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West-side apartment complex to house veterans

IBJ Staff
February 29, 2012
Keywords
Apartments, Development/Redevelopment, Real Estate & Retail, Residential Real Estate
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An $11.3 million apartment complex is slated to be built on the city’s west side to provide housing for homeless and disabled veterans.

Lincoln Apartments will be located at 530 Holmes Ave., about a mile from the Richard L. Roudebush VA Medical Center. Construction on the 75-unit project is scheduled to begin soon, with completion set for late 2013 or early 2014.

The project will be financed with the help of $11 million in rental housing tax credits from the Indiana Housing and Community Development Authority.

The city of Indianapolis donated the land and provided $200,000 to remediate the site, which once housed an iron works foundry that closed in 1962.

Indianapolis-based Keystone Construction Corp. is the contractor for the project. Locally-based Axis Architects + Interiors is the designer.
 

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  • Uhhh What?
    StupacMarch 5, 2012 7:34 PM
    Have you ever been to the VA hospital? There are shuttles that run all over the place, all day every day. It seems they could save a lot of money running hourly shuttles to and from the new housing.
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  • Not a good start.
    JoeMarch 1, 2012 8:32 AM
    These veterans can be housed in numerous existing buildings and the money can be used to fund programs for them or healthcare. We don't need a crappy apartment complex far away from all of the services they will require!
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  • Good Move
    TerryMarch 1, 2012 7:06 AM
    It is a start. Now keep the ball rolling.
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  • huh?
    JoeFebruary 29, 2012 1:42 PM
    An apartment complex developed for disabled veterans located a mile away from the VA, but not directly accessible by bus......the 3 only goes to White River Pkwy on Michigan then has to head south to NY because of crappy one-way streets.
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    • It is about time
      ladyjFebruary 29, 2012 12:13 PM
      It is about time for the Vet get some help with housing. They served their country and they deserve a place to live.
      Reply to CommentFlag Comment

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