Construction

Contractor uses 'process mapping' to overhaul businessRestricted Content

January 28, 2012
Andrea Muirragui Davis
ProClad Inc. founder Brad Hitzfield invested in a 30-year business veteran to help him remake his specialty construction firm when profits couldn't keep pace with revenue.
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Bill requiring Indiana stage inspections advances

January 17, 2012
Associated Press
All outdoor stages in Indiana would have to pass inspections before any performances under a bill approved by a state Senate committee.
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Metro home-building activity sinks again in 2011

January 11, 2012
Scott Olson
New-home construction in the Indianapolis area slid in 2011, marking six straight year-over-year declines in residential building. The 3-percent decrease in building permits, however, was the smallest decrease since 2006.
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Boone County officials ‘surprised’ by ASI closing

January 5, 2012
Scott Olson
ASI Limited informed an estimated 250 employees by letter that the company was no longer profitable. The manufacturer's high-profile projects include Lucas Oil Stadium and the JW Marriott hotel.
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Blakley Corp. hires first outsider CEO

January 3, 2012
Kathleen McLaughlin
Indianapolis-based Blakley Corp., a specialty contractor and home-flooring retailer, has hired the first outsider CEO in the company's 114-year history.
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Daniels, Beshear reach agreement on bridges

December 29, 2011
Associated Press
Construction on two new bridges costing $2.6 billion and spanning the Ohio River between Kentucky and Indiana could begin in late 2012, with the spans open before the end of the decade, Kentucky and Indiana officials said Thursday.
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Indiana construction biz acquired by Swedish firm

December 29, 2011
 IBJ Staff and Bloomberg News
Stockholm-based Skanska AB, the Nordic region’s biggest builder, has purchased Industrial Contractors Inc. for $135 million, boosting its U.S. presence with its first acquisition in the United States in a decade.
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Metro home-building activity down in November

December 16, 2011
In the nine-county metropolitan area, the number of home-construction permits filed last month dropped to 225, a 13-percent decrease from the same month in 2010.
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SMITH: Small steps, big results: gauging design's impactRestricted Content

November 26, 2011
Keith Smith / Special to IBJ
Metrics make a difference in health care facilities.
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Fashion Mall getting big upgradeRestricted Content

November 5, 2011
Cory Schouten
A multimillion-dollar makeover now under way at The Fashion Mall at Keystone will add an upscale food court and about 20 stores, many of them new to Indianapolis.
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Green roofs slow to take root in IndianapolisRestricted Content

October 15, 2011
Sam Stall
Indianapolis' movement toward installing green roofs on commercial buildings has advanced slowly but steadily, in spite of a poor economy and the availability of cheaper (at least in the short run) alternatives.
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Maregatti Interiors acquired by HKS architectural firm

October 13, 2011
Scott Olson
Indianapolis' largest commercial interior design business has been purchased by the national architecture firm that designed Lucas Oil Stadium.
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Apartments, retail planned for Virginia Ave. corridorRestricted Content

October 8, 2011
Cory Schouten
Call it Extreme Makeover: Holy Rosary. Just about every building and corner along a four-block stretch of Virginia Avenue in this historic neighborhood southeast of downtown is under construction or will be soon.
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Waiting for construction industry to recoverRestricted Content

October 8, 2011
Tawn Parent
The recession officially ended more than two years ago. But the number of local construction jobs is still down 27 percent from 2007 levels. Will the industry ever feel relief? Some segments might not recover in a big way until 2013.
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Developer proposes $22M project for Keystone Towers site

October 6, 2011
Scott Olson
The Whitsett Group LLC's plans call for a $22 million project that would include nearly 140 apartments and a retail component on the property where Keystone Towers stood. The company submitted the lone bid to the city to redevelop the site.
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Commission approves demolition for Indy East Motel

October 6, 2011
Francesca Jarosz
The Indianapolis Historic Preservation Commission unanimously approved the demolition of the former motel at 5585 E. Washington St.—with a few conditions. Developers plan an $8.7 million project for the site.
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Investor Buffett gets behind east-side revitalization project

September 28, 2011
Scott Olson
Warren Buffett joined other investors and Indianapolis community leaders Wednesday morning for a ribbon-cutting ceremony at the $27 million East Village at Avondale apartment project.
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Councilor launches opposition to Georgia Street renaming

