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Spinal cord research group moving HQ to former Five Seasons club in Carmel

August 1, 2023 | Daniel Bradley

A Las Vegas-based not-for-profit founded by former IndyCar driver Sam Schmidt announced Tuesday that it will spend $21.4 million to purchase, renovate and equip the former Five Seasons Family Sports Club facility, which closed in 2017.

Developers revise plan for controversial $61M residential project north of Broad Ripple

August 1, 2023 | Mickey Shuey

The owners of Willows Event Center on Spirit Lake are reviving efforts to redevelop the site with apartments and townhouses, almost a year after withdrawing their proposal amid pushback from neighbors.

Indiana revokes licenses for three addiction treatment centers after deaths

July 27, 2023 | Associated Press

The Indiana Division of Mental Health and Addiction revoked the license for Praxis Landmark Recovery in Mishawaka and sister facilities in Bluffton and Carmel, the company said.

Carmel files lawsuit over state law that diverts local income tax funds to Fishers

July 27, 2023 | Daniel Bradley

The complaint says Carmel has lost $16.7 million to Fishers, rather than the estimated $10.2 million, since the original law was enacted. It also estimates Carmel stands to lose more than $39 million through 2026 because of the extension.

North of 96th roundup: More sweet treats for the north side

July 27, 2023 | Daniel Bradley

Multiple retailers, restaurants and other businesses have recently opened or are planning new locations in the north suburbs of Indianapolis.

Conner Prairie’s expansion plan moves forward with favorable recommendation

July 26, 2023 | Daniel Bradley

Conner Prairie’s plan to expand the outdoor living-history museum west of the White River received a boost Tuesday night from the Carmel Plan Commission.

Jennifer Wagner Chartier: We can’t operate in a vacuum while we plan for future

July 21, 2023 | Jennifer Wagner Chartier/ Special to IBJ

In a recent ranking of 100 suburbs, Carmel, Fishers and Noblesville were rated three out of the top five safest communities in the nation.

Editorial: City should make Spark park a permanent part of the Circle

July 21, 2023

Spark is a welcome addition to downtown and the Circle in particular—one it feels like the city has been building up to for too long.

More Hoosiers opting to unretire

July 21, 2023 | Peter Blanchard

A strong stock market in the first 18 months of the pandemic boosted the retirement earnings of many Americans, helping to spur the “Great Retirement Boom.” Inflation and others factors have since sent some older Americans back to work.

Central Indiana development group names Jennifer Messer executive director

July 20, 2023 | Daniel Bradley

Messer, an attorney who operates her own law firm, will lead the newly formed group as it looks to increase collaboration and apply for regional grants.

Sahm’s vacating longtime bar and restaurant space in Fishers

July 18, 2023 | Daniel Bradley

Hoss Bar & Grill, a Sahm’s Restaurant Group business that took over a spot previously occupied by Sahm’s Bar & Grill, has closed.

Scott Wise cites labor shortage in closure of Roots restaurant location

July 17, 2023 | Dave Lindquist

The longtime restaurateur said challenges related to recruiting employees and inflation factored in the recent closure of one of three Roots Burger Bar locations.

Funding challenges await new leaders at arts groups

July 14, 2023 | Dave Lindquist

Many donors who support Indianapolis arts organizations are asking the same question during a time of significant turnover in leadership: “Are things going to change?”

Riverview Health CEO anticipates growth despite recent red ink

July 14, 2023 | John Russell

It’s turnaround time at Riverview Health, the small, 114-year-old hospital system owned by Hamilton County, which is trying to deal with competition from larger health care systems.

Hoosier borrowers gearing up for restart of student loan payments

July 14, 2023 | Susan Orr

Hundreds of thousands of Hoosiers will soon be required to make payments on their federal student loans after a 3-1/2-year pandemic pause—and some of those borrowers are more prepared for that day than others.

Developer planning 252 apartments on west side of Carmel

July 13, 2023 | Daniel Bradley

The project proposed by Carmel-based REI Real Estate Services calls for 11 two- and three-story apartment buildings along North Michigan Road.

Fishers-based biosciences firm Quantigen acquired by Versiti

July 10, 2023 | Daniel Bradley

Quantigen employs 46 people at its office at 10300 Kincaid Drive, and it will retain its name following the deal.

IBJ Podcast: Fast-growing MOTW Coffee and Pastries expanding to Chicago with pro-Muslim message

July 10, 2023

Sajjad Shah tells host Mason King that within five years, he hopes to have 40 to 50 coffee shops in the U.S.—a mix of company-owned and franchised locations.

Local coffeeshop chain planning aggressive U.S. expansion

July 10, 2023 | Mason King

Owner Sajjad Shah Shah self-funded the first four MOTW shops without any debt or investors, but the company is working to clear hurdles to become eligible for franchising as well.

IU Health aims to award 30% of downtown hospital project to diverse contractors

July 7, 2023 | John Russell

IU Health expects to give about $690 million worth of work to diversity contractors. That’s 30% of $2.3 billion—the amount the hospital system says the project is worth after subtracting the cost of expensive medical equipment such as imaging scanners.

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