Aging Anderson apartment complex getting new life
The Delaware Court Apartments in Anderson, which opened in 1926 and have been vacant since 2013, are being renovated.
Construction
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Carmel awards $28.8M contract for 96th and Keystone roundabout
The Carmel Board of Public Works approved the agreement with a Goshen-based construction contractor at a meeting Wednesday morning.
Dermatology practice planning $7.2M Castleton headquarters
Dawes Fretzin Dermatology Group LLC has received preliminary approval for tax breaks from the city of Indianapolis to help it pay for a 30,000-square-foot free-standing facility near the Lowe’s Home Improvement store in Castleton.
Whitestown sees flurry of industrial projects, more on horizon
Ten industrial buildings have been completed within the past 24 months, another three are under construction, and four projects are in the process of getting started.
Former GM site provides bounty of opportunity for developer
Ambrose Property Group is proposing a massive $550 million mixed-use project that would transform downtown’s western edge from afterthought to urban gem.
Local environmental firm acquired by two private-equity firms
An Indianapolis-based environmental engineering firm that moved into a new downtown headquarters last year has been acquired by Chicago-based Woodlawn Partners LLC and Detroit-based Peninsula Capital Partners LLC.
Merrillville’s Star Plaza Theatre once again awaiting wrecking ball
White Lodging announced last August that it would tear down the Star Plaza Theatre in Merrillville, only to temporarily drop those plans in November following a public outcry.
Local mechanical contractor acquired by Houston-based company
Compton Mechanical Systems Inc., a 35-year-old Indianapolis-based contractor, has merged with Comfort Systems USA’s Indiana subsidiary.
Fishers church’s development plan scores early approvals
I-Town Church has moved a step forward in its controversial plan to build a house of worship at the busy intersection of 126th Street and Brooks School Road in Fishers.
Running shoe retailer considers relocating distribution center to Whitestown
Seattle-based running gear retailer Brooks Sports Inc. is considering opening a major distribution warehouse in Whitestown that could generate more than 100 new jobs.
Cleveland-based firm acquires local architectural business
InterDesign Inc., one of the city’s 10 largest architectural firms, has been acquired by Cleveland-based K2M Design Inc., the companies announced Monday.
Central Indiana home builders see another uptick in demand
Filings for new homes in central Indiana rose 3 percent in April—marking the 20th monthly increase in demand over the last 24 months.
Butler set to start work on $49M School of Business building
Construction on the four-story structure should start next month and will continue a campus transformation featuring more than $220 million in projects.
$135M CityWay expansion stokes apartment boom
Construction on the second phase of CityWay is expected to begin in early June, further transforming downtown by adding 400 more rentals to the already booming apartment market.
Historic east-side church once again in danger of demolition
The congregation that owns the St. John United Church of Christ in Cumberland says $75,000 needs to be raised within the next few weeks to pay for upkeep or the structure will be demolished as soon as June 1.
MJ Insurance moving headquarters to Carmel next year
One of the area’s largest insurance agencies announced Monday that it plans to move its corporate headquarters from the northeast side of Indianapolis to Carmel next year.
New hospital to rewrite rules of psychiatric care
Indiana’s newest state psychiatric hospital, which is about to rise on the campus of Community Hospital East, is designed to fill a critical gap in the state’s mental health landscape.
Indianapolis furniture manufacturer relocating to Whitestown
Facility Concepts Inc., one the country’s largest commercial furniture makers, plans to move its headquarters and 117 jobs to a $10 million development in AllPoints at Anson by Duke Realty and Browning Investments.
U.S. construction spending reaches 11-year high
U.S. developers ramped up construction spending in February, led by more building of homes, highways and schools.
Art education fundraising firm crafting $4M office at Fort Ben site
The local company considered buying its current home before hitting the drawing board and launching plans to build its own space.