Homebuilders

Duo creating waves in older Indy neighborhoodsRestricted Content

July 12, 2014
Cory Schouten
A Realtor and builder are buying north-side homes to be overhauled and sold for big prices, dividing neighbors over the value of gentrification.
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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Old standbys are have been replaced by new features and colors.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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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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Carmel selling vacant land in Old Town neighborhood

May 14, 2014
Andrea Muirragui Davis
The Carmel Redevelopment Commission is accepting offers for an undeveloped parcel of land in the city's resurgent Old Town neighborhood, near a planned expansion of a popular subdivision.
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Homebuilders see third straight month of rising demand

May 14, 2014
On a year-over-year basis, home-construction permit filings in the nine-county area have risen in 13 of the last 16 months.
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Area home- construction permit filings back on the rise

April 15, 2014
 IBJ Staff
The central Indiana home-construction industry saw its second straight month of improving activity in March following a bitter winter that slowed business.
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Expensive homes selling quickly in Indianapolis areaRestricted Content

March 29, 2014
Pricier houses are vanishing from the market faster than less-expensive homes due to a temporary bottleneck caused by rising demand and a slow recovery by builders.
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Bloomington council backs Habitat neighborhood

March 27, 2014
Associated Press
The Bloomington City Council is giving permission to a Habitat for Humanity group to develop a neighborhood with 35 homes.
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Home construction ticks up amid harsh weather

March 18, 2014
 IBJ Staff
The central Indiana home-construction industry saw a small rise in business in February, the Builders Association of Greater Indianapolis reported Tuesday.
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Village of West Clay developer suspending operations

March 12, 2014
Andrea Muirragui Davis
Brenwick Development Co. claims a switch in lenders has halted about $7 million in land sales in the mammoth mixed-use community in Carmel. The firm has filed suit against the banks.
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Home starts flat in frigid January

February 13, 2014
Homebuilders filed roughly the same number of building permits in central Indiana last month, 300, that they did in January 2013. The severe winter weather has kept builders at bay, the Builders Association of Greater Indianapolis said.
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Homebuilders see second straight drop in permit filings

December 17, 2013
 IBJ Staff
Despite the monthly decline, year-to-date permit filings are up 18 percent over 2012. This year's number through 11 months has already exceeded 2012's full-year total.
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Commercial blitz may follow Westfield's housing boom

December 14, 2013
Andrea Muirragui Davis
Poised for a development boom in those heady days before the real estate market collapsed, Westfield appears back on track for growth. Residential activity never stopped, but builders are picking up the pace in response to increasing demand. If history holds true, a commercial construction blitz will come next.
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U.S. home permits rise at 5-year high on apartments

November 26, 2013
Associated Press
U.S. developers received approval in October to build apartments at the fastest pace in five years, a trend that could boost economic growth in the final three months of the year.
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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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Homebuilder Estridge plans return after landing $25M

October 18, 2013
 IBJ Staff
Paul Estridge Jr. says he is returning to the home-building business after securing $25 million from a private-equity firm in North Carolina. The venture's first project will be Harmony, a 270-acre community in Westfield.
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Local homebuilders see mild increase in permit filings

October 15, 2013
 IBJ Staff
Single-family-building permit filings rose 8 percent in the nine-county area in September, marking the 15th straight month of year-over-year increases, the Builders Association of Greater Indianapolis reported Tuesday.
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Home-A-Rama back after five-year layoff as market improves

October 9, 2013
Scott Olson
With the housing market on the mend, the Builders Association of Greater Indianapolis decided the time was right to reintroduce the show, which gives the public an opportunity to tour newly built custom homes.
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Paul Estridge Sr., founder of home builder, dies at 79

September 26, 2013
 IBJ Staff
The Broad Ripple High School graduate took a flyer on building custom homes in 1967 and created an empire in the city's northern suburbs.
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Indianapolis-area homebuilding filings rise 13 percent

September 18, 2013
 IBJ Staff and Associated Press
Single-family-building permit filings in the nine-county area saw their 14th straight month of year-over-year increases in August, the Builders Association of Greater Indianapolis announced Wednesday.
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New homebuilders take root in Indy after downturn

August 31, 2013
Scott Olson
Out-of-state builders scooped up lots during the housing downturn, and now are watching their gambles pay off as they become major local players.
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Indianapolis-area homebuilding filings jump 35 percent

August 12, 2013
 IBJ Staff
Year-to-date, local single-family-building permit filings have risen 27 percent from the same period a year ago.
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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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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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  1. I am a Lyft driver who is a licensed CDL professional driver. ALL Lyft drivers take pride in providing quality service to the Indianapolis and surrounding areas, and we take the safety of our passengers and the public seriously.(passengers are required to put seat belts on when they get in our cars) We do go through background checks, driving records are checked as are the personal cars we drive, (these are OUR private cars we use) Unlike taxi cabs and their drivers Lyft (and yes Uber) provide passengers with a clean car inside and out, a friendly and courteous driver, and who is dressed appropriately and is groomed appropriately. I go so far as to offer mints, candy and/or small bottle of water to the my customers. It's a mutual respect between driver and passenger. With Best Regards

  2. to be the big fish in the little pond of IRL midwest racin' when yer up against Racin' Gardner

  3. In the first sentance "As a resident of one of these new Carmel Apartments the issue the local governments need to discuss are build quality & price." need a way to edit

  4. As a resident of one of these new Carmel Apartments the issue the local governments need to discuss is build quality & price. First none of these places is worth $1100 for a one bedroom. Downtown Carmel or Keystone at the Crossing in Indy. It doesn't matter. All require you to get in your car to get just about anywhere you need to go. I'm in one of the Carmel apartments now where after just 2.5 short years one of the kitchen cabinet doors is crooked and lawn and property maintenance seems to be lacking my old Indianapolis apartment which cost $300 less. This is one of the new star apartments. As they keep building throughout the area "deals" will start popping up creating shoppers. If your property is falling apart after year 3 what will it look like after year 5 or 10??? Why would one stay here if they could move to a new Broad Ripple in 2 to 3 years or another part of the Far Northside?? The complexes aren't going to let the "poor" move in without local permission so that's not that problem, but it the occupancy rate drops suddenly because the "Young" people moved back to Indy then look out.

  5. Why are you so concerned about Ace hardware? I don't understand why anyone goes there! Every time ive gone in the past, they don't have what I need and I end up going to the big box stores. I understand the service aspect and that they try to be helpful but if they are going to survive I think they might need to carry more specialty parts.

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