Hamilton County

Isotope maker plans $40M project in Noblesville

May 28, 2014
Andrea Muirragui Davis
Radiopharmaceuticals maker Zevacor Molecular plans to open a $40 million isotope-production facility in Noblesville, creating nearly 50 good-paying jobs within five years.
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NFP of NOTE: Hamilton County Leadership Academy

May 17, 2014
Hamilton County Leadership Academy educates and inspires leadership to create a positive impact in our communities.
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Carmel selling vacant land in Old Town neighborhood

May 14, 2014
Andrea Muirragui Davis
The Carmel Redevelopment Commission is accepting offers for an undeveloped parcel of land in the city's resurgent Old Town neighborhood, near a planned expansion of a popular subdivision.
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DINING: Newcomer Chuy’s stands out in crowded Tex-Mex field

May 10, 2014
Lou Harry
It's difficult to imagine a chain Tex-Mex restaurant generating much excitement. But crowds are flocking to the Hamilton Town Center newcomer.
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Baker's Edge founders to test 'Shark Tank' waters

May 8, 2014
Andrea Muirragui Davis
Carmel residents Matt and Emily Griffin can expect to see a big burst in sales of their innovative brownie pan after they appear in front of celebrity entrepreneurs on ABC-TV's hit show later this month.
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Fadness: Fishers needs to find common ground

May 7, 2014
Andrea Muirragui Davis
With a hard-fought primary battle in the mayoral election behind him, Fishers Town Manager Scott Fadness is focusing on building community consensus along with a vibrant downtown.
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Town Manager Fadness wins mayoral primary in Fishers

May 6, 2014
Andrea Muirragui Davis
Scott Fadness won Fishers’ first mayoral primary Tuesday, edging out five Republican candidates—including longtime Town Council President Walt Kelly and current council member Renee Cox.
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Election key step in town's change into city

May 4, 2014
Associated Press
An Indianapolis suburb will begin the transition from the town to city this Tuesday, as voters in Fishers vote in its first municipal primary election.
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Keystone-style overhaul discussed for key Hamilton County corridor

May 3, 2014
Andrea Muirragui Davis
A study recommends replacing as many as 10 signalized intersections along State Road 37 with roundabout interchanges, dropping the highway under the cross streets.
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Deca Financial to wind down after trustee opts for liquidation

April 15, 2014
Chris O'Malley
The Fishers debt collection agency had been forced into bankruptcy by creditors. On Monday, a judge approved a request to terminate the once-promising firm.
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IEDC urging government bets on spec-buildingRestricted Content

April 12, 2014
Kathleen McLaughlin
The Indiana Economic Development Corp. is encouraging local governments to help finance speculative industrial buildings, which could land new businesses but could put at risk hundreds of thousands in taxpayer dollars.
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Drivers brace for U.S. 31 closure near Indianapolis

April 2, 2014
Associated Press
Residents and businesses in the northern suburbs of Indianapolis are preparing for the start of an eight-month closure of U.S. 31 as part of the project upgrading it to interstate standards.
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Beck's plans $60M expansion, 100 more workers

April 2, 2014
Andrea Muirragui Davis
Indiana-based Beck’s, the country’s largest family-owned seed company, said the expansion will include research labs, greenhouses, office space, and seed-processing facilities and equipment.
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Beck's Hybrids planning to expand headquarters operation

April 1, 2014
Andrea Muirragui Davis
The growing family-owned seed company had been working with Hamilton County officials on incentives. An economic development announcement with state officials is planned for Wednesday morning.
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Pence signs bill allowing counties to vote on transit expansion

March 26, 2014
 Associated Press and IBJ Staff
Officials in six central Indiana counties have the go-ahead to seek voter permission to fund a regional bus system.
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Westfield hopes to make money on Grand Park's ancillary development

March 22, 2014
Andrea Muirragui Davis
As competition kicks off at Westfield’s sprawling Grand Park Sports Campus, city leaders are working to recruit corporate partners willing to support their field of dreams.
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Home-sale agreements continue disappointing trend

March 17, 2014
Pending home sales in the nine-county area slid 22.8 percent in February compared with the year-ago period. That was only a slight improvement from the 31-percent fall recorded in January.
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Suburban news pubs headed for more mailboxes

March 17, 2014
Chris O'Malley
Following the recent launch of magazine-style community newsletters in four more northern Indy communities, TownePost plans to add Greenwood to its stable.
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Toyota dealers trying to stop Ed Martin's relocationRestricted Content

March 15, 2014
Chris O'Malley
Butler Auto Group has been selling Toyotas in Indianapolis since 1966. Ed Martin Auto Group has been selling Toyotas in Anderson since the 1980s. So when Toyota Motor Sales USA recently allowed Martin to move its dealership 20 miles west, to Noblesville, Rob Butler started seeing red.
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Village of West Clay developer suspending operations

March 12, 2014
Andrea Muirragui Davis
Brenwick Development Co. claims a switch in lenders has halted about $7 million in land sales in the mammoth mixed-use community in Carmel. The firm has filed suit against the banks.
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Hamilton County considering solar energy for public buildings

March 8, 2014
Andrea Muirragui Davis
Hamilton County might soon join the growing ranks of large utility users looking to hedge against rising prices by producing some of their own power.
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Hamilton County's low jobless rate roils labor market

March 1, 2014
Kathleen McLaughlin
Hamilton County employers are having trouble filling lower-wage jobs. At 4.5 percent in December, Hamilton County’s jobless rate was the lowest in the metro area and one of the lowest in the state.
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Hamilton County tourism agency changes name

February 28, 2014
Anthony Schoettle
Starting Monday, the Hamilton County Convention and Visitors Bureau will change its name to Hamilton County Tourism Inc. to better reflect its mission.
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New owner to spend $51M firing up Noblesville foundry site

February 25, 2014
Andrea Muirragui Davis
ID Castings LLC plans to resurrect the property on South Eighth Street, an eyesore that has been underused for years. The company is asking the city for a $1.3 million tax break.
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Sen. Delph wants last-ditch edit to gay-marriage amendment

February 17, 2014
 The Statehouse File
After an extended Twitter tirade over the weekend stemming from a Senate move stalling the amendment, Sen. Mike Delph on Monday pledged to use a procedural maneuver to resurrect deleted language.
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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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