Developer seeks $20M bond to finish Carmel City Center
Suburban sensibilities be darned: Density is not a dirty word when it comes to Carmel City Center. But it can be an expensive one.
Hamilton County
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Trailside property in Midtown Carmel draws bids
Two development teams submitted bids for five acres of publicly owned land along the Monon Greenway in Carmel’s Midtown area, but their plans for the blighted property remain under wraps for now.
Wellness provider beefing up new Carmel office
A year after announcing plans to move its headquarters from San Diego to Carmel, wellness provider American Specialty Health has about 170 employees working in central Indiana—including 60 who relocated from other offices. It plans to hire another 30 this year and up to 250 in 2015.
Westfield OKs publicly funded facility lease
Westfield’s $45 million-plus bet on youth sports got bigger Monday, when its City Council approved a publicly funded lease to build a $25 million indoor soccer facility at Grand Park.
Westfield weighs public lease for soccer arena
City officials are proposing to pay for the $25 million project at Grand Park Sports Complex through a publicly funded long-term lease.
Hawthorns golf club headed to auction; lender seeks control
The future of the Hawthorns Golf & Country Club in Fishers is expected to become clearer next week, when a bankruptcy court judge weighs in on the lender’s plan to take over operations.
Museum keeps historic trains rolling through central Indiana
Founded in 1960, the Indiana Transportation Museum has been working for decades to preserve the Nickel Plate Railroad’s legacy by offering guests what it calls “moving experiences”—literally.
Carmel panel accepting bids for ‘beachfront property’ in Midtown
The Carmel Redevelopment Commission is accepting bids for almost five acres of land along the Monon Greenway in the city’s so-called Midtown area, which is being targeted for renewal.
Fishers tech startup lands $1 million in seed capital
A Fishers-based tech startup in the home-services industry said Tuesday that it has raised $1.03 million in venture capital, including seed funding from a pair of well-known Indiana investment groups.
Carmel council OKs $3.8M bond for luxury apartment project
Keystone Realty Group’s $30 million The Olivia on Main apartment project cleared a major final hurdle Monday, when Carmel City Council unanimously agreed to issue $3.8 million in low-interest bonds to help prepare the five-acre site for construction.
Fishers weighs tax break for Roto-Rooter facility
Fishers Town Council is expected to consider a tax abatement for Roto-Rooter Inc., which is weighing a site along Interstate 69 for a $6 million building to house its expanded regional operation.
Palladium engineer agrees to $800K legal settlement
The Carmel Redevelopment Commission has accepted an $800,000 settlement offer from the engineering firm that reviewed plans for the Palladium concert hall’s roof, inching closer to resolving a years-long legal dispute over its flawed design.
Hiring surges at Carmel financial-services firm
Allied Solutions LLC said it is looking to fill 60 jobs this year and potentially more next year as it extends a growth streak.
Hotel developer planning project near Hamilton Town Center
A hotel developer based in Columbus, Indiana, is working on plans to build a Holiday Inn Express Hotel & Suites near Hamilton Town Center in Noblesville. Could more hotels be coming down the pike?
Environmental contractor plans $2.8M HQ in Westfield
Environmental contractor Thieneman Construction Inc. plans to build a $2.8 million headquarters in Westfield’s Custom Commerce Park, more than doubling its staff there over the next decade.
Meridian hoteliers rally to save I-465 ‘service’ signs
Already stinging from this year’s U.S. 31 closure in Hamilton County, a group of Carmel hoteliers is asking the state for help keeping customers coming their way.
Carmel council: No quick decision on City Center funding
Carmel City Council will take its time considering Pedcor Cos.’ request for public funding for a parking garage and other infrastructure needed to finish the City Center development downtown.
Keystone offers to forgive CRC obligations to win bond
Keystone Realty is offering to let the cash-strapped Carmel Redevelopment Commission off the hook for $250K in promises if city officials approve a $3.8 million bond issue to help get its Olivia on Main project off the ground.
Kroger dusts off plans for giant Fishers grocery
Kroger Co. is resurrecting plans to replace its busy Olio Road grocery in Fishers with a 123,000-square-foot Kroger Marketplace store.
Financing pitch puts Pedcor on hook for $100M City Center plan
Pedcor Cos. is offering Carmel leaders an unusual array of guarantees backed by its own bank account in hopes of landing public funding for a portion of its $100 million City Center expansion.