Indianapolis Business Journal articles from January 2008

Indianapolis Business Journal archives from January 2008

Hot tickets: colts' suite holders devise strategies to maximize value of prized boxes.
January 7, 2008... [ILLUSTRATION OMITTED] FedEx District Sales Manager Doug Knowles hustled through the halls of the Indianapolis office last spring like he was responsible for delivering the parcel service company's next-day freight himself. Knowles...

Rash of deals saves Gazelle: Jones' venture-capital fund ranks above peers that launched before tech boom went bust.(Scott Jones of Gazelle TechVentures)
January 7, 2008... Back in 1999, investors in Gazelle TechVentures expected a sprint to spectacular profits. Instead, they got a marathon slog. According to Gazelle Chairman and largest investor Scott Jones, it was like training for a race on a sunny day,...

State sells itself across state lines: ads try to lure Illinois, Michigan businesses.
January 7, 2008... Indiana's friendly economic development rivalry against Michigan and Illinois is heating up. Confident that its business costs are lower, Indiana has begun a six-month advertising campaign designed to attract companies across the state line....

Nat City Center nabs Veolia: utility leases part of space vacated by Simon.(Veolia Water North America Operating Services L.L.C. contracts with Simon Property Group Inc.)
January 7, 2008... Paris-based utilities giant Veolia Water has reached a deal to move its North American headquarters into the 16-story National City Center, providing a boost to a downtown building still reeling from the loss of Simon Property Group Inc. ...

Running with the bigs: Growing local retailer takes aim at sporting-goods giants.(The Running Co.)(Company overview)
January 7, 2008... [ILLUSTRATION OMITTED] Retired Olympic distance runner Bob Kennedy is still moving as fast as ever. Riding the wave of the post-1990s running boom, Kennedy--along with his business partner Ashley Johnson--have grown The Running Co....

Convention president pushed for expansion: Successor to retiring Bedell will have much space to fill.(Bob Bedell of Indianapolis Convention and Visitors Association)
January 7, 2008... Bob Bedell worked behind the scenes for months--if not years--to make the case for expanding the Indiana Convention Center and building a 1,000-room hotel nearby. But someone else will have to take the next step: filling both venues with...

Schools bring business into the classroom: students learn from CEOs, race-car drivers, others.
January 7, 2008... When Marian College asked race-car driver Michael Crawford to help launch the school's entrepreneur-in-residence program and mentor students about real-world business, he wasn't sure if it was such a great idea. "My hesitation was I didn't...

New closings undercut east-side mall's revival: tenants since '74 opening have seen huge changes.
January 7, 2008... The handful of retailers who have persevered through hard times for Washington Square Mall felt encouraged in recent years as newcomers Steve & Barry's University Sportswear and Buffalo Wild Wings arrived. But the holiday season brought grim...

Burn foundation targeting campus fire deaths: federal grant will help carry DVD's message to thousands of colleges.(People's Burn Foundation)
January 7, 2008... A local not-for-profit has received a $1 million grant to help keep college kids safe from fires, some of which are set as pranks. The People's Burn Foundation will begin pilot testing a DVD video on fire prevention and mail a final version...

Children's Theatre Institute getting its own stage: space will host its plays, other performing arts groups.
January 7, 2008... After nearly nine years of moving from stage to stage, the Children's Theatre Institute is building its own 300-seat theater in hopes of becoming a hub for educational performing arts programs. The Indianapolis-based institute already has...

Of conventions, shopping, smoking: new issues rise with new year.(Indianapolis, Indiana. Airport Authority decides to ban smoking)(Bob Bedell resigns from Indianapolis Convention and Visitors Association)(Editorial)
January 7, 2008... The new year brings new concerns for Indianapolis. Here are just a few of them: Convention transition For much of the past two decades, Bob Bedell has played a key role in helping Indianapolis become a major convention destination....

Good luck to Mayor Ballard.(Commentary)
January 7, 2008... Mayor Greg Ballard has less than a week under his belt of taking on a city that is both on a roll and full of challenges. It's an exciting time to be mayor. An unknown commodity, Ballard has some big shoes to fill with little experience in...

Corrections.(EDITORIAL)(Correction notice)
January 7, 2008... * A story on page 3 of the Dec. 10 issue cited incorrectly a cost estimate by Monte Hoover, chairman of BSA LifeStrnctures, for new hospitals. Hoover said the construction costs for new hospitals average $300 to $400 per square foot. However,...

