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.
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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.
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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.
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June 16, 2012
Structure to be built steps away from Rolls-Royce, Lilly and newly built apartments and retail space.
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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.
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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.
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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.
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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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July 16, 2011
Katie MaurerLongtime Indianapolis developer launches spirited attempt to save baseball palace.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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June 26, 2010
Cory SchoutenWill the latest ambitious downtown development proposal finally master the formula for transforming a downtown surface parking
lot?
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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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"And the success of the Indiana GOP to not allow an expansion of Medicaid had nothing to do with Indiana hospitals' financial woes? Fixed that for you; editorial bias rebalanced. Seriously, there are so many things wrong with Obamacare that the only way one can view it as a success is to assume that it was designed to fail our way into a government single payor healthcare system. The system is complex, creates huge regulatory burdens and overhead and yet still does not have adequate means to control escalating health care costs. But then when you elect a 10th grade math drop out with no quantitative reasoning skills to be President of one of the world's most important economies in troubled times, you can't really be surprised by blatant stupidity.
No NIMBYs here to chase off a decent development. We don't need tons of parking and we'd happily play the role of host to a downtown Whole Foods.
Whatever you do, don't change a single thing about Broad Ripple. I want it to look just like it did in the late '70s, with 30% of the north side of Broad Ripple Avenue burned out and plenty of places to park. That's right Broad Ripple, NEVER CHANGE. Let the world pass you by, don't improve your empty, abandoned lots full of weeds. Someday someone will want to film a zombie movie here.
Hollywood could step in and make a movie about the history about this forlorn series. It could be a full celebrity cast of characters. WOW. http://www.advanceindiana.blogspot.com/2013/02/indiana-taxpayers-forced-to-pay-for.html
This shouldn't come as a shock to many. Austin is a great city, and Indy needs to take some notes. Austin invests in decent transit options, has a highly educated workforce, embraces a creative class, and --despite being the state capital-- is not micromanaged by rural and suburban legislators. Want Indy to grow? Invest in the city (i.e. spend money). Raise taxes a bit, and use the money to improve education. And keep the state legislature out of Indy the other 9 months of the year.