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Buckingham Cos.
Housing 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.
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.
MoreCityWay sells out first phase of apartments
July 26, 2012
Cory SchoutenDeveloper Buckingham Cos. has taken deposits for all 100 apartments in the first phase of its $155 million CityWay project
at Delaware and South streets in downtown Indianapolis.
MoreBuckingham recruiting tenants for CityWay office building
June 16, 2012
Structure to be built steps away from Rolls-Royce, Lilly and newly built apartments and retail space.
MoreBuckingham reviving Gramercy project with smaller plans
May 29, 2012
Kathleen McLaughlinBuckingham Cos. has revived plans to redevelop the massive Mohawk Hills apartment complex in Carmel, but the latest version
of its Gramercy project takes a huge step back from the original dense, urban-revival-style plan the developer proposed six
years ago.
MoreRetail lineup taking shape for CityWay project
May 22, 2012
Cory SchoutenCityWay has landed a fine dining restaurant, a mixology bar, a Qdoba and a frozen yogurt shop as developer Buckingham Cos.
turns its attention to the retail portion of the $155 million mixed-use project.
MoreDeal rekindles $45M downtown project
March 17, 2012
Cory SchoutenFormer partners in Kosene & Kosene Development have settled a legal dispute that jeopardized redevelopment of the vacant
former Bank One Operations Center downtown. Milhaus Development has until May 1 to begin construction.
MoreNew apartments in 2012 on track for a 25-year high
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.
MoreBush Stadium rehab is Watson's latest creative project
July 16, 2011
Katie MaurerLongtime Indianapolis developer launches spirited attempt to save baseball palace.
MoreMcNamara moving from Broad Ripple after 57 years
July 7, 2011
Scott OlsonThe florist is moving from the Broad Ripple retail space it has occupied since 1954. Local developer Buckingham Cos., which
purchased the property in 2000, is preparing for the redevelopment of Monon Place.
MoreLocal developer ready to start $18M project
July 1, 2011
Associated PressIndianapolis-based Buckingham Cos. is expected to start construction this summer on an $18 million, 146-unit apartment building
in downtown Columbus.
MoreQuail Run Apartments in Zionsville changes hands
June 29, 2011
Richmond, Va.-based McCann Realty Partners LLC bought the 166-unit complex with a $9.25 million loan. The sale marks the second
time Quail Run has changed ownership in the past two years.
MoreChambers quietly built Buckingham into real estate colossus
June 25, 2011
Cory SchoutenThe North of South mixed-use project in downtown Indianapolis is just the latest development for Brad Chambers, who started
out in the landscaping business.
MoreCondo sales lag in hot downtown apartment market
April 5, 2011
Cory SchoutenNew apartment projects carrying premium rents are popping up all over downtown, but the strong demand for urban living isn't
providing much of a boost for the condo market.
MoreCity agency signs off on North of South site plans
February 10, 2011
Scott OlsonRegional Center Hearing Examiner gives blessing to the $155 million development's master plan. Site plans will go before the
Metropolitan Development Commission on March 2.
MoreCouncil to vote on funding for North of South project
February 7, 2011
The City-County Council will consider Monday evening whether to allow the city to issue $98 million in bonds to finance a
portion of the controversial $155 million development.
MoreCouncil committee to consider North of South bonds
January 17, 2011
Scott OlsonApproval would let city issue $98 million in bonds to finance its portion of the $155 million North of South mixed-use project
set to be built on 14 acres north of South Street between Delaware Street and Virginia Avenue.
MoreNorth of South project clears rezoning hurdle
December 16, 2010
Scott OlsonThe Metropolitan Development Commission agreed to rezone 14 acres of land, which houses a parking lot north of South Street
between Delaware Street and Virginia Avenue downtown, to accommodate the $155 million mixed-use project.
MoreNorth of South financing clears first hurdle
December 2, 2010
Scott OlsonThe Metropolitan Development Commission has approved an $86 million city loan to help fund the $155 million mixed-used development
near the downtown campus of Eli Lilly and Co. The project still needs approval from the City-County Council.
MoreStart of downtown North of South project in flux
November 22, 2010
Scott OlsonThe developer of the $150 million mixed-use project in downtown Indianapolis had hoped to start construction by the end of
the year. But delays in getting the project zoned properly likely will move the start date back.
MoreDowntown apartment developers take divergent paths to financing
October 30, 2010
Cory SchoutenJ.C. Hart Co. spent more than a year securing a $5 million bank loan to expand an existing project; Buckingham Cos. turned
to the city to finance its ambitious project just north of the Eli Lilly and Co. campus.
MoreDolce hotel, YMCA part of city-funded 'North of South' development
September 27, 2010
Scott OlsonThe city plans to issue bonds and use tax-increment financing to fund the $150M project, which also will include 320 high-end
apartments and 40,000 square feet of retail space. Construction should begin this year.
More$150M 'North of South' project moving ahead
September 27, 2010
IBJ StaffOfficials are announcing details of an ambitious downtown development planned for 10 acres Eli Lilly and Co. owns near its
Indianapolis headquarters. The project will include a hotel, apartments, restaurants and retail space and a YMCA.
MoreBuckingham thinks big with plans for downtown development
June 26, 2010
Cory SchoutenWill the latest ambitious downtown development proposal finally master the formula for transforming a downtown surface parking
lot?
MoreReceivership business picks up for property managers
March 23, 2010
Tom HartonCompanies hired by the courts to manage properties in financial distress are benefiting as the number of such properties grows.
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Doug Henning!
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Magician and illusionist!
The basic idea of nice apartments with parking and retail is a good one, but this design seems overwhelmingly big/tall for Broad Ripple. The size could be disguised a bit with lots of big trees/landscaping, but the complex is too massive to blend in easily. That section of canal between College and Westfield will also need to be upgraded on both sides. Nice apartments facing onto a nice promenade with shade trees/plantings could bring together the canal towpath/Monon recreation, the outdoor seating at existing restaurants, and this project into something that upgrades the whole area. A plan for the whole stretch makes more sense than facing nice new housing onto what looks like a ditch. Is there a plan? Does the public have input? Who pays? The apartment idea seems to be reasonable, but Whole Foods is not a good idea for appropriate retail. Besides the store being physically too big, there are already Fresh Market at 54xCollege and Whole Foods in Nora for fancy groceries. Good Earth and Kroger are within walking distance of the Shell site. There are at least 7 grocery stores within a safe bike ride. Whole Foods would add nothing but traffic congestion. This design is on the right track, but there needs to be more work done to ensure that it blends in with and enhances the existing community. A project that large will set a tone for that whole part of town. It could be a real asset, but only if done right.