Carmel council reluctantly OKs commuter bus subsidy
Carmel City Council voted 7-0 Monday to subsidize the Indy Express commuter bus for the rest of this year, but members made it clear their support was tenuous at best.
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Carmel developer pitching $150M Midtown plan
Carmel-based Old Town Development LLC expects to file plans this week for a $150 million redevelopment project on 11 acres in the suburban community’s blighted Midtown area, between Carmel City Center and the Arts & Design District near the Monon Greenway.
Couple revamps old roadside motel into apartments
The Kaiden, a 13-unit hotel just off the National Road between Indianapolis and Greenfield, has been reborn as an apartment building called The Village.
Sign company plans $6M expansion, 133 new jobs in Fishers
The Fishers Town Council is set to consider an economic development deal for growing sign company AI Innovations after a high-potential lighting firm’s project fizzled.
Year wait expected for start of Wigwam work
The developer taking over Anderson's Wigwam gymnasium is expecting to start work at the complex in about a year. The group plans to convert part of the complex into 55 multifamily housing units while maintaining the gym.
Bloomington inventor’s game explores origins of life
Mark White's newest invention is a 3D board game called "Mutation," a clicking, clacking puzzle ball. It's best described as tic-tac-toe on the surface of a sphere.
Auto supplier plans $73.5M plant in Boone County
A Japanese auto-parts supplier plans to invest $73.5 million to build and equip a 151,000-square-foot manufacturing facility in the community of Jamestown, adding up to 195 jobs by 2017.
Bub’s Burgers planning $1.3M outpost in Fishers
Central Indiana favorite Bub’s Burgers and Ice Cream has chosen downtown Fishers to build its fourth restaurant, town officials announced Thursday evening.
Hamilton County communities battle tax appeals
Carmel, Fishers and Noblesville are trying to head off appeals that cause tax revenue to come in lower than expected, especially for projects within tax-increment-financing districts.
Third specialty grocer eyes 146th Street corridor
The competition among specialty grocers is heating up along 146th Street, where startup Fresh Thyme Farmers Market is planning a store less than two miles from sector stalwarts Whole Foods and The Fresh Market.
Kokomo council rejects ban on smoking in bars
Council members voted 5-4 Monday night to defeat the proposed ordinance after one councilman who voted to support it last month switched his vote.
More Carmel apartments on the drawing board
An affiliate of Butler Automotive Group is asking Carmel for a zoning change that would clear the way for a 235-unit apartment complex just north of an under-construction Hyundai dealership at 96th Street and Randall Drive.
Electrolux to buy GE Appliances in $3.3B deal
The acquisition is the largest ever for Stockholm-based Electrolux, ranked as the world's second biggest home appliance maker after U.S. rival Whirlpool. Louisville-based GE Appliances has a long history in Indiana.
IPL begins construction on $600M power plant
IPL says the plant, adjacent to the Eagle Valley Generating Station, will generate 671 megawatts of electricity more efficiently and with fewer emissions than the retiring coal-fired plant.
Wabash National plans Frankfort factory, 100 jobs
Wabash National announced Friday that its new manufacturing complex in Frankfort, about 45 miles northwest of Indianapolis, will expand its Wabash Composites business.
Mortgage firm eyes long-vacant Westfield office complex
Once home to the regional headquarters for telecommunications firm GTE, a long-vacant two-building office campus on U.S. 31 in Westfield is slated to get a new tenant.
Noblesville pursues cultural district designation
Noblesville is positioning itself to join an elite group of Indiana Cultural Districts—a state designation officials say should boost the city’s appeal and help drive economic development.
Nuvo enters Bloomington market, eyes other college towns
Nuvo has entered a long-abandoned market, Bloomington, and is eyeing other Indiana college towns, particularly Muncie and West Lafayette, for expansion. The alternative free weekly newspaper has been working on the plan for six months.
Mortgage firm to expand to Westfield, add 360 jobs
California-based Carrington Mortgage Services said Thursday it plans to spend $3.2 million to open an office in Westfield. In addition to the new hires, about 180 employees in Fishers would move to the Westfield location.
British ‘pigging’ firm picks Fishers for regional HQ
A U.K.-based firm that helps manufacturers reduce waste and cut production-changeover times is establishing its North American outpost in Fishers, taking advantage of the central location to grow its reach.