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Wal-Mart nears deal on city’s northwest side: Neighbors hope retail behemoth will revive corridor

January 3, 2005

Wal-Mart Stores Inc. is said to be getting closer to selecting a site in the Lafayette Square area for a SuperCenter, a move retail experts say would be a boost for the struggling commercial corridor. The world’s largest retailer has scouted the area around 38th Street and Lafayette Road for at least a year, but a decision on a site could happen in the next few months, according to several real estate sources. Unlike the situation surrounding a proposed SuperCenter…

Major sewer system renovations await federal approval: With waste pouring into White River almost every time it rains, Indianapolis is in dire need of sewage overhaul

January 3, 2005

The city’s long-term plan to prevent the flow of raw sewage into White River and its tributaries should receive federal approval soon, nearly five years after Mayor Bart Peterson introduced a proposal to fix the antiquated system. City officials expect to receive permission from the Environmental Protection Agency in April to proceed with a plan to construct tunnels, underground storage tanks and new sewers to capture raw sewage that would otherwise overflow into waterways during heavy rains. Peterson presented his…

INVESTING: Dow constructed his averages to do technical analysis

January 3, 2005

As a technical analyst I am fascinated by history. I was a history major in college, so my interest here predates my addiction to financial markets. The predictive ability of technical analysis depends on people acting in ways similar to what they did in the past. Which means technicians spend a lot of time studying the past. Long before fundamental analysis became the standard by which investors attempt to figure out future prices, technical analysis was being used to give…

Readers say transportation should top city’s agenda: Growing traffic delays, struggling IndyGo system, possible rapid transit system among issues facing planners

January 3, 2005

The average Indianapolis motorist sits in traffic delays more than nine times longer than he or she did 20 years ago: 37 hours a year vs. just four hours in 1982, according to a recent study by the Texas Transportation Institute. Growing delays have not only brought inconvenience and lost productivity, but also have earned the metro area “nonattainment” with federal air-quality standards. That raises the specter of expensive vehicle-emissions testing. IBJ Daily readers ranked solving congestion/public transportation issues as…

SUSAN WILLIAMS Commentary: Simon redesign is something to celebrate

January 3, 2005

SUSAN WILLIAMS Commentary Simon redesign is something to celebrate What a nice way to start 2005, with a new, improved design of the Simon headquarters. At the start of a new year, it seems appropriate to reflect. The chain of events that led to the redesign of this important building marks a turning point in the “coming of age” of our city and its approach to the built environment. Urban design and design criteria for our downtown have been topics…

Weight center waits: Bariatric surgery hospital had been scheduled to open in mid-2004

January 3, 2005

Michigan-based Forest Health Services LLC launched plans in 2003 to build a two-story inpatient bariatric hospital at Intech Park off 71st Street and then applied a year ago for a license to operate it. The hospital would treat people with severe weight problems. Workers completed most of the construction on the 37,000-squarefoot building last spring, but little has happened since. A letter filed last January with the Indiana State Department of Health said Forest Health anticipated a June or July…

Federal grants are flying to Indiana airports: Record money a boon for capital improvements

January 3, 2005

Indiana airports landed record federal grants of $61.9 million in fiscal 2004 for everything from building taxiways to extending runways to transmitting weather data to pilots. The $17 million, or 38 percent, increase from 2003 could bode well for economic development in cities with growing airports, such as Columbus. “About 65 percent of our traffic here is business during the week. The more accessible we become, it’s bound to have an impact,” said Rod Blasdel, manager of Columbus Municipal Airport….

Growing convention business creates tough decisions: Mayor outlines possible solution for expanding center and adding stadium, but funding battle looms ahead

January 3, 2005

Consider Indianapolis a victim of its own success. The city’s efforts to make a name for itself as a convention destination have worked-almost too well. The Indiana Convention Center is at capacity with 40 major events a year, and two of its biggest customers are moving to roomier digs. What began as a “what if” discussion about adding space to accommodate more business has turned into a “must do” conversation about keeping what’s already here. “That’s what really drove it…

The recession hits churches

January 3, 2005

Churches, which tend to ride out recessions better than many other institutions, are struggling to finish building projects, reporter Kathleen McLaughlin writes in this weekend’s IBJ.

The recession and stock market downturn have forced parishioners to scale back commitments, resulting in…

January 3, 2005

The Carmel Redevelopment Commission recently voted unanimously to accept Keystone Groupâ€™s proposal to redevelop an entire city block in Old Town Carmel. The four-story mixed use development will include 150 luxury apartments, high-end shops and restaurants plus a…

Around town retail roundup

January 3, 2005

More Mini-Medical Clinics Coming. A Tennessee-based company that operates small healthcare centers in nine states plans to open so-called Little Clinics in at least three local Kroger grocery stores. It filed plans this month to open the roughly 300-square-foot clinics…

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Articles

Wal-Mart nears deal on city’s northwest side: Neighbors hope retail behemoth will revive corridor

Major sewer system renovations await federal approval: With waste pouring into White River almost every time it rains, Indianapolis is in dire need of sewage overhaul

INVESTING: Dow constructed his averages to do technical analysis

Readers say transportation should top city’s agenda: Growing traffic delays, struggling IndyGo system, possible rapid transit system among issues facing planners

SUSAN WILLIAMS Commentary: Simon redesign is something to celebrate

Weight center waits: Bariatric surgery hospital had been scheduled to open in mid-2004

Federal grants are flying to Indiana airports: Record money a boon for capital improvements

Growing convention business creates tough decisions: Mayor outlines possible solution for expanding center and adding stadium, but funding battle looms ahead

The recession hits churches

Around town retail roundup