Construction

Officials: Indiana's limestone industry on upswing

June 28, 2014
Associated Press
The limestone industry is thriving again with many companies reporting orders are up following a drop in business during the recession, a trade association spokesman says.
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Home buyer tastes have shifted since housing bust

June 28, 2014
Scott Olson
Old standbys are have been replaced by new features and colors. The changes range from rooms to styles.
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Mansion restoration is dream come true for new owners

June 28, 2014
Sam Stall
David and Alice Berger have sank more than five years of effort into bringing the former Lacy property back to its industrial era grandeur.
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Developer requesting $1M over Broad Ripple project delays

June 25, 2014
Scott Olson
Browning Investments Inc. is seeking the damages from opponents of its proposed $30 million apartment-and-retail projects for costs related to construction delays due to a pending appeal.
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Two contractors accused of wage violations accept plea deals

June 23, 2014
Dennis Barbosa
The Marion County Prosecutor's Office has reached plea agreements in two cases in which a contractor was accused of paying workers less than the required wage on publicly financed projects.
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Area home-construction permit filings flatten out

June 17, 2014
 IBJ Staff and Associated Press
Homebuilders filed 530 single-family building permits in the metro area in May. That’s exactly the same number of permits that were filed in May 2013. Local construction numbers were better than national figures.
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Remodelings might await boomers wanting to stay in their homes

June 14, 2014
Norm Heikens
Many homes will be difficult for aging boomers to navigate without changing doors, bathrooms, hallways and kitchens.
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Mainstreet eyes more 'crowdfunding' for nursing homes

June 2, 2014
J.K. Wall
After raising $1.8 million via the Internet for a new nursing home in Bloomington, the Carmel-based developer thinks it has found a more efficient source of fundraising for further construction.
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Alexander hotel achieves LEED statusRestricted Content

May 24, 2014
The Alexander Hotel at CityWay in downtown Indianapolis has achieved LEED certification from the U.S. Green Building Council.
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Stadium project a homecoming for Indianapolis-based designer

May 19, 2014
Associated Press
Dan McCloskey, who works for Indianapolis-based American Structurepoint, has been named senior project architect on the recently unveiled $11.5 million Kokomo Municipal Stadium in downtown Kokomo.
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Indiana Limestone gets back to work under new owner

May 14, 2014
Indiana Limestone Co. technically closed and laid off all its workers earlier this month to fulfill a bankruptcy plan, then a few days later reopened with the new owners and rehired employees.
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City Dems propose $16 million more for road repairs

May 6, 2014
Kathleen McLaughlin
Indianapolis City-County Council Democrats want to spend $16 million more on emergency road work. The Democrats oppose Republican Mayor Greg Ballard's plan for a $150 million bond issue and instead want to tap general and special funds.
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Flaherty becoming mixed-use master

May 3, 2014
Scott Olson
Developer's Flaherty & Collins is gaining a reputation developing trendy projects, the latest of which is a 28-story retail and residential tower on the site of the former Market Square Arena.
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Competition spurs Butler to launch blitz of renovation, constructionRestricted Content

April 26, 2014
Scott Olson
Butler University plans to add new residence halls, construct a larger facility to house its business school, and renovate existing academic buildings and dormitories as part of sweeping upgrades at the private school.
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Flurry of renovations upgrade downtown Indianapolis hotel scene

April 26, 2014
Anthony Schoettle
Trend driven by hyper competition, pent-up demand from the recession, opening of JW Marriott.
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Court approves $26M acquisition of Indiana Limestone

April 21, 2014
 Bloomberg News and IBJ Staff
Indiana Limestone president Duffe Elkins said the business is expected to reopen and rehire workers after the new ownership takes charge.
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Indianapolis architectural salvage yards still in the huntRestricted Content

April 19, 2014
Jeff Newman
The recession and lingering uncertain construction market put the shops through a withering shakeout, but several have found ways to thrive.
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BECKER: Indianapolis transit hub will redeem eyesoreRestricted Content

April 19, 2014
Lynn Becker / Special to IBJ
Buses get no respect. Romance clings to the rails and to the grand stations that serve them. When you take a train, you may well find yourself in a replica of a Greek temple or the Baths of Caracalla.
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Mainstreet aims to help finance nursing home through crowdfundingRestricted Content

April 19, 2014
J.K. Wall
Mainstreet Property Group LLC plans to launch a new round of private placement fundraising on April 21 using a website run by Oregon-based CrowdStreet Inc. and a mix of traditional advertising in central Indiana.
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Report: State political leader had millions on the line

April 17, 2014
Associated Press analysis
Documents show House Speaker Pro Tem Eric Turner earned nearly $8 million selling nursing homes in the last two years and stands to earn between $1 million and $2 million on projects now being developed, thanks in part to legislation he helped block this year.
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Lender bids $26 million to take over Indiana Limestone Co.

April 15, 2014
 Associated Press and IBJ Staff
An investment firm was the only bidder for an Indiana company that supplied limestone to the Empire State Building, the Pentagon and other iconic buildings.
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IEDC urging government bets on spec-buildingRestricted Content

April 12, 2014
Kathleen McLaughlin
The Indiana Economic Development Corp. is encouraging local governments to help finance speculative industrial buildings, which could land new businesses but could put at risk hundreds of thousands in taxpayer dollars.
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ANALYSIS: Turner stood to lose big in Statehouse fight

April 10, 2014
Associated Press analysis
A top Indiana lawmaker, his family and investors in their company risked losing millions in future profits if a proposed ban on construction of new nursing homes in Indiana had become law this year, an Associated Press review has found.
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CarDon trying to adjust nursing homes to hospitals, insurers, patientsRestricted Content

April 5, 2014
J.K. Wall
Family-run company is building nursing homes it thinks will be more attractive to residents and staff.
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New highways funds aimed at I-65, job creation

April 3, 2014
Associated Press,  The Statehouse File
The construction planned with the money, as well as an additional $200 million that's being held pending review, could create as many as 9,800 jobs in the state, INDOT estimates.
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  1. Uh, sorry Johnnie, but you are incorrect. Despite the assertions by yourself and various defenders and captains, sports attendance is NOT off significantly at most sporting events in the US. Variances in attendance has been in the range of single digits, both + & - for years now. MLB has had most of its best overall attendance nubers in the last decade, and that trend has been consistent for most major sporting events. The number one issue cited by most fans when asked about attendance is the overall cost of attending. The presence of HD and big screen televisions in home doesn't even register, as a factor for not attending an event. VALUE in the product is the key, and apparently is something lacking in the current ICS. What other explanation is there when with what is routinely touted as the "best" racing on the planet, fans are staying away in DROVES. A "close" title battle into the last event at Fontana, with the "cars and stars" of the ICS, and who showed up? MAYBE 8K. Sorry, but HD TV isn't to blame for that kind of fan apathy.

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