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Residential Real Estate
Massive Anson project showing residential, retail progress
May 19, 2012
Cory SchoutenDuke Realty Corp. has retrenched at its massive Anson development in Whitestown—focusing on the most promising sections,
rearranging some of its site plans, and letting land-purchase contracts expire on about 300 acres where development prospects
are likely several years away.
MoreCentral Indiana home-sale agreements up in April
May 11, 2012
Purchase agreements of existing homes in the nine-county area tracked by F.C. Tucker Co. hit 2,252 last month, a 3.3-percent
increase over April 2011. Year-to-date home sales were up 12 percent.
MoreMetro-area building activity dips in April
May 9, 2012
Scott OlsonPermits filed last month in the nine-county area totaled 352, a 2-percent year-over-year decrease. But activity through the
first four months remains stronger than it was during the same time last year.
MoreLocal real estate developer files for bankruptcy
May 1, 2012
Scott OlsonCornelius M. Alig, chairman and CEO of Mansur Real Estate Services Inc., filed for Chapter 7 protection, listing $11 million
in personal debt he attributed to the prolonged slump in the real estate market.
MoreBall State planning 100-room campus hotel
April 25, 2012
Associated PressBall State University plans to build a $25 million hotel in a building that will also have student-housing space, conference
rooms and two restaurants.
MorePulte snaps up, repositions stalled Avon housing development
April 24, 2012
Tom HartonPulte is tossing out the prior builder's playbook, which called for duplexes aimed at buyers 55 and older. Pulte rezoned
the land to allow for single-family homes on larger lots. The resulting 123 home sites will accommodate ranch-style homes
starting in the low $100,000 price range.
MoreMilhaus buys 55 acres on Keystone to build 300 apartments
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.
MoreCity gives OK for $60M apartment building on canal
April 18, 2012
Scott OlsonInvestment Property Advisors agreed to reduce the size of the apartment building from 26 stories to 10 stories and from 485
units to 319 units to help gain support from the city.
MorePlan envisions hot growth for downtown Indianapolis
April 14, 2012
Cory SchoutenA study commissioned by the office of Mayor Greg Ballard envisions a much more densely populated, walkable downtown core stretched
by several blocks and supported by another Circle Centre mall's worth of retail and enough new office space to double
the size of Chase Tower.
MoreHomebuilders resume land development after enduring crash
April 14, 2012
Cory SchoutenNewly confident buyers seeking to capitalize on low mortgage rates have discovered there’s a scarce supply of well-maintained
existing homes for sale and are turning in larger numbers to new homes.
MoreLakes of Carmel apartment complex sold
April 13, 2012
The 324-unit Lakes of Carmel apartment complex has been sold, a real estate broker involved in the sale announced Friday.
Terms of the sale were not announced, but the property was previously sold in 2006 for $21.8 million.
MoreArea homes sales rise for 11th straight month
April 13, 2012
Purchase agreements in the nine-county area increased 4.9 percent over March 2011. Existing home sales were up 13.3 percent
in the first quarter of 2012 and have recorded year-over-year improvements for 11 straight months.
MoreCity approves design of $45M downtown project
April 12, 2012
Scott OlsonPlans call for the vacant, two-story former Bank One Operations Center at the northwest corner of Washington and East streets
to be converted into a five-story apartment building with office or retail space on the first floor.
MoreArea home-building activity up in first quarter
April 12, 2012
New-home permits in the Indianapolis metropolitan area rose 13 percent in the first three months of 2012 compared with the
same quarter last year, bolstered by stronger activity in February and March.
MoreForeclosures down nationally, up in Indiana
April 12, 2012
Associated PressActual foreclosures sank to a five-year low in March, but the number of homes entering the foreclosure process is on the rise
again.
MorePenn Arts owner buys historic apartment building
March 31, 2012
The Piccadilly, at 16th and Pennsylvania streets, will undergo a historically sensitive renovation of its 58 units.
MoreMass Ave project surrounding Barton Tower gets state OK
March 27, 2012
Tom HartonA partnership of Flaherty & Collins Properties and Insight Development Corp. was awarded rental housing tax credits by
the state that will be sold to finance construction of a 61-unit, $11.5 million apartment project at 555 Massachusetts Ave.
MoreApartment convenience luring would-be homebuyers
March 24, 2012
Cory SchoutenDevelopers are catering to nontraditional renters by building units resembling upscale condos.
MoreCarmel home designed to keep energetic kids occupied
March 24, 2012
Katie MaurerAt 10,000 square feet, Paul and Sarah Lushin's sprawling French Country residence offers plenty of space for recreation and
entertaining. It also serves as home base for the family’s quarter midget racing team.
MoreDecision on canal residential project delayed again
March 22, 2012
Scott OlsonThe Metropolitan Development Commission moved a vote on the proposal to April 18 after expressing concern that it didn't have
enough time to review plans that reduce the project from 26 stories to 10. The developer criticized the delay.
MoreBuilders betting on brighter U.S. housing market
March 21, 2012
Associated PressResidential building permits are being filed nationally at about half the rate considered healthy by most economists, but
builders have grown more confident over the past six months after seeing more people express interest in buying a home.
MoreDeveloper scales back plans for tower along Central Canal
March 20, 2012
Scott OlsonThe firm behind a proposed downtown apartment tower designed for college students has slashed its height from 26 to 10 stories
to improve its chances of winning city approval.
MoreIrvington apartment, streetscape projects clear hurdles
March 20, 2012
Tom HartonTwo significant construction projects are closer to starting in Irvington, where the district’s East Washington Street
commercial corridor is bouncing back even as one of its key buildings faces demolition.
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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.