Keystone Realty Group is asking Carmel to issue $3.8 million in economic development bonds to help pay for parking and site work on a 5.3-acre property it plans to redevelop at the intersection of Old Meridian and Main streets.
Hamilton County commuters who ride the Indy Express Bus to and from downtown Indianapolis will have fewer departure options starting Sept. 2. A new schedule was released Monday afternoon.
U/S Sports Advisors said it will spend $1.1 million on an expansion at its Carmel headquarters, increasing employment by 36 jobs by the end of 2018.
Mass Ave retailers are making a return trip to Carmel’s Main Street, and they could stay longer this time.
St. Vincent Heart Center is seeking city permission to build a helipad on church-owned property south of 103rd Street in Carmel, about a half-mile from the specialty hospital.
Some of the events will take place at Scott Jones’ estate at 1150 W. 116th St. The unique setting prompted the founders to name the school Eleven Fifty.
Plans for the former Sunrise Golf Club property along the Monon Greenway in Carmel are coming into focus as the developer asks the city to approve a rezoning request.
Carmel marketing firm Fat Atom’s new toy tends to draw a crowd, giving the agency high hopes for the business its drone could deliver.
Indianapolis’ Square Donuts franchise is growing, with plans to open a Carmel location within weeks. Plus: McDonald’s eyes The Bridges.
The Clay Township Regional Waste District has made a $106,800 offer to King of Glory Church to buy land for the above-ground tank, which would be the size of a one-story McMansion.
The Carmel Redevelopment Commission’s 2014 revenue is estimated to exceed expenses by less than $100,000—a narrow margin for an agency with annual debt payments totaling $17.5 million.
Edward Rose Development Group is asking the city to issue tax-increment financing bonds to help pay for a parking garage and infrastructure in an $80 million project it’s planning.
New financial projections suggest the Carmel Redevelopment Commission will have enough annual revenue to pay its debts for the next 15 years before dipping into reserves. But property taxes from the city’s two-dozen TIF districts could fall more than $1 million short as soon as next year.
Carmel City Council voted 6-0 Monday to terminate a tax abatement for Pharmakon LTC Pharmacy, which relocated its drug-repackaging operation to Noblesville last year.
Is it better than Bub’s? Livelier than Scotty’s? I dodge both questions.
Leo Brown Group opened two facilities in Indianapolis and Avon in June, and has started construction on two similar projects in Ohio and Kentucky.
The $5 Hamilton County commuters pay to ride the Indy Express bus to or from downtown isn’t enough to sustain the route, the operator told Fishers Town Council during a Monday work session.
Systems in Motion LLC, a California-based technology consulting firm, expects to invest up to $5.4 million to lease, renovate and equip its new digs.
Indianapolis-based Liberty Fund plans to build a campus-like headquarters on the Meridian Street office corridor in Carmel—if officials approve a couple of notable exceptions to the city’s development guidelines for the area.
Anacore Inc., which develops software for touch-screen programs, has been acquired by Prysm Inc., a San Jose, Calif.-based company that makes big-screen video walls that use Anacore’s technology.
