Residential Blog Posts

Developer plans expansion of Riley Towers apartments

January 12, 2010
Comments(15)
The owner of downtown's Riley Towers apartments is working on plans for a 5-story expansion at 225 E. North St. that would add 54 apartment units and more than 4,000 square feet of retail space.
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Developer eyes Penn Centre as it wraps up Allen Plaza

November 19, 2009
Comments(4)
Allen Commercial Group is offering for sale the first of 30 condos in its flagship nine-story Allen Plaza building along Pennsylvania Street downtown. And the firm is working on a phasing plan for its much-larger Penn Centre proposal.
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Construction begins on downtown condo project

November 11, 2009
Comments(16)
Construction has finally begun on a condo conversion of an historic 5-story building known as The Shelton.
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Group plans to auction relics of downtown architecture

November 4, 2009
Comments(6)

The city has agreed to hand over architectural artifacts from a landmark downtown building to a historic preservation group.

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Demand is steady for Maxwell Apartments

October 27, 2009
Comments(5)
Locally based Barrett & Stokely Inc. has taken over management of The Maxwell Apartments downtown at 530 E. Ohio St. The community already is about 50 percent occupied.
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Efforts target blight on 16th

October 13, 2009
Comments(9)
A stretch of 16th Street could see new life as the Indianapolis Housing Agency plans to redevelop a troubled low-income housing project and Kroger revives efforts to acquire land and plan a new supermarket to replace a cramped, old-format location.
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Developer plans student housing along canal

September 25, 2009
Comments(23)
A local developer has filed plans to build a new apartment complex designed for college students a few blocks east of the Central Canal.
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Downtown apartment complex to expand

September 1, 2009
Comments(12)
The developer of The Waverley apartments downtown has filed plans to expand the complex at 151 S. East St. thanks to high demand for one-bedroom units.
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Preview of $30M project

July 6, 2009
Comments(70)
Check out these fresh renderings of a $30-million student housing project planned for Indiana Avenue near IUPUI. The plans by Trinitas Ventures of West Lafayette call for 250 apartment units at 1201 Indiana Ave, between Montcalm and Milburn streets south...
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So long, SoDo

June 30, 2009
Comments(18)
The owners of a 1.3-acre parking lot southeast of Meridian and South streets have put the property up for sale, apparently putting an end to the dream...
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Receiver sale for CityView

June 29, 2009
Comments(23)
A 20-story apartment tower in midtown Indianapolis is being offered in a receiver sale for about $42,000 per unit, about a third less than the...
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Magazine touts Woodruff Place

June 24, 2009
Comments(13)
The magazine This Old House has named Indy's Woodruff Place as one of the country's 51 best places to buy an old home. The neighborhood...
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Developer plans apartments at 707

May 23, 2009
Comments(19)
A local developer hopes to convert the unfinished eight-story 707 E. North St. condo project into a mostly affordable apartment building...
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Looking for a waterfront condo?

May 7, 2009
Comments(8)
An auction has been set to sell nine remaining waterfront condos in a bank-owned development on Morse Lake in Cicero. The project, One Waterfront Plaza,...
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Brokers revise plan for key lots

March 23, 2009
Comments(18)
The owners of two vacant buildings and a fenced lot along Washington Street downtown aren’t giving up on redevelopment even after their plans for a...
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New life for Illinois Building?

March 22, 2009
Comments(25)
A local developer is working on plans to save the vacant 10-story Illinois Building, considered in recent years as one of the state's most endangered historic...
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Apartment conversion for Maxwell

March 18, 2009
Comments(29)
Sluggish condo sales have led developer Kosene & Kosene to consider turning its latest downtown project, The Maxwell, into apartments. The local company has moved its corporate...
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Cosmopolitan a total loss?

