New Carmel City Council hits pause on pair of major projects

The projects called Gramercy/Carmel Marketplace and Valentina were originally introduced to the city council in November. At that time, council members voted to delay discussion on the projects until Monday’s meeting due to the size of the developments and because construction would take up to a decade.... Read More

Westfield strikes 40-year, $300M deal for Grand Park

Westfield has selected a consortium of firms to manage and further develop the 400-acre Grand Park Sports Campus after a search that lasted nearly two years. Four entities will form Grand Park Sports & Entertainment to take over the 9-year-old sports campus.... Read More

Developers eyeing renters, not buyers, for new communities

The nationwide struggle to purchase single-family homes due to supply shortages, large investment groups outbidding families with all-cash offers, high prices and interest rates near 8% has left the United States with a deficit of 3.8 million homes, according to Freddie Mac.... Read More

Grand Universe planning liftoff in Hamilton County

The center would include 25,000 square feet of space exhibits; a 68-foot-diameter 8K digital planetarium and virtual reality theater called the McCauley Planetarium that would seat 200 people; a fully operational replica of NASA’s Mission Control Center; an observatory with 11 smart telescopes that would have the ability to filter light pollution and provide visitors with a clear view of outer space; and a Mars habitat.... Read More