Indianapolis company sees significant opportunity in modular housing
Volumod sees modular housing as one way to tackle Indiana’s affordable housing shortage.
Construction
Articles
Speedway considering gap loan for $35M Wilshaw hotel project
The upscale hotel project across from Indianapolis Motor Speedway has gone through numerous delays since being announced in 2015. A new developer took over in late 2021 but has yet to restart construction.
Area residential builders get off to slow start in 2023
Filings for single-family building permits in central Indiana have fallen on a year-over-year basis for the past 13 months and in 16 of the past 18 months.
Historic Noblesville bridge to be stored at Conner Prairie
The Midland Bridge, which spanned the White River in Noblesville for 130 years, will be stored at Conner Prairie once it is removed and disassembled to make way for the city’s Pleasant Street project.
Biden’s ‘Buy America’ bid runs into manufacturing woes it aims to fix
The initiative intended to promote domestic manufacturing and fuel a blue-collar renaissance is running into a problem: The United States no longer produces many of the items needed to modernize roads, bridges and ports.
Builders say construction-site theft is ‘rampant’
The people who do the stealing range from individuals committing small-time, spur-of-the-moment thefts to organized crews who go from state to state, hitting construction sites and then blowing town.
Hamilton County planning new 911 communications center in Noblesville
Plans call for newly constructed 50,000-square-foot facility to house a dispatch center, emergency management center and a child care facility for Hamilton County employees.
Lawmakers move revolving fund for housing forward without price tag
Lawmakers opted not the include an explicit price tag for a program designed to incentivize affordable housing construction throughout the state before passing the bill through the House Ways and Means Committee on Wednesday.
Glass-wall manufacturer off to fast start after shifting site plans
A Chicago-based building-enclosure manufacturer that dropped plans to construct a $9.3 million plant in northwest Indiana has instead taken up shop in Indianapolis and already hired 70 workers.
Indiana lawmakers gear up for debate over repealing certain floodplain requirements
Property owners and environmental advocates are clashing over a bill that would repeal a requirement for local officials to use the latest statewide floodplain maps when deciding new construction projects.
Indianapolis construction biz relocates subsidiary to Lebanon
Johnston Quick Mix is an operating unit of Indianapolis-based Mattingly Concrete Inc., which was founded in 1987 by Dan and Liz Mattingly.
Eastbound Interstate 70 set to reopen through North Split, INDOT says
Westbound lanes of I-70 through the North Split aren’t expected to reopen to motorists until the end of January, weather permitting.
IU Health expands plan for downtown hospital, pushing price tag to $4.3B
Indiana University Health said Monday the cost of its new downtown hospital complex will now top $4 billion, an increase of 60% over previous estimates, due to higher construction costs and a major increase in the number of patient rooms.
Area homebuilders see 11th straight month of falling permits
Interest in new homes in central Indiana continued to slow dramatically last month, according to the latest statistics from the Builders Association of Greater Indianapolis.
Stadium construction manager with Indy ties pays $1.9M over minority hiring
Construction of the 9,500-seat, $160 million stadium in Worcester was managed by Gilbane/Hunt, a joint venture of Gilbane Building Co. of Providence, Rhode Island, and Aecom Hunt Construction Group Inc. of Indianapolis.
These IPS school buildings set for upgrades if $410M capital referendum passes
If approved by voters, the referendum will authorize the district to issue bonds, which will yield an estimated $410 million for construction projects.
City to spend $20M on West Washington Street following Blue Line shift
The infrastructure-improvement project is smaller than the $50 million plan that IndyGo dropped after an October board decision to alter plans for the Blue Line rapid-transit bus line on the west side.
Boone County looks to add housing to match rapid growth
With the county experiencing the second-highest growth rate in Indiana, builders and apartment developers have not been able to meet the increasing demand for affordable and workforce housing.
Heartland Ventures closes $52M investment fund
The Ohio-based venture firm, which gets its funding from Indiana and Ohio companies, invests in tech startups developing products that can benefit those Midwestern investors.
Developer plans 192-unit senior living community near Grand Park Sports Campus
If approved, Traditions at Grand Park would be developed near the intersection of West 186th Street and Kinsey Avenue.