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    David Bordenkecher

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Articles

Design Build Institute hoping to spur flood of projects:

November 5, 2007

Public entities, like school districts and universities, are not known for being risk takers. Some even call them “risk averse.” So, those in the architectural and construction industries aren’t surprised that a state law passed two years ago allowing public entities to use the design-build process is only now taking hold. Design-build lets the owner hire one team to carry out both the design and construction of a project-unlike the traditional design-bid-build process in which the owner commissions architectural plans,…

Turf war unfolds in Babe Denny neighborhood

November 5, 2007

A long-neglected neighborhood south of downtown called Babe Denny suddenly is in the spotlight, attracting attention from
city planners, code enforcers, land speculators and a politically connected attorney.

Financial education on a roll: Money Bus travels state to make children smarter about finances

October 29, 2007

Teaching kids about finances used to be as simple as giving them lunch money. With credit card debt and bankruptcy rates soaring among young adults, however, there’s a new push nationwide to help kids get smart about money. Experts say even kindergartners aren’t too young to learn the ins and outs of spending, saving, borrowing and budgeting. One local program is hoping to do all that in a fun, informative setting. The Money Bus, a sort of traveling classroom, visits…

Angie’s List CEO wanted shot at WellPoint’s Zagat deal

October 29, 2007

WellPoint Inc. and Angie’s List are both racing to launch doctor-rating services early next year. But Angie’s List is already
sour over Well-Point’s decision to partner with New York-based Zagat Survey LLC for its doctor-rating service, apparently
without talking to Angie’s List.

Lilly stock hit after safety trials halted

October 25, 2007

Analysts and investors turned sour on Eli Lilly and Co.’s stock overnight after the Indianapolis drug maker stopped enrolling patients in two small safety trials of a potential blockbuster drug. Lilly shares opened today at $52.15, down $3.74 or 6.6 percent from their close yesterday. Lilly announced yesterday after markets closed that it had temporarily […]

Ex-Duke exec, wife tackle senior housing: Horns have nationwide plans for The Stratford Cos.

October 22, 2007

Richard and Wendy Horn have had their share of separate real estate successes. Now, they’ve combined their corporate talents as a husband-and-wife team to lead an upstart senior housing developer. Richard joined The Stratford Cos. in May 2006 as chairman and CEO, and has since moved its headquarters from St. Louis to Indianapolis’ north side in Parkwood Crossing. He is known within commercial real estate circles as a former veteran of Duke Realty Corp., where he enjoyed a two-year stint…

Embattled city to get lift from resurgence of Remy:

October 22, 2007

B e a t e n – d ow n Anderson finally has some good auto-related news: Remy International Inc., headquartered in the industrial city of 60,000, is poised to survive- perhaps even thrive-thanks to a bankruptcy reorganization plan that halves its debt, along with other moves that make it more competitive. “Frankly, I think this is a great piece of information for Anderson,” Anderson Mayor Kevin Smith said of the company’s trip through bankruptcy court, which is expected to…

Bloomington firm sued over coupon caper

October 16, 2007

Pepsico and Johnson & Johnson are among several big companies that have sued Bloomington-based International Outsourcing Services to try to recover $150 million the companies say they were bilked out of in a coupon scheme. The suit, filed Oct. 12 in Milwaukee, claims International Outsourcing turned in invoices for coupons that had not been used, […]

Firm sees growth for on-site clinics: Novia thinks workplace care can cut costs, help employees

October 15, 2007

Doctors who make house calls are about as obsolete as polio. But a fledgling local company is taking a page from the past and reintroducing the practice to the workplace instead of the home. Rising medical costs and the companies desperate to contain them are driving interest in the emerging model of on-site clinics. Large employers such as Toyota Motor Co., Pepsi Bottling Group, Credit Suisse and Sprint Nextel have embraced health clinics in recent years, in hopes of promoting…

INVESTING: Explore biotech universe, but choose selectively

October 15, 2007

If you look at stock market returns over a 100-year-plus time frame, the highestreturning industries have been pharmaceuticals and cosmetics. Dropping the time frame down to the last 25 years shows a different picture, with technology taking the top spot. But with more than a century of momentum, drug companies can still attract interest. Using a quantitative screen that I run every week, I noticed that biotechnology stocks have been picking up steam lately. This surprised me because the big…