March 13, 2009
Comments(15)
The remains of the Cosmopolitan on the Canal project continued to smolder today as a small crew of firefighters worked to put out remaining hot spots. They were using a crane to demolish a portion of the building's remaining facade...
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Sad news: Cosmopolitan burns

March 12, 2009
Comments(28)
A $33-million apartment and retail project along the canal downtown caught fire early this morning. The Cosmopolitan on the Canal project, by Flaherty & Collins Properties, had been nearing completion on a site bordered by the canal, Senate Avenue, Michigan...
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Mass Ave building changes hands

March 3, 2009
Comments(20)
An iconic flatiron building on Massachusetts Avenue downtown has a new owner nearly three years after the property first went on the market, IBJ's Chip Cutter reports...
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Housing pitched for old St. Vincent

January 20, 2009
Comments(12)
Ivy Tech Community College is working with private developers on a plan to turn the old St. Vincent Hospital into a housing complex...
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Historic farmhouse in danger

January 14, 2009
Comments(35)
The Historic Landmarks Foundation of Indiana is racing to save the Cotton-Ropkey House at 79th Street and Marsh Road just west of I-465. The owner of the...
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Apartment renovation in Irvington

December 9, 2008
Comments(37)
Apartment developer Christopher Piazza has closed on financing for a $1.2-million renovation of a 1914 apartment building in Irvington. The 31-unit...
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Credit mess puts Ralston on hold

October 2, 2008
Comments(32)
A $60 million project slated for South Street between Meridian and Pennsylvania streets is on hold until credit markets return to some semblance of normal, the developer...
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Have we learned anything?

September 22, 2008
Comments(55)
As Congress began debating a $700-billion bailout plan for institutions stung by loose lending practices, C.P. Morgan sent this e-mail last week: And in a separate...
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  1. So much for Eric Holder's conversation about race. If white people have got something to say, they get sued over it. Bottom line: white people have un-freer speech than others as a consequence of the misnamed "Civil rights laws."

  2. I agree, having seen three shows, that I was less than wowed. Disappointing!!

  3. Start drilling, start fracking, and start using our own energy. Other states have enriched their citizens and nearly elminated unemployment by using these resources that are on private land. If you are against the 'low prices' of discount stores, the best way to allow shoppers more choice is to empower them with better earnings. NOT through manipulated gov mandated min wage hikes, but better jobs and higher competitive pay. This would be direct result of using our own energy resources, yet Obama knows that Americans who arent dependent of gov welfare are much less likely to vote Dem, so he looks for ways to ensure America's decline and keep its citizens dependent of gov.

  4. Say It Loud, I'm Black and Ashamed: It's too bad that with certain "black" entertainment events, it seems violence and thuggery follows and the collateral damage that it leaves behinds continues to be a strain on the city in terms of people getting hurt, killed or becoming victims of crimes and/or stretching city resources. I remember shopping in the Meadows area years ago until violence and crime ended make most of the business pack you and leave as did with Lafayette Square and Washington Square. Over the past 10 to 12 years, I remember going to the Indiana Black Expo Soul Picnic in Washington Park. Violence, gang fights and homicides ended that. My great grandmother still bears the scares on her leg from when she was trampled by a group of thugs running from gun fire from a rival gang. With hundreds of police offices downtown still multiple shootings, people getting shot downtown during Black Expo. A number of people getting shots or murdered at black clubs around the city like Club Six on the west side, The Industry downtown, Jamal Tinsley's shot out in front of the Conrad, multiple fights and shootings at the skating rinks, shootings at Circle Center Mall and shooting and robberies and car jackings at Lafayette Mall. Shootings and gang violence and the State Fair. I can go on and on and on. Now Broad Ripple. (Shaking head side to side) Say It Loud, I'm Black and I'm Ashamed.

  5. Ballard Administration. Too funny. This is the least fiscally responsive administration I have ever seen. One thing this article failed to mention, is that the Hoosier State line delivers rail cars to the Amtrak Beech Grove maintenance facility for refurbishment. That's an economic development issue. And the jobs there are high-paying. That alone is worth the City's investment.

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