WEBVTT

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>> A GAME-CHANGER ON THE NEAR

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WEST SIDE OF DOWNTOWN

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INDIANAPOLIS AS ELANCO ANIMAL

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HEALTH BROKE GROUND THIS WEEK ON

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ITS $100 MILLION GLOBAL

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HEADQUARTERS AT THE OLD GM

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STAMPING PLANT.

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FOR PERSPECTIVE ON THAT AND

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OTHER BUSINESS NEWS AROUND THE

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STATE WE'RE JOINED BY OUR PANEL

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OF INSIDERS.

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BOSE PUBLIC AFFAIRS GROUP

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PRINCIPAL VICTOR P. SMITH, INDY

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CHAMBER VICE PRESIDENT PORTIA

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BAILEY-BERNARD, AND GREGORY &

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APPEL INSURANCE VICE PRESIDENT

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STEVE APPEL.

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THANK YOU ONE AND ALL FOR BEING

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ON THE INSIDERS.

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AND WE BEGIN WITH KIND OF THE

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BIG STORY OF THE WEEK, VICTOR,

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IN TERMS OF GETTING IT OUT FRONT

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TO YOUR ELANCO IS A CLIENT OF

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YOURS, YOU HAVE THAT

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RELATIONSHIP.

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BUT I'LL BEGIN WITH YOU.

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$100 MILLION CORPORATE CAMPUS, A

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LOT OF ELEMENTS TO THIS STORY

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RELATED TO ELANCO, RELATED TO

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INDIANAPOLIS, INDIANA, IN YOUR

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VIEW, HOW BIG IS THIS

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ANNOUNCEMENT?

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>> IT IS A MAJOR ANNOUNCEMENT,

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GERRY.

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JEFF SIMMONS IS REALLY A

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VISIONARY.

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AT THE GROUNDBREAKING HE TALKED

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ABOUT THE BUILDING NOT AS A NOUN

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BUT AS A VERB BECAUSE HE'S

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BUILDING SOMETHING.

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THEY'RE BUILDING NOT ONLY THE

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FIRST POST-COVID HEADQUARTERS

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DESTINATION FOR THEIR EMPLOYEES,

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BUT THEY'RE BUILDING WHOLE NEW

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MOMENTUM OF INNOVATION FOR THEIR

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CLIENTS, AND CUSTOMERS.

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AND I THINK THIS ALSO IS THE

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FOLLOW-ON IS IT'S GOING TO BE

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DRAWING ALL KINDS OF NEW

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TECHNOLOGIES, NEW COMPANIES,

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SPINOFFS, INCLUDING THE BIO MED,

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I THINK THAT IS INDICATIVE OF A

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NEW CENTER OF GRAVITY FOR THE

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ANIMAL HEALTH WORLD.

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>> PORTIA, THEY RESPONDED TO THE

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RFP, YOU'VE SEEN IT UP CLOSE AND

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PERSONAL.

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AS YOU LOOK AT IMPACT, BIG FOR

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ELANCO, BUT HOW ABOUT FOR

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DOWNTOWN INDIANAPOLIS, EXTENDING

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ACROSS THE WHITE RIVER?

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>> THIS IS HUGE.

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AS YOU ALL KNOW, THE FORMER GM

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STAMPING PLANT HAS -- REMAINED

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VACANT FOR 11 YEARS NOW.

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THE CITY, THE STATE, THE

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COMMUNITY, WE'VE BEEN WAITING

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FOR SOMETHING TO HAPPEN.

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THE INVESTMENT THAT ELANCO IS

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GOING TO MAKE IS TREMENDOUS.

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THEY'RE BRINGING 1,000 HIGH

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PAYING JOBS TO OUR COMMUNITY,

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AD WITH THAT PUBLIC

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INFRASTRUCTURE IMPROVEMENTS,

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CONNECTING DOWNTOWN AND ELANCO

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VIA A BRIDGE THAT WILL SERVE NOT

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ONLY PEDESTRIANS, BUT VEHICLES

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AS WELL.

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THERE IS THE EXPANSION OF WHITE

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RIVER STATE PARK, ALL PART OF

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THE WHITE RIVER VISION PLAN.

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TREMENDOUS FOR THE CITY AND

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TREMENDOUS FOR THE STATE.

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>> STEVE, YOUR TAKE ON THIS AND

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HOW SUBSTANTIAL IT CAN BE.

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LONGER TERM FOR INDIANAPOLIS AND

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CENTRAL INDIANA.

