Area new-home construction filings jumped 12% last month, marking the 11th time in the last 13 months that filings have risen on a year-over-year basis.
City, Kite reach deal for $550M Pan Am Plaza project—with up to 2-year delay
The city will not subsidize construction of Kite’s two hotels on the site but will ask the City-County Council to authorize a $150 million bond to finance an addition to the Indiana Convention Center.Read More
Justice center project hitting minority-contracting targets, but are they too low?
Roughly $162 million has been committed so far to minority-owned businesses helping to build the city’s $575 million criminal justice center complex in the Twin Aire neighborhood.Read More
Locals on hook for State Road 37’s cost overruns in Hamilton County
Officials are estimating the corridor improvements will run $47 million over the project’s original $124 million budget.Read More
Carmel preparing to add 11 roundabouts over next two years
The City of Carmel—already the self-proclaimed “Roundabout Capital of the United States”—on Monday released a list of intersections it plans to convert beginning this summer.Read More
The innovation hub, expected to open early next year, is part of a $500 million, 50-acre campus along Indiana Avenue. The hub’s new name is a nod to the site’s history as the former Citizens Water headquarters.
The project, which includes plans for a $125 million expansion of the Indiana Convention Center, would also create 2,500 construction jobs before completion in 2025.
The project, expected to cost as much as $550 million to construct, has been in the works for years as Kite and the city worked to reach an agreement.
Over the past decade, developers have proposed nearly a dozen new subdivisions within a couple of miles of the 146th Street and Towne Road intersection.
Permit filings had been on the rise in nine of the last 10 months before pandemic-related issues finally took a toll on numbers last month.
Believe in Indiana, a political action committee connected to the Indiana State Building & Construction Trades Council, has spent more than $51,000 to run TV commercials that criticize JR Gaylor, CEO of the Associated Builders and Contractors of Indiana and Kentucky, who is running against Scott Baldwin in the Senate District 20 primary.
The change to the way tax incentives are awarded is part of the city’s quest to achieve “inclusive economic growth” by growing opportunities for the city’s middle class and poor, and came as the result of years of research.
The project, similar to one under way on the east side of Indianapolis, will close lanes in both directions over different periods starting May 22.
The $20 million project a block west of the Monon Trail would include an interior parking garage and a 2,600-square-foot rooftop deck.
The problem is that our current systems—the ones that do everything from keeping grocery stores stocked to hospitals functioning—are optimized to work very, very efficiently under normal conditions. But not necessarily when things go sideways.
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.
The Capital Improvement Board is significantly scaling back the first phase of a $360 million Bankers Life Fieldhouse renovation as uncertainty about working conditions and the NBA season have thrown a wrench into the construction schedule.
With the ongoing spread of COVID-19 in Indiana, many regular aspects of life have come to a halt, but one normalcy is continuing: road construction.
The Indiana Department of Transportation said it was accelerating planned construction on the interstate while traffic is down about 40%.
The construction industry is exempt from Gov. Eric Holcomb’s orders that non-essential businesses close and Hoosiers stay home.
Little League International has postponed this year’s planned opening of its Central Region headquarters, citing construction delays, not the coronavirus pandemic.
The trend toward commercial structures has been driven largely by modern churches’ desire to operate in heavily populated areas, to be closer to pockets of potential members, he said.
A trio of hotels in downtown’s construction pipeline have stalled in recent months, raising questions about whether they will ultimately move forward.
The long-planned $500 million project is at a pivotal moment—one its organizers say could serve as a catalyst for tremendous growth at the 50-acre campus and for central Indiana overall.