Articles

Carmel developer pitching $150M Midtown plan

Carmel-based Old Town Development LLC expects to file plans this week for a $150 million redevelopment project on 11 acres in the suburban community’s blighted Midtown area, between Carmel City Center and the Arts & Design District near the Monon Greenway.

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More Carmel apartments on the drawing board

An affiliate of Butler Automotive Group is asking Carmel for a zoning change that would clear the way for a 235-unit apartment complex just north of an under-construction Hyundai dealership at 96th Street and Randall Drive.

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Keystone seeks $3.8M subsidy for Carmel project

Keystone Realty Group is asking Carmel to issue $3.8 million in economic development bonds to help pay for parking and site work on a 5.3-acre property it plans to redevelop at the intersection of Old Meridian and Main streets.

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HQ move earns pharma firm another tax break

A Carmel-based institutional pharmacy plans to invest $8 million expanding its Noblesville operations, which include its headquarters. On Tuesday, it received its second tax-incentive deal from the city in two years.

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Feds’ new data adds shine to Hoosier incomes

In April, the U.S. Bureau of Economic Analysis began considering cost of living alongside the stew of income figures it has long collected, and the new, adjusted income numbers make both the metro area and the state look like better places to live.

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Locals asked to help fund commuter-bus service

Fishers Town Council on Monday is expected to consider a subsidy of up to $22,500 to keep the Indy Express commuter buses running for the rest of 2014. Carmel City Council, meanwhile, has a $30,000 grant request on the table.

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Clay Township sewer-overflow project halted

The Clay Township Regional Waste District on Wednesday withdrew its offer to buy part of a church’s land and build a million-gallon sewage-overflow tank near 106th Street and Keystone Parkway.

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