SPORTS: These are the most valuable players on our team

October 15, 2007

Colts quarterback Peyton Manning made news recently when Business Week ranked him 13th among the 100 most-powerful people in sports. Not to be outdone, or to let a good idea go unstolen, here’s my list of the 25 most- influential people in Indianapolis sports. Criteria: my opinion. No. 1: Indianapolis Motor Speedway owner Tony George. With three races (including next September’s Moto GP motorcycle debut) bringing in more than $700 million annually, IMS is the elephant in the room that…

A&E Special: Heartland: The best of the Fest

October 15, 2007

The Heartland Film Festival opens Oct. 18 with nine days of film screenings and special events. Want some help making your selections? IBJ staff and freelancers previewed most of this year’s offerings. Some of the best are reviewed below. For more reviews-which we will continue to update as the fest approaches-visit the Not Strictly Business section of ibj.com. “Home of the Giants,” dramatic feature Given the generic title (please change it before it’s too late), the Hoosier high school basketball…

IEDC ups pressure on Shelbyville’s Intelliplex park

October 15, 2007

Shelbyville leaders and residents are grumbling about restrictions the Indiana Economic Development Corp. just slapped on
Intelliplex, their $22.8 million certified technology park.

Need for college watchdog not-for-profit questioned

October 15, 2007

Not everyone is welcoming the launch of an Indianapolis-based not-for-profit, backed by billionaire businessmen, that aims
to curb colleges’ discretion in spending donor contributions.

PEOs bouncing back following shakeout: Professional employer organizations enjoying growth as companies seek better ways to manage benefits

October 8, 2007

Even though Sentelligence Inc. in Noblesville has only five employees, the tiny tech firm offers an appealing benefits package rivaling that of a large corporation. The designer of diagnostic sensing devices for diesel engines has not discovered the Holy Grail of human resources. Rather, it’s using what’s known as a professional employer organization. Companies contract with PEOs to handle all the headaches of human resources, including payroll, payroll taxes, Worker’s Compensation claims, health plans, and other employee benefits, not to…

IU, state pushing regulators to halt sale of I-Light vendor

October 8, 2007

Indiana University and the state’s Office of Technology have sought an emergency order from regulators to halt a Colorado
company’s further assimilation of an Indianapolis fiber provider it bought Oct. 1.

PROFILE CAROLYN CLAY: Attorney ‘escapes’ from the infamous Rock Challenging open-water Alcatraz race gives a whole new meaning to ‘swimming with the sharks’ Editor’s Note: The original version of this story appeared in the July 11 issue of the Indiana Law

October 8, 2007

PROFILE CAROLYN CLAY Attorney ‘escapes’ from the infamous Rock Challenging open-water Alcatraz race gives a whole new meaning to ‘swimming with the sharks’ Editor’s Note: The original version of this story appeared in the July 11 issue of the Indiana Lawyer, a statewide newspaper for lawyers published by IBJ Media. Women in Business editor Della Pacheco added to the original story. Carolyn Clay has been swimming for as long as she can remember. The 29-year-old attorney at Indianapolis law firm…

Jones taps friends nationwide for Daniels fund raising

October 8, 2007

Silicon Valley venture capitalist Jack Gill–and dozens like him–are being recruited from far beyond state lines to support Indiana’s incumbent governor. On Oct. 9, Gill will be in the crowd at technology entrepreneur Scott Jones’ Carmel mansion. Jones, who organized the event, aims to collect $1 million for Daniels in a single day.

Activists flexing muscles at city’s marquee firms:

October 8, 2007

Suddenly, activist investors are swarming around struggling Indianapolis public companies-from The Steak n Shake Co. and Conseco Inc. to Emmis Communications Corp. Here’s an unsettling reality: Activists are all about making handsome returns on their investments-often achieved by selling businesses, taking them private or selling them piecemeal. It’s not farfetched to think that a year from now, none of the three high-profile firms still will be a local public company. To be sure, the executives who run the three firms…

Arts Council offers more help directly to artists

October 8, 2007

When Shannon Linker went to work for the Arts Council of Indianapolis in mid-2002, it was a typical pass-through organization–re-granting
city money to local arts groups. Now Linker is director of an artist-services program for the council that is on par with
those offered in communities like Seattle and New York City but few other places.

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