Despite an economy that’s been battered for nearly a year because of the coronavirus pandemic, historically low interest rates and city dwellers seeking more space in the suburbs and beyond has boosted home sales.
During the presidential campaign, Joe Biden pledged to deploy $2 trillion on infrastructure and clean energy, but the White House has not ruled out an even higher price tag.
Each project would range from $7 million to as much as $40 million, with funding coming from bonds tied to an expiring pension levy.
County officials said the increasing caseload at local courts justifies building an $11.5 million, five-story garage with an additional 100 spaces.
Indianapolis-based SC Bodner Co. is planning to build and move its headquarters into a $6 million office development along U.S. 31 in Carmel, according to a proposal filed with the city.
Central Indiana homebuilders saw another onslaught of interest from buyers in December, adding to their busiest year since before the Great Recession.
House Bill 207, authored by Republican Sen. Blake Doriot of Goshen, would change how cities and counties with wheel and vehicle excise taxes in place are required to spend Motor Vehicle Highway funds for the next two years.
Plans for a grand, glass-wrapped entry pavilion as part of the $360 million renovation to Bankers Life Fieldhouse have been tabled, in favor of minimal updates that largely keep the existing facade intact.
A five-mile stretch of State Road 37 will be closed most of this year because of work on Interstate 69, and many local businesses expect a big influx of traffic through downtown as a result.
INCog BioPharma Services has purchased 16 acres of undeveloped land in Fishers for its planned new biopharmaceutical manufacturing facility. The $60 million project has grown in size.
A majority of the council voted Monday to temporarily install a signalized pedestrian crossing on the road’s surface to address safety concerns as officials come up with a funding plan for the full tunnel project.
Kroger, which anchors one end of the Brownsburg Square shopping center, will tear down the former Kmart at the other end of the plaza and build a new grocery store there. Plans call for several small retailers to backfill the existing Kroger store once the grocer moves to the new spot.
City program Lift Indy will direct $4 million in investment throughout the neighborhood. Many of those projects are already underway or will be launched in 2021.
The design team announced Wednesday will be led by Stuttgart, Germany-based engineering firm Schlaich Bergermann Partner, or SBP, in collaboration with New York City-based Practice for Architecture and Urbanism, or PAU, and seven other firms.
American Structurepoint quickly eliminated the possibility of not building or bypassing the downtown completely. Instead, the environmental assessment considered ways in which the road reconstruction project might minimize impacts to an historic district.
The funding is part of the Community Crossings grant program, which provides matching state dollars for local road and bridge construction projects. Interstate or state highway projects are not eligible for funding.
The state appropriated $37.5 million for the two-year renovation to the 10,200-seat multi-purpose arena on the Terre Haute campus.
The Hamilton County Council on Wednesday approved a payment toward an estimated $42 million cost overrun on the State Road 37 improvement project in Fishers.
The Indianapolis area’s most active home builder is bringing one of its frequent collaborators in-house to help develop more lots.
Community officials are hopeful a new east-side housing project focused on young adults aging out of foster care will go a long way in furthering the area’s efforts to reduce homelessness.
