Bottleworks, justice campus among projects moving forward despite coronavirus closures
The construction industry is exempt from Gov. Eric Holcomb’s orders that non-essential businesses close and Hoosiers stay home.
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Little League delays opening of regional HQ in Whitestown by one year
Little League International has postponed this year’s planned opening of its Central Region headquarters, citing construction delays, not the coronavirus pandemic.
Growing churches look to retail spaces, office buildings for expansions
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.
Three downtown hotel projects delayed amid development glut
A trio of hotels in downtown’s construction pipeline have stalled in recent months, raising questions about whether they will ultimately move forward.
First 16 Tech office building set to open in June; Innovation Hub to follow
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.
Carmel City Council directs panel to review Hotel Carmichael cost overruns
The Carmel City Council on Monday voted to have its four-person finance committee look into what led to $18.5 million in cost overruns on the Hotel Carmichael project. It rejected a proposal have the entire council involved in the review.
U.S. construction spending rises to record level
Spending on U.S. construction projects rose 1.8% in January, helped by strong gains for home construction and government building projects.
U.S. home construction dips 3.6% in January
The U.S. Commerce Department reported that builders started construction on 1.57 million homes, a decline of 3.6% from 1.63 million units in December. That had been the highest point since late 2006 at the peak of the housing boom of the last decade.
Justice center’s first building—a center for addictions, mental health—nears completion
The city is just six months from a tentative opening for the first piece of the justice campus project, the 37,000-square-foot Assessment and Intervention Center. Construction on other buildings in phase one is well underway, and the city has started planning for phases two and three.
Huge cost overruns on Carmel hotel fuel questions about construction costs
The cost of the 122-room, city-backed hotel has swelled to $58.5 million, up from $40 million when the Carmel City Council green-lighted it two years ago. Some councilors have called for an audit to dig into the details.
Noblesville Schools plans new $14M football, track stadium
The district said the facility will be built behind Noblesville High School on Field Drive, replacing a former transportation building.
Developer plans eighth floor, 39 more rooms for downtown hotel project
Original plans called for a 99,000-square-foot, seven-story building with 104 Moxy rooms and 102 AC Hotel rooms. The new plan includes 126 Moxy and 119 AC rooms in a structure of just more than 113,000 square feet.
Indiana’s northern neighbor to borrow $3.5B to fix roads
Calling her state’s roads “the most beat up and dangerous in the country,” Michigan Gov. Gretchen Whitmer announced Wednesday that she will borrow $3.5 billion to rebuild deteriorating highways and bridges over five years.
CIB approves $62 million in contracts for Fieldhouse overhaul
The board approved eight bids—mostly to local firms—for the first and second phases of the $360 million project.
Developer, town of Speedway locked in fight over stalled Wilshaw hotel project
Correspondence obtained by IBJ between town officials and the developer reveal a tug of war over information on the hotel’s status and a disagreement over whether the company has violated a project agreement.
Indianapolis-area homebuilders end 2019 with second-half surge
A big December was not quite enough to make last year’s construction pace exceed 2018’s. It was the first year since 2011 that fewer single-family building permits were filed in the area than in the previous year.
Martinsville highway closure planned for I-69 extension work
State highway officials expect to close a section of the main route between Indianapolis and Bloomington for 10 months in 2021 during work on the next stage of the Interstate 69 extension project.
Speedway officials seek remedy for delayed Wilshaw hotel project
Progress on the 126-room Wilshaw, at the southeast corner of Main and 16th streets, has been stalled since early July while Indianapolis-based developer Loftus Robinson awaits the release of its first loan installment to finance the project.
Mattingly Construction plans three-building development in Fishers
The land near Interstate 69 and 106th Street had previously been targeted by Sun King Brewing Co. as a location for a major brewery and tasting room.
Local steel fabricator acquired by Chicago-based investment firm
Indianapolis-based Circle City Rebar will continue to operate under the leadership of Frank Davis, who founded the firm in 2005.