Masco Support Services, which operates from a 125,000-square-foot warehouse at 300 S. Carroll Road on the city’s far-east side, will begin phasing out operations on April 8.
-IL & IN Restaurant Realty bought 1.35 acres at 9750 North by Northeast Blvd., Fishers. The price was not disclosed. The buyer, the central Indiana franchisee for International House of Pancakes, is beginning construction of an IHOP at the site. The buyer was represented by Chris Hake and Tony Orlando of Thompson Thrift. The seller, Kincaid Holdings LLC, represented itself.
-MJT Management bought three-quarters of an acre at the southeast corner of Southport Road and Rampart Drive in front of a Meijer store. The price was not disclosed. The buyer, which plans to build a Rally’s restaurant on the site, was represented by Chris Hake of Thompson Thrift. The seller, Meijer Stores Limited, represented itself.
-Resource Planning Group bought a 1,400-square-foot business condo at 12574 Promise Creek Lane, Fishers. The price was not disclosed. Both the buyer and seller, Promise Road Business Park, were represented by Paul Dick of Colliers International.
Construction is in the blood of Mamon Powers III. In 1967, the eldest Mamon Powers, whose father had worked in construction, founded Powers & Sons Construction Co. Mamon Powers Jr., now the company’s CEO, joined four years later. And at 31, Mamon Powers III serves as vice president in charge of the Indianapolis office.
Michael Huber doesn’t get a lot of praise in his job. As Indianapolis’ deputy mayor for economic development, the 35-year-old’s phone calls and e-mails mostly come from people who want something.
If Union Station was linked to an urban transportation system extending from downtown to the Hendricks County border, workers in the gargantuan warehouses west of Indianapolis would have access to a reliable transit system.
Indiana highway officials say construction of the $500 million Hoosier-Heartland Corridor connecting Fort Wayne and Lafayette is ahead of schedule and under budget.
An Indiana House committee split along party lines to approve a bill that would cut jobless benefits for some people starting next year as the state tries to fix its insolvent unemployment insurance system.
Hoosier Village Retirement Center in Zionsville announced plans Monday morning for a $32 million project that will expand its campus and allow the center to add 50 full-time workers.
Construction is set to begin soon on Community Health Pavilion, a three-story, 55,000-square-foot medical building to be built on six acres at 7910 E. Washington St.
The company last month broke ground on an 8,000-square-foot medical building near 86th Street and Allisonville Road. The project is the first of three buildings it plans to develop as part of Gardens at Castle Creek.
-Charles C. Brandt Construction Co. completed a 2,400-square-foot tenant build-out in Fashion Mall Commons, 8487 Union Chapel Road, Suite 300, for the relocation of The Cheese Shop from the Fashion Mall at Keystone at the Crossing.
-Primus Builders Inc. has been awarded the design/build contract for an expansion of an Americold Logistics facility at 3320 S. Arlington Ave. The project, which involves 100,000 square feet of new construction, is scheduled to be completed in late 2011.
An Indiana lawmaker worried about the dangers posed by retention ponds wants nearby homeowners to foot the bill of erecting safety barriers such as guardrails.
The Indianapolis office market suffered through a tough 2010, marked by stagnant and high downtown vacancy rates, falling suburban occupancy rates and another year without construction activity.
The ongoing rehab of Interstate 465 will continue to be the biggest highway project in the metro area in 2011, but the rebuilding of an 11-mile segment on the west side could be all but finished by the end of the year—just when other significant highway projects will get under way in the metro area.