Change economy to raise incomes.(EYE ON THE PIE)
January 7, 2008... My holiday gift was the latest quarterly data from the U.S. Bureau of Economic Analysis. Santa put them in my e-mail box and I played with them when not attending to ritual family matters. Yes, personal-income numbers for all the states right...

The trouble with public schools: too public.(VIEWPOINT)
January 7, 2008... The problem with public education is that it has become too "public." Back in the days when boards of education possessed all power over construction of school facilities, a few boards around the state were far too eager to build elaborate...

Better tax stats are on the way.(LETTERS)(Letter to the editor)
January 7, 2008... With [Morton Marcus'] mention of data collection by the Indiana Department of Revenue in the [Dec. 24] column, I'm sure you are aware that they are implementing a rule this year that all tax preparers who file at least 100 Indiana returns must...

Franchisees told only part of story.(LETTERS)(Letter to the editor)
January 7, 2008... The article published in the Dec. 24 issue about Noble Roman's provided a forum for three unsuccessful former franchisees to air intentional misinformation. First, Corey Sullivan is quoted as saying his restaurant cost over $400,000. His...

Agendas vary widely as tax-reform efforts heat up.(STATEHOUSE DISPATCH)
January 7, 2008... How did it all seem so simple back in September? The reality of reform is sinking in for lawmakers and interest groups. Hoosiers who demanded serious property tax reform in November-and expected their wishes to be fulfilled--now see...

Citizens must keep their weapons.(LETTERS)(Letter to the editor)
January 7, 2008... I think [Morton Marcus in his Dec. 31 column is] absolutely wrong in [his] gun-control position. The idea that removing people's means to defend themselves will lower crime is just loony. Do you think the criminals will turn their guns in? They...

Blame Legislature, governor for taxes.(LETTERS)(Letter to the editor)
January 7, 2008... I just wanted to compliment [Morton Marcus] on an outstanding opinion piece in the Dec. 24 issue. Cities, towns and counties operate in a feudal system where we have little if any discretion when it comes to property taxes. I have been...

Pacers must address discipline problems.(LETTERS)(Letter to the editor)
January 7, 2008... I just read [Bill Benner's Dec. 17] column and couldn't agree more. It's too bad the Pacer organization can't see the problem. I could really get behind the new guys like [Mike] Dunleavey and [Ike] Diogu. But I have never been a great fan...

Celts parking deal is a win for all.(LETTERS)(Letter to the editor)
January 7, 2008... Congratulations should go to the Indiana Stadium and Convention Building Authority for solving their parking issues with the Colts and at the same time saving the taxpayers in Indiana money. They had written a contract with the Colts to...

Bingham McHale absorbs litigation firm.(ON THE BEAT)(Bingham McHale LIP has acquired McTurnan & Turner )(Brief article)
January 7, 2008... Bingham McHale LIP has acquired the litigation law firm of McTurnan & Turner to boost its litigation unit. Ten attorneys from McTurnan joined Bingham Jan. 1, along with a support staff of seven. Bingham now boasts 62 litigation attorneys and 10...

Listen up--Indiana history hits the airwaves.(ARTS)(Hoosier History Live!, a radio talk shows)(Brief article)
January 7, 2008... Local author Nelson Price will begin hosting a live, weekly radio show on Indiana history on WICR-FM 88.7, starting Jan. 12. The call-in show, "Hoosier History Live!," will cover topics ranging from music and sports to personal stories about...

Economic development group moves to Chase Tower.(ECONOMY)(Brief article)
January 7, 2008... Indianapolis Economic Development Inc., the local economic development organization, or LEDO, that spun off after the IndyPartnership was acquired by the Central Indiana Corporate Partnership, has new digs. Now housed along with the Greater...

National firm enters market.(LAW)(Jackson Lewis L.L.P.)(Brief article)
January 7, 2008... New York-based Jackson Lewis, a national law firm that concentrates on labor and employment issues, now has a part-time presence here. Michael Padgett, a former partner at Bingham McHale LIP, is splitting time between Jackson Lewis' Chicago...

Current in Carmel publishers expanding to Westfield.(MEDIA & MARKETING)(Brief article)
January 7, 2008... Publishers of the Current in Carmel weekly newspaper will launch a similar publication serving Westfield Jan. 29. Current Publishing CEO Brian Kelly said the decision to expand into Westfield just more than a year after launching Current in...

