If Circle Centre mall were built today, it would cost $420 million. Throw in another $60 million, and you’ve got the price
of Legends District-SoDo, a proposed mixed-use development on the south edge of downtown.
A team of local developers is hoping to build a 550-bed, 16-story apartment tower near the IUPUI campus. The $40 million project, dubbed Paramount Tower, would target the lucrative student-housing market….
A public library preserves the record of humanity’s intellectual, scientific and artistic achievements, as well as its failures. Those records and the people who facilitate the community’s access to them support democracy, encourage economic development, sustain lifelong learning, and foster an information- and technology-literate community. A community’s investment in its public library system symbolizes the importance of the civic role of public libraries in ensuring an informed society. In our community, the Indianapolis-Marion County Public Library Foundation raised more than…
An Indianapolis not-for-profit has taken one of the most radical approaches yet toward trying to remain relevant to the next
generation and to perpetuate its mission. It’s put a 15-year-old on its board of directors.
The afternoon after Greg Ballard’s shocking victory at the polls, the mood was sober at Marion County Republican headquarters.
Jubilation had given way to reality. Although mayor-elect Ballard described himself “as tired as a guy could get,” he has
no time for a break. And what the former U.S. Marine Corps lieutenant colonel will do is largely a mystery.
Mayor-elect Greg Ballard said he’s got nothing against spending city money on the arts, but his administration nevertheless will evaluate whether devoting $2.5 million to it each year is the best use of that money. “It’s OK to fund [the arts] as long as people are relatively safe in the city,” Ballard said. Though acknowledging Indianapolis’ “vibrant arts community,” Ballard said it’s mostly privately funded. “I’m not saying I’m going to cut all of the arts [funding],” he said. “We’ll…
PROFILE MARIANNE O’CONNOR PRICE Balanced equation Mother of four excels in careers from engineering to research When Marianne Price graduated from the University of Notre Dame in 1974 with a degree in engineering, she was among the scarce 2 percent of women nationwide graduating in that field. She also achieved something that no other female at Notre Dame had ever done to that point-she was valedictorian of her graduating class. Price, 54, is director of the Cornea Research Foundation of…
Work on the Indiana Convention Center expansion is at least six months away, but numerous organizations already have reserved their space in anticipation of the larger venue. Construction on the $275 million project is expected to begin next summer and last until 2010. After completion, the center will have 747,370 square feet of tradeshow space, about 253,000 more than it has now, in addition to 183,000 square feet available at the new Lucas Oil Stadium. The Indianapolis Convention & Visitors…
Remote-controlled digital billboards are revolutionizing the outdoor advertising industry nationwide, but a city prohibition
against the medium is preventing a rollout here.
A strong demand for student housing downtown is driving a $40 million plan for a high-rise apartment tower a couple of blocks
east of the Central Canal. The developer, a partnership of Fishers-based Paramount Realty Group and Indianapolis-based Alboher
Development Co. Inc., hopes to build the 16-story Paramount Tower on a OneAmerica parking lot.
I just got an e-mail from a good friend inquiring about where (his speculation was the Insight Bowl in Tempe, Ariz.) the Indiana Hoosiers would play their first bowl game since 1993. I responded with the same line I’ve repeated often. When it comes to Indiana football, I never look further ahead than the next play. It’s a lesson I learned 40 years ago, in 1967. I was fresh out of high school. It always was my dream to go…
The U.S. Department of Health and Human Services said today that Indianapolis-based WellPoint Inc. and several other providers of drug benefits kept overpayments too long. The companies, which also include Minnesota-based UnitedHealth Group and Humana Inc., headquartered in Louisville, Ky., should have more quickly refunded the $4.4 billion in overpayments, the department said. The figure […]
The number of crews Robert Hoffman employs to frame new homes has dwindled from 14 to four, and could drop even more if the residential construction market continues to sputter. But the owner of Hoffman Framework Inc. in North Salem, a tiny town in western Hendricks County, is not about to let his 12-year-old business wither away. Instead, he’s expecting to recover by making the leap to the much more vibrant commercial sector, where he can use his experience framing…
For Mike Wyman, a devastating fire that gutted the family home during his teen-age years laid the foundation for a rewarding career in construction. The 41-year-old Wyman climbed from carpenter to become a leader of projects at two of the city’s largest commercial developers before launching his own company in 2005. WDG Construction & Development Services Inc. on East Washington Street downtown has since grown into a firm that expects to top $30 million in revenue next year-double this year’s…
Most fine arts students used to exist in a bubble-running to class in paint-splattered clothing and practically living in their studios, channeling their muse and honing their craft. Once they graduated, those who were driven enough to try to make a living off their talent still had a lot to learn about running a business. But now many universities are doing more to make sure art students graduate with the business skills they need. Local photographer Ginny Taylor Rosner graduated…
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.
In the face of a slumping local economy in the early 1980s, several national construction firms packed up and left Indianapolis. One locally based salesman, Len Liotti, was given a choice-move to St. Louis along with his job at tunneling contractor Affholder Inc., or set out on his own. Seeing the void the big players would create when leaving, Liotti started Midwest Mole Inc. in 1982 to fill it. Twenty-five years later, the privately held firm is thriving thanks to…
On the morning of Oct. 30, just five days before the NFL’s Game of the Century, Regular-Season Variety, I imagine-but don’t know for certain-that New England Patriots Coach Bill Belichick was hunkered down in some office bunker at the Patriots training complex, bags under his eyes, hooded sweatshirt pulled over his head, scowl on his face. Certainly, he was poring over game films of the Indianapolis Colts, searching for clues that would help his team continue on its scorched-earth mission…
A 2,000-home housing development planned for near Bargersville south of Indianapolis has been delayed until next year, according to the Daily Journal of Franklin. Developer Mike Duke said five other projects he is working on must be finished before starting the Abbey, which is to have single-family houses, townhouses, condominiums and a golf course. If […]
Sounding downright Greenspanian, economists at Indiana University’s Kelley School of Business said this morning they are “cautiously optimistic” that 2008 will be a year of modest growth. The U.S. economy will grow 2.5 percent, less than the 3 percent they expected for 2007, they said during the business school’s annual breakfast meeting downtown. Indiana’s economy […]
