Carmel-based Spektrum Labs secures $10M seed round
Local tech entrepreneur J.J. Thompson, who sold his previous tech firm, Rook Security, in 2019, is at it again with a new startup, Spektrum Labs.
North of 96th
Articles
Westfield expecting more large developments after new comprehensive plan
As Westfield’s leaders review a proposal for a “monster” 715-acre residential development, Mayor Scott Willis expects developers to pitch more large, master-planned projects.
Customs office planned at Indianapolis Executive Airport in Zionsville
Having a U.S. Customs and Border Protection office would allow international flights to land at the airport, which has a 7,001-foot runway and is the fifth-busiest non-towered general aviation airport for business traffic in the United States.
New-home applications fall for 2nd month in row in central Indiana
Only three of the area’s nine counties saw increases in filings, including Hamilton County, which broke a six-month streak of declines.
Pulte Homes proposes town house project along U.S. 31 in Carmel
The city is studying the business corridor and considering a future that has dense, mixed-use development of the type that has been successful in Carmel’s Midtown, Arts & Design District and other areas.
Fishers-based Arrive AI sues former business consultant it alleges stole trade secrets
In its complaint, the company accuses the former consultant of interfering with its business opportunities, including what is described as a potentially multibillion-dollar deal with a large logistics company.
Patch Development looking to develop 220 acres along S.R. 39 in Lebanon
Developers say the project could include housing and commercial and retail space, as well as businesses that would support the LEAP Research and Innovation District.
Indy Fuel, Fishers Freight executive Larry McQueary to step down
McQueary has been president of the Hallett Sports & Entertainment-owned Indy Fuel hockey team since 2018 and became president of the Fishers Freight indoor football team when it was founded in 2024.
Henke Development proposal for 360 homes gets OK from Zionsville planning board
The Zionsville-based developer has designed some of the largest residential, recreational and commercial developments in Boone and Hamilton counties.
Carmel City Council unanimously approves 2026 budget after weeks of debate
City leaders had to manage a $10 million shortfall in revenue as they worked to craft next year’s budget due to the state’s new property tax reform law.
97-acre Carmel property owned by Jim Irsay sold to major restaurant owner
It is among several residential properties in Indiana that were owned by Irsay to hit the market since his death earlier this year.
Apple inks 5-year US broadcasting deal with Formula 1
The deal with Apple was praised by Dan Towriss, CEO of Indianapolis-based TWG Motorsports and the Cadillac Formula 1 team that will debut next season.
Carmel tech firm OneCause acquired by Texas-based company
Pre-acquisition, OneCause had just over 200 employees, 119 based in Indiana. CEO Steve Johns, who will leave the company after the transition, said all of OneCause’s employees have retained their jobs.
Software firm opens ‘living lab’ in Carmel as it works to raise first-ever venture investment
Carmel-based software company Alleo, which launched in 2019, opened a space that’s part showroom, part test and demo space for new and existing users of its online collaboration platform.
Developer planning 720-acre residential project with 2,300 homes in Westfield
The proposed Ironstone at Hortonville would feature housing, shops, restaurants and recreational amenities in an area just off the city’s current northern boundaries.
North of 96th roundup: New golf venue, restaurants among openings and closings
Multiple retailers, restaurants and other businesses recently opened, closed or began planning new locations in the north suburbs of Indianapolis. Here’s a rundown.
Filtration company to close La Porte facility, move production to Lebanon
Production at the Lebanon facility is expected to begin before the end of 2025. The company anticipates having up to 150 workers at the plant.
Fishers-based mortgage lender sues former employees for alleged breach of contract
The company alleges the two former employees signed an agreement that included a two-year noncompete clause as well as stipulations that they wouldn’t solicit customers on behalf of a competing company.
Westfield City Council OKs apartments, retail at Lantern Commons
In total, the project would feature 24,000 square feet of plaza space, nearly 24,000 square feet of commercial space, 102 apartments and a 1,300-square-foot dog park.
IBJ Podcast: The serious business of scaring patrons at Indy Scream Park
As a 10-year-old entrepreneur, Benjamin Nagengast sold pumpkins in Anderson. Now he employs 180 people every night to operate the Scream Park, which he says is like running a farm.