The Carmel City Council on Monday voted to have its four-person finance committee look into what led to $18.5 million in cost overruns on the Hotel Carmichael project. It rejected a proposal have the entire council involved in the review.
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The cost of the 122-room, city-backed hotel has swelled to $58.5 million, up from $40 million when the Carmel City Council green-lighted it two years ago. Some councilors have called for an audit to dig into the details.
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Visit Hamilton County launched a feasibility study Thursday to determine the best way to align the county’s River Road Park, Carmel’s River Heritage Park and Conner Prairie as a river-centric district.
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The CEO of a fast-casual restaurant that offers customizable salads said there’s potential for 20 franchised locations in central Indiana.
Read MoreCarmel-based auto finance company Coastal Credit LLC plans to end operations and terminate all of its employees by the middle of this year, the company said in a letter to the state.
Gregory Skelton, owner of Skelton Equine Sports Medicine LLC, was charged in a conspiracy that involved creating and giving performance-enhancing drugs to racehorses, leading to the death of at least one high-profile horse.
Washington Prime Group Inc. has filed a request with the city of Carmel to rezone the 577,614-square-foot shopping center at West 146th Street and U.S. 31 to allow for a variety of new uses.
Shepherd Financial LLC is planning to grow its workforce by 50 employees over the next five years, tripling its statewide staff, with a majority of those hires in Carmel.
Tuong Quoc Ho, 32, conducted “an elaborate scheme to defraud businesses, consumers, suppliers, financial institutions, credit card holders, credit card companies, and identity theft victims for personal monetary gain,” U.S. Attorney Josh Minkler’s office said in a statement.
The victim, now 18, filed a federal lawsuit Wednesday in U.S. District Court in Indianapolis accusing Carmel Clay Schools and the district’s high school swim coach, Chris Plumb, of allowing her sexual exploitation to continue despite warnings.
The Carmel Plan Commission gave a favorable recommendation Tuesday for the City Council to rezone 14 acres at the southeast corner of Meridian Street and Carmel Drive to a less restrictive designation.
The latest in a series of art installations in Carmel’s roundabouts has reinvigorated the debate over the city’s public art—and whether residents should have a direct say in its procurement.
Federal investigators say the woman admitted the funds went toward the purchase of a $605,000 home in Anderson, and that she attempted to evade law enforcement when she learned of the investigation.
The company said it expects to reduce its annual spending by about $22 million by the end of 2020 as a result, investing about half of that savings into various technology and growth initiatives.
Ian Hamilton launched Atlas Energy Systems LLC in 2013, repurposing the space-race technology into thermionic energy converters.
Carmel’s proposed film and music festival didn’t receive as much funding as organizers hoped for, but dates are set and a not-for-profit has been formed to run it.
Ann Bingman, director of internal controls for the Carmel Clerk-Treasurer’s Office, will become the city’s controller starting Jan. 1. Carmel Mayor Jim Brainard announced the appointment Monday.
The founders and owners said the restaurant in Carmel’s Arts & Design District will be replaced by a family-owned restaurant that will serve Mediterranean cuisine.
The Carmel City Council this week approved building manager Keystone Realty Group’s application to use the city’s final available new three-way liquor license for a restaurant at 110 W. Main St.
The chain, which specializes in organic and natural food, plans to close its stores in Carmel, Noblesville and Greenwood on Jan. 11.
Carmel’s City Council members decided Monday to rework a proposed compromise between early-bird parade enthusiasts and businesses that are tired of dealing with the unintended impacts of their clutter.
The 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.
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.
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.
