Three proposed neighborhoods could bring nearly 270 new houses to Westfield
Residential builders Drees Homes and Epcon Communities presented plans to the Westfield City Council on Monday for three different developments in the city.
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KAR Global to expand digital auction options with $425M acquisition
KAR Global plans to expand upon the online automotive auction services it provides through TradeRev by acquiring BacklotCars’ longer-term online auctions, which allow dealers to bid on cars over the course of several days.
Noblesville planning to partner on $52.8 million redevelopment of former Marsh site
Indianapolis-based Cityscape Residential LLC is working with Noblesville to develop an apartment and office complex on the west side of the White River, along River Road and State Road 32.
Plainfield-based MD Logistics acquired by Japan-based Nippon Express
MD Logistics says it will keep operating under the same name and does not expect any layoffs or consolidations as a result of the acquisition.
Westfield council hears forensic investigators’ plan for reviewing city finances
Consultants from three different firms on Tuesday conducted a special presentation for the Westfield City Council about their investigation into the city’s finances and operations.
$50M mixed-use development in works for downtown Noblesville properties
Ohio-based Republic Development and Carmel-based J.C. Hart have entered into an agreement with Hamilton County to buy a parking lot and develop a 226-unit apartment building with retail space and a 350-space parking garage.
Zionsville sets table for gateway south of downtown
To plan development, mayor is scheduling public-input sessions that will shape a request for proposals the town plans to issue within six months.
Photo gallery: The $58.5 million Hotel Carmichael opens in Carmel
The 110,000-square-foot hotel is situated between the Monon Trail and Veterans Way in Carmel, just south of City Center Drive.
Former fraternity housing officer named Westfield chamber’s executive director
Steve Latour, former chief housing officer for the Alpha Sigma Phi Fraternity’s national housing corporation, will take over the Westfield Chamber of Commerce’s top position starting Sept. 8.
Westfield council OKs $3.5M tax abatement for software firm’s HQ
Carmel-based SEP and Indianapolis-based developer Pure Development Inc. are partnering to build the 70,200-square-foot facility in Westfield by the end of next year.
Bloomington order limits private gatherings to 15 people
Bloomington Mayor John Hamilton issued the order after photos and videos shared on social media showed Indiana University students gathering in large groups without masks or practicing social distancing.
Third Whitestown I-65 interchange to give developers blank canvas
The launch of a $63 million project to add an interchange and rework another is likely to fuel a new blitz of commercial development in the state’s fastest-growing town.
Chicago-based pizza chain Lou Malnati’s to open in Carmel this fall
The company also plans to open a location in Broad Ripple next year, but the opening date for a previously announced 86th Street location is uncertain.
Hamilton Southeastern planning Noblesville debut with $35M elementary school
Hamilton Southeastern Schools received favorable recommendations from the Noblesville Plan Commission to rezone a 40-acre parcel at the northwest corner of East 156th Street and Boden Road, but the property still needs to be annexed into the city.
Four Indiana cities sue Netflix, Hulu for unpaid franchise fees
The lawsuit, filed this month filed by the cities of Indianapolis, Fishers, Valparaiso and Evansville, argues that major video streaming services must pay a 5% franchise fee of gross revenue to the localities where their customers reside.
$27M park on Geist Reservoir to be developed in waves
The ambitious project, designed by Indianapolis-based Browning Day and projected to be completed in 2040, will provide the first public access point on the 77-year-old, 1,900-acre reservoir.
Retailer Stein Mart files for bankruptcy, might close all 281 stores
Stein Mart is a discount retailer that runs 281 stores in 30 states, including four in the Indianapolis area.
Westfield City Council OKs broader look into Grand Park’s finances
Two resolutions approved Monday by the Westfield City Council call for a more thorough probe of Grand Park’s finances after a council member alleged one of the park’s contractors had diverted $470,000 away from the city.
Westfield mayor orders financial review of all city practices, accounts
The move by Mayor Andy Cook follows a controversy in July over contracts for Grand Park Sports Campus and his veto of a city council resolution for review and approval of all Grand Parks contracts.
KAR Global cuts 3,000 workers, could eliminate 2,000 more
In its second quarter, the Carmel-based company lost $32.3 million and saw year-over-year revenue plummet 42%, from $719.1 million to $419.0 million.