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Articles

Construction

May 2, 2011

-Alt Construction has completed a 1,600-square-foot restaurant build-out for La Hacienda at 12237 N. Meridian St., Carmel.

-S&B Construction has been hired for an 11,500-square-foot renovation of Fresenius Medical Care at 1225 W. 86th St. The project is scheduled to be completed in August.

-TMG Construction Management Inc. has been hired to build a 3,081-square-foot New Balance Shoes store at 9893 N. Michigan Road, Carmel. The store is scheduled to be completed by May 31.

Who’s Who in Commercial Real Estate – 2011

April 28, 2011

Every business sector has influential players, whether they are in the public eye or wield their influence behind the scenes. IBJ is identifying those people in eight different industry categories. Up this month: commercial real estate.

UPDATE: Skjodt-Barrett Foods bringing 300 jobs to Lebanon

April 28, 2011

The newest tenant in Lebanon Business Park will occupy 214,000 square feet and make a $20 million investment to build out the space and install equipment.

Local architectural firm Woollen Molzan disbands

April 27, 2011

The venerable Indianapolis architectural firm that designed many of the city's most recognizable buildings—including the Minton-Capehart Federal Building—has closed and two of its leaders have joined a local competitor.

LOU’S VIEWS: Landmark event turns into celebration of Bill Cook

April 21, 2011

Benefactor’s presence strongly felt at opening of new arts center.

Can Indianapolis recover convention chief stability?

April 20, 2011

Leonard Hoops is the third CEO of the Indianapolis Convention and Visitors Association in three years—not ideal in an industry where it often takes three to five years to consummate a deal and as long as a decade to plan and build infrastructure

Much unknown about new Cook Group CEO

April 20, 2011

Carl Cook has been tabbed to replace his father, Bill Cook, who died a week ago. But many in the Bloomington business community know little about him, which reflects the company’s strict privacy policy.

Longtime City Market tenant fighting move

April 18, 2011

Enzo Pizza is refusing to vacate its space in the historic structure and is suing to stop construction to convert the east wing, where it’s located, into a bicycle hub.

Fairgrounds officials consider Pepsi Coliseum overhaul

April 14, 2011

Indiana State Fairgrounds officials are laying the groundwork for a massive Pepsi Coliseum renovation that could cost tens of millions of dollars and transform the inside of the 72-year-old landmark.

City Market upgrades on track for June completion

April 14, 2011

The main hall is being improved as the east wing is converted to a hub for bicyclists.

Roundup: LoveSac, St. Elmo, Jets Pizza, Hokkaido Buffet

April 12, 2011

A new retailer at The Fashion Mall, a couple of new chain restaurants and a major renovation for St. Elmo Steak House lead the latest retail roundup.

Company news

April 5, 2011

In the not-too-distant future, scientists tell us, we will regard the debilitating side effects of chemotherapy agents as akin to the bleeding therapy administered by 19th century country doctors. And a Purdue University chemist has developed a tool to help make the future of laser-guided cancer therapies a reality. W. Andy Tao has developed a nanopolymer that can be coated with drugs, enter cells and then be removed to determine which proteins in the cells the drug has entered. Knowing which proteins are targeted would allow drug developers to test whether new drugs target only desired proteins or others as well. Eliminating unintended protein targets could reduce the often-serious side effects associated with cancer drugs. Tao said there currently is no reliable way to test drugs for “off-targeting.”

Indianapolis-based Medical Animatics, a 3D animation company, is making a foray into the game business. The company will develop a game for kids ages 6-12 to help them learn safe behaviors at home, in their neighborhoods, at school or at a park. Medical Animatics will develop the game for Ohio-based Nationwide Children’s Hospital. Health games designed to be both educational and enjoyable are being developed by two other companies with Indiana ties—Bloomington-based Wisdom Tools LLC and Indianapolis-based Gabriel Entertainment, as well as by growing numbers of developers around the country. Medical Animatics also develops 3D animated instructional and informational materials for the health care, higher education and sports industries.

