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Urban malls improvise: Lafayette Square, others struggle in changing retail world

February 13, 2006

Lafayette Square Mall on the city’s northwest side has all the marks of a decaying urban mall: Most major national retailers have fled, a church occupies a former department store space, and the surrounding neighborhood has fallen out of favor among shoppers and businesses. But is the mall destined for a date with a bulldozer, as has happened with old malls in other cities? Not everyone thinks so. Lafayette Square still has good access from Interstate 65, apparently committed ownership…

Developer casts eye beyond downtown: New company led by Brian Knapp to look beyond condos in metro area

February 13, 2006

A former Simon Property Group Inc. executive known in recent years for downtown condominium developments is launching a new development company that puts him closer to his retail roots. Brian F. Knapp, president of Dinmont Development LLC, recently created Diverse Development Co. LLC to focus on real estate beyond downtown’s borders. He’ll continue to serve as Dinmont’s president at least until its current projects are completed. Those projects, both joint ventures with locally based Hearthview Residential Inc., are the 40-unit…

SPORTS: Time for Mike Davis to look himself in the mirror

February 20, 2006

“Why’s everybody always pickin’ on me?” – from the song “Charlie Brown,” by The Coasters I count myself among many, many Indiana University alumni, supporters and basketball fans in general who wanted to see Mike Davis succeed as the Hoosiers’ coach. I admired his demeanor, humility and honesty. I respected the incredibly difficult situation he inherited, first as the interim coach, then as the man designated to sustain IU’s tradition in the wake of Bob Knight’s firing. And certainly, no…

NOTIONS: Of battles, musicals: Let kids think for themselves

February 20, 2006

My son Zach was in town two weeks ago. He came to take photographs for a school newspaper story written by his twin brother, Austin. My sons’ words and images, published Feb. 10, told the tale of two recent graduates of their high school (Fort Wayne Homestead) who were entering the Marine Corps via a military processing center in Indianapolis. After finishing their story, Austin and Zach talked a lot about their close-up view of the USMC’s front gate: How…

Buckingham makes big plans for Carmel: Developer awaits OK on 116-acre urbanist development

February 20, 2006

The makeover of midtown Carmel, driven by the ambitious City Center master plan, could get a boost from a nearby development that could rival the project in scope. Local real-estate developer Buckingham Properties will present its proposal to the Carmel Plan Commission Feb. 21 to transform the 1960s-era Mohawk Hills apartment complex and its golf course into a modern urbanist neighborhood. The development, called Gramercy, could take a decade and hundreds of millions of dollars to complete. The 116-acre tract…

Development plans percolating in five urban corridors: East 10th Street, Fountain Square lead FOCUS pack

February 20, 2006

DataSmith Technologies owner James Smith started looking almost two years ago for a building to house his business, his home and possibly a revenue-generating tenant. What he ended up with was a dilapidated former bar on a struggling section of East 10th Street that had become a haven for vagrants. Smith took a chance on the building at 2032 E. 10th St., most recently home to Mustang Sally’s tavern, largely because of the involvement of the East 10th Street Civic…

New FBI facility: tough case to crack: Government struggling to find site to build field office for bureau

February 20, 2006

The highly-sought-after job of developing a new building for the FBI’s Indianapolis field office is still in play, but it’s hampered by the federal government’s inability to find a site for the building. A bevy of local and national developers are expected to throw their hats in the ring to develop the building, which the Government Services Agency says needs to be 110,000 square feet. For the winner, it would be a high-profile project and one of the more significant…

EYE ON THE PIE: David meets Goliath in Hendricks County

February 27, 2006

The people of Hendricks County are no more stupid, greedy or ignorant than folks most places. Now they have a chance to prove they are more intelligent, far-sighted and wise than most Hoosiers. Let’s set the scene. Hendricks County lies directly west of Marion County. You can take U.S. 36 straight west from Indianapolis to Avon and Danville. Or you can go out Interstate 70, past the Indianapolis airport, to Plainfield. Alternatively, Interstate 74 will take you to Brownsburg, Pittsboro…

