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Merry Realty Inc.: Big plans for small firm Real estate agency tries to win business by teaching buyers rules of the game

November 21, 2005

Real estate agency tries to win business by teaching buyers rules of the game Large agencies may dominate the residential real estate game, but Indianapolis-based Merry Realty is trying to prove a small player still can make a big name for itself. For years, Merry Realty has focused its efforts on properties in Indianapolis, but it is rapidly expanding into a more diverse market, targeting booming areas like Hamilton County while staying loyal to its inner-city roots. Real estate broker…

SPORTS Bill Benner: Still haunted by the video clip that won’t go away

November 21, 2005

It was a year ago on a mid-November Friday night when we had settled into our easy chairs, watching on television as the Indiana Pacers were wrapping up an impressive and statementsending early-season victory over the Detroit Pistons in Auburn Hills, Mich. Then, of course, all hell broke loose and the franchise we had grown up with-indeed, all of the NBA-took a hit harder than any administered in the stands. In today’s mega-media world, few events in sports history have…

Higher stadium price looms: Hurricanes likely to blow up costs for construction projects

November 21, 2005

The Gulf Coast hurricanes may push construction costs sharply higher for several years, experts say, potentially adding millions of dollars in costs to the $625 million football stadium as well as other public projects in their early stages. “Even a 1-percent cost increase on a project like [the stadium] is significant, and the effects from these hurricanes is likely to be higher than that,” said Patrick Barkey, an economist and director of economic and policy studies at the Miller College…

BEHIND THE NEWS: After bout of indigestion, Galyan’s buyer on the rebound

November 28, 2005

Just in time for Christmas, Dick’s Sporting Goods Inc. finally has its arms around its biggest acquisition ever, last year’s $305 million purchase of Galyan’s Trading Co., the 48-store chain that was based in Plainfield. Pittsburgh-based Dick’s rattled investors in August, reporting Galyan’s stores had posted disappointing sales after adopting the Dick’s moniker and store merchandise. In a single day of trading, Dick’s shares plunged $6.33, or 16 percent, to close at $32.90. In the ensuing weeks, investors continued to…

WestClay moves retail to the fringe: Brenwick modifies commercial part of plan

November 28, 2005

As land is cleared for the final major sections of Carmel’s Village of WestClay, the developer of the Indianapolis area’s most-heralded example of new urbanism is discovering an age-old truth: Plans change. WestClay Uptown and the West Village, as they will be called, represent major changes to Brenwick Development’s plan and reflect changing demand from inside and outside the borders of the 686-acre development. Staying are WestClay’s guiding concepts-a mammoth subdivision designed in the style of a 19th century village…

EYE ON THE PIE: Growth disparity challenges Indiana

November 28, 2005

But to understand, we need to do some work, to dig into some numbers. How is Indiana’s economy doing? In May 2000, we had 3.01 million jobs in the state, an all-time high, according to the Indiana Department of Work Force Development. This number bottomed out in July 2003 at 2.89 million (a loss of 4.3 percent). This September, we had 2.97 million jobs, so we had regained 65 percent of what we had lost. But we are still 45,000…

Health care: big problem for small business: Wyoming lawmaker’s proposed legislation could end 10-year Senate impasse on controversial solution

November 28, 2005

More than 45 million Americans lack health insurance. And more than half of them are employed or dependent on someone who works for a small business, according to the National Federation of Independent Business. It’s a big problem-especially in Indiana. Between 2000 and 2004, 5.6 percent of Hoosier workers lost employer-provided health care, according to the Economic Policy Institute. That’s a higher percentage than any state except Wisconsin. Legislation just introduced in Congress by Wyoming Sen. Michael Enzi, however, may…

SPORTS: Final Four director takes readers on inspiring ride

November 28, 2005

For six years, he was a part-time resident of our city. Believe me when I say Indianapolis was full-time better for it. Not many folks here know this fellow named Bill Hancock, or the integral behindthe-scenes role he has played in the NCAA’s staging of its showcase event, the men’s basketball tournament and the Final Four. I’ll sum it up this way: The NCAA’s tournament manual is about 4 inches thick. Hancock, who served as the tournament director, could quote…

Plan to let affiliate use gas field sparks opposition: Citizens Gas industrial customers say recent hurricanes show potential for supply disruption, price spikes

