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Articles

Company news

September 28, 2010

Indianapolis-based Adult and Child Center won $2 million from the federal Substance Abuse and Mental Health Services Administration to improve access to primary care for Americans with serious mental illnesses. Such patients die, on average, 25 years earlier than those without such conditions, according to a 2006 report by the National Association of State Mental Health Program Directors. During the four-year project, Adult and Child will have a primary-care physician and nurse care coordinator available to patients at its mental health center. The medical staff will try to address patients with mental illnesses who also suffer from chronic diseases, such as diabetes, heart disease and obesity.

A $1.9 million federal stimulus grant will enable the Indiana University School of Medicine's department of family medicine to add two residents a year in the Lafayette area. IU’s family medicine residency program currently accepts 10 doctors annually for post-med-school training as family physicians. The grant will enable the program to add two residency slots in collaboration with Clarian Arnett Health, St. Elizabeth Regional Health and Riggs Community Health Center in Lafayette. IU med school officials hope graduates of the residency program will set up medical practices in and around Lafayette, which like much of Indiana has a shortage of primary-care physicians. The expansion of the residency program will be effective in July 2011.

Lilly Endowment Inc. gave $4 million to Indiana University to help address ethical, legal and social issues involved in the growing sharing and study of health information. IU will create the Center for Law, Ethics and Applied Research in Health Information (CLEAR Health Information). The center also will partner with government, industry and not-for-profit groups in an effort to increase reliability and trust in the use of health information.

Columbus Regional Hospital is suing the Federal Emergency Management Agency to recover $17.1 million in federal funds the hospital claims it is owed due to damages caused by a massive flood. The June 2008 flood, designated a federal disaster, caused $167 million in damages and business-income losses to the hospital, which did not fully reopen until nearly five months later. The suit, filed Sept. 15 in U.S. District Court in Indianapolis, accuses FEMA of violating federal regulations, negligence and misrepresentation for failing to pay the full amount the hospital says it is owed. The flooding from nearby Haw Creek filled the hospital’s basement to the 12-foot ceiling and partially submerged the first floor. Key medical equipment destroyed by the flood included radiology scanners, radiography and fluoroscopy systems, ultrasounds, cardiac-catherization labs, biopsy tables and biochemical analyzers.

Rules mostly falling WellPoint’s way

September 28, 2010

Health insurers won fairly broad leeway under key rules suggested by state insurance commissioners that will govern what kinds of expenses count toward meeting a new federal threshold to spend at least 80 percent of premiums dollars on medical care.

Local firm lands $50 million Coast Guard account

September 28, 2010

Indianapolis-based technology firm Communications Products Inc. scores its second big government contract in nine months.

Dolce hotel, YMCA part of city-funded ‘North of South’ development

September 27, 2010

The city plans to issue bonds and use tax-increment financing to fund the $150M project, which also will include 320 high-end apartments and 40,000 square feet of retail space. Construction should begin this year.

Southwest Airlines to buy AirTran for $1.4B

September 27, 2010

Dallas-based Southwest Airlines would bump Delta Air Lines from top carrier spot at Indianapolis International Airport when it acquires Orlando-based-based AirTran in a deal announced Monday. Southwest/AirTran would have about 33 percent of the Indianapolis market, airport officials said.

Art museum replaces gallery guards with students

September 27, 2010

The Indianapolis Museum of Art fired 56 gallery attendants Monday morning and will replace them with 100 IUPUI students on a federal work-study program. IMA also will employ 14 reserve police officers to patrol its campus.

$150M ‘North of South’ project moving ahead

September 27, 2010

Officials are announcing details of an ambitious downtown development planned for 10 acres Eli Lilly and Co. owns near its Indianapolis headquarters. The project will include a hotel, apartments, restaurants and retail space and a YMCA.

JW Marriott already sold 100,000 rooms

September 23, 2010

It doesn’t open until Feb. 4, but downtown’s JW Marriott hotel has already booked 100,000 room nights for 2011—more than any other local hotel—an achievement drawing both praise and concern from others in the hospitality industry.

Veteran local ad exec Pearson lands on his feet after closing firm

September 23, 2010

After industry “paradigm shift,” the man behind some of the city’s most memorable campaigns is working for a small agency.

Developer seeks rezoning for Canal apartments

September 23, 2010

The city’s Division of Planning was set to hear a request Thursday afternoon by Valparaiso-based Investment Property Advisors LLC to rezone property near the Central Canal for a 150-unit apartment complex.

EnerDel parent nets $20M from Russian investor

September 23, 2010

New York-based Ener1 didn't disclose how it will use the funds coming from Ener1 Group Inc., a company led by Russian industrialist Boris Zingarevich.

Indiana Convention Center might need yet another expansion

September 22, 2010

The current expansion has absorbed the last of the adjoining space, leaving the convention center landlocked.

Tired-but-proud school buildings find new missions

September 22, 2010

More unneeded buildings are slated to be sold off by Indianapolis Public Schools, but creative people have turned other former schools into reuse gems.

Also this week

September 22, 2010

Pulitzer-Prize-winning poet (and former IU professor) Yusef Komunyakaa comes to Butler University Sept. 23 as part of the Vivian S. Delbrook Visiting Writers Series. Details here.
 