Talking early learning.(PHILANTHROPY)(Early childhood education)(Brief article)
January 7, 2008... United Way of Central Indiana is creating a speakers' bureau to emphasize the need for early childhood education. The bureau will make speakers available to businesses, civic groups "and others interested in early childhood success." Each...

Brown donates $1 million in stock to fight African AIDS.(TECHNOLOGY)
January 7, 2008... Interactive Intelligence Inc. CEO Don Brown has donated $1 million in company stock to the Indiana University-Kenya Partnership, a program that's attempting to prevent and treat HIV/AIDS. It was the single largest private donation since the...

Trip ideas for women.(TOURISM)(Girlfriends Guide to Indiana Getaways)(Brief article)
January 7, 2008... Wondering where to take your next girls' trip? Search no more. Eight central Indiana communities have teamed up to promote getaways to women. The magazine, Girlfriends Guide to Indiana Getaways, debuted in December and will be updated...

ACTUM Group.(ADVERTISING/MARKETING/PUBLIC RELATIONS)
January 7, 2008... Pete Setcoski has joined ACTUM Group as a business skills strategist.

Richard Hardson Bailey/The Agency.(ADVERTISING/MARKETING/PUBLIC RELATIONS)
January 7, 2008... Brian Ross has been named creative director at the Richard Hardson Bailey/The Agency. [ILLUSTRATION OMITTED]

BSA LifeStructures.(ARCHITECTURE/DESIGN/ENGINEERING)(Kayla Green)(Jackie Bieghler)(Carsy Hamilton )(Brief article)
January 7, 2008... [ILLUSTRATIONS OMITTED] Kayla Green has joined BSA LifeStructures as corporate facility coordinator. Jackie Bieghler has joined as a project architect, and Carsy Hamilton has joined as a sustainability consultant.

Fanning Howey.(ARCHITECTURE/DESIGN/ENGINEERING)(Matt Minnich,Jeff Sehloffel,Scot Thomas joined in Fanning/Howey Associates Inc)(Brief article)
January 7, 2008... Fanning Howey has named the following associates: Matt Minnich and Jeff Sehloffel, educational technology designers; Scot Thomas, plumbing designer; Gregg Throckmorton, project architect; Dave Witte, regional information services specialist;...

Wade Trim's Water Resources Group.(ARCHITECTURE/DESIGN/ENGINEERING)
January 7, 2008... Randy Cunningham has joined Wade Trim's Water Resources Group. [ILLUSTRATION OMITTED]

Cripe Architects + Engineers.(ARCHITECTURE/DESIGN/ENGINEERING)
January 7, 2008... Robin Bartelman has joined Cripe Architects + Engineers as director of interior design. Kara Hensley has joined as director of human resources. [ILLUSTRATION OMITTED]

Indiana Business Bank.(BANKING)(Mat Foley)(Alan Oyler )(Brief article)
January 7, 2008... Mat Foley has been named assistant vice president, commercial portfolio manager, at Indiana Business Bank; Alan Oyler has been named senior vice president, commercial. [ILLUSTRATIONS OMITTED]

YMCA of Greater Indianapolis.(CIVIC/NOT-FOR-PROFIT)(Joe Martinez,Jeremy Hatch Young Men's Christian Associations)(Brief article)
January 7, 2008... Joe Martinez has been named director of grant development and management for the YMCA of Greater Indianapolis. Jeremy Hatch has been named senior director of financial development. [ILLUSTRATIONS OMITTED]

Girls Inc. of Franklin / Johnson County.(CIVIC/NOT-FOR-PROFIT)
January 7, 2008... Sonya Ware-Meguiar has been named CEO of Girls Inc. of Franklin / Johnson County. [ILLUSTRATION OMITTED]

Brooke's Place for Grieving Young People.(CIVIC/NOT-FOR-PROFIT)
January 7, 2008... Kelley Romweber has been named president of Brooke's Place for Grieving Young People. [ILLUSTRATION OMITTED]

Big Brothers Big Sisters of Central Indiana.(CIVIC/NOT-FOR-PROFIT)(Barbara Bddges of Firestone Building Products Co.)(Marvin Brown of BKD LLP)(James Dickson of Merrill Lynch)(Brief article)
January 7, 2008... Big Brothers Big Sisters of Central Indiana has added the following directors: Barbara Bddges, Firestone Building Products Co.; Marvin Brown, BKD LLP; Richard Curry Jr., Marion Superior Court Juvenile Detention Center; James Dickson, Merrill...

