
City eyes street rebuild on Monument Circle
Officials are working on finding the $60 million, which will likely include federal funding, to pay for it.
Officials are working on finding the $60 million, which will likely include federal funding, to pay for it.
Indianapolis International Airport is undergoing its most ambitious project since the completion of the new Midfield Terminal in 2008—a $190 million rebuild of one of its two main runways.
Two mixed-use buildings—the Wren and Windsor—under construction this summer are the final pieces of the $300 million development that created a new core for Carmel.
Experts predict the state will need more than 275,000 additional workers by 2026.
Municipal employees will leave City Hall on Friday for the final time. The 31-year-old building will be demolished this fall so construction can begin on the $22.8 million Fishers Arts & Municipal Complex.
The Henry Street bridge would accommodate both cars and pedestrians and is a key component in the city’s infrastructure-heavy incentive package to bring Greenfield-based Elanco downtown.
The Indianapolis-based hospital system said in financial filing Thursday that the review comes in light of higher-than expected patient demand during the pandemic, inflation and sustainability goals.
El Camino Real Restaurant in Noblesville plans to go out of business at the end of the month ahead of the Reimagine Pleasant Street expansion project, the owners announced Monday in a social media post.
Applications for newly built houses are continuing to trail last year’s pace in central Indiana, but homebuilders remain busy, according to the Builders Association of Greater Indianapolis.
About 1,000 of the spaces in the new facility at Indianapolis International Airport will be used by car rental companies while the remainder will be designated for daily or hourly parking.
A recent report from the Associated General Contractors of America states that, from April 2021 through the first quarter of 2022, the price of nonresidential construction components, or inputs, has risen 21%. Among those inputs, diesel fuel has jumped 86%; plastics, 30%; and insulation products, 19.6%.
The council approved the project on June 14 by a 4-3 vote following months of debate between the council and the Boone County Commissioners.
Noblesville city councilors voted 7-2 against the proposal by Beaver Materials, which purchased 50 acres of farmland adjacent to the 66-acre park with hopes of removing gravel from the property.
Ever-increasing prices at the pump and grocery store checkout line aren’t the only places where Hoosiers can see the impact of inflation—state building projects are also feeling the budgetary strain.
Builders are coming off their busiest year since 2005, but single-family building permits have fallen on a year-over-year basis in every month of 2022.
Rising prices for materials such as asphalt, steel and iron pipes are driving up the costs to build roads, bridges, rail lines and water mains. The prices for some infrastructure materials have risen even faster than general consumer prices.
The Noblesville City Council heard proposals this week for two separate residential real estate developments that would create nearly 130 new residences in the city, including more 75 high-end homes near a golf course and 50 affordable-housing options.
The construction is happening at a time libraries play an increasingly wide-ranging role in the communities they serve.
The 13-member body approved by the Legislature in March is tasked with addressing Indiana’s affordable housing shortage.
The $92 million, mixed-use redevelopment project is taking shape on a 19-acre site downtown after nearly a decade of planning.