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Residential Real Estate
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.
MorePittman pitches $90M mixed-use project for Zionsville
May 22, 2013
Andrea Muirragui DavisOne of the highest-profile tracts of undeveloped land in Zionsville could be transformed into a commercial and residential
hub if Pittman Partners' 62-acre project gets the town’s blessing.
MoreKessler Mansion neighbors balk at business uses
May 15, 2013
Dan HumanAn Indianapolis City-County Councilor is looking into the possibility of zoning violations at the massive north-side property.
The mansion will host a camp for entrepreneurs in June.
MoreNancy Irsay puts party pavilion, home on market for $3.7M
May 14, 2013
Scott OlsonDozens of small charities have used the pavilion in south Carmel to host events, paying far below market rates.
MoreArea homes sell at faster clip
May 13, 2013
Purchase agreements for existing homes in the Indianapolis area increased 13.2 percent in April. Home sales have jumped in
each of the first four months of the year.
MoreScam artist receives 34 years for home-sale scheme
May 10, 2013
IBJ StaffShela Amos, 57, led victims in Indianapolis to believe they were legitimately purchasing vacant homes that Amos did not actually
own.
MoreArea homebuilding permit filings surge 41 percent
May 9, 2013
IBJ StaffSingle-family building permits filed in the nine-county Indianapolis area rose again in April, the 10th straight month of
year-over-year increases.
MoreCity code enforcement rethinks rental housing strategy
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.
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.
MoreIndiana foreclosure prevention program expanding
April 17, 2013
Associated PressState officials estimate that about 10,000 Indiana homeowners will get help in making their mortgage payments under an expansion
of a federally funded foreclosure prevention program.
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.
MoreGrowth in area home sales hits March slowdown
April 12, 2013
The 1.2-percent improvement last month followed healthier jumps of 17.2 percent in January and 8.1 percent in February.
MoreArea homebuilding permits jump 10 percent
April 10, 2013
IBJ StaffSingle-family building permits filed in the nine-county Indianapolis area rose again in March, the ninth straight month of
year-over-year increases.
MoreExisting-home sales market surging 15 percent across Indiana
April 9, 2013
Associated PressThe housing market has spiked so much in some places that real estate agents are turning to Facebook and going door-to-door
looking for prospective sellers because of a shortage of houses for sale.
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.
MoreVeteran residential launches own real estate firm
March 30, 2013
IBJ StaffJoe Everhart, who had spent 20 years at the Sycamore Group, opened his own business at 716 Massachusetts Ave.
MoreLand prices creeping up after collapsing in bust
March 30, 2013
Scott OlsonUltra-cheap residential land is disappearing quickly as home-building activity rebounds from the Great Recession.
MoreBoomerang comes back with plans for Noblesville subdivision
March 29, 2013
Andrea Muirragui DavisA local developer is moving forward with plans to build a 144-lot subdivision in Noblesville—the first such project
city officials have OK’d since approving another proposal for the same property in 2007.
MoreDesirable homes selling fast in Indianapolis area
March 23, 2013
Cory SchoutenA confluence of circumstances has led to a spurt of sales that sometimes occur within days.
MoreArchitect designs home to grow with his family
March 23, 2013
Sam StallArchitect Chris Lake’s Zionsville home is a work in progress, and probably always will be.
MoreAt Home Quarterly: Marketplace
March 23, 2013
IBJ StaffIndianapolis-area statistics on home sales, demographic trends and more.
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Just because someone supports the project, they are a PR shill for the developer? Myself and everyone I know has no connection whatsoever to any developer. We just want Broad Ripple to move forward and develop, not stay stagnant.
And the failure on the part of Indiana GOP to allow an expansion of Medicaid had nothing to do with Indiana hospitals' financial woes?
It would have been nice if they could have arranged for at least some of Zaxby's menu to be sold at the concession stands as part of the marketing campaign.
Get the feeling Browning has some PR presence on the message board this morning. I don't know a single person in the neighborhood who supports this project.
Grew up in Warfleigh, which is the neighborhood directly across College from the proposed development. I am against the proposed project for several reasons: 1) Traffic Flow -- College is already a mess, especially with the new lane guidance which makes the southbound left lane 'turn only' at Broad Ripple Ave. Not to mention the backups at 64th and College. If this is in fact a Whole Foods, I would expect a steady stream of cars pulling in and out, either off College or 64th Street which are both bad already. 2) Use of TIF funds. I though TIF funds were for under-developed areas, to help bolster property tax rolls for the city. I agree with Barth that this area will do just fine letting market forces dictate what is developed. 3) Specialty Grocer Overkill. There is already a Fresh Market a mile south and a Whole Foods 2 miles north. This store is not needed. Frankly I shocked that the Whole Foods site selection criteria supports a store right here 4) Hurts the Character of the Neighborhood. This type of development, along with the (hideous) parking garage down the street are out of character with the history and fabric of this area. Broad Ripple has succeeded because it was quirky and different. It would be a shame if the city gets involved and helps support ANOTHER project that aims to turn Broad Ripple into some kind of manufactured urban center.