Three of the Indianapolis area’s highest-profile office parks, including the two largest in the North Meridian submarket, are expected to fetch as much as half a billion dollars when they hit the market next month.
Belden, who served on the Hamilton County Council for 23 years, coached football at Carmel, Westfield and Noblesville high schools and won four state championships.
Officials are laying the groundwork to change the historic status of hundreds of buildings, eliminate industrial use from certain areas, and allow new buildings to tower as high as 75 feet.
Midcontinent Independent System Operator Inc. plans to add 84 employees by 2020 after reconfiguring its 133,409-square-foot facility at 720 City Center Drive to increase efficiency.
A family dispute over the estate of a well-known heart surgeon and developer in Carmel could delay progress on multiple mixed-use real estate projects in Hamilton and Boone counties.
The city is arguing that if the Indiana Court of Appeals ruling remains void, there could be “immediate and severe consequences.”
The bonds will fund road and sewer improvements, redevelopment efforts and land acquisition.
Carmel-based Stratice Healthcare LLC wants to take the concept of electronic prescribing for drugs and extend it to most of the rest of the health care system.
Allied Solutions LLC, a Carmel-based firm that serves the financial sector, is planning construction of a five-story building in the Midtown area, more than doubling the size of its existing headquarters.
The organization ended fiscal 2015 with a surplus of $260,445 as revenue from building and room rentals and individual donations increased.
The project would add a second floor to the building on East 96th Street, increase the size of the service department and create a mezzanine for a “state-of-the-art” car wash.
A flurry of ordinances were introduced at the more than 5 hour long council meeting Monday night, with multiple bonds requested to fund road and sewer infrastructure improvements, redevelopment efforts and land acquisition.
Carmel Mayor Jim Brainard wasted no time Monday night upgrading the city to second-class status with the approval of the newly elected Carmel City Council.
Carmel Mayor Jim Brainard traveled out of state using public money nearly every month this year. His trips aren’t lavish, but he was gone on city business a total of 79 days, raising questions about both the hard and soft costs.
Indiana Members Credit Union is hoping to open a branch in the 18,000-square-foot, two-story brick building on Old Meridian Street in Carmel.
The list of projects slated over three years includes about 30 more roundabouts, other street improvements, and land acquisition. It would lead to property tax increases for most residents.
The $350 million project included upgrading 13 miles to interstate standards from Interstate 465 to State Road 38 with 49 new bridges and 12 new interchanges through Carmel and Westfield.
Carmel City Council President Rick Sharp said he was under the impression that the city only needed to borrow $2.9 million to fix a budget shortfall, and wasn’t told the actual amount until after the council voted to approve the deal.
The agreement between the council and the Carmel Redevelopment Commission gives the CRC the authority to use $2.9 million in its supplemental reserve fund to make a bond payment for the city.
Carmel is short of revenue this year, prompting the city to look for other ways to pay claims, debt service and payroll for the next couple of weeks.
