Articles

Local investors make big bet on senior housing

With the first baby boomers set to turn 65 in six months, investments in senior housing are heating up. A group of Indianapolis-area
professionals—including Mark Waterfill (left) and Tony Schantz—have banded together to launch three senior housing
projects around the state, spending $49 million and looking
to do more.

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Carpenters union to unveil new training facility

The recent dearth of construction activity has been an opportunity of sorts for the Indiana-Kentucky Regional Council of
Carpenters: During the slowdown, the trade group built a $13 million
training facility and administrative building in Greenwood.

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Appeals court reverses Bargersville annexation

The Indiana Court of Appeals on Thursday overturned the town of Bargersville’s annexation of land that Greenwood officials
also wanted to take over, saying it failed to get the required consent from property owners.

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Shelbyville, county plan economic development projects

Millions of dollars in tax revenue that flows from the Indiana Live casino to local government coffers will be set aside for
economic development. Shelbyville Mayor Scott Furgeson hopes to present new projects to the city council in the next month
or two.

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