The owner also wants the city to vacate its right to an alley between the properties, which he says has become a “safe haven for crime and inappropriate and lewd behavior.”
The project is set to occupy the 20-acre Diamond Chain manufacturing site along Kentucky Avenue, just blocks from Lucas Oil Stadium, with some portions—including the stadium—set to be completed by summer 2025.
An Ohio-based firm plans to seek tax credits in its effort to develop dozens of apartments and townhouses on a seven-acre tract of land on the western edge of the Central State Hospital campus in Indianapolis.
An emerging pullback should be welcome news for the Federal Reserve, which has been taking aggressive steps for more than a year to slow the economy enough to bring down inflation.
Chicago-based William Management expects to spend at least $14 million to redevelop the former, century-old school building and build a second structure, with the buildings totaling 70 apartments.
The projects include a $90 million age-restricted luxury apartment building and a $32.5 million “urban village” that will be anchored by a new headquarters for an Indianapolis-based multifamily developer.
On the heels of breaking ground on the Eleven Park stadium district last month, Indianapolis-based Keystone Group is asking the city to rezone nearly 11 acres of surface parking nearby, opening up options for redevelopment in the future.
The city council approved project agreements for three major developments announced last week, along with an economic development agreement for a compounding pharmacy looking to move to the city.
The complaint lists problems alleged by seven residents involving repairs that were never made, incorrect bills that caused financial hardship, and general difficulties in contacting and dealing with management.
Boosted by a strong dollar and in some cases pandemic savings, Americans are so eager to explore again that they’re undaunted by higher airfares and hotel costs.
A historic double strike will effectively shut down Hollywood beginning Friday, after a union representing nearly all TV and film actors failed to secure a new contract with major studios.
In cooperation with city development officials, Midtown Indianapolis Inc. is making headway on a project to create low-cost apartments on both sides of 42nd Street, as well as retail space and a new home for Kids Dance Outreach.
The plan calls for two projects from Stenz Corp., Pure Development and Third Street Ventures adjacent to The Box Factory. Another apartment development is also slated for the area.
The Biden administration on Wednesday proposed new guidelines for corporate mergers, took steps to disclose the junk fees charged by landlords and launched a crackdown on price-gouging in the food industry.
The Department of Metropolitan Development plans to convert the eight-story, 95-year-old building on North Meridian Street into affordable housing units.
Mayor Joe Hogsett’s administration is seeking a stronger approach to force property and business owners to discourage behavior that compromises public safety.
The residential project stemmed from a desire to meet the needs of families in a new way, according to Englewood Community Development Corp. Executive Director Joe Bowling.
