Carmel

CNO's Bonach has insurance firm back on offenseRestricted Content

January 5, 2013
Chris O'Malley
CNO Financial Group’s stock price has nearly doubled since Ed Bonach took the helm in October 2011. Some analysts that follow the successor to Conseco Inc., which a decade ago was the nation’s third-largest Chapter 11 bankruptcy reorganization, now regard CNO as an attractive value play.
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Stock buyback continues at CNORestricted Content

January 5, 2013
 IBJ Staff
The Carmel-based owner of Bankers Life and other insurance companies has seen its stock rise as it restructures debt.
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Hamilton County airport closer to extending its runwayRestricted Content

December 15, 2012
Federal, state grants will fund study of project intended to serve growing corporate clientele.
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Pedcor to start second phase of Carmel's City Center

December 11, 2012
Tom Harton
The Nash, a three-story, $10 million mixed-use building, is to be built just south of City Center on the west side of Rangeline Road.
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Data center N/Frame spending more on Carmel upgradeRestricted Content

December 1, 2012
Chris O'Malley
The company that hosts outsourced computer operations is dramatically boosting its investment in its local operation.
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Carmel council approves refinancing package

November 19, 2012
 IBJ Staff
Carmel’s City Council on Monday night voted 7-0 to approve a proposal to refinance $195 million in debt incurred by the Carmel Redevelopment Commission.
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Carmel project dogged by conflict questionsRestricted Content

November 17, 2012
Kathleen McLaughlin
An executive ousted from the firm developing The Barrington in Carmel alleges that the $142 million retirement-community project was driven by conflicts of interest.
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LOU'S VIEWS: Michael Feinstein shines in book on the brothers Gershwin

November 3, 2012
Lou Harry
For me, the highlights of any Michael Feinstein concert come in between the numbers, when the cabaret and concert star—and artistic director of the Center for the Performing Arts—shares anecdotes and insight about the composer and lyricists who crafted the tunes. His storytelling style translates nicely to the printed page.
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INSIDE DISH: Carmel eatery unafraid to break a few eggs, rules

November 2, 2012
Mason King
Dish_Eggshell
                           bistro_watch_videoRestaurateur Larry Hanes stuck to his guns in creating Eggshell Bistro, bending conventions with eclectic decor, artisanal coffees, and a simple menu with restrained portions.
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DINING: Now it's Matt's time

September 29, 2012
Lou Harry
First in a month-long series of possessive restaurant reviews. This week: Matt The Miller's Tavern
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EDITORIAL: More Brainard scrutiny overdueRestricted Content

September 22, 2012
 IBJ Staff
In a former life, Carmel Mayor Jim Brainard was a real estate attorney. So it shouldn’t surprise anyone that splashy development projects have been a hallmark of his four terms as mayor.
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Carmel theater group pleads for cash to stay afloat

September 19, 2012
Kathleen McLaughlin
While awaiting word on a possible $75,000 grant from the city of Carmel, Actors Theatre of Indiana made a plea for emergency donations Wednesday afternoon.
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Carmel council seeks oversight of redevelopment expenses

September 14, 2012
Kathleen McLaughlin
Carmel City Council members want further control of the redevelopment commission that carries out Mayor Jim Brainard’s vision for downtown, and Brainard said Friday morning that he won’t oppose the plan.
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Lucases put imprint to Hilbert mansionRestricted Content

August 25, 2012
Sam Stall
Forrest and Charlotte Lucas kept original touches including a painting with original owner Steve Hilbert holding a spear, but otherwise aimed to make the mansion more casual. (with 360-degree photos)
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Carmel ad shop FatAtom prospers by defying normsRestricted Content

August 25, 2012
Anthony Schoettle
In a time when many local, regional and national ad firms have been forced to downsize, FatAtom Marketing has seen its revenue increase from $180,000 in 2008 to a projected $1.25 million this year, CEO Todd Muffley said.
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Carmel moves toward $183 million refinancing

August 17, 2012
Kathleen McLaughlin
The refinancing would free up about $8.8 million for future development projects and keep the Carmel Redevelopment Commission out of the red. But a skirmish is brewing over a CRC proposal for the city to help cover operating expenses.
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Extra money for Carmel arts groups on hold

August 8, 2012
Kathleen McLaughlin
Carmel Mayor James Brainard's request for an additional $1.36 million in arts funding is lingering in a city council committee.
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Carmel looks at $195 million refinancing package

