Area homebuilders trying to keep up with strongest year since 2005
After a three-month streak of declining numbers, Indianapolis-area builders received a surge of interest from new-house buyers in November and are nearing a 16-year record.
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Block outside City Market reopens after $8M reconstruction project
The announcement was greeted with relief from City Market leaders, who’ve lost operating revenue and several merchant-tenants to the construction on Market Street between Delaware and Alabama streets.
Design for 16 Tech’s ‘centerpiece’ bridge called first of its kind
Officials at 16 Tech on Wednesday unveiled a bridge design that they say is both pedestrian-friendly and architecturally unique. The overall project, which includes the bridge and related road work, has an estimated $20 million-plus price tag.
Elanco eyes early 2022 groundbreaking for stamping plant HQ project
Elanco Animal Health Inc. officials say they expect to break ground on the company’s new $100 million headquarters just west of downtown Indianapolis in early 2022 after fine-tuning plans for the project with city and state officials.
IndyGo awards $114 million in Purple Line construction contracts
Construction on the $188 million Purple Line is expected to begin in early 2022. The route will extend from downtown Indianapolis to Lawrence.
New Interstate 69 section could open in December
State highway officials expect to open a new section of the Interstate 69 extension project between Indianapolis and Bloomington by the end of the year.
Area homebuilders see third straight monthly drop in permit filings
The recent slump has slowed what had been a torrid pace for the local home-construction industry. Permit filings are still easily on pace to have their biggest year since 2005.
Indiana to land $8.8 billion from U.S. infrastructure bill
One Indiana project likely to be expedited as a result is widening interstates 65 and 70 to six lanes the full length and breadth of the state.
Indiana Avenue advocates say interstate plans key to revitalization
Groups that hope to see revitalization in the Indiana Avenue neighborhood are paying close attention to how future interstate construction projects will affect the area.
Indiana’s highway system stagnant in national ranking, study says
The foundation’s 26th annual highway rankings place the Hoosier state at 32 for the second straight year, dinging it for poor rural and urban interstate pavement, insufficient maintenance expenditures, low capital and bridge spending, and more.
Plans for 16-story downtown Kimpton hotel project still ‘active,’ developer says
Loftus Robinson confirmed plans this week to give up development rights to the unfinished Wilshaw hotel project in Speedway after numerous delays, but company Principal Drew Loftus said the firm’s redevelopment plan for a tower in downtown Indianapolis is still on.
Long-delayed Speedway hotel project slated to get new developer
A Georgia-based development firm said Monday it hopes to take the reins of the Wilshaw hotel project across from Indianapolis Motor Speedway, with hopes of completing construction by early 2023.
INDOT awards $101M in road-project grants to cities, towns, counties
The funding is part of the Community Crossings grant program, which provides matching state dollars for local road and bridge construction projects.
OneAmerica Tower reopening downtown restaurant, coffee shop on ground floor
The 18,267-square-foot restaurant, which is open to both OneAmerica Tower tenants and the outside public, has been vacant since Sahm’s Restaurant Group closed its cafeteria there last fall.
Demand swamps units at new disabled housing projects
Three developments have opened this fall: one just south of Indianapolis International Airport, one on the near-east side, and one in Fishers. A fourth is planned for Whitestown.
Bloomington-based startup developing drone-assisted construction techniques
Terran Robotics, established in 2019, is developing technology that enables self-flying drones to build walls for earthen homes. The company plans to build its first home next year.
Developer teeing up big residential district on north-side golf course property
Buckingham Cos. hopes to construct nearly 450 residences with a mix of single-family homes, townhouses and apartments on the property on East 96th Street.
IMS plans new building for driving experiences, non-race events
BMW’s M Driving Experience Center will include a showroom, classroom areas, a conference room and direct access to the IMS road course.
Indy Council OKs funding for two new library branches
The Indianapolis City-County Council on Monday unanimously approved funding of nearly $30 million for new Fort Benjamin Harrison and Glendale library branches.
Two-building spec distribution development set for Greenwood
The 708,000-square-foot Indy South Logistics Center will be constructed at 955 N. Graham Road, just east of Interstate 65 and south of County Line Road.