City prepared to kick in $4.6M toward Bottleworks project
The money will be used to move an electric transmission line that runs through the property, as well as to activate insurance policies that should cover environmental remediation costs.
The money will be used to move an electric transmission line that runs through the property, as well as to activate insurance policies that should cover environmental remediation costs.
The city of Carmel has been ordered by a Boone County judge to cease any work on its proposed 96th Street roundabout project, which is the subject of an ongoing land dispute with Indianapolis.
Candidates who run on ideas—no matter the results—breathe life into their party and help move communities forward.
A virtuous circle develops as rising tech stocks continue to attract new buyers and index funds must continue their purchases to maintain their proportion in the index.
The far-east side shopping center appears on the list of delinquent properties for Marion County’s next tax sale.
The Carmel Board of Public Works approved the agreement with a Goshen-based construction contractor at a meeting Wednesday morning.
Securities filings show how activist investors gained influence, how organic turnaround plans lost favor, and how IAC played hardball at the negotiating table.
Indianapolis-based Onyx + East plans to build 64 units near 116th Street and College Avenue. It also has a project in the Village of West Clay and is negotiating for land in the heart of the city.
In a lawsuit filed this month in Marion Superior Court, Indianapolis claims its northern neighbor is encroaching on the city’s corporate boundary. The seven-page complaint is seeking a preliminary injunction preventing Carmel from continuing with plans to build four roundabouts.
In April, Carmel officials put out a call for a developer to construct for-sale housing options on the parcel adjacent to the Carmel fire and police departments.
Four proposals were submitted this week to the Hoosier Heritage Port Authority for expanded service along the Nickel Plate rail line, conflicting with another plan to turn the corridor into a pedestrian trail.
Under the agreement, prospective store buyers Kroger and Fresh Encounter would be able to operate pharmacies at the locations much sooner than rival CVS expected.
A bankruptcy court filing Tuesday afternoon says an affiliate of Kroger plans to buy 11 stores for $16 million and an affiliate of Fresh Encounter plans to buy 15 stores for $8 million.
A review committee has recommended the plan to city officials over a proposal submitted by the owner of the liquor store next door.
The Fishers-based company would not provide details on the offers, which it is evaluating with creditors. The fate of its 44 remaining stores likely will be determined next week.
Fishers-based Marsh Supermarkets has received offers for at least some of its remaining 44 stores “from numerous bidders,” the company said Wednesday evening, less than two hours after the bid deadline set by bankruptcy court.
The deadline was Monday for the company to identify a so-called stalking horse bidder, which would make an initial offer for the grocer's assets that any other suitor would have to beat. Bidders for the business still could emerge, but time is running out.
Landlords across Indiana are feeling the pain from the collapse of Marsh Supermarkets, but none more so than a Canadian firm that had as many as 12 of the grocer’s stores in its portfolio.
The state is asking vendors to submit bid packages by June 12 for a drug whose price has spiked in recent years.
The beleaguered supermarket chain had sponsored the Indianapolis Symphony Orchestra’s summer outdoor concert series for 35 years.