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When it comes to LEED, Indiana trailing: But area designers, contractors see green progress

September 3, 2007

No environmentalist would mistake Indianapolis for the poster child of green building, but local designers and contractors are preparing themselves to capture a market they expect will become an integral piece of their portfolios. The Leadership in Energy and Environmental Design standard, better known as LEED, is a benchmark of sorts for designing, building and operating environmentally friendly buildings. At least 16 projects in the metropolitan area are seeking the LEED certification, but only one so far has achieved green…

Ex-banker creates empire by buying, boosting sleepy businesses

September 3, 2007

Riverside Manufacturing was a sleepy New Castle firm with $5 million in sales when Fred Merritt bought it to try his hand
at running a company. Five years later, Riverside’s sales have grown a whopping 800 percent, it dominates its industry, and
Merritt, 39, is ready to work his magic on an Indianapolis company.

Displaced older workers abandon hopes of landing similar work

September 3, 2007

A growing percentage of men and women nationwide are reaching a career crossroads at a time when most would hope to have it
made. Almost a quarter of the 3.8 million Americans displaced from their jobs from 2003-2005 were 55 or older, according to
the U.S. Bureau of Labor Statistics, up from 21 percent in the prior three years.

VOICES FROM THE INDUSTRY: Greener Indianapolis buildings could be within reach

August 13, 2007

In case you’ve missed it, energy dependence and environmental preservation are among the most pressing issues here at home and around the globe. The issue is forcing all of us to take a hard look at nearly every aspect of how we live. This self examination of sorts, extends point on building costs can sometimes move as a strategy to draw down life-cycle costs. Typically the increased front-end investment can be recovered within a relatively short period. In order to…

Inventory tax repeal still being hailed as good decision: Amid rising property taxes, economic development officials and brokers say taxing inventory was bad policy

August 13, 2007

With the state in an uproar over soaring property taxes, some have wondered whether phasing out Indiana’s business inventory tax was a good idea. The phase-out process began in 2002 before completely eliminating the inventory tax this year, taking with it roughly $380 million in tax revenue shared annually by local governments. Supporters of the move insist lawmakers made the right decision. And they say Indiana has become more attractive to business as a result. Marion County property-tax bills were…

WellPoint aims for Hispanic market

August 6, 2007

A team inside WellPoint Inc. that created a successful product for the 20-somethings is hard at work trying to create a similar
winner among Hispanics. A roughly 25-person team has researched Hispanics for two years and now is using its findings to establish
a separate brand name, a new Web site and grass-roots techniques to reach Hispanics.

Marian College plans new dorm

July 30, 2007

Marian College is about to add its first new student housing in more than 40 years. Construction is set to begin this summer on a 78-rooms, 144-bed residence hall, designed by…

Pampering is part of Columbia Club’s turnaround plan

July 30, 2007

The son and grandson of hotel managers, Maarten van Wijk became general manager of the historic-but-ailing 2,000-member Columbia
Club in May. His first priority is to polish the venerable private club’s tarnished quality standards to a lustrous sheen.

Pan Am buyer to raze rinks

July 30, 2007

A Texas firm has agreed to buy Pan Am Plaza’s 12-story office building and skating rinks and is planning to replace the rinks
with a more-than-$50-million restaurant and retail development.

New kind of high school pairs projects, technology: Educators hope approach boosts graduation rates

July 30, 2007

Students at three new Indiana high schools this fall are going to learn the California way. No, they won’t be holding classes on the beach. They’ll use technology and a project-oriented curriculum to learn about math, science and history, plus gain 21st century skills business leaders say today’s work force needs. The New Technology High School model, which began in Napa Valley, Calif., in 1996, will launch in Indiana this fall with New Tech High at Arsenal Tech, New Tech…

Airport prepared to fly solo after departure of BAA

July 23, 2007

The Indianapolis Airport Authority’s management contract with British firm BAA unceremoniously expired July 15, and authority
officials taking the helm for the first time since 1995 say they’re confident they are prepared to continue to innovate as
they prepare to open a new terminal.

SPORTS: Tennis tourney healthy but needs a new home

July 16, 2007

A significant Indianapolis sporting event with international appeal is preparing to celebrate its 100th anniversary in 2011. The Indianapolis 500? Well, yes, that too. Far less-wellknown and recognized is that the origins of elite-level competitive tennis in Indianapolis also date back to just after the turn of the century … the last century, that is. Records show that the Western Tennis Championships, which led to the U.S. Clay Court Championships, which led to the U.S. Hardcourt Tennis Championships, which led…

Huge intermodal hub said to have land, financing

July 9, 2007

A backer of a 3,000-acre intermodal shipping hub planned for LaPorte County in northwest Indiana says he has the land under contract and as much as $2 billion in financing lined up to proceed. All that’s needed, Chris Davey told the Post-Tribune of Merrillville, are commitments from railroad companies that they would use the facility. […]

Snyder crams for job as Ivy Tech president

July 9, 2007

In the three months since being named president of Ivy Tech Community College, Tom Snyder
has read up on the school’s history and held meetings with 4,000 faculty, students and others to gain insight into the school.
He’s also made decisions about hiring, cost-cutting and student services.

