Current in Carmel

New road to accompany Walmart expansion

Fri, 16 Jul 2010 11:29:00 -0600

The city of Westfield is planning to construct a new road near US 31 to help traffic flow in that area.
Public Relations Coordinator Carrie Cason confirmed last week that the Walmart at 151st Street is planning to expand. Traffic is already heavy in that area along US 31, so the city will build a road connecting 151st Street and Greyhound Pass which Cason said should ease traffic flow.

CVS to combine Range Line stores at new facility

Thu, 15 Jul 2010 18:47:00 -0600

Construction could begin this fall on a new CVS/pharmacy building on Range Line Road.
CVS Public Relations Director Michael DeAngelis said work on a new 13,000-square-foot building will begin later this year at the corner of Range Line Road and Medical Drive. The new facility, DeAngelis said, would open next spring and consolidate the two existing CVS locations on Range Line Road.

Report: Hilbert mansion to be auctioned

Wed, 14 Jul 2010 12:11:00 -0600

The Wall Street Journal reported today that the mansion formerly owned by ex-Conseco chief executive Stephen Hilbert will be auctioned after previous failed efforts to sell the property.
The 25,000-square-foot Le Chateau Renaissance in Carmel was originally listed for $20 million five years ago before the asking price was cut in half last year. According to the report, Prudential Indiana Realty Group is running a sealed-bid auction on www.IndianaMansion.com. Potential bidders are said to be able to tour the home until Aug. 20 but all bids must be submitted by Aug. 27.

Correction

Wed, 14 Jul 2010 12:03:00 -0600

In the July 13 issue of Current in Carmel it was reported that $1.2 million was deappropriated from other funds to replenish the rainy day fund. This is planned but has not yet occurred.

Winning Spark Button numbers announced

Wed, 07 Jul 2010 15:18:00 -0600

The winning Spark Button number has been selected, and the owner of button number 6184 is the winner of the $500 cash prize. Several other numbers were selected for unexpected, additional prizes.
8148 wins a Mike’s Express Car Wash Book of 5 WORKS Car Washes.
7776 wins a Mike’s Express Car Wash Book of 5 EXPRESS Car Washes
8725 wins a Mike’s Express Car Wash Book of 5 EXPRESS Car Washes
8523 wins a Mike’s Express Car Wash Book of 5 EXPRESS Car Washes
6271 wins a handmade Colts Blanket created by Dorothy McClure
Those with winning numbers should contact Jeff Worrell at 581-1551. Prizes must be redeemed by the end of July.

Fishers marketing firm will move to IDC and handle center's marketing

Wed, 16 Jun 2010 13:36:00 -0600

An established marketing firm from Fishers will soon relocate to Carmel's Indiana Design Center and help market the new building.
Silver Square, Inc. is a 10-year-old marketing and design firm currently in Fishers. The company announced this week that it agreed to a three-year contract with the IDC to move into the building this summer and handle all of the center's marketing efforts.Silver Square's clients include Bingham McHale LLP, Peter Dunn, Indiana Small Business Development Center and another future IDC tenant, artist Walter Knabe.

Walter Knabe Studios joins IDC

Mon, 14 Jun 2010 10:05:00 -0600

Pedcor Companies announced that it has executed a lease with renowned, Indiana-based artist, Walter Knabe. The new Walter Knabe Studios located on the second level of the Indiana Design Center will be complete this summer.
Walter Knabe’s handcrafted artwork and designs include wallcoverings, fabric, and other home décor and can be seen in the collections of Chanel Inc., Eli Lilly & Company, Michael Jordan, Madonna, The White House and Richard Gere, among others.

Fishburn to lead CarmelFest parade

Sun, 13 Jun 2010 11:38:00 -0600

Indianapolis Police Officer, Jason Fishburn, will be the Grand Marshall for the 2010 St.Vincent Heart Center of Indiana Parade at CarmelFest. The theme for this year’s parade is “Celebrating American Heroes”. According to Parade Chairperson, Peggy Powell, “Officer Fishburn was our first choice as Grand Marshall since he embodies the spirit of a true hero.”
On July 10, 2008, Jason Fishburn suffered a near fatal gunshot wound to the head while leading a police chase to apprehend a homicide suspect. His bravery and miraculous recovery have been an inspiration to the community. For his heroic actions, Fishburn was awarded the Purple Heart and Medal of Honor by the IMPD.

Helzberg to close next month

Sun, 13 Jun 2010 11:28:00 -0600

The Helzberg Diamonds store in Clay Terrace will close its doors July 5. Other Helzberg stores in the Indianapolis area, however, will remain open.
If arriving after July 5, all outstanding customer orders placed at the Clay Terrace will be delivered to the Castleton store, 6020 East 82nd Street. The closing Helzberg store will not be liquidating its remaining merchandise, as these items will be relocated to other sites within the company.

Don�t climb a rickety ladder for just a little more return

Sat, 12 Jun 2010 09:44:00 -0600

In addition to equity accounts, we also manage approximately $1.5 billion in high-quality, tax-free and taxable bonds. We continue to follow the “old-fashioned” strategy that has served our fixed income clients well for the last 40 years: a focus on capital preservation, safety, and income.
One of the major issues that makes this period so very unique for fixed income investors is the “zero” level of interest rates. “Almost zero” interest rates in money markets and very low rates in the highest quality tax-free and taxable bonds is very frustrating both for clients and for us.