Hamilton County Blog Posts

Project updates: Fishers mixed use, Carmel hotel and Zionsville's new HQ

February 4, 2014
Comments(5)
Elected officials north of 96th Street advanced a bevy of public-private projects Monday during what I like to call their monthly meetingpalooza. Here’s a rundown on where things stand:
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Developer eyes spring groundbreaking for 10-story Drury Plaza Hotel

January 31, 2014
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St. Louis-based Drury Hotels is proposing to build a 10-story, 304-room hotel and stand-alone restaurant on undeveloped property at the northeast corner of Meridian and 96th streets in Carmel. Construction could begin this spring.
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Carmel's FatAtom moving from Main Street to Monon

January 30, 2014
Comments(2)
Carmel ad shop FatAtom Marketing has signed a letter of intent to lease a first-floor storefront in the under-construction Mezz on the Monon building in Carmel City Center. CEO Todd Muffley is targeting a June 1 move-in date.
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Boomerang gets OK to let Noblesville housing project fly

January 29, 2014
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Fishers-based Boomerang Development LLC got the go-ahead Tuesday to proceed with its plans for Noble East of Noblesville, a $150 million master-planned community near Klipsch Music Center.
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Planned microbreweries to tap into Westfield's railroad heritage

January 24, 2014
Comments(7)
Two microbreweries are in the works in Westfield: Grand Junction Brewing Co. is expected to open downtown this spring, and Four Day Ray Brewing is targeting a fall opening in an industrial park west of U.S. 31.
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Launch Fishers to host entrepreneurial mentoring program

January 22, 2014
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The Indiana Small Business Development Center is working with serial entrepreneur John Wechsler to establish a statewide mentoring program for founders of high-potential startups based out of the Wechsler-run Launch Fishers coworking space.
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Noblesville set to buy repair shop land for downtown park

January 17, 2014
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Noblesville’s Dave Mason Auto Outlet will close its repair shop on busy State Road 32 next year after almost two decades to make way for a planned riverfront park.
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Construction firm planning new Noblesville facility

January 15, 2014
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Out of space at its Noblesville offices, Elkhart-based LeMaster Steel Erectors plans to invest nearly $1.2 million to accommodate its growing Hamilton County operation.
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Microbrewery eyeing spot at Carmel Farmers Market

January 10, 2014
Comments(4)
Opening days is still months away, but organizers of the popular Carmel Farmers Market already are lining up vendors for the summer celebration of Indiana agriculture. Will craft breweries be able to join the fun?
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UPDATE: Fishers OKs retention deal for OfficeWorks

January 8, 2014
Comments(4)
Drawing new jobs remains a priority for economic development leaders in fast-growing Fishers, but existing businesses are getting some love, too.
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Storm fallout shuts down suburban government

January 6, 2014
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Sunday’s winter storm shut down most government offices in Hamilton and Boone counties, forcing a bevy of public meetings scheduled for Monday to be postponed.
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Westfield residents help set vision for neighborhood retail

January 3, 2014
Comments(13)
It’s been a decade since neighbors lost a hard-fought battle to keep retail development away from the northeast corner of Spring Mill Road and 161st Street. Now they’re working with Westfield planners to create a vision for the area that will guide future growth.
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Geico could double Carmel work force by year's end

January 2, 2014
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Insurance giant Geico is ahead of schedule when it comes to staffing its Carmel customer-service center, reaching the 400-employee mark in December.
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Fishers council gives up on food-and-beverage tax

December 30, 2013
Comments(8)
Legislators set a Dec. 31 deadline for the Fishers Town Council to pass a food-and-beverage tax, the revenue from which could only be used to lower property taxes or support economic development efforts. The measure will die without a vote.
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Time running out for Noblesville residents to weigh in

December 23, 2013
Comments(3)
Results of the Noblesville Citizens Survey—administered by Colorado-based National Research Center Inc.—are used to improve city services, helping to guide budget and policy decisions.
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Former Shapiro's in Carmel hits market with $2.1M price

December 20, 2013
Comments(3)
The Carmel Redevelopment Commission has engaged Colliers International to market and sell the former Shapiro’s Delicatessen building in growing Carmel City Center.
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Tourism has big impact in Hamilton County

December 19, 2013
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Visitors spent an estimated $375 million in Hamilton County last year, according to local results released Wednesday in connection with a broader report on the economic impact of tourism in Indiana
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Roundup: Blow-dry bar, burger bar, Hot Mama

December 13, 2013
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A new salon concept is blowing into Carmel next week. Dubbed do-tique, the dedicated blow-dry bar will offer shampoos and styling. Plus: A pop-up shop adds to its Twelve Days, and The Pint Room's plans.
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Economic distress doesn't recognize county lines

December 12, 2013
Comment(1)
Hamilton and Boone counties are home to upscale communities, but the suburbs are not immune to problems like unemployment, homelessness and food insecurity.
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Noblesville's riverfront park taking shape

December 6, 2013
Comments(2)
Planning for a riverfront park in downtown Noblesville is almost complete, but next comes the hard part—figuring out how much of its wish list the city can afford to bring to life.
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Fraternity moving headquarters to Carmel

December 5, 2013
Comments(4)
Indianapolis-based Theta Chi Fraternity will move its headquarters from College Park to Carmel early next year.
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Council delays decision on fate of Fishers tax

December 3, 2013
Comment(1)
Fishers’ Town Council postponed a decision on a proposed 1-percent food-and-beverage tax Monday night, tabling the measure without comment rather than carry out an expected vote. It also OK'd an incentive deal for construction firm Meyer Najem.
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Noblesville to join Fishers in ranks of second-class cities

November 27, 2013
Comment(1)
Noblesville Common Council members voted 5-2 Tuesday to elevate the city to second-class status effective Jan. 1, 2016, after the next municipal election.
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Mass Ave retailers about to pop up in Carmel

November 25, 2013
Comments(6)
A band of Mass Ave merrymakers are heading north for the holidays, opening a pop-up shop in downtown Carmel.
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Retail taking shape near Westfield sports park

November 22, 2013
Comments(4)
Construction is expected to begin this spring on the first retail building in Grand Park Village, the commercial hub planned for just south of Westfield’s massive youth-sports megaplex.
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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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