United Way of Central Indiana.(CIVIC/NOT-FOR-PROFIT)
January 7, 2008... Robin Penny has been promoted to executive administrator in the office of the president. United Way of Central Indiana.

Financial planning titles: a list of acronyms after an adviser's name might look impressive, but those seeking credible advice need to sort through designations.(Focus: WEALTH MANAGEMENT & FINANCIAL PLANNING)(certified financial planner)
January 7, 2008... Investing your money is overwhelming enough already--especially with all the available options without having to fret over whether a financial adviser has the credentials to keep your retirement account afloat. Sure, there are a litany of...

Late action complicates tax planning: AMT legislative fix may mean delays.(Focus: WEALTH MANAGEMENT & FINANCIAL PLANNING)(alternative minimum tax)
January 7, 2008... Expect the early tax-filing season to be a little muddy in 2008--and a tax package already received by mail from the Internal Revenue Service doesn't mean you're off the hook. While many Indiana taxpayers are now protected from additional...

Annual reviews can help prevent financial horror stories.(VOICES FROM THE INDUSTRY)(Individual Retirement Accounts)
January 7, 2008... Sharing stories of success are always a lot more fun for me than horror stories. Nevertheless, much like staring at an accident on the side of the road, most people can't help but find them more interesting. Of course, you have recently...

Weak sectors could have broader effect on economy.(INVESTING)(Viewpoint essay)
January 7, 2008... We all know that the hip bone is connected to, well, you know how it goes. But a lot of people seem to be missing the point that the same principles controlling that biology are an active force in the markets and economy. All the brilliant...

Stocks end '07, open '08 on sour note.(Statistical table)
January 7, 2008... Some of Indiana's best-known companies took a final drubbing as 2007 came to a close, a fitting end to a year that was going well until stocks slid in the fourth quarter. The weak housing market and escalating woes with mortgage-backed...

Those fearing China's economic prowess miss the point.(ECONOMIC ANALYSIS)
January 7, 2008... Fear of China is a staple of protectionist rhetoric. Concern about China's emergent power comes from the formerly thoughtful broadcasters from CNN, the presidential primary trail, the Pentagon and, of course, the blogosphere. What really is...

Kite Realty Group Trust.(PROXY CORNER)
January 7, 2008... Kite Realty Group Trust, 30 S. Meridian St. Ste. 1100, Indianapolis, 46204 (www.kiterealty.com) a real estate investment trust, engages in the development, construction, acquisition, ownership and operation of shopping centers in the United...

Beware: e-mail is bastion of many security lapses.(RETURN ON TECHNOLOGY)(Column)
January 7, 2008... Tell the troth-you've "Googled" yourself, haven't you? All of us have, or at least we should. It's interesting for me to do it for myself, because I've been an Internet denizen since before the Web was woven, when all most of us did was...

Barry-Wehmiller Design Group Inc.(ANNOUNCEMENTS)(Brief article)
January 7, 2008... Barry-Wehmiller Design Group Inc. has opened an engineering consulting office in Indianapolis specializing in industrial automation, process control, software design and regulatory compliance for a variety of industries, including...

Komen Lifetime Achievement Award and the Komen Community Achievement Award.(ANNOUNCEMENTS)
January 7, 2008... Nominations are being accepted for the Komen Lifetime Achievement Award and the Komen Community Achievement Award. The purpose of these awards is to recognize and honor individuals and corporations that exemplify the spirit of the Komen...

Conventions.(RECORDS)
January 7, 2008... Jan. 10-12, Archery Trade Association, Indiana Convention Center & RCA Dome. Estimated attendance: 9,000

In recognition.(RECORDS)(Tony Patterson)(Kelley M. Butler)(Kena S. Hollingsworth)(Brief article)
January 7, 2008... Tony Patterson of Parr Richey Obremskey & Morton in Lebanon was honored with the indiana Trial Lawyers Association 2007 Trial Lawyer of the Year Award. Kelley M. Butler, editor in chief of Employee Benefit News received a media award from...

Riley Children's Foundation.(CIVIC/NON-FOR-PROFIT)(Cara Lathrop,Koleki Wright,Lisa Dudeck appintments)(Brief article)
January 7, 2008... Riley Children's Foundation has added the following: Cara Lathrop, assistant director of annual fund; Koleki Wright, manager of human resources; and Lisa Dudeck, manager of communications.

