Articles

Repairs to tower may take months: Tenants scramble for other arrangements

It was a symbol of his success. For the last three years, environmental attorney Robert Clark has relished the view from his corner office in One Indiana Square, high above the streets of Indianapolis. But on Sunday, April 2, tornadoforce winds left it in tatters. His family photos are gone. Likewise his case files and the many gifts he’d received over the years from friends or clients. “I understand there are no exterior walls,” he said. “My desk is still…

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Atlas draws Fresh interest: Upscale grocery chain with a store in Carmel considers local expansion

North Carolina-based The Fresh Market Inc. has confirmed it’s interested in the former Atlas Supermarket site at 54th Street and College Avenue. “We are looking at expanding in that area and we’re looking at a lot of sites,” said spokesman Eric Blaesing. “[The Atlas site] is one of them.” He added that nothing is definite and “for every 100 sites you look at, you end up with one of them.” N e i g h b o r s hope…

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Clarian chooses small firm for big advertising account: The Heavyweights gets nod over larger agencies

One of central Indiana’s largest advertising accounts has been awarded to a relatively small but growing agency. Clarian Health Partners this month signed what industry sources are calling a multiyear, multimillion-dollar deal with The Heavyweights, a firm headquartered in The Stutz Building downtown and best known for its creative work for clients such as Procter & Gamble and Roche Diagnostics. Officials for Clarian and The Heavyweights would not divulge the deal’s terms. The Heavyweights will provide creative direction and strategy…

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Experts: Businesses should prep for bird flu: Vast majority of U.S. companies have not budgeted for possible pandemic, despite warnings from health officials

The much-hyped Y2K computer bug came and went without so much as a whimper from a whirring hard drive. But unlike the threat of malfunctioning computers, health experts warn that the potential danger of an avian flu pandemic is far greater. In the event of a widespread outbreak in the United States, companies large and small need to be prepared in order to keep interruptions to a minimum, they say. “I am an evangelist for having a contingency plan,” said…

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SPORTS: Will Hoosier fans find room for Sampson’s baggage?

Congratulations to Kelvin Sampson? Forget that. Congrats go to Indiana University’s athletic director, Rick Greenspan. In this age of wallto-wall media, talk shows, blogs feeding rumors, and undisclosed sources, that Greenspan did an “abracadabra” to pull Sampson out of his hat as IU’s new men’s basketball coach was an astounding piece of magic. Because of all the names mentioned in the six weeks following Mike Davis’ resignation-the Steve Alfords (my choice), the Randy Wittmans, the Tom Creans, the Mark Fews,…

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City gives cultural trail green light: Long-anticipated project could cost $35M to $42M

The long-discussed trail will loop through downtown and cost $35 million to $42 million. All the money will come from federal transportation dollars and private contributions. “The trail has been officially approved,” said Brian Payne, president of the Central Indiana Community Foundation, the project’s lead managing partner. “It’s definitely a project that’s going to happen now.” Tourism officials greeted the news with enthusiasm. It’s a “huge win for White River State Park as well as the city,” said Bob Whitt,…

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NOTIONS: A lesson in contemporary communication: Trust me?

I spent March 24 at Ball State University, sitting in a small conference room with some grand poobahs of public relations. A few Hoosier colleagues and I were matched with these industry mavens to discuss the rise of a phenomenon known as “citizen journalism,” “participatory communication,” “peer-to-peer (or p2p) communication,” and other, occasionally less-flattering, terms. Whatever the moniker, the notion is this: With the proliferation of digital media and the Internet, every Dawn, Dick and Mary can create and disseminate…

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Brand balances big bucks and books: NCAA chief: Boosting revenue not out of sync with education

Which of those constituent groups is most important to Brand is open to debate. Since Brand stepped down as Indiana University president to take over at the NCAA in January 2003, the association’s annual revenue has grown from $433.2 million to $521.1 million. The increase is driven largely by an 11-year, $6 billion TV contract with CBS that took effect during the 2002-2003 sports season. Under Brand’s watch, the NCAA has ushered in new sponsors, including Sirius Satellite Radio, Direct…

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ABDUL-HAKIM SHABAZZ Commentary: Mayor: Look elsewhere for Indy Works votes

As another legislative session fades into memories and lawmakers go back to their districts to explain their votes, it’s a good time to offer some advice to Indianapolis Mayor Bart Peterson. I have always liked Hizzoner and we have had good interaction. I think it’s safe to say we both agree on consolidating government, but we may disagree on method. I come from the school of thought that says, “Destroy your opponents and parade their heads on spears in the…

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CHRIS KATTERJOHN Commentary: Newspapers’ eulogies premature

With the proliferation of news sites on the Internet, much has been made of the pending death of newspapers. As the so-called new media attract bigger and bigger audiences, especially among young adults, newspapers are being characterized as the “emblem of the old media” and “an industry on the defensive.” Not so fast. As we consider the demise of newspapers, it would be wise to do a reality check on current trends and perhaps revisit the ideas that made newspapers…

