Third Whitestown I-65 interchange to give developers blank canvas
The launch of a $63 million project to add an interchange and rework another is likely to fuel a new blitz of commercial development in the state’s fastest-growing town.
The launch of a $63 million project to add an interchange and rework another is likely to fuel a new blitz of commercial development in the state’s fastest-growing town.
The Indianapolis Public Library plans to acquire land from the Washington Township school district as part of a years-long effort to build a new Glendale-area branch to replace the one in Glendale Town Center.
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.
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 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.
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.
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.
Officials are estimating the corridor improvements will run $47 million over the project’s original $124 million budget.
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.
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.