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Carmel council OKs $3.8M bond for luxury apartment project

October 21, 2014

Keystone Realty Group’s $30 million The Olivia on Main apartment project cleared a major final hurdle Monday, when Carmel City Council unanimously agreed to issue $3.8 million in low-interest bonds to help prepare the five-acre site for construction.

Hiring surges at Carmel financial-services firm

October 17, 2014

Allied Solutions LLC said it is looking to fill 60 jobs this year and potentially more next year as it extends a growth streak.

Carmel council: No quick decision on City Center funding

October 9, 2014

Carmel City Council will take its time considering Pedcor Cos.’ request for public funding for a parking garage and other infrastructure needed to finish the City Center development downtown.

Former Shapiro’s in Carmel sells in $2.1M cash-debt deal

October 2, 2014

A year after rejecting a pair of offers for the former Shapiro’s Delicatessen on Range Line Road, the Carmel Redevelopment Commission on Wednesday accepted a $2.1 million bid from principal City Center developer Pedcor Investments LLC.

Carmel clears path for Monon Lake housing project

September 16, 2014

With neighbors pleading for more time, Carmel City Council on Monday approved a year-old rezoning request that clears the way for M/I Homes’ planned Monon Lake development just north of Interstate 465.

Carmel council reluctantly OKs commuter bus subsidy

September 16, 2014

Carmel City Council voted 7-0 Monday to subsidize the Indy Express commuter bus for the rest of this year, but members made it clear their support was tenuous at best.

Carmel developer pitching $150M Midtown plan

September 15, 2014

Carmel-based Old Town Development LLC expects to file plans this week for a $150 million redevelopment project on 11 acres in the suburban community’s blighted Midtown area, between Carmel City Center and the Arts & Design District near the Monon Greenway.

More Carmel apartments on the drawing board

September 8, 2014

An affiliate of Butler Automotive Group is asking Carmel for a zoning change that would clear the way for a 235-unit apartment complex just north of an under-construction Hyundai dealership at 96th Street and Randall Drive.

Simon estate in Carmel hits market for $25 million

September 2, 2014

The 106-acre property includes a 50,000-square-foot mansion and private, 18-hole golf course. Mel Simon and his wife, Bren, had been working on disposing of the home even before the billionaire’s death in September 2009.

Keystone seeks $3.8M subsidy for Carmel project

August 29, 2014

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.

CIRTA unveils commuter-bus schedule for Fishers, Carmel

August 25, 2014

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.

Carmel sports marketing firm plans headquarters expansion

August 19, 2014

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 merchants’ pop-up shop reopening in Carmel

August 12, 2014

Mass Ave retailers are making a return trip to Carmel’s Main Street, and they could stay longer this time.

St. Vincent Heart Center seeks to build helipad in Carmel

August 8, 2014

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.

ChaCha CEO Jones launches app school in Carmel

August 5, 2014

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.

Developer pitches plans for former Carmel golf course

August 1, 2014

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 marketer deploys flying camera

July 30, 2014

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.

Square Donuts signs lease in Carmel

July 28, 2014

Indianapolis’ Square Donuts franchise is growing, with plans to open a Carmel location within weeks. Plus: McDonald’s eyes The Bridges.

Carmel residents balk at sewer-overflow tank planned next to church

July 25, 2014

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.

Carmel budget hawks want harder line on deals with developers

July 24, 2014

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.

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