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Apartments
Broad Ripple project takes heat at Village meeting
May 24, 2013
IBJ StaffJeering and catcalls greeted officials from Browning Investments, which has proposed the $18 million residential and retail
development along the Central Canal.
MoreBrowning exec Dye joining The Whitsett Group
May 7, 2013
Scott OlsonDennis Dye will become a partner at Whitsett, a prolific developer of affordable housing. He has served two stints at Browning
totaling about 20 years.
MoreStadium Lofts apartment project nears opening day
May 4, 2013
Scott OlsonThe unusual nature of the redevelopment and its location are driving strong leasing activity.
MoreConstruction begins on $16M downtown apartment project
April 16, 2013
Scott OlsonThe property at 800 N. Capitol Ave. is receiving a total rehab from two local developers that are retrofitting the building
with 111 apartments.
MoreDeveloper closing in on Ironworks anchor tenant
April 9, 2013
Scott OlsonHendricks Commercial Properties is set to break ground on the $30 million mixed-use development on the southwest corner of
86th Street and Keystone Avenue on Wednesday.
MoreNoblesville OKs $40 million upscale apartment project
April 5, 2013
Andrea Muirragui DavisThe vast multifamily project in the city’s massive Corporate Campus would effectively close out such development there.
City officials hope it will attract more businesses.
MorePedcor moving ahead with $13M Central State apartments
April 2, 2013
Scott OlsonThe Retreat on Washington would be the developer's second project at the former psychiatric hospital campus on Indianapolis'
west side.
MoreWhitsett bids to redevelop Star headquarters
April 1, 2013
Scott OlsonOne of the city's most prolific developers of affordable housing hopes to buy the Indianapolis Star headquarters
to redevelop the property into apartments or condominiums.
MoreLocal housing projects get $3.4M boost from tax credits
March 1, 2013
The Indianapolis developments include new apartments for seniors, the developmentally disabled and homeless veterans, using
sites such as Fort Harrison and the former Central State grounds.
MoreDrywall contractor charged with underpaying employees
February 15, 2013
Dan HumanAn Indianapolis drywall contractor faces criminal charges that he underpaid his employees working on a government housing
project, and then falsified documents to cover it up, the Marion County Prosecutor's Office announced Friday.
MoreFlock plans overhaul of Old Northside apartments
January 22, 2013
Cory SchoutenFlock Real Estate Group plans to spend more than $1 million to renovate side-by-side Old Northside apartment buildings in
the firm's largest solo project to date.
More$1.5M plan to salvage Di Rimini nears finish line
January 15, 2013
Cory SchoutenThe bank that owns the hulking pile of code violations known as Di Rimini at the southeast corner of Capitol Avenue and St.
Clair Street is poised to invest more than $1.5 million to finish the ill-fated project.
More$30M Keystone mixed-use project seeks city approval
January 8, 2013
Tom HartonHendricks Commercial Properties wants to build a five-story, L-shaped building with more than 36,000 square feet of ground-level
retail space and 130 high-end apartments on the upper floors.
MoreHousing group sues Buckingham over apartment accessibility
December 11, 2012
Scott OlsonThe National Fair Housing Alliance alleges in a lawsuit that four of the local apartment developer's properties violate Fair
Housing Act accessibility requirements.
MoreGas leaks force 29 from central Indiana apartments
December 6, 2012
Associated PressAuthorities have ordered the 29 residents of an Anderson apartment complex to leave their homes until gas leaks found in all
five of its buildings can be repaired.
More$22M foreclosure suit targets local apartment complexes
November 21, 2012
Scott OlsonThe three complexes are Dogwood Glen Apartments on the city's northwest side, Elmtree Park Apartments on the far-east side
and Heathmoore Apartments on the southeast side.
