The company has acquired a 10-acre parcel near the southeast corner of Interstate 65 and Whitestown Parkway for $3.6 million, giving it 25 acres at the interchange for the new dealership.
Jill Margetts joined Centerfield in 2007—which has invested in more than 40 companies—near the end of its first fund and during the launch of its second. It’s now on its fourth, “and with each new fund, the firm’s size and investor base has grown,” she said.
Neal Brown, who’s already busy taking over the Recess space south of Broad Ripple for a new eatery, also is cooking up something new in the current location of Pizzology on Mass Ave.
A proposal in the Indiana House that would restrict local governments from banning short-term rentals—such as Carmel’s recent move to stop owners from sharing their homes on Airbnb—appeared to be dead earlier this week.
The result is a victory for local governments that want to thwart homeowners from offering their houses on Airbnb—but not for homeowners in those communities who wish to use such services to make extra money.
The Indiana Court of Appeals on Friday declined to take up an appeal from four cities, which had sought to dismiss the challenges from three conservative groups.
But South Bend-based Holladay Properties is about to test the demand for new housing priced in the $200,000 range on the former campus of the west-side Central State Hospital.
The four-story building adds 80,000 square feet to Delta Faucet’s campus and includes an expanded showroom, cafe, conference rooms, office space and labs for testing new products.
Currently operating in eight states, the firm was founded in 2000 by three executives who had previously worked at another local auto auctioneer, Carmel-based ADESA.
City officials could create a committee to examine the impact of online lodging services. Carmel has come out against them, and state legislators are weighing a bill prohibiting cities from banning them.
The Indianapolis-based retailer plans to take a pretax charge of as much as $36 million in connection with the sale of the money-losing business to a Los Angeles-based investment firm.
A Dallas mortgage company accuses Carmel banker Michael Petrie of launching a "delberate and vindicative campaign" to try to drive it out of business. But a separate lawsuit against the Dallas firm tells a different story.
