INSIDE INDIANA BUSINESS: IU Moving Forward on Wishard Plan

2014-02-27T12:29:00Z INSIDE INDIANA BUSINESS: IU Moving Forward on Wishard PlanGerry Dick Inside Indiana Business
February 27, 2014 12:29 pm  • 

Indiana University is continuing to detail plans for the former Wishard Hospital site in Indianapolis. IU Vice President of Facilities Tom Morrison says about half of the property will be redeveloped into academic space. The remainder will be demolished. The school's plans include a $25 million project to turn the former Wishard/Dunlap Building into a drug discovery research laboratory.

SIA Seeks Tax Breaks

The Lafayette City Council is expected to vote next week on abatement requests from Subaru of Indiana Automotive Inc. The automaker is seeking 10-year tax breaks on a more than $350 million equipment investment and nearly $70 million in real estate improvements. WLFI-TV in West Lafayette reports the requests are related to previously announced expansion plans.

Business School Capping Admissions

The University of Notre Dame says it will tighten admission standards at the Mendoza College of Business beginning next year. The school plans to cap enrollment at 550 and introduce an approval process for students looking to major in business.

Hockey Team Hits Ticket Milestone

The state's newest professional hockey team is reporting nearly 750 season ticket deposits for its inaugural season at the renovated Indiana State Fairgrounds Coliseum. The Indy Fuel has also released a seating chart for the arena, which is scheduled to reopen in April.

House OKs Common Core Bill

A bill to void Common Core academic standards has been approved by the Indiana House. The legislation would replace the guidelines with state-created standards. The amended measure moves back to the Senate.

Ivy Tech 'Redrawing' Boundaries Again

Ivy Tech Community College is incorporating its Franklin Campus into the Central Indiana Region. The move is part of a system-wide effort to streamline operations. The school says 60 percent of students at the Franklin location live in the central region.

Purdue, School Corporations Form STEM Partnerships

Purdue University is using two grants to establish science, technology engineering and math education initiatives with school corporations. The partnerships involve programs for students and teachers in the Lafayette and Gary Community school corporations.

City Announces Date of Bridge Opening

Officials with the city of Jeffersonville now expect the long-awaited Big Four pedestrian and bicycling bridge to open in May. The News and Tribune reports the bridge was originally scheduled to open in April of last year.

Shalala to Visit Manchester University

Former U.S. Secretary of Health and Human Services Donna Shalala will speak next month at Manchester University. She will discuss Medicare and the federal health care law. Shalala currently serves as the president of the University of Miami.

Republic Airways Profit Slides

Indianapolis-based Republic Airways Holdings Inc. is reporting full-year net income of $26.7 million, compared to $51.3 million in 2012. Chief Executive Officer Bryan Bedford says the completed sale of Frontier Airlines Holdings Inc. contributed to the results.

Gift Supports Park Foundation

Indianapolis-based Eagle Creek Park Foundation Inc. has received $250,000 in funding. The gift will support park improvements, trail restoration projects and educational programs.

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