May 9, 2013
Kathleen McLaughlinIndianapolis is reconsidering plans for cracking down on negligent landlords through a rental-housing registry after the Legislature
enacted a one-year moratorium on new fees.
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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.
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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.
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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.
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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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July 21, 2012
New owner of property bought out of foreclosure seeks city revenue bonds, state low-income housing tax credits.
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July 12, 2012
Associated PressAn Indianapolis judge has ordered a Phoenix-based home rental company to pay nearly $218,000 for not providing promised services
before the Super Bowl last February.
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April 21, 2012
Cory SchoutenOne of the most conspicuous local remnants of the condo crash—an unfinished $150 million South Carolina-themed community
near Keystone at the Crossing—could finally be completed, as apartments.
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March 31, 2012
The Piccadilly, at 16th and Pennsylvania streets, will undergo a historically sensitive renovation of its 58 units.
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March 24, 2012
Cory SchoutenDevelopers are catering to nontraditional renters by building units resembling upscale condos.
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January 20, 2012
Scott OlsonIndianapolis-area homeowners are looking to cash in by opening up their homes to visitors for daily prices ranging from about
$700 to $9,000, but demand may not come until participants in the big game are settled.
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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 5, 2011
Francesca JaroszA Bartholomew County not-for-profit affordable housing development group is preparing to fight in Indiana Tax Court a denial
of its property-tax exemption. The denial has put the organization
$200,000 in debt and its rental homes in danger of tax foreclosure.
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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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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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March 2, 2011
Kathleen McLaughlinInstead of offering to help would-be buyers of new houses sell their old homes, Marketplace is offering to become a rental
property manager for as long as six years.
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February 15, 2011
Tom HartonThe $7.2 million project, to be financed with affordable-housing tax credits, involves retrofitting the three-story former
Central Restaurant Products building to accommodate one- and two-bedroom apartments.
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January 6, 2011
Scott OlsonOccupancy in the Indianapolis metro area grew last year to 90.8 percent, according to the latest annual market report compiled
by apartment brokerage Tikijian Associates. The downtown market, in particular, boasted strong numbers.
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May 1, 2010
IBJ StaffRenovation work finally has begun on the building at 16th and Pennsylvania streets. Developer Christopher Piazza found two
equity partners for the project because banks were unwilling to lend.
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February 27, 2010
IBJ StaffA local developer’s plans to renovate a long-vacant and graffiti-covered 1915 building have hit a snag.
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September 19, 2009
IBJ StaffA local real estate veteran who had planned to retire has instead jumped back into the game with the purchase of two vacant
downtown properties he plans to convert to market-rate apartments.
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August 25, 2008
Cory SchoutenCharter Homes owner Jerry Jaquess fancies himself a white knight for King Park, a neighborhood once known mainly for its
rampant crime, boarded-up homes and vacant lots. But as he's constructed a slew of homes and carriage houses there, the local
builder has stirred up several lawsuits, dozens of liens and persistent questions about whether his business is legit.
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June 2, 2008
Chip CutterA locally based property management firm is struggling to find a buyer for its downtown apartment complexes, even as the city's
rental market continues to thrive. The privately owned Zender Family Limited Partnership, which was founded 38 years ago,
placed its 18-property apartment portfolio up for sale in November.
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Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.
Yes. Blame those who were too lazy to go vote Obama out and those who voted him in again. That's my take on it. I know folks won't get it on the left. OK. Start berating me now!
Serioulsy, people are AGINST this project? Most communities would be salivating over a project like this. You'd rather have an empty eye-sore gas station and shacks posing as apartments? This project is exactly what BR needs. BUILD IT MR MAYOR. And yes, I am a BR resident, and have been for 20 years.
As a St. Vincent employee of over 20 years, I am saddened and disheartened by this announcement. Unfortunately, as the healthcare "industry" continues on this political and corporate path, all that St. Vincent Hospital has stood for spiritually for its employees and this community is being sucked dry. I know it truly has no choice. It is not just Obamacare or just competition or just any single thing. This trend started long before I was even born when the government became involved in healthcare and it became an "industry." I grieve for those who will lose their jobs, one of whom may be me, but I also grieve for this hospital which I have served for over 20 years. May God give us and it the grace to withstand the future of healthcare.
Why do people constantly harp on this issue and act ignorant about what a city population measures? A city's population is the city's population. There is no argument or debate about it. If you want to measure the density of a city--measure it. If you want to measure the size of a metropolitan area, then measure the metropolitan population. City boundaries cover different sized areas--and they always have (though the disparity has probably increased since about 1900 or so when more cities began annexing their surrounding communities). For example, San Francisco only covers 49 square miles while Houston cover nearly 600 square miles. No one argues about the population rankings of either city even though they clearly cover extremely different sized areas. Indianapolis is the 13 largest city by population in the U.S. That is a fact. While the population of a metropolitan area may give you a better sense of how large a community is, as noted, even metro areas can vary widely in the size of geographic area they cover--so that is not a perfect comparison either.