The Carmel Redevelopment Commission has purchased one property on the northeast corner of Main Street and Rangeline Road and is in negotiations for the remaining parcels.
Indianapolis-based Elevate Ventures said it made the investment through the 21st Century Research & Technology Fund, which is reserved for Indiana companies.
Carmel Mayor Jim Brainard told Carmel City Council members during budget hearings last week that BlueIndy had received permission from its parent company, Bollore Group, to scout sites throughout the city.
The Carmel-based, for-profit educator began liquidation proceedings Friday after closing 136 technical schools, leaving over 35,000 students stranded in one of the largest college shutdowns in U.S. history.
The deals would swell the holdings of Mainstreet Health Investments, a publicly traded owner of senior care facilities, from 24 properties to 31. The purchases include four properties from Carmel-based Mainstreet Property Group for $92.8 million.
ITT Educational Services Inc., the 70-year-old for-profit college operator that shut down its 136 technical schools last week, has hired advisers to liquidate its assets, according to one of the firms brought in to handle the sales.
Indianapolis notched a top-10 ranking for tech-company office leasing during a recent one-year period, according to a new national survey, illustrating the city’s allure for local and out-of-town tech firms. A report published Sept. 12 by real-estate services firm Jones Lang LaSalle IP Inc. found that tech companies signed leases for just under 985,000 square feet […]
Newk's Eatery announced Thursday that it has reached a development agreement with local investors to open 15 locations in the Indianapolis area and southern Indiana over the next several years.
The upscale electric car company plans to begin renovating a 26,000-square-foot building next month on the north side and should open the shop by the end of the year.
The Carmel-based for-profit educator, which last week shut down all 136 of its ITT Technical Institute campuses in 38 states, said it will “cease all operations” on Friday.
Firms signed lease deals for nearly 1 million square feet of office space between mid-2015 and mid-2016 in Indy’s metro area, led by a mammoth deal for Salesforce.com, according to a national study.
More than 100 former students of now-closed ITT Technical Institutes announced Wednesday they'll no longer make payments on their federal student loans, part of a revolt against what they call the Obama administration's negligence in policing for-profit colleges.
Six of Indiana’s U.S. representatives filed legislation Tuesday to help veterans regain their GI Bill education benefits after the closure of ITT Technical Institute.
Indiana Gov. Mike Pence wants the U.S. Department of Veterans Affairs to reinstate GI Benefits for students who enrolled in ITT Technical Institute, but that may not be legally possible.
Attendance was down about 13 percent from when Crooked Stick last hosted the tournament in 2012, but this year’s event was plagued by rainy, stormy weather that delayed rounds during the first three days of play.
