New IPS teacher contract includes performance bonuses
Under the pact approved by the school board Tuesday, teachers who were rated “effective” last fall can earn a $1,500 one-time bonus.
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Angie’s List to pay $2.8M in membership-fee settlement
The settlement stems from a 2012 lawsuit alleging that the consumer-reviews firm renewed members at a higher rate than they were led to believe.
Council Dems say they’re pushing preschool debate into 2016
City-County Council President Maggie Lewis and Vice President John Barth said children could be served next year by the state’s much smaller pilot program, which will reach nearly 800 economically disadvantaged four-year-olds in Marion County.
Prolific Fletcher Place developer tackling another project
Demand for office space in the neighborhood is driving Deylen Realty’s $1.2 million redevelopment of a building on South College Avenue that originally housed a bowling alley.
Obamacare enrollment at 7.3 million people, official says
That’s a 9-percent reduction from the government’s May estimate of 8 million, which reflected only how many people had signed up, not how many had paid and were enrolled in the coverage.
Lean years loom for Capital Improvement Board
The Capital Improvement Board is headed for lean years, but it’s not for a lack of resources. The entity that oversees downtown convention and sports venues faces payment of two big debts.
Skjodt plotting $25 million sports complex
Paul Skjodt, owner of the now-dormant Indiana Ice hockey team, has secured an option on 92 acres in a busy northwest-side corridor for a $25 million multi-use sports complex.
Accolades all around as Allison owners exit
Private equity firms Carlyle Group and Onex Group fared well on their purchase of Indianapolis-based Allison Transmission, with the $763 million each put into the 2007 deal more than tripling in value.
Testosterone drugs need study on heart risks, FDA panel says
Drugmakers, including Eli Lilly and Co., should conduct new trials to assess the heart risks of testosterone therapies used by millions of men last year, advisers to U.S. regulators said.
ROBINSON: Downtown vacancies will plunge soon
Something’s happening in downtown Indianapolis that I’ve never seen in my 25 years as a commercial real estate broker here.
HOHMANN: Whatever happened to the fab 16 Tech?
Strong leadership is needed for the urban Indianapolis tech park to hit its high potential.
Prine, Birbiglia on A&E priority list for Sept. 18-24
Legendary singer-songwriter John Prine and comedian Mike Birbiglia among picks for this week.
Dems block funding for preschool plan as meeting erupts
The Indianapolis City-County Council’s finance committee voted to table funding for Mayor Greg Ballard’s $50 million preschool expansion plan and quickly adjourned a three-hour meeting Tuesday night despite protests.
Local mayors tout plan for Red Line transit route
The mayors of Indianapolis, Carmel, Westfield and Greenwood on Tuesday announced a potential plan and a timetable for The Red Line, a proposed rapid-transit all-electric bus route that would stretch 28 miles from Hamilton County to Johnson County.
FDA set to review testosterone-boosting drug usage
Testosterone supplements used last year by about 2.3 million men are spurring debates over how necessary and safe they may be, even as U.S. regulators consider approving a new product.
Simon spinoff plans $4.3B merger with Ohio mall firm
Washington Prime Group Inc. has agreed to buy Glimcher Realty Trust of Columbus, Ohio, in a deal valued at about $4.3 billion when including assumed debt. As part of the transaction, Simon Property Group will acquire two malls for $1.09 billion in cash.
People
Dr. Ingrid Mason, an internist, has been named vice chairwoman of the Office of the Chief Medical Officer, which oversees medical practice and quality at 22 hospitals around the state. She was previously president of the medical staff at St. Vincent Indianapolis Hospital. Mason earned a bachelor’s degree at Valparaiso University and received her medical degree from the Indiana University School of Medicine.
Dr. Lauren Ladd, a radiologist, has joined Eskenazi Health. She holds a bachelor’s in chemistry from Butler University and a medical degree from the IU School of Medicine.
Dr. Youssef Tahiri, a plastic surgeon, has joined Eskenazi Health. He earned his medical degree from McGill University in Quebec, Canada.
Dr. Peter Pang, an emergency physician, has joined Eskenazi Health. He received his bachelor’s from Brown University and his medical degree from the University of Texas-San Antonio.
Commercial Real Estate Power Breakfast transcript
Indianapolis Business Journal gathered leaders in the state's commercial real estate and construction industry for a Power Breakfast panel discussion Sept. 13.
Among the topics the panel discussed were the factors driving downtown growth, which types of office space are in demand, the types of projects being built, and how the industrial sector has sustained its strength.Year wait expected for start of Wigwam work
The developer taking over Anderson's Wigwam gymnasium is expecting to start work at the complex in about a year. The group plans to convert part of the complex into 55 multifamily housing units while maintaining the gym.