The move by Mayor Andy Cook follows a controversy in July over contracts for Grand Park Sports Campus and his veto of a city council resolution for review and approval of all Grand Parks contracts.
In its second quarter, the Carmel-based company lost $32.3 million and saw year-over-year revenue plummet 42%, from $719.1 million to $419.0 million.
Even though Indianapolis-based Platinum Properties reduced the size of its proposed Grantham neighborhood, neighbors expressed concerns that the development will overload the already-taxed school system.
At least one person was ordered to leave the Carmel City Council meeting Monday for interrupting the council’s review of plans for 15 townhouses on the city’s north side.
Dr. Ryan Hungate, a Kokomo native who founded the medical-practice software firm in 2014, said he plans to spend up to $10 million to shift a majority of the company’s operations to Carmel.
The $32 million plan includes 160 apartments, more than 400 parking spaces, and 30,000 square feet of commercial space for retail or office uses.
Mayor Andy Cook passively vetoed a Westfield City Council-approved resolution Thursday by not signing the measure, meaning proposed additional oversight of Grand Park’s contracts will not take effect unless the resolution is approved a second time by the council.
Described by city officials as the largest park in the country dedicated to a working farm, the 33-acre Fishers AgriPark at 11171 Florida Road is designed to offer an agricultural experience and educational opportunities about food production.
The lone council member to vote against the plan questioned whether now is an appropriate time to commit more money to a “nice-to-have” project.
Fishers joins Marion, Elkhart, LaGrange, Monroe and St. Joseph counties, plus the cities of Evansville and West Lafayette, as locations in Indiana with mask mandates.
The automaker, which announced its expansion plans just weeks before COVID-19 began disrupting the economy, says the project won’t be affected by the pandemic.
Columbus, Ohio-based Washington Prime Group has told the city of Carmel it has decided to put the brakes on an ambitious plan to diversify the lifestyle center.
Shares in Elanco rose 2.8% Wednesday morning after the approval was announced, to $24.13 each.
The Westfield City Council on Monday eliminated Grand Park admission fees for city residents and imposed new oversight of park contracts after a council member alleged the group in charge of baseball operations had diverted almost a half-million dollars from the city.
Phil Daniels joins the fast-growing Carmel-based marketing agency after more than 11 years at health care analytics software firm Springbuk, which he co-founded in 2009.
The owners of Moonshot Games are launching a delivery service they say can help local independent retailers compete with Amazon.com and the big-box stores.
Dexter, Michigan-based Trucent plans to add nearly a dozen workers and more than double the size of its CentraSep operations in Noblesville by early next year.
Officials are estimating the corridor improvements will run $47 million over the project’s original $124 million budget.
A largely agricultural area near the formerly contested border of Zionsville and Whitestown could soon be the site of two 550,000-square-foot warehouses.
The City of Carmel—already the self-proclaimed “Roundabout Capital of the United States”—on Monday released a list of intersections it plans to convert beginning this summer.
