Sales for Indianapolis-based Lids Sports Group have been so disappointing that parent Genesco Inc. within the past six months has twice cut its fiscal 2015 full-year earnings, from a high of $5.55 per share to a low of $4.75 per share.
Outreach Inc. wants to construct a 16,000-square-foot building at the intersection of East New York Street and Keystone Avenue to serve the growing number of homeless teens.
The building, which will include a 10-story office tower with 15,000 square feet of retail on the first floor and significant public green space, will be built on four acres where Market Square Arena stood.
The region's construction job surge appears to reflect the busy year many parts of the state had catching up on projects stalled by last winter's heavy snows and bitter cold.
The two sides duking it out over a construction ban on nursing homes spent more than $475,000 over six months to win lawmakers to their sides—a spike of 37 percent over previous years. And that kind of high-stakes fight is about to happen again.
Builders filed 386 single-family building permits in the nine-county metro area last month. That’s the highest number in November since 500 permits were filed seven years ago.
Despite warnings about violations, Kokomo is pushing forward with the $9 million baseball stadium project, which includes spending $2.5 million on flood-prevention measures along Wildcat Creek.
The $35 million project is to include a revamped south lobby, interactive displays, an event suite, box seating, and an outdoor plaza connecting the arena to Cook Hall.
Simon Property Group Inc.’s downtown headquarters is showing signs of structural damage, and building contractor Duke Construction Limited Partnership blames the problems on design flaws by CSO Architects Inc.
The Carmel Redevelopment Commission has agreed to settle a lawsuit over defects in the Palladium’s domed roof.
The defendants in a multimillion-dollar legal dispute over construction defects at Carmel’s tony Palladium concert hall have agreed to settle the dispute, Hamilton Superior Court records show.
Last year’s residential building boom in the Village of West Clay has proven to be short-lived, as an ongoing dispute between the developer and its lenders halted land sales in the upscale Carmel neighborhood.
Indianapolis-based Lenex Steel Corp. plans to acquire Wabash Steel LLC of Vincennes from its Ohio-based owner, the local company announced Wednesday.
The local developer hopes to lure a tenant for the massive warehouse in its Eaglepoint Business Park while the project is underway.
The Carmel Redevelopment Commission has accepted an $800,000 settlement offer from the engineering firm that reviewed plans for the Palladium concert hall’s roof, inching closer to resolving a years-long legal dispute over its flawed design.
Environmental contractor Thieneman Construction Inc. plans to build a $2.8 million headquarters in Westfield’s Custom Commerce Park, more than doubling its staff there over the next decade.
Messer Construction Co. is rehabbing a pair of buildings on North Meridian Street that it bought earlier this year.
Observers question architectural creativity, quality of materials in some new downtown apartments.
Shelbyville’s Major will break ground on an $89 million hospital next month. Meanwhile, hospital systems around the state are talking about consolidating facilities or turning unused bed space to new uses.
Design can help thwart antibiotic-resistant bacteria
