The Flaherty & Collins project—dubbed 210 Trade—would have been the tallest residential building in the Carolinas, with more floors
than any building in the region except the Charlotte headquarters of Bank of America Corp.
The Historic Landmarks Foundation of Indiana is set to return to its headquarters in downtown Indianapolis tomorrow, six
months after a fire at a neighboring apartment project displaced the not-for-profit.
A local real estate veteran who had planned to retire has instead jumped back into the game with the purchase of two vacant
downtown properties he plans to convert to market-rate apartments.
The owners of two industrial properties that span an entire city block along the Central Canal downtown have put their
properties up for sale with an eye toward redevelopment.
The Carmel Performing Arts Foundation has appointed its first independent board members, Rollin Dick and Rosemary Waters.
In downtown Indianapolis, two local artists will receive free studio space in the Stutz Building
for the next year.
Organizers of the 2009 U.S. Senior Open at Crooked Stick are sinking one birdie putt after another in their efforts to meet their budget and draw strong crowds to central Indiana later this month. In this economy, sports marketers are calling ticket and sponsorship sales for the tournament remarkable. With less than a month until […]
Organizers of the 2009 U.S. Senior Open at Crooked Stick are sinking one birdie putt after another in their efforts to meet
their budget and draw strong crowds to central Indiana later this month. In this economy, sports marketers are calling ticket
and sponsorship sales for the tournament remarkable.
A $65 million public-private plan for the redevelopment of a vacant downtown office building is raising eyebrows for its unusual
approach and potential risk to taxpayers. The plan calls for a private developer to acquire the former Bank One operations
center, surface parking lots and an adjacent
parking garage from a private owner for $18.5 million, then sell the 1,680-space garage to the city for $18.5 million.
A $65 million public-private plan for the redevelopment of a vacant downtown office building is raising eyebrows for its unusual approach and potential risk to taxpayers. The plan calls for a private developer to acquire the former Bank One operations center, surface parking lots and an adjacent parking garage from a private owner for $18.5 […]
Creating a self-contained community on 1,700 acres of farmland could take much longer than the 15 to 20 years Duke Realty
Corp. predicted.
Creating a self-contained community on 1,700 acres of farmland could take much longer than the 15 to 20 years Duke Realty Corp. predicted. The Indianapolis-based real estate company has been working since 2003 on Anson, its ambitious mixed-use development in southeastern Boone County. Anson could become the largest neo-urban-style community in the state. But as […]
A new generation of company leadership is revving the Gene B. Glick Co. and building and buying apartment complexes again.
For almost 20 years, the Gene B. Glick Co. has been a sleeping giant. The state’s largest owner and manager of apartments spent much of the 1960s through the 1980s building a massive portfolio of apartment communities, mostly for low-income residents. The empire had grown to 100 properties and 18,000 total units across 10 states […]
A 22-year-old homeless man is being held tonight after prosecutors said he set a fire that gutted a $28 million six-story apartment complex under construction in downtown Indianapolis earlier this month. Brandon L. Burns faces preliminary felony charges of arson and intimidation in the March 12 blaze, Marion County Prosecutor Carl Brizzi said at a […]
Sluggish condo sales have led developer Kosene & Kosene Residential to consider turning its latest downtown project, The
Maxwell,
into apartments.
A fire that destroyed a six-story apartment complex under construction along the downtown Indianapolis canal last week was ruled an arson today. The fire gutted the $28 million Cosmopolitan on the Canal project that had been nearing completion and spread onto the roof of the adjacent headquarters of the Historic Landmarks Foundation of Indiana, causing […]
The remains of the Cosmopolitan on the Canal project continued to smolder today as a small crew of firefighters worked to put out remaining hot spots. They were using a crane to demolish a portion of the building’s remaining facade…
An overnight fire caused massive damage to a $33 million apartment project on the downtown canal being developed by locally based Flaherty & Collins Properties. The fire was reported around 3 a.m. and continued to burn into the early morning. About 125 firefighters brought the flames under control. The Cosmopolitan on the Canal project was […]
A $33-million apartment and retail project along the canal downtown caught fire early this morning. The Cosmopolitan on the Canal project, by Flaherty & Collins Properties, had been nearing completion on a site bordered by the canal, Senate Avenue, Michigan…
A Brooklyn-based real estate investment firm is spending $55 million to purchase a local apartment portfolio from one of the country’s largest owners of multi-family housing. Hampshire Properties LLC purchased six apartment communities from Denver-based Apartment Investment & Management Co., known as AIMCO. The sale totals more than 2,100 units, including the Westlake and Wind […]
