Pedcor Cos. pulled the trigger on the final phase of construction at the ambitious Carmel City Center redevelopment after city leaders OK’d public funding for a parking garage and other infrastructure.
A divided Carmel City Council on Monday approved a $20 million bond issue to build a parking garage and other infrastructure at Carmel City Center, clearing the way for the final phase of construction at the ambitious mixed-use project.
Phoenix-based Children’s Learning Adventure plans bring its state-of-the-art child-care concept to Indiana, proposing an $8 million facility at a prominent corner in Carmel.
Carmel City Council’s finance committee is supporting a $20 million bond issue to finish the ambitious City Center mixed-use development, but not before persuading developer Pedcor Cos. to strengthen an already-unusual array of project guarantees.
Entrepreneur Grant Jenkins’ PowerBin can hold three times the amount of the average public trash bin, and can transmit data to municipal and other managers about when it’s full. It can also serve as a Wi-Fi hot spot, relay information about reported crimes, and display advertisements.
Carmel Mayor Jim Brainard on plans to discontinue commuter-bus service to downtown Indianapolis: Disappointed, but city “would support future efforts to bring a strong public transportation system to the Indianapolis area.”
CNO Financial Group looks nothing like it did five years ago. CNO stock recently traded around $17.50 a share, led in part by five consecutive years of profit. It has sold or spun off the last of its risky books of business acquired during go-go years, and it’s on the cusp of a significant bond-rating milestone.
A stretch of U.S. 31 through the northern suburbs of Indianapolis reopened to traffic Tuesday after being closed since April.
Crews are scrambling to reopen U.S 31 in Carmel by Thursday—giving beleaguered business owners in the construction zone another reason to be thankful this week.
Two Carmel-based entrepreneurs created Edwin the Duck, which they bill as the world’s first interactive rubber duck. The prototype has already piqued the interest of Amazon, Bed Bath & Beyond and other retailers, the inventors said.
The Carmel Redevelopment Commission will wait until next year to sell five acres of property along the Monon Greenway in Carmel’s Midtown area, voting Wednesday to reject both bids submitted in response to an October request for proposals.
The Carmel Redevelopment Commission has agreed to settle a lawsuit over defects in the Palladium’s domed roof.
The defendants in a multimillion-dollar legal dispute over construction defects at Carmel’s tony Palladium concert hall have agreed to settle the dispute, Hamilton Superior Court records show.
Last year’s residential building boom in the Village of West Clay has proven to be short-lived, as an ongoing dispute between the developer and its lenders halted land sales in the upscale Carmel neighborhood.
Bridgestone Americas Inc. plans to relocate three business units, including Firestone Building Products and Firestone Industrial Products in Carmel, into a new headquarters in Nashville, Tennessee.
The Internet company that claims Dallas Mavericks owner and “Shark Tank” dealmaker Mark Cuban as its seed funder has added more financial backers.
Nearly four years after the Center for the Performing Arts’ Carmel high-profile debut, its second full-time CEO says the startup has stabilized operations and is ready to grow its eclectic mix of programming.
Suburban sensibilities be darned: Density is not a dirty word when it comes to Carmel City Center. But it can be an expensive one.
Two development teams submitted bids for five acres of publicly owned land along the Monon Greenway in Carmel’s Midtown area, but their plans for the blighted property remain under wraps for now.
A year after announcing plans to move its headquarters from San Diego to Carmel, wellness provider American Specialty Health has about 170 employees working in central Indiana—including 60 who relocated from other offices. It plans to hire another 30 this year and up to 250 in 2015.
