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.
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.
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.
The House passed the compromise bill 95-4, even as a number of lawmakers – including Democrats – complained that the legislation doesn’t include any money for local roads.
The cash-strapped Carmel Redevelopment Commission has spent more than $6 million since 2009 “responding to, defending and settling” legal claims from contractors involved in construction of the city’s Palladium concert hall.
The U.S. attorney's office in Indianapolis said Wednesday that 43-year-old Justin Wykoff faces 24 counts of embezzlement for allegedly approving fraudulent invoices, often for concrete work that was never done.
House Public Health Chairman Ed Clere said Tuesday that negotiators had found a compromise that would ban new construction for two years except in counties whose nursing homes are at 90-percent capacity or higher.
The bill passed 55-40 and now returns to the Indiana Senate, which has already passed the bill and can now approve changes made by the House or send the bill to a conference committee for further consideration.
A City-County Council committee recommended approval for the 28-story building but only if the developer pledges that 30 percent of the workers it hires to build the tower live in Marion County.
Technology and work habits are prompting firms to squish space allotted to workers.
The Indiana Finance Authority has preliminarily selected a team called I-69 Development Partners and led by Isolux Infrastructure Netherlands BV for the $325 million, 21-mile Section 5 of the extension.
Nearly two-thirds of the state’s nursing homes are now participating in partnerships with county-owned hospitals that effectively double their profit margins.
House Bill 1002 transfers the balance of the Major Moves 2020 Trust Fund to the state highway fund before July 1, 2015. The legislation received support from both parties and passed 91-2.
Scott Miller, who stepped down May 31 as president of the Indy Chamber, has been hired as president of The Hagerman Group, one of the state’s largest construction contractors.
Shelby County commissioners have awarded a $2.3 million contract for construction of the new grandstand to Zionsville-based RL Turner Corp.
The bill would give the State Budget Committee the authority to transfer $400 million from the Major Moves Trust Fund to the state’s main highway fund.
Nursing home companies went on a building spree in Indiana, and now most of them want the Legislature’s help reining in high operating costs brought by over-capacity.
The Commerce Department said construction spending increased 1 percent in November to a seasonally adjusted annual rate of $934.4 billion. That's the fastest rate since March 2009.
A major supermarket chain is hoping to expand into the Indianapolis market, starting with an anchor position in a mixed-use project under construction in Carmel.
Slow but steady growth in central Indiana’s new-home market has chipped away at the supply of available lots, leaving developers and builders scrambling to keep up with demand.
