North of 96th roundup: Wally’s to break ground on expanded store in Whitestown
Multiple retailers, restaurants and other businesses recently opened, closed or began planning new locations in the north suburbs of Indianapolis.
Carmel
Articles
Texas-based developer abandons Old Meridian Apartments project in Carmel
Old Meridian Apartments, a $60 million proposed project by Cross Development LLC, was called off because the city’s incentive for the project was not enough to make it feasible for the developer.
Developer planning $123M third phase of Carmel’s Proscenium project
Proscenium III would feature 151 apartments, a 125-room boutique hotel, 63,000 square feet of office space, 15,000 square feet of retail space, 508 parking spaces and a public plaza
Carmel looks to create designated outdoor refreshment area
Noblesville and Westfield previously approved DORAs in their cities. People in the districts are allowed to purchase alcoholic beverages from approved vendors and carry them outside to be consumed within the district’s boundaries.
Carmel City Council approves park impact fee hike for developers
The fee will increase 11.13% each year through 2029. Carmel already has the highest park impact fee among its peer communities in the northern suburbs of Indianapolis.
Carmel City Council to have control over park impact fees
Park impact fees will now be deposited into an impact fee fund designated by the Carmel City Council, and park impact fee credits provided as a bargaining chip to developers will need to be approved by council members.
Stout’s Shoes, Japanese steakhouse among businesses planning openings at Carmel development
In addition to a shoe store, steakhouse, med spa and brewery taproom, The Signature will have eight owner-occupied condominiums, 295 luxury apartments and a 374-space public parking garage.
Niemann Harvest Market grocery set to open in Carmel
The farm-to-market-style grocery plans to open its first Indiana store next week.
Carmel-based Pyatt Builders acquired by national homebuilder
Taylor Morrison, one of the nation’s largest home builders, also acquired about 1,500 lots around the Indianapolis metropolitan area as part of the deal.
Growing Carmel logistics firm looks to add 200 employees
Koola Logistics LLC, which works as an intermediary between trucking providers and people who ship goods, has signed an incentive deal with the state to aid in its expansion plans.
Hotel Carmichael exceeding financial expectations, could expand
Financial figures made public to the Carmel City Council show the luxury hotel has exceeded expectations for revenue and occupancy since its opening in 2020.
The GOAT tavern reopens in Carmel after three-year closure
A spokesperson for The GOAT, or Greatest of All Taverns, said the Midtown business reopened March 21 and will hold a grand reopening event May 4.
Carmel to seek outside funding sources for Monon Square South project
Plans call for the project to cost an estimated $47 million and feature a food hall, community gathering space, office space, apartments and a public parking garage.
North of 96th roundup: Whitestown wedding venue owners plan Westfield location
Multiple retailers, restaurants and other businesses have recently opened or are planning new locations in the north suburbs of Indianapolis.
Developer unveils updated plan for $300M Gramercy project in Carmel
A Buckingham Properties official told members of the Carmel City Council on Monday that the new plan would feature nearly 1,000 new residential units, 587 parking spaces, 28,000 square feet of retail and two public plazas.
Carmel wins lawsuit over state law that diverted local income tax funds to Fishers
Carmel argued the law harmed the city by depriving it of tens of millions of dollars in local income tax revenue it would have otherwise received.
Carmel Clay Board of Parks & Recreation calls off lawsuit against city
The parks board decided to end the lawsuit because the Carmel City Council in January passed a resolution outlining proposed changes to the approval process for future park impact fee credits.
Family Leisure planning small-format store at Merchants’ Square in Carmel
The store will be a pilot for a new, smaller-scale format that Family Leisure plans to roll out across central Indiana and potentially in other markets nationwide.
Lennar looking to develop 95-home neighborhood in Carmel
Current plans for the project call for the construction of 47 single-family houses, 48 town houses and 15,000 square feet of retail space.
Brainard endorses Raju Chinthala for 5th Congressional District seat
Chinthala, a Carmel resident, is the founder and president of the Indiana-India Business Council and formerly served as a senior adviser for Indiana for the Indiana Economic Development Corp.