Indiana Limestone gets back to work under new owner
Indiana Limestone Co. technically closed and laid off all its workers earlier this month to fulfill a bankruptcy plan, then a few days later reopened with the new owners and rehired employees.
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Articles
City Dems propose $16 million more for road repairs
Indianapolis City-County Council Democrats want to spend $16 million more on emergency road work. The Democrats oppose Republican Mayor Greg Ballard’s plan for a $150 million bond issue and instead want to tap general and special funds.
Flaherty becoming mixed-use master
Developer’s Flaherty & Collins is gaining a reputation developing trendy projects, the latest of which is a 28-story retail and residential tower on the site of the former Market Square Arena.
Competition spurs Butler to launch blitz of renovation, construction
Butler University plans to add new residence halls, construct a larger facility to house its business school, and renovate existing academic buildings and dormitories as part of sweeping upgrades at the private school.
Flurry of renovations upgrade downtown Indianapolis hotel scene
Trend driven by hyper competition, pent-up demand from the recession, opening of JW Marriott.
Court approves $26M acquisition of Indiana Limestone
Indiana Limestone president Duffe Elkins said the business is expected to reopen and rehire workers after the new ownership takes charge.
Mainstreet aims to help finance nursing home through crowdfunding
Mainstreet Property Group LLC plans to launch a new round of private placement fundraising on April 21 using a website run by Oregon-based CrowdStreet Inc. and a mix of traditional advertising in central Indiana.
Report: State political leader had millions on the line
Documents show House Speaker Pro Tem Eric Turner earned nearly $8 million selling nursing homes in the last two years and stands to earn between $1 million and $2 million on projects now being developed, thanks in part to legislation he helped block this year.
BECKER: Indianapolis transit hub will redeem eyesore
Buses get no respect. Romance clings to the rails and to the grand stations that serve them. When you take a train, you may well find yourself in a replica of a Greek temple or the Baths of Caracalla.
Indianapolis architectural salvage yards still in the hunt
The recession and lingering uncertain construction market put the shops through a withering shakeout, but several have found ways to thrive.
Lender bids $26 million to take over Indiana Limestone Co.
An investment firm was the only bidder for an Indiana company that supplied limestone to the Empire State Building, the Pentagon and other iconic buildings.
ANALYSIS: Turner stood to lose big in Statehouse fight
A top Indiana lawmaker, his family and investors in their company risked losing millions in future profits if a proposed ban on construction of new nursing homes in Indiana had become law this year, an Associated Press review has found.
IEDC urging government bets on spec-building
The Indiana Economic Development Corp. is encouraging local governments to help finance speculative industrial buildings, which could land new businesses but could put at risk hundreds of thousands in taxpayer dollars.
New highways funds aimed at I-65, job creation
The construction planned with the money, as well as an additional $200 million that's being held pending review, could create as many as 9,800 jobs in the state, INDOT estimates.
Drivers brace for U.S. 31 closure near Indianapolis
Residents and businesses in the northern suburbs of Indianapolis are preparing for the start of an eight-month closure of U.S. 31 as part of the project upgrading it to interstate standards.
CarDon trying to adjust nursing homes to hospitals, insurers, patients
Family-run company is building nursing homes it thinks will be more attractive to residents and staff.
State to widen Interstate 65 south of Southport
Greenwood-area commuters should have more breathing room on Interstate 65 after a highway-widening project planned by the Indiana Department of Transportation.
Contractor spending $1.6M to move north of downtown
Construction manager and contractor Messer Construction Co. has purchased two adjoining vacant buildings on North Meridian Street south of Fall Creek Parkway and plans to move there from Shadeland Avenue.
Bold developer stirs up nursing-home business
Zeke Turner, the 36-year-old CEO of Mainstreet Property Group LLC—who frequently sports a boyish grin and a bold-colored dress shirt, but rarely dons a tie—said he’s “just getting started” in transforming the staid nursing home industry.
Indiana Limestone wins court approval for auction
The owner of Indiana Limestone Co. has received court approval to hold an April sale to see whether there are any better offers for virtually all its assets than the $26 million bid by lender Indiana Commercial Finance LLC.