AUG. 29-SEPT. 4, 2011
This week, find out why the Indianapolis area is losing jobs faster than its peers and read about a deal struck in criminal case that cost some big-name central Indiana companies millions of dollars. In Focus, imagine the possibilities for the former GM stamping plant site. And in A&E, etc., Bill Benner weighs in on the problem with college football.
Front PageBack to Top
Developer rolls out $40M plan for Keystone site
A local developer has acquired the northwest corner of 86th Street and Keystone Avenue and is working on plans for a $40 million apartment and retail project.
Read MoreCity would take hit if NBA labor strife cancels season
Indianapolis might find out soon what life would be like without the Indiana Pacers and it won’t be good, say downtown business owners, government officials, marketing experts and sports economists.
Read MoreBackers seek support for 2-mile streetcar line downtown
Downtown Indianapolis Streetcar Corp. said a circulator route between downtown and the Indianapolis Zoo in White River State Park might cost $20 million to $25 million to build and equip.
Read MoreTop StoriesBack to Top
This year’s metro area job losses deeper than in peer cities
As the national economy sputters, the Indianapolis area is losing jobs faster than its peers, falling to levels not seen since 2002.
Read MoreNot all fun and games for north-side comedy club
New owners’ focus on business practices, bigger-name comedians put Morty’s Comedy Joint on stronger footing.
Read MorePlea deal in fraud case provides restitution to Clabber Girl
A high-living Manhattan businesswoman accused of an audacious fraud that cost some of central Indiana’s marquee companies millions of dollars has cut a deal with prosecutors that would ensure she spends no more than 31 months in prison.
Read MoreBall State geothermal plant powers economic engine
Ball State University leaders hope the school’s $87 million geothermal plant paves the way for others like it—as an economic-development opportunity as much as an environmental effort.
Read MoreHarrison College taps social media to help online students
The for-profit school formerly known as the Indiana Business College has overhauled its online interface.
Read MoreCity to seek more parking for Rolls-Royce’s move
The Capital Improvement Board will be charged with helping Rolls-Royce Corp. find up to an additional 500 parking spaces to accommodate the company’s move to a downtown office campus formerly occupied by Eli Lilly and Co.
Read MoreFocusBack to Top
Experts say options abound for former GM stamping plant
The 2-million-square-foot GM Indianapolis Metal Center, closed this year, sprawls over more than 100 acres on the west bank of the White River and enjoys some of the best views of the downtown skyline.
Read MoreGM site ripe for manufacturing or a judicial center
The Urban Land Institute panel’s plan for the General Motors plant site ignores some realities in favor of presenting a relatively predictable New Urbanism redevelopment plan.
Read MoreFirst step: Tear stamping plant down
Tear it down and clean it up was the message delivered by a former redevelopment director from South Bend as she spoke to representatives from cities who were about to lose their GM plants.
Read More‘Expand the smorgasbord’ at former GM site
Indianapolis has a rich history of turning challenging redevelopment projects into local success stories, and I have no doubt the GM Stamping Plant will become part of that history as officials determine the best uses for the expansive site near downtown.
Read MoreSustainability, more new jobs key to GM site
Why not look at the entire neighborhood instead of just this old site?
Read MoreSecond-quarter commercial real estate stats for Indianapolis
IBJ's Commercial Real Estate Focus sections include statistical snapshots of Indianapolis' multi-tenant office vacancy rates and the local industrial market. Click here for multi-tenant office vacancy data. Click here for industrial market stats.
Read MoreOpinionBack to Top
EDITORIAL: Invest in the underemployed
Armies of people find themselves lingering on the sidelines.
Read MoreMORRIS: Don’t forget that work needs to be fun
Let’s try and leave some mad money in the budget.
Read MoreKENNEDY: Here’s a revenue enhancement for you
We should decriminalize, tax and regulate marijuana, and focus on treatment and prevention for those with genuine addictions.
Read MoreETZKORN: ‘Tsunami’ of business sales coming soon
More than half of all businesses are owned by baby boomers and, while they may be working past age 65, eventually they will retire.
Read MoreALTOM: Stashing your assets? Find out which safe is best
It turns out that safe sales have blossomed recently, because investors fleeing the thrashing stock market are now often sitting on gold, jewelry and even cash.
Read MoreHICKS: High taxes are myth, not America’s problem
In too many places, government does things the private sector does better and cheaper.
Read MoreSKARBECK: Global investors should heed exchange rate trends
Exchange rates are determined, at least in theory, by purchasing power parity.
Read MoreRusthoven wrong on pension claim
Peter Rusthoven’s [Aug. 22] column about raising the federal debt limit included a major error worthy of a retraction and an apology.
Read MoreBurton applauded
As lawmakers mull whether the mortgage interest deduction should be on the chopping block to rein in the growing federal deficit or change the federal tax code, U.S. Rep. Dan Burton should be commended.
Read MoreHealth law hitting insurance agents
Not only are these “minimum medical loss ratios” destabilizing state insurance markets, thus leaving consumers with fewer choices, but they’re also putting insurance agents out of business.
Read MoreWe’re rebalancing, not losing our way
In response to “Congress let us down across the board” [Doran Moreland column in the Aug. 22 Forefront], has the author considered that the sharp divide in Congress might have something to do with the trillions of dollars at stake?
Read MoreFair tragedy stirred Coliseum memories
On the last night of October 1963, a propane tank exploded during the final presentation of an ice show. Seventy-four members of the audience were killed.
Read MoreIn BriefBack to Top
Citizens Energy gets interest-rate bargain on bonds sold for utility purchase
Stock-market swoon contributes to favorable terms on purchase of city’s water, sewer systems.
Read MoreDig-IN tasting festival looks to create independent foundation
Event at White River State Park wants to create ongoing source of support to connect Indiana farmers with grocery stores, restaurants and consumers.
Read MoreUnited Way of Central Indiana likely to keep administrative fee
The Buffalo chapter eliminated its fee on designated gifts.
Read MoreAllisonville bridge closure will be abbreviated
The Indiana Department of Transportation will close the busy span over Interstate 465 for five months instead of seven.
Read MoreTechPoint’s Innovation Summit adds speaker
SocialMediaExaminer.com founder Michael Stelzner will give the opening address at the Nov. 8 event.
Read MoreRoche Diagnostics to get indirect boon from new test
New drug for metastatic melanoma packaged with genetic test should help Roche sell more of its cobas 4800 laboratory testing systems.
Read MoreNFP of NOTE: Happy Hollow Children’s Camp
Happy Hollow Children’s Camp provides residential camping activities to encourage the development of social, mental, spiritual and physical growth of children through the challenges of outdoor living and learning.
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