Indianapolis Business Journal

Boomers are ready to sell the suburban homes where they raised their kids and buy more modest abodes, but are hitting a disconnect in the housing market: Many of today's young families don't want to live in a subdivision or can't afford what the boomers are asking. IBJ's Norm Heikens documents their struggles. Also this week, we present IBJ's annual Meeting & Event Planners Guide, including stories about the growing influence of youth sports on tourism and the challenge of filling Indy's new convention center. And in A&E, Lou Harry checks out IRT's production of "The Crucible," which casts off the shackles of allegory and finds its power in the characters' complexity.

This week, see how the Fishers Redevelopment Commission is helping to remake the fast-growing community and read about why a group of elite investors are giving back most of the money they made from Tim Durham's Fair Finance Co. In  Focus, take a look at the booming rental market in downtown Indianapolis. And in A&E, Lou Harry explores the best of the West at the Eiteljorg.

Everybody knows that Indiana has a problem with brain drain—keeping its talented graduates in-state—right? Wrong. IBJ's J.K. Wall has debunked the conventional wisdom—and the findings of a major study—to show that Indiana actually holds onto a good share of its graduates. Tackling another bit of conventional wisdom, IBJ's Kathleen McLaughlin takes a closer look at the planned nonstop flights between Indianapolis and San Francisco and finds that they aren't as convenient for tech executives as advertised. And Anthony Schoettle finds a local inventor who has discovered that waterlogging doesn't necessarily mean the death of a smartphone.

This week, see what new Indy Chamber chief Michael Huber envisions for the organization and find out why a partisan battle is brewing over the Marion County Sheriff's Department. In Focus, explore the rationale for the trails sprouting throughout the northern suburbs. And in A&E, Lou Harry introduces the new Playscape area at The Children's Museum of Indianapolis.

This week, J.K. Wall examines Mitch Daniels' uphill battle to change the way Purdue University measures student learning, graduate success and the school's overall academic quality. After a year in the job as university president, Daniels still faces skepticism from faculty who view his quantitative approach, miserly style and political bent as counterproductive. In Focus, we present our annual list of the top real estate brokers in central Indiana, with in-depth info on their transactions for 2012. And in Forefront, state legislators go head-to-head in a debate over the best methods to improve the Indiana's economic outlook.

This week, read IBJ's special report detailing how Indianapolis spent nearly $400 million in Rebuild Indy funds and find out how a Noblesville firm helped Budweiser's parent company develop a "revolutionary" beer can. Lou Harry offers a guide to arts events worth trying in the annual A&E Season Preview. And Bill Benner shares his thoughts on college football.

This week: Scott Olson explores a new way cooler-toting sightseers are tooling around town using peddle power, and Andrea Davis shares developer Pittman Partners' plans for a high-profile corner in Zionsville. In Focus, Anthony Schoettle takes a look at how advances in vending machine technology are helping Fastenal grow. And in A&E, Lou Harry offers a beginner's guide to the IndyFringe festival. Plus: IBJ's 2013 Healthiest Employers.

The upcoming MotoGP motorcycle race could be the last at the Indianapolis Motor Speedway, as NASCAR officials lobby instead for a stand-alone race for a newly merged sports-car series. Anthony Schoettle has more on the United Sports Car Series that will kick off in 2014, and the impact in Indianapolis of losing MotoGP. Also this week, Andrea Davis has an inside look at two redevelopment ideas for a seven-acre parcel near Carmel's downtown. The catch is that the projects—priced $33 million and $65 million, respectively—each would require a funding kick from the public. And in A&E, Lou Harry surveys the new goodies offered by food vendors at the Indiana State Fair.

In this week's issue, we have a number of pieces focusing on the city's approach to crime, including news that the tax-averse Ballard administration is willing to consider an income-tax hike to add more police officers. Also this week, Chris O'Malley takes a look at a recent stumble by City Securities Corp., which could lose its grip on the Indiana municipal bond market. And Scott Olson examines the flood of new downtown apartment projects and their possible effect on the retail market. The projects will add another 170,000 square feet of apartment-anchored retail, leading to a potential glut as existing downtown storefronts struggle to find tenants.

This week, read about a series of EEOC complaints filed against WTHR-TV--seven since 2005--by female employees alleging sex discrimination and meet the  three Colts employees who have been on the team's payroll since it called Baltimore home. Also, examine the IU medical school's progress in the research realm. And in Focus, see how Indiana's tourism spending stack up against other nearby states looking to draw visitors.

