INSIDE INDIANA BUSINESS: Indy in running for 'Best Convention City'

2014-02-13T12:34:00Z INSIDE INDIANA BUSINESS: Indy in running for 'Best Convention City'Gerry Dick Inside Indiana Business
February 13, 2014 12:34 pm  • 

The city of Indianapolis is among finalists for a readers' choice award from a national publication. It is included in USA Today Travel's list of Best Convention Cities.

Schools Recovering From Millions in Tornado Damage

The superintendent of Tippecanoe School Corp. says repairs to two schools slammed by November tornadoes are "well underway." Scott Harback says the storms caused $12 million damage to Southwestern Middle and Mintonye Elementary schools and rendered them "unusable." He says insurance will cover all but $10,000 of the repairs. Harback says the work will allow the district to do previously-planned renovations on the buildings.

Funding to Boost Storm-Damaged Apartments

More than a dozen apartment buildings damaged by a tornado six years ago will get new life. Great Lakes Capital Fund is pumping $4.4 million into the 200-unit Haciendas Apartments development in Indianapolis.

South Bend Tower Set to be Sold

The tallest building in South Bend is scheduled to hit the auction block next month. The 25-story Chase Tower will be sold at a St. Joseph County Sheriff's sale March 20.

Renovations Begin at Mall

Indianapolis-based Simon Property Group Inc. has "broken tile" on a multi-million dollar renovation at the University Park Mall in Mishawaka. The project is expected to be complete before the holiday shopping season. It's part of a company-wide effort to upgrade properties.

USI Names I-69 Innovation Corridor Manager

The University of Southern Indiana has tapped Michael Thissen to manage efforts involving the development of the I-69 Innovation Corridor. He previously served as director of community affairs for the Indiana Office of Community and Rural Affairs.

Purdue Research Foundation Invests in Startups

The Purdue Research Foundation is investing a total of $150,000 in two startups. The funding for Telos Discovery Systems Inc. and bioVidria Inc. is designed to speed up commercialization of early-stage discoveries.

Fort Wayne Names Development Director

Fort Wayne Mayor Tom Henry has promoted Greg Leatherman to director of community development. Leatherman has worked for the city since 1998, most recently as executive director of the Fort Wayne Redevelopment Commission.

CTS CEO to Lead Board

Elkhart-based CTS Corp. has named Chief Executive Officer Kieran O'Sullivan chairman of the board. O'Sullivan has led the automotive supplier since 2012.

Angie's List Yearly Loss Narrows

Indianapolis-based Angie's List Inc. is reporting a full-year loss of $32.9 million, compared to a loss of $52.9 million in 2012. For the fourth quarter, the online consumer review company is tallying a profit of $2.8 million, compared to more than $2.4 million for the same period a year earlier.

IPFW Plans Public Affairs Conference

Indiana University-Purdue University Fort Wayne has announced plans for the inaugural Midwest Public Affairs Conference. The school says next month's event is designed to promote collaboration between academics and policymakers.

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