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Demand for new homes still growing despite rising construction costs

May 20, 2021 | IBJ Staff and Associated Press

Builders in the nine-county Indianapolis area are seeing their busiest year since 2005 despite soaring lumber prices and snarled supply chains that have made it difficult to get products to complete new homes.

Taxpayer files second legal challenge to new emergency-powers law

May 18, 2021 | Marilyn Odendahl / The Indiana Lawyer

The suit challenges a new law that gives the Legislature the power to call itself into a special session whenever the governor declares a state of emergency that “the legislative council determines has a statewide impact.”

Study recommendations will help tackle eviction crisis

May 14, 2021 | Leslie Bonilla Muñiz

An almost 30-page policy agenda and a nearly 20-page action plan tackles the city’s diminishing stock of quality affordable rental housing.

Residential growth tear in Westfield continues as 1,000 new homes are proposed this month

May 13, 2021 | Kurt Christian

After a record-breaking year for residential building permit approvals in 2020, the city of Westfield continues to field developers’ neighborhood proposals for more than 1,000 homes in a given month.

Bates-Hendricks seeing flurry of commercial development

May 7, 2021 | Susan Orr

The neighborhood just south of downtown has been one of the city’s emerging residential hot spots the past several years—and commercial developers are taking notice.

Governor signs controversial wetlands bill into law

April 29, 2021 | Susan Orr

The bill, which scales back protections on Indiana wetlands, had gained support from the Indiana Builders Association, but numerous environmental, conservation and civic groups opposed it.

Democrats, activists call on governor to veto wetlands bill

April 25, 2021 | Associated Press

All Democratic members of the General Assembly, as well as a member of the Senate Republican Caucus, urged the Republican governor to veto the bill in a letter sent last week.

Inside the tussle between two of Indy’s retail icons

April 23, 2021 | Greg Andrews

The fate of a Steak n Shake that has been a fixture in Nora for more than 40 years may rest on how much slack a local judge will give the Indianapolis-based company. But a court ruling against the company could clear the way for a new Crew Carwash.

Real Estate Weekly: News notes, 04/20/21

April 20, 2021

These news notes appeared in IBJ’s Real Estate Weekly on April 20, 2021.

Wetlands deregulation bill advances to Indiana governor

April 14, 2021 | Associated Press

Lawmakers gave final approval Wednesday to a disputed bill seeking to remove protections from Indiana’s already diminished wetlands amid mounting criticism that the legislation could cause damage to the state’s waterways, wildlife and vegetation.

Controversial Indiana environmental bills inch near passage

April 14, 2021 | Associated Press

Lawmakers approved two environmental bills Tuesday that critics say could damage the state’s ecosystems by scaling back current policy affecting water, energy and other resources.

5 Home remodeling trends to watch for in 2021

April 8, 2021 | Associated Press

Open floor plans are out; dedicated spaces for remote work and learning are in. Yards are being transformed into entertainment spaces and walls are being repainted.

Indiana lawmakers dial back controversial wetlands bill

April 7, 2021 | Associated Press

Although the bill still broadly reduces wetlands protections, the Hoosier Environmental Council called the amendment “much less damaging” than the Senate-passed version of the bill.

Supreme Court skeptical of NCAA’s case for withholding benefits from student athletes

March 31, 2021 | The Washington Post

In 90 minutes of arguments held via teleconference, justices across the ideological divide grilled the NCAA’s lawyer and repeated criticisms that the organization invokes its defense of amateurism as a way to increase profits while keeping its labor cost low.

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