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Apartments planned for 110-year-old downtown office building

April 21, 2022 | Mickey Shuey

The Wulsin Building at 222 E. Ohio St. is expected to be acquired by an investment group later this spring. The buyers plan to spend up to $6 million to convert the eight-story structure to market-rate apartments.

Luxury apartments to open soon in former AT&T building

March 25, 2022 | Mickey Shuey

A local developer’s $80 million conversion of a 20-story office building into luxury apartments is the largest project of its kind downtown.

City weighing nearly $25M in TIF bonds for Stutz renovation, 16 Tech apartments

February 8, 2022 | Mickey Shuey

The City-County Council on Monday saw the introduction of proposals to award developer-backed tax-increment financing bonds for a $60.8 million apartment development at the 16 Tech Innovation District, along with the $53 million redevelopment of the historic Stutz Motor Car Co. factory.

Fishers District retail area, apartments sold to Chicago firm in ‘landmark’ deal

September 27, 2021 | Mickey Shuey

Developer Thompson Thrift, which began planning the $110 million development in 2015, sold the property in a deal that brokers said “attracted nationwide investor interest and achieved record-breaking pricing.”

Keystone plans to add school, apartments to Broad Ripple parking garage

February 16, 2021 | Mickey Shuey

Keystone Corp. would replace the former Chase Bank branch in the 6200 block of College Avenue with a five-story building adjacent to the garage, while adding two levels of apartments atop the parking structure.

Carmel council clears way for hotel, apartments at Clay Terrace

December 22, 2020 | Kurt Christian

Already, the project is having an impact on existing businesses, including Village Home Furniture and Clocks, whose owner said it plans to close the store this month, rather than move.

Downtown apartments, northwest-side housing proposed in Carmel

November 18, 2020 | Kurt Christian

Carmel-based JC Hart Co. Inc. is planning to replace an office building at 615 W. Carmel Drive with three new apartment buildings. Also, two new neighborhoods on Carmel’s northwest side could bring hundreds of units of mixed housing styles.

Apartments planned for low-income residents on 38th Street would raze blighted structures

November 17, 2020 | Mickey Shuey

The $10M project, known as Broadway Park Apartments, would include two buildings with a mix of one- and two-bedroom units, plus a community-minded ground-floor tenant such as a workforce readiness program or health clinic.

Westfield council considering $11.5M in bonds for Wheeler Landing infrastructure, apartments

November 12, 2020 | Kurt Christian

J.C. Hart Co.’s proposed $32 million luxury apartment complex is expected to generate property taxes that would help pay off the bonds.

Carmel panel seeks more review for planned apartments, OKs age-restricted community

August 19, 2020 | Kurt Christian

The Carmel Plan Commission sent a proposed Old Meridian District apartment project to a committee for further review. It also forwarded an age-restricted neighborhood at Keystone Parkway and 136th Street to the city council with a favorable recommendation.

Cheapest apartments facing biggest foreclosure risk from pandemic

August 11, 2020 | Bloomberg News

While landlords at the priciest, amenity-rich apartments have collected most of their rent payments during the pandemic, owners of older, less fancy units—the backbone of the nation’s affordable housing supply—have not fared as well.

Clay Terrace hits pause on pre-pandemic plan to add apartments, offices, hotel

July 17, 2020 | Kurt Christian

Columbus, Ohio-based Washington Prime Group has told the city of Carmel it has decided to put the brakes on an ambitious plan to diversify the lifestyle center.

Apartments on downtown’s east side to help tenants with developmental disabilities

June 30, 2020 | Mickey Shuey

The $11 million five-story project, called The Passage, would include support services and amenities to help tenants with disabilities get jobs and learn to live independently.

Westfield council denies Shamrock Apartments proposal as last-minute agenda item

June 8, 2020 | Kurt Christian

An $18 million apartment-and-retail project proposed near U.S. 31 and Main Street was turned down Monday night after Westfield City Council members debated whether a petition for the project should even be considered.

Apartments for low-income families and formerly homeless planned on east side

May 26, 2020 | Mickey Shuey

Englewood Community Development Corp. has partnered with Living Word Baptist Church to redevelop a parcel directly across from the church into a 15-unit apartment community.

Apartments, homes, hotel in works at Fort Harrison site

March 13, 2020 | Susan Orr

Three housing and hotel projects are in the works at the former Fort Benjamin Harrison site in Lawrence, and planners hope these projects will accelerate efforts to redevelop part of the former U.S. Army base.

Clay Terrace owner planning to add hotel, apartments, office space to property

March 5, 2020 | Kurt Christian

Washington Prime Group Inc. has filed a request with the city of Carmel to rezone the 577,614-square-foot shopping center at West 146th Street and U.S. 31 to allow for a variety of new uses.

Developer plans apartments at Central State for low-income residents, homeless

December 3, 2019 | Samm Quinn

Chicago-based Mercy Housing and Missouri-based MACO Development Co. plan to build the $25.6 million, 156-unit apartment complex at 3355 Kirkbride Way on the west side of Indianapolis.

City ‘full speed ahead’ on Oaktree apartments demolition

September 25, 2019 | Mickey Shuey

Indianapolis officials expect to move forward with razing the blighted northeast-side complex, after the owner failed to request a last-ditch hearing by the state’s Supreme Court.

Historic preservation commission votes to protect Drake Apartments

September 4, 2019 | Mickey Shuey

The Indianapolis Historic Preservation Commission voted Wednesday night to put a historic designation on the eight-story apartment building owned by The Children’s Museum of Indianapolis amid concerns the structure might be torn down in coming weeks.

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