People's Bum Foundation.(CIVIC/NON-FOR-PROFIT)
January 7, 2008... Kena S. Hollingsworth, Hollingsworth Jocham & Zivitz PC, has been named to the board of People's Bum Foundation. [ILLUSTRATION OMITTED]

Alzheimer's Care Group.(CIVIC/NON-FOR-PROFIT)
January 7, 2008... Katrina DeGraff has joined Alzheimer's Care Group as director of resident care programs. [ILLUSTRATION OMITTED]

The American Legion Auxiliary National Headquarters.(CIVIC/NON-FOR-PROFIT)
January 7, 2008... The American Legion Auxiliary National Headquarters has added the following: Colette Fike, program director, and Annisa Rainey, public relations manager.

Goodwill Industries of Central Indiana Inc.(CIVIC/NON-FOR-PROFIT)(Linda McGilvrey,Susan Newsom,Beth Myers promoted)(Brief article)
January 7, 2008... Goodwill Industries of Central Indiana Inc. has promoted the following: Linda McGilvrey, store manager, Heartland Crossing; Susan Newsom, assistant store manager, Greenwood; Aaron Roberts, store manager, Westfield. Goodwill has .added the...

Humane Society of Indianapolis.(CIVIC/NON-FOR-PROFIT)
January 7, 2008... Jennifer Thomas has joined the Humane Society of Indianapolis as corporate relations manager.

500 Festival.(CIVIC/NON-FOR-PROFIT)
January 7, 2008... Lindsey Hendren has joined the 500 Festival as event manager.

Gilliatte General Contractors.(CONSTRUCTION)
January 7, 2008... [ILLUSTRATIONS OMITTED] Mike Walker and Keith Cochrun have joined Gilliatte General Contractors as project managers. Lara Cooney has joined the accounting department.

Garcia Construction Group.(CONSTRUCTION)
January 7, 2008... John Randall Wampler has been named estimator manager with Garcia Construction Group.

Welbourne Cos.(CONSTRUCTION)
January 7, 2008... Christy Lindbeck has joined the Welbourne Cos. as regional property manager. [ILLUSTRATION OMITTED]

Orchard School.(EDUCATION)(Timothy C. Caress board of trustees of the Orchard Lake School.)(Brief article)
January 7, 2008... Timothy C. Caress, Cline Farrell Christie Lee & Caress PC, has been selected as vice chairman of the board of trustees of the Orchard School. [ILLUSTRATION OMITTED]

Indiana University--Indianapolis Law School Alumni Association.(EDUCATION)
January 7, 2008... Tammy J. Meyer, Lewis Wagner LLP, has been named to the executive committee of the Indiana University--Indianapolis Law School Alumni Association. [ILLUSTRATION OMITED]

Indiana State Fair Board.(GOVERNMENT)(John Tarr)(Mark Merkel)(Chuck Hlbbard)(Brief article)
January 7, 2008... The Indiana State Fair Board has added the following: Steve Simmerman, John Tarr, M. Bryan Meesersmith and Dr. Chuck Hlbbard. Mark Merkel has been named president.

Small agency still thinks big: size gives ad firm advantage when it comes to being flexible.(SMALL BIZ PROFILE)(Company overview)
January 7, 2008... [ILLUSTRATION OMITTED] Who says size matters? Miles Brinson Brown is determined to prove a small advertising agency can do everything its larger competitors can--and then some. Indianapolis-based MB2 combines what its founders call a...

Chamber touts latest handbooks.(Indiana Chamber of Commerce)(Brief article)
January 7, 2008... The Indiana Chamber of Commerce has last month released its first-ever "Disaster Planning & Homeland Security for Indiana Business" publication, as well as a new version of its "Model Employee Policies for Indiana Employers" handbook. ...

Nominations sought for minority awards.(Center for Leadership Development )(Brief article)
January 7, 2008... The Center for Leadership Development is seeking nominations for its 28th annual Minority Business & Professional Achievers awards dinner. The deadline for nominations is Jan. 25. The ceremony will be held March 17 at the Indiana...

Former Reilly changes hands again.(Arsenal Capital Co. and Reilly Industries Inc.)(Brief article)
January 7, 2008... The private-equity firm that bought Indianapolis-based Reilly Industries and remade it last year into Vertellus Specialties has sold Vertellus to another equity firm, Wind Point Partners. The seller, New York private-equity firm Arsenal...

