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Building opportunities: CREW Careers offers girls a glimpse into the diverse world of commercial real estate

April 14, 2008

While one college basketball team just completed its journey to a national championship, CREW Network’s women hope they’re on a similar winning path-a path to scoring parity in the male-dominated field of commercial real estate. The Commercial Real Estate Women Network is a national member organization dedicated to the advancement of women in commercial real estate. It has 66 chapters, including one in Indianapolis. In 2005, CREW Network completed the industry’s first comprehensive study of the status of women in…

St. V: ERs needed in suburbs: Traditionally unprofitable service could thrive in two growing areas

April 14, 2008

Building these facilities i n proven “growth markets” such as Boone and Hamilton counties, however, should prove more prosperous, insists St. Vincent CEO Vincent Caponi. A more upscale demographic is the telling factor. Yet, the network of hospitals is not about to abandon its purpose of serving the needy. “That doesn’t mean the poor and underserved aren’t going to be coming to our front door,” Caponi said. “That’s always been part of our mission. We will continue [to], and gladly,…

Energy savings program may not be bright idea: Duke ratepayer groups question complex payment plan

April 14, 2008

Duke Energy ratepayers have asked regulators for more time to study what they describe as an “unprecedented” way of paying for an energy-efficiency program the utility is proposing. They are concerned it might be a better deal for shareholders than customers. North Carolina-based Duke proposed its “save-a-watt” program last fall, arguing it will boost by more than 10 times the energy savings over existing efficiency options for its 777,000 Indiana customers. The program would offer such things as compact fluorescent…

St. Francis thinking green in $42 million renovation: Mooresville hospital features ‘healing’ rooftop gardens

April 14, 2008

Guests attending the April 19 open house at the newly remodeled St. Francis Hospital-Mooresville will get a sneak peak at the facility’s $42 million makeover. The project increases the size of the campus from 258,000 square feet to almost 400,000 and adds everything from a new, eight-bed intensive care unit to two additional adult inpatient nursing units. But perhaps the most innovative touch-at least from an aesthetic point of view-can be found on the roof. Like a handful of other…

Mackey Arena to cost $17M more

April 11, 2008

Purdue University trustees this morning approved a capital improvement budget that includes spending $17 million more on renovating and expanding Mackey Arena than the $82 million anticipated last year. The scope of the project is the same; the additional cost was forced by escalating prices for materials and other construction costs, as well as by […]

Duke to downsize, lay off 45 workers

April 9, 2008

Duke Realty Corp. is laying off 45 employees this week – about 3.3 percent of its work force – as the local company copes with a giant drop in development starts. The layoffs include about 20 workers at the company’s Indianapolis headquarters, leaving about 540 local employees. After the cuts, the company will have about […]

Blockbuster deals drive interest in Anson: Developers seeking Target, theater, home builder

April 7, 2008

Executives at locally based Duke Realty Corp. fielded questions for years about what was taking so long with Anson, a $1.4 billion residential, retail and industrial development along Interstate 65 in Whitestown. Not anymore. A string of blockbuster new tenants including MedcoHealth Solutions Inc. and Amazon.comInc. have fired up interest in the 1,700-acre project, particularly its industrial component known as Allpoints at Anson. Together, the companies plan to invest more than $175 million-Medco is building an automated pharmacy and Amazon…

Premier Properties lays off workers as lawsuits, debt pile up

April 7, 2008

Premier Properties USA Inc. has eliminated about half its headquarters staff–more than 40 employees–as banks seize several
of its properties and CEO Christopher P. White faces a barrage of new lawsuits alleging unpaid bills, defaulted loans, illegally
redirected rent payments and check fraud.

VIEWPOINT: ‘Buy local’ should be rallying cry

April 7, 2008

In recent months, our governor and mayors across the state proudly have announced business developments and out-of-state companies’ plans to expand or relocate in Indiana. They’ve worked overtime to earn these economic boosts, and they’re to be congrat ulated for helping bolster the state and local economy. But we’re ignoring a simple strategy that could yield many more high-paying jobs: Buy local. Here’s the irony: Pursuing this strategy doesn’t have to cost a dime. No recruiting trips to China, no…

Acquisitions make Carmel company nation’s largest underground utility locator

April 7, 2008

A former Indianapolis Water executive who spent the last six years helping the United Nations find food for the starving has
returned and assembled the country’s largest underground utility locator company.

Popular chains show southside love

April 4, 2008

The Broadbent Co. plans to begin construction soon on a new restaurant strip in front of its Greenwood Place shopping center at U.S. 31 South and Shelby Street. The 7,100-square-foot center will include a Dunkin Donuts with a drive thru,…

Initial I-69 bids surprisingly low

April 4, 2008

The lowest bid for building the first leg of the Interstate 69 extension from Indianapolis to Evansville came in at $25.2 million – well below the $41.9 million anticipated by the Indiana Department of Transportation. The bid by Clarksville-based Gohmann Asphalt & Construction Inc. could be a harbinger that the cost of the extension will […]

Developer pulls back on growth to survive precarious economy

March 31, 2008

The CEO of locally based Lauth Group Inc. says most people he knows in the business, even the steely types who always project
optimism, are privately nervous about the economic morass that began with a collapse in subprime mortgages.

