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Articles

Chicago mimicking Indy sports strategy

December 29, 2011

Tourism leaders in Chicago are launching an initiative some observers think is a direct shot at Indianapolis. In October, the Chicago Convention and Tourism Bureau formed its own sports commission and fed it $300,000 in startup cash.

Officials steered lease deal to Bales

January 19, 2012

State officials in 2005 vowed to run a competitive process to select a private firm to handle real estate leasing for public agencies, but a 20-page request for services to more than 400 potential bidders was a sham, according to three people with knowledge of the process.

$28M didn’t get Super Bowl donors many perks

January 19, 2012

Indianapolis Super Bowl organizers raised $28 million from 131 mostly corporate donors to put on the NFL’s showcase event by simply asking—and promising almost nothing in return.

Lilly eying deal with Turkish drug company

January 31, 2012

Eli Lilly and Co. is among about a half-dozen companies interested in buying a stake in Mustafa Nevzat Ilac Sanayii AS in a deal that may value the Turkish drugmaker at $1 billion, sources say.

Indiana liquor law could crimp Super Bowl parties

February 2, 2012

Indiana is among a handful of states that ban carryout liquor sales on Sundays. Even hosting the NFL's most-celebrated spectacle won’t change that.

After the Super Bowl, what’s next for Indianapolis sports?

February 8, 2012

Barely a week has passed since Indianapolis hosted America’s most popular sporting event, and already the Indiana Sports Corp. is retooling its playbook.

LEADING QUESTIONS: Debriefing with Super Bowl chief

February 9, 2012

LQ_Melangton_Watch_VideoHost Committee CEO Allison Melangton opens up about the last three years. Why is she called "The Binder Whisperer"? How did she react to pushback against "super scarves"? When did she need to get tough with the NFL?

WellPoint fires exec after Medicare woes

February 13, 2012

WellPoint Inc. finally canned the head of its consumer business after a string of disappointing results, and the move hasn’t further spooked the company’s jittery investors. Although that’s not saying much.

City aims to erase surface parking for developments

February 16, 2012

Several downtown surface parking lots are targeted for redevelopment, with a couple already well on their way to being filled with a mixture of commercial and residential projects.

Serial entrepreneur builds more than business

February 23, 2012

Westfield resident Jenn Kampmeier is a CEO—that’s “chief everything officer” in the get-it-done world of startups—who prefers an even-loftier title: Mom.

Rare Wes Montgomery recordings up for auction

February 24, 2012

Bidding on the jazz guitarist’s 1950s recordings, packaged as a limited-edition vinyl album, will be accepted on eBay until Friday evening. Proceeds benefit the American Heart Association.

MainGate chasing NFL apparel deal

March 1, 2012

Indianapolis-based MainGate Inc. is in hot pursuit of the NFL’s exclusive Super Bowl on-site merchandise contract. And it might not be the only local company pursuing the multimillion-dollar deal.

State economy finally gaining traction

March 1, 2012

Leading indicators for Indiana’s economy are looking up: Banks are increasing lending, real estate developers are pulling the trigger on long-shelved projects, manufacturers are expanding, and consumers are even buying big-ticket items, including automobiles.

Lilly to try again to remove poison-pill provisions

March 6, 2012

Eli Lilly and Co.’s board is once again recommending the removal of a provision that makes the company an almost impossible target for hostile takeovers. The same proposal has fallen slightly short at each of the past two annual shareholder meetings.

Ex-One Call execs turn on each other in latest venture

March 15, 2012

Lawsuit alleges two of six partners in Qtego seized control and locked them out of the northwest-side firm, which developments telecommunications technology.

Ozdemir emerges as powerhouse in Indianapolis real estate

March 15, 2012

Keystone Group, Turkish immigrant Ersal Ozdemir’s 10-year-old development firm, is orchestrating some of central Indiana’s most ambitious projects, including a $15M Broad Ripple parking garage and the $60M million mixed-use Sophia Square in Carmel.

Irvington apartment, streetscape projects clear hurdles

March 19, 2012

Two significant construction projects are closer to starting in Irvington, where the district’s East Washington Street commercial corridor is bouncing back even as one of its key buildings faces demolition.

Developer, contractors brawling over FBI construction project

March 29, 2012

The developer and contractors who built the FBI’s new $39 million Indianapolis field office, just north of Castleton Square Mall, are squabbling in court a year after wrapping up work on the project.

City narrows field of contenders vying to develop Mass Ave parcel

March 29, 2012

A midrise mix of apartments and first-floor retail is the most likely replacement for a 1.45-acre Mass Ave parcel occupied by the Indianapolis Fire Department.

Emmis sues Hungary for political interference in radio bids

April 5, 2012

Hungary is being sued for political interference in awarding radio licenses, renewing doubts over press freedoms in the nation as the government tries to convince the European Union that it respects media independence.

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