Articles

Local contractor lands project for the president

Indianapolis-based architectural and engineering firm RW Armstrong will provide design and project management services for the Presidential
Helicopter Squadron, a 65,000-square-foot hangar complex being built at a Marine Corps base in Quantico, Va.

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Keystone Construction plans Madison Avenue retail center

A local developer is planning a retail strip center along Madison Avenue just south of downtown in a neighborhood that’s been
begging for investment for years. The plans by Keystone Construction Corp. call for a 25,000-square-foot retail
center at 1400 Madison Ave., across from Sisters’ Place Restaurant.

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‘Epic’ investment losses hit hospitals

Financial reports trickling in from Indianapolis’ major hospitals show why the city’s health care building boom ground to
a near halt this year. It ran into a wall of investment losses.

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Critics: Tax hike ‘defies logic’

Critics say the Legislature’s plan to shore up the insolvent Indiana Unemployment Insurance Trust Fund places the bulk of the financial
burden on already ailing businesses with the least ability to pay.

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Jefferson Plaza renovation approaches end

The Jefferson Plaza renovation, which has been renamed Allen Plaza after its developer, will include restaurants, office space, condos, and is also working to achieve LEED environmental certification.

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Redevelopment plans threaten Gasoline Alley

Business owners along the fabled Gasoline Alley north of Rockville Road think a proposal to close a north-south road linking
them to the front door of the Indianapolis Motor Speedway will have devastating effects.

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Airport hotel in limbo

The recession, coupled with personnel shifts, have grounded the more than $50-million hotel project adjacent to the new terminal.

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Fishers tables $100M development

An Ohio developer and the town of Fishers have agreed to cancel a 2007 development agreement that called for a $100-million
mixed-use project featuring 250,000 square feet of retail space and 150,000 square feet of office.

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