Transit bill to face tough road in Senate
A bill to create a rapid-transit system in central Indiana is headed for the crucible of the Senate, where skeptics stand ready to tear apart the proposal’s $1.3 billion financing plan.
Hamilton County
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Carmel tech firm plans to expand, add 36 jobs
Cloud computing firm Polleo Systems Inc. said it will add the jobs by 2016 as part of a $2.5 million expansion of its Carmel City Center headquarters
Westfield golf pro to be inducted into PGA Hall of Fame
Don “Chip” Essig IV was the 2011 recipient of the PGA Golf Professional of the Year award.
First Internet plans 48 jobs in $4.3M Fishers office
The $4.3 million expansion will go toward purchasing and refurbishing a building near Interstate 69 and 116th Street that formerly housed the St. Vincent Health medical center.
Shuttle to Hamilton County job sites is tweaked
A reverse-commute shuttle that helps Indianapolis residents get to jobs in Carmel and Fishers is being expanded.
Butler Automotive snaps up 96th Street parcel for dealership
An affiliate of Butler Automotive Group bought more than 19 acres at the northwest corner of East 96th Street and Randall Drive in late December and is seeking permission from Carmel to build a structure that would house Butler Hyundai.
New restaurants: Upland in Carmel, Lincoln Square downtown
Old Carolina Barbecue also announces expansion to Indianapolis market.
Lifestyle mall triggers wave of development at Interstate 69 exit
Five years after the Hamilton Town Center lifestyle mall opened at a sleepy interchange on Interstate 69 in Noblesville, the neighborhood is one of the hottest growth markets in the state for retail, residential and medical development.
Fishers auto supplier moving to Anderson
Keihin North America Inc. plans to relocate between 130 and 175 management, engineering and development jobs to the Flagship Enterprise Center.
New ChaCha unit to pair celebrities, advertisers
The ever-evolving information/answers service ChaCha Search has launched a startup within the 7-year-old company. Social Reactor will match advertisers with participating celebrities and other “social influencers,” who will use social media tools such as Twitter to drive fans to advertisers. Verge founder Matt Hunckler was tapped to get it rolling.
Analysts: ITT’s woes are likely to worsen
Investors have dumped the already-depressed shares of ITT Educational Services Inc. after the operator of for-profit colleges shelled out $46 million for bad private student loans it had backed to help students pay the portion of its pricey tuition that federal loans won’t cover. With fewer ITT graduates able to find jobs, the default rates on these loans has spiked.
Fishers Town Council elects new leadership
The seven-member council chose John Weingardt as president and Pete Peterson as vice president. Weingardt replaces Scott Faultless, who had been president since 2001.
Mayors organize to tackle regional issues
The leaders of 18 central Indiana cities and towns have formed a group that intends to address regional concerns, starting with a proposed $1.3 billion, 10-year mass transit plan.
Stock buyback continues at CNO
The Carmel-based owner of Bankers Life and other insurance companies has seen its stock rise as it restructures debt.
Fishers to kick in $8M toward new I-69 interchange
The Fishers Town Council voted Monday to spend $8 million in local funds toward construction of an Interstate 69 exit at 106th Street that will cost an estimated $25 million to build.
Kenley pitching license plate tax to fund highway projects
A license plate tax of $20 to $50 per car will be one of a raft of proposals considered by the Legislature next year as a way to fix a hole in funding for road maintenance, and to keep expanding Indiana’s system of highways.
Hamilton County airport closer to extending its runway
Federal, state grants will fund study of project intended to serve growing corporate clientele.
Pedcor to start second phase of Carmel’s City Center
The Nash, a three-story, $10 million mixed-use building, is to be built just south of City Center on the west side of Rangeline Road.
Retail, apartment blitz hits Fishers
It seems as if all of Fishers is under construction—and not just the perpetual improvements to Interstate 69. Developers have lined up a multitude of deals adding residential and commercial space, projects that are coinciding with the town’s recent voter-approved transition to a city.
Data center N/Frame spending more on Carmel upgrade
The company that hosts outsourced computer operations is dramatically boosting its investment in its local operation.