Former superintendent of Indianapolis Public Schools Esperanza Zendejas wrote and performs “When the Dead Cry” at the Phoenix Theatre Sept. 23-25. Details here.
 
Bill Cosby at Purdue University’s Elliott Hall of Music in West Lafayette Sept. 24. Details here.
 
Storytellers Donald Davis and Carmen Agra Deedy share the stage Sept. 24-25 in the season opener for Storytelling Arts of Indiana at the Indiana History Center. Details here.
 
 

Health overhaul’s $264M question weighs down WellPoint

September 22, 2010

The failure by state regulators to decide how much insurers must spend on patient care is scaring investors from health-plan stocks and complicating insurance company decisions.

Local building permits down again in August

September 21, 2010

The number of building permits filed in the nine-county metropolitan area dropped by 18 percent in August from the same time a year ago, falling from 354 to 290. The drop marks the third consecutive month permits have fallen.

TechPoint unveiling ‘measured marketing’ campaign

September 21, 2010

The initiative will promote the advantages of doing business in Indiana to attract more “measured marketers.” They are companies such as ExactTarget and Aprimo Inc. that provide a platform for marketing via e-mail, social media and other technologies.

Review: “Sibling Revelry” with the ISO

September 21, 2010

Sisters Liz and Ann Hampton Callaway help launch Pops season.

Structural shakeup means changes at EnerDel

September 21, 2010

Ener1 Inc., the parent company of local advanced-battery maker EnerDel, has reorganized its corporate structure and shuffled management ranks.

Leases/leasing contracts

September 20, 2010

-Jones Lang LaSalle has been named leasing agent for Lake Pointe Center 5, a 150,000-square-foot office building in Allison Pointe office park. Adam Broderick of Jones Lang LaSalle has been named leasing agent for the two-year-old building, which has 90,000 square feet available. The building is owned by Edgeworth Laskey Properties LLC.

-Premium Supply Inc. leased 45,100 square feet in the North by Northeast Business Park, 9901 Kincaid Drive, Fishers. The tenant was represented by Fritz Kauffman of Cassidy Turley. The landlord, Prologis, was represented by Chip Barnes and Matt Dickerson of NAI Olympia Partners.

-University Pediatric Associates Inc. leased 27,245 square feet at 11590 N. Meridian St., Carmel. The tenant was represented by Zane Brown of CB Richard Ellis. The landlord, Fidelity Office Building II LP, was represented by Mike Napariu of REI Investments.

-Southside Family Physicians leased 8,245 square feet in Emerson Office Parke Building 2, 965 Emerson Parkway, Greenwood. The tenant was represented by Travis Tucker of Duke Realty. The landlord, Emerson Office Parke Building Two LLC, was represented by Greg W. Allen and John Cunningham of Allen Commercial Group.

-County Line Pediatrics leased 8,000 square feet in Greenbrooke Medical Pavilion Building 2, 747 E. County Line Road, Greenwood. The tenant was represented by Travis Tucker of Duke Realty. The landlord, GWA Wheatcraft LLC, was represented by Greg W. Allen and John Cunningham of Allen Commercial Group.

-Stewart-Richardson & Associates leased 5,414 square feet in the Regions Bank Tower, One Indiana Square. The landlord, One Indiana Square Associates, was represented by Ralph Balber and Kelli Dugan of Halakar Real Estate. The tenant represented itself.

-Re/Max Select leased 3,000 square feet in Library Parke, 489 S. State Road 135, Greenwood. The tenant was represented by Keith Turnbill of Re/Max Select. The landlord, Greg Allen Property Management, was represented by Greg W. Allen and John Cunningham of Allen Commercial Group.

-Miebach Consulting Inc. leased 2,982 square feet in Market Square Center, 151 N. Delaware St. The tenant was represented by Matthew Tobe of Halakar Real Estate. The landlord, Hertz Indianapolis One LLC, was represented by Crystal Houston and Dan Richardson of CB Richard Ellis.

-Crown Liquors leased 2,760 square feet at Westside Center, 645 W 11th St. The tenant was represented by Mark Perlstein of Sitehawk Retail Real Estate. The landlord, Westside Development Corp., was represented by John Schick of The Broadbent Co.

-Qdoba leased 2,275 square feet at Greenfield Corner Shops, 2037 N. State St., Greenfield. The tenant was represented by Larry Davis of Sitehawk Retail Real Estate. The landlord, MAP Greenfield LLC, was represented by Jeff Hubley of Midland Atlantic.

-Jimmy Johns leased 1,625 square feet at Speedway Shoppes, 5949 Crawfordsville Road. The tenant was represented by Drew Warner of Eclipse Real Estate. The landlord, Westside Development Corp., was represented by Mark Perlstein of Sitehawk Retail Real Estate.

-LBL's Salon leased 1,600 square feet at Plainfield Commons II, 2683 E. Main St., Plainfield. The tenant was represented by Dawn Lyon of Site Link Commercial Realty. The landlord, Plainfield Commons II LLC, was represented by Liz Yoho of Providence Development.

-Chun Lin leased 1,300 square feet of retail space at 9546 Allisonville Road. The landlord, LOR Corp., was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.

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