Blog Boom: Newest Web craze becoming a key tool for business marketing, communications

February 27, 2006

Myles Brand needed a way for his organization to reach out to the public. It had to be direct and immediate and initiate an honest two-way discussion. Brand, NCAA president, chose an offbeat idea-albeit one with a growing following-to solve this age-old business problem. He gave the directive late last year for the NCAA to launch its first blog, an online presence that two years ago few corporate types understood, much less considered a viable means of communication. Now, the…

SPORTS: IU doesn’t have to hire from the ‘family,’ but it will

February 27, 2006

There will be no shortage of worthy successors to Mike Davis as the head basketball coach at I.U. Rick Majerus? I love Rick Majerus. He’s the absolute basketballjunkie with nothing like a wife, family or even a home to distract him from the job. He’s a tremendous motivator and strategist. But he’s also a guy who’s had heart problems and I worry if he could survive the stress-not from coaching, but from being within an hour’s drive of Iaria’s. Thad…

Open source gaining traction: Government departments, more businesses seek alternatives to Microsoft, others

February 27, 2006

The Indiana Department of Education’s effort to outfit high schools with computers is a costly endeavor for a state strapped for cash. But installing what is known as open-source software is softening the blow. As the name implies, open-source programming is available for users to study, modify and share freely-a sharp contrast to the proprietary software sold by behemoths such as Microsoft Corp. and Oracle. Expensive licensing fees associated with the proprietary software sent the Education Department looking for alternatives….

Tax laws provide flexibility-choose wisely:

February 27, 2006

When starting a business, entrepreneurs must make a multitude of decisions and research countless topics, from the demographics of the target market to the color scheme of the company logo. One of the most fundamental decisions demands careful analysis: choosing the legal form the company will take. Small-business owners have a great deal of flexibility in choosing a structure, but the decision could affect the tax burden imposed by the federal government. Consider three basic structures: proprietorship, partnership and corporation….

Clarian sizing up south side: Agreement with Morgan Hospital could lead to development projects in St. Francis’ back yard

February 27, 2006

The largest hospital network in Indianapolis will start stretching its reach once again next month, this time south of town, where it could challenge the dominance of St. Francis Hospital & Health Centers. Clarian Health Partners is embarking on a five-year development agreement with Martinsville’s Morgan Hospital & Medical Center that could place more building projects on Clarian’s already crowded construction agenda. The two systems plan to focus their relationship on improving patient care and research, but representatives of both…

Retail space coming to Fall Creek Place: Restaurants, coffee shops, bookstores planned

February 27, 2006

Wayne Ashford sat in his Fall Creek Place coffee shop-Tea’s Me CafÃ© & Gifts-during a recent lunch hour waiting for customers to show up. After six months in the neighborhood, he’s been “a little disappointed” at the foot traffic through his business at the corner of 22nd and Talbott streets. While the master-planned community has won accolades for its urban design, it has failed to generate revenue for smallbusiness owners like Ashford. That may change in a hurry. Three sizeable…

NOTIONS: Little ditty ’bout livin’ in the wake of dyin’

February 27, 2006

Several months ago, I broke bread with two editors of this esteemed journal. Over soup and salad, we concluded I’d said enough in this space of my bout with Grief. We figured you readers had grown weary of the topic, as had we. But Grief has a way of lingering. She shows up, unannounced, for cameos. As you stand at the shore, the wave of your future finally, joyfully rolling in and crashing ’round, Grief plays the undertow, luring you…

Labor tiff puts loan for stadium in limbo: NFL Players Association refusing to back $34 million as fight with owners drags on

