Home construction jumps nationally
Housing starts are up 25 percent from their bottom in April 2009. But they remain 74 percent below their peak in January 2006.
Housing starts are up 25 percent from their bottom in April 2009. But they remain 74 percent below their peak in January 2006.
The number of building permits filed in the nine-county metropolitan area dropped by 18 percent in August from the same time a year ago, falling from 354 to 290. The drop marks the third consecutive month permits have fallen.
The Ninth Circuit Court of Appeals has made it official: You don’t own your software if the software maker says you don’t own it.
What makes a developer think he can win approval for one design and construct an entirely different building? How did no one at the city notice until the structure was almost complete? What happens now?
Developer Jeff Sparks met with city planners Oct. 1 to propose fixes to the apartment project at Capitol Avenue and St. Clair Street.
The real estate bust and a drought in transactions make values all but impossible to gauge.
The state's fire marshal issued an emergency order Thursday barring occupancy of the DiRimini apartment project after the developer apparently continued to move in residents in defiance of city orders.
Brazen violations of city design guidelines and state building codes by the developer of the Di Rimini apartments cast a spotlight on what is essentially an honor system of regulation for developers once they win approval for their projects.
The saga of the Di Rimini apartments is a cautionary tale, and one Indianapolis officials would do well to heed.
Gov. Mitch Daniels has accepted the resignation of Indiana Alcohol & Tobacco Commission Chairman P. Thomas Snow.
More than three years after sparking an uproar by issuing BP a permit allowing it to discharge more pollution from its Whiting refinery, Indiana is still issuing permits under the same problematic set of rules that played a role in that 2007 controversy.
Locally, building permits were up 17 percent in the nine-county area, from 222 in November 2009 to 259 in November 2010.
Building permits filed for new homes in the nine-county Indianapolis area rose just 2.6 percent in 2010, to 3,720. That’s just 95 more homes than in 2009—the worst year for local home construction in more than a quarter century.
Building owners or developers use the Indiana Industrial Recovery Income Tax Credit to reduce their costs in restoring or rehabilitating dinosaur industrial structures.
A vigorous effort by city officials to enforce building-safety codes has some concerned that it’s becoming tougher to revitalize older properties.
A panel of Indiana Court of Appeals judges on Monday will consider a complaint from the Indiana Association of Beverage Retailers, which insists too many competing drugstores are receiving beer permits.
There's a new landmark at the Angie's List campus just east of downtown: A restored 1937 diner.
After Tammy and Tony Hanna each lost a parent to cancer, the couple took $175,000 from their parents’ life-insurance policies to start Hanna’s Wrecker Service. It opened in October 2008 with five trucks and 13 employees, and now has seven trucks and 17 workers, and plans to move to a larger site that will allow for additional growth.
Carmel-based team is building a 12,000-square-foot addition at its headquarters that will house a state-of-the-art machine shop outfitted with high-tech milling machines manufactured by Indianapolis-based Hurco Cos.
Home building in the Indianapolis area fell by more than 30 percent n January over the same month of 2010.