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Carmel unveils plans for $80M performing arts center: Designs include major orchestra hall laden with state-of-art acoustical design features, plus 500-seat theater

March 26, 2007

The seats in the new Carmel Performing Arts Center will be designed so music will be acoustically unaffected whether people are sitting in them or not. The walls and jutting upper-level balconies will be curved so sound waves wrap around the hall, preventing sound from becoming focused in a single spot. A suspended reflective canopy will be raised or lowered depending on the number and types of instruments being played so reverberation time stays perfect at all times, thus doing…

Carmel medical device startup poised to expand

March 16, 2007

Oxford BioSignals Medical is expected to announce an expansion of its Carmel headquarters this afternoon, according to Indiana Economic Development Corp. Oxford has seven employees. Formed in 2000, Oxford BioSignals began its life when research scientists in the United Kingdom developed a new system to electronically monitor the performance of aircraft engines. By continuously monitoring […]

Carmel company helps clients determine next big thing

December 25, 2006

The employees of production-innovation consultant Insight2 interview customers, but they also watch and videotape them using
various products. That footage then is dissected to see how consumers deal with problems they encounter. More times than not,
the result is a new product intended to satisfy needs consumers didn’t even know they had.

Smaller sales keep office real estate market humming: A $38 million deal for 3-building complex in Carmel stands out in 2006, but it wouldn’t have last year

November 13, 2006

A flurry of blockbuster office-building sales in central Indiana last year has led to fewer mega-deals in 2006. A $38 million sale of a Carmel office complex on Nov. 1, for example, was among the top five such transactions so far this year, but it paled in comparison to the nine-figure deals that won headlines in 2005. That’s to be expected, real estate observers say, since so much office inventory changed hands recently. And given the new persquare-foot highs set…

Ex-Lilly execs take on diabetes with Carmel startup

November 6, 2006

Four former top scientists at Eli Lilly and Co. have formed a Carmel-based company to develop diabetes therapies–a venture observers say has the potential to become the kind of blockbuster success BioCrossroads was built to stimulate.

Cook-off leaves bad taste in mouths of vendors: Host of Carmel event dissolves, owing $30,000-plus

September 4, 2006

A failed barbecue and chili cook-off backed in part by owners of locally based Dick’s Bodacious Bar-B-Q has left unpaid vendors hot under the collar. Brothers Richard and David Allen, who franchise the Dick’s concept of serving smoked, Texas-style meat, are among six partners in Bodacious Blues-B-Q LLC, which staged the May event in Carmel in 2005 and 2006. The competition racked up more than $30,000 in losses, prompting organizers to drop plans for future events and begin the process…

CHRIS KATTERJOHN Commentary: Carmel’s newest development craze?

August 21, 2006

What do you do if you own 40 acres smack dab in the middle of one of the hottest sections of Carmel; you are literally surrounded by cookiecutter subdivisions; and developers are swarming you with offers to buy your land at $100,000 an acre? If you’re Don and Judy Carter-Evans, you say “no thank you” and work with the Indiana Department of Natural Resources to have threequarters of the acreage designated a Classified Wildlife Habitat. The Carter-Evans property is on…

Carmel firm grows up in emerging market: BlueBean acquisition makes it one-stop RFID shop

July 3, 2006

A small Indiana firm is looking to become a big player in the emerging radio-frequency-identification market. Carmel-based BlueBean LLC is one of a small but growing number of firms nationally that provide consulting services to companies trying to set up systems using radio frequency identification-commonly called RFID-tags and readers. BlueBean in April acquired Mishawakabased www.rfidsupplychain.com, which sells RFID hardware and software online. The acquisition also provided BlueBean rights to a bevy of other domain names, including www.rfidhealthcare.com, www.rfidpharma.comand www.rfidfood.com. The…

Diving for Dollars: Carmel water park looks to make splash by soaking up naming-rights deals

