The Herald Bulletin

Morning Update

Local Business

March 14, 2013

Business owners say reservoir idea is all wet

ANDERSON, Ind. — The proposal to create a 2,000-acre reservoir that would put the Mounds Mall area under water sounds like bad business to area merchants interviewed Thursday.

Even if his business didn’t go under water literally, it would do so figuratively, said Coin Express co-owner Stephen Hughes.

Hughes’ store is at 2018 S. Scatterfield Road, right on the edge of the proposed reservoir area that would stretch seven miles through Anderson, Chesterfield and Daleville.

“I don’t want all the businesses knocked out of here,” Hughes’ wife and co-owner, Jeannie, said. “Anderson already has enough problems.”

Businesses are leaving, she said, and the focus should be on keeping them here and bringing new ones in — not destroying or relocating them to put in a reservoir.

Proponents of Mounds Lake Reservoir say it could help promote economic development, meet future growth demands and alleviate drought conditions.

Stephen said he can see more expensive houses than new businesses being built near the water.

“I do not see where putting a commercial area, a residential area ... under water is economic development,” said a Stone Age co-owner, who asked that her name not be used. Stone Ages sells smoking paraphernalia.

The Stone Age co-owner said she’s curious about why the reservoir is not being proposed for another, less-populated area — rather than an area where many small businesses have invested money. She’s also concerned about the impact on history at Mounds State Park and on the Anderson Municipal Airport.

“It would kill the rest of Anderson,” she said. “I don’t see how it’s possible.”

Another store owner in the complex near Roses department store said he’d likely go out of business if the reservoir became reality. He noted that he and other merchants would not be able to afford rent at retail locations closer to Interstate-69.

A reservoir might be a good idea, he noted, but not where it’s being proposed. “It would definitely wipe out jobs and create economic destruction,” said the store owner, who asked that neither he nor his business be identified.

Mounds Mall and Mounds State Park are expected to release statements today.

Find Dani Palmer on Facebook and @DaniPalmer_THB on Twitter, or call 640-4847.

Text Only
Local Business
  • NWS - HB0516 - St Vincent Hospital file.jpg St. Vincent says it will eliminate some employees, contract associates

    The St. Vincent Health network said Thursday it plans to restructure its workforce, eliminating employees and contract associates across its 22-hospital system.

    May 23, 2013 1 Photo

  • Flagship Microloan program expands

    The Flagship Enterprise Center is making $500,000 more in loan funds available to local small businesses.

    May 22, 2013

  • NWS - HB0522 - chapel - JM (2).jpg Hospital dedicates St. John’s Chapel

    St. Vincent Anderson Regional Hospital renamed its chapel on Tuesday to pay homage to its past. About 70 people attended the dedication service of the newly christened St. John’s Chapel just inside the main lobby doors at the hospital.

    May 21, 2013 1 Photo

  • Emmett Dulaney: First sports marketing camp starts in June

    For the first time, Anderson University is offering a summer camp for high school students who are interested in learning about the field of sports marketing.

    May 20, 2013

  • Charo Boyd,column mug.jpg Charo Boyd: Social Security honors all who serve

    Every day of the year, Americans across the nation remember friends and family members who have served and sacrificed for their country. Memorial Day is a day when we all come together to honor those who have given their lives in the defense of freedom and the principles we hold dear in this country.

    May 20, 2013 1 Photo

  • NWS - HB0516 - St Vincent Hospital file.jpg Study reflects local hospital costs on par

    It’s hard to say what’s worse — being hospitalized, or the bill that follows.
    But in some places, that bill might be a bigger hit than others: Say, Monterey Park, Calif., for example, where an inpatient being treated for heart failure could expect to pay about twice the average between Madison County’s Community Hospital Anderson and St. Vincent Anderson Regional.

    May 20, 2013 2 Photos

  • News of Record: Divorce and bankruptcy filings

    Divorce filings and bankruptcy filings recently for Madison County, as published Sunday in The Herald Bulletin:

    May 19, 2013

  • BIZ - HB0519 - garage sale - 04.jpg Yard sale season means big business

    Yard sale season is upon us, again.
    In Ginnie Clevenger’s Pendleton neighborhood, it’s been a Pendle Hill homeowners’ association tradition since 1977, marked every year with a big banner and balloons tied to mailboxes. Saturday, between 15 and 20 homeowners had signed up to price-sticker their old clothes, video tapes, whats-a-whose-its and thing-a-ma-bobs, and spread them across their front lawns.

    May 18, 2013 3 Photos

  • BIZ - HB0519 - Hoover, Emily.jpg Business People: May 19

    Business People briefs, as published Sunday:

    May 18, 2013 3 Photos

  • THB Big Joe Big Joe Clark column: Competing with tax policy difficult in a changing world

    Years ago, I received valuable insight into the eyes of the Internal Revenue Service.
    A client was being audited, and I saw the writing on the wall of the financial impact if the fines were truly assessed.

    May 18, 2013 1 Photo

Stocks
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide