Kite, Milhaus detail plans for 7-building apartment complex in Glendale
The two local developers said they hope to start work on a 267-unit apartment project in Glendale Town Center’s parking lot by the end of this year.
The two local developers said they hope to start work on a 267-unit apartment project in Glendale Town Center’s parking lot by the end of this year.
Milhaus CEO Tadd Miller said his firm, which is also a Xiber customer, decided to invest in the company because of demands from his clients for the services Xiber offers, such as home automation.
Milhaus’ 175-unit project, dubbed The Grid, will also include a 180-space parking garage and an enclosed outdoor courtyard with kitchen and lounge areas.
The developer says it had agreed to let the college continue to operate on the site for three years before the surprise news last week that it was shutting its doors for good.
Indianapolis-based developer Milhaus is marketing a massive package of multifamily properties that includes several high-profile developments in Indianapolis.
The real estate firm—which was No. 1 on this list last year—added offices in Pittsburgh, Milwaukee and Oklahoma City in the past year and soon will be in Tampa and the Carolinas.
Milhaus, parent of several real estate-related companies, is best-known for its local apartment projects, including Artistry, Circa, Maxwell, Mozzo and Penn Circle.
As president of Milhaus Management, the property management arm of fast-growing apartment developer Milhaus, Alexandra Jackiw focuses on making the developments as appealing to residents as possible.
The sale by Indianapolis-based developer Milhaus is just the latest chapter in the twisty story of the high-end development, which is at the southeast corner of East 78th Street and Keystone Avenue.
Officials received just one response: a proposal to build 35 to 40 apartment units on the thin tract fronting a parking garage.
StreetLinks, which sells real estate appraisal management services and software, plans to move from the far south side to the ground floor of the $30 million Artistry project at 451 E. Market St.