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>> WHEN I THINK OF LIKE MAJOR

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CITIES, ONE -- BESIDES HOW MANY

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PRO SPORTS TEAMS YOU HAVE IS HOW

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MANY CORPORATE HEADQUARTERS YOU

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HAVE, AS PORTIA MENTIONED, THE

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CORPORATE TALENT, EFFECT ON REAL

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ESTATE, LOCAL SCHOOLS, AND IT IS

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A VERY EXCITING, AND ELANCO IS A

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LITTLE BIT UNDER THE RADAR NOW

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LOCALLY, BUT I PROJECT IN THE

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FUTURE IT WILL BE KIND OF LIKE

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LILLY AND SALESFORCE, AND ELANCO

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WILL BE MORE ROLL OFF THE

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TONGUES OF LOCAL PEOPLE.

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>> LAST THING, IT BRINGS THE

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VALLEY NEIGHBORHOOD AND IGNITES

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THAT WHOLE WEST SIDE OF THE

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WATER.

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THE OTHER THING IS DON'T FORGET,

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THERE IS 45 ACRES LEFT ON THAT

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CAMPUS NOT DEVELOPED.

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I KNOW THAT WILL IGNITE A LOT OF

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INTEREST IN DRAWING OTHER

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COMPANIES.

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>> HOW ABOUT THIS WHOLE CONCEPT,

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JEFF SIMMONS TALKED ABOUT IT,

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THE SILICON VALLEY OF ANIMAL

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HEALTH AND CREATING THE, FROM

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PURDUE, DOWN HERE AND SOUTH WHEN

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YOU LOOK AT CORTEVA, THE ASSETS,

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CREATING SOMETHING, THAT CAN BE

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A RECOGNIZED AREA, JUST LIKE

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SILICON VALLEY OR RESEARCH

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TRIANGLE PARK HERE IN

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INDIANAPOLIS?

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>> I THINK THAT'S TRUE.

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AGAIN, THE FIRST EVIDENCE OF

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THAT WE'VE SEEN IS THE BIO

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MEDICS SPINOFF.

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SCOTT DORSEY AND HIS GROUP ARE

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WORKING TOGETHER WITH AGRINOVUS

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AND SOME OF THE OTHER FOLKS,

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LEADERSHIP AT ELANCO TO SEE WHAT

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CAN WE DO TO CONTINUE TO DRAW

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THAT TECHNOLOGY, TO CLAIM THIS

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AS THE NEW EPICENTER OF ANIMAL

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HEALTH IN THE WORLD.

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>> AND PURDUE, THEIR

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AGRICULTURAL TIES, A LOT OF

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FITS.

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>> WE HELD INSIDE INDIANA

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BUSINESS AND THE IBJ, OUR FIRST

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ENGAGE INDIANA EVENT OUTSIDE OF

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CENTRAL INDIANA.

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THIS WEEK IN EVANSVILLE, CROWD

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OF 350 PEOPLE, BUSINESS

00:04:45.685 --> 00:04:47.020
COMMUNITY LEADERS, BIG PANEL

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DISCUSSION, TALKING ABOUT BIG

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ISSUES IN THE REGION, HOW THEY

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ARE DEALING WITH THOSE ISSUES.

00:04:53.660 --> 00:04:57.430
ONE ISSUE IS THE LOSS OF AIR

00:04:57.497 --> 00:04:57.764
SERVICE.

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PORTIA, START WITH YOU ON THIS,

00:05:00.867 --> 00:05:02.035
EVANSVILLE LOST AIR SERVICE TO

00:05:02.101 --> 00:05:02.869
CHICAGO AND DETROIT.

00:05:02.935 --> 00:05:04.270
TWO REALLY IMPORTANT MARKETS,

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ESPECIALLY FOR THEM, THE

00:05:05.905 --> 00:05:07.273
COMPANIES THEY HAVE DOWN THERE.

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HOW IMPORTANT IS THAT?

00:05:08.741 --> 00:05:10.543
WHAT CAN BE DONE TO GET THE

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SERVICE BACK, WORKING WITH LOCAL

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ENTITIES?

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>> WE WORK CLOSELY WITH

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INDIANAPOLIS INTERNATIONAL

00:05:18.084 --> 00:05:18.518
AIRPORT.

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COVID TOOK A TREMENDOUS HIT ON

00:05:21.554 --> 00:05:22.689
THE AIRLINE INDUSTRY.

