OpenLane plans to expand Canadian presence with $95M acquisition
Carmel-based OpenLane announced Monday that it plans to acquire Manheim Canada from Atlanta-based Cox Automotive in a $95 million deal that’s expected to close within 30 days.
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Ash & Elm Cider Co. planning expansion into Carmel with restaurant, tasting room
Ash & Elm’s planned 3,500-square-foot location, part of a multi-phase development by Carmel-based Old Town Cos., will be the company’s second restaurant and tasting room when it opens in spring 2024.
Alcohol-free businesses provide the drinks without the hangover
Booze-free bars and nonalcoholic retail bottle shops are found mostly on the coasts, but a handful have taken root in the Midwest.
Former Indy-area financial planner to plead guilty in $4.7M fraud case
According to the plea agreement, Christopher Turean spent his wealthy client’s money on gambling and paying down a home equity loan.
Developers planning $450M in apartments, townhouses, condos, retail in Carmel over two projects
The two Indianapolis-based developers have requested the city issue a total of $76 million in developer-backed bonds to help cover the cost of design and construction of the projects.
Carmel City Council mulling 20 mph roundabout speed limit
City Council President Jeff Worrell said Monday that a ride with Carmel traffic officers last week convinced him it would be possible to enforce a roundabout speed limit.
North of 96th roundup: New hotel, Bar Louie in the works; Costco sets opening date
Multiple retailers, restaurants and other businesses have recently opened or are planning new locations in the north suburbs of Indianapolis. Here’s a rundown:
Carmel sanitizing device maker 3Oe Scientific files for bankruptcy
The business makes a hand-sanitizing device called Iggy that kills pathogens with ozone-infused water instead of soap or other chemicals.
Carmel condo at top of City Center could fetch up to $7.5M
The SkyPalace has five bedrooms, a room with three bunk beds, a rooftop pool, eight parking spots, three private entrances, two hidden passages, a safe room, a sauna, three fire pits, three outdoor grilling areas and a bar.
Northern suburban city and town councils set—and largely Republican—after Tuesday’s election
Several councils will have new looks come January—including in Westfield, where every member of the council will be new.
ELECTION UPDATES: Whitfield declares victory in Lawrence; Hogsett winning big; Finkam wins in Carmel
Results have begun to roll in for the Carmel mayor’s race. Meanwhile, supporters of Indianapolis Mayor Joe Hogsett and other Democratic city-county candidates are gathering at the Kountry Kitchen soul food restaurant to await the vote tallies. The Heirloom at N.K. Hurst is the site of the Republican gathering for mayoral candidate Jefferson Shreve and his supporters.
Republican Sue Finkam wins race to succeed Brainard as Carmel’s mayor
With a majority of precincts reporting, Finkam was leading with 54% of the vote and was preparing to take the stage at 8:30 p.m. to declare victory.
Election primer: A roundup of IBJ’s municipal campaign coverage
Early voting is underway for Indiana’s Nov. 7 municipal elections. Here’s a roundup of IBJ’s campaign coverage for Indianapolis and the northern suburbs to help you get ready to cast your vote.
Allegion Ventures makes $20M investment into California security-tech startup
The investment sets the stage for collaboration between Allegion and Ambient.ai, whose technology helps customers identify and prevent potential security incidents.
High-end Proscenium apartment property in Carmel changes hands
A 196-unit mixed-use apartment and retail development in Carmel has been sold in a deal brokers called one of the most notable—and complex—sales of the year in the metropolitan area.
Syra Health rings Nasdaq opening bell; shares slide to new low
The company was formed only three years ago and went public on Sept. 29 in an initial public offering that raised $5.3 million after expenses.
Carmel Mayor Brainard endorses Sue Finkam in election
Finkam is competing against Democrat Miles Nelson in Carmel’s mayoral election. The winner in the election on Nov. 7 will take office Jan. 1.
Carmel Christkindlmarkt announces new food, events for 2023
Opening day for the German-themed Christmas festival and the adjoining public skating at the Ice at Carter Green is set for Nov. 18.
Moms for Liberty unexpectedly finds itself at center of Carmel mayoral race
The polarizing nature of Moms for Liberty, which has gained name recognition for its push to pack school boards with its endorsements, has spurred some left-leaning political candidates to capitalize on opposition to the group and stir voters against their conservative opponents.
Carmel City Council OK’s Conner Prairie’s expansion west of White River
The council voted 9-0 to rezone 260 acres Fishers-based Conner Prairie owns in Carmel, south of East 146th Street and east of River Road.