DPS relocating to City Center

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The James Building, in Carmel City Center will get another new tenant by the end of the year. DPS, Inc. (Data Processing Services) will move into the building that also houses the Tarkington and Studio Theaters, as well the corporate headquarters for Software Engineering Professionals (SEP) and Periculum.

DPS, a software development, consulting and services company, was established in 1972 and is currently headquartered on the north side of Indianapolis, with offices in Chicago, Toronto and St. John’s Newfoundland. DPS wanted to locate in the City Center area because it offers the ambiance of a downtown with the added amenities of access to the Monon Trail, the Performing Arts Center and many shops and restaurants. In addition, they will be surrounded by the vibrancy created by bringing all these entertainment and recreation opportunities together in one place.

“I have lived in Carmel for a number of years. Watching City Center grow and transform into a dynamic area attracted our attention when we were making the decision to relocate. Our employees are excited to be a part of the new vibrancy in City Center, where they will be able to walk to nearby restaurants for lunch or dinner and a show after work,” said Judy Arnold, President and CEO of DPS.

“City Center continues to attract companies, breathing new life into an area that was void of energy only a few years ago. We welcome DPS to Carmel and look forward to the additional vitality they bring the local business community. We continue to benefit from the investment in projects such as City Center, which attracts economic development opportunities,” said Carmel Mayor Jim Brainard.

DPS, Inc. provides expertise in creating customized software solutions, primarily to the wholesale distribution industry. They have done work in the U.S., Canada, the United Kingdom and the Caribbean region. DPS, Inc. has achieved the highest level of recognition offered by IBM, being named an IBM Premier Business Partner, a Beacon Award winner and a Certified eBusiness Partner.

The lease with DPS, Inc. was signed by the Carmel City Center Community Development Corporation (4CDC). The 4CDC is a recently formed public corporation under the provisions of the Indiana Nonprofit Corporation Act of 1991. The purpose of the 4CDC is to finance and lease the office building separate from the CRC, much as the City of Indianapolis used Community Development Corporations to finance and lease the Murat Theatre, the Circle Block Parking Garage, and other downtown projects. The Board of Directors of the 4CDC includes Carmel residents Richard F. Taylor III, President; Ron Carter, Vice President; and Bruce Kimball, Secretary.


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