Copper set for biggest annual gain since 2009 on supply bets
The rise is being fueled by near-term supply tightness and bets that demand for the metal key in electrification will outpace production.
Construction
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Ritz-Carlton development would add to Indy’s growing roster of luxury hotel offerings
Projected to open in 2028, the 170-room Ritz-Carlton is expected to be one of the most upscale hotels in central Indiana, along with the InterContinental Indianapolis and the Conrad Indianapolis.
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Q&A: Architecture firm is first in state to use employee trust ownership model
Luke Leising founded and leads Guidon, which has more than 90 employees and specializes in designing buildings for medical professionals and hospital campuses.
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New-home applications fall for 4th month in row in central Indiana
The year-over-year decline was the sixth during the first 11 months of 2025 following a streak of 20 straight months of rising applications.
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Wally’s hoping to open $30M travel center off I-65 in Boone County by Memorial Day
The Whitestown site will be home to Wally’s third and largest travel center.
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Articles
CIB selects Shiel Sexton for soccer stadium pricing, construction duties
In addition to planning and budgeting, Shiel Sexton will also play a role in the design of the proposed stadium along with Populous Design and would oversee construction if the development advanced.
New-home applications fall for 3rd month in row in central Indiana
Four of the area’s nine counties saw increases in filings, but usual home- construction hotbeds Hamilton County and Marion County experienced decreases.
Archaeologists complete excavation for planned Henry Street bridge
The total number of grave shafts found on the former cemetery site was about 2.5 times the initial estimate by the city. Construction on the $40 million Henry Street Bridge can now continue, but archaeological work on the remains is far from over.
Homebuilders hope new fees yield quicker approvals
The Department of Business and Neighborhood Services will more than double the cost for some permits next year, including those for building a new home or commercial structure in Indianapolis.
New-home applications fall for 2nd month in row in central Indiana
Only three of the area’s nine counties saw increases in filings, including Hamilton County, which broke a six-month streak of declines.
Kentucky-based construction wholesaler expanding to Indianapolis
The Lexington-based company will occupy an 83,000-square-foot building on the northwest side of Indianapolis and plans to hire 30 workers over the next six months.
$40M war memorial, designed by local firm, finally under construction in DC
After a nearly 15-year journey involving one of central Indiana’s largest architectural firms, construction is finally underway on a memorial in Washington, D.C., that will honor veterans of the Gulf War.
Noblesville City Council OKs plan for more than 300 new houses
Fishers-based Boomerang Development LLC and the Indianapolis offices of David Weekley Homes and Lennar Homes of Indiana are involved in the project.
Indiana-based Fiber Global planning $29.4M plant, 100 jobs in Boone County
Fiber Global Inc.’s flagship product, Forged Fiber Board, is manufactured from reclaimed corrugated cardboard and bio-based resin.
Michigan creates extra marijuana tax to fund governor’s plan to ‘fix the damn roads’
The Michigan Senate Fiscal Agency predicted a 14.4% decline in marijuana sales because of the tax.
White River State Park returns $30M crane bay grant to Lilly Endowment
A demolition ended plans to turn the crane bay structure into an events pavilion that could host farmers markets, weddings, corporate gatherings and other activities.
Shelbyville residential construction skyrockets thanks to lower land costs and growing infrastructure
The city now has five developments under construction, in addition to new retail offerings and infrastructure improvements.
Appeals court sides with property owners, denies Noblesville excavation biz a zoning variance
The opinion upheld a lower court ruling that a Noblesville board erred when it passed a zoning variance for Beaver Gravel Corp. to establish an excavation mine on 68 acres of farmland.
Caterpillar planning to open facility at former BorgWarner building in Noblesville
BorgWarner closed the 103,000-square-foot facility, which was built in 2018, earlier this year as part of restructuring efforts.
McCordsville sues Daniel’s Vineyard, alleges breach of development contract
The lawsuit alleges the business has failed to meet architectural standards for its primary building, which was originally built to be a storage barn.
New-home applications see sharp August decline in central Indiana
The year-over-year decline in single-family building permits was the first since March in the nine-county area.
IndyGo planning new bus docking bays by Carson Transit Center, eliminating street parking
The canopied platform for rapid-transit buses along East Washington Street will be long enough to accommodate two 60-foot articulated buses.
Eli Lilly to build $5B plant in Virginia—first of 4 U.S. sites to be named this year
Indianapolis-based Lilly said the new plant would create more than 650 jobs in Virginia for engineers, scientists, operations personnel and lab technicians, as well as 1,800 construction jobs.
Historic commission withholds vote on $80M Bottleworks office building
Citing concerns about traffic flow and visibility of a parking garage, the Indianapolis Historic Preservation Commission tabled its decision on the building’s designs until at least October.