Articles

Super Bowl study

Indianapolis Mayor Greg Ballard has made quite a production of putting together an executive team to study whether bidding to be the host of the 2012 Super Bowl is a worthwhile endeavor.

Some in the sports business sector are not quite…

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Inside the new convention center

Ratio Architects today unveiled detailed interior plans for a $275-million expansion of the Indiana Convention Center. The light-filled expansion will feature elevated walkways and a carpet pattern designed to mimic the Hoosier landscape. The plans were revealed at a meeting…

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Game on

Anyone in sports can appreciate the excitement of opening day. At IBJ, we’ve spent weeks planning a sports business blog, and we’re excited to announce that today is our opening day.

The Score will be a place for sports business fans…

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Fox black flags Danica ad

 Motorsports insiders have been skeptical
 about  Danica Patrick’s self-promotion plan ever
 since she raced onto the open-wheel scene
 more  than five years ago.

 From her spread in men’s magazine FHM to her
 bad-girl persona, Patrick never has been afraid to shake…

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Super Bowl bid strengthens

The winds of optimism are blowing toward Indianapolis when it comes to hosting the 2012 Super Bowl.

New Indianapolis Mayor Greg Ballard this week plans to announce that Central Indiana Corporate Partnership CEO Mark Miles will lead an effort to study…

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Local builders slash jobs, offices to survive housing slump

At the market’s peak, builders churned out more than 12,000 new homes a year in central Indiana. In the current slump, new-home
production has dropped to fewer than 7,000 per year, leaving builders with no choice but to slash prices, eliminate hundreds
of jobs, and look to unload huge chunks of office space.

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Financial troubles mount for local developer: Memo: Unpaid contractors are demanding payment

Premier Properties USA Inc. is scrambling to keep up with bills for basic services including snow removal, security and interior design-more signs of financial troubles for the developer of Metropolis in Plainfield and the proposed Venu project in Indianapolis. The local firm is facing liens of more than $3.5 million for unpaid work on its Plainfield retail properties, and an internal e-mail obtained by IBJ suggests Premier’s problems don’t stop there. The e-mail, from Premier executive Mike Diamantides, says pressure…

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Lucas Oil is looking good

More than 1,000 workers a day in two shifts are scrambling to finish Lucas Oil Stadium, installing everything from seats and concession stand equipment to portions of…

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LOS

Here are some photos of the new Lucas Oil Stadium shot during a tour on Jan. 24. I was a guest of the Concord Business Association.

Lucas  Oil  Stadium

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Cummins expansion in Columbus

Cummins Inc. plans to build a four-story, 100,000-square-foot building as part of a revitalization of the old Commons Mall in Columbus. The project calls for demolishing much of the mall and replacing…

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When factories close, what’s next?

A Bloomington developer is planning a $20-million revival of the former Thomson Consumer Electronics plant on the city’s near east side. The 50-acre Sherman Park property has become an eyesore since the…

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Holy condos! Look at Meridian Arch

One of the city’s most unique condo projects, a reuse of the former Meridian Street Methodist Episcopal Church at 802 N. Meridian St., is almost done. The first new residents of the…

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2 restaurants plan new locations

Broad Ripple’s Naked Tchopstix is expanding its original location and adding another along 96th Street. A new bar is scheduled to open this week at the Broad Ripple sushi hotspot….

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Former RCA industrial site to get $20M rehab

A Bloomington company that revived a former Thomson Consumer Electronics/RCA plant in that city is taking a shot at redeveloping
one of the largest industrial eyesores in Indianapolis, also a former RCA complex. Pinnacle Properties plans to spend $20
million redeveloping the 13-building property northwest of Sherman Drive and East Michigan Street.

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Condo building nears completion

Workers are putting finishing touches on the exterior of a new 17-unit condo building dubbed 707 East North on the eastern edge of downtown. The $20 million…

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BREAKING: GE to close Bloomington plant

The General Electric Co. said today that it will close its massive refrigerator plant in Bloomington by the end of 2009, displacing about 900 employees. The company said the Bloomington operation lost about $45 million last year, thanks to declining side-by-side refrigerator sales and rising material and labor costs. “Despite continued investment by the company […]

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BREAKING: GE to close Bloomington plant

The General Electric Co. said today that it will close its massive refrigerator plant in Bloomington by the end of 2009, displacing about 900 employees. The company said the Bloomington operation lost about $45 million last year, thanks to declining side-by-side refrigerator sales and rising material and labor costs. “Despite continued investment by the company […]

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Building’s new look takes shape

Tenants have begun moving into the former Zipper Building, now known as The Broadbent Building. Occupants will include real estate firm Broadbent Co. and Brazilian Steakhouse Fogo de Chão. What do you think of the new look? Read More