On my way into work the other day, I heard an analyst on Bloomberg Radio say he was surprised at the poor performance of the parent company of Airbus, EADS. He said he was ready for a slight earnings miss, but to fall on its face as much as it did, well, that shocked him. What shocked me was how anyone put faith in a giant conglomerate pretty much run by the French government and a few other half-baked socialist…
Since the mid-1990s, cities have been trying to take advantage of a captive audience by incorporating major public art installations into airport expansion projects. Long before Indianapolis began forging an ambitious public arts plan for its midfield terminal project, airports in Miami, Denver and Washington, D.C., commissioned millions of dollars’ worth of statues, mosaics and fountains. Smaller airports, such as Austin-Bergstrom International in Texas, which is on par with Indianapolis in terms of passenger counts, also have latched onto the…
Two new hotel brands coming to central Indiana will introduce a trend that’s hot nationwide—so-called “lifestyle” lodging offering an upscale feel at an affordable price. Hotels geared toward younger travelers account for 50,000 new rooms nationwide, said Rob Hunden, a hospitality consultant with Chicago-based Hunden Strategic Partners. That’s just 1 percent of the 4.5 million […]
County health inspectors have hardly blown the door down on huffers and puffers a year into the city’s smoking ordinance.
The Marion County Health Department took 209 complaints and issued citations against only nine businesses for fines totaling
$1,000 during the first year of the law.
Two new hotel brands coming to central Indiana will introduce a trend that’s hot nationwide-so-called “lifestyle” lodging offering an upscale feel at an affordable price. Hotels geared toward younger travelers account for 50,000 new rooms nationwide, said Rob Hunden, a hospitality consultant with Chicago-based Hunden Strategic Partners. That’s just 1 percent of the 4.5 million hotel rooms in the United States, but the numbers are growing fast. Locally, two area AmeriSuites hotels will be converted to Hyatt Places and InterContinental…
PROFILE ELIZABETH HAHN ELLIS Love of sports, organization really ‘peying’ off Foundation director coordinates philanthropic moves for Colts quarterback Peyton Manning There’s hardly a Hoosier today who hasn’t heard of Peyton Manning and his amazing plays on the field. But quietly coordinating the philanthropic plays behind the scenes for Manning’s PeyBack Foundation is Indianapolis native Elizabeth Hahn Ellis. As executive director of the 7-year-old charitable foundation, Ellis, 36, deftly fields requests from not-forprofit organizations seeking grants, contributions from individuals and…
Don’t rest the chopsticks on your food. Don’t blow your nose during the meal and never pour the soy sauce on your rice. These and other tidbits of Japanese dining etiquette had to be digested before our first trade mission to Japan in 2005. That 74-person mission, led by Gov. Mitch Daniels, was the largest delegation of Indiana business leaders and state and local officials ever on foreign shores. Indiana is the No. 1 manufacturing state in the union. More…
Indiana University Kelley School of Business students will market and sell five lots along a strip of white sandy beach on
secluded Dog Island, Fla., as a class project that likely will span
several semesters. Whatever the students get for the land will be all profit.
Not only did airport tenant FedEx cancel its order for the cargo version of the “superjumbo” last November, but no other carriers have indicated they’ll likely use the super-jumbo here, said airport Director Patrick Dooley. Nor, Dooley added, is there a compelling case to be made for taxiway upgrades merely as a contingency for A380’s being diverted here occasionally from Chicago’s O’Hare International or other airports. So managers are removing all references to the A380 in a long-range airport plan…
Feb. 4, 2007, will be a day fondly remembered in Indianapolis for generations to come. It was the day the Indianapolis Colts emerged victorious from Super Bowl XLI. The Super Bowl media exposure, combined with the city’s proud history of organizing and hosting some of the world’s largest sporting events, should position us well to serve as host for the 2011 Super Bowl. Already, a host committee has been formed and seed funds committed. The General Assembly has passed legislation…
Entering her third year as Ball State University’s president, Jo Ann Gora has earned a reputation in business and political
circles as a shrewd, aggressive ambassador for the 19,500-student university. And by all measures, she’s just gotten started.
The Indianapolis Airport Authority has tapped Mansur Real Estate Services Inc. to develop a $50 million-plus Westin hotel
at the new midfield terminal. But the hotel’s final design may be one submitted by a former competitor, White Lodging Corp.
of South Bend.
It was late 2005 when attorney Jonathan Polak received a phone call that ultimately launched an unprecedented legal strategy to force the evasive O.J. Simpson to start paying off his $33.5 million wrongful death civil judgment. Polak, 38, who chairs the intellectual property practice group at Indianapolisbased law firm Sommer Barnard PC, was awaiting a flight at John F. Kennedy International Airport in New York City when the call came in from Karl Manders. Manders, 55, owns Indianapolis-based Continental Express…
In the Democrats’ field of potential candidates to unseat Gov. Mitch Daniels, there are few household names. That’s why they’re
preparing to spend the next 19 months introducing you to Jim Schellinger.
Marvin Miller is representing a landowner trying to sell 125 acres just north of Indianapolis International Airport. But Miller
wants him to give away some of the property to persuade California-based Lucas Oil to move its headquarters there, jump-starting
the stagnant area in the process.
Evansville Regional Airport plans to ask US Airways Inc. to resume flights to Indianapolis six years after the Tempe, Ariz., carrier pulled back in the wake of the 2001 terrorist attacks. Airport Manager Nelson Bailes also hopes to persuade the airline to fly between Indianapolis and South Bend, according to the Evansville Courier & Press […]
T h e m a n a g e – ment team at Duke Realty Corp. is proving itself adept at juggling these days. The Indianapolis-based industrial, office and retail developer wowed Wall Street with a 25-percent increase in fourth-quarter funds from operations, a key measure of performance for Duke and other real estate investment trusts. The company received a lift, in part, from a spate of property sales. But the solid results weren’t an aberration for the relatively low-profile…
On Feb. 20, Plainfield-based cell phone distributor Brightpoint Inc. announced a blockbuster deal to buy Dangaard, its largest
European rival, for $308 million, a reversal of fortunes from five years ago between the competitors.
Indianapolis airport officials are considering building a smaller version of FedEx’s 2-million-square-foot hub here, one
that could accommodate several cargo carriers from around the globe. The “international air cargo facility” could be up to
several hundred thousand square feet large and could cost tens of millions of dollars to build.
Until now, gaining entrance into the exclusive nine-hole golf course built on 40 acres next to the Indianapolis Metropolitan
Airport in Fishers was as difficult as a commoner scoring an invitation to a royal palace. But admittance to Balmoral is loosening–a
little.