00:05:22.755 --> 00:05:25.124
BUSINESS TRAVEL WAS SUCH A KEY

00:05:25.191 --> 00:05:25.391
COMPONENT.

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WHAT REALLY IS GOING TO HELP

00:05:26.926 --> 00:05:29.228
TRAVEL GET BACK, COMPANIES

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GETTING COMFORTABLE TRAVELING

00:05:30.630 --> 00:05:30.997
AGAIN.

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WE'RE STARTING TO SEE

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RESTRICTIONS LIFT AND EMPLOYERS

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ALLOWING EMPLOYEES TO TRAVEL.

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THAT WILL REALLY START GETTING

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US GOING IN THE RIGHT DIRECTION

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IN TERMS OF PICKING UP AIR

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SERVICE AGAIN.

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>> CONNECTIVITY IS SO IMPORTANT.

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NOT ONLY FOR THE BUSINESS

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COMMUNITY, BUT FOR THE CITY

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ITSELF.

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I THINK IF YOU REMEMBER, JUST A

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FEW YEARS BARKS THE IEDC

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ATTRACTED THE NON-STOP

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SAN FRANCISCO FLIGHTS.

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I HAVE FAITH IN BRAD AND HIS

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LEADERSHIP AND THE GOVERNOR

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THEY'RE PROBABLY ALREADY HAVING

00:06:05.398 --> 00:06:06.866
THOSE CONVERSATIONS TO SEE WHAT

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IT IS THEY CAN DO IN A

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POST-COVID WORLD WHEN THINGS

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COME BACK, WHEN THE INDUSTRY

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COMES BACK, WHAT WE CAN DO TO

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MAKE SURE THAT SERVICE IS

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BROUGHT BACK.

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>> ANOTHER STORY THIS WEEK,

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CONTINUED EXPANSION OF

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HEALTHCARE THROUGHOUT INDIANA,

00:06:21.080 --> 00:06:22.415
BUT HERE IN CENTRAL INDIANA,

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I.U. HEALTH ANNOUNCING PLANS TO

00:06:25.118 --> 00:06:27.987
DRAMATICALLY GROW ITS FOOTPRINT

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IN FISHERS AT -- CHANGING TO

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I.U. HEALTH FISHERS AND

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INCREASING THE EMPLOYMENT THERE

00:06:36.963 --> 00:06:40.433
50%, $287 MILLION INVESTMENT.

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AND BUILDING ESSENTIALLY ONE OR

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TWO NEW HOSPITALS IN DOWNTOWN

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INDIANAPOLIS.

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>> LITERALLY GROUND ZERO OF

00:06:48.875 --> 00:06:51.444
THEIR 1.6 BILLION EXPANSION NOW.

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STARTING TO LOOK LIKE A WAR ZONE

00:06:53.613 --> 00:06:55.314
IN A GOOD WAY.

00:06:55.381 --> 00:06:57.049
FISHERS IS GROWING SO MUCH, IT

00:06:57.116 --> 00:06:58.317
MAKES SENSE THERE IS PROBABLY A

00:06:58.384 --> 00:06:59.318
NEED OUT THERE.

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I DO JUST -- I WILL CHUCKLE, 287

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OUT THERE AND 1.6 IS A LOT OF

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MONEY IN HEALTHCARE.

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>> GOOD FOR THE CONSTRUCTION

00:07:08.394 --> 00:07:11.964
FOLKS, AS WELL.

00:07:12.031 --> 00:07:15.935
A COUPLE OF MOVES OF NOTE ON THE

00:07:16.002 --> 00:07:17.537
PERSONNEL SIDE, NEW LEADERSHIP,

00:07:17.603 --> 00:07:19.005
LEADERSHIP CHANGE, A NEW

00:07:19.071 --> 00:07:20.273
PRESIDENT AT INDIANA BLACK EXPO,

00:07:20.339 --> 00:07:24.377
ALSO A NEW HEAD AT TECHPOINT.

00:07:24.443 --> 00:07:28.047
PORTIA, ALICE WATSON TAKING OVER

00:07:28.114 --> 00:07:32.051
AT BLACK EXPO.

00:07:32.118 --> 00:07:33.319
>> THIS IS GREAT.

00:07:33.386 --> 00:07:34.687
IBE SERVES THE COMMUNITY, DO SO

00:07:34.754 --> 00:07:37.256
MUCH IN TERMS OF EDUCATION AND

00:07:37.323 --> 00:07:38.991
ECONOMIC ADVANCEMENT.

