Roundup: Aurelio’s Pizza, ice cream ’emporium’ and Dottie Couture in Fishers
Chicagoland favorite Aurelio’s Pizza is extending its reach into central Indiana, with plans for a restaurant in Fishers. Plus: ice cream, sushi, and more Dottie Couture.
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Byrd’s flying north to renovated Fountains facility
The Carmel banquet center formerly known as The Fountains is being remodeled to accommodate new tenant Jonathan Byrd’s Catering.
Developer seeks $11.5M subsidy for Carmel project
Edward Rose Development Group is asking the city to issue tax-increment financing bonds to help pay for a parking garage and infrastructure in an $80 million project it’s planning.
Construction
-Kort Builders has completed a 2,000-square-foot build-out for The Kolache Factory at 890 E. 116th St., Carmel.
-Kort Builders has completed a 7,000-square-foot build-out for PetPeople at Nora Plaza, 86th Street and Westfield Boulevard.
Leases/leasing contracts
-Kenco Logistic Services LLC leased 257,030 square feet in Browning/Duke Realty’s AllPoints at Anson Building 7A in AllPoints at Anson, Whitestown. The tenant was represented by Mark Writt of CBRE. The landlord, Duke Realty, was represented by Jay Archer and Mark Hosfeld of Duke.
-Fuzion Analytics Inc. leased 27,296 square feet at 550 Congressional Blvd., Carmel. The landlord, 550 REI Perennial LLC, was represented by Matt Langfeldt and Rich Forslund of Cushman & Wakefield/Summit. The tenant represented itself.-Applied Engineering Services Inc. leased 13,745 square feet at 9100 Keystone Crossing. The tenant was represented by Brian Askins and Matt Waggoner of Cushman & Wakefield/Summit. The landlord, Equus Capital Partners Ltd., was represented by Abby Zito and John Robinson of JLL.
-Bubba's 33 leased 9,597 square feet at Greenwood Place, 7759-7921 S. US 31. The tenant was represented by Thompson Thrift. The landlord, The Broadbent Co., was represented by Joe Kenney of Broadbent.
-KE Labs leased 4,412 square feet at 3500 DePauw Blvd. The tenant was represented by Brian Askins of Cushman & Wakefield/Summit. The landlord, CP Pyramids Associates, was represented by Dave Moore of Cassidy Turley.
-Business Media Group leased 4,200 square feet at 8 W. Louisiana St. The tenant was represented by Ralph Balber of Newmark Knight Frank Halakar. The landlord, Sadie Properties LLC, was represented by Matt Langfeldt and Rich Forslund of Cushman & Wakefield/Summit.
-Anytime Fitness leased 4,000 square feet at Washington Shoppes, 10009-10089 E. Washington St. The landlord, The Broadbent Co., was represented by Joe Kenney of Broadbent. The tenant represented itself.
-McGrady Hill LLC leased 3,764 square feet at Crosspoint Plaza One, 10475 Crosspoint Blvd. The tenant was represented by Mark McDermott of McDermott Commercial Inc. The landlord, Lexington Crosspoint LP, was represented by Matt Langfeldt and Rich Forslund of Cushman & Wakefield/Summit.
-Verizon Access Transmission Services leased 3,427 square feet at 550 Congressional Blvd., Carmel. The tenant was represented by Kevin Riley of CBRE. The landlord, 550 REI Perennial LLC, was represented by Matt Langfeldt and Rich Forslund of Cushman & Wakefield/Summit.
-A-1 Cash Advance leased 1,200 square feet of retail space in Kroger Plaza, 1619 E. Michigan Road, Shelbyville. The landlord, Sandor Development, was represented by Drew Kelly of Sandor. The tenant represented itself.
-Delicias Jalisco leased 1,200 square feet at Lafayette Shoppes, 3840-3882 Lafayette Road. The landlord, The Broadbent Co., was represented by Jim Mosher of Broadbent. The tenant represented itself.
Indiana adds jobs, but unemployment inches up
The state added 17,400 jobs to employer rolls in June, including a 7,400-worker boost in the government sectors. But a bump in residents returning to the labor force increased the unemployment rate.
Financial planner parlays meals for clients into money lessons
Joe Clark says the two things that seem to matter to people the most are food and money. He has found a way to combine the two, cooking for client families in their homes once or twice a month as he answers questions and gets to know them better.
Roundup: More craft-beer pubs on tap for August
TwoDeep Brewing and HopCat set to enter the craft beer scene; a third Pizzology opening; and a retail tenant coming to Ironworks at Keystone Avenue and East 86th Street.
Report: Carmel panel may face TIF shortfall but can pay debts
New financial projections suggest the Carmel Redevelopment Commission will have enough annual revenue to pay its debts for the next 15 years before dipping into reserves. But property taxes from the city’s two-dozen TIF districts could fall more than $1 million short as soon as next year.
Competition soars at Indianapolis-area airports
An airport near Zionsville is upping the ante for Indianapolis International Airport reliever fields.
Construction
-Capitol Construction has completed a 60,000-square-foot office expansion for Next Gear Capital at 11799 N. College Ave., Carmel.
-Capitol Construction has completed a 9,000-square-foot retail and office building for LOR Corp. at 1002 Broad Ripple Ave.
-Capitol Construction has completed a 1,600-square-foot health clinic for Midwest ISO at 720 City Center Drive, Carmel.
Seventy-lot subdivision slated for Fort Harrison property
The proposed Residences of Lawrence at Fort Ben subdivision would be the first single-family project on the former army base since it closed in 1995.
Indy patients love their doctors
Indianapolis ranked fifth highest among the nation’s largest cities for the most positive reviews of physicians. On a five-point Patient Happiness Index, the average review by patients scored Indianapolis physicians at a 4.05. San Francisco physicians topped the list.
The wild East: Conference wide open with James’ move
Cleveland isn’t an automatic contender with LeBron James back in the lineup, and there are no clear candidates to fill the power vacuum left by Miami.
Carmel cancels pharmaceutical firm’s tax break
Carmel City Council voted 6-0 Monday to terminate a tax abatement for Pharmakon LTC Pharmacy, which relocated its drug-repackaging operation to Noblesville last year.
Upscale salon closes Clay Terrace storefront
High-end David & Mary Salon Spa has closed its Clay Terrace location after months of grappling with road construction, frigid weather and the loss of several key employees. Plus: Macaroni Grill leaves Carmel.
Northern suburbs see blitz of apartment construction
Growing demand for high-end, low-maintenance living is fueling an apartment-building boom in Indianapolis’ northern suburbs—and raising concerns among some leaders about the risks of adding too much too fast.
Doctors’ drug money
Indiana physicians and research organizations reaped more than $25 million in payments from 15 pharmaceutical firms in 2012, according to the most recent data made available by the not-for-profit group ProPublica. Lilly was the biggest spender and the IU medical school was the biggest recipient.
Beer technology firm buys N.C. company
Carmel software startup SteadyServ Technologies acquired North Carolina beer-app developer PintLabs.