Indy Parks said Tuesday that it expects to spend more than $20 million to acquire the 40,000-square-foot facility and avoid shelling out nearly $1 million per year as part of a long-term lease agreement.
The Indiana Gaming Commission voted Thursday not to renew Lucy Luck’s license for a planned casino in Terre Haute after it failed to complete financing for the project.
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.
Logansport-based Steinberger Construction Inc. is investing $1.39 million to open an office in Lebanon, where it hopes to hire as many as 17 workers by the end of 2023.
Gov. Eric Holcomb and Republican legislative leaders revealed a revised state two-year budget Tuesday that invests a historic $1.9 billion in additional funding for K-12 education and provides a healthy boost in economic grants and building projects.
BASE Design-Build Group Inc., which provides mechanical, electrical and plumbing services, announced Thursday that it also will invest more than $900,00 to lease and upgrade its facilities at 2040 S. Lynhurst Dr.
Despite an economy that’s been battered for nearly a year because of the coronavirus pandemic, historically low interest rates and city dwellers seeking more space in the suburbs and beyond has boosted home sales.
The Tribute and Aloft hotels—both of which were announced before the pandemic began—are among the few downtown lodging projects that are continuing to make progress.
American Structurepoint quickly eliminated the possibility of not building or bypassing the downtown completely. Instead, the environmental assessment considered ways in which the road reconstruction project might minimize impacts to an historic district.
The North Split project, which was first announced in 2017, will reconfigure the Interstate 65/Interstate 70 interchange on the northeast side of downtown.
The company excels by letting “our team members do what they’re great at and encouraging them to go for it,” said Andrew Toth, the chief financial officer for the mechanical, electrical, plumbing, building automation systems and service contractor.
The entire project, which is expected to cost up to $9 million, will unfold over the next two decades, but a section in downtown Fishers will open next year.
The decisions about construction are up to developers and construction firms, as the industry is exempt from Gov. Eric Holcomb’s orders that non-essential businesses close and Hoosiers stay home.
