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The Indianapolis News from Indianapolis, Indiana • 23

Location:
Indianapolis, Indiana
Issue Date:
Page:
23
Extracted Article Text (OCR)

THE NEWS WEDNESDAY, FEB. 5, 1986 PAGE 23 Children's health care facility OK' TODAY'S DIGEST Gelotex Corp. Th Indionopoli Newt Celotex Corp. of Greenfield will be sold to a Michigan corporation by the end of the month, according to a spokesman for the ownership. Celotex manufactures Industrial parts from fiberglass.

It is owned by the Jim Walter Tampa. Fla. Walter vice president David Townsend said his company 777- The Indianapolis Now A Fort Wayne company plans to construct a 60-bed health care facility for children on the Northside. The Lifeline operator of 19 nursing homes in five states, wants to begin construction in July and open the facility by the summer of 1987. company president Robert Barry said.

Barry today won preliminary approval from the Indianapolis Economic Development Commission to issue $4.5 million in low-interest industrial development bonds for the project. The commission's recommendation will be considered by the Indianapolis City-County Council's Economic Development Committee tonight and. next week, by the Council. The 30.000-square-foot Lifeline facility is to be located on 6 V2 acres in the St. Vincent Hospital office park on West 86th Street.

It would provide sub-acute and rehabilitative health care to infants and children and would be the first of its kind in the state. Barry told the commission. The commission also ap proved an application Irom Fountain Square Associates to issue $5 million in industrial development bonds. The partnership, which includes two local attorneys, a developer and a real estate agent, plans to renovate three buildings in the Fountain Square neighborhood. Stephen A.

Backer, one of the attorneys, said renovation would begin by mid-19S6 and be completed about 1 8 months later. The partnership will spend $6.25 million to turn the three buildings into a complex for residential, commercial and retail use. The project includes: 1101-1115 Shelby a 50.000-square-foot. four-story building that once housed the Fountain Square Theater. The building is 80 percent vacant, with an Amvet Thrift Store on the first level.

Backer said his partnership and the Amvet owners are negotiating a move. 1062-1068 Virginia a 26.000-square-foot building that is 75 percent vacant. 1108-1116 Shelby a 9.000-square-foot structure that is 20 percent vacant. Union to review Kennecott -iiiii in 4-1 fj a lrrtl Th Associated Press PHOENIX. Ariz.

Union officials plan to review Kenne-cott's finances after the company demanded copper workers take a 33 percent wage-benefit cut, but insisted they would strike before accepting such proposals, which "turn the clock back 30 years." On Tuesday, the company proposed creating one contract to replace the individual contracts that cover union workers at 4 1 Kennecott operations In Arizona, New Mexico and Utah, said Ken Hoch-stetler. a Kennecott spokesman. The negotiators were to continue discussing local Is The News Photo, Bob Doeppers Addition to Eastside Marriott to be ready by May. Marriott planning Courtyard motel sale seen is negotiating the sale to WKC Inc. of Troy.

Mich. "Celotex will be sold Just by itself, and not as part of a package." said Townsend. "We hope to have this completed by the end of the month." Plant manager Jeff Kenny denied rumors that a change in the plant's ownership would disrupt, employment. About 100 people work there. sues for the different operations today, Hochstetler said.

The company, fighting foreign competition and declining prices, opened the talks Monday by asking workers to take an $8 an hour reduction in wages and benefits. The average union-represented worker's salary is $13.76 an hour and is about $24 an hour with benefits. It also proposed changes in seniority and promotion guidelines contained in the contract that expires June 30. Hochstetler said officials they are some drastic concessions." but they are necessary to help the company survive. space in a new office building at 8455 Castlewood Drive.

Initial funding of $1.2 million has been established for the center's operations, with funds coming from a special GM-UAW national training fund first negotiated in 1982. The Indianapolis center is the sixth such facility established by GM and the union since 1982. Similar programs have been established in Buffalo. N.Y.. and four Michigan cities Flint.

Pontiac, Detroit and Saginaw. The David Epstein Co. is developing THREE NEW OFFICE BUILDINGS with a total of 28,000 square feet of floor space on a site to be known as Cedar Place. It is in the 800 block of East 86th Street, just east of College Avenue. FLACK DESIGN.

INC. has moved to Suite 230 of 7212 Castlepoint Office Building on North Shadeland Avenue in Indianapolis. Kurt A. Rupenthal has opened a FAMILY DENTAL PRACTICE In Carmel in the Brookshire Village Shoppes. Retraining center opens JOT Flies Higher.

Harriott (mm The Castleton location will be Courtyard by Marriott's first in Indiana. A hearing examiner for the city's Division of Development Services will consider Marriott's zoning request Feb. 13. Renovation half done Meanwhile, the Eastside Marriott Hotel at 21st Street and Shadeland Avenue, is about halfway through a $2 million renovation. Owners of the hotel, which will have 253 rooms when the renovation is completed, are adding five stories on the west side of their building and a ballroom and conference center on the north side.

Work on the five-story' addition should be completed in May, General Manager Don Durbin said. Hotel staff will absorb the lower three levels, the fourth floor will be a concierge's lounge and the top floor will be a presidential suite. Hotel owners. Shadeland Enterprises also are adding an 8.000-square-foot ballroom and a 3.500-square-foot conference center. That work should be completed by October, Durbin said.

Owners already refurbished all of the guests rooms and turned the hotel's fourth floor into 36 concierge rooms. During 1986, the hotel's lobby and other public areas will be refurbished. The restaurant and lounge will get a facelift in 1987. Durbin said. Durbin priced the renovation at between $2 million and $2.5 million.

if By PATRICIA GALLAGHER The Indianapolis News Marriott the giant national motel management company, plans to begin construction 06 a motel on the citys Northeastside this fall while the owners of an Eastside Marriott are renovating their facility. Marriott Corp. plans to build a courtyard-style, 146-room motel at 8670 Allisonville Road. The corporation is seeking a zoning change for nearly seven acres at the Castleton site. Marriott has the site for the motel under contract, said company spokeswoman Jan Schuler.

Schuler said the corporate-owned motel would be under construction by the fourth quarter of the year. It should be ready for guests by mid- to late-1987. she said. Rooms in the planned motel, to be called Courtyard by Marriott, will cost from $50 to S60 on weekday nights to attract business travelers. On weekends, rooms will go for less than $50 to appeal to families.

The motel, to employ about 50 people, will include an indoor pool, restaurantlounge with seating for 100 and two small meeting rooms. It will be two stories in some places and three in others. Under the courtyard design, test-marketed in Atlanta in 1983 and 1984. the motel is built around an open courtyard. Courtyard by Marriott, a division of the Bethesda, Marriott now operates 10 motels.

Schuler said the division will spend $3 billion in the next five years to build 300 of the motels across the United States. The Indianapolis News General Motors and the United Auto Workers have opened a retraining center in Indianapolis for laid-off autoworkers. It will serve laid-off as well as employed GM workers in Indianapolis and Kentucky. There are about 1.500 laid-off autoworkers in the region. center occupies about 7.000 square feet of leased Briefly noted.

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