VOICES FROM THE INDUSTRY: New architecture contracts bring interesting changes

March 31, 2008

Change. While it is a buzz word that some political candidates throw around like candy, the construction industry is bracing for an important and imminent change of their own. The American Institute of Architects has produced standard contract forms for the construction industry for more than 100 years. Regardless of your perspective on such forms, the AIA forms still are the most commonly used standard forms in the industry. The AIA released their updated and revised set of contract forms…

VOICES FROM THE INDUSTRY: Building a business case for what the city needs next

March 31, 2008

With the deflation of the RCA Dome, Lucas Oil Stadium will become the home of the Colts, the NCAA Final Four and, hopefully, the 2012 Super Bowl. In late October, the new Indianapolis Airport will become the remarkable new gateway to our city. Yes, 2008 should be an amazing year. Then what? Expansion of the Indiana Convention Center and construction of the JW Marriott complex will soon be under way. As we bike around downtown on the Indianapolis Cultural Trail,…

VIEWPOINT: Get on board with transit, or miss the bus

March 31, 2008

The Crossroads of America is at a crossroads-a transportation crossroads. And the direction we choose will affect our area’s competitiveness and economy for decades. It’s imperative that we embrace mass transit. Mass transit matters because it correlates to a key concern for companies planning to move or expand: access to a qualified work force. In choosing a community, companies assess obvious factors such as site acquisition costs and taxation, but even those typically take a back seat to work-force access….

Real-world experience-for real: IUPUI’s Global Design Studio lets students tackle projects around the planet

March 31, 2008

New Orleans and Indonesia are worlds apart, yet linked by devastation from catastrophic floodwaters and by the outpouring of empathy that has ensued. An effort launched four years ago on the campus of IUPUI to involve design students in actual construction projects is responsible for a portion of the good will. The Global Design Studio is helping to rebuild areas ravaged by Hurricane Katrina and, to a lesser extent, the tsunami. Its projects also include renovating a boarding house in…

Construction in the Fast Lane: Flush with Major Moves funding, INDOT streamlines its approach

March 31, 2008

Northern Indiana motorists and Democratic opponents of Gov. Mitch Daniels were screaming bloody murder. Daniels in 2006 convinced the Legislature to lease the vital highway and plum of political patronage-the Indiana Toll Road-to an Australian-Spanish consortium for nearly $4 billion. Some managers at the Indiana Department of Transportation also were screaming-with panic. Despite winning the departmental lottery of all time-an annual budget for new roads would now quadruple from $213 million a year to $874 million by 2015-Daniels wanted 200…

New utility consumer counselor is no stranger: Former Ameritech lawyer may have to reach out and touch consumer watchdogs

March 31, 2008

Consumer groups didn’t get a ponytailed zealot to head the Office of Utility Consumer Counselor. No surprise there. Gov. Mitch Daniels has been fond of appointing ex-industry insiders to lead agencies charged with monitoring those same industries. What the OUCC gets in former Ameritech attorney David Stippler is, at the very least, a man who already knows the utility industry in Indiana. The Evansville native has argued before its regulatory agencies for many years. “They don’t have to forge a…

Terre Haute projects changed to meet rising costs

March 28, 2008

Rising material costs have caused Thompson Thrift Construction Inc. to alter plans for a children’s museum and hotel it is building in Terre Haute, reports The Tribune-Star. Costs for the children’s museum, which is next to a Candlewood Suites that Thompson Thrift also is building, have gone over estimates by 12 percent. The Terre Haute-based […]

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People

Kyle Abram

Articles

Building opportunities: CREW Careers offers girls a glimpse into the diverse world of commercial real estate

St. V: ERs needed in suburbs: Traditionally unprofitable service could thrive in two growing areas

Energy savings program may not be bright idea: Duke ratepayer groups question complex payment plan

St. Francis thinking green in $42 million renovation: Mooresville hospital features ‘healing’ rooftop gardens

Mackey Arena to cost $17M more

Duke to downsize, lay off 45 workers

Blockbuster deals drive interest in Anson: Developers seeking Target, theater, home builder

Premier Properties lays off workers as lawsuits, debt pile up

VIEWPOINT: ‘Buy local’ should be rallying cry

Acquisitions make Carmel company nation’s largest underground utility locator

Popular chains show southside love

Initial I-69 bids surprisingly low

Developer pulls back on growth to survive precarious economy

VOICES FROM THE INDUSTRY: New architecture contracts bring interesting changes

VOICES FROM THE INDUSTRY: Building a business case for what the city needs next

VIEWPOINT: Get on board with transit, or miss the bus

Real-world experience-for real: IUPUI’s Global Design Studio lets students tackle projects around the planet

Construction in the Fast Lane: Flush with Major Moves funding, INDOT streamlines its approach

New utility consumer counselor is no stranger: Former Ameritech lawyer may have to reach out and touch consumer watchdogs

Terre Haute projects changed to meet rising costs