The funding round included participation from locally based investors Allos Ventures, Collina Ventures, Elevate Ventures and former Interactive Intelligence CEO Don Brown, as well as others.
Indianapolis officials desperate for money to repair roads are considering whether they should try to collect income taxes from suburbanites who don't live in the city but who travel there for work.
An Indiana group that promotes trails and greenways in Indiana is trying to persuade Fishers and Noblesville to include both a railway and a trail—as opposed to a trail-only plan—in the redevelopment of the Nickel Plate corridor.
The Carmel-based developer and operator of senior care facilities blamed high start-up costs and a challenging reimbursement environment for decision to pull out of Arizona.
Its $1.5 million investment is expected to help B2S Life Sciences more than double its staff and grow its client base, which includes contract research groups, pharmaceutical firms and biotech startups.
Heartland Food Products Group said it plans to leave its offices at Clay Terrace for a bigger headquarters within 18 months. The move would allow the firm to add about 130 employees.
Online auto retailer Vroom, which planned to hire more than 200 workers in central Indiana, has closed the massive fulfillment center it opened in Whitestown just more than two years ago.
The company that makes the water-soluble film used to create products such as Tide Pods and Cascade ActionPacs plans to break ground on the 150,000-square-foot manufacturing plant this summer.
An abundance of new apartments are opening in Carmel, which is causing a slight decrease in average rents.
The Chevy Chase, Maryland-based insurer said it will nearly double the size of its offices at 101 W. 103rd St. with the addition of 104,000 square feet.
The group has been putting on plays at a space in Carmel’s Clay Terrace shopping center for more than eight years, thanks in large part to the largesse of the landlord. Now it needs to find a new home.
Purdue found a fountain of new revenue last fall at Ross-Ade Stadium, after alcohol sales were expanded to the entire stadium.
Neighbors contacted about selling their homes to make way for the development say St. Vincent Health is behind it. But a St. Vincent spokeswoman said the organization does not have “details to share” at this time.
The Hamilton Restaurant, which husband-and-wife-team Clyde Worley and Vanita Clements opened in 2002, will stop serving by the end of the month.
A Carmel-based firm hopes to take advantage of Westfield’s new allure for industrial development with a project expected to break ground this spring.
A state Senate bill aims to provide additional alcohol permits to a handful of municipalities, and even a major mixed-use development in downtown Indianapolis.
An investor group had been pressuring Genesco Inc. to sell some of its holdings, but says it’s not happy that Zionsville-based Lids is the unit Genesco wants to divest. Meanwhile, analysts have mixed opinions about the possible sale.
The new price was determined in an eminent domain proceeding after owners turned down a much smaller offer for the 70-acre property.
The fast-growing health system, owned by Hamilton County, plans to begin construction this year and open the centers in Carmel, Fishers and Indianapolis in 2019.
Corrie Meyer, who served as executive director of the Carmel Redevelopment Commission for three years, is challenging Republican incumbent Mike Delph in the 29th Senate District.
