Indianapolis-based F.A. Wilhelm Construction Co. Inc. has been chosen to build a street-level enclosed connector linking the Indiana Convention Center to Lucas Oil Stadium, the Indiana Stadium & Convention Building Authority announced yesterday afternoon. Wilhelm, which bid $11.8 million for the project, submitted the lowest bid of six companies vying for the work, said Lori […]
The anchor tenant in the Binford Medical-Professional Office Complex at the corner of 65th Street and Binford Boulevard has closed temporarily, citing a lack of other tenants in the high-profile medical building. The shut-down is the latest in a string of setbacks for what was to have been a five-building, $29 million development. The Binford […]
Normal 0 false false false MicrosoftInternetExplorer4 Indianapolis-based F.A. Wilhelm Construction Co. Inc. has been chosen to build a street-level enclosed connector linking the Indiana Convention Center to Lucas Oil Stadium, the Indiana Stadium & Convention Building Authority announced this afternoon. Wilhelm, which bid $11.8 million for the project, submitted the lowest bid of six companies […]
Organizations hosting events at Lucas Oil Stadium already expected to pay more than they did at the RCA Dome, but some fear the Capital Improvement Board’s financial difficulties could drive costs even higher. The concern is greater for not-for-profits operating on tight budgets that likely will pay at least 25 percent more to use the […]
Normal 0 false false false MicrosoftInternetExplorer4 Organizations hosting events at Lucas Oil Stadium already expected to pay more than they did at the RCA Dome, but some fear the Capital Improvement Board’s financial difficulties could drive costs even higher. The concern is greater for not-for-profits operating on tight budgets that likely will pay at […]
Butler University will have $153 million in hand by May 31 when it wraps up its latest fund-raising campaign, the Indianapolis institution announced. That total will easily exceed Butler’s original goal of $125 million when it started the campaign five years ago. The campaign, dubbed ButlerRising, drew pledges from nearly 20,000 donors. Two of the […]
Creating a self-contained community on 1,700 acres of farmland could take much longer than the 15 to 20 years Duke Realty
Corp. predicted.
Locally based Flaherty & Collins Properties plans to build retail and residential space on land that surrounds two downtown public housing towers.
Merchants Bank of Indiana, whose main office is in Carmel, books better numbers than any other Hoosier bank.
Indianapolis still looks like a city with momentum, despite the dismal economy. But appearances can be deceiving.
These days, many of the nation’s biggest banks need bailouts to avoid bankruptcy. But plenty of institutions far from the limelight of New York and other banking centers continue to make money and manage their affairs well. Which Indiana-based bank does it best? Merchants Bank of Indiana, whose main office is in Carmel, books better […]
Indianapolis still looks like a city with momentum, despite the dismal economy. But appearances can be deceiving. A quick tour reveals what would seem to be progress. One wouldn’t expect to see construction cranes swinging over downtown, not with bank credit frozen and the commercial real estate sector bracing for a wave of foreclosures later […]
Creating a self-contained community on 1,700 acres of farmland could take much longer than the 15 to 20 years Duke Realty Corp. predicted. The Indianapolis-based real estate company has been working since 2003 on Anson, its ambitious mixed-use development in southeastern Boone County. Anson could become the largest neo-urban-style community in the state. But as […]
The Indianapolis Housing Agency has selected Flaherty & Collins Properties to lead an effort to develop land that surrounds two downtown public housing towers. The group’s board picked the locally based developer from five contenders at a meeting yesterday afternoon. The parties still must negotiate a development agreement with details, including the price for three […]
The Indianapolis Housing Agency has selected Flaherty & Collins Properties to lead an effort to develop land that surrounds two downtown public housing towers. The group’s board picked the locally based developer from five contenders at a meeting this afternoon. The parties still must negotiate a development agreement with details, including the price for three […]
The city of Indianapolis has selected seven local organizations to help launch neighborhood revitalization projects funded by $29 million in federal money, the city announced today. Normal 0 false false false MicrosoftInternetExplorer4 Federal lawmakers approved the funds late last year to help neighborhoods recover from the effects of widespread foreclosures. The city’s Redevelopment Planning Council […]
The developers of the new JW Marriott hotel complex gave photographer Robin Jerstad and me a tour of the $425 million project earlier this month….
A part-time construction job sturdied Orva Fry’s financial foundation after he was laid off from a northern Indiana recreational vehicle factory. It also kept the 41-year-old Amish father of two on steady spiritual ground. Another way to make ends meet that Fry briefly considered – unemployment checks – went against his faith, which shuns all […]
Someone once told me it’s easy to run an organization when times are good.
It’s when times are tough that things get difficult. Well, we’re definitely there.
The 32-year-old developer Lauth Group Inc. likely will survive in some form if the company can find financing to get it through
a Chapter 11 reorganization and if the real estate market doesn’t take too long to turn around, experts said.
