A 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.
A parcel of overgrown bank-owned property with a leaky roof at the southwest corner of East 86th Street and Keystone Avenue may finally be poised for redevelopment: A Wisconsin firm has the 6.4 acres under contract and is putting together plans for a retail strip, a couple of restaurants and possibly a hotel.
FTE= full-time equivalent Affordable Pool Service P.O. Box 62, Carmel 46082 (317) 848-9699 / fax (317) 848-2312 Website: affordablepool.net Type of company: service/repair Percent of business: commercial 60, residential 40 Services: weekly service, repairs, openings, closings, pumps, heaters, filters, liners, auto covers, custom covers Head(s) of local operations: Tom Wetterer Owner(s): Tom Wetterer, Mary Wetterer […]
This Victorian-era house, which is for sale for $299,000, is considered among the most uniquely designed residences in Woodruff Place.
Developers are catering to nontraditional renters by building units resembling upscale condos.
A 34-year-old man died after being shot early Wednesday at Oaktree Apartments, near 42nd Street and Post Road, on the east side of Indianapolis. Police were already near the shooting scene to investigate an unrelated domestic disturbance when they heard gunshots about 12:30 a.m. They quickly found the victim but the shooter had fled. The victim died a short time later at Wishard Hospital.
Residential 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.
The 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.
Two 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.
Former partners in Kosene & Kosene Development have settled a legal dispute that jeopardized redevelopment of the vacant former Bank One Operations Center downtown. Milhaus Development has until May 1 to begin construction.
The critical element missing is an unparalleled market of educational opportunities. We can fix this.
The Whitsett Group and Ambrose Property Group expect to spend $7 million to $10 million to retrofit the building at 333 N. Pennsylvania St. to accommodate 72 apartments.
The project by developer John Watson’s Core Redevelopment calls for preserving the stadium’s historic façade and shell as part of the 131-unit Stadium Lofts apartments, along with an adjacent 132-unit apartment community called Stadium Flats.
Deron Kintner has stepped up to fund a string of high-profile real estate projects at a time when private-sector financing is scarce.
-City Thrift Store leased 29,700 square feet of retail space in Washington Market, 10435 E. Washington St. The tenant was represented by Frank Swiss of Swissco Real Estate. The landlord, Sandor Development, was represented by Sandor’s Jeff Roberts and Drew Kelly.
-A.H. Furnico renewed its lease for 14,400 square feet of industrial space at 6425 E. English Ave. The tenant was represented by Kelly Williams of Cassidy Turley. The landlord, English Avenue Properties LLC, was represented by Alex Blackburn of RE/MAX Real Estate.
-Meridian Title Corp. renewed its lease for 3,746 square feet at 11711 N. Pennsylvania St. The andlord, North Pennsylvania Associates LLC, was represented by Mike Napariu of REI Real Estate Services LLC. The tenant represented itself.
-The Bike Line leased 3,307 square feet at Carmel City Center, 723 Hanover Place, Carmel. The landlord, Carmel City Center LLC, was represented by Melissa Averitt of Carmel City Center. The tenant represented itself.
-Indianapolis Physical Therapy & Sports Medicine renewed its lease for 3,194 square feet of retail space in George Thomas Plaza, 1048 N. Shadeland Ave. The tenant was represented by Patty Toth of Jackson Cross Partners. The landlord, Ladywood Apartments LLC, was represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates.
-San Antonio Shoe Inc., dba SAS Comfort Shoes, leased 2,250 square feet of retail space at 4909 E. 82nd St., Suite 100. The tenant was represented by Andrew Schrage of Coldwell Banker Commercial Realty Services. The landlord, PK Clearwater Springs LLC, was represented by PK Partners.
-Which Wich Superior Sandwiches leased 2,022 square feet of retail space in The Avenue, 860 W. 10th St. The tenant was represented by Bart Jackson and Scot Courtney of Lee & Associates. The landlord, Fall Creek Housing Partners LLC, was represented by Natasha Evans of Buckingham Cos.
-Midwest Tax Group expanded its lease to 1,519 square feet of office space in Castle Creek V, 5750 N. Castle Creek Parkway. The tenant was represented by Herb Feldmann and Cindy Hoskinson of Lee & Associates. The landlord, Castle Creek Pkwy LLC, was represented by David Gimple of Friedman Integrated Real Estate Services.
-Jack & Jill Children’s Shoppe leased 997 square feet at Carmel City Center, 727 Hanover Place, Carmel. The landlord, Carmel City Center LLC, was represented by Melissa Averitt of Carmel City Center. The tenant represented itself.
-Simply Holistic Health LLC leased 937 square feet of office space at 8801 N. Meridian St., Suite 100. The tenant was represented by Andrew Schrage of Coldwell Banker Commercial Realty Services. The landlord, Sun Life Assurance, was represented by Hokanson Cos. Inc.
Lincoln Apartments is set to be built on the city’s west side, near the Richard L. Roudebush VA Medical Center. The project will be financed with $11 million in rental housing tax credits.
3-D scans match former hospital with building plans.
Architects were told to push the envelope and integrate. Be mindful of where you are in the city and integrate well.
FINALIST: Community Achievement in Health Care
