The development, called 1202, would feature 105 units on a 1.1-acre parcel on the near-south side, with at least one-fifth of the units reserved for individuals making up to 80% of the area’s median income.
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Lafayette-based IG Development has submitted conceptual plans to redevelop roughly 27 acres of the Emmis Communications radio tower and transmission property in Whitestown with 408 apartments.
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Plans for Monon Court call for razing an apartment development that has been been on the site for more than 70 years.
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Jeremy Stephenson, who started 1820 Ventures a year ago after leaving Indianapolis-based apartment developer Milhaus, intends to develop the 103-unit project near the middle of the Elevator Hill campus.
Read MoreThe state is taking aim at the firms for “their respective roles in allowing the Fox Club and Lakeside Pointe apartment complexes in Indianapolis to fall into egregious disrepair.”
The median national rent climbed 9.2% in the first half of 2021, according to Apartment List, and is still on the way up.
As of June 7, roughly 3.2 million people in the U.S. said they faced eviction in the next two months, according to the U.S. Census Bureau’s Household Pulse Survey.
An almost 30-page policy agenda and a nearly 20-page action plan tackles the city’s diminishing stock of quality affordable rental housing.
The agency on Thursday alleged that the company committed disability discrimination by refusing to permit a prospective renter with PTSD to have a support cat.
The 60-unit apartment project will be part of Founders Square, which will include restaurants, shopping and a hotel.
The ruling does not affect state or local eviction moratoriums. Landlords and property owners have consistently challenged the CDC order, arguing the policy sets an undue financial burden on business owners.
Preliminary site plans filed with the city call for the construction of five new apartment buildings and the retention of a two-story office building on the 8.6-acre property.
Developer Flaherty & Collins Properties was approved for up to $7.3 million in industrial recovery tax credits for its plans to build 238 apartments, a parking garage and retail space at the site, but the project has seen little progress since 2018.
Landlords had been worried not just that tenants wouldn’t be able to stomach rent increases in 2020 but that they might not be able to pay their rents at all as the pandemic wore on. But collections remained strong,
What once was a deteriorating Party Time Rental warehouse and an Arby’s has been transformed into a ritzy residential and commercial block.
An effort by the Children’s Museum of Indianapolis’ to overturn the city’s designation of the Drake apartment building as a historic property has been transferred to federal court—even as the organization continues working with city officials on a plan to salvage the building.
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.
The developer expects demand from workers at large corporate campuses nearby, including those for Eli Lilly and Co., Indiana Farm Bureau and Anthem Inc.
If it becomes law, Senate Enrolled Act 148 would prevent all local governments from regulating any aspect of landlord-tenant relationships and would block tenant protections that the city of Indianapolis had put in place last spring.
The Fishers City Council heard plans Tuesday for a 21-acre residential development and financing plan that would help prevent the closure of the golf course.
Carmel-based Sila Capital LLC plans to build three, 3-story buildings at the southeast corner of Oxford Drive and Grove Pass.
Downtown apartment managers are extending rent specials, reducing parking costs and offering other incentives to get tenants in the door—and lock those already there into new leases.
This will be the third location for Java House, a cold-brew coffee shop chain based on products originally developed by Carmel-based Heartland Food Products Group, best known for Splenda.
Called Monon 46, the 102-unit complex is expected to be comprised of three apartment buildings, including two directly along the trail south of Broad Ripple.
