PulteGroup is embarking on a large residential development in Plainfield that provides one of the clearest signals yet that the local housing market is on the mend.
For all of 2014, U.S. builders started construction on 1.01 million new homes and apartments. It was the first time construction has topped 1 million since the height of the housing boom in 2005.
A three-judge panel rejected arguments by Jordyn Polet of Cincinnati that the liability cap violates the Indiana constitution and that she wasn't treated the same as other claimants who sued the state.
Builders filed 386 single-family building permits in the nine-county metro area last month. That’s the highest number in November since 500 permits were filed seven years ago.
The new Red Cross building on North Meridian Street will be about half the size of what the not-for-profit originally proposed, leaving space for another development on the property.
Last year’s residential building boom in the Village of West Clay has proven to be short-lived, as an ongoing dispute between the developer and its lenders halted land sales in the upscale Carmel neighborhood.
Financial Center Federal Credit Union is pursuing a state charter in hopes of becoming a bigger player in Indiana’s financial services sector, a move that echoes a recent national trend of credit unions opting for state charters over federal ones.
Former Indianapolis Mayor Steve Goldsmith is hailing a new government management system adopted by Indiana that can better use troves of government data and predict how tax dollars should be allocated.
Since 2002, Indiana has created more than 40 new professional requirements, including 20 new licensed occupations, while eliminating only three licensure requirements and regulatory mandates.
Apartment construction has surged 19.2 percent in the past 12 months. Meanwhile, single-family starts have risen just 4.2 percent. The shift among builders to increased apartment building is a sign that a rising share of Americans will be renters, rather than homeowners.
A lawsuit filed by two paper companies and an Indianapolis resident seeks to invalidate a city agreement with Covanta to build a $45 million recycling center.
In a campaign to enter the hard liquor business, Monarch Beverage Co. is pursuing a new tactic that takes aim at state regulators. Indiana’s largest beer distributor has accused the Alcohol and Tobacco Commission of letting politics influence its decisions.
The State Board of Education approved new rules Wednesday for teacher licensing that make it easier for college graduates without education degrees to get jobs in Indiana classrooms.
Brad Davis and Paul Estridge Jr. belong to a select fraternity. They’re prominent Indianapolis homebuilders whose companies faltered during the housing downturn, only to re-emerge in another incarnation.
U.S. home construction rebounded in July, rising to the fastest pace in eight months and offering hope that housing has regained momentum after two months of declines. Construction faltered, however, in the Midwest.
