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IHPC to vote on putting historic designation on Drake Apartments building

September 4, 2019 | Mickey Shuey

The city’s historic preservation commission plans to move forward Wednesday with an effort that could curtail a plan by The Children’s Museum of Indianapolis to demolish an aging eight-story apartment building it has owned since 2012.

Report by city makes case for more apartments in Fishers

August 28, 2019 | Samm Quinn

The study found that 15.5% of the residential units in Fishers are apartments, lower than the national average of 22%.

Oaktree Apartments demolition order affirmed by appeals court

August 15, 2019 | Dave Stafford / The Indiana Lawyer

Oaktree Apartments, a blighted 19-acre property at the southeast corner of 42nd Street and Post Road with 336 apartment units, has been vacant since 2014.

City files eminent domain suit to acquire, demolish Oaktree Apartments

May 17, 2019

The city of Indianapolis has called the 19-acre property southeast of the intersection of 42nd Street and Post Road a “threat to public health, safety and welfare.”

Apartments, commercial space planned for innovation district

May 9, 2019

Luxury apartments and mixed-use commercial space will soon be part of Purdue University’s Discovery Park District.

Student apartments near IUPUI to get 72-unit addition from new developer

April 16, 2019

Indianapolis-based Spectra Student Living bought an existing complex on 10th Street for $23 million and is planning a second phase with units overlooking the White River.

Council passes plan to buy new vehicles, tear down Oak Tree Apartments

April 9, 2019

The often-bipartisan Indianapolis City-County Council cast a rare politically divided vote Monday night on a proposal that would, among other things, spend nearly $850,000 to buy new vehicles for city employees.

Fishers City Council approves zoning change to allow income-based, age-restricted apartments

December 18, 2018

The council gave the green light Monday to RealAmerica LLC’s plan to build a 130-unit complex along the proposed Nickel Plate Trail that would include 65 apartments with rents based on income.

City poised to offer $1.6M to acquire troubled Oaktree Apartments

November 30, 2018

The abandoned, 336-unit complex “presents considerable safety and security challenges” for its surrounding neighborhood, according to the city.

Coil Apartments in Broad Ripple sold for more than $40 million

November 28, 2018

A Chicago-based private-equity firm acquired the grocery-anchored 151-unit complex from a partnership consisting of developers Browning Investments and Sheehan Construction Co.

IBJ real estate panel talks apartments, Mass Ave, Castleton

September 19, 2018

Experts at IBJ’s Commercial Real Estate Power Breakfast said the fundamentals of downtown’s apartment market remain strong.

Developer proposes income-based senior apartments for Fishers

September 6, 2018

If approved by the city, site work would begin in early spring 2019, with construction starting shortly after.

Report finds affordable apartments out of reach for many area workers

June 13, 2018

The Indiana data is less bleak than the national average, which found a full-time worker would have to earn $22.10 on average to afford a two-bedroom rental.

Apartments proposed for land that sparked 10-year battle between Zionsville, Walmart

May 16, 2018

A three-building apartment complex could be built on property where Walmart once fought to open a 300,000-square-foot superstore.

HAND to renovate Lebanon duplexes into affordable apartments

April 26, 2018

The Noblesville-based not-for-profit known as HAND has announced it will invest $2 million to acquire and renovate 17 duplexes in Lebanon into affordable apartments for low-income residents.

Developer seeking to add 252 apartments to culinary complex in Fishers

February 9, 2018

The luxury units would accompany 120,000 square feet of retail and two hotels slated to be built on 17 acres in The Yard along 116th Street east of Interstate 69.

Known for malls, Simon turns to apartments, hotels

December 7, 2017

The company said it hasn’t lost faith in brick-and-mortar retail but now is broadening its development focus in a quest to continue increasing the value of its real estate holdings.

Purdue turns to private apartments to house surplus of students

August 28, 2017

The university enrolled about 7,600 freshmen this fall, its largest first-year class in more than a decade. Almost 95 percent of them decided to live on campus.

Apartments planned for two former auto factory sites

August 22, 2017

A developer is working on a $13 million plan to build apartments where transmissions and automobiles were manufactured as far back as 1912 in Muncie.

Apartments, grocery proposed in $32M renewal effort on key stretch of 38th Street

July 18, 2017

Plans are taking shape to revamp dilapidated and underdeveloped properties in the Maple Crossing area, north of 38th at Illinois and Meridian streets.

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