The repurposed building at Washington and Post formerly housed Liberty Bell Flea Market. Also this week: New Bottleworks tenants, Circle Centre food court departures and more.
The victim, now 18, filed a federal lawsuit Wednesday in U.S. District Court in Indianapolis accusing Carmel Clay Schools and the district’s high school swim coach, Chris Plumb, of allowing her sexual exploitation to continue despite warnings.
Indianapolis-based development firm Litz & Eaton Investments LLC—whose principals are entangled in several legal battles as part of a messy split—sold the properties to other companies who plan to move forward with developing the sites.
City officials, on Friday night, said the total price tag for the city-backed Hotel Carmichael project has risen to $58.5 million due to rising construction and labor costs.
The deal is the latest evidence of Simon’s willingness to step into an ownership role to rescue mall chains that overexpanded and made other blunders as the internet roiled the fashion-retailing industry.
Following a round of closures earlier in the year, the high-end, organic-heavy chain says “challenges in the retail industry” have hindered its ability to pay off debt.
A double-barrel audit may be the next step in scrutinizing why Carmel’s boutique hotel project, The Hotel Carmichael, is about $20 million over its original budget.
Westfield-based Henke Development Group is seeking approval for a 2,000-acre master-planned community with retail stores, apartments, an industrial park, a golf course and thousands of residential units along Interstate 65.
The project is expected to include a 127-room Hampton Inn and conference center, a national grocer, restaurants and retail space, and possibly senior housing and medical offices.
Vincent Kovatch oversees the reconditioning processes for the millions of vehicles that Carmel-based KAR Global resells. That follows positions overseeing mergers and acquisitions, data management and predictive analysis for the Carmel-based auto resell giant.
One point everyone can agree on is that, over the past two years, construction costs have skyrocketed, thanks to higher prices for materials and a severe labor shortage. But other developers who spoke to IBJ say those setbacks alone would not explain a nearly 50% increase in the project’s cost.
A Carmel-based company is suing the Jelly Belly Candy Co. because it says the jelly bean maker’s packaging is too similar to its own and could cause customer confusion.
More than two years after first entering the market to great fanfare and huge crowds, Chicago-based Portillo’s is planning a fourth restaurant in the Indianapolis area.
From local restaurant Garden Table to the French cosmetics shop Sephora, retailers are setting their sights on the city’s hottest shopping and dining areas.
The software-as-a-service company, which was founded in the second quarter of last year, recently secured a local tech veteran as its CEO and hit its primary goal on its seed round of funding.
Carmel Clay Public Library Director Bob Swanay is scheduled to deliver an annual report on the library’s activities Monday during the City Council meeting.
Indiana House Speaker Brian Bosma, a Republican who called for Attorney General Curtis Hill’s resignation in 2018, said the prospect of an indefinite suspension causes uncertainty that he hopes the five-member Supreme Court will address in its final ruling.