Northern Indiana's Manchester College plans to begin work this summer on its new $18 million pharmacy school. School spokeswoman Jeri Kornegay said Thursday that a ground-breaking for the 75,000-square-foot building in Fort Wayne is expected early this summer, possibly in June. Until the building is complete in July 2012, the college's School of Pharmacy will continue to occupy space at Parkview Hospital in Fort Wayne, about 30 miles east of North Manchester. The project is supported by a $35 million grant from Lilly Endowment that's the largest gift in the college's history. While pharmacy schools have opened on a rapid pace around the nation in recent years, Indiana is one of 18 states with a shortage of pharmacists. Manchester’s will be the third in Indiana offering doctorates in pharmacy, joining schools at Butler University in Indianapolis and Purdue University in West Lafayette.

Mishawaka-based Franciscan Alliance plans to spend $8.4 million to open an administrative center in Greenwood, creating nearly 85 jobs in the next four years. The Catholic health care system, formerly known as Sisters of St. Francis Health Services, will buy, remodel and equip the 96,505-square-foot freestanding building at 1040 Sierra Drive. The administrative center—dubbed the Franciscan Ambulatory Business Office—will house all physician billing operations for the organization’s 13 hospitals in Indiana and Illinois. Franciscan Alliance employs 18,200, including 556 physicians, and expects to grow its physician team to more than 630 next year. Hiring at the administrative center should begin in April as renovations are made. Franciscan Alliance is the second hospital system to announce plans recently to consolidate operations in central Indiana. In October, St. Louis-based Ascension Health, the parent organization of St. Vincent Health, decided to locate a $10.9 million professional service center in Indianapolis, creating up to 500 jobs by 2013.

U.S. News & World Report ranked the best hospitals in the Indianapolis area based on the ones that have medical specialty groups of either national prominence or high performance on such metrics as survival, safety, staffing, technology and patient volumes. Topping the list was the downtown medical complex of Clarian Health, now called Indiana University Health. The academic medical center—which includes Methodist, IU and Riley hospitals—ranked nationally in 11 areas, including gastroenterology, urology, geriatrics, orthopedics, neurosurgery and cancer. It also scored as high-performing in gynecology. Coming in second in the ranking was St. Vincent Indianapolis Hospital, which scored as high-performing in 12 specialties. Other hospitals in the local top five were IU Health North Hospital, St. Vincent Carmel Hospital and, in a tie for fifth place, St. Vincent Heart Center and Wishard Health Services.
 

Hardware store slated for Meridian Street building

April 5, 2011

City grants approval Tuesday morning for the reuse of Meridian Street building that WFYI vacated in May 2008.

High-rise fire clogs downtown streets

April 5, 2011

A fire at the 15-story Disciples Center building in downtown Indianapolis forced the closure of portions of Washington, Delaware and Pennsylvania streets  Tuesday morning, clogging traffic for blocks around during rush hour. More than 70 firefighters fought the two-alarm blaze, which started when insulation being used in a renovation caught fire. Flames were reported on several floors of the building in the 100 block of East Washington. No one was reported injured.

Bulldogs fall in title game, but leave big impression

April 5, 2011

Butler University lost 53-41 to the University of Connecticut on Monday night in the NCAA men's basketball title game. But now, thanks to two straight runs to the final, every mid-major thinks they've got a shot. And a blueprint for how to do it.

Hinkle Fieldhouse slated for $25 million restoration

April 1, 2011

A capital campaign is under way to fund improvements to the historic arena on the campus of Butler University. Upgrades will include more seating for season-ticket holders and a new scoreboard with video capabilities.

Tax breaks for Rolls-Royce hinge on investment, not jobs

March 31, 2011

City officials’ fear that Rolls-Royce Corp. might pull thousands of jobs out of Indianapolis drove the negotiations that culminated last month with the company’s committing to move 2,500 of its local office employees to the south side of downtown.

Meridian Street buildings to get facelift

March 31, 2011

A not-for-profit is partnering with a locally based developer to renovate two vacant apartment buildings near Meridian and 38th streets into specialized affordable housing.

Franciscan Alliance plans 84 jobs at Greenwood billing center

March 30, 2011

The Mishawaka-based Franciscan Alliance plans to spend $8.4 million to open an administrative center in Greenwood, creating 84 jobs in the next four years.

Construction

March 25, 2011

DB Klain Construction has finished a 5,700-square-foot interior renovation for Schuckit & Associates at 4545 Northwestern Drive, Zionsville.

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