September 21, 2011
Scott Olson
Democrat City-County Councilor Angela Mansfield has submitted a resolution that urges Indianapolis Mayor Greg Ballard to "cease and desist from all efforts to rename Georgia Street."
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Area home-construction permits rise in August

September 15, 2011
Home-construction permits in the Indianapolis metropolitan area climbed 23 percent in August thanks to a surge of activity in suburban counties.
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City closes downtown plaza after parking deemed unsafe

September 14, 2011
Associated Press
The city of Indianapolis has closed Pan Am Plaza and part of a parking garage below it near the Indiana Convention Center and Lucas Oil Stadium because the structural integrity of the parking facility poses a safety risk.
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Landscape architect stays small by designRestricted Content

September 10, 2011
Ann Finch
Landstory, Joann Green's landscape architecture firm, is a snug four-person company that has designed exterior spaces for some major Indianapolis projects, such as the JW Marriott, Lucas Oil Stadium and Indiana University's Melvin and Bren Simon Cancer Center.
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Defender Direct rolls out HVAC businessRestricted Content

September 3, 2011
 IBJ Staff
The home-security and satellite installer is pushing into the construction trades.
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SHEATS: Kitchen, bath remodels add value, appealRestricted Content

August 27, 2011
Jeff Sheats
If done wisely, a well-designed kitchen and bathroom not only add value, but they also make life more convenient.
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'Buy local' law doesn't sting Indy sewer project

August 19, 2011
Francesca Jarosz
A new state law that could add to the cost of public works projects didn’t impact one of Indianapolis’ most sizable bids this year.
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City to give Angie's List $4.6M to buy properties for expansion

August 16, 2011
Kathleen McLaughlin
Money for real estate acquisition is a major component of the $7.1 million in incentives the city of Indianapolis offered Angie's List Inc. for expanding its headquarters campus to accommodate 500 more employees.
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  1. Why not exclude all places that cater to the rich. Private clubs should not have rules: rules are for the serfs only. In fact, we should subsudize the private clubs, they should not pay property or sales taxes. You go rich and powerful, rules are not for you.

  2. Poor little LadyJ! Typical Democommie. In case it got past you, the dems have totally screwed this country in the past 3+ years. We have a democommie in the White House who apparently never read the Constitution, while claiming to be a constitutional scholar. We had a democommie-controlled Congress (opposite of PROGRESS?)passing bills that "we'll have to pass before we know what's in it". This impostor president has violated the U. S. Constitution too many times to count. The Attorney General is a race-baiting gunrunner that refuses to stop illegal immigration. And, the head of NASA, a once-proud agency that put several men on the moon, is now our liason to the murderous Muslims. Great job, democommies! Sometimes I wish they really would try to take our guns.

  3. Pat Bauer try t do right about the state but the Republican leader and all of them did not think of us. Only the money they will get from their rich corporation. Of Course the Democrats had union, so I won't vote for Bosma or whatever his name is.

  4. Well you are talking about Republican, did all of the Damage in this state. Sure the Democrats did some but most is the Republican. The Republican set us back not going forward. Hurry passed bills won't listen to any amendment our way only. The Republicans drew up these district so they could win again. Which is a crying shame. I will not vote for any Republican and I got the list who voted for the RTW Bill and who didn't. Tired of the Republicans

  5. Actually, it was Greenspan who encouraged the elderly to refinance their homes, using their equity to boost the economy after 9/11. In addition, it was George Bush and Barney Frank who jointly suggested that everyone should hold a piece of the rock. It was the Bush Administration, namely Treasury Secretary Paulson who deregulated Wall Street and Lenders such as Countrywide, Washington Mutual, Wachovia, Bank of America, and Wells Fargo. When the TARP Bailout Proposal went to Capitol Hill in October 2008, Treasury Secretary Paulson asked for, and received, full immunity from future prosecution, dating back to his time as CEO of Goldman Sachs, the co-recipient of the initial $350 Billion Dollar Tarp Bailout Payment for Wall Street, back in October 2008. It was the US Treasury and the Federal Reserve, both controlled by the Bush Administration, that created sub-prime mortgages, starting in 2004. Many members of the House and Senate, on both sides of the aisle, benefited from home mortgage refinancing. Banks, appraisers, and realtors pushed people into home mortgages they had no business accepting, based on claims that the housing market would only get better. Average Americans did not create Credit Default Swaps, I think those creations happened on Wall Street. Spend some time at the library, you will be shocked by what your research brings forth.

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