge closure
The Laughner family has closed the Loon Lake Lodge in Castleton, ending a 122-year run of operating restaurants in Indianapolis.
Museums struggle to capture foot traffic from busy Central Canal
Summer on the Central Canal is like a beachfront boardwalk, teeming with life. People push strollers, hold hands and walk
their dogs. There are boats and bikes and Segways for rent. And four museums are steps away from the water. Yet most of them
capture few of the passersby.New Jersey project enriched Simons
The battle over the estate of Melvin Simon has thrown a spotlight on a New Jersey development project that, by itself, has
made many Simon family members multi-millionaires.2012 Super Bowl, tainted or not, already paying off big
There's one main reason Indianapolis was chosen by the Big Ten to host its inaugural football championship game over a
handful of other cities that were clamoring to host the event.Browning pulls out of Evansville hotel redevelopment
Indianapolis-based Browning Investments plans to turn the former Executive Inn back over to the city after being unable to
arrange financing for the project.ICVA does assist bed-and-breakfasts
As the owners and innkeepers of Nestle Inn B&B downtown for the past 11 years, we were perplexed by your investigative
report [in the Aug. 2 Focus], “Overshadowed and underappreciated?”
