Originally listed for $25M, Simon estate in Carmel might finally have buyer
Homebuilder Paul Estridge Jr. has been in discussions about acquiring the sprawling 106-acre property on Ditch Road, according to a source familiar with the deal.
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Clay Township delays mass-transit vote for Hamilton County until 2018
The Washington Township board voted earlier Tuesday to put the proposed tax hike on November ballots, but the overall decision hinged on whether Clay Township would also agree on the referendum.
The Lazzaras up ante in downtown Carmel after early bets on mayor’s vision pay off
Four of the family’s five local businesses operate out of downtown Carmel—and Chuck Lazzara and his son are pursuing a $20 million mixed-use development called Monon & Main.
With new Carmel HQ, tech firm aims to move beyond rocky past
Publicly traded Determine Inc. generated fanfare when it announced it was moving its headquarters here and adding 24 jobs to the 35 already here. But many investors have been betting against it for years.
Court rules in favor of Carmel in Home Place annexation case
In his decision, Special Judge Matthew Kincaid wrote that the residents of the 1,017-acre area of unincorporated Clay Township did not prove all of the elements necessary to prevent Carmel’s annexation.
Tech firm that’s moving HQ to Carmel misses quarterly expectations
Determine Inc., which plans to move its headquarters from Silicon Valley to Carmel, released quarterly financial results Thursday afternoon that fell short of analyst expectations.
Proposed $20M Carmel development includes steakhouse, town homes
Chuck Lazzara, who owns the Ritz Charles with his wife, has revealed plans for Monon and Main, a mixed-use project on the southwest corner of Main Street and the Monon Trail.
FOCUS: Investment ramps up in Carmel, Westfield as U.S. 31 construction ends
More than $235 million worth of development is anticipated or already under construction along the roadway through Carmel and Westfield—and that doesn’t include a handful of the projects with undisclosed costs.
Pittman Partners drops plans to develop $90M Zionsville project
The decision by Pittman Partners principal Steve Pittman is the latest sign of strife among siblings of Dr. John Pittman, a Carmel developer who died in 2014. Another sibling, Mark Pittman, now is leading efforts to line up an alternative developer.
Lawyers scatter after century-old Carmel firm closes
Most of the attorneys with Campbell Kyle Proffitt LLP have launched new practices following the hallowed firm’s dissolution last month.
Jonathan Byrd’s diversifies, moves north
Jonathan Byrd’s has for years been quietly expanding beyond its successful restaurant and catering company in Greenwood. Now, it is shifting most of its attention to Hamilton County.
Kite seeking zoning change for $15M-plus Carmel project
Kite Realty Group Trust is planning to turn the retail center on the southwest corner of 116th Street and Rangeline Road in Carmel “inside out.”
Jonathan Byrd’s closes Greenwood restaurant as it shifts focus north
The south side institution said on its Facebook page that it has “run its course in Greenwood,” although the Byrd Conference Center there will continue operations.
Forrest Lucas buying former Nancy Irsay estate
The founder of Lucas Oil Products has agreed to buy the nearly 40-acre spread on Ditch Road in Carmel, which sits next to the even more opulent property he bought in 2010.
Mainstreet Health to seek $95M in Canadian share offering
Mainstreet Health Investments Inc. is headquartered in Toronto but controlled by Carmel-based real estate developer Mainstreet Property Group.
Carmel’s attempted annexation of Home Place back in court
Attorneys on both sides of the lengthy annexation battle that involves a 1,017-acre area of unincorporated Clay Township are now debating whether residents receive all the public services they need without assistance from Carmel.
DINING: Carmel joins area’s ramen rage
Newcomer Kizuki Ramen & Izakaya, an appealing, comfortable chain imported from Japan for its first Indiana location, has more than just soup.
State high court denies Carmel’s request to hear traffic law case
The Indiana Court of Appeals ruled in December that the city’s local traffic code violated Indiana’s Home Rule act.
City Center to see blitz of projects this summer
After years with little construction activity at City Center in Carmel, four projects are expected to break ground this year that will bring more parking, housing and retail to the city’s core.
Blue Horseshoe planning $3.5M expansion in Carmel
The Carmel-based software firm announced plans Thursday to move into a new headquarters and add 70 highly paid employees over the next five years. Citimark is developing the three-story office building along the North Meridian corridor.