Carmel

Downtown apartment complex expanding

September 5, 2009
 IBJ Staff
The developer of The Waverley apartments downtown has filed plans to expand the complex because of high demand for one-bedroom units.
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Director of Carmel performing arts center says venue will be 'amazing'Restricted Content

August 24, 2009
Kathleen McLaughlin
Steven Libman believes he’ll have no trouble raising money for a $3 million operating budget, and says he plans to pack the calendar with big-name acts.


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Union sues Conseco over restatement

August 10, 2009
J.K. Wall
Carmel-based Conseco Inc. faces a shareholder lawsuit by a union pension fund over an earnings restatement the company made 18 months ago.
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Carmel tech staffing firm Sales Diesel closes

August 10, 2009
 IBJ Staff
Sales Diesel, a Carmel company that provided salespeople for technology companies, appears to be out of business. The firm’s Web site was taken down last week and calls to its 11590 N. Meridian St. offices were not returned.
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Hamilton County Alliance spins off entrepreneurial center

August 10, 2009
 IBJ Staff
The Hamilton County Alliance economic development group has spun off its Entrepreneurship Advancement Center, which serves fast-growing startup businesses in Carmel, Fishers, Noblesville, Westfield and the rest of Hamilton County.
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Carmel's Dormir raises $12M from VC firms

July 29, 2009
J.K. Wall
Carmel-based Dormir Inc., which operates sleep study centers and sleep equipment stores around the country, raised $12 million in venture capital from three out-of-state firms.
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Carmel grapples with rec center financesRestricted Content

July 20, 2009
A new business plan is in the works for the high-end Monon Center in Carmel.
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Brenwick Realty merges with Keller Williams RealtyRestricted Content

June 22, 2009
 IBJ Staff
The merger will give Keller Williams, which entered the local market five years ago, a foothold in Hamilton County, where Brenwick Realty has been responsible for selling property in Village of WestClay.
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Browning acquires 43 homes for $100 million mixed-used development in CarmelRestricted Content

June 15, 2009
Cory Schouten
Developer Brown Investments has reached terms with the owners of 43 of 49 homes in the North Meridian Heights neighborhood in Carmel. Browning plans to demolish the homes to make way for a $100 million commercial development over 17 acres.
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Carmel Community Players retools after lost grant; group facing $75,000 debt, loss of longtime venueRestricted Content

June 1, 2009
Kim Puckett
Cash-strapped theater group Carmel Community Players has nixed its summer musical, canceled its Summer Camp for Kids, and pulled out of Carmelfest 2009 after being denied the public funding it has received for years.
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Candy store aims for sweet successRestricted Content

May 25, 2009
George Umbarger
A focus on old-world quality with modern services and efficiency drives the owners of Simply Sweet Shoppe & Second Story Playhouse.
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Struggling tenants leave aging Merchants' SquareRestricted Content

March 30, 2009
Katie Maurer
The future of Carmel's Merchants Square mall is uncertain because of the rise of competitors.
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DINING: Mudsocks Grill doesn't mess around

March 16, 2009
Andrea Muirragui Davis
Mudsocks Grill offers a delicious grilled tilapia sandwich, blue-cheese-laden-pasta and Chili Con Queso. Try the fried cheesecake too.
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U.S. 31 project means massive changes for booming retail corridorRestricted Content

March 9, 2009
Chris O'Malley
Lauth Properties alleges in a lawsuit that the state's plan to rebuild 13 miles of U.S. 31 in Hamilton County to freeway standards will cut off access to a property it owns in Westfield, killing plans for a Wal-Mart there.
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Texas developer and New Hampshire not-for-profit promise attention for seniors who prize stable pricesRestricted Content

February 2, 2009
Scott Olson
A Texas developer of retirement communities has targeted Carmel for a style of assisted living new to the Indianapolis area that offers on-site health care for the unusual arrangement of a fi xed monthly fee.
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Tougher standards give Appel Heating and Air Conditioning a boostRestricted Content

December 29, 2008
Amanda Getchel
Business at Carmel-based Appel Heating and Air Conditioning isn't cooling off, despite the nation's economic woes. Revenue continues to increase as the industry becomes more environmentally friendly.
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Hamilton County businesses expandRestricted Content

December 15, 2008
Despite the recession, Hamilton County continues to enjoy economic growth from both old companies and new ones.
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Brainard defends Keystone projectRestricted Content