August 3, 2012
Kathleen McLaughlin
The Carmel City Council will consider backing a $195 million debt re-issue, which would free up millions of dollars for further development of the massive City Center project.
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Golf courses scramble to weather lack of rain

July 14, 2012
Anthony Schoettle
Crooked_Stick_WatchVideoPGA officials are keeping their eyes on Carmel's Crooked Stick as the BMW Championship approaches. And groundskeepers are using some high-tech tactics to avoid the withering effects of drought.
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Carmel veterinarian opening animal hospital near Mass AveRestricted Content

July 14, 2012
Woodland Animal Hospital owner will take former bookstore space in Chatham Arch neighborhood.
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Businesses move, close for U.S. 31 transformationRestricted Content

July 14, 2012
Chris O'Malley
The 13-mile, $600 million upgrade of U.S. 31 that carves through some of Hamilton County’s fastest-growing suburbs is a temporary inconvenience to motorists, but for some business owners it’s a life—or livelihood—altering event.
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Performing arts center's new chief to chase donationsRestricted Content

June 30, 2012
Dan Human
Tania Castroverde Moskalenko, incoming CEO of The Center for the Performing Arts, turned a $500,000 deficit into a $300,000 surplus at her current organization in Tennessee. The 18-month-old Carmel center’s budget is almost seven times larger.
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Brainard requests more money for Carmel arts center

June 18, 2012
Kathleen McLaughlin
Carmel Mayor James Brainard wants to give the Center for the Performing Arts another $840,000 to cover its bills through December—on top of a $5.5 million subsidy he orchestrated last fall.
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Lauth embarks on turnaround of The Congressional in Carmel

June 12, 2012
Tom Harton
The local developer moved its offices into the building and plans more than $2 million in upgrades to reposition a property that fell on hard times at the dawn of the national real estate crisis.
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Carmel performing arts center hiring CEO from Tennessee

June 11, 2012
Scott Olson
A spokesman for Center for the Performing Arts in Carmel on Monday afternoon confirmed that it has hired Tania Castroverde Moskalenko, executive director of the Germantown Performing Arts Centre in Germantown, Tenn., near Memphis, to replace Steve Libman.
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  1. By Mr. Lee's own admission, he basically ran pro-bono ads on the billboard. Paying advertisers didn't want ads on a controversial, ugly billboard that turned off customers. At least one of Mr. Lee's free advertisers dropped out early because they found that Mr. Lee's advertising was having negative impact. So Mr. Lee is disingenous to say the city now owes him for lost revenue. Mr. Lee quickly realized his monstrosity had a dim future and is trying to get the city to bail him out. And that's why the billboard came down so quickly.

  2. Merchants Square is back. The small strip center to the south of 116th is 100% leased, McAlister’s is doing well in the outlot building. The former O’Charleys is leased but is going through permitting with the State and the town of Carmel. Mac Grill is closing all of their Indy locations (not just Merchants) and this will allow for a new restaurant concept to backfill both of their locations. As for the north side of 116th a new dinner movie theater and brewery is under construction to fill most of the vacancy left by Hobby Lobby and Old Navy.

  3. Yes it does have an ethics commission which enforce the law which prohibits 12 specific items. google it

  4. Thanks for reading and replying. If you want to see the differentiation for research, speaking and consulting, check out the spreadsheet I linked to at the bottom of the post; it is broken out exactly that way. I can only include so much detail in a blog post before it becomes something other than a blog post.

  5. 1. There is no allegation of corruption, Marty, to imply otherwise if false. 2. Is the "State Rule" a law? I suspect not. 3. Is Mr. Woodruff obligated via an employment agreement (contractual obligation) to not work with the engineering firm? 4. In many states a right to earn a living will trump non-competes and other contractual obligations, does Mr. Woodruff's personal right to earn a living trump any contractual obligations that might or might not be out there. 5. Lawyers in state government routinely go work for law firms they were formally working with in their regulatory actions. You can see a steady stream to firms like B&D from state government. It would be interesting for IBJ to do a review of current lawyers and find out how their past decisions affected the law firms clients. Since there is a buffer between regulated company and the regulator working for a law firm technically is not in violation of ethics but you have to wonder if decisions were made in favor of certain firms and quid pro quo jobs resulted. Start with the DOI in this review. Very interesting.

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