Construction

Drivers brace for U.S. 31 closure near Indianapolis

April 2, 2014
Associated Press
Residents and businesses in the northern suburbs of Indianapolis are preparing for the start of an eight-month closure of U.S. 31 as part of the project upgrading it to interstate standards.
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State to widen Interstate 65 south of Southport

March 31, 2014
Kathleen McLaughlin
Greenwood-area commuters should have more breathing room on Interstate 65 after a highway-widening project planned by the Indiana Department of Transportation.
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Contractor spending $1.6M to move north of downtownRestricted Content

March 29, 2014
Construction manager and contractor Messer Construction Co. has purchased two adjoining vacant buildings on North Meridian Street south of Fall Creek Parkway and plans to move there from Shadeland Avenue.
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Bold developer stirs up nursing-home businessRestricted Content

March 22, 2014
J.K. Wall
Zeke Turner, the 36-year-old CEO of Mainstreet Property Group LLC—who frequently sports a boyish grin and a bold-colored dress shirt, but rarely dons a tie—said he’s “just getting started” in transforming the staid nursing home industry.
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Indiana Limestone wins court approval for auction

March 17, 2014
 Bloomberg News and IBJ Staff
The owner of Indiana Limestone Co. has received court approval to hold an April sale to see whether there are any better offers for virtually all its assets than the $26 million bid by lender Indiana Commercial Finance LLC.
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Palladium construction lawsuits costing panel millionsRestricted Content

March 15, 2014
Andrea Muirragui Davis
The cash-strapped Carmel Redevelopment Commission has spent more than $6 million since 2009 “responding to, defending and settling” legal claims from contractors involved in construction of the city’s Palladium concert hall.
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Compromise bill allows state to spend $200M on interstates

March 13, 2014
 The Statehouse File
The House passed the compromise bill 95-4, even as a number of lawmakers – including Democrats – complained that the legislation doesn’t include any money for local roads.
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Former Bloomington official charged in scheme

March 12, 2014
Associated Press
The U.S. attorney's office in Indianapolis said Wednesday that 43-year-old Justin Wykoff faces 24 counts of embezzlement for allegedly approving fraudulent invoices, often for concrete work that was never done.
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Lawmakers getting closer on nursing home moratorium

March 11, 2014
Associated Press
House Public Health Chairman Ed Clere said Tuesday that negotiators had found a compromise that would ban new construction for two years except in counties whose nursing homes are at 90-percent capacity or higher.
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House passes moratorium on nursing home construction

March 3, 2014
John Sittler, The Statehouse File
The bill passed 55-40 and now returns to the Indiana Senate, which has already passed the bill and can now approve changes made by the House or send the bill to a conference committee for further consideration.
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Committee urges hiring commitment for $81M MSA tower project

March 3, 2014
Scott Olson
A City-County Council committee recommended approval for the 28-story building but only if the developer pledges that 30 percent of the workers it hires to build the tower live in Marion County.
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Office space shrinking in Indianapolis areaRestricted Content

February 22, 2014
Jeff Newman
Technology and work habits are prompting firms to squish space allotted to workers.
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Nursing home profits surge as owners seek moratorium

February 15, 2014
J.K. Wall
Nearly two-thirds of the state’s nursing homes are now participating in partnerships with county-owned hospitals that effectively double their profit margins.
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Bill to free $400M for highways passed by House

February 3, 2014
Jacob Rund, The Statehouse File
House Bill 1002 transfers the balance of the Major Moves 2020 Trust Fund to the state highway fund before July 1, 2015. The legislation received support from both parties and passed 91-2.
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Former Indy Chamber leader joins Hagerman

January 27, 2014
 IBJ Staff
Scott Miller, who stepped down May 31 as president of the Indy Chamber, has been hired as president of The Hagerman Group, one of the state’s largest construction contractors.
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County to rebuild fair grandstand two years after arson

January 20, 2014
Associated Press
Shelby County commissioners have awarded a $2.3 million contract for construction of the new grandstand to Zionsville-based RL Turner Corp.
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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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  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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