Bids pitch apartments, retail for former Fall Creek YMCA
Two bidders have submitted plans to redevelop the vacant former Fall Creek YMCA along West 10th Street with apartments and
retail space.
Two bidders have submitted plans to redevelop the vacant former Fall Creek YMCA along West 10th Street with apartments and
retail space.
An elegant Old Northside mansion known as the Yellow Rose Inn has a new owner with plans to discontinue a bed-and-breakfast
operation.
Riley Area Development Corp. is pitching the idea of building a performing arts center in the City Market. The YMCA
of Greater Indianapolis, meanwhile, is in talks with the city about building a full-service fitness center on the site.
Retail construction has all but ground to a halt because of the recession, but that’s not the case in Carmel, where Keystone Construction Corp. is in the midst of developing a $45 million, mixed-use project.
CB Richard Ellis recently began marketing the most prominent of Premier Properties’ local properties, Metropolis. The
Venu site
at the southwest corner of East 86th Street and Keystone Avenue also is up for grabs.
Multifamily housing may not benefit anytime soon from falling rates of homeownership.
The Commerce Department said Wednesday that construction of new homes and apartments fell 10.6 percent in October, to the
lowest level since April.
1380 Saylor LLC, an affiliate of Los Angeles-based real estate investment fund QVT Mount Auburn Capital LP, bought the 166-unit
Quail Run apartment complex in Zionsville. Bluestone Property Management, an owner and manager of apartments in the Midwest,
is an investor. The seller was Apartment Investment Management Co., one of the nation’s largest apartment owners. The
property was listed with Tikijian Associates, which brokered the deal.
Van Rooy Properties plans to spend $5.5 million renovating a 277-unit west side apartment complex that it acquired a month
ago in an unusual deal.
The city has agreed to hand over architectural artifacts from a landmark downtown building to a historic preservation group. The Historic Landmarks Foundation of Indiana plans to auction off pieces from the parapet that once stood atop the Indianapolis News-Goodman Jewelers Building along Washington Street. The building, just east of the Conrad Hotel, now is […]
The city has agreed to hand over architectural artifacts from a landmark downtown building to a historic preservation group.
Four properties for sale along a two-block stretch of East Market Street downtown are likely to offer the first signs of what’s
in store for an area real estate brokers think will get a boost from the recent removal of the Market Street interstate ramp.
Architect and developer Craig Von Deylen hopes to close by next week on the purchase of the Murphy Arts Center in Fountain
Square and is in the process of signing new tenants, including the Indianapolis Museum of Contemporary Art.
Locally based Barrett & Stokely Inc. has taken over management of The Maxwell Apartments downtown at 530 E. Ohio St. The community
already is about 50 percent occupied.
Just about every player in the real estate business—whether individual investor, private-equity fund or publicly
traded company—is trying to raise capital to take advantage of what they see as an inevitable shakeout in commercial
property.
Yats plans to open a new restaurant and bar concept in the first floor of the The Ambassador apartment building next to the
Central Library.
Applications for home-building permits, a gauge of future construction, fell in September by the largest amount in five months.
Bloomington Mayor Mark Kruzan believes this beloved college town loses a bit of its identity every time a national chain sets up shop.
A troubled low-income housing project has a new owner with plans to redevelop the complex to better
connect with the Herron Morton Place neighborhood. Next door, Kroger has revived efforts to acquire
land and plan a new supermarket to replace a cramped, old-format location.