November 28, 2005

Big manufacturers have asked regulators to reconsider allowing an unregulated affiliate of Citizens Gas & Coke Utility to use the Indianapolis utility’s Greene County gas storage facility. General Motors Corp., Reilly Industries and Rolls-Royce Corp. warn that Citizens Gas & Coke Utility’s supply of gas it buys during warm-weather months could be at risk if gas marketing firm Pro-Liance Energy LLC is allowed to control the underground gas storage field. ProLiance sells natural gas to utilities and large-volume gas customers…

Clarian nabs UAC building: Hospital network wins bid for former corporate headquarters

December 5, 2005

Clarian Health Partners is polishing a deal to buy the former Union Acceptance Corp. headquarters on North Shadeland Avenue, a move that plants a large footprint for the burgeoning hospital network squarely in a competitor’s east-side back yard. Clarian made the winning bid for the 126,000-square-foot building at a Nov. 15 auction, but the sale had not closed as of Nov. 30, said Bob Getts of Colliers Turley Martin Tucker, which ran the auction. He referred all questions to Clarian….

Water treaty on tap: Mediated agreement calls for Carmel to pay Indy $36.2M

December 5, 2005

Carmel and its big-city neighbor to the south have a truce in hand to end a 3-1/2-year war over what Carmel will pay to buy Indianapolis-owned water distribution lines serving 6,000 customers in the Hamilton County community. The proposed purchase price: $36.2 million, according to documents recently filed with state regulators. Carmel officials say the deal eventually should improve water pressure and lower fire insurance rates, and make it easier to plan for growth. It also would give affected residents…

Telepoint Voice and Data Systems: Phone-tech firm aims to answer all clients’ calls Company rebounding after Y2K-related downturn 379 587 474 599366 605 475 616Address: 3912 Pendleton Way Phone: 545-6900 Web site: www.telepoint.comE-mail: bboyd@telepoint.

December 5, 2005

Address: 3912 Pendleton Way Phone: 545-6900 Web site: www.telepoint.comE-mail: [email protected]: 1987 Founder: Bruce Boyd Owner: Bruce Boyd and Larry Shinn Service/product: business telephone systems and computer networks, sales and service Employees: eight Revenue (2004): $1.2 million One-year goal: increase customer base 20 percent Industry outlook: Looks good, with the deployment of voice-over-Internet-protocol technology and voice-data conversions. one-room office in Castleton and three employees. The business plan called for two of them to make 50 cold calls a day, while the…

Under pressure?: Largest outside shareholder could be pushing Marsh to find buyer

December 5, 2005

Marsh Supermarkets Inc.’s decision to seek a buyer might not have been made within the company’s Indianapolis headquarters. It might have come from 115 miles away in Cincinnati. That’s home base for the c o m p a ny ‘s largest outside shareholder, A m e r i c a n Financial Group Inc., an insurer controlled by the family of billionaire tycoon Carl Lindner. A source knowledgeable about the discussions said AFG, a Marsh shareholder for more than two…

High risk could mean high payoff for ad agency: Young & Laramore eschews local, regional work to take aim at national targets

December 5, 2005

Locally based advertising agency Young & Laramore won another national account in November, and with the announcement unveiled a strategy to eschew local and regional work to shoot for the industry’s biggest targets. Minnesota-based Red Wing Shoe Co. chose Young & Laramore to help it launch a line of casual footwear targeted at a mainstream men’s and women’s market. The 100-year-old shoemaker has made a name for itself with its hiking, hunting and work boots. Though terms were not disclosed,…

Library cash crisis looming: Officials mull deep cuts, branch closings to balance books

December 12, 2005

After long delays, the city’s Central Library expansion should finally be finished by 2008. But to heat the building and keep its lights on, the Indianapolis-Marion County Public Library may have to shutter half a dozen of its 22 branches. IMCPL officials say the system faces dire financial woes. They project a $1 million shortfall in next year’s $36 million budget, and even bigger problems after that. By 2008, IMCPL expects to be short $6.3 million a year, or about…

MSA condo interest builds: With sales up, developer hopes to begin site work in January

