Bustling foot traffic at lunchtime and at night helps sustain many of the restaurants, shops and galleries in the vibrant
Mass Ave downtown neighborhood. But few of the Massachusetts Avenue shoppers and diners on foot venture east of the psychological
barrier that is College Avenue.
The 2007 session of the Indiana General Assembly is now history. Whatever else might have been involved in shaping its outcome, nothing was so determinative as the revelation in the closing days that property taxes-driven by the first application of trending, rising property values in general, the elimination of the inventory tax, and some old-fashioned political legerdemain on the part of some assessors in different regions of the state-were expected to rise an average of 24 percent for taxes payable…
A 140- to 160-room boutique hotel straddling the Central Canal has been added to the mix of proposals to develop a nearly one-acre parcel the state owns but wants to lease out for development. Four groups submitted plans by an April deadline, but details were not released until May 1. IBJ reported the specifics of two of the proposals April 16. The newly released plans from Wichita, Kan.-based LodgeWorks LP are by far the most ambitious, calling for the state…
The Indiana Economic Development Corp. did OK in the just-completed legislative session. IEDC received $96 million it can
now dole
out as business grants. And lawmakers had authorized tax credits worth millions more for the commercialization of new…
A redesigned state Web portal unveiled last month should make it easier for Hoosiers to plow through mounds of government minutia. But, more important, the revamping set to be finished in mid-2008 represents a major shift in state policy. By contracting with locally based ChaCha Search Inc.- tech entrepreneur Scott Jones’ new humanassisted Internet search engine-the state no longer relies solely on big, name-brand computer technology such as Microsoft. “We have somebody who is local and excited about taking the…
Stephen Goldsmith has taken a director position of a new infrastructure finance and investment group created by Capital Source, a Chevy Chase, Md., investment and asset management group. The new unit will buy and finance long-term transportation, utility and recreation assets in the United States, Capital Source said today. During two terms as Indianapolis mayor […]
INDIANAPOLIS HAS: Seating for up to 73,000 and a retractable roof at Lucas Oil Stadium, set to open in 2008. The press box seats 200, but event space could be converted for additional media use. PRACTICE FACILITIES NFL WANTS: Comparable practice facilities for both Super Bowl teams, including a covered field with the same turf as the stadium, locker rooms for players and coaches, meeting rooms, and laundry service. INDIANAPOLIS HAS: The Colts’ 56th Street football complex. Bid organizers have…
A high-profile local firm that quietly negotiated last fall to salvage the stalled redevelopment of the Market Square Arena
site abandoned its plans when the city decided instead to solicit new proposals early this year.
NASHVILLE, TENN.-Preparation and practice are taken care of. All Indianapolis’s Super Bowl bid team can do now is hope for a payoff. City boosters were set to make their 15-minute presentation today before NFL owners vote on a site for the 2011 game. Indianapolis is vying against regional bids from North Texas and Arizona. A […]
NASHVILLE, TENN.-Lucas Oil Stadium isn’t the only local sports venue that would see action if NFL owners pick Indianapolis to host the 2011 Super Bowl. Indianapolis Motor Speedway would be decked out for the league commissioner’s prestigious Friday night party, and Conseco Fieldhouse would be the site of a “star-studded concert” on the eve of […]
NASHVILLE, TENN.-Indianapolis’ Super Bowl bid has been delivered. Now comes the wait. A five-person contingent from the Circle City, led by Baker & Daniels partner Fred Glass and headlined by Indianapolis Colts Coach Tony Dungy, spent more than 20 minutes in a closed-door meeting with NFL owners. They emerged a few minutes before 1 p.m. […]
Carol D’Amico has been publicly silent since the board passed over her for president of Ivy Tech Community College in March.
But a letter her attorney dashed off a day after the vote says she deemed neither of the finalists for the job qualified and
the selection process ripe for a lawsuit.
Indianapolis was no less a great sports city the afternoon of May 22 than it was the morning of May 22. Without question, among most (but not all) of our citizenry, the disappointment of not being awarded the 2011 Super Bowl was profound, especially so for those who put all their heart, soul, creative energy and tiring effort into crafting the bid. And for those who have never liked Dallas Cowboys owner Jerry Jones even a little bit-yes, that’s my…
Indianapolis’ bid to host the 2011 Super Bowl missed by inches, but observers said the city nevertheless scored major points
that still could result in a victory. But not without suiting up again.
STARTUP MOBIUS LABS Software tester tries training, too Type of business: software testing Location: 9229 Delegates Row, Suite 290 Phone: 218-7709 E-mail: [email protected] Web site: www.mobiuslabs.com Founded: March 2007 Owner: Alan Wlasuk Owner’s background: Alan Wlasuk, 56, has a bachelor’s degree in math from Drexel University and a master’s in computer science from Ohio State University. About 20 years ago, the software developer founded two local enterprises for AT&T. Then 14 years ago, he created software-development firm Wlasuk, Delporte and…
A private equity consortium of Carlyle Group and Onex Corp. has bid the most for Allison Transmission, according to the Financial Times, which quoted anonymous sources. Owner General Motors wouldn’t comment, but the newspaper said the Carlyle and Onex bid was awaiting approval from the United Auto Workers last week. The other bidders-a party that […]
City officials are seeking bids to redevelop 7.5 acres northeast of downtown in the Martindale neighborhood. The property is the old Ertel Manufacturing plant at 2045 Dr. Andrew J. Brown Ave. The…
Lawrence Utilities LLC, the private operator of the water and sewer system for the city of Lawrence, filed for Chapter 11 bankruptcy protection today. An attorney for the Lawrence-based utility, George Hopper, said the action was taken to protect the utility’s investment in the system and combat soaring legal bills stemming from its ongoing skirmish […]
In the less than two years since Mark Miles, 53, took over the CEO-driven Central Indiana Corporate Partnership in 2006, he’s
transformed it into an economic development powerhouse for life sciences, information technology and advanced manufacturing.
How so fast? He started networking with Indiana’s political heavyweights more than 30 years ago. And he never stopped.
First Indiana Corp.’s announcement that it would be sold to Milwaukee-based Marshall & Ilsley Corp. for $529 million in cash
came just 17 days after sale discussions began. Banking observers have speculated for weeks that First Indiana acted fast
to cut a deal before it would have to report second-quarter results.
