Brownsburg-based State Bank names new CEO
Brownsburg-based State Bank has a new CEO following the Dec. 31 retirement of longtime executive Mike Baker.
Carmel
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First ClusterTruck franchise location to open in Hamilton County
“Ghost kitchen” pioneer ClusterTruck, founded in Indianapolis in 2016, initially announced franchise opportunities in March 2024.
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Sale pending for $12M estate of former Colts owner Jim Irsay after 5 days on market
The estate, which features a 24,000-square-foot main residence, a guest house and a cottage, was listed for sale on July 30.
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Plan to refresh Home Place business district in the works
Seven years after the neighborhood lost its long annexation battle with Carmel and was absorbed into the city, the community’s business district along College Avenue is set for a refresh that residents hope will leave it feeling like home.
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Conner Prairie announces long-term partnership with Corteva
Corteva will be the presenting partner of the Food, Farm and Energy Experience, which will be part of an expansion at the museum.
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Articles
Restaurant designer puts stamp in Carmel with upscale Japanese eatery
In November, Kimmie Chang opened Okonori Japanese High Kitchen in The Corner, a new mixed-use development by Indianapolis-based Kite Realty Group at the intersection of East 116th Street and Rangeline Road.
Construction nearly complete on outdoor facilities at Carmel Gateway office park
The owners of central Indiana’s largest office park said they are nearly finished with a second phase of renovations to the campus, which includes new outdoor amenities that will allow workers to hold meetings at a lakeside amphitheater and enjoy recreational activities.
Republic designates longtime executive to be its next CEO
Republic Airways president Matt Koscal has been with the company since 2014, serving in several positions.
2025 Year in Review: Christkindlmarkt drama continues in Carmel
Finkam appointed new members to the board, which approved a revised operating agreement between the nonprofit and the city. But the controversies continued.
3-story condominium building planned alongside Merchants Bank HQ in Carmel
The project site also features a Merchants Bank of Indiana corporate headquarters expansion and a six-story apartment building that is nearing completion.
North of 96th roundup: Construction continuing on Meijer Grocery, Target in Fishers
Multiple retailers, restaurants and other businesses recently opened or announced plans to open in the north suburbs of Indianapolis. Here’s a rundown.
Carmel’s Clay Terrace shopping center acquired by Houston-based firm
The buyer said it will work with the city of Carmel over the coming months to develop a plan for the 493,000-square-foot retail center.
Former Carmel Christkindlmarkt CEO selected to launch holiday market in Ohio suburb
A firm led by Maria Adele Rosenfeld will work to start a Christkindlmarkt in Dublin, Ohio.
Carmel board approves variance for Irsay family ice rink
The indoor ice rink was built in 2018 on the estate of the late Colts owner Jim Irsay, who died in May at age 65.
Republic Airways goes public again with acquisition of Arizona-based Mesa Air Group
The Carmel-based regional airliner had been a publicly traded company until April 2017, when it emerged from Chapter 11 bankruptcy as a privately held company.
Baker Hill opens California office, plans to upgrade Carmel HQ
The Carmel-based fintech company says the Santa Barbara office—the first of several planned over the coming years—allows customers to conveniently connect for training sessions or collaborative work.
Real estate firm announces plan to turn Carmel’s Hamilton Crossing into mixed-use development
GSR Development plans to incorporate residential, retail and Class A office and hotel uses into the redevelopment of Hamilton Crossing, which is the second-largest office park along the North Meridian Corridor.
Mayor Sue Finkam: Property tax reforms in SEA 1 are far from perfect
Hoosiers move to Carmel and other growing Indiana cities not despite our spending but because of it.
North of 96th roundup: Vicious Biscuit among restaurants opening in north suburbs
Multiple retailers, restaurants and other businesses recently opened or announced plans to open in the north suburbs of Indianapolis. Here’s a rundown.
Carmel family restoring pre-Civil War home once marked for destruction
Matt and Erin Uber are restoring Carmel’s second-oldest house, the Wilkinson-Hull House—built in 1834 as a log cabin and expanded in 1853 with a brick, two-story Greek Revival-style addition.
Carmel mayor, councilors aim to get past internal discord
Carmel’s elected leaders are working to mend differences after a contentious budget-writing season during which conflicts arose and disagreements played out in public.
Carmel-based Spektrum Labs secures $10M seed round
Local tech entrepreneur J.J. Thompson, who sold his previous tech firm, Rook Security, in 2019, is at it again with a new startup, Spektrum Labs.
Pulte Homes proposes town house project along U.S. 31 in Carmel
The city is studying the business corridor and considering a future that has dense, mixed-use development of the type that has been successful in Carmel’s Midtown, Arts & Design District and other areas.
Carmel City Council unanimously approves 2026 budget after weeks of debate
City leaders had to manage a $10 million shortfall in revenue as they worked to craft next year’s budget due to the state’s new property tax reform law.