00:07:39.058 --> 00:07:40.860
TANYA HAS DONE A GREAT JOB

00:07:40.927 --> 00:07:42.328
LAYING GROUND WORK AND BUILDING

00:07:42.395 --> 00:07:44.197
A STRONG FOUNDATION FOR IBE.

00:07:44.263 --> 00:07:45.631
NEW LEADERSHIP IS EXCITING.

00:07:45.698 --> 00:07:47.166
WITH THAT COMES NEW IDEAS AND

00:07:47.233 --> 00:07:48.000
INNOVATIVE CHANGES.

00:07:48.067 --> 00:07:50.703
I HAVE SOME OF MY GREATEST

00:07:50.770 --> 00:07:51.737
MEMORIES ATTENDING SUMMER

00:07:51.804 --> 00:07:52.038
CELEBRATION.

00:07:52.104 --> 00:07:53.706
I FEEL LIKE A LOT OF PEOPLE

00:07:53.773 --> 00:07:55.942
DON'T REALIZE, BUT EVERY YEAR,

00:07:56.008 --> 00:07:57.777
THE SUMMER CELEBRATION BRINGS

00:07:57.844 --> 00:07:59.111
100,000 VISITORS TO

00:07:59.178 --> 00:08:01.414
INDIANAPOLIS, WHICH GENERATES

00:08:01.480 --> 00:08:04.517
ROUGHLY $11.6 MILLION IN

00:08:04.584 --> 00:08:07.520
ECONOMIC ACTIVITY, WHICH IS JUST

00:08:07.587 --> 00:08:07.820
AMAZING.

00:08:07.887 --> 00:08:11.157
I'M PUMPED, THE FREE CONCERT IS

00:08:11.224 --> 00:08:12.925
COMING BACK DOWNTOWN THIS YEAR,

00:08:12.992 --> 00:08:16.095
THE QUEEN, THE LEGEND HERSELF,

00:08:16.162 --> 00:08:18.197
MISS PATTI LaBELLE IS

00:08:18.264 --> 00:08:18.497
HEADLINING.

00:08:18.564 --> 00:08:19.732
YOU WILL SEE ME THERE,

00:08:19.799 --> 00:08:21.167
CONGRATULATIONS TO ALICE WATSON,

00:08:21.234 --> 00:08:22.602
I WISH HER NOTHING BUT THE BEST

00:08:22.668 --> 00:08:24.237
IN CONTINUING THE GREAT WORK

00:08:24.303 --> 00:08:24.904
THAT IBE DOES.

00:08:24.971 --> 00:08:27.240
>> THIS IS AN IMPORTANT YEAR FOR

00:08:27.306 --> 00:08:30.910
BLACK EXPO, FOLKS ARE COMING

00:08:30.977 --> 00:08:31.677
BACK DOWNTOWN.

00:08:31.744 --> 00:08:32.178
>> YES.

00:08:32.245 --> 00:08:39.352
>> ALSO ON THE TECHNOLOGY SIDE,

00:08:39.418 --> 00:08:39.585
VICTOR.

00:08:39.652 --> 00:08:42.421
THE NEW CEO TAKING OVER FOR MIKE

00:08:42.488 --> 00:08:42.722
LANGELLIER.

00:08:42.788 --> 00:08:48.060
>> WHAT A GREAT CALL, I'VE KNOWN

00:08:48.127 --> 00:08:50.296
HER A DECADE, PRIVILEGE WITH

00:08:50.363 --> 00:08:53.332
WORKING FOR HER AL ELEVATE.

00:08:53.399 --> 00:08:54.667
TRAVELED INTERNATIONALLY CHASING

00:08:54.734 --> 00:08:57.169
COMPANIES AS PART OF A

00:08:57.236 --> 00:08:58.237
DELEGATION.

00:08:58.304 --> 00:08:59.438
CLEARLY CAPABLE.

00:08:59.505 --> 00:09:01.641
IT'S A PERFECT FIT FOR SO MANY

00:09:01.707 --> 00:09:01.874
REASONS.

00:09:01.941 --> 00:09:04.677
SO GODSPEED TO HER.

00:09:04.744 --> 00:09:05.578
A GREAT MATCH.

00:09:05.645 --> 00:09:09.815
>> A MIXED USE DEVELOPMENT

00:09:09.882 --> 00:09:11.517
ANNOUNCED THIS TIPTON COUNTY

00:09:11.584 --> 00:09:12.551
JUST OFF U.S. 31.

