Property Lines - Scott Olson

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Real Estate & Retail

Former Colt behind condo project

February 15, 2008

CityViewThe developers of a new condo project just east of I-65/70 are hoping to capitalize on stunning skyline views and an upcoming reconfiguration of the Ohio Street Interstate ramp. The project, dubbed CityView, includes five units along Herman Street between Ohio and Market streets. It was developed by locally based KMR Real Estate Services, a company that has former Colts tight end Ken Dilger as a principal. The company has done rehab work, but this is its first ground-up development. The 3-story units range in price from $350,000 to $400,000. Each condo includes two bedrooms, 2.5 baths, two balconies and a rooftop garden. All five units are available, said F.C. Tucker's Chris Thomas, who has the listing. What do you think?
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