Greenwood approves agreement for $83M redevelopment project
The redevelopment of the former Greenwood Middle School site would bring hundreds of residential units, plus restaurants, retailers and a public parking garage to the city’s downtown.
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Brew Link brewpub set to open in downtown Indianapolis
Brew Link, which is owned by three Hendricks County couples, opened its first location in Plainfield in 2016. The Indianapolis location is slated for a mid-March opening.
Carmel council OKs $60M in road bonds, continues questioning $65M for other projects
Some councilors have concerns about what the bonds would be spent on—including public art—while others worry the city’s plans to acquire more properties would harm small businesses.
Longtime local homebuilder Paul Estridge Jr. retiring
Estridge, 63, said a recent lung transplant, along with other factors, convinced him now was the right time to step away from his company after nearly 40 years in the business.
Carmel Council to consider establishing formal investigations process
A council member’s investigation into the Hotel Carmichael’s cost overruns and a city employee’s complaint hit a roadblock, so she’s co-sponsoring two proposed ordinances intended to provide guidance related to the council’s investigatory powers.
The Proscenium in Carmel almost ready for its debut
What once was a deteriorating Party Time Rental warehouse and an Arby’s has been transformed into a ritzy residential and commercial block.
Fry’s Electronics closes all stores, including Fishers location
The 180,000-square-foot Fishers store originally housed Incredible Universe, a media and electronics superstore owned by Radio Shack parent Tandy Corp. Fry’s took over the building in 2005.
Fishers-based autism center operator acquired by Baltimore firm
Fishers-based Behavior Analysis Center for Autism, which provides therapy to individuals with autism and other related developmental disabilities, has been sold to Baltimore-based Learn Behavioral Partners, the companies announced.
Whitestown council to weigh enacting food-and-beverage tax
In 2019, Whitestown was one of several suburban communities that received state approval to implement a 1% food and beverage tax, but it didn’t immediately impose it.
NY hedge fund’s meltdown could cost clients of Carmel investment firm millions
Indie Asset Partners customers are upset that the hedge fund, which was supposed to spread out funds to dozens of money managers, instead concentrated the money with a single manager whose performance tanked early last year.
Ultimate Technologies returns to Fishers, plans to boost workforce
Ultimate Technologies Group announced plans to add 25 employees by the end of next year, thanks to a new contract with an Indiana-based engine manufacturer.
BoomBozz owner suing former pizzeria franchisees over new restaurant
The company behind the BoomBozz pizzeria chain is suing the its former franchisees in Carmel and Fishers for allegedly using the company’s recipes and other trade secrets to open Crafters Pizza and Draft House in Carmel.
Fishers council narrowly OKs rezoning to allow affordable neighborhood
The approval will allow Hamilton County Area Neighborhood Development Inc. to develop 11 affordable, for-rent homes at the southwest corner of 141st Street and Cumberland Road.
Zionsville data-analysis firm plans expansion, 37 new jobs
Vertex Intelligence has helped institutions like the U.S. Department of Defense and companies like medical device quality management software company Greenlight Guru design, build and ship artificial intelligence products.
Proposed parking garage in downtown Noblesville might grow from 4 to 5 floors
County officials said the increasing caseload at local courts justifies building an $11.5 million, five-story garage with an additional 100 spaces.
EPA proposes pollution cleanup of Delco plant site in Kokomo
Contaminated soil and groundwater at the former General Motors plant would be cleaned up under a plan to help open up the land for redevelopment.
Auto dealer financing firm in Carmel gets fast start
A veteran of a specialty auto-industry sector called floor-plan financing has launched a lending company that promises independent car dealers funding wherever they buy vehicles.
Whitestown unveils plans for $135M junkyard redevelopment project
Milhaus and Homefield are partnering to redevelop roughly 100 acres with a fieldhouse, water park, hotel, apartments, offices, commercial space and more. Whitestown officials might consider a new food and beverage tax to help fund the massive project.
Old Town pitches expanded Union Square, new townhouse project in Westfield’s downtown
Carmel-based Old Town Cos. is planning $80 million of residential and commercial development in Westfield’s downtown surrounding the city’s forthcoming Grand Junction Plaza. Updated plans include doubling Union Square and adding new townhouses.
Fishers startup gamifies trading, targets historically Black colleges
Social media startup Stockteamup has partnered with the philanthropic arm of a hip-hop-inspired snack company to teach financial investing to Black communities.