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Articles

Sellers waiting for recovery in area housing market: Economist expects another nine months of ‘slow going’

October 29, 2007

Melinda and Brooks Bertl know the ups and downs of the current real estate market-personally. They started looking for a home to buy this spring and it took them only two weeks to find one they liked in Carmel. “I guess we knew what we wanted and found it. And the house had been on the market for some time,” said Melinda Bertl, indicating the sellers were ready to make a deal. They bought the house and moved into it….

IRL widens advertising base

October 29, 2007

The Indy Racing League will roll out category sponsorship deals with soft drink, energy drink and motor oil brands in the
next two months. IRL officials declined to divulge which companies the deals are with, but said each are multiyear, multimillion-dollar
deals.

Cyber sky is falling, cyber sky is falling-or not: State, IU make nice with Colorado company leasing lines for vital I-Light network linking Indiana universities

October 29, 2007

Indiana’s network for advanced university research, linked by a web of fiber optics known as I-Light, is now deemed safe by the state and Indiana University. Both have backed away from dire warnings about the network’s future that they issued earlier this month after a key partner in the network changed hands. Indianapolis-based Indiana Fiber Works, which leases hundreds of miles of fiber to I- Light under state contracts not set to expire for nine more years, was purchased Oct….

City fights property owners over value of land by stadium

October 29, 2007

A legal fight is brewing over a 2.3-acre parking lot sandwiched between the RCA Dome and Lucas Oil Stadium. The state is seeking
to acquire the property through eminent domain and is fighting an appraisal that puts its value at $7 million. The owners,
meanwhile, contend the land is worth about twice as much.

SPORTS: Not all basketball greats are getting their due

October 29, 2007

An article in the current Slam magazine caught my eye. Written by Brett Ballantini, it was headlined, “The Hall of Shame.” The hall it was referring to was the Naismith Basketball Hall of Fame in Springfield, Mass. The gist was that its secretive selection process is preventing eminently worthy candidates from consideration for and ultimately election to the hall. It cites a “secret cabal of 24 unknown voters” for dereliction of duty, with particular concern for the class of 2007,…

EYE ON THE PIE: News offers savory opportunities

October 29, 2007

I save newspaper items thinking they will make good columns. But with only one column per week, I end up with piles of good ideas. Here are four items I found interesting: Another sports opportunity: The National Lacrosse League has canceled its season. I didn’t know there was a league of 13 professional lacrosse teams. This was another instance of players and owners not being able to come to agreement on salaries. Both of those groups and the fans are…

Fieldhouse rolls out season-ticket program: Concert offering could lure mid-size businesses

October 29, 2007

Businesses looking to entertain clients but not quite ready for a luxury box at Conseco Fieldhouse now have another option-season tickets to all the concerts. The offering, dubbed Your Exclusive Access, will be the first season-ticket package in the nation for arena concerts, said Dave Lucas, owner of Indianapolis-based entertainment firm Live-360 LLC. Live-360 is managing the program for Pacers Sports & Entertainment, which leases the fieldhouse from the city and schedules entertainment there. While season-ticket programs have been a…

THE TRAVELING LIFE: This may not be the end of the world, but…

October 29, 2007

“A pop-culture update for those who’ve been living in Bhutan for the last several years…..” That was the beginning of an article in a recent Indianapolis Monthly and, while I don’t even remember now what the story was about, I knew after reading those words that I had to go to Bhutan. My reasoning: If this country is so remote that it’s used as a frame of reference for being out of touch, then I wanted to go there. Turns…

Bean Field popular tailgate site: Compromise over parking at new stadium keeps decades-long tradition alive

October 29, 2007

How’s this for irony? The state’s nowscuttled plans to raze N.K. Hurst Co.’s headquarters to make way for Lucas Oil Stadium parking would have paved over a long-standing Colts game-day tradition. The Indianapolis-based bean company has hosted Colts tailgate parties before every home game since the 1980s. Its McCarty Street parking lot-known as Hurst Bean Field-is a short stroll from the RCA Dome and in the shadows of the Colts’ new home, making it a hit with tailgaters. “It’s a…

Governor playing deal-maker with property-tax plan

October 29, 2007

The art of the deal is to get more than you give up. If Gov. Mitch Daniels convinces the General Assembly to pass his property
tax plan intact, he’ll meet the definition of deal-maker, and then some.

