Home construction weak both locally, nationally
Home building in the Indianapolis area fell by more than 30 percent n January over the same month of 2010.
Home building in the Indianapolis area fell by more than 30 percent n January over the same month of 2010.
Indianapolis-based MacAllister Machinery has acquired Michigan Tractor and Machinery Co., which has 590 employees and is Michigan’s top Caterpillar dealer.
Price resigned as president of Indiana Construction Roundtable and Metro Indianapolis Coalition for Construction Safety.
Plenty of opportunities await city officials bent on making downtown shine for the massive event.
A vigorous effort by city officials to enforce building-safety codes has some concerned that it’s becoming tougher to revitalize older properties.
Building permits filed for new homes in the nine-county Indianapolis area rose just 2.6 percent in 2010, to 3,720. That’s just 95 more homes than in 2009—the worst year for local home construction in more than a quarter century.
Construction is set to begin soon on Community Health Pavilion, a three-story, 55,000-square-foot medical building to be built on six acres at 7910 E. Washington St.
More than two years after it opened, some construction problems persist at Lucas Oil Stadium, particularly with outside lighting and with some of the plumbing. The work was performed by contractors that are now defunct.
The company last month broke ground on an 8,000-square-foot medical building near 86th Street and Allisonville Road. The project is the first of three buildings it plans to develop as part of Gardens at Castle Creek.
Ratio Architects Inc., the area’s fourth-largest architectural firm, has acquired Cherry Huffman Architects in Raleigh, N.C.
Donna Gadient has risen to the top ranks of engineering firm R.W. Armstrong through hard work, and without a college education.
The winner of the Small Business Administration award has seen steady growth during its 10 years in business.
Company will purchase 23 acres and have Duke Realty Corp. build a 225,000-square-foot industrial facility in Lebanon Business Park. The move should be completed by December.
An incomplete $150 million development that was supposed to feature 305 luxury condominiums along a 25-acre lake on the north side of Indianapolis has been placed in receivership.
Beleaguered local developer The Broadbent Co. plans to spin out its construction arm as an independent company as of Jan. 1.
Wait times in the plan-review process for non-residential projects increased dramatically this year, creating a backlog of cases.
Locally, building permits were up 17 percent in the nine-county area, from 222 in November 2009 to 259 in November 2010.
Summit Realty Group is building out a new headquarters in a historic downtown building as its principals embark on an aggressive growth plan for the privately held company.
Major infrastructure investment at the state and local level is a significant reason for optimism for the long-term competitive positioning for the city and state.
A committee has recommended that the state highway department stop hiring Gary-based Superior Construction Co. and Indianapolis-based bridge designer RQAW Corp. over a northwestern Indiana highway that has been closed because of safety concerns.