Construction

Carmel upstart fights nursing home moratorium

January 18, 2014
Kathleen McLaughlin
Nursing home companies went on a building spree in Indiana, and now most of them want the Legislature’s help reining in high operating costs brought by over-capacity.
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GOP bill would spend $400M on highway projects

January 16, 2014
The bill would give the State Budget Committee the authority to transfer $400 million from the Major Moves Trust Fund to the state’s main highway fund.
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U.S. construction spending up 1 percent in November

January 2, 2014
Associated Press
The Commerce Department said construction spending increased 1 percent in November to a seasonally adjusted annual rate of $934.4 billion. That's the fastest rate since March 2009.
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Pittsburgh grocer jumping into Indy market

December 21, 2013
Scott Olson
A major supermarket chain is hoping to expand into the Indianapolis market, starting with an anchor position in a mixed-use project under construction in Carmel.
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Home builders race to meet demand

November 23, 2013
Andrea Muirragui Davis
Slow but steady growth in central Indiana’s new-home market has chipped away at the supply of available lots, leaving developers and builders scrambling to keep up with demand.
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Homebuilders end 15-month streak of permit increases

November 11, 2013
 IBJ Staff and Bloomberg News
The central Indiana home construction industry reversed course in October, with a rare year-over-year decrease in the number of single-family building permits filed. The drop follows a recent downward trend.
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Summit partners seek tax break for $14M distribution facility

November 4, 2013
They plan to spend $14 million to build the 542,000-square-foot warehouse on 33 acres on the city's west side. One condition of the tax abatement is finding a user that would create at least 50 jobs by 2018.
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Downtown Westin Hotel to kick off $14 million renovation

October 25, 2013
Anthony Schoettle
The four-star establishment plans to overhaul all 13 floors and 573 guest rooms, beginning in November, as its competitors trigger similar upgrades.
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Taylor University plans $20M campus center

October 24, 2013
Associated Press
The plans announced Wednesday call for a building that will more than triple the size of the northeastern Indiana school's current student union in Upland.
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$120M lawsuit over central Indiana factory moves ahead

October 14, 2013
Associated Press
The appeals court declined to hear an appeal from Getrag Transmission of a Tipton County judge's ruling that the lawsuit filed by Walbridge Construction should go to trial or settlement.
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Tower would be first big addition to east side of Indianapolis in decades

October 12, 2013
Jeff Newman
The proposed Market Square Tower—if it’s built as planned at 28 stories and 370 feet—will be one of the 10 tallest buildings in Indianapolis.
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Chicago firm building spec warehouse in Plainfield

October 10, 2013
HSA Commercial Inc. plans to break ground later this month on the 220,000-square-foot building in the Gateway Business Park near Columbia Road and Ronald Reagan Parkway.
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Developer readies second Virginia Avenue residential project

October 8, 2013
Scott Olson
Deylen Realty's latest development along bustling Virginia Avenue calls for 68 apartments and 9,900 square feet of retail space between the existing Mozzo apartments and Villagio condos.
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Indianapolis apartment construction soars skywardRestricted Content

September 21, 2013
Scott Olson
The downtown rental market is booming, but is a slowdown coming?
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New school to anchor Central State projectRestricted Content

September 7, 2013
Kathleen McLaughlin
The first new non-residential building at the former Central State Hospital campus, at the corner of West Washington Street and Tibbs Avenue, will be a charter school. Christel House Academy West broke ground last month on about nine acres donated by the city.
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Butler’s $4M parking project coming to close

August 27, 2013
Scott Olson
The private university is slated to finish improvements soon to 90 acres of land it owns west of the Central Canal that should help alleviate parking problems and give the public better access to the waterway.
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Special Report: City's building spree leaves trail of spoilsRestricted Content

August 24, 2013
Kathleen McLaughlin
Mayor Greg Ballard takes pride in Rebuild Indy, the city’s nearly $400 million program that doubled the volume of public works projects—and became engineering and construction firms' largest business opportunity with the city in more than a decade.
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Four teams bidding for I-69 financing, construction

August 7, 2013
 IBJ Staff and Associated Press
The state hopes to start converting the 21-mile stretch of interstate early next year. The project is estimated to cost $394 million.
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Slumping Caterpillar to lay off 125 workers in Lafayette

August 6, 2013
Associated Press
Caterpillar in July announced a 43-percent drop in earnings and cut its outlook for the rest of the year because of a downturn in the global mining industry.
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Homebuilding permits rise for 12th straight month

July 16, 2013
Through June this year, 2,603 permits have been issued in the Indianapolis area, an increase of 26 percent compared to the first six months of 2012.
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City set to unveil Market Square project plans

July 15, 2013
Scott Olson
City officials will reveal the winner Tuesday morning from six teams that bid on redeveloping the downtown site. All proposed mixed-use projects, but they ranged in size from eight to 52 stories.
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Firm passed over for Ball State planetarium cries foulRestricted Content

July 13, 2013
Kathleen McLaughlin
Bowen Technovation President Jeff Bowen says the university unfairly favored his Florida-based competitor to install a sophisticated audio-visual system for its new planetarium, but Ball State maintains there was nothing wrong with its process for awarding the nearly $2 million contract.
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Westfield's sports plan is grand

July 13, 2013
Jeff Newman
When it opens next spring, the aptly named Grand Park Sports Campus will be the largest youth sports complex of its kind in the country.
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Veteran custom homebuilder taking prefabs downtownRestricted Content

June 15, 2013
Scott Olson
Ursula David is out to dispel the perception that modular homes are little more than glorified double-wides. David, who started Ursula David Homes 20 years ago, is concentrating on a new project, Indy Mod Homes, and is targeting an unlikely place for the prefabs—the urban core.
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Homebuilders extend streak with 23-percent surge in permits

June 11, 2013
 IBJ Staff
Single-family building permits rose 23 percent in the nine-county Indianapolis area in May, the 11th straight month of year-over-year increases.
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