February 29, 2012
Lincoln Apartments is set to be built on the city's west side, near the Richard L. Roudebush VA Medical Center. The project
will be financed with $11 million in rental housing tax credits.
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February 25, 2012
Marc D. AllanArchitects were told to push the envelope and integrate. Be mindful of where you are in the city and integrate well.
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February 18, 2012
Scott OlsonIncrease in federal funding helps developers finance projects that include mixed-income rental housing.
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January 28, 2012
Cory SchoutenAn apartment building spree downtown is getting fresh fuel with an $85 million mixed-use development that will be anchored
by a Marsh grocery.
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January 24, 2012
Cory SchoutenA local developer plans to build a Marsh grocery store and hundreds of apartments in an $85 million project that would replace
a block and a half of surface parking lots in the northwest quadrant of downtown.
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January 3, 2012
Cory SchoutenA local developer and historic preservation group have teamed up to save a 1913 apartment building near the Children's Museum
from demolition.
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December 13, 2011
A Marion Superior Court judge has approved the appointment of a receiver to manage Lexington Park near North Post Road and
East 38th Street.
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December 10, 2011
Cory SchoutenValparaiso-based Investment Property Advisors wants to build an $83 million apartment project for college students on one
of the last available parcels along downtown’s Central Canal.
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December 7, 2011
Scott OlsonThe first phase of the $22.5 million project, dubbed The Point on Fall Creek, would involve the construction of 58 apartments.
Another 80 units would follow, complemented by a retail component.
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December 6, 2011
Tom HartonThe number of transactions has more than doubled compared with last year, a spike in deal flow caused by healthy occupancy
rates and a combination of ample supply and low borrowing costs.
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November 22, 2011
Cory SchoutenThe developer of downtown's Cosmopolitan on the Canal is nearing a deal to sell a stake in the building to an investor in
a move that could free up capital to launch a $24 million second phase.
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November 15, 2011
Tom HartonThe local arm of a California-based developer of affordable housing is planning to invest up to $10 million in a 60-unit complex
at 20th Street and the Monon Trail.
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November 1, 2011
Cory SchoutenA survey of developers suggests up to 3,438 new units could hit the rental market next year, which would be the highest total
since 1987, when central Indiana gained about 4,500 units.
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October 29, 2011
IBJ StaffCity leaders and economic development officials planned to pay tribute Oct. 28 to Bush Stadium’s historical significance
before work begins to convert the venue into loft apartments.
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October 28, 2011
Cory SchoutenA local developer plans to invest more than $54 million to build apartment communities adjacent to the Rivers Edge shopping
center in Indianapolis and Metropolis in Plainfield.
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October 8, 2011
Cory SchoutenCall it Extreme Makeover: Holy Rosary. Just about every building and corner along a four-block stretch of Virginia Avenue
in this historic neighborhood southeast of downtown is under construction or will be soon.
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October 6, 2011
Scott OlsonThe Whitsett Group LLC's plans call for a $22 million project that would include nearly 140 apartments and a retail component
on the property where Keystone Towers stood. The company submitted the lone bid to the city to redevelop the site.
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October 6, 2011
Francesca JaroszThe Indianapolis Historic Preservation Commission unanimously approved the demolition of the former motel at 5585 E. Washington
St.—with a few conditions. Developers plan an $8.7 million project for the site.
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September 27, 2011
Tom HartonA developer that wants to replace a vacant Irvington motel with an $8.7 million apartment building could get permission as
early as next week to clear the site for redevelopment.
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September 20, 2011
Scott OlsonKing Park Area Development Corp. is partnering with an Indianapolis developer on an $8.7 million residential project to improve
a blighted parcel along the trail.
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September 13, 2011
Tom HartonCrown Property Group is issuing a request for proposals for two East Market Street buildings that now are used for office
space.
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September 6, 2011
Tom HartonGene B. Glick Co.’s purchase of the 240-unit Thompson Village apartment complex on the south side is the most recent
deal in a year full of apartment transactions.
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August 27, 2011
Cory SchoutenA local developer has acquired the northwest corner of 86th Street and Keystone Avenue and is working on plans for a $40 million
apartment and retail project.
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August 13, 2011
Cory SchoutenThe Whitsett Group wants to build 190 affordable and market-rate apartments, 44,000 square feet of retail and office space,
and more than 300 mostly underground parking spaces on a prime Lockerbie parcel.
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August 2, 2011
IBJ StaffSycamore Services Inc., which serves people with disabilities, has closed on $8 million in financing to build a 72-unit apartment
community in Brownsburg.
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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!