Articles

Hot Box coming to Carmel

The Hot Box pizza chain has reached a deal with a pair of veteran local restaurateurs to open two new locations in Carmel. The first, scheduled to open in January, will…

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Brainard defends Keystone project

Carmel Mayor James Brainard is trying to convince his city to pay up to $52 million more than the original amount allocated
for a roundabout interchange project designed to ease congestion on Keystone Avenue.

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IT firm rakes in VC cash: Interactions Corp. has raised $35M since 2002 inception

A fast-growing Carmel startup is using a blend of innovative software and human guides to answer questions over the phone.
The company could have located on either coast, but instead chose Carmel’s Clay Terrace. And the company, Interactions Corp.,
has raised more than twice as much money as ChaCha Search Inc., a higher-profile startup in a similar business that’s also
housed in Clay Terrace.

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Pizza chain growing & more

Monical’s Pizza plans to open new restaurants in Carmel, Fishers and Indianapolis later this year. The Illinois-based chain, known for its thin-crust pies, already has six stores in Indiana: in Avon, Lafayette,…

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Housing slump puts Gramercy project in Carmel on hold:

The deteriorating housing market and Carmel’s plans to build more roundabouts have led The Buckingham Cos. to put the brakes on its ambitious Gramercy development project. The $500 million project set to begin in the spring now has no timetable. But when construction ultimately commences, it likely will begin with the commercial and retail portions rather than the home-building portion, as was originally planned, said Clyde Lee, a spokesman for the local developer. “They have revised the plans,” Lee said….

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Latest real estate headlines

It’s a busy week for real estate news. Here are a few headlines:

Circuit City closes Clay Terrace store
Carmel’s high-end lifestyle center Clay Terrace has an empty big box. Virginia-based Circuit…

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Who wants a piece?

A Michigan-based bakery and cafe concept plans to open as many as six new restaurants in Indianapolis, beginning with a location at U.S. 31 and Stop 11 Road. Grand Traverse…

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Yats, Aldi and another steakhouse

Montana Mike’s, a Kansas-based steakhouse chain, hopes to claim Indianapolis as a lucrative new market. The chain wants to open in Greenwood first, said Madison Jobs, Montana Mike’s vice president of franchise…

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Clarian hospitals in Avon, Carmel turn corner after big losses

Clarian Health officials say the only way they can keep operating their medical centers downtown is to support them with profitable
suburban hospitals. So far, it seems Clarian is on the right track. As Clarian moves forward with a new, $180 million hospital
in Fishers, its two existing suburban hospitals are starting to make money.

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Antiques mall expanding

Midland Arts & Antiques Market plans to open a 12,000-square-foot location in Carmel off of 126th Street between Meridian Street and Keystone Avenue. Midland’s flagship store occupies an historic former door factory and…

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No more Nothing But Noodles

Arizona-based Nothing But Noodles has closed its local stores on 96th Street and near the IUPUI campus. No one answered the phone at either of the stores or at the Indianapolis corporate…

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