HETRICK: In Pendleton, living the good life on the edge of an edge city
If Carmel epitomizes edge city in central Indiana, then I’m now living on the edge of the edge.
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Articles
$225M Westfield project in works
Developer Steve Henke’s vision for Grand Park Village is grand: a 20-acre lake surrounded by an East Coast-style boardwalk lined with restaurants and shops. He sees a carousel at one end of the lake and a Ferris wheel at the other—with a beach, mini marina and watering hole in between.
Homebuilder focuses on ‘pocket’ communities near Carmel attractions
Two Carmel natives operate Old Town Design, which is building small neighborhoods of new Craftsman-style homes in and near downtown Carmel’s old neighborhoods.
Leases/leasing contracts
-Allison Transmission leased 127,446 square feet of industrial space at Park Fletcher, 2840 Fortune Circle West Drive. The tenant was represented by Glenn Davis and Ross Reller of Colliers International. The landlord, Duke Realty, was represented by Duke's Kate Willen Ems.
-GVS Filter Technology leased 43,200 square feet of industrial space at 5303 5373 W. 79th St. The tenant was represented by Michael Weishaar of Cassidy Turley. The landlord, Duke Realty Corp., was represented by Duke's Kate Willen Ems.
-Reading Bakery Systems leased 25,340 square feet in Park 100 Building 134, 7451-7543 Winton Drive. The tenant was represented by Glenn Davis of Colliers International. The landlord, Pinchal & Co., was represented by Chip Barnes and Jake Sturman of Jones Lang LaSalle.-Goelzer Investment Management Inc. renewed its lease for 13,189 square feet of office space at 111 Monument Circle. The tenant was represented by Jon Owens of Cassidy Turley. The landlord, HRPT Lenexa Trust Properties, was represented by John Robinson and Adam Broderick of Jones Lang LaSalle.
-Cisco leased 11,888 square feet at Meridian Mark II, 11711 N. Meridian St., Carmel. The tenant was represented by Adam Broderick of Jones Lang LaSalle. The landlord, Zeller Realty, was represented by Zeller's Mark Vollbrecht.
-Classic Designs Unlimited LLC leased 10,500 square feet of industrial space at 3250 N. Post Road. The tenant was represented by Kyle Powell of Ambrose Property Group. The landlord, Iron Point, was represented by Bryan Poynter of Cassidy Turley.
-AmeriCare Ambulance Service leased 9,600 square feet of industrial space at 4180 N. Elmhurst Drive. The landlord, Carl Weedman Family Trust & Frank T. Kilby Trust, was represented by Bill Byram of Cassidy Turley. The tenant represented itself.
-Relevant Technologies leased 3,848 square feet at Castle Creek IV, 5875 Castle Creek Parkway, North Drive. The tenant was represented by Adam Broderick of Jones Lang LaSalle. The landlord, Orix USA, was represented by Matt Langfeldt of Summit Realty Group.
-Market Street Wealth Management Advisors LLC leased 2,872 square feet of office space at 3091 E. 98th St. The tenant was represented by Brooke Sipe of Alliance Commercial Real Estate. The landlord, Brookfield Real Estate Opportunity Fund, was represented by Darrin Boyd and Dave Moore of Cassidy Turley.
-Helix Medical LLC leased 2,439 square feet of office space at 7301 E. 90th St. The tenant was represented by Randall Tarnow of Mohr Partners. The landlord, Westminster Funds, was represented by Todd Vannatta of Cassidy Turley.
-Indy EIFS Supply Inc. leased 2,400 square feet of industrial space at 5545 W. Raymond St. The tenant was represented by Jake Sturman of Jones Lang LaSalle. The landlord, Iron Point, was represented by Bryan Poynter of Cassidy Turley.
-Zico LLC leased 1,500 square feet of industrial space at 8444 W. Castlewood Drive. The tenant was represented by Grant Lindley of Cassidy Turley. The landlord, Mann Properties, was represented by Debbie Mann of Mann Properties.
Body found in Carmel storage unit
A woman’s body was discovered Thursday in a storage unit in Carmel. Police say the body was found in the driver’s seat of a car inside the unit in the 1000 block of North Rangeline Road. The woman is believed to have been there since March. Police are investigating the cause of death, but say there is evidence of suicide.
Docs court employers with health management
Three years ago, the physician practice American Health Network was concerned that the boom in employer on-site clinics would hurt its business. So it launched a program aimed at managing the health of employers’ workers. And it has come up with some impressive results.
Westfield’s ‘Grand’ plans extend downtown, too
More than five years in the making, Westfield’s $20 million Grand Junction initiative is moving forward. Mayor Andy Cook said the project already is paying off.
Swedish shows stark contrast with Braly
One month into Joe Swedish's tenure as CEO of WellPoint Inc., he and the communications staff set up an interview with me. That was quite different from my experience with Angela Braly, who declined all of my interview requests in her 63 months as CEO.
