Articles

Carmel also likely competing for CME Group

A letter from Carmel Mayor Jim Brainard to a company that fits the Chicago Mercantile Exchange’s description says the Indianapolis suburb is prepared to offer $150 million in incentives in return for 1,700 high-paying jobs.

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Obscure not-for-profit covering shortfalls in Carmel

The Carmel City Center Community Development Corp. has emerged as a key player in the city’s burgeoning downtown. The not-for-profit 4CDC last month gave the performing arts center $1 million to cover its operating expenses, and it’s expected to provide another $4.5 million through June 30.

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Carmel free clinic drawing jobless professionals

Trinity Free Clinic in Carmel began in 2000 to serve a growing Hispanic immigrant population. Since the latest recession, so many people—including unemployed professionals—have found their way to the clinic that the portion of white patients has grown from one-third in 2008 to 47 percent last year.

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Carmel mayor’s next goal: Build posh, $32M hotel

The principal developer of Carmel’s City Center, Pedcor Cos., is working with city officials on plans for a four-star boutique hotel that likely would cost at least $32 million to build and may require an additional city subsidy.

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ChaCha broadens business strategy

Mobile-phone-answers service ChaCha Search has dialed up its largest expansion yet—entering the United Kingdom and contracting with New York City’s “311” municipal information service.

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