Articles

Tax-break deadline spurs spec homes in Parade

This spring’s Parade of Home is being held about two weeks earlier than normal to help builders lure homebuyers who want to
take advantage of federal incentives intended to give the residential real estate market a boost. Builders also are taking
chances on more spec homes.

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Lugar Tower project delayed by lack of tax credits

Renovation of apartment building owned by the Indianapolis Housing Agency will have to wait, after it failed to receive the
necessary federal backing to fund it. Three other IHA projects, including Caravelle Commons, will move forward, however.

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Entrepreneurs lose clout as VC funds get stingier

Most local venture funds are standing pat because the economy is weak and they’re no longer
in fund-raising mode. Having invested most of their funds, the firms have shifted to the nurturing, or “harvesting”
stage, to try to improve investment returns.

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Urban expert lauds Indianapolis for progress

Native Hoosier Aaron Renn, who writes the popular Urbanophile blog, said Indianapolis stacks up well against its Midwestern
counterparts and can compete for jobs with national hot spots such as Portland, Ore.

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Blue Bell ice cream coming to Indianapolis

Texas-based Blue Bell Creameries will begin selling its ice cream in nine metropolitan Meijer stores beginning April 5. Distribution
will be assisted by the building of a 12,000-square-foot facility on the northwest side.

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Columnist Kravitz dropped from radio show

Sports columnist Bob Kravitz made his final appearance on The Fan’s afternoon radio show on Monday. Emmis Communications Corp.
executives said the decision was based, in part, on the show’s “financial performance.”

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On-air roster changes afoot at Emmis stations

Emmis Communications Corp. is shuffling several prominent on-air personalities at its Indianapolis radio stations' beginning
Monday.The moves involve Big Joe Staysniak and Steve Simpson of WIBC, Ed Wenck of WLHK and
Dan Dakich of WFNI.

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