Indianapolis is in the final stages of preparing a bid for the 2018 Super Bowl, but it's not a done deal. Anthony Schoettle picks the brain of bid committee leader Allison Melangton to unpack the factors that could keep the city from entering the hyper-competitive fray. In Behind the News, Greg Andrews explains why investment advice juggernaut Oxford Financial Group was ordered to pay $2.2 million to an unsatisfied client. And in Focus, Chris O'Malley communes with luxury car afficionados in the nine-county area and reveals which communities have the greatest concentrations of Jaguars, Acuras, Teslas and the like.

Sponsorships are what make IndyCar run, and the open-wheel racing series has just been dealt a blow in its search for a new major sponsor. Anthony Schoettle reports that the executive in charge of corporate sales has resigned just as the series has entered the home stretch of the selling season. Kathleen McLaughlin has an update on Ball State University's new $4.6 million planetarium project, and charges from a contractor that the bidding process was rigged. And in Focus, Jeff Newman dials down in detail the massive process of building Westfield's Grand Park Sports Campus, turning 360 acres of undeveloped land into 57 sport fields.

This week, learn how former Indiana Pacers forward Jonathan Bender turned his career-ending knee injury into the inspiration to become an entrepreneur and develop a medical device for strenthening the lower body. Speaking of inventions, Dan Human reports on the hundreds of patents produced through Indiana's universities over the last 20 years, and a gaping disconnect with the private sector: Many of these developments are simply irrelevant to Indiana's strongest industries. And in A&E, Lou Harry returns to the hallowed Pawn Shop Pub to see how the food fares in the post-smoking ban atmosphere.

This week in IBJ, two CEOs of the area's big hospital systems reveal that their doctors are likely to see pay cuts in the next few years, unless they find new ways to be significantly more efficient. J.K. Wall reports that hospitals are losing millions of dollars on their employed physicians, and that Obamacare and budget battles in Congress are sucking money away from hospitals as well. In Forefront, Indianapolis Mayor Greg Ballard and Terre Haute Mayor Duke Bennett go head-to-head on the question of whether Indianapolis gets more than its fair share from the General Assembly. And in A&E etc., Lou Harry explains why the "Avatar" exhibit at The Children's Museum of Indianapolis is so much better than the 2008 movie.

This week, Anthony Schoettle reports on a classic David-and-Goliath story from Lebanon, where a father-and-son team of engineers developed a ground-breaking innovation in manufacturing and then ran up against an industry conglomerate that apparently stole the technology. Their patent-infringement case has yielded a stunning victory and, potentially, tens of millions of dollars. In Focus, Scott Olson cozies up to the moneyed class and discovers that the market for vacation homes is heating up in Indiana, as buyers encounter fair-market prices on the states many lakes. And in A&E, Lou Harry is successful in his quest for Broadway-quality entertainment with Bob Harbin's production of "Spamalot."

In this week's issue, we detail allegations in an explosive lawsuit filed by one of the best-known families in the Indianapolis corporate world, against one of the biggest names in retailing. Tomisue Hilbert has accused hardware-store magnate John Menard Jr. of pressuring her to have sex with him. The suit claims that Menard then launched a battle to remove her husband, Steve Hilbert, as CEO of the Indianapolis-based private equity funds the three of them started in 2005. Also in this issue, we take a closer look at Carmel-based developer Mainstreet Property Group and how it has tapped government support to help grow its portfolio of skilled nursing facilities. And we present the "Indiana 100," our annual compendium of the biggest and fastest-growing companies in the state, both private and public.

This week, Scott Olson reveals that Columbus-based manufacturing giant Cummins Inc. is interested in expanding its presence in Indianapolis and constructing its own office building downtown. Potentially as large as 70,000 square feet, the building would allow Cummins to grow its visibility in the state's largest city. Also in thsi issue, IBJ presents a profile of dynamic philanthropist Marianne Glick, this year's winner of the Michael A. Carroll Award. And in A&E, Lou Harry has the scoop on the latest features at Conner Prairie Interactive History Park, including a precursor to baseball called "Rounders."

This week, J.K. Wall explores the likelihood that the Indianapolis area's four major hospital systems will merge and shrink down to two. While the change isn't imminent, national trends in health care suggest mergers might happen soon. Also, Anthony Schoettle takes you into a tiny gym on the northwest side of downtown where top college and pro basketball stars face off in the Knox Indy Pro Am Summer League. And in A&E, Lou Harry heads for a state museum not so far away (actually, downtown; you know the one) to soak in the inspired geekery of  "Star Wars: Where Science Meets Imagination."