Property Lines

Welcome to Property Lines, Indy's favorite source for neighborhood real estate news. Your host, IBJ real estate beat reporter Scott Olson, can be reached at solson@ibj.com.
Real Estate & Retail

Green developer has $20M pipeline

February 4, 2008

The BroadwayIs green development finally catching on in Indianapolis? The four owners of Casa Verde LLC certainly hope so. The company has plans for a $14-million, LEED-certified condo project in Columbus. In Indianapolis, their newest venture is The Broadway, a renovation of a 1915 apartment building at the corner of Broadway and 22nd streets (shown here). The $1 million project calls for 13 LEED-certified condos, two at market price and the rest for low-income buyers. Prices will range from $70,000 to $120,000. Casa Verde also is building three single-family homes along Park Avenue in the King Park neighborhood and is working on deals for a retail strip center and a medical office building. Read the full story here.
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