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.
Carmel
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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.
Pence gets bill to give Boone, Hamilton more alcohol permits
House Bill 1386, which would also tweak a 2015 law that deals with regulations for the vaping industry, was passed by Senate 63-30 on Monday.
Bond bank will manage Carmel debt
Carmel Mayor Jim Brainard is trying to streamline the city’s debt management with a new Local Public Improvement Bond Bank. But it’s not clear whether his method in creating the bond bank, his choices for key positions, and his proposed combination of smaller bonds follow state guidelines and best practices.
Kite to add housing at Rangeline and 116th
Kite Realty Group Trust is preparing to replace one of its struggling Carmel retail strips with a mixed-use development, but the firm has released few details about the project.
DINING: Omoni is Korean on the quick
A popularizer rather than a trailblazer, the new Carmel eatery brings sincere if not particularly creative pleasure with minimal risk.
Three Duke office parks might fetch $500M-plus
Three of the Indianapolis area’s highest-profile office parks, including the two largest in the North Meridian submarket, are expected to fetch as much as half a billion dollars when they hit the market next month.
Jim Belden, Hall of Fame coach and HamCo political official, dies at 77
Belden, who served on the Hamilton County Council for 23 years, coached football at Carmel, Westfield and Noblesville high schools and won four state championships.
Carmel plans changes to pave way for development
Officials are laying the groundwork to change the historic status of hundreds of buildings, eliminate industrial use from certain areas, and allow new buildings to tower as high as 75 feet.
MISO plans $30M expansion at Carmel headquarters
Midcontinent Independent System Operator Inc. plans to add 84 employees by 2020 after reconfiguring its 133,409-square-foot facility at 720 City Center Drive to increase efficiency.
Pittman family estate dispute entangles real-estate projects
A family dispute over the estate of a well-known heart surgeon and developer in Carmel could delay progress on multiple mixed-use real estate projects in Hamilton and Boone counties.
Carmel appeals traffic ordinance case to state Supreme Court
The city is arguing that if the Indiana Court of Appeals ruling remains void, there could be “immediate and severe consequences.”
Carmel approves $233 million in new debt
The bonds will fund road and sewer improvements, redevelopment efforts and land acquisition.
Carmel-based Stratice aims to be Amazon of health care
Carmel-based Stratice Healthcare LLC wants to take the concept of electronic prescribing for drugs and extend it to most of the rest of the health care system.
Financial services firm plans $33M HQ, 600 jobs in Carmel
Allied Solutions LLC, a Carmel-based firm that serves the financial sector, is planning construction of a five-story building in the Midtown area, more than doubling the size of its existing headquarters.