Articles

Airport hotel in limbo

The recession, coupled with personnel shifts, have grounded the more than $50-million hotel project adjacent to the new terminal.

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Twice-bankrupt ATA finally folds

Any hopes that hometown airline ATA would make a comeback and eventually resume scheduled service from Indianapolis were dashed
April 2, when it filed for bankruptcy and ceased operations.

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Fund to fuel ethanol use out of gas

A state fund supporting an 18-cent-a-gallon tax credit for gas stations selling E85 ethanol was exhausted in the first three
months of the state’s new fiscal year.

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Stadium, airport terminal open

The $720 million Lucas Oil Stadium opened in August, just in time for the Indianapolis Colts’ season. Indianapolis International Airport’s $1.1 billion midfield
terminal, meanwhile, took off in November.

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Transit isn’t just an expense; it’s an investment

The Metropolitan Development Commission gave Indianapolis area transportation planners the green light Nov. 12 to do an expedited
study that would show locations, cost and potential ridership for mass transit routes region-wide.

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Dreyer & Reinbold adds Maserati luxury line

In the midst of one of the worst financial markets in decades, Dennis Reinbold has launched Maserati of Indianapolis at his
Dreyer & Reinbold BMW Infiniti-Mini complex on the north side.

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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.

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