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INVESTING: Housing slowdown puts some homeowners in peril

You want to build your house on a strong foundation. It worked for the third little pig that resisted all the efforts of the big bad wolf. It’s also going to work for savvy consumers who avoid too much debt and build decent equity in their homes. For everyone else, though, the foundation might feel as if it is shaking a bit. A slew of recent data on the housing industry seems to confirm what the housing stocks have been…

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Art Institute students face changing world of design: Businesses should keep interior designers in demand

Facing an expanding world of corporate rebranding, homier hospital rooms and high-tech theaters in every suburb, students entering the field of interior design know they’ll be doing more than redecorating high-end homes. What once was considered predominantly a luxury service for wealthy homeowners wanting to expand their drawing rooms, interior design became a necessity in business years ago. Today, a majority of interior designers handle both residential and commercial work. And a growing number of firms that specialize in commercial…

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Steel Dynamics seeks part of former Olin site: Metal recycling operation would serve expanding Hendricks County mill

The site of the former Olin Brass factory on the near-west side might soon roar to life again if a plan to erect a metal recycling operation there comes through. A joint venture between Fort Waynebased Steel Dynamics Inc., Chicagobased Metal Management Inc. and local hauler Ray’s Trash is seeking city approval to install a metal shredder and recycling operation on about 40 acres at Holt Road and Airport Expressway. The venture, called Metal Dynamics LLC, would accept scrap metal…

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VOICES FROM THE INDUSTRY: Mediocre planning efforts don’t invite people to stay

Analysts say the housing market is slowing in Indianapolis and across the nation. Perhaps that’s why three significant, real estate developments have attracted so much local media coverage recently. In one story, the City-County Council approved the development of 28 condos in Broad Ripple, despite strong resistance from the neighborhood association. Meanwhile, local planning councils easily approved two new developments-a subdivision on the far northeast side of town that will feature almost 2,000 homes and a large condominium complex in…

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Lucas owner says skeptics off base: ‘Small company’ big enough to handle major deal, he says

The Indianapolis Colts had to be convinced that California-based Lucas Oil Products Inc. was the right company to buy its stadium naming-rights package. Football franchise executives were quickly converted, but the deal still has its detractors. A month after the 20-year, $121.5 million agreement was announced, sports sponsorship experts remain skeptical it will pan out. “This is a heavy investment for such a small company,” said William Chipps, senior editor of Chicago-based IEG Sponsorship Report. “I can tell you it…

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EYE ON THE PIE: Waiter shines light on education

I spent most of a recent weekend in the hospital, but no one seems to want to hear that story. It wasn’t much of a story, as it turns out, but the bill, which will fall on you, will be enormous. My part of the bill will be small because I am covered by Medicare and private health insurance. This means you will see my use of the health care system reflected in your future taxes and in your future…

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Federal patent legislation could mean major changes: Proposed reform act could cut down on ‘trolling’ and litigation by switching approvals to a first-to-file system

Pending federal legislation could bring sweeping changes to a patent system critics say is broken and in need of repair. The Patent Reform Act-before Congress since last year-presents the most substantial overhaul in decades. Significant changes include creating a process to challenge patents after they are granted and awarding a patent to the first person to submit paperwork. Patents currently are granted to the first person who hatched the invention, regardless of when documents were filed. Time frames, though, can…

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WellPoint freezes pensions: Insurer joins national trend, shifts focus to 401(k) plan

WellPoint Inc. quietly froze pension contributions for most of its 42,000 employees earlier this year, a move that draws criticism but falls in step with what many other big employers are doing. The Indianapolis-based health insurance giant noted deep in an annual report filed late last month that on Jan. 1 it stopped adding pay credits to the pension accounts of employees not nearing retirement. The insurer rang up a $2.5 billion profit last year and, unlike some other companies…

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STATEHOUSE DISPATCH: Low poll numbers don’t seem to slow Daniels’ agenda

For a guy whose approval level is about as low as-well-the president’s, and who was pushing a program about as popular as turning over supervision of vital national assets to a foreign entity (see the parallels yet?), Gov. Mitch Daniels sure enjoyed some major success this legislative session. He just signed a wide-ranging telecommunications deregulation measure he had strongly advocated, placing Indiana at the cusp of reform in the field, after several years of the Legislature’s refusing to move off…

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Markey’s sells off sales unit: Move by audio-visual firm creates new tech company

Markey’s Audio Visual, a south-side company that’s decked the stage for some of corporate America’s flashiest meetings and conventions, has sold its equipment sales and integration unit to a new firm owned by a competitor and by a family member. Sensory Technologies is held by Anne and Andy Sellers, principals of Indianapolis-based Video Images LLC-and by Kevin Markey, who headed Markey’s sales and integration. The sale last week, for an undisclosed price, allows the 47-year-old Markey’s to focus on its…

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