Indiana Municipal Power Agency buys wind power from Iowa
The Indiana Municipal Power Agency said it has agreed to buy up to 50 megawatts a year from Crystal Lake Wind Energy Center
in Hancock County, Iowa.
Carmel
Articles
IT firm rakes in VC cash: Interactions Corp. has raised $35M since 2002 inception
A fast-growing Carmel startup is using a blend of innovative software and human guides to answer questions over the phone.
The company could have located on either coast, but instead chose Carmel’s Clay Terrace. And the company, Interactions Corp.,
has raised more than twice as much money as ChaCha Search Inc., a higher-profile startup in a similar business that’s also
housed in Clay Terrace.
Three-year-old Carmel firm tries to distinguish itself in difficult candy industry
A local candy maker has found the sweet spot in an industry where startup efforts often go sour. Founded in 2006, Carmel-based
Candy Dynamics is making a name for itself with its unusual "double-action" sour recipe, eye-catching packaging
and unforgettable names like Toxic Waste Hazardously Sour Candy, Nuclear Sludge and Hi-Voltage Bubble Gum.
Developer plans Carmel project
Locally based Browning Investments plans to develop a 20-acre mix of hotels, office buildings, a medical center and retail space on a vacant former church property along…
Pizza chain growing & more
Monical’s Pizza plans to open new restaurants in Carmel, Fishers and Indianapolis later this year. The Illinois-based chain, known for its thin-crust pies, already has six stores in Indiana: in Avon, Lafayette,…
Housing slump puts Gramercy project in Carmel on hold:
The deteriorating housing market and Carmel’s plans to build more roundabouts have led The Buckingham Cos. to put the brakes on its ambitious Gramercy development project. The $500 million project set to begin in the spring now has no timetable. But when construction ultimately commences, it likely will begin with the commercial and retail portions rather than the home-building portion, as was originally planned, said Clyde Lee, a spokesman for the local developer. “They have revised the plans,” Lee said….
Latest real estate headlines
It’s a busy week for real estate news. Here are a few headlines:
Circuit City closes Clay Terrace store
Carmel’s high-end lifestyle center Clay Terrace has an empty big box. Virginia-based Circuit…
Who wants a piece?
A Michigan-based bakery and cafe concept plans to open as many as six new restaurants in Indianapolis, beginning with a location at U.S. 31 and Stop 11 Road. Grand Traverse…
Yats, Aldi and another steakhouse
Montana Mike’s, a Kansas-based steakhouse chain, hopes to claim Indianapolis as a lucrative new market. The chain wants to open in Greenwood first, said Madison Jobs, Montana Mike’s vice president of franchise…
Clarian hospitals in Avon, Carmel turn corner after big losses
Clarian Health officials say the only way they can keep operating their medical centers downtown is to support them with profitable
suburban hospitals. So far, it seems Clarian is on the right track. As Clarian moves forward with a new, $180 million hospital
in Fishers, its two existing suburban hospitals are starting to make money.
Antiques mall expanding
Midland Arts & Antiques Market plans to open a 12,000-square-foot location in Carmel off of 126th Street between Meridian Street and Keystone Avenue. Midland’s flagship store occupies an historic former door factory and…
No more Nothing But Noodles
Arizona-based Nothing But Noodles has closed its local stores on 96th Street and near the IUPUI campus. No one answered the phone at either of the stores or at the Indianapolis corporate…
Farewell, mediocre pizza buffet
At the top of a lunch-time retail roundup: Downtown’s Bearno’s Pizza has closed and will be replaced by Flagstar Bank. A sign on the door says to look for Bearno’s elsewhere in…
Indy fitness craze continues
With so many new fitness chains entering the central Indiana market, will Hoosier become synonymous with svelte? The latest additions: A Minnesota fitness chain has plans for new locations in Avon, Brownsburg, Carmel,…
Around town retail roundup
Several new stores and restaurants have filed plans to open locations all over the city. Wherever you live, chances are there’s something coming nearby. North: The area’s first location for salad-focused Tossed…
Red Robin, Red Robin …
Colorado-based burger chain Red Robin is entering the Indianapolis market in a big way starting later this month. The chain plans to open its first location in Plainfield on June 18. It…
Carmel mansion is history
In the market for a 20,000-square-foot mansion with 4 bedrooms, 7 full baths and 5 partial baths? Too late! The former home of Dr. Donald Perez and his wife Karen, built in…
D’vine move clears way for big project
Premier Properties has taken another step toward its ambitious plan for Woodfield Crossing. The company has a deal to relocate D’vine A Wine Bar from an existing retail building on the Woodfield property to another building it owns. 
A shopping center by any other name
I’ve got news on The Shoppes at Providence at Old Meridian, a new mixed-use project in Carmel. But first, a question: What’s the deal with the name? And second: What suggestions do you have for even more pretentious ones? How…
LA Fitness proposed for West Carmel
People on the northwest side could get another fitness option to go with a brand new Gold’s Gym that just opened near 86th Street and Michigan Road. A development fact sheet from…