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Articles

City deal would cost CIB-WEB ONLY

June 20, 2009

The Capital Improvement Board could be forced to give up one of its most profitable assets so the city can pull off a $65-million public-private downtown development deal. The city has agreed to help a developer revitalize the vacant former Bank One operations center in part by acquiring an adjacent parking garage for $18.5 million. […]

City still on list of possible World Cup hosts-WEB ONLY

June 17, 2009

Lucas Oil Stadium has made the cut of stadiums to be considered for a U.S. bid to host the 2018 and 2022 World Cup soccer tournaments. The list this week of possible sites to be included in the U.S. bid was trimmed from the original 58 candidates released in April to 45 sites in 37 […]

City still on list of possible World Cup hosts-WEB ONLY

June 17, 2009

Lucas Oil Stadium has made the cut of stadiums to be considered for a U.S. bid to host the 2018 and 2022 World Cup soccer tournaments. The list this week of possible sites to be included in the U.S. bid was trimmed from the original 58 candidates released in April to 45 sites in 37 […]

LOS makes World Cup cut

June 16, 2009

Lucas Oil Stadium has made the short list for the 2018 and 2022 FIFA World Cup soccer tournament. Well, the one-year-old retractable-roof stadium actually made a shortened list.

The list this week of possible…

New deal could save Indiana-made Hummer-WEB ONLY

June 2, 2009

General Motors Corp. said today that it has tentatively agreed to sell its Hummer brand, a day after the U.S. automaker filed for bankruptcy protection with hopes that it will transform its most profitable assets into a new company within just 30 days. The Detroit-based company did not name the proposed buyer or the price, […]

Daniels says cost of I-69 extension can be cut-WEB ONLY

May 19, 2009

A new $3.1 billion price tag for the extension of Interstate 69 between Indianapolis and Evansville can be reduced by ignoring some federal rules, Indiana Gov. Mitch Daniels said. Speaking yesterday at a meeting of the Chamber of Commerce of Southwest Indiana in Evansville, Daniels said the latest Indiana Department of Transportation estimate could be […]

Daniels says cost of I-69 extension can be cut-WEB ONLY

May 19, 2009

A new $3.1 billion price tag for the extension of Interstate 69 between Indianapolis and Evansville can be reduced by ignoring some federal rules, Indiana Gov. Mitch Daniels said.Speaking yesterday at a meeting of the Chamber of Commerce of Southwest Indiana in Evansville, Daniels said the latest Indiana Department of Transportation estimate could be trimmed […]

Wilhelm wins stadium connector project-WEB ONLY

May 19, 2009

Indianapolis-based F.A. Wilhelm Construction Co. Inc. has been chosen to build a street-level enclosed connector linking the Indiana Convention Center to Lucas Oil Stadium, the Indiana Stadium & Convention Building Authority announced yesterday afternoon. Wilhelm, which bid $11.8 million for the project, submitted the lowest bid of six companies vying for the work, said Lori […]

F.A. Wilhelm wins stadium connector project-WEB ONLY

May 18, 2009

Normal 0 false false false MicrosoftInternetExplorer4 Indianapolis-based F.A. Wilhelm Construction Co. Inc. has been chosen to build a street-level enclosed connector linking the Indiana Convention Center to Lucas Oil Stadium, the Indiana Stadium & Convention Building Authority announced this afternoon. Wilhelm, which bid $11.8 million for the project, submitted the lowest bid of six companies […]

Measuring stimulus job creation difficult-WEB ONLY

April 29, 2009

When Ed Pegler was laid off from his highway construction job four months ago, the 47-year-old father of two didn’t know when he’d be back to work. Then the phone rang. There was a job, paid for by the federal stimulus law. It’s a story the White House hopes to repeat 3.5 million times, to […]

In recession, homebuyers’ attitudes shifting-WEB ONLY

April 28, 2009

The spring selling season is traditionally one of the busiest for area real estate agents, but this year brokers say they’re confronting a new challenge: buyers’ emotions. With the economy in a slump, agents say today’s homebuyers are often protracting negotiations, making extreme low-ball bids and pushing for major repairs and improvements before they’ll sign […]

‘Buy local’ offers no protection for bad businesses

April 27, 2009

These days, the "buy local" crowd seems to have a stronger voice. I am gleeful about this for a variety of reasons, but it
is helpful to view some of their claims with a bit of skepticism. At least that is what economists should do.

LOS may score World Cup windfall

April 24, 2009

Indianapolis is in the running to host Word Cup soccer games in 2018 and 2022. It’s a long, long way from a done deal, but two things are certain. First, Indianapolis…

Price tag for I-69 project growing

April 20, 2009

The environmental report shows that the extension for Interstate 69 will cost at least $3 billion.

Price tag for I-69 project growing-WEB ONLY

April 18, 2009

Click here to see a map of the project. If the latest estimates to build two sections of Interstate 69 downstate are any indication, what was once predicted to be a $1.8 billion extension from Evansville to Indianapolis is now headed north of $3 billion. The higher estimated costs for two sections totaling 54 miles […]

Minority, women contracts rise for Convention Center project

March 30, 2009

The hiring of minority- and women-owned
businesses to work on the $275 million Indiana Convention Center expansion is far ahead of state requirements and has surpassed
rates that were registered for the $715 million Lucas Oil Stadium project.

Hiring goals on track-WEB ONLY

March 28, 2009

The hiring of minority- and women-owned businesses to work on the $275 million Indiana Convention Center expansion is far ahead of state requirements and has surpassed rates that were registered for the $715 million Lucas Oil Stadium project. More than 28 percent of the $215 million in bids awarded so far has gone to minority- […]

Daniels signs Indiana coal-gasification bill-WEB ONLY

March 24, 2009

Gov. Mitch Daniels has signed into law a bill he says will save Indiana’s natural gas users billions of dollars in the coming years. The law allows the Indiana Finance Authority to negotiate 30-year contracts to buy and sell synthetic natural gas from a coal-gasification plant that is planned for construction along the Ohio River. […]

Biotown USA development site acquired-WEB ONLY

March 18, 2009

Valero Energy will buy seven ethanol plants and a key development site in the Indiana city of Reynolds from VeraSun Energy for $477 million, the largest biofuel buyout ever in terms of production capacity. VeraSun, the country’s second largest ethanol producer, filed for Chapter 11 bankruptcy protection last October. VeraSun suspended construction of a 110-million-gallon-a-year […]

Development site in ‘Biotown USA’ acquired-WEB ONLY

March 18, 2009

Valero Energy will buy seven ethanol plants and a key development site in the Indiana city of Reynolds from VeraSun Energy for $477 million, the largest biofuel buyout ever in terms of production capacity.   VeraSun, the country’s second largest ethanol producer, filed for Chapter 11 bankruptcy protection last October. VeraSun suspended construction of a […]

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