MoreOne Mass Ave project starts; another one is in limbo
November 13, 2012
Tom HartonInsight Development has begun building an $11.5 million, 61-unit apartment project at Massachusetts Avenue and East and North
streets. But the fate of the second phase is up in the air because its financing had been tied to a project Insight
and Flaherty & Collins Properties had hoped to develop across Mass Ave at the site of the Indianapolis Fire Department
headquarters.
MoreDeveloper gets OK for second phase of apartment project
October 26, 2012
Scott OlsonTrinitas Ventures of West Lafayette plans to break ground next spring on a $20 million student housing project on Indiana
Avenue with 214 units. The developer already has built 253 units on the site.
MoreCity selects developers for Mass Ave project
October 24, 2012
Cory SchoutenCity officials have picked the apartment specialist J.C. Hart Co., retail developer Paul Kite Co. and architecture firm Schmidt
Associates to redevelop a prime Mass Ave parcel currently occupied by the Indianapolis Fire Department.
MoreReport: Apartment gains could cool in 2013
October 23, 2012
Cory SchoutenIndianapolis-area apartment occupancy and rent rates should continue to grow in 2013, albeit at a slower pace, as developers
finish more units and the single-family market picks up steam, the locally based apartment brokerage Tikijian Associates predicts
in a new report.
MoreMilhaus buying site for more downtown apartments
October 9, 2012
Tom HartonThe local developer has agreed to purchase the former Mitchell & Scott industrial complex in the 600 block of College
Avenue and is in the process of pulling together a plan for the site.
MoreFishers Marketplace gets new life under Thompson Thrift
September 25, 2012
Tom HartonA high-end apartment project and neighborhood retail center are scheduled to break ground soon as the first components of
the retooled Fishers Marketplace development at State Road 37 and 131st Street.
MoreSecond-tier office buildings Indianapolis now top-of-mind for buyers
September 22, 2012
Mason KingClass B admirers are benefiting from low prices and lending rates, and turning the buildings into apartment and company headquarters.
MoreVirginia Avenue attracts yet another project
September 11, 2012
Tom HartonEnglewood Development has under contract the former Shirley Engraving property at 460 Virginia Ave., where it plans up to
50 apartments, about 5,000 square feet of retail space and an underground parking garage.
MorePackage of 16 apartment complexes back on the market
August 21, 2012
Scott OlsonThe local Zender Family Limited Partnership again is attempting to sell the buildings after failing to attract a suitable
buyer four years ago. The family is expecting better results this time because it's willing to break up the portfolio and
sell the buildings individually.
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First, let me say that I love the idea of communities being self-sufficient and people in the community not needing cars, living, working and shopping all in their neighborhood. To sum it up; I love good urban planning and hate urban sprawl. However, there are two reasons that I am against this development. First, this building doesn't fit. Density can occur in Ripple by building up top the street and better use of land. The scale of this project should be downtown. Secondly, I would be willing to bet that if a whole foods in Ripple is built, the Nora store would be closed. Here's my reasoning. The Nora Whole Foods expansion plans have been put on hold. I'm guessing they are waiting to see what happens with the Ripple proposal. Communities next to each other should work together to end sprawl and not work against each other and take other neighbors assets. Develop something both communities can be proud of and will attract more development and density. There's my soap box for the day.
My apologies, Lou - it was the Indy Star that printed cost for entertaining "celebrities" during Indy 500. Sorry for confusing the always timely IBJ with Indy's Gannett reprint news source.
That's fine if you want a grocery store that has festivals and live music. I guess with the prices they charge, they can afford to host such activities. As for me, I choose to spend my money more wisely and if I want to go to a festival or a concert, I will pay for that separately - not through my grocery bill.
TIF is not just to attract development but to attract a higher use for that development. Carmel wisely is using TIF for numerous public parking garages. Asphalt seas of parking pay little taxes and bring even less value to a commercial area. Also density is what is going to save Indy and Broad Ripple. The days of trying to compete with burbs are long gone.
The Prestige was an awesome movie.