Estridge scales back Symphony development in Westfield
The Estridge Cos. said it is reducing Symphony from a planned 1,400 acres to a size that will closer rival the Carmel-based home builder’s 436-acre Centennial development, also in Westfield.
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The Estridge Cos. said it is reducing Symphony from a planned 1,400 acres to a size that will closer rival the Carmel-based home builder’s 436-acre Centennial development, also in Westfield.
Duke Energy Corp. placed Mike Reed, CEO of its Indiana operations, on administrative leave Tuesday afternoon amid a state investigation that involves the company and resulted in the dismissal of the chairman of the Indiana Utility Regulatory Commission.
Daniels administration alleges Indiana Utility Regulatory Commission chairman David Lott Hardy knew an administrative law judge was talking with Duke Energy Corp. about a job even as he presided over a Duke case.
Hundreds of family, friends, police officers and complete strangers poured into Greenfield Central High School on Monday to honor and remember Greenfield police officer William Phillips. Phillips was killed in a hit-and-run accident last Thursday. The suspect, 61-year-old Sue Anne Vanderbeck, turned herself in Monday to authorities in Henry County.
The Indianapolis City-County Council on Monday approved a ban on the sale of “spice,” the synthetic substance similar to marijuana. The vote was 20-1. Other counties and cities in central Indiana have previously passed similar bans, and the push for a statewide ban is gaining steam. Spice, also called K2, is sold under various names at convenience stores, often as incense. It can cause adverse health effects or even death when smoked.
An unruly man at the Delta Air Lines baggage claim at Indianapolis International Airport was subdued by a stun gun and arrested late Monday night. The unidentified Indianapolis man had just returned home from New York about 11:30 p.m. and got into a verbal altercation with a baggage representative over missing baggage. Airport police officers asked the man to leave the office, but he refused. He was taken to Marion County Jail. Fox59 will have more at 4 p.m.
American Community Bancorp Inc.’s subsidiary bank, Bank of Evansville, will become part of Jasper-based German American Bancorp Inc. in a deal valued at nearly $30 million.
Between-movements claps drew attention at Indianapolis Symphony Orchestra gala.
Chicago-based Perpetual Recycling Solutions said it will purchase and renovate an existing, 100,000-square-foot facility in the city, with plans to create up to 55 jobs by 2012.
National Car Sales, for years known for its commercials featuring basketball coach Bobby “Slick” Leonard, closed last week after more than 20 years in the market.
Michigan-based Camryn Industries plans to close the facility in Berne on Oct. 15 after the sale of the plant to Visionary Technologies Inc., also based in Michigan.
The University of Indianapolis has been selected to manage a $32.7 million effort to improve schools through teacher-improvement programs and performance-based bonuses.
The Metropolitan School District of Lawrence Township Schools is the only school system in Indiana and one of just 36 nationwide receiving the grants from the U.S. Department of Education.
Interactive Intelligence Inc. has bolstered its product line of business software applications by acquiring Latitude Software for $14 million.
Local not-for-profit also may temporarily reduce client services to ease its financial struggles. The agency said it needs to raise $200,000 to continue operating through the rest of the year.
Fishers-based Clarke Engineering Services plans to invest $2.1 million to expand its headquarters operation, creating as many as 29 jobs by 2012. The 13-year-old firm said it will begin hiring immediately.
A nonpartisan group has launched a website to help Indiana voters determine where candidates stand on the issues, even if the candidates didn't answer its pre-election survey.
DeVere/FCC LLC, a joint venture of DeVere Construction Co. Inc. and Flaherty & Collins Construction Inc., has started construction of the $25.5 million second phase of The Boulevard Apartments. The 213-unit complex is being built on 8.94 acres in the 1,700-acre Anson mixed-use development near Interstate 65 and State Road 334.
On a seasonally adjusted basis, the pace of mortgage loan activity decreased 0.8 percent for the week ended Sept. 24, according to the Mortgage Bankers Association. The rate for 30-year mortgages decreased to 4.38 percent from 4.44 percent the previous week. The rate for 15-year mortgages fell to 3.77 percent from 3.88 percent.