Home buyer tastes have shifted since housing bust
Old standbys are have been replaced by new features and colors. The changes range from rooms to styles.
Construction
Articles
Developer requesting $1M over Broad Ripple project delays
Browning Investments Inc. is seeking the damages from opponents of its proposed $30 million apartment-and-retail projects for costs related to construction delays due to a pending appeal.
Two contractors accused of wage violations accept plea deals
The Marion County Prosecutor's Office has reached plea agreements in two cases in which a contractor was accused of paying workers less than the required wage on publicly financed projects.
Area home-construction permit filings flatten out
Homebuilders filed 530 single-family building permits in the metro area in May. That’s exactly the same number of permits that were filed in May 2013. Local construction numbers were better than national figures.
Remodelings might await boomers wanting to stay in their homes
Many homes will be difficult for aging boomers to navigate without changing doors, bathrooms, hallways and kitchens.
Mainstreet eyes more ‘crowdfunding’ for nursing homes
After raising $1.8 million via the Internet for a new nursing home in Bloomington, the Carmel-based developer thinks it has found a more efficient source of fundraising for further construction.
Alexander hotel achieves LEED status
The Alexander Hotel at CityWay in downtown Indianapolis has achieved LEED certification from the U.S. Green Building Council.
Stadium project a homecoming for Indianapolis-based designer
Dan McCloskey, who works for Indianapolis-based American Structurepoint, has been named senior project architect on the recently unveiled $11.5 million Kokomo Municipal Stadium in downtown Kokomo.
Indiana Limestone gets back to work under new owner
Indiana Limestone Co. technically closed and laid off all its workers earlier this month to fulfill a bankruptcy plan, then a few days later reopened with the new owners and rehired employees.
City Dems propose $16 million more for road repairs
Indianapolis City-County Council Democrats want to spend $16 million more on emergency road work. The Democrats oppose Republican Mayor Greg Ballard’s plan for a $150 million bond issue and instead want to tap general and special funds.
Flaherty becoming mixed-use master
Developer’s Flaherty & Collins is gaining a reputation developing trendy projects, the latest of which is a 28-story retail and residential tower on the site of the former Market Square Arena.
Competition spurs Butler to launch blitz of renovation, construction
Butler University plans to add new residence halls, construct a larger facility to house its business school, and renovate existing academic buildings and dormitories as part of sweeping upgrades at the private school.
Flurry of renovations upgrade downtown Indianapolis hotel scene
Trend driven by hyper competition, pent-up demand from the recession, opening of JW Marriott.
Court approves $26M acquisition of Indiana Limestone
Indiana Limestone president Duffe Elkins said the business is expected to reopen and rehire workers after the new ownership takes charge.
Mainstreet aims to help finance nursing home through crowdfunding
Mainstreet Property Group LLC plans to launch a new round of private placement fundraising on April 21 using a website run by Oregon-based CrowdStreet Inc. and a mix of traditional advertising in central Indiana.
Report: State political leader had millions on the line
Documents show House Speaker Pro Tem Eric Turner earned nearly $8 million selling nursing homes in the last two years and stands to earn between $1 million and $2 million on projects now being developed, thanks in part to legislation he helped block this year.
BECKER: Indianapolis transit hub will redeem eyesore
Buses get no respect. Romance clings to the rails and to the grand stations that serve them. When you take a train, you may well find yourself in a replica of a Greek temple or the Baths of Caracalla.
Indianapolis architectural salvage yards still in the hunt
The recession and lingering uncertain construction market put the shops through a withering shakeout, but several have found ways to thrive.
Lender bids $26 million to take over Indiana Limestone Co.
An investment firm was the only bidder for an Indiana company that supplied limestone to the Empire State Building, the Pentagon and other iconic buildings.
ANALYSIS: Turner stood to lose big in Statehouse fight
A top Indiana lawmaker, his family and investors in their company risked losing millions in future profits if a proposed ban on construction of new nursing homes in Indiana had become law this year, an Associated Press review has found.