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.
The worst is likely behind us, but difficult times lie ahead, especially for the unemployed.
Within weeks, EnerDel expects to receive notification that it’s getting as much as $480 million in financing under a U.S.
Department of Energy program aimed at fostering advanced vehicle manufacturing.
The city has unveiled a dramatic plan for new housing and retail development to revitalize the old Market Square Arena site.
Despite some shortcomings, the project deserves a chance to give the stagnant area a boost.
A $65 million public-private plan for the redevelopment of a vacant downtown office building is raising eyebrows for its unusual
approach and potential risk to taxpayers. The plan calls for a private developer to acquire the former Bank One operations
center, surface parking lots and an adjacent
parking garage from a private owner for $18.5 million, then sell the 1,680-space garage to the city for $18.5 million.
We need not have an arch to rival St. Louis, but more communities could copy work done on the north side of Bloomington and
the west side of Columbus to welcome visitors and bolster the pride of residents.
Westfield’s mayor says the city’s rapid growth and small staff are to blame for accounting problems raised in a State Board
of Accounts audit.
With the help of outside economists, Indiana government undergoes an economic forecast every other yearâ??a process that’s taken on increased importance this spring, as Gov. Mitch Daniels and the Legislature attempt to craft a two-year budget amid the deepest recession since the early 1980s.
The process of assessment could be simplified and performed uniformly and inexpensively.
Local leaders and, soon, a national team of experts, are quietly developing a strategy to revitalize Marion County’s biggest
concentration of brownfield sites and impoverished urban neighborhoods, centered at East 22nd Street and the Monon Trail.
Many lament the loss of what might be called timeless values. I place these into two categories; both are exemplified and sustained by military service.
A panel of five veterans of real estate and construction provided industry insights at IBJ‘s Power Breakfast May
1 at the Westin Indianapolis.
Put some progressivity into Indiana tax rates when passing the Indiana state budget.
I am truly disgusted after reading the latest in the perennial saga of the CIB.
Barney Levengood, executive director of the financially-struggling Capital Improvement Board, is one of the state’s highest-paid public employees, and some wonder if his pay should be cut.
Ind. Gov. Mitch Daniels will call the Legislature into special session to pass an acceptable budget, but some legislators think a budget that would satisfy the governor cannot be crafted by the contentious partisans in this developing fiasco.
No doubt the transition to a low-carbon economy will bring great challenges for Hoosier businesses, given how carbon-intensive
our society is. However, if we take proactive steps, Indiana can emerge as a standout success story.
Indianapolis still looks like a city with momentum, despite the dismal economy. But appearances can be deceiving.
Well-intentioned or not, competent or not, the so-called “leaders” [sports columnist Bill Benner] referenced in your [May 4] column failed miserably in representing the best interests of taxpayers and instead presided over an unconscionable transfer of wealth from “We the people” to a small number of professional sports owners and players.
Assigning responsibility for what stuck us with a special session is a political post-session must, but playing the blame
game usually isn’t a productive exercise.