December 12, 2005

Two months after unveiling a new name, new floor plans and a new sales center for their development, the team in charge of building condominiums on the former Market Square Arena site is reporting more success than the first time around. Reservations have been taken for two-thirds of the units that need to be sold before the developer can fund One Market Square, real estate agent Kurt Flock told the Metropolitan Development Commission Dec. 7. Market Square Partners is considering…

City, police union prepare for cop contract negotiations: FOP seeks 5 percent wage increase for IPD officers

December 12, 2005

Get ready for another round in local government’s most rancorous ongoing scuffle. The Indianapolis Police Department’s contract expires Dec. 31. The city and the police union are about to begin negotiations for a new agreement. Both sides sound optimistic about the chances for a smooth process. But that could quickly change when they get into the nitty-gritty of wage proposals and concessions. The parley over IPD’s last contract took two years. At its nadir, the Fraternal Order of Police endorsed…

EYE ON THE PIE: Security depends on flexibility, not stability

December 12, 2005

In one word, what do we want? I suggest that word is security, physical and financial security. We want to live without fear for our lives or our livelihoods. The atrocities of 9/11 made Americans more fearful about their physical security than they had been since the early days of World War II. Our economic condition feels insecure as jobs drift to other nations, as health care costs soar, and as both public and private pension plans are threatened. To…

Utility customers to receive millions of dollars in credits: Tentative agreement with PSI would settle disputes, compensate ratepayers for risks related to merger

December 12, 2005

PSI Energy Inc. has reached a preliminary settlement with the state’s utility consumer counselor on how its 750,000 Indiana ratepayers will fare under the merger of parent Cinergy Corp. with Duke Energy. Details of the agreement aren’t ready to be released, said Angeline Protogere, spokeswoman for the Plainfield-based utility. But filings both sides made last month with the Indiana Utility Regulatory Commission suggest that ratepayers could receive credits on their bills 21 percent greater than previously estimated by PSI. The…

Star’s weekly battles Nuvo for young readers: As Intake turns 2, independent tabloid fights on

December 12, 2005

Tracking the readership of a free newspaper is like trying to bottle a vapor. What’s not difficult to determine is advertisers’ desire to target young consumers. “Advertisers increasingly want that young, upwardly mobile audience,” said newspaper analyst John Morton. “And they’ll pay to be a part of a product that can deliver it.” Central Indiana’s two biggest newspapers aimed at readers with a strong interest in the city’s night life and only a fleeting concern about long-term savings plans have…

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Articles

Merry Realty Inc.: Big plans for small firm Real estate agency tries to win business by teaching buyers rules of the game

SPORTS Bill Benner: Still haunted by the video clip that won’t go away

Higher stadium price looms: Hurricanes likely to blow up costs for construction projects

BEHIND THE NEWS: After bout of indigestion, Galyan’s buyer on the rebound

WestClay moves retail to the fringe: Brenwick modifies commercial part of plan

EYE ON THE PIE: Growth disparity challenges Indiana

Health care: big problem for small business: Wyoming lawmaker’s proposed legislation could end 10-year Senate impasse on controversial solution

SPORTS: Final Four director takes readers on inspiring ride

Plan to let affiliate use gas field sparks opposition: Citizens Gas industrial customers say recent hurricanes show potential for supply disruption, price spikes

Clarian nabs UAC building: Hospital network wins bid for former corporate headquarters

Water treaty on tap: Mediated agreement calls for Carmel to pay Indy $36.2M

Telepoint Voice and Data Systems: Phone-tech firm aims to answer all clients’ calls Company rebounding after Y2K-related downturn 379 587 474 599366 605 475 616Address: 3912 Pendleton Way Phone: 545-6900 Web site: www.telepoint.comE-mail: bboyd@telepoint.

Under pressure?: Largest outside shareholder could be pushing Marsh to find buyer

High risk could mean high payoff for ad agency: Young & Laramore eschews local, regional work to take aim at national targets

Library cash crisis looming: Officials mull deep cuts, branch closings to balance books

MSA condo interest builds: With sales up, developer hopes to begin site work in January

City, police union prepare for cop contract negotiations: FOP seeks 5 percent wage increase for IPD officers

EYE ON THE PIE: Security depends on flexibility, not stability

Utility customers to receive millions of dollars in credits: Tentative agreement with PSI would settle disputes, compensate ratepayers for risks related to merger

Star’s weekly battles Nuvo for young readers: As Intake turns 2, independent tabloid fights on