Articles

Law firm moving to Carmel City Center

Indianapolis-based Drewry Simmons Vornehm LLP announced Friday it will move 39 employees from Keystone Crossing to a new Carmel headquarters as part of a growth plan that could include a downtown Indianapolis location.

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Bid deadline looms for former Hilbert mansion

The 25,000-square-foot mansion once owned by Conseco Inc. founder Stephen Hilbert was listed five years
ago at $20 million—and
about half that in recent months. Now the property is being sold in a sealed-bid auction, and offers are due Friday.

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Proposal: Link federal aid to performance of ITT, peers

The Obama administration released a proposal that would tighten for-profit colleges’ access to federal student aid,
threatening an industry that received $26.5 billion in U.S. funds last year. Carmel-based ITT Educational Services
is among those potentially affected.

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Recession temporarily slows suburban migration

Using U.S. Census data, the Indiana Business Research Center finds Indianapolis’ population grew by 6,854 residents last year
while Fishers, Noblesville, Carmel and Greenwood saw less-than-average gains.

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New federal rules target for-profit college recruiting

The Obama administration proposed banning for-profit colleges, including Carmel-based ITT Educational Services Inc., from
tying recruiters’ pay to the number of people they enroll, saying high-pressure sales tactics induced students to take
out government loans they can’t afford.

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Is going multimodal next for Carmel?

Carmel’s virtual Disney World of new, high-density attractions—from the mixed-use City Center to the Carmel Arts and Design
District—were built with walking and biking access in mind. A recently completed study shows the potential to link numerous
other city destinations by multiple forms of transportation.

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In-car spy device could drive sales

Carmel-based CarCheckup LLC has created a cell-phone-size device that plugs into a car’s “OBD II” diagnostic port to track
a plethora of data, such as speed ranges, graphs of RPM, and numbers on how hard the car accelerated and braked. The company
is marketing the device to parents of teen drivers, among others.

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