Against court orders, Conour auctioned art for $10K
Attorney William Conour, accused of defrauding clients of more than $4.5 million, has admitted to auctioning some of his art collection in an apparent violation of bond conditions.
MACALLISTER: Stop, think before expanding transit
We continue to analyze, visualize and contemplate the expansion of an urban transit system for the Marion County area. All accept the blessing of reduced traffic during rush hours, but alas, to do so entails a cost-benefit ratio that might be troubling.
Carmel panel refuses to back Midtown redevelopment plan
A $100 million proposal to reinvent an old industrial area in downtown Carmel hit a snag Tuesday, when a City Council committee decided not to pursue a state tax credit that could help fund the project.
Indianapolis hospitals hit with tough bargaining environment
Aggressive construction wiped out historical territories, thus opening the door to insurers playing hospitals off each other.
Docs court employers with health management service
Three years ago, the physician practice American Health Network was concerned that the boom in employer on-site clinics would hurt its business. So it launched a program aimed at managing the health of employers’ workers. And it has come up with some impressive results. Carmel-based American Health’s Employer Health Management program sends nurses to all […]
What is tipping point for development incentives?
A Carmel City Council committee’s decision not to help Pedcor Cos. land a state tax credit sent a message to developers: Public money won’t be flowing quite as freely in the future.
Construction
-Alt Construction has completed a 24,010-square-foot office build-out for CP Vincennes LLC at 4030 Vincennes Road.
-Alt Construction has completed a 2,100-square-foot build-out for PEARings: Frozen Yogurt & Beyond at 6 W. Washington St.
-Alt Construction has completed a 53,885-square-foot office build-out for Bell Techlogix at 4400 W. 96th St., Carmel.
Mainstreet plans $9.2M nursing home on northwest side
The 65,000-square-foot nursing-home and assisted-living facility would feature an Internet cafe, movie theaters and restaurant-style dining with an on-site chef.
Friday fun: Exploring standout suburban restaurants
Few things are as fun for me as trying a new restaurant—or revisiting an old favorite.But I never realized how Indianapolis-centric my choices were until this spring, when the Indy Star and Indy Monthly both compiled lists of gotta-go restaurants.
INDOT memo strips information in public tug-of-war
By one stroke this year, Indiana lawmakers and the new governor vastly improved the public's ability to find out how the show is run at the Statehouse, while in another, top managers at the Indiana Department of Transportation quietly clamped down on what's available.
Company news
Carmel-based Mainstreet Property Group plans to build a 100-bed “health care resort” on seven acres at 5404 Georgetown Road, according to a tax-abatement request filed with the city. The $9.25-million, 65,000-square-foot nursing-home and assisted-living facility would feature an Internet cafe, movie theaters and restaurant-style dining with an on-site chef, spokeswoman Kate Snedeker said. Seventy of the beds would be for skilled nursing and 30 for assisted-living residents. Mainstreet would lease the property to a third-party operator, which hasn’t been identified. Mainstreet estimates the operator would employ 80 people earning an average $17.30 per hour. Mainstreet is seeking a three-year property-tax abatement that would save the company about $468,000, according to a preliminary resolution that goes before the Metropolitan Development Commission on June 5.
Indiana University and Purdue University joined nine other members of the Big Ten athletic conference June 1 to form the Big Ten Cancer Research Consortium. The schools intend to conduct collaborative clinical trials to develop insights and products to treat cancer. Indianapolis-based cancer research organization Hoosier Oncology Group will serve as administrative headquarters for the consortium. Since 1984, Hoosier Oncology Group has initiated more than 150 clinical trials with more than 4,000 patients. “The advantage of this, particularly during a time of austerity for research, is that we can build upon the strengths of the institutions and fortify some of the shortcomings,” Dr. Patrick Loehrer, director of the IU Melvin and Bren Simon Cancer Center, said in a prepared statement.
Eli Lilly and Co. suffered a setback on one of its attempts to win approval for new indications for its blockbuster lung cancer drug Alimta. The drug did not extend progression-free survival times longer than the old chemotherapy drug paclitaxel when studied in a clinical trial of patients with nonsquamous non-small lung cancer. Paclitaxel, or Taxol, was given to patients with two other chemotherapy agents, carboplatin and bevacizumab. Alimta was given to patients along with carboplatin. Alimta had nearly $2.6 billion in global sales last year, but its rate of growth slowed to just 5 percent. Lilly hoped a new indication would reignite Alimta growth rates, helping it offset revenue Lilly will lose in the next year as patents on its drugs Cymbalta and Evista expire. Alimta, by contrast, has patents that will likely extend its life through 2021.
Buckingham set to redevelop Carmel shopping center
The Carmel Marketplace on East Carmel Drive is directly south of the Mohawk Hills apartment complex, which Buckingham hopes to start redeveloping as part of its long-awaited Gramercy project late this year.