Legislators to look at mass transit’s potential: Review is timely for backers of a northeast transit line

July 2, 2007

If a downtown-to-Fishers mass transit system ever happens, its first stop-figuratively, at least-will be at the Statehouse. There, at least one legislator could be influential in getting the state’s help toward building a system that could cost upwards of $1.5 billion, depending on the type of transit vehicle used. Rep. Terri J. Austin, D-Anderson, who chairs the House Roads and Transportation Committee, plans to convene a summer study committee in August that will look at the state’s future in mass…

NEWS UPDATE: Essentials intact in convention center plan

June 25, 2007

Indianapolis-based Ratio Architects today unveiled final plans for a 420,000-square-foot expansion of the Indiana Convention Center. Among the details: 254,000 square feet of additional exhibit space, 63,000 square feet of meeting rooms, a new banquet kitchen and 100,000 square feet of so-called “pre-function space”-including three-story entry pavilion planned for the intersection of Capitol Avenue and […]

Star Financial is betting big on Indianapolis: Fort Wayne bank plans hub office, 4 new branches

June 11, 2007

Undeterred by stepped-up competition and tough margins, Fort Wayne-based Star Financial Bank is building an Indianapolis regional hub and has lined up land for four new locations. The privately held bank launched an Indianapolis-area expansion effort in 2001, and now has seven offices here-including three in Fishers, one in Carmel and one in Noblesville. The latest expansion salvo includes 25,000 square feet of leased space within an office building under construction at Keystone at the Crossing, next door to the…

Surge in ethanol plants means transit adjustments: Study predicts increasing truck traffic, road issues

June 11, 2007

The road Indiana is traveling to help the nation reduce its dependence on foreign oil could be in for a bumpier ride than even the worst Hoosier highways. Indiana is at the epicenter of the renewable fuels movement and has provided economic incentives for the construction of a dozen new ethanol plants, four of which should be operating by the end of the year. Annually, the 380 million bushels of corn that will be used to make more than 1…

New Glick exec puts expansion on agenda

May 28, 2007

It can be intimidating to be tapped by a legend and charged with growing one of central Indiana’s best-known companies. But
David Barrett, three weeks into his role as executive vice president of Gene B. Glick Co. and less than half the age of its
still-working founder, says he isn’t the least bit nervous.

VOICES FROM THE INDUSTRY: Infrastructure is costly to improve, but costlier to ignore

May 21, 2007

A recent article in Strategy+business magazine estimated that “the world’s urban infrastructure needs a $41 trillion makeover” between now and 2030. The article explained that $41 trillion is roughly equivalent to the “2006 market capitalization of all shares held in all stock markets in the world.” Some experts think that “new technology” will be the answer, and it may be when nanotechnology takes over the world. For now, however, the trend usually reinforces the trend, and we do the same…

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Articles

When it comes to LEED, Indiana trailing: But area designers, contractors see green progress

Ex-banker creates empire by buying, boosting sleepy businesses

Displaced older workers abandon hopes of landing similar work

VOICES FROM THE INDUSTRY: Greener Indianapolis buildings could be within reach

Inventory tax repeal still being hailed as good decision: Amid rising property taxes, economic development officials and brokers say taxing inventory was bad policy

WellPoint aims for Hispanic market

Marian College plans new dorm

Pampering is part of Columbia Club’s turnaround plan

Pan Am buyer to raze rinks

New kind of high school pairs projects, technology: Educators hope approach boosts graduation rates

Airport prepared to fly solo after departure of BAA

SPORTS: Tennis tourney healthy but needs a new home

Huge intermodal hub said to have land, financing

Snyder crams for job as Ivy Tech president

Legislators to look at mass transit’s potential: Review is timely for backers of a northeast transit line

NEWS UPDATE: Essentials intact in convention center plan

Star Financial is betting big on Indianapolis: Fort Wayne bank plans hub office, 4 new branches

Surge in ethanol plants means transit adjustments: Study predicts increasing truck traffic, road issues

New Glick exec puts expansion on agenda

VOICES FROM THE INDUSTRY: Infrastructure is costly to improve, but costlier to ignore