Frank Manzo: Report finds wage law repeal failed to save money
Anyone who works in construction knows that labor is not what drives costs. Factors like materials, fuel, equipment and land costs do.
Construction
Articles
City to move on Monon Trail widening after years of delay
Indianapolis officials first pitched a wider Monon Trail in 2014 and planned to start construction in 2020, but legal problems sidetracked the project. Now, construction bidding is scheduled for November,
Four companies seek to revive stalled Terre Haute casino plans
Gaming Commission executive director Greg Small said the agency hoped to select a company for the Terre Haute license by the end of this year.
More than 300 single-family, townhouse and duplex homes proposed in Noblesville
Indianapolis-based Onyx+East, Arbor Homes and St. John-based Olthof Homes presented plans to the Noblesville City Council on Tuesday for a slew of new residential projects featuring 129 single-family, 123 townhouses and 62 two-family homes.
City board awards $38 million contract for justice campus parking garages
A team of three contractors will build a 1,000-space garage slated to serve an office building in development by Browning Investments, as well as a 300-space garage to serve court staff.
Builders see increased demand for new homes for the 14th straight month
So far this year, 6,539 single-family building permits have been filed in the Indianapolis area, up 39% over the first seven months of 2020.
Engineering firm Beam Longest & Neff LLC merges with Toronto-based company
The combination forms a business with more than 800 engineers, project managers and technical experts in 21 offices throughout North America.
Photo Gallery: Phase 2 of Bankers Life Fieldhouse project well underway
The renovations are part of a three-phase $360 million project that tipped off in 2020.
Noblesville Schools proposes $4 million tennis facility as its latest capital project
Noblesville Schools’ latest proposal in a string of recent capital projects could bring a 12-court varsity tennis facility to the district’s property just north of Noblesville East Middle School.
Lumber drops to nine-month low, extending retreat from record
The tumble marks a stark turnaround for the common building material after strong U.S. construction demand during the pandemic spurred a surge in orders for lumber, causing prices to more than quadruple to their May peak and fueling inflation concerns.
Indiana construction projects boom thanks to new budget plan
The new state budget adopted in April by the Republican-controlled General Assembly is awash in federal coronavirus relief money, allowing the state to give sizeable funding to projects that had for years been shelved and left out of spending plans.
Library delays new Fort Ben, Glendale branches due to cost escalations
Indianapolis Public Library system said it is seeking a new financing plan after costs grew beyond the budget cap of $12 million for each project.
Infrastructure spending bill fails first vote; Senate to try again
The nearly $1 trillion measure calls for about $579 billion in new spending over five years on roads, broadband and other public works projects, to be followed by a much broader $3.5 trillion measure from Democrats next month.
Some big companies oppose potential tax hikes, but want to profit from infrastructure deal
At least a dozen profitable major U.S. companies paid little or no U.S. income tax in 2020 but are active in industry groups that object to helping fund with taxes the same public projects they want to profit from.
Indianapolis-area home builders see biggest June since 2005
So far this year, 5,710 single-family building permits have been filed in the area, up 46% over the first six months of 2020.
Renovated box factory anchors plans for 40-acre campus in neighborhood dubbed NOMA
Over the last two years, the Stenz Construction Corp., Third Street Ventures and Pure Development have undertaken a $25 million renovation of the former U.S. Corrugated Box Co. building.
A mighty wind pushes builder IEA into top gear
While businesses were laying off employees last year by the boatload because of the pandemic, an Indianapolis company that specializes in building wind and solar farms hired scores of people to tackle new projects nationwide.
State Fair lands $50M to turn swine barn into multiuse facility
The pigs at the Indiana State Fair are officially getting a new place to stay after the state released $50 million to replace the almost century-old swine barn with a multiuse facility that will also be able to host large sporting events.
Infrastructure spending promises boost for industry
Plans to pump money into rebuilding the nation’s roads, bridges and other infrastructure could give companies that make machinery and materials a solid foundation for growth.
Central Indiana existing-home sales, prices continue to escalate
On a year-to-date basis, closed sales are up 10.9% so far this year, to 13,666, compared with 12,320 in the first five months of 2020.