00:09:12.618 --> 00:09:15.454
SO SOME OF THESE SMALLER

00:09:15.521 --> 00:09:17.323
COMMUNITIES ARE REALLY

00:09:17.390 --> 00:09:18.424
CONNECTING WITH MIXED USE

00:09:18.491 --> 00:09:19.792
DEVELOPMENT, HOUSING

00:09:19.859 --> 00:09:21.560
DEVELOPMENTS, HOUSING IS SUCH A

00:09:21.627 --> 00:09:22.929
BIG ISSUE AROUND THE STATE OF

00:09:22.995 --> 00:09:23.195
INDIANA.

00:09:23.262 --> 00:09:25.197
>> I THINK IT IS A GOOD TREND

00:09:25.264 --> 00:09:26.699
YOU'RE SEEING, BECAUSE ONE

00:09:26.766 --> 00:09:28.367
POSSIBLY POSITIVE OF COVID WAS

00:09:28.434 --> 00:09:29.435
YOU CAN LIVE ANYWHERE

00:09:29.502 --> 00:09:31.237
POTENTIALLY AND DO YOUR JOB.

00:09:31.304 --> 00:09:32.571
SOME PEOPLE ARE LOOKING TO GET

00:09:32.638 --> 00:09:34.740
OUT OF THE CITIES, AND HAVE A

00:09:34.807 --> 00:09:36.042
LITTLE MORE SPACE.

00:09:36.108 --> 00:09:38.711
THAT MIGHT BE A NEW TREND THAT

00:09:38.778 --> 00:09:40.079
INDIANA COULD ALSO CAPITALIZE

00:09:40.146 --> 00:09:40.246
ON.

00:09:40.313 --> 00:09:41.981
>> WE LIKE TO TRY TO END UP

00:09:42.048 --> 00:09:44.150
SOMETHING SPORTS RELATED.

00:09:44.216 --> 00:09:46.819
SPORTS BOOKS CONTINUE TO DO

00:09:46.886 --> 00:09:47.019
WELL.

00:09:47.086 --> 00:09:49.188
MARCH MADNESS, A BIG CHUNK OF

00:09:49.255 --> 00:09:49.522
THAT.

00:09:49.588 --> 00:09:51.824
ALMOST $500 MILLION IN WAGERING

00:09:51.891 --> 00:09:54.160
AT THE SPORTS BOOKS.

00:09:54.226 --> 00:09:57.063
>> A 50% YEAR-OVER-YEAR GROWTH,

00:09:57.129 --> 00:09:58.297
WHICH WITH IT BEING AVAILABLE ON

00:09:58.364 --> 00:09:59.799
YOUR PHONE, IT'S KIND OF

00:09:59.865 --> 00:10:01.634
DANGEROUS FOR MANY OUT THERE.

00:10:01.701 --> 00:10:03.736
BUT THE DEMAND WAS CLEARLY

00:10:03.803 --> 00:10:03.970
THERE.

00:10:04.036 --> 00:10:05.504
>> IS IT REALLY AVAILABLE ON

00:10:05.571 --> 00:10:06.172
YOUR PHONE?

00:10:06.238 --> 00:10:08.274
>> VICTOR, LAST WORD, WHAT DO

00:10:08.341 --> 00:10:11.510
YOU THINK OF THE SPORTS BOOKS,

00:10:11.577 --> 00:10:13.212
INDIANA WAS ONE OF THE LEADERS?

00:10:13.279 --> 00:10:14.747
>> IT BRINGS AN INDUSTRY, THAT

00:10:14.814 --> 00:10:17.083
WAS BLACK MARKET, INTO THE

00:10:17.149 --> 00:10:17.283
LIGHT.

00:10:17.350 --> 00:10:19.318
FROM A CONSUMER PROTECTION

00:10:19.385 --> 00:10:20.886
STANDPOINT, I THINK THERE ARE

00:10:20.953 --> 00:10:21.854
SOME POSITIVE THINGS.

00:10:21.921 --> 00:10:24.890
LET'S NOT LOOK BEYOND THE STATE

00:10:24.957 --> 00:10:30.062
REVENUE,ING -- PROVIDING THE

00:10:30.129 --> 00:10:30.963
STATE WITH RESOURCES.

00:10:31.030 --> 00:10:32.031
>> THANK YOU ONE AND ALL FOR