The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1925-05-21
BUILDING BOOM I
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nearly 100 over. last year. Figuring
an average family OF five persons.
to a dwelling, almost 1000 persons
Will have access to new lodgings
within a short time.
Eighty-two business buildings are
in definite prospect so far this year,
bringing additional property values
of 81, 4S1 100, according to statistics.
The increase over last year is $215,-
345. Total number is three less.
There will be thirteen moro fac
tory buildings constructed with
total value Of $6sO,SOO, while 1874
figure was only $5Ol,676. However,
there were sixteen industrial estab-
lishments authorized in 1924.
Need for Small Homes
That there is growing need for
small houses is demonstrated in the
permit issued wednesday to Frank
F., Woolling, real estate man, TO
build fifteen double houses. each cost
ing $4,000, representing total invest
ment of s67,500. The location is
from 2009 to 2047 Parker Ave.
Another recent permit Is for build
ing a $4,000 apartment house at
2131 College Ave. 1t will be con-
structed by Everett M. Schoheld and
Eugene e. Simms, and will house
twelve families.
The construction vogue has ex-
30 he - -
trustees of the Irvington M. T..
Church has Just obtained authority
to build 100000 structure at 80
Audubon Circle, and the North M.
e. Church will erect a structure TO
cost more than 100000 at Meridian
and Thirty-Eighth SITS.
Towering high among construc-
ton achievements for 1925 will be
the 100000 apartment hotel to be
constructed by the Marott-spink
Realty Company at Meridian st. and
Fall Creek. Structure will accom-
modate one thousand guests.
Riley Realty Company is to erect
a $500 hotel of six stories at the
southeast corner of Sixteenth st.
and Capitol Ave. this year. 1t will
contain one hundred rooms.
Worlmen are doing double time
on the ten-story business building at
southeast corner Of Illinois and Mar
ket SITS, to complete it this year.
The structure is being erected by the
Illinois and Market Street Realty
Company at q cost OF more than
81, 500, 900, according to statistics Of
the building commissioner.
New Business Block
Through a deal consummated yes
terday. Avenue Realty Company, of
which A. L. Borinstein Is president.
will erect 100000 business block at
northeast corner Of Delaware st. and
Massachusetts Ave. Spann Com
pany, real estate and insurance deal
ers, will remodel three-story brick
building at southeast corner Of New
York and Delaware SITS.
Remodelling of the l.. Strauss and
Company store involved acquisition
of the three-story Ruben Bldg, at
80 e. Washington St.. TO add to
the years accomplishments.
Addition to the w. j. Holiday
Company plant at COL w. Mccarthy
ST., estimated to cost 100000 is well
under way and should be finished
in the summer month.
Through its new plant at 210 T..
McCarty St., Ell Lilly & Co.,
will add the most modern type of
factory building designed TO receive
raw materials at one entrance and
to ship manufactured goods from an
exit at end of structure. Products
will be handled in same manner as
Fords are assembled.
Large Garage
Large garage for cars Of the yell
low Taxi Cab Company is under con-
struction at 142S N. Illinois st. It's
dimensions are 2OS by 81 feet and
the permit was for $4,000.
e. G. Sphinx made his usual contri-
button to building program of Indi-
annapolis when the Raleigh apart
ment hotel at northeast corner of
Thirteenth and Pennsylvania SITS.
was opened in March. 1t contains
eighty-three apartments.
Work on $4,000 apartment build
ing at 1909 70. Washington st. win
start soon. p. b. Brydon e Son,
who will undertake construction.
have announced there will be quar-
tiers for sixteen families.
While beautiful new homes and
towering business buildings are be-
ing erected, Indianapolis property
owners are not neglecting repairs TO
their holdings, Permits TOR this
purpose so far thi syear total 1887.
with total valuation Of S77S,1S7.
There were only 2,S47 authoriza-
tiona for rennlra In 1924 -