Carmel

Study recommends upgrades for public transportation in counties surrounding IndianapolisRestricted Content

October 31, 2009
Chris O'Malley
IndyGo, for all its faults, is the Cadillac of transit systems in the Indianapolis region. Service breaks at county lines and the absence of passenger shelters are among the deficiencies facing transit systems in surrounding counties.
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RCI to become Wyndham Exchange; says Carmel jobs are safeRestricted Content

October 31, 2009
Anthony Schoettle
Despite a swooning economy that has hammered the time-share condominium industry over the last 18 months, Resort Condominiums International continues to outperform its market. That’s not to say there hasn’t been some pain at the company formerly headquartered in Carmel.
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Carmel entrepreneurs with ties to ExactTarget hope SmartFile outshines competitorsRestricted Content

October 17, 2009
Chris O'Malley
File-hosting firm is launching new security software that could set it apart in a crowded field.
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Virginia homebuilder enters market

October 17, 2009
 IBJ Staff
Home-building powerhouse Ryan Homes is marketing lots in 10 subdivisions it has taken over from the defunct local builder CP Morgan Communities.
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Carmel performing arts center betting big on fund raisingRestricted Content

October 3, 2009
Kathleen McLaughlin
Carmel’s $137 million performing arts center is still a year from completion, but Executive Director Steven Libman already is pounding the pavement for donations.
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Carmel man's coupon app for iPhone grabbing Yowza responseRestricted Content

October 3, 2009
Marc D. Allan
A Carmel software developer's app has gotten a lift from a Hollywood actor's unrelenting promotion.
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Carmel officials confirm Feinstein appointment

September 28, 2009
Kathleen McLaughlin
Singer Michael Feinstein will make as much as $400,000 in a single year to serve as artistic director of the Regional Performing Arts Center that’s still under construction in Carmel, officials confirmed this morning.
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Sisters start new trucking firm

September 26, 2009
 IBJ Staff
Two former executives of Carmel-based Performance Marketing Group have launched Rapid Freight Solutions.
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Current Publishing launches another Hamilton County newspaper

September 26, 2009
 IBJ Staff
Publishers of the weekly Current in Carmel newspaper launched a publication this month in Noblesville.
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Civic Theatre considering move to Carmel

September 11, 2009
Kathleen McLaughlin
Indianapolis Civic Theatre, one of the city’s oldest and largest cultural organizations, is considering a move to Carmel’s new performing arts center. Civic informed its current host, Marian University, yesterday of pending negotiations with the Carmel Performing Arts Foundation.
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Sweetener company Heartland looks for openings in crowded fieldRestricted Content

September 5, 2009
Kathleen McLaughlin
Heartland Sweeteners LLC is now a top maker of private-label alternatives to Splenda. The company also markets its own products directly to consumers.
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Carmel arts foundation adds directors; Stutz names residents

September 5, 2009
 IBJ Staff
The Carmel Performing Arts Foundation has appointed its first independent board members, Rollin Dick and Rosemary Waters. In downtown Indianapolis, two local artists will receive free studio space in the Stutz Building for the next year.
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Oak Street Funding raises $50 million in new capital

September 5, 2009
 IBJ Staff
German group invests in Carmel-based company that specializes in financial services for insurance agencies.
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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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