Team profits declined from $1.23 million in 2008 to $459,603 this year. Despite
that, the team’s board voted unanimously to pay a dividend.
The troubled Indianapolis City Market is looking East for a new direction. This summer, its executive director, Jim Reilly,
visited Philadelphia and Cleveland to observe their successful urban markets and seek pointers that might be applied here.
Well placed sources inside the local tennis community claimed this week that IUPUI plans to demolish the Indianapolis Tennis
Center next spring to make room for an NCAA headquarters expansion.
The nation’s eyes were turned to Indianapolis during last night’s Colts-Patriots game. But all that positive exposure almost
went up in smoke as turf was set on fire during first quarter.
Red Digital Cinema Technology gives video producers the ability to shoot in high-definition quality without
the expense of film, and local advertisers are taking advantage.
The CEO of Lucas Oil Stadium’s South Carolina-based catering company said he will tour the facility to make sure food-service
issues are resolved. Centerplate Inc. CEO Des Hague said he wants a transparent investigation and is coming to Indianapolis
to make sure the problems at the stadium are cleaned up. The Marion County Health Department has issued dozens of citations
and thousands of dollars in fines over the past year to Centerplate. Health inspectors have reported mice droppings, pests
and/or rodents, and food that’s unsafe or in unsound condition. Fox 59 will have more at 4 p.m.
Highway signs around Indianapolis are getting makeovers to help direct Super Bowl 2012 visitors to downtown attractions.
Despite a sluggish economy, sales at the Colts pro shop at Lucas Oil Stadium are climbing and on pace to be at least 20 percent
higher than they were last year.
An auto salvage company is paying the city $2,000 per month to use the outfield of Bush Stadium to store vehicles collected
under the Cash for Clunkers program.
The most obvious use for the old Wishard site is an expansion of the Indiana University School of Medicine, particularly for
medical research space, university administrators said.
Yes, the IU Hoosiers are better this season. How could they not be?
Counties wanting to speed traffic among suburbs are building highways to avoid having to travel into Indianapolis. The result,
a 100-mile outer loop beyond Interstate 465, won’t be completed for years, and it won’t be built to consistent standards,
but it might help ease congestion.
Indiana University economists offered a cautious but improving economic outlook for 2010, in which they expect the personal
income of Hoosiers to grow slightly and the state to add 50,000 jobs.
Venzago said the abrupt dismissal has affected his ability to work this season, and that he received
an outpouring of sympathy from Indianapolis and the classical music world.
Mayoral Chief of Staff Paul Okeson said the city isn’t sure it makes sense to privatize operations now handled by
the Capital Improvement Board, “but we’re obligated on behalf of the taxpayer to find out.”
The city of Indianapolis is considering ways to get out of the professional sports stadium and convention center management
business.
Ten years ago, the Indiana Pacers sold out their 69 Conseco Fieldhouse suites and the Indianapolis Motor Speedway
barely touched a phone to sell its 120 luxury boxes. But entertaining at luxury suites is out of vogue
now, thanks to the recession and companies keeping a closer eye on spending.
The city too often relied on the Department of Waterworks’ board, on consultants and on the private
operator, Veolia Water, rather than on the department’s own staff “to ensure safe and efficient
operation, maintenance and management” of Indianapolis Water. That’s one of several critical
findings of a consultant hired by the department and filed as part of a 35-percent rate-hike request
pending before the Indiana Utility Regulatory Commission.
Indiana University officials say this school year’s record enrollment is leading to nearly $63 million in unexpected revenue
for its campuses across the state.
The prospect of a 2010 National Football League season without a players’ salary cap could cause high-profile free
agents for the Colts and other small-market teams to gallop off for greener pastures.
