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Carmel
Governments helped fuel nursing-facility developer's rise
June 15, 2013
Kathleen McLaughlinCarmel-based Mainstreet Property Group has built 13 nursing homes in Indiana and Illinois since 2008. Six of the dozen Indiana
properties benefited from municipal-backed credit or tax breaks, and a seventh received a reduced-impact fee. Mainstreet also
received $345,000 in state economic incentives.
MoreLOU'S VIEWS: Going for seconds at Carmel gallery walk
June 15, 2013
Lou HarryCarmel's Arts & Design district has grown to represent nine galleries. It's Second Saturday walk has grown into a popular
social event.
MoreHigh overhead does in Carmel Shapiro's
June 12, 2013
Andrea Muirragui DavisThe company called closing the restaurant at 918 S. Range Line Road a “strategic decision” that will allow it
to focus on its flagship downtown eatery.
MoreOut-of-state developer pitches $75M Carmel project
June 11, 2013
Andrea Muirragui DavisBaltimore-based Atapco Properties wants to redevelop 34 acres of land at Carmel Drive and Guilford Road, converting a portion
of the commercial property to residential use with hundreds of apartments.
MoreDefendant in trial over Palladium defects tries to halt repairs
June 7, 2013
Andrea Muirragui DavisAttorneys for the Michigan contractor being sued over construction defects at Carmel’s Palladium concert hall have asked
a Hamilton County court to stop repair work immediately to preserve evidence in the case.
MoreBuckingham set to redevelop Carmel shopping center
June 4, 2013
Scott OlsonThe Carmel Marketplace on East Carmel Drive is directly south of the Mohawk Hills apartment complex, which Buckingham hopes
to start redeveloping as part of its long-awaited Gramercy project late this year.
MoreCarmel council clashes over support of Midtown project
June 4, 2013
Andrea Muirragui DavisThe Carmel City Council will not support Pedcor Cos.’ application for a state tax credit to help pay for a $100 million
redevelopment project—a contentious decision Mayor Jim Brainard called “unusual and illogical.”
MoreCarmel panel refuses to back Midtown redevelopment plan
May 29, 2013
Andrea Muirragui DavisA $100 million proposal to reinvent an old industrial area in downtown Carmel hit a snag Tuesday, when a City Council committee
decided not to pursue a state tax credit that could help fund the project.
MoreHomebuilder focuses on 'pocket' communities near Carmel attractions
May 25, 2013
Andrea Muirragui DavisTwo Carmel natives operate Old Town Design, which is building small neighborhoods of new Craftsman-style homes in and near
downtown Carmel's old neighborhoods.
MoreCo-founder's death alters Naked Monkey's growth plan
May 11, 2013
Andrea Muirragui DavisThe recession and then the death of a founder put the Carmel waxing spa on a new trajectory. Now co-owner Brenda Schultz is
mulling expansion plans.
MoreReview finds no conflict in state's deal with Mainstreet
May 7, 2013
IBJ Staff and Associated PressGov. Mike Pence asked the Indiana Economic Development Corp. in early April to review its decision to grant $345,000 in performance-based
economic incentives to Mainstreet Property Group LLC, a company started by a top Republican lawmaker and his son.
MoreTrial date set in Carmel's lawsuit on Palladium construction
May 1, 2013
Andrea Muirragui DavisThe 2-year-old complaint concerns defects to steel supports discovered during construction of the city's signature concert
hall.
MoreCarmel council wary of $100M Pedcor project
April 18, 2013
Andrea Muirragui DavisPedcor Cos. wants to apply for a state tax credit to help fund an upscale $100 million housing and office development in Carmel's
Midtown. But City Council members are holding it at arm's length for now.
MoreSmartphone videos rewrite rules of customer research
April 6, 2013
Chris O'MalleyCarmel-based Strategic Marketing & Research Inc. is among firms tapping the capabilities of video-enabled smartphones
to gain insights into consumers’ thoughts and emotions. They’re doing this by having consumers use their phones
to shoot a video diary of their product experiences.
MoreCenter for Performing Arts angles for more shows, donors
March 23, 2013
Dan HumanTwo years after opening, the Center for the Performing Arts in Carmel is working on its first strategy, an effort aimed at
maximizing attendance while providing financial stability.
MoreCarmel insurer looks within to find new CEO
March 16, 2013
IBJ StaffIndiana Farmers Mutual picks executive vice president and legal counsel to replace long-time leader Daniel Stone.
MoreITT fights to stem tumbling enrollment
March 16, 2013
J.K. WallA federal investigation and a shareholder lawsuit are the latest headwinds to threaten ITT Educational Services Inc., which
is trying to reverse a precipitous decline in enrollment.
MoreCarmel puts 7-acre parcel up for grabs
March 9, 2013
Kathleen McLaughlinCarmel is finally ready to redevelop the former Party Time Rental site on Range Line Road, a property in which the city has
invested $4 million.
MoreBaldwin move a win for Lauth, a setback for downtown
March 5, 2013
Cory SchoutenThe departure of trucking and auto fleet insurer Baldwin & Lyons Inc. from downtown's Landmark Center to The Congressional
in Carmel is a blow for the central business district and a bonanza for Lauth Property Group.
MoreBaldwin to move HQ to Carmel, add 133 jobs
March 4, 2013
J.K. WallTrucking and auto fleet insurer Baldwin & Lyons Inc. plans to move its headquarters from downtown Indianapolis to Carmel
by the end of the year and hopes to add 133 jobs over the next five years, the company announced Monday afternoon.
MoreCarmel tech firm plans to expand, add 36 jobs
February 27, 2013
Cloud computing firm Polleo Systems Inc. said it will add the jobs by 2016 as part of a $2.5 million expansion of its Carmel
City Center headquarters
MoreShuttle to Hamilton County job sites is tweaked
February 2, 2013
A reverse-commute shuttle that helps Indianapolis residents get to jobs in Carmel and Fishers is being expanded.
MoreNew restaurants: Upland in Carmel, Lincoln Square downtown
January 26, 2013
IBJ StaffOld Carolina Barbecue also announces expansion to Indianapolis market.
MoreNew ChaCha unit to pair celebrities, advertisers
January 12, 2013
Chris O'MalleyThe ever-evolving information/answers service ChaCha Search has launched a startup within the 7-year-old company. Social Reactor
will match advertisers with participating celebrities and other “social influencers,” who will use social media
tools such as Twitter to drive fans to advertisers. Verge founder Matt Hunckler was tapped to get it rolling.
MoreAnalysts: ITT's woes are likely to worsen
January 12, 2013
J.K. WallInvestors have dumped the already-depressed shares of ITT Educational Services Inc. after the operator of for-profit colleges
shelled out $46 million for bad private student loans it had backed to help students pay the portion of its pricey tuition
that federal loans won’t cover. With fewer ITT graduates able to find jobs, the default rates on these loans has spiked.
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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!