Articles

Report: Carmel panel may face TIF shortfall but can pay debts

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.

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Upscale salon closes Clay Terrace storefront

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.

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UPDATE: Hoosier roots keep Jarden Home HQ in Indiana

Jarden Home Brands considered out-of-state sites for a new distribution center to serve its growing consumer-products business, but leaders opted to stay close to home. The Daleville-based company plans to move its headquarters to Fishers.

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Jarden Corp. unit plans HQ in Fishers

A subsidiary of the consumer products giant behind Ball jars, Yankee Candles, Crock-Pots and Coleman tents plans to spend nearly $22 million to open a regional headquarters and distribution center in Fishers that could employ nearly 300.

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Private foundation planning Carmel HQ

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.

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