For sale: Former Shapiro’s building in Carmel
The Carmel City Center building that housed Shapiro’s Delicatessen for more than a decade is for sale following the restaurant’s June closure.
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Electric kart racing operator speeding into Noblesville
California-based K1 Speed Inc. hopes to open a high-tech electric kart-racing center in Noblesville in late September. But first, it needs the city’s permission to locate an indoor recreation business in the Saxony Corporate Campus near I-69.
Carmel council releases (most) arts grants
Finally satisfied that Carmel will end the year in the black, its City Council on Monday released more than $500,000 in arts funding that’s been on hold since April. But an increasingly hawkish majority held back another $200,000 earmarked for the Civic Theatre.
Carmel council axes funding for redevelopment commission boss
Carmel City Council members exerted their influence over redevelopment commission expenses Monday, denying a $60,000 contract extension for longtime Executive Director Les Olds despite Mayor Jim Brainard’s pleas to keep him on the job.
Online markets help Indiana growers find new customers
Online “food hubs” have emerged as small and medium-sized farmers have worked together to find quicker and broader ways to distribute their produce.
Delta Faucet builds innovation machine in Carmel
One of Indiana’s most innovative companies in the past decade doesn’t make surgical instruments or drugs or engines. It makes water faucets and toilets. Delta Faucet Co. has secured 589 patents in the past 20 years.
Indy Eleven coach: Team, game ‘bigger than one community’
Carmel resident Juergen Sommer traveled the globe as a professional soccer player before hanging up his cleats more than a decade ago. Now he’s at the helm of Indiana’s newest pro sports team.
Crowd funding taps passionate fan base for fantasy figurines
A growing number of small game companies will join a pantheon of industry titans starting Aug. 15 at the Gen Con Indy gaming convention. The small guys are there largely because they can get the money they need to keep themselves alive via the fundraising technique known as “crowd funding” or “crowd sourcing.”
Regulators: JPMorgan owes $410M for price manipulation
The Federal Energy Regulatory Commission said the bank used improper bidding strategies to squeeze excessive payments from two power grid operators, including the Midcontinent Independent System Operator, which is based in Carmel.
Local firms team up to buy North Meridian office building
REI Real Estate Services LLC and Perennial Investments say that together they'll invest about $1 million in hopes of getting the office building at 550 Congressional Blvd. fully leased.
Developer puts key Zionsville parcel under contract
The vacant piece of land on the southwest corner of Main and Sycamore streets, once home to a Citgo gas station, is viewed as a vital link between the historic village and development to the south.
Software firm finds beer business is a frothy market
Carmel-based Blue Horseshoe Solutions develops software that manages supplies, warehousing, deliveries, worker productivity and other logistical complexities connected with any number of goods-producing businesses, but about 25 percent of its business falls within the beverage category.
Bank seeks abatement to construct office space along I-69
Economic development leaders in Fishers are asking the Town Council to OK a six-year property tax abatement to help First Internet Bancorp construct as many as two office buildings.
Noblesville council weighing 10-year tax phase-in for SMC
Fast-growing SMC Corp. of America plans to spend $6.1 million on equipment to expand production and distribution capacities at its North American headquarters in Noblesville.
Roundup: Zaxby’s heads north, sushi in Carmel, pizza in Fishers
Chicken chain Zaxby’s spring sponsorship deals with the sports programs at IU and Purdue now make more sense: Central Indiana is slated to get its first location later this year. Plus more retail news.
Greenfield chamber seeks funds to preserve historic building
Less than 50 years after Hancock County was established in 1828, the building that now houses the Greater Greenfield Chamber of Commerce went up on the corner of State and South streets.
Will retail follow rooftops in Village of WestClay?
If the “retail follows rooftops” real estate mantra is true, The Village of WestClay may soon see the commercial development its founders envisioned more than a decade ago.
Friday fun: County 4-H fairs
An ice cream churn-off, model tractor pull, rabbit costume contest and the Llama Limbo. This weekend’s schedule of events can mean only one thing: It’s 4-H fair season in Hamilton and Boone counties.
Car parts maker expands in Hancock County
A 250,000-square-foot distribution center that sat empty since the recession has finally nailed down a tenant—a Canadian firm relocating operations from nearby Knightstown.
Will residential boom end commercial bust in West Clay?
Residential construction is booming in The Village of West Clay, the already-sprawling Carmel development designed to mimic small-town life at the turn of the (last) century. But not everything has gone according to Brenwick Development’s ambitious plans. Two commercial nodes remain largely undeveloped, and one property owner’s legal woes led to several high-profile vacancies that have yet to be filled.