North of 96th roundup: Kittle’s planning $20M showroom in Noblesville
Multiple retailers, restaurants and other businesses have recently opened or are planning new locations in the north suburbs of Indianapolis.
Carmel
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Developer planning 142 homes near Village of West Clay in Carmel
Clay Cottages would feature 99 single-family detached and 36 attached-paired houses priced from about $450,000 to $650,000, and seven estate-style houses that would range in cost from $1.25 million to $1.5 million.
Carmel City Council mulls salary increases for mayor, other officials
The Carmel City Council on Monday night heard an introduction of an ordinance that would provide raises in 2025 for the city’s mayor, judge, clerk and council members.
Overhaul of Carmel Christkindlmarkt’s board draws community concern
Nearly 20 community members spoke at the beginning of Monday night’s Carmel City Council meeting, with many expressing worries about the Christkindlmarkt’s future and the treatment of former board members.
Central Indiana’s largest office park secures new loan, additional investment
More than $36 million already has been invested into the campus over the past eight years, with updates to building systems, indoor and outdoor amenities, lobby spaces, restrooms and facades.
Carmel City Council nixes proposal to set 20 mph speed limit at roundabouts
The council’s Finance, Utilities and Rules Committee said installing raised crosswalks and rapid flashing beacons, where necessary, would be more effective than setting a speed limit.
Q&A: Carmel native builds company by building community
How has Old Town Design Group consistently grown in spite of real estate market disruptions? And what is its plan for the future? Co-founder Justin Moffett addressed those and other questions.
Carmel Clay Parks needs new funding source soon
Parks Director Michael Klitzing told IBJ the department over the next 10 years will need $6.5 million per year in capital funding to maintain its current assets and $11.5 million per year in capital funds to develop new parkland.
3rd Shot Pickleball planning indoor facility in Carmel
3rd Shot Pickleball received approval this week from the Carmel Plan Commission’s Residential and Commercial Committee to retrofit a building with 15 courts.
Carmel-based real estate tech firm Realync acquired
Realync, whose platform allows apartment managers to offer virtual property tours, has been acquired by Texas-based Grace Hill Inc.
North of 96th roundup: Doughnut shops among businesses opening in north suburbs
Multiple retailers, restaurants and other businesses recently opened or began planning new locations in the north suburbs of Indianapolis.
Allied Solutions signs naming rights deal for Carmel’s Center for the Performing Arts
The seven-year sponsorship deal renames the not-for-profit arts organization and its three-venue campus the Allied Solutions Center for the Performing Arts.
Carmel-based Merchants Bank hires new CFO
Merchants Bank’s new chief financial officer, Sean Sievers, comes to the Carmel-based bank after holding similar positions at some of the nation’s largest banks and mortgage lenders.
Carmel City Council OKs $19M TIF bond for Proscenium III project
Plans for the project call for 120 apartments, a 125-room high-end hotel, 63,000 square feet of office space, 15,000 square feet of retail space, 508 parking spaces and a public plaza.
Carmel-based MBX Biosciences shares jump 48% in Nasdaq debut
The five-year-old company is developing treatments for endocrine and metabolic disorders, such as hypoparathyroidism, post-bariatric hypoglycemia and obesity. Its positive reception on Wall Street was seen as an extension of the general enthusiasm for obesity treatments.
All Things Carmel store closes as funds redirected to fire, police, roads
All Things Carmel opened in 2016 in Sophia Square in response to sell Carmel-branded or Carmel-related merchandise.
Carmel City Council questions need for apartments in Proscenium III project
Initial plans for the project include 151 apartments, a 125-room hotel, 63,000 square feet of office space, 15,000 square feet of retail space, 508 parking spaces and a public plaza.
State homeland security head to become Carmel fire chief
The city of Carmel on Monday announced that Joel Thacker will assume the role of fire chief Sept. 3.
Carmel-based logistics firm plots exponential growth
Koola Logistics received approval from the Indiana Economic Development Corp. for $4.25 million in conditional EDGE tax credits to expand their payroll to 250 by the end of 2026.
Carmel City Council removes GOAT’s restrictions, approves DORA
The Carmel City Council on Monday night voted 8-0 to remove rules instituted two years ago that required The GOAT to have earlier closing times, no outdoor speakers and a neighborhood hotline.