Duke upends growth plan, focuses on paying debt
In this horrendous environment, nothing is more important for a debt-laden public company than proving it can pay its bills
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Ohio developer lands $39M FBI contract-WEB ONLY
The federal government is hoping the third time’s the charm for a newFBI field office in Indianapolis. The U.S. General Services Administration said today it has awarded thedeal to Ohio-based Fedcar Company Ltd., which plans to build a$39.8-million campus on 14 acres near Interstate 465 and AllisonvilleRoad in Castleton. The deal has been a bureaucratic […]
Ohio developer lands $39M FBI contract-WEB ONLY
The federal government is hoping the third time’s the charm for a new FBI field office in Indianapolis. The U.S. General Services Administration said today it has awarded the deal to Ohio-based Fedcar Company Ltd., which plans to build a $39.8-million campus on 14 acres near Interstate 465 and Allisonville Road in Castleton. The deal […]
After two decades, future bright for Catheter Research Inc.
Catheter Research Inc. now is flying high—even in the midst of a bad economy.
Persistence pays off-WEB ONLY
Catheter Research Inc. should have disappeared a long time ago. But the Indianapolis company has persevered through numerous challenges-17 straight profitless years, a bankruptcy reorganization, a stint as a subsidiary of Biomet Inc., and a dispute among its owners. It now is flying high-even in the midst of a bad economy. Catheter Research grew its […]
Local contractors looking to sewer project to fill gap left by stadium, terminal-WEB ONLY
Local contractors will be ready to pounce when bidding on the first parts of the combined overflow project begins in 2011. They’re hungry for more mega projects following completion last year of the $1.1 billion midfield terminal at Indianapolis International Airport and the $720 million Lucas Oil Stadium. Members of the Indiana Construction Association are […]
Nature Conservancy HQ to be energy efficient
The Nature Conservancy is finalizing plans for a $4.4 million headquarters at 620 E. Ohio St.
Local contractors looking to sewer project to fill gap left by stadium, terminal
Local contractors will be ready to pounce when bidding on the first parts of the combined overflow project begins in 2011.
VeraSun wants to sell Indiana biofuel development-WEB ONLY
South Dakota-based VeraSun Energy Corp. has asked a bankruptcy court for permission to sell most of its assets by March 31, including five plants to Valero Energy Corp. for $280 million, the company said last Friday. The agreement with Valero includes a key development site in the small Indiana city of Reynolds, and production facilities […]
Fall Creek Place plans retail and restaurant
The not-for-profit King Park Area Development Corp. is working on plans for a retail development at the vacant northeast corner of 22nd and Delaware streets.
Conservancy plans take shape
The Nature Conservancy is finalizing plans for its new $4.4-million headquarters at 620 E. Ohio St. downtown. The not-for-profit group is planning a two-story, 20,000-square-foot…
Stimulus to change dynamics at Statehouse-WEB ONLY
There’s no doubt that Gov. Mitch Daniels, lawmakers and school officials will cash the check when Indiana receives its share of a federal stimulus package making its way through Congress. Daniels and legislators began this session expecting to have little new money to spend over the next two years, but now the state and its […]
A new anchor for Fall Creek Place?
Check out this rendering of plans for the vacant northeast corner of 22nd and Delaware streets. The two-story project would be built to…
Towers eyed for renewal-WEB ONLY
Two concrete public-housing towers near Mass Ave downtown can seem like a world apart from the bustling, pedestrian-friendly urban neighborhoods nearby. The Indianapolis Housing Agency is hoping to change that. The group is asking developers to pitch plans to build new residential or commercial space on land surrounding the 21-story John J. Barton Apartments at […]
EASY TARGETS?-WEB ONLY
Not so long ago, most Indiana public companies were firmly in control of their destinies. Now after seeing their stock prices plunge, many would be little more than sitting ducks were outsiders to launch takeover bids. If anybody’s still got the money and chutzpah to buy, that is. “The year will be dominated by buyers with […]
Those responsible for hiring Sampson at IU should show accountability
Now that the NCAA has decided not to punish Indiana University further for basketball infractions, the athletic program must
concentrate on building an honest, successful sports program.Indianapolis lands 2015 men’s Final Four
Indianapolis will host the 2015 men’s Final Four basketball tournament, the NCAA announced today. A men’s Final Four is considered a financial coup, bringing in $50 million for the host city, the NCAA estimates. Other winners announced today are New Orleans, 2012; Atlanta, 2013; Dallas/Fort Worth, 2014; and Houston, 2016. The sites were selected from […]
Brainard defends Keystone project
Carmel Mayor James Brainard is trying to convince his city to pay up to $52 million more than the original amount allocated
for a roundabout interchange project designed to ease congestion on Keystone Avenue.Airport terminal to rent out space, keep many employees in old facility
The new, $1.1 billion terminal at Indianapolis International Airport likely won’t house as many airport employees as the existing
facility. Instead, portions of the terminal are being set aside for their revenue-generating potential.More than the Whistle Stop
The former Whistle Stop Deli at 901 East 64th St. isn’t the only building along the Monon Trail the city’s parks department is…