September 29, 2011
Anthony SchoettlePaul Estridge Jr. owes a list of creditors including banks, suppliers and vendors more than $50 million, but has assets of
less than $5 million, he said.
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April 26, 2011
Scott OlsonThe Estridge Group, which had operated in the Indianapolis area since 1967, has become part of Houston-based David Weekley
Homes. Estridge had struggled in recent months to stay afloat during the severe housing downturn.
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March 19, 2011
Anthony SchoettlePaul Estridge Jr. says he’s in talks with three investors who are interested in keeping his company in business.
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March 17, 2011
Anthony SchoettlePaul Estridge Jr. says potential investors have inquired about helping his homebuilding company. Without millions in capital
and a line of credit, the business could close within a week.
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March 15, 2011
Scott OlsonThe Carmel-based homebuilder said Tuesday that it will shut down if outside investors or a line of credit aren't obtained
soon. The company previously received a cash infusion last June from a group of subcontractors.
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February 17, 2011
Scott OlsonE.Com Technologies LLC, which serves the large Centennial subdivision in Westfield, cannot expand its service territory without
the state agency's permission. Charges of anti-competitive behavior led to the decision.
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October 5, 2010
Scott OlsonThe Estridge Cos. said it is reducing Symphony from a planned 1,400 acres to a size that will closer rival the Carmel-based
home builder’s 436-acre Centennial development, also in Westfield.
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September 16, 2010
Scott OlsonBank of Indiana files complaint against the home builder, alleging it failed to repay a $1 million investment due June 30.
The complaint further accuses law firm Krieg DeVault LLP of malpractice and breach of fiduciary duty.
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September 3, 2010
Scott Olson, Cory SchoutenThe Estridge Cos. has withdrawn a proposal to build a massive youth sports complex in its master-planned Symphony development
in Westfield.
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July 8, 2010
IBJ Staff and Associated PressThe Westfield planning commission has asked city employees to further review the 1,400-acre mixed-use project that could include
thousands of homes, shops, a YMCA and a baseball stadium.
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June 26, 2010
Scott OlsonEstridge Cos.' subcontractors have invested $10 million into the firm led by COO Matt Cohoat and CEO Paul Estridge Jr.—an
infusion that paves the way for them to proceed with
a massive development in Westfield.
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graham. they are even better w/ roasted marshmallows and melted chocolate
Apparently ticket sales are slow too...mas emails have been sent by the speedway in a last ditch attempt to get place fans to come.
Garden Valley Veggie flavor Wheat Thins Toasted Chips. Don't judge until you try them, haters!
Doc, a few important errors in your statements:
(1) The developer is spending the CITY'S money (the city is paying for the cost of the garage), so the city can damn well insist on a quality design.
(2) The LAW requires the proposed building to comply with design standards, and insisting that people follow the law is not giving anyone the "run-around."
(3) A two-week delay to make some minimal aesthetic improvements is hardly a great imposition being imposed on the developer.
(4) If the developer would rather build a crappy building elsewhere with their own money, then they are welcome to pick up and do so.
(4) Indianapolis is a major city, not some podunk town that needs to spread its legs for any developer that throws the place a sideways glance. Indianapolis should insist on the best, not settle for junk. Accepting anything is not going to make Indianapolis grow any faster (not sure where you got that silly notion from), nor is Indianapolis a slow-growth city compared to similarly sized city's in the Midwest.
Alone. Or with cheese.