Hamilton County

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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Hamilton County hotels report stronger occupancy

August 14, 2012
Helped in part by the Super Bowl, the county's occupancy rate increased 8.4 percent, to 63 percent, compared with the first six months of 2011, according to a report by Tennessee-based Smith Travel Research.
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New student-loan effort adding to ITT backlashRestricted Content

August 11, 2012
Greg Andrews
For-profit school operator ITT Educational Services Inc. told investors late last month that it had worked out a tentative deal with an outside party that would provide $100 million in loans to its students.
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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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Mega-warehouse technology subject of Aug. 1 expoRestricted Content

July 28, 2012
The Indy Warehouse Automation Expo will showcase new generation of scanners, cameras and radio frequency ID technology.
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Firm gives college kids the opportunity to run a painting businessRestricted Content

July 28, 2012
Ellen Kobe
Student Development Co. helps college students run Textbook Painting businesses, to learn the ins and outs of entrepreneurship. Thirty students in seven states are participating this summer, including 10 student entrepreneurs in Indiana.
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Positron moving $65M project from Noblesville to Gary

July 23, 2012
 IBJ Staff and Associated Press
A troubled central Indiana nuclear medicine company is dropping plans to build a multimillion-dollar facility in Noblesville after reaching a better deal with the city of Gary.
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Mudathlon makes a splash as obstacle course races growRestricted Content

July 21, 2012
Ellen Kobe
A 3-year-old Westfield has taken advantage of the adventure-race trend by staging Mudathlons--obstacle courses conducted in the mud. More than 12,000 people were expected to participate in Mudathlon's four races this summer, up from about 2,000 at the company’s first two races in 2010.
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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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EDITORIAL: Road construction carries high costsRestricted Content

July 14, 2012
 IBJ Staff
Hamilton County motorists may be forgiven the occasional bout of road rage this summer.
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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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Honda West negotiating to open Fishers dealershipRestricted Content

July 14, 2012
It's not clear if the car dealer would leave its long-time home on West 38th Street.
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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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Cousin wins minor damages in Mike's Carwash lawsuit

July 6, 2012
Dan Human
A Hamilton County judge has ruled that a former co-owner of Mike’s Carwash Inc. receive just $140,000 in damages in a civil case that sought close to $30 million.
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State scrubs contractor-financing plan for U.S. 31Restricted Content

June 30, 2012
Chris O'Malley
INDOT still plans to complete project three years sooner with traditional financing.
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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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Buckingham reviving Gramercy project with smaller plans

May 29, 2012
Kathleen McLaughlin
Buckingham Cos. has revived plans to redevelop the massive Mohawk Hills apartment complex in Carmel, but the latest version of its Gramercy project takes a huge step back from the original dense, urban-revival-style plan the developer proposed six years ago.
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Developer Kite to remake key corner in CarmelRestricted Content

May 26, 2012
Cory Schouten
Kite Realty Group Trust is planning a Rivers Edge-like overhaul of two shopping centers it owns at 116th Street and Rangeline Road in Carmel. The Indianapolis-based real estate firm already has landed new tenants, including a natural and organic grocery store and a handful of restaurants.
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Live Nation drops beer prices at outdoor concert venuesRestricted Content

May 26, 2012
The $2.75 drop is meant to enhance the concert experience at Klipsch Music Center and The Lawn at White River State Park.
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Carmel event firm sold, relocated to Castleton

May 12, 2012
EventzPlus, besides hosting large gatherings, will also offer daily office space rentals to small business owners.
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MediaSauce co-owner leaves firm, starts new ad agencyRestricted Content

April 28, 2012
Anthony Schoettle
Magnitude already has landed several big clients, including the Indiana Pacers and Northwestern University.
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