City officials have long sought to diversify housing options by introducing for-sale condominiums and town houses into a market saturated by hundreds of high-end apartments.
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Old Town’s sister companies are continuing to develop projects in Carmel, working on a large mixed-use development that will help transform downtown Westfield, and expanding their reach into West Lafayette, where the company is part of a $1 billion project being constructed next to Purdue University’s campus.
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CEO Jim Hallett predicts that 2019 will be the peak year for brick-and-mortar auto auction volumes, but company officials aren’t sitting around wringing their hands and wishing for the past.
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Homeowners in Johnson Addition, which was built in the late 1950s and early 1960s, say their neighborhood is charming and one of the few affordable neighborhoods left near Carmel’s downtown—and they want it to stay that way.
Read MoreThe Indianapolis metro area’s growth is expected to be slightly better than statewide averages, but both local and state growth will be lower than the 2% expected nationally, the forecast says.
The closure leaves Minnesota-based Granite City with only one Indiana location, in Fort Wayne. The company has struggled with financial problems in recent years, and has shuttered numerous locations in recent months.
Bub’s Cafe owner Matt Frey said the eatery will close Wednesday. He and his wife, Rachel, own the restaurant and the building that houses it.
Carmel Mayor Jim Brainard and Nancy Heck, director of community relations and economic development, requested in September that the city’s 2020 budget include $425,000 to plan for the festival, which would feature music from the Carmel Symphony Orchestra and major studio movie premieres.
The Center for the Performing Art in Carmel encompasses the Palladium, The Tarkington and The Studio Theater, all in the city’s central core.
The owner of longstanding local retailer Keen Children’s Shoes says she’s closing the store because it has become too difficult to compete in a changing retail landscape.
Founded in 1993, Orchard has grown to become the seventh-largest software development firm in the Indianapolis area, with 275 employees and $40 million in revenue for 2018.
Indianapolis-based developer Kite Realty Group Trust is asking the cities of Carmel and Indianapolis to ante up incentives for a trio of mixed-use projects in its pipeline.
City planners say the higher fee would help pay for future land acquisition, a park expansion and improvements along the White River. Builders are concerned about the added cost.
Carmel-based Protective Insurance Corp. has hired two company outsiders to fill its chief financial officer and chief information officer roles, the company announced Monday.
The proposed local income tax increase would generate $16 million of new funding for the county’s 911 center.
The lawsuit is part of an ongoing battle Carmel is having with Forrest and Charlotte Lucas, who have hosted parties and charitable events regularly since 2011 at their massive estate at 1143 W. 116th St.
Three well-known local companies plan to move into a four-story, 100,000-square-foot office building called the Agora. Construction of the building is expected to be complete next summer.
The lawsuit, filed in U.S. District Court in Indianapolis, is the first such federal lawsuit in the state against Juul, a company battling numerous complaints over its products.
The ordinance aims to control a longtime city tradition that has grown out of hand, city councilors said.
The sign installed along U.S. 31 near 146th Street in Carmel says “Westfield” on both the north and south sides of the sign, even though drivers heading south are traveling into Carmel.
Hollingsworth & Zivitz has merged with Roberts Means LLC to form Hollingsworth Roberts Means, the new firm announced Tuesday.
At least four restaurants in the area have blamed their closings on the U.S. 31 project. Carmel says other nearby restaurants are doing just fine.
Speculation about where the first local Wahlburgers would open has been circulating since last August, when IBJ first reported that Wahlburgers, the restaurant concept by actors Mark and Donnie Wahlberg and their brother Paul, was planning to open an Indianapolis-area location.
The Barrington, which began hemorrhaging money soon after opening in 2013, is being acquired by Indianapolis-based Prairie Landing Community Inc. for $61 million.