Organizers of the inaugural World Class Driving Festival at the West Baden Springs Hotel Sept. 3-7 hope to put Indiana
on the map when it comes to exotic cars and potentially lucrative business opportunities surrounding the accompanying lifestyle.
Five airlines at Indianapolis International Airport–all of them paying higher fees and rents to help
pay for the $1.1 billion midfield terminal–complain they may be stuck footing the bill for part of the
$214 million FedEx cargo-hub expansion.
Even for those with
a vested interest in the battle over a proposed landfill near Anderson, it’s hard to get too worked up over the latest twist
before the courts or government agencies. After all, the Mallard Lake Landfill battle is in its 29th year.
Five airlines at Indianapolis International Airport–all of them paying higher fees and rents to help pay for the $1.1 billion midfield terminal–complain they may be stuck footing the bill for part of the $214 million FedEx cargo-hub expansion. The dispute is detailed in a recent Federal Aviation Administration decision on a complaint filed in April 2007 by Northwest Airlines, Delta Air Lines, AirTran Airways, Continental Airlines and Southwest Airlines. It provides a rare look into the sometimes fractious relationship between…
Even for those with a vested interest in the battle over a proposed landfill near Anderson, it’s hard to get too worked up over the latest twist before the courts or government agencies. After all, the Mallard Lake Landfill battle is in its 29th year. The latest development, one that opponents of the project had hoped was the silver bullet to fell their garbage Dracula, is starting to look just as inconclusive as countless other chapters, at least for now….
State environmental regulators are catching an earful for what some businesses complain is a rush to aggressive new rules
for remediating land contamination. Developers worry the Indiana Department of Environmental Management’s proposals, which
could require comprehensive site cleanup, will discourage brownfield redevelopment, especially the reuse of tainted-but-valuable
land in urban areas.
Citizens Gas & Coke Utility on Aug. 25 will announce a new name and logo that reflect the diversification of its energy businesses and the closure last year of its 98-year-old foundry coke plant. Citizens Energy Group will be the name of the parent, a utility founded 120 years ago. Two units-Citizens Gas and Citizens Thermal-will retain their names. But a third, Citizens By-Products, will be renamed Citizens Resources. “We’re entering a new era,” said Citizens President and CEO Carey…
A California dry cleaning company whose own financial viability is in doubt has submitted the high bid in U.S. District Bankruptcy Court in Delaware to buy 23 Tuchman Cleaners stores in the Indianapolis area. Newport Beach-based US Dry Cleaning Corp. reported a negative cash flow of $4.8 million in the nine months ended June 30 […]
Small towns with a heart Spurning sprawl, more towns upbeat on downtown From Andy Griffith’s Mayberry, the small town evolved into the likes of Avon, Ind. The tree-shaded bungalow on Oak Street within walking distance of the town center became the vinyl-clad, single-family home planted in a former cornfield with a contrived name ending in […]
From Andy Griffith’s Mayberry, the small town evolved into the likes of Avon, Ind. The tree-shaded bungalow on Oak Street within walking distance of the town center became the vinyl-clad, single-family home planted in a former cornfield with a contrived name ending in “creek” or “woods” or “farms.” Residents have to jump in the car if they want to buy a cup of coffee or to patronize the predictable chain restaurants and bigbox retailers. The Best Buy on Avon’s main…
Six current and former University of Indianapolis professors who in late 2006 alleged business school dean Mitch Shapiro
violated hiring practices and created a hostile work environment got what they wanted last month.
From Andy Griffith’s Mayberry, the small town evolved into the likes of Avon, Ind. The tree-shaded bungalow on Oak Street within walking distance of the town center became the vinyl-clad, single-family home planted in a former cornfield with a contrived name ending in “creek” or “woods” or “farms.” Residents have to jump in the car if they want to buy a cup of coffee or to patronize the predictable chain restaurants and bigbox retailers. The Best Buy on Avon’s main…
Worsening gas prices and congestion have some commuters demanding faster progress on launching a rapid transit line. They can quibble about slowness in getting it done, but lack of study hasn’t been an issue. The Indianapolis Metropolitan Development Organization spent $4 million since 2002 on a rapid transit study that concluded earlier this year, according to records provided by the agency. Most, or 80 percent, of the funds paid to eight consulting firms came from federal transportation funds, with 20…
Each year, the 30,000 people who ride the Fishers fair train disembark at a depot east of Fall Creek and shuffle 228 feet across the historic 39th Street bridge, which leads to Gate 6 of the Indiana State Fairgrounds. Few likely give much thought to the crumbling condition of the bridge, other than noticing that a large block of stone railing has broken off at the west end. But, below, stones also have fallen off the sides of an arch…
The acquisition of Europe’s largest distributor of mobile phones dialed up expenses and lowered second-quarter net profit for Brightpoint Inc. The Plainfield-based wireless phone distributor, which recently acquired Dangaard Telecom, lost $2.3 million, or 3 cents a share, in the period ending June 30 compared to a profit of $17.7 million, or 35 cents a […]
One of the nation’s largest inventory financing companies for independent car dealers, Dealer Services Corp., will move a mile up the road to larger headquarters in Carmel. Dealer Services will occupy 26,000 square feet in City Center at Penn Office Plaza. The company said it has outgrown its 13,000-square-foot headquarters at Two Penn Mark Plaza, […]
Busy touting restaurants, artwork and other luxuries of the $1.1 billion midfield terminal, the Indianapolis Airport Authority
is still grappling with a few details arguably more important to passengers. Among them: How much will it cost to park? The
answer might be among the more surprising aspects of midfield. Officials are considering slashing rates
for the 5,900-space successor to Indianapolis International’s existing 1,776-space garage.
Several landmark commercial properties fronting Interstate 465 on the northeast side could be in the path of bulldozers
when the state begins adding lanes as early as 2012. Memos prepared by a consulting firm to the Indiana
Department of Transportation go as far as estimating acquisition prices for buildings, including that of
country station WFMS-FM 95.5 and other Cumulus Media stations at 6810 N. Shadeland Ave.
Standard & Poor’s Rating Service has raised Indiana’s credit rating to its highest-ever, allowing schools and other agencies to borrow money at lower interest rates. Standard & Poor’s pushed the rating to “AAA” from “AA+,” where it had stood since 2006. The was due in part to property tax reform, low-overall state debt levels, a […]
Carmel’s play for the arts Some fear it will come at Indianapolis’ expense The $80 million-plus Carmel Performing Arts Center, a neo-classical-styled concert hall designed to be an acoustical masterpiece, is still two years from opening. But it’s already the source of some dissonance in the Indianapolis arts community to the tune of Mozart’s String […]
