JUNE 6-12, 2011
This week’s issue features a profile of the Eli Lilly and Co. retiree who’s now in charge of Christamore House, the Haughville community center that almost went under last year. You’ll also find Who's Who in Life Sciences and a story on the growing popularity of electric cars in Indiana, as well as Lou Harry’s performing arts summer preview.
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Front PageBack to Top
Kosenes take on ex-partner in court
Principals in Kosene & Kosene Development have sued a former partner, claiming he’s trying to cut them out of a city-supported deal to redevelop the former Bank One Operations Center downtown.
Read MoreReal estate deals picking up around Fashion Mall
Owners of the Sheraton Indianapolis are converting one of its towers into luxury apartments, and developers are vying to replace the vacant Woodfield Centre.
Read MoreSleepy Klipsch buyer out to make some noise
Audiovox Corp., the Hauppauge, N.Y.-based company that recently bought the high-end audio firm Klipsch Group, hopes to use the $167 million deal to win over Wall Street.
Read MoreTop StoriesBack to Top
Comcast chasing bigger biz clients
The cable giant now is pitching in Indianapolis suburbs its metro Ethernet product to businesses with 20 to 500 employees.
Read MoreStartup aims to make online car shopping easier
The horrible experience John Kohlmeyer’s mother had trying to shop for a car online inspired him to create DriveVelocity, a company that not only overhauls dealer websites but also packages all their Web-based customer-relationship tools.
Read MoreLilly retiree runs Christamore on smaller budget
Christamore House, a west-side community center that was in danger of closing its doors last year, recently hired an Eli Lilly and Co. retiree as executive director. Bill Scott, 57, took on the job to give back to the Haughville neighborhood where his grandmother and other relatives lived.
Read MoreMultiple tenants likely needed to plug Nordstrom hole
Nordstrom occupies a staggering 210,000 square feet spread across three floors—60 percent more space than the Seattle-based chain occupies at the Fashion Mall at Keystone and likely more than any single retailer would be willing to lease.
Read MoreWho’s Who in Life Sciences – 2011
In a monthly feature that runs in the first issue of the month, through October, IBJ is identifying influential players in eight different industry categories. Formidable brainpower sums up the individuals included in our list of Who’s Who in Life Sciences.
Read MoreWork to begin on rare Washington Township home sites
The transformation of a wooded ravine immediately north of Park Tudor School into an 11-lot gated community will bring to market a rare commodity: a cluster of new-home sites in densely populated Washington Township.
Read MoreHoosiers in line for $30M in rebates
Only 19 of the 63 companies writing individual health insurance policies in Indiana have been meeting the new 80-percent medical-loss threshold of the health care reform law, potentially triggering a refund for customers.
Read MoreFocusBack to Top
Electric vehicles gain traction in region
Indianapolis has one of the highest concentrations of plug-in electric vehicle drivers in the nation, an industry official says.
Read MoreMassive recycling plant in Indianapolis pays off for Republic Services
A $4M machine sorts newspaper, glass, plastic quickly from as far away as Evansville.
Read MoreOpinionBack to Top
EDITORIAL: TIF-district plan deserves support
The tax districts allow the city to capture new property tax payments within specific boundaries and apply those funds to infrastructure upgrades and other incentives designed to lure private investment.
Read MoreMORRIS: Making a case for Dillard’s in Indy
Indianapolis has been ignored long enough. It’s time to bring Dillard’s here, and the Circle Centre opening presents a great opportunity.
Read MoreMARCUS: Should we have commuting policies?
In 2009, 80 percent of Hoosiers worked in the county where they lived, with the other 20 percent going elsewhere to work. Hardly a change from data 10 years earlier.
Read MoreKENNEDY: We need to get our civics game on
Right now, Americans are deeply involved in one of our periodic debates about government spending and the budget deficit. Important as that is, I am more concerned about our civic deficit—the widespread lack of basic constitutional literacy.
Read MoreMaurer takes unfair political shots
Mickey Maurer’s May 31 commentary was a nice tribute to Gov. [Mitch] Daniels and was a somewhat humorous and tongue-in-cheek piece, that is, until he decided to take some cheap shots.
Read MoreIndianapolis libraries need funding
On a recent visit to my local library, I couldn’t help but notice the buzz of activity—a mother reading to her toddler, children and adults taking advantage of computer and Internet access, a middle-aged gentleman working with spread sheets on his laptop, and a line of people at the main desk waiting to check out items.
Read MoreHICKS: Recession took its toll on under-educated
The hard truth is that all the jobs lost in the economy that will return already have. So what will become of those who lost jobs to the recession for which none await them now? The prognosis is none too optimistic.
Read MoreSKARBECK: Finding a bright spot in dismal housing news
One analyst even declared that, relative to disposable income, housing is more undervalued than at any time in the last 35 years. So it is an attractive time to buy a house if you plan to be a long-term owner.
Read MoreALTOM: Will WiFI remote revolution help business?
Google is already staking out its territory by writing Google @Home, an ambitious attempt to make Android into a one-place home remote-control station.
Read MoreIn BriefBack to Top
Bidders at Mecum auction revved up spending
Marengo, Ill.-based Mecum Auctions Inc. recorded vehicle sales in Indianapolis of more than $47 million, versus $41.7 million in 2010.
Read MoreEverly extends ISO contract through 2017 season
Jack Everly, a native of Richmond, has been principal pops conductor since 2002, but his work with the ISO began much earlier.
Read MoreHospitals may be near saturation point on physician hiring
Over the last three years, all major hospitals in Indianapolis have been active in hiring physicians. Competition was especially intense for cardiologists.
Read MoreCummins creates buzz with high-efficiency pickup engine
The prototype four-cylinder diesel engine would hit 28 miles per gallon in Nissan’s Titan pickup truck.
Read MorePeyton Manning’s foundation doubles giving
The PeyBack Foundation made its largest grant distribution to date, with $800,000 going to 147 organizations in Indiana, Louisiana and Tennessee.
Read MoreBull-themed Cadillac Ranch takes over Music Mill
Nightclub Cadillac Ranch plans to open a location in the former Music Mill restaurant and concert venue on 82nd Street.
Read MoreNFP of NOTE: HVAF of Indiana
HVAF of Indiana is dedicated to eliminating homelessness for veterans and their families through prevention, education, supportive services and advocacy.
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