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FOCUS: Investment ramps up in Carmel, Westfield as U.S. 31 construction ends

June 2, 2016

More than $235 million worth of development is anticipated or already under construction along the roadway through Carmel and Westfield—and that doesn’t include a handful of the projects with undisclosed costs.

Carmel, Fishers among richest Midwestern cities

June 2, 2016

(IBJ file photo) Two Hamilton County communities ranked in the top five wealthiest cities in the Midwest in a new report from personal finance website NerdWallet. Carmel is listed as the second-wealthiest city and Fishers is ranked fifth among municipalities with a population of at least 65,000. Nationally, Carmel ranked 22nd and Fishers is listed […]

UPDATE: City’s second-largest hotel to be sold for $165M

June 2, 2016

White Lodging Services Corp. and REI Investments have a contract to acquire the 622-room Indianapolis Marriott Downtown hotel, the owner said Thursday.

The Escape Room plans location in new Fishers development

June 2, 2016

The Edge, an office and retail development at 116th Street and Lantern Road, has attracted several other tenants, including a coffee shop, rental clothing boutique and eye care center.

CNO changes course with Monumental Marathon sponsorship deal

June 1, 2016

Monumental Marathon Executive Director Blake Boldon called the three-year title sponsorship deal with CNO Financial Group “a game-changing sponsorship.”

County gets $59M as part of local road-funding package

June 1, 2016

The distribution is part of $505 million that county auditors have distributed to local government units statewide, $435 million of which can be used for transportation funding.

Pittman Partners drops plans to develop $90M Zionsville project

June 1, 2016

The decision by Pittman Partners principal Steve Pittman is the latest sign of strife among siblings of Dr. John Pittman, a Carmel developer who died in 2014. Another sibling, Mark Pittman, now is leading efforts to line up an alternative developer.

Roundup: Zionsville eatery expands into Carmel, Dunkin’ Donuts plans more locations

May 31, 2016

The owners of Patrick’s Kitchen and Drinks in Zionsville recently introduced a new smokehouse menu at Danny Boy Beer Works in the Village of West Clay.

New homes selling rapid fire at former Fort Ben

May 31, 2016

Builder David Weekley Homes is launching the second phase of its 74-lot Residences at Lawrence Village project more quickly than expected.

Lawyers scatter after century-old Carmel firm closes

May 27, 2016

Most of the attorneys with Campbell Kyle Proffitt LLP have launched new practices following the hallowed firm’s dissolution last month.

Medical firms, universities drive increase in Indiana patents

May 26, 2016

Indiana inventors secured 30 percent more patents in 2015 than they did four years earlier.
And at more than 2,000, last year’s number is double the patents granted to Hoosiers in 2008, a low point for patents in the past two decades.

Program aims to mend souls, create art

May 26, 2016

Purposeful Design’s high-end furniture is produced by a cadre of men who were formerly homeless, or substance abusers, or both.

Biochemist Richard DiMarchi is ‘true entrepreneur’

May 26, 2016 | John Russell

Biochemist has founded or co-founded five startups since retiring from Eli Lilly and Co. as head of biotechnology research 13 years ago, at age 50.

richard-dimarchi

Carmel whiskey business lands $7.5 million in funding

May 26, 2016

Beach Whiskey LLC, led by beverage entrepreneur J. Smoke Wallin, announced Thursday it has snagged enough financing to begin selling its product in California, Florida and Hawaii.

Indy 500 general admission ticket prices soar on secondary market

May 26, 2016

General admission tickets available at the Speedway box office for $40 as late as Tuesday afternoon were selling for more than triple that amount on the secondary market by Wednesday morning after the race became a sellout.

Roundup: New holiday event at IMS, new hosts for ISO’s Yuletide Celebration

May 25, 2016

Plus Dionne Warwick to be honored at Indiana Black Expo’s Summer Celebration.

Senate report: Illegal immigration costs state $131M

May 25, 2016

The study factored in K-12 education, health care and incarceration costs. But advocates say undocumented immigrants also add to the economy by paying taxes and purchasing goods.

Hamilton County townships consider fall referendums for transit funding

May 25, 2016

The referendums being considered in two townships would propose a 0.25 percent income-tax increase to support public transportation projects, including the Red Line bus route.

Insurer’s top 3 execs ‘retire’ amid dispute with board leader

May 24, 2016

Three top executives of Baldwin & Lyons Inc.—who spent a combined 124 years with the Carmel-based trucking insurer—have suddenly "retired" after clashing for months with the board's executive chairman.

Bike sharing services grow in Hamilton County

May 23, 2016

Carmel’s bike sharing service has continued to expand as the 11th docking station opened Friday, and Westfield introduced that city’s first bike sharing station the same day.

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