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 DJIA 13,564.6 +131.9 / S&P 500 1,497.1 +19.5 / NASDAQ 2,694.6 +42.2
 |  |  Tonight: Rain moves in, mainly south. Low 34. Thursday: a.m. rain, snow, chilly. High 37.
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|  Wednesday, December 12, 2007 |
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City still deciding on Super Bowl bid
The transition team of Mayor-elect Greg Ballard hasn't decided whether the city should go after Super Bowl 2012. "We absolutely want to do it ... but there may be demands the NFL has included that mean we can't do it," said Ballard spokesman Robert Vane. On Friday, Indianapolis Convention & Visitors Association President Bob Bedell said the association would move forward on work to prepare the bid. Vane said ICVA's announcement about the decision to put in a bid was done "completely solo with no coordination with us." 
Planned mall buyer faces uphill struggle
AAC Management Corp., the company that has agreed to buy Lafayette Square Mall, faces big challenges reviving the flagging property, retail brokers say. The 39-year-old northwest-side mall has lost customers and anchor tenants as new developments to the west and north have siphoned off affluent shoppers, brokers say. "This is a roll-up-your shirtsleeves kind of property," a veteran retail broker said.
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Judge's ruling removes hurdles to I-69 extension
A ruling Monday in federal court has removed several potential hurdles to the long-planned Interstate 69 extension, including one that sought to block a section through Perry Township in Indianapolis, reports the Evansville Courier & Press. The decision handed down by U.S. District Court Judge David Hamilton denied plaintiff claims that Major Moves disallowed the highway from running though the township south of downtown. The judge ruled that since the highway would not be a toll road, it was allowed.
Canadian fabricator to expand at Union City
Ag Growth Industries LP, a Winnipeg, Canada, maker of grain-handling equipment, will add a location in an existing building in Union City in east-central Indiana, the Indiana Economic Development Corp. said today. The company, which fabricates augers, conveyors, grain storage bins, will occupy the former Union City Body Co. building, which has 163,000 square feet. Ag Growth received $645,000 in state and local incentives.
Indiana places high in medical technology
Indiana ranked among the top 10 states for its strength in medical technology, according to a new report from the Advanced Medical Technology Association, a trade group of makers of medical devices, equipment, software and supplies. The report was based on the number of jobs and wages in medical technology companies and on new jobs created to support the industry. Medical technology ranges from eyeglasses to hospital equipment to replacement joints.
Zimmer mobile-bearing knee gets FDA OK
Orthopedics products maker Zimmer Holdings Inc. said yesterday the Food and Drug Administration granted approval to its NexGen LPS-Flex Mobile Knee. The mobile-bearing knee, which can be implanted in a minimally invasive procedure, is already being marketed in Europe, Australia and Japan. The Warsaw-based company said its product is designed to accommodate active deep flexion of up to 155 degrees for patients who are otherwise capable of that level of flexion, versus the 120 degrees of other implants.
Judy O'Bannon backs Schellinger for governor
Former Indiana first lady Judy O'Bannon has endorsed Jim Schellinger in the Democratic primary race for governor. Schellinger and former U.S. Rep. Jill Long Thompson are seeking the Democratic nomination, with the winner likely to face Republican Gov. Mitch Daniels in the general election. "I have great confidence that Jim Schellinger will serve as a wonderful governor," the widow of former Democratic Gov. Frank O'Bannon said today.
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| Toddler recovering after drive-by shooting
A 3-year-old girl is in good condition and recovering at Riley Hospital for Children after police say she was hit in a drive-by shooting at her home, 3357 N. Butler Avenue, just east of Emerson Avenue. The child's mother said she was at home with her kids when the suspects drove by and fired several rounds into the home, some hitting the girl's neck. The mother told police she believes the bullets were meant for her son, but police have no suspects.
Train derailed by south-side car accident
A person was hospitalized after a car hit a train late last night southeast of downtown near Churchman Avenue and Minnesota Street. Officers say the vehicle was northbound on Churchman and traveling too fast for the wet conditions. The impact knocked the train off its tracks. That intersection was closed for several hours overnight.
Washington Township school board to make important vote
Washington Township School Board members will vote tonight on a plan to close two schools. School officials are looking for ways to save money because of the district's flat enrollment and old buildings. That meeting will be at 7 p.m. at the Community Education Center, 8550 Woodfield Crossing Blvd.
Sluggish housing sales aid apartment owners
Downtown apartment rents have increased 3.8 percent this year, giving property owners their largest rent growth in five years, according to a report prepared by Tikijian Associates. Sales of residential units listed at $100,000 or more in Center Township are down 17.3 percent through November, from last year, said Kurt Flock, of Flock Real Estate Group , a downtown residential broker who tracks data in Center and Washington townships. 
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