Residential Blog Posts

Good news for housing market?

November 20, 2007
Comments(22)
Local homeowners tired of all the bad news about the housing market likely will be encouraged by data in a recent Fortune Magazine article. The magazine studied the correlation...
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Fountain Square buildings for sale

November 15, 2007
Comments(47)
A prime block of Fountain Square real estate is on the market. Businessman Don Swayze is asking $1.2 million for two buildings and a used-car lot he owns along Virginia...
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Student-housing tower planned

November 14, 2007
Comments(20)
A team of local developers is hoping to build a 550-bed, 16-story apartment tower near the IUPUI campus. The $40 million project, dubbed Paramount Tower, would target the lucrative student-housing market....
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Developer drops pursuit of condos

October 10, 2007
Comments(8)
A local developer has dropped its effort to buy out 77 condo owners southeast of 86th Street and Keystone Avenue, at least for now. Residents of the condo development, Lakes...
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Lockerbie Park phase 2 on hold

September 5, 2007
Comments(48)
The foundations and garage slabs are in place for the next phase of Lockerbie Park, but construction is on hold for now. The project at College and Michigan streets has not sold...
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A brand-new Maxwell rendering

August 7, 2007
Comments(42)
Kosene & Kosene has begun construction on its latest downtown project, the 105-unit Maxwell. The six-story building sits along Ohio Street between Park and East streets and will feature condos starting at...
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Developer offers big bucks for homes

July 12, 2007
Comments(14)
A developer is negotiating individually with 77 condo owners to buy a community called Lakes at the Crossing that sits near the Fashion Mall. Gershman Brown & Associates has...
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Thoughts on KB's exit?

July 11, 2007
Comments(12)
More bad news on the housing front, as KB Home says it's bailing on Indianapolis. How big of a loss is it? KB entered the market in 2004 with...
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Carmel mansion is history

June 6, 2007
Comments(11)
In the market for a 20,000-square-foot mansion with 4 bedrooms, 7 full baths and 5 partial baths? Too late! The former home of Dr. Donald Perez and his wife Karen, built in...
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Live next door to The Distillery

April 30, 2007
Comments(9)
Plans are in the works for a residential and retail project on a state-owned parking lot between Indiana Avenue, Capitol Avenue and Vermont Street, IBJ reported this weekend. Two groups bid for the three-quarters-of-an-acre parcel, and the winner includes Jim...
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  1. John, unfortunately CTRWD wants to put the tank(s) right next to a nature preserve and at the southern entrance to Carmel off of Keystone. Not exactly the kind of message you want to send to residents and visitors (come see our tanks as you enter our city and we build stuff in nature preserves...

  2. 85 feet for an ambitious project? I could shoot ej*culate farther than that.

  3. I tried, can't take it anymore. Untill Katz is replaced I can't listen anymore.

  4. Perhaps, but they've had a very active program to reduce rainwater/sump pump inflows for a number of years. But you are correct that controlling these peak flows will require spending more money - surge tanks, lines or removing storm water inflow at the source.

  5. All sewage goes to the Carmel treatment plant on the White River at 96th St. Rainfall should not affect sewage flows, but somehow it does - and the increased rate is more than the plant can handle a few times each year. One big source is typically homeowners who have their sump pumps connect into the sanitary sewer line rather than to the storm sewer line or yard. So we (Carmel and Clay Twp) need someway to hold the excess flow for a few days until the plant can process this material. Carmel wants the surge tank located at the treatment plant but than means an expensive underground line has to be installed through residential areas while CTRWD wants the surge tank located further 'upstream' from the treatment plant which costs less. Either solution works from an environmental control perspective. The less expensive solution means some people would likely have an unsightly tank near them. Carmel wants the more expensive solution - surprise!

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