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Articles

VAUGHN: Door keeps revolving at Statehouse

December 21, 2012

With Republican super-majorities in both Statehouse chambers and a newly elected governor eager to make his mark on state government, the upcoming legislative session could get controversial real fast.

Auction of Charlestown family farm tops $1 million

December 7, 2012

The auction of one of the oldest remaining family farms in southern Indiana was watched closely by farm and preservation advocates.

Tax software upstart proves appeal to major companies

December 6, 2012

AppealTrack’s simplicity gains attention in growing market for firms managing property tax appeals.

Design stars land contract for transit hub

November 21, 2012

Architect Daniel Libeskind is part of an international team chosen to design a proposed IndyGo transit hub.

Hope for Hostess? Judge pushes sides into mediation

November 19, 2012

Hostess Brands Inc. will hold talks with its bakery workers’ union on Tuesday to explore the reasons for a strike that the maker of Twinkies and Wonder bread said will force it to liquidate.

Hostess to close all plants, fire thousands of workers

November 16, 2012

Hostess Brands Inc. said Friday it will close all of its plants, leading to the loss of hundreds of jobs in Indiana and thousands more nationwide. The company employs 288 in Indianapolis.

MELANGTON: When it comes to sports, strike while the iron is hot

November 7, 2012

In many ways, our schedule of events defines Indiana Sports Corp. That—along with our youth initiatives that will touch 185,000 young people throughout Indiana this year—is what separates us from our competitors in 500 other markets throughout our country.

IU hires Goldman Sachs to advise on parking leases

November 2, 2012

The university made the move after its Board of Trustees agreed to study the possibility of a 30- or 50-year lease. Some trustees and faculty representatives have questioned whether it would be a good move.

City bans bulk land-bank sales after lopsided deal with not-for-profit

November 1, 2012

Indianapolis last year sold 154 properties from its land bank for $1,000 each to a novice not-for-profit, which immediately flipped them for a total $500,000 profit. More than a dozen have changed hands multiple times since then, making investors more than $1 million. (with interactive map)

State may revoke accused liquor license speculator’s permit

October 29, 2012

The Indiana Alcohol & Tobacco Commission says Slobodan Lakich bought a license last year for $9,000, then tried to flip it for $30,000.

City selects developers for Mass Ave project

October 24, 2012

City officials have picked the apartment specialist J.C. Hart Co., retail developer Paul Kite Co. and architecture firm Schmidt Associates to redevelop a prime Mass Ave parcel currently occupied by the Indianapolis Fire Department.

Billie Creek future uncertain after auction

October 22, 2012

The auction of western Indiana historic site Billie Creek Village generated a combined $550,000 in bids, but it's not clear yet whether any bid will be accepted.

Lottery Commission inks contract, losing bidder files protest

October 12, 2012

Hoosier Lottery officials on Friday signed a 15-year contract with private manager GTECH Indiana, which promised to return $1.76 billion to state coffers over the next five years.

Some hospitals, doctors might be cut from health plans

September 28, 2012

With health insurance premiums continuing to outstrip inflation, some health insurers and hospital systems are considering bringing back an old strategy: limiting patient access to a “narrow” network of doctors and hospitals.

Paving signals progress as I-69 creeps north

September 25, 2012

Paving on both northbound and southbound lanes of Interstate 69 from Evansville to the U.S. 231 interchange in southern Greene County is nearly completed.

Citizens agrees to buy Westfield utilities for $91M

September 24, 2012

The proposed sale to Citizens Energy Group would include Westfield’s water and wastewater utilities. Citizens bought water utilities from the city of Indianapolis last year for $1.9 billion.

Senior housing slated for old Lawrence school building

September 21, 2012

The Whitsett Group plans to invest $6.5 million to convert the building on East 46th Street into 60 senior housing units. The Lawrence Township school district put the structure on the block, and Whitsett submitted the winning bid.

IBJ Commercial Real Estate Power Breakfast – transcript

September 19, 2012

A panel conversation with Katie Culp, senior managing director, principal, Cassidy Turley; Mike Higbee, president, DC Development Group; Christie B. Kelley, chief financial officer, executive vice president, Duke Realty Philip; G. Kenney, president, F.A. Wilhelm Construction Co.; Thomas K. McGowan, president and chief operating officer, Kite Realty Group; and Tadd M. Miller, CEO, Milhaus Development LLC.

MainGate, Lids score Super Bowl merchandise deals

September 13, 2012

A pair of Indianapolis-based companies recently scored the largest single-event deal in the world of U.S. sports licensing, unseating 24-year incumbent Facilities Merchandising Inc. to win lucrative deals at the 2013 Super Bowl in New Orleans.

Director: Bidders must meet Indiana lottery standards

September 7, 2012

Indiana won't turn its lottery over to a private company if bidders don't meet the state's high standards, the executive director of the Hoosier Lottery said Friday.

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