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

Updated renderings: $25M Millikan on Mass project

June 24, 2014

Milliken Phase 2 No. 1 225pxDevelopers on Tuesday are set to break ground on the second phase of a $25.4 million mixed-use project bounding Massachusetts Avenue and Michigan Street.

Insight Development Corp., the development arm of the Indianapolis Housing Agency, is constructing the five-story Millikan on Mass in two phases across from the Athenaeum on ground near Barton Tower Apartments.

Milliken Phase 2 No. 2 225 pxThe larger $13.9 million second phase calls for 64 market-rate apartments and 15,000 square feet of retail space that will line Massachusetts Avenue and East Michigan Street across the street from the Athenaeum.
 
The $11.5 million first phase includes 61 affordable units along East Street that are fully leased and 4,000 square feet of retail that’s occupied by the Nine Irish Brothers restaurant. It opened Friday.

Milliken Phase 2 No. 3 225 pxMillikan on Mass is named after an apartment building that once stood on the site. The 21-story, 246-unit Barton Tower was built in 1967. The Indianapolis Housing Agency completed $8 million in improvements to the building, including new mechanical systems and cosmetic upgrades.

The architect for Millikan on Mass is Ratio Architects.

 

ADVERTISEMENT
Comments powered by Disqus