February 27, 2006

A $34 million loan from the NFL that the Indianapolis Colts are counting on to fund part of their share of stadium construction could get sacked, at least temporarily, in an NFL labor dispute. Teams with pending stadium loans-including the Colts, Dallas Cowboys and New York Giants and Jets-hoped to get final approval of their loans at the March owners’ meeting. That is now in serious doubt, league sources said. NFL owners last June approved a $34 million loan for…

Know where to look for funding:

February 27, 2006

Conventional bank loans Banks provide conventional financing, evaluating loan requests against the socalled “five Cs” of credit. They must feel comfortable that borrowers have: capacity to repay the loan; capital of their own invested in the business; collateral to offer as a secondary source of loan repayment; creditworthiness, based on personal and business borrowing history; and character worthy of the bank’s trust. It’s in banks’ best interest to minimize risk. Loans are made only where the likelihood of being repaid…

EYE ON THE PIE: Major Moves elicits childish behavior

March 6, 2006

There are issues in Indiana other than the toll-road lease and building Interstate 69. Yet some people in the Legislature refuse to relinquish their roles as reactionaries. Example: Out of their minds with xenophobia (the fear of foreigners) the House insisted that toll booths display American flags. Why not require that all BP (British Petroleum) gas stations fly the American flag? How about giving a loyalty test to Mittal Steel, which owns a big chunk of assets in northwestern Indiana?…

SPORTS: It’s about more than hoops if Chicago gets tourneys

March 6, 2006

Our month of Much Madness has begun. Forty-one games in 33 days downtown. The Big Ten women’s and men’s tournaments (20 games). The IHSAA girls’ and boys’state finals (eight games). The National Association of Basketball Coaches All-Star Game on Final Four weekend. The NCAA Men’s Final Four (three games). And, interspersed throughout, nine Indiana Pacers home games. So what’s your pleasure? High school, college, pro? No matter the level, it is coming to Indianapolis in abundance. Quality and quantity, packaged…

Ticked off over tickets: NCAA plans to battle hospitality brokers during Final Four

March 6, 2006

The launch of The Tournament Club at this year’s men’s basketball Final Four in Indianapolis is the first shot across the bow of brokers, travel agents, hotel room resellers and others who’ve stepped in to meet the demand for hospitality packages the NCAA previously ignored. In December, the NCAA hired rEvolution, a Chicago-based sports marketing and media agency, to launch the association’s own hospitality package, including lower-level tickets, access to an exclusive hospitality area at the game venue, premium hotel…

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Articles

Urban malls improvise: Lafayette Square, others struggle in changing retail world

Developer casts eye beyond downtown: New company led by Brian Knapp to look beyond condos in metro area

SPORTS: Time for Mike Davis to look himself in the mirror

NOTIONS: Of battles, musicals: Let kids think for themselves

Buckingham makes big plans for Carmel: Developer awaits OK on 116-acre urbanist development

Development plans percolating in five urban corridors: East 10th Street, Fountain Square lead FOCUS pack

New FBI facility: tough case to crack: Government struggling to find site to build field office for bureau

EYE ON THE PIE: David meets Goliath in Hendricks County

Blog Boom: Newest Web craze becoming a key tool for business marketing, communications

SPORTS: IU doesn’t have to hire from the ‘family,’ but it will

Open source gaining traction: Government departments, more businesses seek alternatives to Microsoft, others

Tax laws provide flexibility-choose wisely:

Clarian sizing up south side: Agreement with Morgan Hospital could lead to development projects in St. Francis’ back yard

Retail space coming to Fall Creek Place: Restaurants, coffee shops, bookstores planned

NOTIONS: Little ditty ’bout livin’ in the wake of dyin’

Labor tiff puts loan for stadium in limbo: NFL Players Association refusing to back $34 million as fight with owners drags on

Know where to look for funding:

EYE ON THE PIE: Major Moves elicits childish behavior

SPORTS: It’s about more than hoops if Chicago gets tourneys

Ticked off over tickets: NCAA plans to battle hospitality brokers during Final Four