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Estridge Cos.
Homebuilder Estridge files for bankruptcy
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.
MoreEstridge becomes division of national home builder
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.
MoreHome builder Estridge promises to finish homes, fight on
March 19, 2011
Anthony SchoettlePaul Estridge Jr. says he’s in talks with three investors who are interested in keeping his company in business.
MoreEstridge: We need cash to survive
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.
MoreEstridge again seeking investors to avoid closing
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.
MoreComplaints spark IURC to limit telecom’s service territory
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.
MoreEstridge scales back Symphony development in Westfield
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.
MoreBank suing Estridge Cos. for securities fraud
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.
MoreEstridge drops Westfield sports complex, still plans stadium
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 has withdrawn a proposal to build a massive youth sports complex in its master-planned Symphony development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.
MoreWestfield's proposed Symphony development under review
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.
MoreSubcontractors come to Estridge's aid with $10M investment
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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Can IBJ please stop referring to this property as "Kessler Mansion"? What a ridiculous title for the biggest, bloated, blight in our city. It's not a mansion. At best, it's an ideal site to shoot low-budget porn. Ahhh! Another business use!
Its stories like these that prove that a Ball State diploma is worth less than the paper that its printed on. A real institution of higher learning would have taken care of this long ago. No way should this crap be taught in a SCIENCE class.
It is such a shame that King Ballard has made Indianapolis into Chicago south with all of the rampant corruption.
How many of these 1,259 bills were actually heard and voted on on the floor vs how many were shot down in committee?
When a an arrogant young guy with essentially no experience and no qualifications for the job, was dropped into an Administrator position out of nowhere by his "mentor" in the Mayor's office things seemed fishy. Sometimes things are what they seem.