As deadline looms, crews prepare to reopen U.S. 31
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.
Carmel
Articles
Electronic rubber duckie boasts smartphone smarts
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.
Redevelopment panel scraps 2 bids for land in Carmel’s Midtown
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.
Palladium contractors to pay $5.3M to settle suit
The Carmel Redevelopment Commission has agreed to settle a lawsuit over defects in the Palladium’s domed roof.
Settlement pending in multimillion-dollar Palladium litigation
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.
West Clay legal tangle halts land sales
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’s consolidation plan to cost Carmel 400 jobs
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.
Carmel click-bait giant ZergNet nabs $3.2M in private equity
The Internet company that claims Dallas Mavericks owner and “Shark Tank” dealmaker Mark Cuban as its seed funder has added more financial backers.
Carmel’s Center for the Performing Arts ups ambition after stemming red ink
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.
Developer seeks $20M bond to finish Carmel City Center
Suburban sensibilities be darned: Density is not a dirty word when it comes to Carmel City Center. But it can be an expensive one.
Trailside property in Midtown Carmel draws bids
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.
Wellness provider beefing up new Carmel office
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.
Carmel panel accepting bids for ‘beachfront property’ in Midtown
The Carmel Redevelopment Commission is accepting bids for almost five acres of land along the Monon Greenway in the city’s so-called Midtown area, which is being targeted for renewal.
Carmel council OKs $3.8M bond for luxury apartment project
Keystone Realty Group’s $30 million The Olivia on Main apartment project cleared a major final hurdle Monday, when Carmel City Council unanimously agreed to issue $3.8 million in low-interest bonds to help prepare the five-acre site for construction.
Palladium engineer agrees to $800K legal settlement
The Carmel Redevelopment Commission has accepted an $800,000 settlement offer from the engineering firm that reviewed plans for the Palladium concert hall’s roof, inching closer to resolving a years-long legal dispute over its flawed design.
Hiring surges at Carmel financial-services firm
Allied Solutions LLC said it is looking to fill 60 jobs this year and potentially more next year as it extends a growth streak.
Threat-detection tech firm plans to create 84 jobs
Lafayette-based Emerging Threats Pro LLC said it will invest $967,000 to open an outpost in the Parkwood Crossing office park in Carmel.
Meridian hoteliers rally to save I-465 ‘service’ signs
Already stinging from this year’s U.S. 31 closure in Hamilton County, a group of Carmel hoteliers is asking the state for help keeping customers coming their way.
Carmel council: No quick decision on City Center funding
Carmel City Council will take its time considering Pedcor Cos.’ request for public funding for a parking garage and other infrastructure needed to finish the City Center development downtown.
Keystone offers to forgive CRC obligations to win bond
Keystone Realty is offering to let the cash-strapped Carmel Redevelopment Commission off the hook for $250K in promises if city officials approve a $3.8 million bond issue to help get its Olivia on Main project off the ground.