General Hotels lands 5 new properties
General Hotels Corp. will manage five more hotels in Indiana and Ohio.
IBJ Staff
Articles
City targets Georgia Street for $12.5M makeover
The project will create an event-friendly corridor from the expanded Indiana Convention Center to Conseco Fieldhouse.
Fraud scheme nets Indianapolis man 15 years in Texas
Louis Simpson bilked investors of $948,500 by claiming to operate a program with the Department of Housing and Urban Development.
Subaru adding production at Lafayette plant
Japanese automaker has boosted employment by 200 since August to meet demand for its Outback and Legacy models.
HardingPoorman acquires Saint Clair Press
The deal brings together two of the Indianapolis-area’s largest commercial printers.
Vontoo CEO to receive TechPoint Trailblazer Award
Robert Compton will receive the honor for his contributions to the state’s high-tech sector at the Mira Awards program May
15.
Sale of Memory Gardens restores $20M in trust funds
Acquisition by Indianapolis-based funeral home and cemetery business by Pennsylvania-based company will preserve funds depleted
by former owner.
Goldsmith to become New York deputy mayor, reports say
Goldsmith, 64, was Indianapolis mayor from 1992 to 2000. He will replace Ed Skyler, 36, who is leaving the post to join Citigroup.
Goldsmith named deputy mayor of New York City
The former Indianapolis mayor will become a deputy mayor and oversee the fire and police departments.
Wishard Foundation appoints new leader
Ernest Vargo II’s Vargo’s top priority will be guiding the foundation’s $50 million capital campaign for the construction
of the new, $754 million Wishard Hospital.
ExactTarget reports record quarterly revenue
The Indianapolis-based e-mail marketing firm posted revenue of $29 million in the first three months of the year, a 37-percent
increase from the same period last year.
EDITORIAL: Don’t abandon basic services because of tax caps
The property tax caps that are all but sure to become part of the Indiana constitution after a voter referendum
this November
are definitely good politics—and might prove to be good policy. We won’t know for sure until we see what becomes
of two property-tax funded entities that are starving as the caps fully phase in.
Car detailing, oil changes added to Indianapolis International Airport’s repertoire
Such “value added” services are a key part of the airport’s strategy, said John Clark, CEO of the Indianapolis
Airport Authority.
Speedway native launches professional basketball team
Speedway businessman Tim Hicks will launch the Indianapolis Drive next fall as part of the ABA’s 11th season.
Entrepreneurial couples banking on demand for art
One art-collecting couple has opened a fine-art gallery in Zionsville, while the founder of a contemporary craft show is planning
a boutique in Irvington.
Work begins on Penn Arts apartment, retail project
Renovation work finally has begun on the building at 16th and Pennsylvania streets. Developer Christopher Piazza found two
equity partners for the project because banks were unwilling to lend.
Coles Marketing lands account for gardening firm
The locally based firm will serve as the ad agency for SteadyGro, which aims to optimize soilless plant growth.
Indianapolis beats Louisville on visitors, but not space
Together, the Kentucky International Convention Center and the Kentucky Exhibition Center offer cavernous space. However,
Indianapolis is attracting more guests.