The Carmel City Council updated its guidelines for approving economic development incentives for businesses Monday night and increased the average employee salary threshold from $45,000 to $90,000.
The 125,000-square-foot Market District is located at 11505 N. Illinois St. within the $100 million development called The Bridges that already features a CVS Pharmacy and retail building on the north side of the property.
City Council finance committee chairwoman Luci Snyder kept the ordinance in committee after a hearing last week. Council president Rick Sharp tried to override that decision Monday night and allow the full council to discuss it, but didn’t have enough support.
Carmel’s finance committee met Thursday to discuss the proposed ordinance. After taking several public comments, the committee declined to move the proposal to the full council.
The FBI conducted an investigation Tuesday morning at the Carmel home of James Burkhart, CEO of one of the state’s largest providers of nursing home care.
Baker Hill, a Carmel-based software division of corporate giant Experian PLC, is being sold for $100 million to The Riverside Co., a private equity firm based in New York City.
Since Virginia-based Falcon’s Nest purchased the 400-acre development in 2011, residential construction has slowly been increasing. Now, some commercial development is beginning to follow.
I haven’t been to Ireland. So I can’t say for sure whether Carmel’s newly opened Langton’s Irish Pub, which bills itself as an “authentic Irish pub” should feature video screens visible from nearly every seat.
Barriers, barricades, traffic cones—all disrupt traffic on almost every street in town. (I live one mile from 106th and Meridian but must drive three miles and about 20 minutes to get there.)
Technology consulting firm GyanSys Inc. plans to add 246 employees by the end of 2020 as it invests $4.5 million in its Carmel headquarters, the company announced Wednesday morning.
Heartland Food Products Group announced Tuesday that it plans to acquire low-calorie sweetener brand Splenda, creating the need for a major expansion at its Indianapolis-area operations.
