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Owner of Carmel’s Clay Terrace files for bankruptcy

June 14, 2021 | Susan Orr

Washington Prime Group, which filed for bankruptcy Sunday, said it may end up selling some or all of its properties as part of its restructuring. The company also owns several other local retail centers.

Federal COVID relief will be less than some cities expected

June 11, 2021 | Kurt Christian

Carmel, Fishers and Noblesville are among roughly 50 cities nationwide that are now projected to receive less than half of the federal COVID-19 relief money they originally expected.

Another big jump in prices tightens squeeze on U.S. consumers

June 10, 2021 | Associated Press

American consumers absorbed another surge in prices in May—a 0.6% increase over April and 5% over the past year, the biggest 12-month inflation spike since 2008.

Hoosier Sister launches home decor storefront at Clay Terrace

June 10, 2021 | Amelia Bostick

What started as a simple passion for changing the layout of their childhood bedrooms soon blossomed into the job of their dreams.

Torchy’s Tacos, Kung Fu Tea and more coming to Hamilton, Boone counties

June 10, 2021 | Kurt Christian

Roundup: Fishers might soon be getting a taco joint, an Asian tea franchise and a fast-seafood eatery. Also, a relocated veterinary clinic has plans to build next to a new Mexican restaurant in Carmel and part of a former Big Lots in Boone County is slated to become a new gym.

Williams Comfort Air and Mr. Plumber acquired by Georgia company

June 9, 2021 | IBJ Staff

The acquisition marks Marietta, Georgia-based Wrench Group’s first expansion into the Midwest and adds 400 employees to its operations.

Real Estate Weekly: News notes 06/08/21

June 8, 2021

These news notes appeared in IBJ’s Real Estate Weekly on June 6, 2021.

Artisan marketplace at 16 Tech adds tenants, amps up for grand opening

June 8, 2021 | Susan Orr

About half of the 20 vendors so far are already open at The AMP, which has its grand opening later this month. The AMP, a food-and-drink-based artisan marketplace, is on the campus of 16 Tech on the western edge of downtown.

Local software firm Authenticx lands $7.5M in growth capital

June 4, 2021 | IBJ Staff

The Carmel-based business communications software company said the new funding will be used for ongoing product development and to boost hiring.

Carmel-based Syra Health to add 126 jobs

June 3, 2021 | IBJ Staff

The health care and life sciences startup announced today it will expand its operations and add 126 new jobs by the end of 2025.

Volkswagen to use AI to analyze traffic in Carmel using city cameras

June 3, 2021 | Markus Miller

The auto company said Wednesday that Carmel will be the first city in the world where the software—which was developed in-house at Volkswagen—will be used to gather traffic and intersection data.

WISH-TV adds reporter to investigative staff

June 2, 2021 | IBJ Staff

The hiring of Jasmine Minor follows several other recent staff moves by the Indianapolis television station.

With Pittman family suits settled, developments in Carmel, Zionsville to proceed

June 1, 2021 | Kurt Christian

The five children of late heart surgeon and real estate developer John N. Pittman have reached a legal agreement after years of fighting over the management of their father’s estate. As a result, The Bridges in Carmel and The Farm at Zionsville can proceed.

2021 Forty Under 40: Jesse Rice

June 1, 2021 | Marc D. Allan

Jesse Rice, founder and owner of Black Circle Brewing Co., has transcended his business’s identity as a brewery and morphed it into a place where all are welcome.

2021 Innovation Issue: When the chips are down, manufacturers scramble

May 28, 2021 | Kurt Christian

A global semiconductor shortage, driven in large part by pandemic-related factors, is forcing many central Indiana manufacturers and distributors to broaden their supply base and forecast their needs longer term, along with hoping for federal aid from the president’s infrastructure proposal.

Real Estate Weekly: News notes, 05/25/21

May 25, 2021

These news notes appeared in IBJ’s Real Estate Weekly on May 25, 2021.

Online farmer’s market tech firm raises $5M, plans HQ move to Indianapolis

May 21, 2021 | IBJ Staff

Carmel-based Market Wagon grew from five employees to almost 55 during the pandemic, prompting the need for more operations space. It also plans to expand from 29 to 50 markets by the end of the year.

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