New financial projections suggest the Carmel Redevelopment Commission will have enough annual revenue to pay its debts for the next 15 years before dipping into reserves. But property taxes from the city’s two-dozen TIF districts could fall more than $1 million short as soon as next year.
Carmel City Council voted 6-0 Monday to terminate a tax abatement for Pharmakon LTC Pharmacy, which relocated its drug-repackaging operation to Noblesville last year.
High-end David & Mary Salon Spa has closed its Clay Terrace location after months of grappling with road construction, frigid weather and the loss of several key employees. Plus: Macaroni Grill leaves Carmel.
Is it better than Bub’s? Livelier than Scotty’s? I dodge both questions.
Leo Brown Group opened two facilities in Indianapolis and Avon in June, and has started construction on two similar projects in Ohio and Kentucky.
The $5 Hamilton County commuters pay to ride the Indy Express bus to or from downtown isn’t enough to sustain the route, the operator told Fishers Town Council during a Monday work session.
Indianapolis-based Liberty Fund plans to build a campus-like headquarters on the Meridian Street office corridor in Carmel—if officials approve a couple of notable exceptions to the city’s development guidelines for the area.
Carmel wants to rezone more than 130 properties along the Monon Greenway north of 96th Street, a move leaders say will protect the tree-lined trail from future development. Neighbors aren’t convinced.
Business has skidded for some eateries along the corridor as work crews transform it into a limited access highway. Proprietors are reaching out to customers with promotions but gripping the bottom line.
An independent restaurant owner plans to take over the vacant Glass Chimney building on Carmel’s Old Meridian Street, transforming it into a family eatery with two outdoor dining areas.
Longtime Carmel garden center Sundown Gardens is transplanting its operations to Westfield, where it’s planning an outdoor showroom and an agritourism-focused retail area.
Carmel-based Delta Faucet Co. has a new president after a pair of promotions by parent company Masco Corp., the companies announced.
Plans are in the works to transform the former Lotus Garden restaurant in Carmel into a veterinary clinic with a pet spa, boarding facilities and a future bark park.
Preliminary plans call for starting work on a parking garage and as many as three mixed-use buildings this fall, with another half-dozen projects in the pipeline.
I never tire of pizza. And there are enough subtle and not-so-subtle variations on the American/Italian staple that it never seems to get boring.
Carmel-based Old Town Development LLC is planning to transform the former Sunrise Golf Club into a residential community targeting empty nesters.
Carmel-based Baker’s Edge may not have landed an investment on the season finale of ABC hit “Shark Tank,” but co-founder Matt Griffin nevertheless feels good about the experience.
A Hamilton County court has approved the sale of nine central Indiana properties tied to Carmel-based CFS Inc., which is facing a state securities fraud lawsuit. Twice as many remain on the market.
Sports pub chain Tilted Kilt is planning a Carmel location. Plus: new beer options, McAlister’s remodels, and a local toy store closes.
Carmel residents Matt and Emily Griffin can expect to see a big burst in sales of their innovative brownie pan after they appear in front of celebrity entrepreneurs on ABC-TV’s hit show later this month.