June 12, 2006

Carmel water park looks to make splash by soaking up naming-rights deals Carmel Clay Parks and Recreation has a novel business plan for the $55 million Monon Center at Central Park project that includes selling sponsorships and naming rights for its 10-acre water park and other attractions, possibly even for the entire venue. The mammoth development-which will feature meeting space along with sports facilities, including the water park and fishing lagoons-is under construction and won’t open for nine months. But the…

Pedcor Development plans $14 million design center: Carmel retail facility aimed at builders, homeowners

May 22, 2006

You can add a massive retail home design and decor retail center to Pedcor Development Co.’s lengthy project list in Carmel’s downtown district. Pedcor, which is responsible for much of the development going on in downtown Carmel these days, is expected to break ground this summer on a $14 million Indiana Design Center, an 85,000-square-foot, two-story, one-stop shopping spot for homeowners and builders. An assortment of 20 to 25 retailers that sell everything from bathroom faucets to antiques is expected…

PAN deal lucrative for owners: Small number of investors share $75 million bounty from Carmel IT firm’s sale

April 17, 2006

It’s the scenario entrepreneurs dream about. After just over five years in business, the founders of Carmel-based Performance Assessment Network Inc. have sold their company to a publicly traded St. Louis firm for $75 million in cash. Since PAN had only a handful of investors, its backers’ profits are enormous. What’s more, they can enjoy their payday with a clear conscience. Although PAN’s acquirer is headquartered outside state lines, TALX Corp. plans to keep growing the operation here. PAN’s executives…

Atlas draws Fresh interest: Upscale grocery chain with a store in Carmel considers local expansion

April 10, 2006

North Carolina-based The Fresh Market Inc. has confirmed it’s interested in the former Atlas Supermarket site at 54th Street and College Avenue. “We are looking at expanding in that area and we’re looking at a lot of sites,” said spokesman Eric Blaesing. “[The Atlas site] is one of them.” He added that nothing is definite and “for every 100 sites you look at, you end up with one of them.” N e i g h b o r s hope…

States demand One Call answers: Carmel telephone firm ‘out of control’

March 27, 2006

A Carmel long-distance and operator service company has a lot to answer for these days. After crossing wires with Indiana regulators and with the Federal Communications Commission last year, One Call Communications now is being accused by Iowa and Missouri regulators of putting bogus charges on phone bills and then harassing people to pay. Missouri Attorney General Jay Nixon this month filed a lawsuit alleging the privately held company violated state and federal consumer protection laws. Nixon said the company…

Walker, Aprimo kick-start 2006 office leasing: Meridian corridor in Carmel remains hot spot

March 6, 2006

A little more than two months into the new year, deals destined to be among the largest office leases of 2006 are coming together on the far-north side. Two big tenants are headed for speculative office buildings under construction by Duke Realty Corp. and Lauth Property Group Inc. Software maker Aprimo Inc. will nearly triple its office space at Duke’s Parkwood Crossing when it moves into 42,400 square feet at Nine Parkwood at 96th Street and College Avenue. Aprimo, housed…

Livable cities? Carmel ‘gets it’: Gramercy, other projects will keep city on a roll

February 27, 2006

Carmel housewife jokes went out of style years ago, but Indy’s wealthy neighbor to the north still takes plenty of heat for being uptight and plain vanilla. Too bad, because Carmel’s recent past demonstrates it’s no soulless suburb. Buckingham Properties’ proposed Gramercy development is the latest sign that Carmel’s leadership knows a thing or two about creating a livable city-even if some of its residents don’t. The Gramercy project, profiled in last week’s IBJ, drew more opposition than support at…

Buckingham makes big plans for Carmel: Developer awaits OK on 116-acre urbanist development

February 20, 2006

The makeover of midtown Carmel, driven by the ambitious City Center master plan, could get a boost from a nearby development that could rival the project in scope. Local real-estate developer Buckingham Properties will present its proposal to the Carmel Plan Commission Feb. 21 to transform the 1960s-era Mohawk Hills apartment complex and its golf course into a modern urbanist neighborhood. The development, called Gramercy, could take a decade and hundreds of millions of dollars to complete. The 116-acre tract…