Clinton’s 401(k) proposal receiving mixed reviews: Experts disagree on whether plan can spur savings

October 29, 2007

Republican presidential candidate Herbert Hoover promised a chicken in every pot and a car in every garage, leading everyone to believe they would be prosperous under his administration. Fast-forward 80 years and a candidate from the other side of the aisle, Sen. Hillary Clinton, D-N.Y., is offering an incentive more fitting for the new millennium: a match on workers’ 401(k) contributions. Time will tell whether Clinton becomes president and ultimately fulfills the pledge, but what prompted it is Americans’ reluctance…

A&E: Scorned women on stages at IU and Fountain Square

October 29, 2007

Perhaps the most performed American opera, “Susannah” tells of a good woman brought down by the hypocrisy of her Appalachian town. Spotted bathing nude in a creek by townspeople looking for a spot for revival meeting baptisms, the parentless 19-year-old’s reputation and spirit are soon destroyed by gossip-and the visiting preacher. It’s an opera with sex (implied), death (thanks to an angry brother), religion (including a revival service) and-something you don’t see in many operas-square dancing. What it also has…

Baker & Daniels signs stadium naming rights deal

October 23, 2007

The Indianapolis Colts are scoring sponsors for their new venue as fast as quarterback Peyton Manning engineers victories for the undefeated team.The Colts have nailed down their third, multi-million dollar sponsorship deal within a month. At noon today, team officials announced from their 56th Street training complex that Baker & Daniels LLP has signed a […]

Indianapolis might push for college world series

October 23, 2007

Indianapolis is being mentioned as a possible site for the 2011 College World Series, which appears to be in play. In a recently released list of future NCAA championship events, the 2011 baseball series is listed with no host site beside it. Omaha has a deal to host the event through 2010. “If the event […]

Nothing But Noodles acquired by competitor

October 22, 2007

Nothing But Noodles, a Scottsdale, Ariz., restaurant chain, has been acquired by Noodles & Co. of Aurora, Colo., in a move that affects at least two Indianapolis locations. As a result of the merger, a Nothing But Noodles at 3625 E. 96th Street has been closed because of its close proximity to a Noodles & […]

City’s life sciences corridor to get $4M in improvements

October 22, 2007

City planners have long envisioned a high-tech corridor of life sciences research buildings and businesses extending northwest
of downtown to 16th Street. And the city is now spending $4 million on infrastructure and streetscape improvements toward
that end, as well as signage identifying the area as a life sciences hub.

SPORTS: Discipline on court, disappointment in stands

October 22, 2007

As an Indiana University alumnus, I guess you could say I’m dissed off. Disappointed. Disillusioned. Disheartened. And I know I’m not alone. There is simply no excuse, no rationale and no justification for Kelvin Sampson’s basketball program to be operating outside the NCAA rules or the NCAA sanctions he brought to Bloomington from the University of Oklahoma. I don’t care that the NCAA’s rule book is thicker than the New York City white pages. I don’t buy that those rules…

NOTIONS: Learning while teaching the college freshmen

October 22, 2007

I spent two days last week in Bloomington, visiting my alma mater. I walked tree-lined paths I walked 30 years ago, spoke from the front of an auditorium where I once faded into the middle-row masses, grabbed pizza for dinner with some journalism students and their professor. In my lectures, I told the undergrads how I got from there to here. How, at their age, I had no idea what I wanted to be when I grew up. How a…

City ready to launch bid for USA Basketball

October 22, 2007

Indianapolis is poised to launch a bid
to attract USA Basketball’s headquarters from its Colorado Springs home. The not-for-profit national governing body for men’s
and women’s basketball in the United States recently put out a request for proposals for a new headquarters city.

Parkwood West sets pace for north-side office space: Duke project boasts upscale amenities, top-level rent

October 22, 2007

Duke Realty Corp.’s $125 million Parkwood West development well may be the new trendsetter for future office complexes along the burgeoning north-side Meridian Street corridor. One West, a five-story, 186,000-squarefoot Class A office building, is the first of three structures rising from the Parkwood West project at the northwest corner of Meridian and 96th streets. The upscale design as well as the added amenities that include a parking garage-rare in the suburban market-could become the rule instead of the exception….

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