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Articles

Chicago mimicking Indy sports strategy

December 29, 2011

Tourism leaders in Chicago are launching an initiative some observers think is a direct shot at Indianapolis. In October, the Chicago Convention and Tourism Bureau formed its own sports commission and fed it $300,000 in startup cash.

BENNER: A lot more is in store in 2012 than just the Super Bowl

December 29, 2011

Just a warning: Even if we catch a week of sunny skies and temps in the 40s, some will be unhappy.

Downtown restaurants planning for crowds

December 28, 2011

Pretty much every eatery in town will be packed from Jan. 27 to Feb. 5. However, with luck, a little savvy and some expert advice, it’s still possible to find a short-notice, sit-down meal.

Retailers to offer football fans unusual merchandise

December 28, 2011

It’s common for retailers in Super Bowl host cities to bring in a special cache of goods not usually sold in the market.

Plan ahead for downtown traffic, parking

December 28, 2011

Will there be enough parking available to accommodate the flood of Super Bowl visitors and—perhaps more important—will downtown commuters still have access to their usual spaces?

Top 2011 news and newsmakers

December 27, 2011

The economy may be stuck in the doldrums, but government and the private sector are continuing to make huge investments aimed at strengthening the region's future. Check out IBJ‘s complete year-in-review coverage, including a photo gallery, reader poll and A&E recap.

YMCA revamps fundraising strategy for Pike Township

December 23, 2011

YMCA of Greater Indianapolis officials have started a $40 million fundraising campaign that will be used to fund three more local locations, including a much-delayed $10 million facility in Pike Township.

Progress slow on variety of metro area deals

December 22, 2011

Many projects we reported on here over the past year are still in progress, confirming that the real estate market is still sluggish.

Indictment: Durham looted Fair Finance

December 22, 2011

Indianapolis financier Tim Durham was indicted on wire and securities fraud charges in March—the culmination of a federal probe that began in 2009.

State’s economy still stuck in neutral

December 22, 2011

The year started with a sense that slowly—not fast enough for anyone’s liking—but steadily, Indiana’s economy was coming back. But then a spike in gas prices and the never-ending sovereign debt crisis in Europe created a summer of setbacks.

Patent expirations up pressure on Lilly

December 22, 2011

Eli Lilly and Co. lost patent protection on its $5-billion-a-year best-seller Zyprexa in October, plunging the company into the long-awaited zone of uncertainty that it calls “Years YZ.”

Las Vegas calamity saps IndyCar momentum

December 22, 2011

IndyCar Series CEO Randy Bernard racked up a number of accomplishments early in 2011 but was buffeted by challenges late in the year—most notably a crash at a Las Vegas race in October that left one driver dead and the future of the series mired in uncertainty.

Openings launch new era for Indianapolis tourism

December 22, 2011

The $275 million Indiana Convention Center expansion was completed in January, and the 1,005-room JW Marriott opened the following month.

Rolls-Royce relocates 2,500 jobs to downtown

December 22, 2011

The aircraft-engine maker will occupy Eli Lilly and Co.’s former Faris Campus on South Meridian Street, which is being renamed the Rolls-Royce Meridian Center.

Spate of Indiana firms lines up for IPOs

December 22, 2011

The highest-profile Hoosier initial public offering was staged by Angie’s List Inc., the online provider of consumer reviews. The Indianapolis-based company raised $76 million by selling new shares, and existing stockholders raked in another $31 million by selling some of their holdings.

Far-flung areas court Super Bowl spending

December 22, 2011

Downtown will be the focal point of Super Bowl XLVI, but communities from Zionsville to Columbus are aggressively pursuing some of the money visitors are expected to shower on the region.

Real estate meltdown leaves developers reeling

December 22, 2011

It was another rough year for the real estate sector in 2011, as the homebuilder Estridge filed for bankruptcy, strip-center specialist Broadbent struggled to hold onto its headquarters, and Centre Properties faced a $43 million foreclosure suit.

2011 NEWSMAKER: Eugene White in crosshairs as reformers target IPS

December 22, 2011

There’s a pitched battle under way in K-12 education as reform advocates and charter schools challenge traditional institutions such as teachers’ unions and education schools.

GOP-controlled Legislature overhauls K-12 education

December 22, 2011

This year saw the most sweeping changes to public education since the approval of teachers’ unions in 1973.

Records – Dec. 26, 2011

December 22, 2011

Records listings from the Dec. 26, 2011, issue of IBJ.

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