$4.9M approved to buy houses in Franklin flood zone
Another central Indiana city is receiving a multimillion federal grant to buy houses damaged by the widespread flooding that
hit the state last year.
Construction
Articles
St. Francis resumes work on $265M project
With its financial performance exceeding expectations, St. Francis Hospital & Health Centers will resume construction on a $265 million, 221-bed patient tower at its Indianapolis campus, the hospital system announced Thursday.
Architecture firms launch energy venture
Architectural and engineering firm Schmidt Associates Inc. and mechanical contractor Johnson Melloh Inc.
have partnered to form Energy Solutions by JMS, which will promote energy-savings programs to school
districts, libraries and units of local government throughout the state.
Indiana, Kentucky seek $120M for bridge projects
Indiana Gov. Mitch Daniels and Kentucky Gov. Steve Beshear have applied for federal funding for two long-sought bridge projects
on the Ohio River.
Historic Landmarks returning to headquarters
The Historic Landmarks Foundation of Indiana is set to return to its headquarters in downtown Indianapolis tomorrow, six
months after a fire at a neighboring apartment project displaced the not-for-profit.
Housing construction jumps to 9-month high
Housing construction rose in August to the highest level in nine months as a big surge in apartment building offset a decline
in single-family activity.
‘Dewatering’ system creates space, keeps new Marriott’s basement dry
A sprawling network of drainage pipes is designed to keep the underground parking garage of the new JW Marriott hotel dry.
Indiana Supreme Court to review library project lawsuit
The Indiana Supreme Court will decide whether engineering subcontractors should be held liable for millions of dollars in
cost overruns in a recent renovation of Indianapolis’ central public library.
Local contractor Enterprise acquires Freije
Indianapolis-based Enterprise Electrical & Mechanical Co. has acquired The Freije Company, a 50-year-old local firm that
specializes in refrigeration-systems design, installation and service.
Ivy Tech saving facade for classroom building
Ivy Tech Community College plans to save the facade of a historic former hospital along Fall Creek Parkway and build a new
150,000-square-foot academic building behind it.
Local contractor lands project for the president
Indianapolis-based architectural and engineering firm RW Armstrong will provide design and project management services for the Presidential
Helicopter Squadron, a 65,000-square-foot hangar complex being built at a Marine Corps base in Quantico, Va.
Keystone Construction plans Madison Avenue retail center
A local developer is planning a retail strip center along Madison Avenue just south of downtown in a neighborhood that’s been
begging for investment for years. The plans by Keystone Construction Corp. call for a 25,000-square-foot retail
center at 1400 Madison Ave., across from Sisters’ Place Restaurant.
Transit, sustainable development likely to be themes in rescue of near-north neighborhood
Local leaders and, soon, a national team of experts, are quietly developing a strategy to revitalize Marion County’s biggest
concentration of brownfield sites and impoverished urban neighborhoods, centered at East 22nd Street and the Monon Trail.
Panel handicaps market recovery chances
A panel of five veterans of real estate and construction provided industry insights at IBJ‘s Power Breakfast May
1 at the Westin Indianapolis.
Project manager named for I-70 beautification
Cripe Architects and Engineers has been named lead consultant on a $2 million project to beautify five Interstate 70 interchanges.
Recession slows the creation of a self-contained Boone County community
Creating a self-contained community on 1,700 acres of farmland could take much longer than the 15 to 20 years Duke Realty
Corp. predicted.
Flaherty selected to revitalize Barton, Lugar tower sites
Locally based Flaherty & Collins Properties plans to build retail and residential space on land that surrounds two downtown public housing towers.
‘Epic’ investment losses hit hospitals
Financial reports trickling in from Indianapolis’ major hospitals show why the city’s health care building boom ground to
a near halt this year. It ran into a wall of investment losses.
Critics: Tax hike ‘defies logic’
Critics say the Legislature’s plan to shore up the insolvent Indiana Unemployment Insurance Trust Fund places the bulk of the financial
burden on already ailing businesses with the least ability to pay.
C.P. Morgan’s demise puts 2,000 home sites on market already overwhelmed with land
The end of C.P. Morgan, the largest
central Indiana builder for a decade, will throw 1,200 home lots and options for 800 more onto an already flooded land market.