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    Kurt Beier

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Articles

Owners of The GOAT in Carmel file petition to reverse zoning decision that shut down tavern

May 13, 2021 | Kurt Christian

The owners say the Carmel Board of Zoning Appeals’ decision to deny a zoning variance that would permit the tavern “was arbitrary and capricious.” They also point to other bars and restaurants in close proximity to The GOAT that are allowed to operate.

Napleton Automotive sues former Carmel general manager for taking secrets, poaching employees

May 13, 2021 | Mickey Shuey

Napleton Automotive Group claims a former general manager in Carmel took confidential information when he left in February for the same role at Bob Rohrman Kia in Lafayette.

Carmel City Council OKs $25 million bond with minor modifications

May 4, 2021 | Kurt Christian

The Carmel City Council approved the issuance of $25 million in tax increment financing bonds Monday after holding eleven public meetings to discuss and evaluate the city administration’s request.

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Developers seek financing help for $96M in Carmel residential projects

May 4, 2021 | Kurt Christian

The developer behind the Proscenium development in Carmel is expanding the project across the street, and an Indianapolis-based developer is planning to dive into the Carmel market with a $78 million project.

Carmel zoning board closes The GOAT by denying owner’s request

April 27, 2021 | Kurt Christian

The Carmel Board of Zoning Appeals on Monday denied the request that would’ve allowed for the continued operation of the tavern in a primarily residential neighborhood.

Developer plans apartment, condominium project in Carmel

April 22, 2021 | Kurt Christian

The Signature at Carmel is currently designed to feature 287 luxury apartments, eight condominiums and 16,100-square-feet of retail space at the northeast corner of Old Meridian and Main streets.

Is Carmel’s city council less aligned with the mayor?

April 16, 2021 | Kurt Christian

Recent council actions are raising questions about whether members are becoming more skeptical of Mayor Jim Brainard’s vision for the city and subsequent spending.

ROUNDUP: Feinstein’s cabaret set to open in Carmel this weekend, coffee and burger shops to follow

April 15, 2021 | Kurt Christian

Feinstein’s at Hotel Carmichael will host its debut public performance Saturday, plus the latest on Shake Shack and Wahlburgers.

Donatello’s Italian Restaurant in Carmel calling it quits after 10 years

March 25, 2021 | IBJ Staff

Patrick and Beth Aasen, who founded the restaurant at 9 W. Main St. in late 2010 with their son, Carmel City Council member Adam Aasen, said they plan to retire after 40 years in the restaurant business.

Owner of Carmel’s Clay Terrace acknowledges possible bankruptcy filing

March 18, 2021 | Susan Orr

Washington Prime Group, a Simon Property Group spinoff that owns several other local shopping centers, barely missed defaulting on a $23.2 million interest payment this week before securing a forbearance agreement that ends on March 31.

Carmel physician’s lawsuit says St. Vincent fired him without cause

March 15, 2021 | John Russell

A Carmel physician who worked for St. Vincent Medical Group for a decade is suing the health system, claiming it fired him without cause last year.

Roundup: Monterey Coastal Cuisine to open next month in Carmel’s Sophia Square building

March 11, 2021 | Kurt Christian

Former homebuilder Paul Estridge Jr. is opening a new seafood-forward restaurant called Monterey Coastal Cuisine next month. Also, three new businesses are slated to open in Carmel City Center this summer.

Owner of Carmel’s Clay Terrace preparing bankruptcy filing, report says

March 7, 2021 | IBJ Staff

Washington Prime Group skipped a $23 million interest payment on its debt in February, and its negotiations with lenders reportedly are faltering.

Former Stutz owner plans redevelopment of three Carmel properties

March 5, 2021 | Kurt Christian

Turner Woodard, the former majority owner of the Stutz Business and Arts Center in downtown Indianapolis, has purchased the former Rich’s Home Furnishings showroom in Carmel to redevelop as the first in a series of three new projects in the northern suburb.

Carmel council OKs $60M in road bonds, continues questioning $65M for other projects

March 3, 2021 | Kurt Christian

Some councilors have concerns about what the bonds would be spent on—including public art—while others worry the city’s plans to acquire more properties would harm small businesses.

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Carmel Council to consider establishing formal investigations process

March 1, 2021 | Kurt Christian

A council member’s investigation into the Hotel Carmichael’s cost overruns and a city employee’s complaint hit a roadblock, so she’s co-sponsoring two proposed ordinances intended to provide guidance related to the council’s investigatory powers.

The Proscenium in Carmel almost ready for its debut

February 26, 2021 | Kurt Christian

What once was a deteriorating Party Time Rental warehouse and an Arby’s has been transformed into a ritzy residential and commercial block.

NY hedge fund’s meltdown could cost clients of Carmel investment firm millions

February 19, 2021 | Greg Andrews

Indie Asset Partners customers are upset that the hedge fund, which was supposed to spread out funds to dozens of money managers, instead concentrated the money with a single manager whose performance tanked early last year.

Carmel-based Protective Insurance to be acquired by Progressive

February 16, 2021 | Susan Orr

Insurance giant Progressive is purchasing Protective in a stock deal worth $338 million. Protective, known as Baldwin & Lyons Insurance until 2018, is the Indianapolis-area’s 12th largest public company in terms of annual revenue.

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Allegion hires new Carmel-based exec to lead Americas business

February 11, 2021 | Susan Orr

Luis Orbegoso, 50, joins Allegion from American Residential Services. He’ll be based in Allegion’s Carmel office and oversee the security-products company’s operations in the Americas.

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