City Center expansion plans could cost $100M
Developer Pedcor Cos. unveiled conceptual designs for six more buildings at Carmel City Center that could cost as much as $100 million to build over the next four to five years.
Hamilton County
Articles
Indy-based Simon spinoff will include 13 Indiana centers
The locally based retail giant confirmed Friday morning that its new spinoff will be headquartered in Indianapolis. Several of Simon’s properties in the area will be among the new portfolio, including Clay Terrace in Carmel.
Roundup: Blow-dry bar, burger bar, Hot Mama
A new salon concept is blowing into Carmel next week. Dubbed do-tique, the dedicated blow-dry bar will offer shampoos and styling. Plus: A pop-up shop adds to its Twelve Days, and The Pint Room’s plans.
Economic distress doesn’t recognize county lines
Hamilton and Boone counties are home to upscale communities, but the suburbs are not immune to problems like unemployment, homelessness and food insecurity.
Security firm’s job-creation plans draw state incentives
Allegion PLC’s plans to add employees at its North American headquarters in Carmel could earn the global security firm as much as $2 million in tax credits from the Indiana Economic Development Corp.
Noblesville’s riverfront park taking shape
Planning for a riverfront park in downtown Noblesville is almost complete, but next comes the hard part—figuring out how much of its wish list the city can afford to bring to life.
Fraternity moving headquarters to Carmel
Indianapolis-based Theta Chi Fraternity will move its headquarters from College Park to Carmel early next year.
Council delays decision on fate of Fishers tax
Fishers’ Town Council postponed a decision on a proposed 1-percent food-and-beverage tax Monday night, tabling the measure without comment rather than carry out an expected vote. It also OK’d an incentive deal for construction firm Meyer Najem.
Fishers weighs incentives for office building
Construction firm Meyer Najem Corp. is planning a $5.5 million office building in downtown Fishers to house its growing operations and other high-potential businesses. A proposed deal calls for the town to contribute 1.7 acres of land and $1.4 million.
Westfield gearing up for big hospitality play
Westfield’s massive Grand Park Sports Campus doesn’t open until March, but city leaders already are focused on making sure the 1 million-plus visitors they expect next year want to come back.
Carmel complex’s new owner plans major upgrade
Zeller Realty Group has acquired the 300,000-square-foot Meridian Plaza right on Carmel’s front door step, and is gearing up for a $4 million revamp.
Noblesville to join Fishers in ranks of second-class cities
Noblesville Common Council members voted 5-2 Tuesday to elevate the city to second-class status effective Jan. 1, 2016, after the next municipal election.
Mass Ave retailers about to pop up in Carmel
A band of Mass Ave merrymakers are heading north for the holidays, opening a pop-up shop in downtown Carmel.
Retail taking shape near Westfield sports park
Construction is expected to begin this spring on the first retail building in Grand Park Village, the commercial hub planned for just south of Westfield’s massive youth-sports megaplex.
Home builders race to meet demand
Slow but steady growth in central Indiana’s new-home market has chipped away at the supply of available lots, leaving developers and builders scrambling to keep up with demand.
Councilor: $100M deal hanging on Fishers tax hike
A private company is weighing a $100 million investment in Fishers, Town Council member Scott Faultless said Monday, but the project depends on adopting a 1-percent food-and-beverage tax that’s still the subject of heated debate.
Developer wants Fishers to take over Saxony Beach
Foundation work is under way for the next phase of Republic Development Corp.’s Saxony Village project, which includes a lakefront community building that it wants to turn over to the town of Fishers along with Saxony Beach.
Growing central Indiana suburbs mull class status
When Fishers becomes Hamilton County’s newest city in 2015, it also will be the first of Indianapolis’ northern suburbs to achieve “second-class” status. Others—including suburban standouts Carmel and Noblesville—qualify for an upgrade because of their growth but have not made the leap. Yet.
Future murky for Carmel’s 2-story development rule
City leaders are embroiled in a debate over the future of Range Line Road, through the heart of Carmel’s redeveloped downtown. Special density zoning rules are intended to create a consistent look and keep residents from bearing the brunt of the city’s significant infrastructure investment. The question is whether it’s working.
Indianapolis-area home sales take nosedive
Although area sales are up 16 percent through the first 10 months of the year, the trend has slammed into reverse in recent months amid higher mortgage rates and tighter inventories.