Former Phoenix Theatre space is now a warm, industrial condo
Dark steel beams, exposed ducting and stainless industrial-style appliances are warmed up by worn leather furniture and soft area rugs.
Condominiums
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Construction of South Meridian condo project might be phased
The developer was forced to rethink the project across from Circle Centre mall after anticipated costs ballooned past the expected $8 million to $10 million investment.
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Downtown condo features great views, fresh renovation
Jeff and Anna Tegethoff spent 16 months renovating a condo at 429 N. Pennsylvania St. into what he calls an “urban oasis.” But six months after moving in, they’re putting the house on the market.
Developer proposes 314-home subdivision in Noblesville
Brooks Farm would feature 314 homes built by two builders, including attached villas and single-family homes.
Onyx+East ventures out of Indy area with $15M Tampa project
The condominium developer, which spun out of Indianapolis-based Milhaus two years ago, also has expanded its reach with a $12.5 million project in the Village of West Clay.
Local group converting former Phoenix Theatre building into condos
Plans for the historic structure in the downtown Chatham Arch neighborhood call for three condominiums priced at roughly $1.1 million each. Work is set to begin early next month.
City releases data trove on abandoned, blighted homes initiative
The “2,000 homes” dashboard—named after a pledge by Mayor Joe Hogsett to “rehab, transform, or demolish” 2,000 homes in two years— allows residents to see addresses of blighted homes, their owners, and the type of city intervention they have received or will receive.
Custom homebuilder expands to downtown condos
Litz & Eaton Development Co. and its two affiliates have grown from annual revenue of $1 million in 2011, the year residential developer Brad Litz and custom homebuilder John Eaton founded the company, to an expected $40 million this year.
Bricks and beams warm up industrial condo
Jeweler Nick Blum turned the former paint manufacturing plant—which dates to the 1890s—into several upscale condos with industrial details.
Developer plans $9.5M town house project near old Milano Inn site
Onyx+East is buying a one-acre lot off of South College Avenue and plans to build eight buildings containing 35 residential units.
High-end homes enjoy golden sales year
Home sales of $1 million or more in the Indianapolis area have skyrocketed 143 percent since 2012. Last year, nearly 150 such homes were sold, compared to only 61 five years ago.
Judge: Developer can proceed with residential-retail project in Chatham Arch
A Marion Superior Court judge has ruled in favor of a North Carolina developer, after a neighborhood resident challenged his plans to build the project.
Area home sales rise despite higher prices, fewer choices
The total number of active home listings in the region dropped 18.9 percent on a year-over-year basis at the end of November. New listings were down 5.5 percent.
Lockerbie block poised for $25M in condo, apartment developments
The projects, proposed separately by Litz & Eaton Development LLC and Block 20 Development LLC, would be built on two empty lots and on property where an existing building sits.
Bottleworks project on Mass Ave to feature food hall
The developer of the massive $260 million project is planning for space to host a broad mix of vendors, ranging from seafood purveyors and fruit-and-vegetable stands to restaurants of various sizes.
Retired designer turns two condos into one for penthouse over Mass Ave
It was quite a change, to say the least, from the Jim O’Neils’ previous abode—a large but traditional home on 116th Street.
Condos make comeback amid apartment boom
Several projects are in the works—a push led mainly by local developer Onyx+East, which plans to begin construction this year on nearly 150 units, 90 of which are in or near downtown.
Developer embarking on three downtown for-sale housing projects
Onyx + East is planning a mix of condo flats, townhouses and row houses at the three locations, two of which should see construction activity within a few months.
Preservation commission holds off on decision for Chatham Arch project
The Indianapolis Historic Preservation Commission wants the developer of a proposed mixed-use project including condos, town houses and single-family dwellings to take another shot at addressing commissioners’ concerns.
Downtown Indianapolis condo goes for $4.8M in possible record sale
Encore Sotheby’s International Realty said the property was the largest single-family residential real estate sale in the local office’s six-year history and the largest ever in Marion County listed in the Metropolitan Indianapolis Board of Realtors database.
Noblesville pushes to diversify housing
A housing analysis the city recently commissioned identified a gap between single-family homes and multifamily apartments–few townhomes, condos, cottages and duplexes in dense, walkable areas.