The economic development agreement between the city and the Swedish home furnishing company requires the city to cover the costs for road, park, bridge, permitting, development and sewer impact fees. The total savings for Ikea is estimated to be $1.66 million.
Dura Products will construct a 15,000-square-foot building and furnish it with new logistical, IT and manufacturing equipment. The capital investment is expected to be $1.8 million and new equipment is expected to cost $1.15 million.
Fishers officials are considering whether to issue a $1 million bond that the city would pay back by the end of next year to fund road resurfacing projects throughout the community.
The hospital has submitted a rendering to the city of Westfield that shows several multi-story buildings and a parking lot on the northeast corner of State Road 32 and U.S. 31.
Wild Eggs will open at 1438 W. Main St. to the east of U.S. 31, according to permit filings.
With only a couple contested races—and none considered competitive—only 8.6 percent of registered voters in the 105 precincts with an election cast a ballot.
Cohoat and O’Neal Management Corp., which sent an email to various course customers Sept. 8 saying its lease had not been renewed for next year, now says it will continue to run the facility in 2016.
The six-year proposal would allow Zionsville Community Schools to continue to impose a 24.44-cent tax rate per $100 of assessed value for the next six years.
Plans have been filed for three distribution facilities along Indianapolis Road, which runs parallel to Interstate 65 to the west.
The building the tea room is located in at 8745 E. 116th St. in Fishers was recently sold to Indianapolis franchise Square Donuts, but owner Sharon Moore said the business will be open through the beginning of 2016.
Westfield residents Aaron and Crystal Gold have launched Ask Likely, a mobile app focused on gathering information about a user’s favorite things and preferences to make gift giving and random acts of kindness easier for family and friends.
Similar to its current space in the 16,000-square-foot basement of the Hamilton East Public Library, the building will include dedicated desks, private offices, open workspace, a coffee shop and about a dozen conference rooms. It will also feature a bistro with a light commercial kitchen, locker rooms with showers, a small theater, a separate entrance and classrooms for Ball State University, and a suite for Carmel-based coding academy Eleven Fifty.
The Indianapolis donut shop franchise plans to open at 8745 E. 116th St. in Fishers, according to real estate sources.
The Carmel City Council updated its guidelines for approving economic development incentives for businesses Monday night and increased the average employee salary threshold from $45,000 to $90,000.
Atlanta-based Beazer Homes USA Inc. initially proposed a residential development along Ditch Road between 156th and 161st streets in 2005, but construction never started.
The wait is over–Graeter’s Inc. has opened at 918 S. Rangeline Road in Carmel. New restaurants are on tap for Hamilton County as well.
Carmel Mayor Jim Brainard gave his annual state of the city address in front of 600 people Wednesday afternoon. No new company relocations or specific projects or developments were announced, but it sounds like several things are on the horizon.
The Noblesville City Council will discuss the 2016 budget when it meets Tuesday night.
Construction started last month for the new facility on the southwest corner of 126th Street and Olio Road.
With space abundant in downtown Indianapolis, Hamilton County tourism officials haven’t tried to tap into the business of hosting trade shows and conventions. But the opportunity could present itself when a 370,000-square-foot indoor soccer facility is completed at Westfield’s Grand Park Sports Campus.
