EDITORIAL: Commuter tax needs fences
Indy Chamber might incite a little road rage by proposing a commuter tax that would allow Indianapolis to collect revenue from those who work in the city but live outside county lines.
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Former Indy Chamber leader joins Hagerman
Scott Miller, who stepped down May 31 as president of the Indy Chamber, has been hired as president of The Hagerman Group, one of the state’s largest construction contractors.
Indy Chamber proposes commuter tax
Indy Chamber is making the case for a commuter tax, arguing that it’s the best way to solve continual fiscal problems threatening to make Marion County, thus the whole metro area, less competitive.
Fares up, flights down at Indianapolis airport
Indianapolis International Airport has lost a third of its passenger flights since early 2005 while inflation-adjusted airfares here have risen 23 percent.
State opens downtown parking lots to development
Proposals due Nov. 15 could cover one or all of three state-owned parking facilities, which contain 6,096 spaces and generate more than $1 million a year from special events.
EDITORIAL: Quality of life takes center stage
Few would argue with the assertion that the Indianapolis area is a good place to do business. Taxes are low, regulations are generally reasonable and the cost of living is low.
Jury: Real estate execs Bales, Spencer not guilty of fraud
SOUTH BEND — John M. Bales lifted his crossed hands to his face and began to cry Thursday evening as a federal judge read the same jury verdict on each of 13 fraud counts against the real estate broker and his partner: Not guilty.
Former Venture employee turns on Bales during testimony
An FBI investigation into Venture Real Estate Services and principals John Bales and Bill Spencer had already begun when Matthew Dyer signed on as the company's controller in December 2009. Bales told him the company had done nothing illegal, Dyer testified Wednesday.
Fraud trial for broker Bales begins in South Bend
The federal fraud trial of Indianapolis real estate broker John M. Bales and a partner began Monday morning in South Bend with a jury-selection process that may not have run as smoothly if it took place in central Indiana.
EDITORIAL: Convention biz needs quick solution to flight woes
Last week’s IBJ reported on an entirely different consequence of the direct-flight problem that should—must—break us out of our stupor and get something done.
Shortage of nonstop flights imperils convention biz
Indianapolis’ dwindling number of nonstop flights—especially to the West Coast—threatens to stunt the city’s convention business just as officials are marketing the expansion of the Indiana Convention Center and downtown’s hotel market.
Star‘s labyrinth of aging buildings complicates sale, reuse
Local real estate pros say finding a reuse for the Indianapolis Star's HQ will be tricky. The newspaper is selling its labyrinth of buildings at 307 N. Pennsylvania St., which have multiple floor levels, narrow hallways and a basement built to house printing presses.
Showdown escalates in City-County Council over TIFs
Redevelopment of the Massachusetts Avenue fire station could remain in limbo for the foreseeable future, as Mayor Greg Ballard and council Democrats enter a standoff over tax increment financing districts.
Dems grumbling over big raises for Ballard’s staff
Indianapolis Mayor Greg Ballard’s staff received a collective 18-percent raise this spring following the hiring of a new deputy for education with an annual salary of $120,000.
Ballard’s staff receives big raises
After hiring a new deputy mayor for education at $120,000 this spring, Indianapolis Mayor Greg Ballard handed out big raises to the rest of his staff.
CityWay sells out first phase of apartments
Developer Buckingham Cos. has taken deposits for all 100 apartments in the first phase of its $155 million CityWay project at Delaware and South streets in downtown Indianapolis.
City decides on half block for transit hub
The Mayor’s Office and local mass transit leaders have reached consensus on a site for a $30 million downtown transit center. The preferred location is a city-owned surface parking lot along Washington Street between the City-County Building and Marion County Jail.
A year later, Circle Centre Nordstrom vacancy lingers
Without a rapid-fire lease deal and renovation, the former Nordstrom anchor space at Circle Centre will sit idle for a second holiday season. The more general-audience-oriented department store chain Macy’s remains the odds-on favorite to replace Nordstrom, though it would take only a portion of the available space.