November 17, 2008
Carmel Mayor James Brainard is trying to convince his city to pay up to $52 million more than the original amount allocated for a roundabout interchange project designed to ease congestion on Keystone Avenue.
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Indiana Municipal Power Agency buys wind power from IowaRestricted Content

November 10, 2008
The Indiana Municipal Power Agency said it has agreed to buy up to 50 megawatts a year from Crystal Lake Wind Energy Center in Hancock County, Iowa.
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Three-year-old Carmel firm tries to distinguish itself in difficult candy industryRestricted Content

September 15, 2008
Anthony Schoettle

A local candy maker has found the sweet spot in an industry where startup efforts often go sour. Founded in 2006, Carmel-based Candy Dynamics is making a name for itself with its unusual "double-action" sour recipe, eye-catching packaging and unforgettable names like Toxic Waste Hazardously Sour Candy, Nuclear Sludge and Hi-Voltage Bubble Gum.


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IT firm rakes in VC cash: Interactions Corp. has raised $35M since 2002 inception

September 15, 2008
Peter Schnitzler

A fast-growing Carmel startup is using a blend of innovative software and human guides to answer questions over the phone. The company could have located on either coast, but instead chose Carmel's Clay Terrace. And the company, Interactions Corp., has raised more than twice as much money as ChaCha Search Inc., a higher-profile startup in a similar business that's also housed in Clay Terrace.


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Housing slump puts Gramercy project in Carmel on hold:

February 25, 2008
Scott Olson
The deteriorating housing market and Carmel's plans to build more roundabouts have led The Buckingham Cos. to put the brakes on its ambitious Gramercy development project. The $500 million project set to begin in the spring now has no timetable. But when construction ultimately commences, it likely will begin with the commercial and retail portions rather than the home-building portion, as was originally planned, said Clyde Lee, a spokesman for the local developer. "They have revised the plans," Lee said....
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Clarian hospitals in Avon, Carmel turn corner after big lossesRestricted Content

December 10, 2007
J.K. Wall
Clarian Health officials say the only way they can keep operating their medical centers downtown is to support them with profitable suburban hospitals. So far, it seems Clarian is on the right track. As Clarian moves forward with a new, $180 million hospital in Fishers, its two existing suburban hospitals are starting to make money.
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Ex-Lilly execs take on diabetes with Carmel startupRestricted Content

November 6, 2006
Peter Schnitzler
Four former top scientists at Eli Lilly and Co. have formed a Carmel-based company to develop diabetes therapies--a venture observers say has the potential to become the kind of blockbuster success BioCrossroads was built to stimulate.
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Clarian North's slow launch doesn't bother bond analystsRestricted Content

September 18, 2006
Tom Murphy
Clarian North Medical Center has stumbled out of the gate, with the Carmel hospital reporting losses in its first six months of operation that "well exceed" expectations, a new report says.
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  1. why oh why does this state continue to elect these people....do you wonder how much was graft out of the 3.8 billion?

  2. i too think this is a great idea. I think the vision and need is there as well. But also agree with Wendy that there may be better location in our city to fulfill this vision and help grow the sports of hockey and figure skating in Indy. Also to help further develop other parts of the city that seem often forgotten. Any of the other 6 townships out side of the three northernmost could benefit greatly from a facility and a vision like this. For a vision that sounds philanthropic, the location is appears more about the money. Would really like to see it elsewhere, but still wish the development the best of luck, as we can always use more ice in the city. As for the Ice growth when they return, if schedules can be coordinated with the Fuel, what could be better than to have high level hockey available to go see every weekend of the season? Good luck with the development and the return of the Ice.

  3. How many parking spaces do they have at Ironworks? Will residents have reserved spaces or will they have to troll for a space among the people that are there at Ruth Chris & Sangiovese?

  4. You do not get speeding ticket first time you speed and this is not first time Mr.Page has speed. One act should not define a man and this one act won't. He got off with a slap on the wrist. I agree with judge no person was injured by his actions. The state was robbed of money by paying too much rent for a building and that money could have been used for social services. The Page family maybe "generous" with their money but for most part all of it is dirty money that he obtained for sources that are not on the upright. Page is the kind of lawyer that gives lawyers a bad name. He paid off this judge like he has many other tine and walked away. Does he still have his license. I believe so. Hire him to get you confiscated drug money back. He will. It will cost you.

  5. I remain amazed at the level of expertise of the average Internet Television Executive. Obviously they have all the answers and know the business inside and out.

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