Trying to make wastewater less wasteful: Carmel startup sees big potential in new treatment

January 16, 2006

The yellow-hued liquid in a jar that business partners Bud Harmon and Timothy Ortman tote with them to tout their venture often is mistaken for urine. But the pair is pretty sure the chemical compound, which treats wastewater at food-processing plants, carries much more promise. A second-place finish in a November business plan competition hosted by Purdue University helped bolster their belief. Harmon, a past chairman of Purdue’s Department of Animal Sciences, and Ortman, an aerospace engineer who cut his…

A fuzzy picture for Thomson-again: French parent puts consumer unit in play, but will keep part of 700-person Carmel work force

December 19, 2005

Engineering and research-anddevelopment jobs in Carmel likely will be spared the uncertainty of Thomson’s plans to sell outright or to find partners for its consumer products and accessories business. The French company that owns the RCA brand and employs 700 in Carmel said last week that it will exit the consumer end of the electronics realm in 2006. But Thomson also said it has a number of engineers and related personnel in Carmel that would fit the company’s focus on…

Conseco could land upgrade by midyear: Analysts see positive signs for Carmel insurer

December 19, 2005

Conseco Inc. by mid-2006 may earn a coveted ratings upgrade from A.M. Best Co., an achievement likely to bolster the Carmel-based insurer’s sales, analysts said. Best probably will dole out the financial-strength upgrade in the second quarter, after the New Jersey-based firm reviews Conseco’s final 2005 financial results, said Jukka Lipponen, a Connecticut-based analyst for Keefe Bruyette & Woods. “We believe as management continues to deliver on its expectations and once Conseco receives the A.M. Best upgrade … investor patience…

Water treaty on tap: Mediated agreement calls for Carmel to pay Indy $36.2M

December 5, 2005

Carmel and its big-city neighbor to the south have a truce in hand to end a 3-1/2-year war over what Carmel will pay to buy Indianapolis-owned water distribution lines serving 6,000 customers in the Hamilton County community. The proposed purchase price: $36.2 million, according to documents recently filed with state regulators. Carmel officials say the deal eventually should improve water pressure and lower fire insurance rates, and make it easier to plan for growth. It also would give affected residents…

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People

Kurt Beier

Articles

Carmel unveils plans for $80M performing arts center: Designs include major orchestra hall laden with state-of-art acoustical design features, plus 500-seat theater

Carmel medical device startup poised to expand

Carmel company helps clients determine next big thing

Smaller sales keep office real estate market humming: A $38 million deal for 3-building complex in Carmel stands out in 2006, but it wouldn’t have last year

Ex-Lilly execs take on diabetes with Carmel startup

Cook-off leaves bad taste in mouths of vendors: Host of Carmel event dissolves, owing $30,000-plus

CHRIS KATTERJOHN Commentary: Carmel’s newest development craze?

Carmel firm grows up in emerging market: BlueBean acquisition makes it one-stop RFID shop

Diving for Dollars: Carmel water park looks to make splash by soaking up naming-rights deals

Pedcor Development plans $14 million design center: Carmel retail facility aimed at builders, homeowners

PAN deal lucrative for owners: Small number of investors share $75 million bounty from Carmel IT firm’s sale

Atlas draws Fresh interest: Upscale grocery chain with a store in Carmel considers local expansion

States demand One Call answers: Carmel telephone firm ‘out of control’

Walker, Aprimo kick-start 2006 office leasing: Meridian corridor in Carmel remains hot spot

Livable cities? Carmel ‘gets it’: Gramercy, other projects will keep city on a roll

Buckingham makes big plans for Carmel: Developer awaits OK on 116-acre urbanist development

Trying to make wastewater less wasteful: Carmel startup sees big potential in new treatment

A fuzzy picture for Thomson-again: French parent puts consumer unit in play, but will keep part of 700-person Carmel work force

Conseco could land upgrade by midyear: Analysts see positive signs for Carmel insurer

Water treaty on tap: Mediated agreement calls for Carmel to pay Indy $36.2M