INSIDE INDIANA BUSINESS: Commercial real estate shows 'resiliency'

2013-04-23T13:46:00Z INSIDE INDIANA BUSINESS: Commercial real estate shows 'resiliency'Gerry Dick Inside Indiana Business nwitimes.com
April 23, 2013 1:46 pm  • 

Commercial real estate company Cassidy Turley says central Indiana was able to "shrug off" uncertainty about sequestration and payroll tax hikes and post increases across all sectors. Vice President of Research Jason Tolliver says other areas of the state are also seeing improvements, including advanced manufacturing in north central Indiana and agriculture in the northwest part of the state. In a recent interview on Inside INdiana Business Television, Tolliver discussed his outlook for the rest of the year.

 

Daviess County Project Earns National Honor

A major wastewater project in Washington has received national recognition. The wetland treatment system created by Evansville-based Bernardin Lochmueller & Associates Inc. is one of a handful of initiatives to win a 2013 Engineering Excellence Honor Award from the American Council of Engineering Companies.

 

Group to Offer 'Refreshed Vision' For Downtown

Indianapolis Downtown Inc. is set to detail an initiative today aimed at improving the downtown area. Velocity, a five-year strategic plan, will focus on innovations and challenges that could affect the city over the next decade.

 

IU Southeast Chancellor to Retire

Indiana University Southeast Chancellor Sandra Patterson-Randles says she will retire at the end of June. The school says it will appoint an interim chancellor during the search for a successor.

 

WGU Indiana Announces Largest-Ever Scholarship Fund

WGU Indiana will announce the largest scholarship fund in its history this afternoon. The school says it will offer $100,000 through its "Taking Indiana to a Higher Degree" program.

 

Rockport Plan Could Find New Path

A proposal dealing with a $2.8 billion coal gasification plant in Rockport may be able to find new life. The Evansville Courier & Press reports some legislators are aiming to insert revised language into a different measure and keep discussions between the state and the developer going.

 

Indianapolis OKs Funds For Transit Planning

The city-county council in Indianapolis has approved a more than $2.6 million measure to fund transportation planning. As part of the ordinance, some federal grants will be used to study rapid transit lines from Carmel to Greenwood and from Indianapolis International Airport to Cumberland.

 

Fort Wayne Program Drawing National Attention

The city of Fort Wayne is set to announce it has received a national award for its 311 program. Mayor Tom Henry and city officials have scheduled a news conference for this afternoon.

 

Indiana Company Takes Over Kentucky Bank's Assets

New Albany-based Community Bank Shares of Indiana Inc. has acquired assets from a Kentucky bank. The deal means former First Federal Bank branches will be reopened as Your Community Bank locations.

 

Kite Realty Enters New Market

Indianapolis-based Kite Realty Group Trust has acquired a shopping center in Nashville, Tennessee for approximately $37.5 million. Chief Executive Officer John Kite says entering the market aligns with a company strategy to grow in several U.S. regions.

 

Ag Expert: Long Winter Benefiting Some Crops

A Purdue University horticulture professor says the late arrival of spring-like weather is good for some crops. Peter Hirst says the prolonged winter delayed the development of fruit and berry crops, making them less susceptible to damage from spring frosts.

 

IU Creates Diversity Post

Indiana University has appointed Kelley School of Business professor Martin McCrory to fill a newly-created position focused on student diversity. The school says he will work to attract, support and retain students from underrepresented minority groups.

 

 

For more Inside Indiana Business, visit www.insideindianabusiness.com.

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