A newcomer takes over a familiar address.(DINING: MERIDIAN RESTAURANT & BAR)(Personal account)
January 7, 2008... For some reason, I was under the impression that Meridian Restaurant & Bar (5694 N. Meridian St., 466-1111), was open until 11. This seemed an ideal option after an evening of downtown theater. When we walked into a still-bustling dining...

One more added to best of 2007.(A&E)
January 7, 2008... [ILLUSTRATION OMITTED] This week, evocative work at the Eiteljorg, a secondhand "Dreamcoat," and a comedy show done right. Last week, I expounded on 11 of the most intriguing performances and exhibitions that I caught in 2007. But that...

Thicker than MySpace: family networking on the web.(SURF THIS)(Column)
January 7, 2008... Ah, the holidays... a chance to spend a whole lot of time with people you don't see that often. And, in some cases, it becomes painfully clear why not. Still, reminiscing with Aunt Helga about those long ago experiences when bread was a nickel...

Time for IU fans to memorialize Hep, then move on.(SPORTS)(Indiana University's Terry Hoeppner)
January 7, 2008... The spirit of the dearly departed Terry Hoeppner, if not his presence, was palpable during the New Year's Eve Insight Bowl at Tempe, Ariz. Those football-shaped "Hep" buttons were ubiquitous. The phrases "Play 13" and "Don't Quit" could be...

Indy's real estate wheel of fortune.(Brief article)
January 7, 2008... What were the big stories in real estate in 2007? Where are the office, retail and industrial sectors headed in 2008? Indianapolis Business Journal with the help of 10 of the Indianapolis area's top real estate experts--set out to solve the...

Office.(Interview)
January 7, 2008... In 2007, the real estate wheel of fortune looked kindly on companies like Duke and Lauth, which are building amenity-rich new office buildings in Indianapolis' north suburbs. Companies continue to flock to new suburban office space with...

Retail.(Interview)
January 7, 2008... Plenty of developers and retailers spun the big wheel in 2007. Hamilton Town Center began to take shape, and new lifestyle centers opened at Castleton Square and Greenwood Park malls. Construction of a new Wal-Mart began to breathe life into...

Industrial.(Interview)
January 7, 2008... Developers in Indy's industrial sector are trying to solve the wheel of fortune puzzle with smaller deals. As bulk supply grew and demand dropped dramatically in the second half of 2007, brokers and developers turned to smaller deals that...

Urban space broadens its horizons: small downtown firm thinks big with Raiston Square.(Urban Space Commercial Properties )
January 7, 2008... When Urban Space Commercial Properties was founded eight years ago, downtown Indianapolis was its focus. For owner Brian Epstein, that was more than enough to keep him busy. [ILLUSTRATIONS OMITTED] "It was an area that was really up...

Mount Comfort turns into distribution hotbed: precedents decade-old development hunch paying off east of Indianapolis.(Precedent Commercial Development Co. and Mount Comfort Commercial Park )
January 7, 2008... Like the aircraft at the Mount Comfort Airport, the nearby industrial complex that shares its name is taking flight. The development of Mount Comfort Commercial Park near the Interstate 70 interchange in western Hancock County began more...

Long-vacant Eastgate site finally finds new user.(News recap: A look at recent events in the Indianapolis-area commercial real estate market)(Lifeline Data Centers LLC agreed to buy the former Eastgate Consumer Mall )(Brief article)
January 7, 2008... Locally based data storage company Lifeline Data Centers LLC has agreed to buy the former Eastgate Consumer Mall on the far east side and plans to invest $23 million to turn the 370,000-squarefoot building into a high-tech data hub. Eastgate...

Massive $480m project proposed for downtown.(News recap: A look at recent events in the Indianapolis-area commercial real estate market)(Brief article)
January 7, 2008... A development team is finalizing plans for a $480 million mixed-use project that calls for condos, as many as three hotels, a theater and 175,000 square feet of retail space just south of downtown. The project, Legends District--SoDo, could...

High-rise in works near Central Canal.(News recap: A look at recent events in the Indianapolis-area commercial real estate market)(Brief article)
January 7, 2008... Strong demand for student housing downtown is driving a $40 million plan for a high-rise apartment tower a couple of blocks east of the Central Canal. The developer, a partnership of Fishers-based Paramount Realty Group and...