New wave of downtown apartment projects to test demand
Construction of Penrose on Mass, Park at Pulliam Square and the second phase of CityWay will add another thousand units by the end of 2018.
Construction of Penrose on Mass, Park at Pulliam Square and the second phase of CityWay will add another thousand units by the end of 2018.
The Indianapolis developer plans to build 211 units at the southeast corner of College and Maryland Street. Meanwhile, the owner of a building across the street that last housed a sporting goods store is accepting bids on the property.
Councilors plan to take a closer look at a proposal after criticism was made against the developer. The Indianapolis-based company has been accused of mismanaging three west-side apartment properties—allegations that it denies.
he All-Star Game has never been played in Indiana and never will be, but that doesn’t mean it is without some memorable Hoosier cleat marks.
Buckingham Cos. hopes to construct nearly 450 residences with a mix of single-family homes, townhouses and apartments on the property on East 96th Street.
The developer expects demand from workers at large corporate campuses nearby, including those for Eli Lilly and Co., Indiana Farm Bureau and Anthem Inc.
Real estate sources told IBJ the land likely would sell for at least $1 million per acre because of its proximity to the heart of downtown, where sizable redevelopment opportunities are scarce.
Sam Hurley has helped guide The Annex Group through a period of raid growth, with five housing developments announced in just the last year.
Copper Chase, one of the largest apartment complexes in Greenwood, received nearly 20 offers, including several from companies looking to make their first foray into the Indianapolis multifamily housing market.
Herman & Kittle Properties has requested a zoning change that would allow it to build three apartment buildings in the 2300 block of Lafayette Road.
Onyx+East is buying a one-acre lot off of South College Avenue and plans to build eight buildings containing 35 residential units.
Harrison College is asking $11.5 million for its two-building campus along East Washington Street, a steep jump from their assessed values but reflective of the area’s increasing potential for growth.
IPS has agreed to sell the vacant structure, once part of Angie’s List’s bold expansion plans, to the local developer for $1.65 million.
A South Bend-based firm envisions condominiums and a mix of retail and restaurant space on the site of the hallowed Italian eatery that closed late last year.
The sisters who co-own the restaurant say they’re in negotiations to sell it and will serve their last customers on New Year’s Eve.
For the fifth consecutive year, Hamilton County has been shut out of federal tax credits for affordable housing projects, while nearby counties have had success in the competitive program.
Lately, Maryt Solada has been mixing it up by representing grass-roots groups opposed to a wide range of controversial projects that have grabbed the public’s attention.
Only about 2 percent of the avalanche of residential units built in Hamilton County the last five years is dedicated to affordable housing.
The real issue is that this is yet another large development that will directly impact the dreadful 96th and Keystone intersection.
A par-3 golf course on the city’s north side could be replaced by a $45 million apartment community with nearly 400 units, much to the chagrin of neighbors opposing the massive project.