Compromise bill allows state to spend $200M on interstates
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.
Construction
Articles
Palladium construction lawsuits costing panel millions
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.
Former Bloomington official charged in scheme
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.
Lawmakers getting closer on nursing home moratorium
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.
House passes moratorium on nursing home construction
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.
Committee urges hiring commitment for $81M MSA tower project
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.
Office space shrinking in Indianapolis area
Technology and work habits are prompting firms to squish space allotted to workers.
Dutch-led team favored for next I-69 section
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.
Nursing home profits surge as owners seek moratorium
Nearly two-thirds of the state’s nursing homes are now participating in partnerships with county-owned hospitals that effectively double their profit margins.
Bill to free $400M for highways passed by House
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.
Former Indy Chamber leader joins Hagerman
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.
County to rebuild fair grandstand two years after arson
Shelby County commissioners have awarded a $2.3 million contract for construction of the new grandstand to Zionsville-based RL Turner Corp.
GOP bill would spend $400M on highway projects
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.
Carmel upstart fights nursing home moratorium
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.
U.S. construction spending up 1 percent in November
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.
Pittsburgh grocer jumping into Indy market
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.
Home builders race to meet demand
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.
Homebuilders end 15-month streak of permit increases
The central Indiana home construction industry reversed course in October, with a rare year-over-year decrease in the number of single-family building permits filed. The drop follows a recent downward trend.
Summit partners seek tax break for $14M distribution facility
They plan to spend $14 million to build the 542,000-square-foot warehouse on 33 acres on the city’s west side. One condition of the tax abatement is finding a user that would create at least 50 jobs by 2018.
Downtown Westin Hotel to kick off $14 million renovation
The four-star establishment plans to overhaul all 13 floors and 573 guest rooms, beginning in November, as its competitors trigger similar upgrades.