Articles

Carmel mayor’s next goal: Build posh, $32M hotel

The principal developer of Carmel’s City Center, Pedcor Cos., is working with city officials on plans for a four-star boutique hotel that likely would cost at least $32 million to build and may require an additional city subsidy.

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New eateries show Broad Ripple isn’t just for college crowd

A new restaurant planned for Broad Ripple from restaurateur Martha Hoover—along with other new arrivals, including 10-01 Food & Drink and Fire by the Monon—suggests the neighborhood remains one of the city’s most sought-after spots for local restaurants.

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Owner finding new tenants for former Macy’s

High-end custom homebuilder Moussa Khoury and a partner bought the former Macy’s store at Washington Square Mall in 2009 for about $775,000. They paid cash since commercial lending had vanished. Two years later, the investment has begun paying off.

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