A developer is reworking his plans for an apartment building on Carmel’s Main Street to align the proposed $17 million project with future needs of residents and increase its chances of getting city approval.
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The investor group behind Union 525 is proposing another expansion to the tech incubator’s downtown Indianapolis corporate campus, this time with plans to construct a nine-story apartment building and a 700-space parking garage on an nearby lot.
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There’s still some debate about whether the roughly 100-unit apartment complex with 30,000 square feet fulfills an expectation that senior apartments would be built on the property.
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Creating the 66-unit apartment project would entail demolishing the two-story, 30,000-square-foot Teamsters building at 1233 Shelby St.
Read MoreThe $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.
Housing advocates are warning of a tidal wave of evictions in the state this summer unless an effort is coordinated to head it off.
City planning staffers are opposed to the proposal for Tremont Town Center in its current form, but the 1.2 million-square-foot development with residential, retail and office space has support from key community figures.
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.
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.
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.
The provision emerged at the Statehouse last month as a last-minute attempt to block the Indianapolis City-County Council from implementing two ordinances designed to protect tenants from predatory landlords.
Just in the past month or so, lawmakers have debated proposals to prohibit cities from regulating landlord-tenant relations, allow the attorney general to step in when a local prosecutor decides not to pursue a case, and cut funding to IndyGo—which might stop construction of future bus rapid-transit lines.
In response to the move, Indianapolis Mayor Joe Hogsett said the amendment would nullify recent local efforts to protect tenants from predatory landlords.
The Public Safety and Criminal Justice Committee on Wednesday night approved the proposals 7-3, with Republicans on the committee voting against them.
The sale of the 37-year-old complex near Interstate 69 and 82nd Street gives Muesing Management 19 properties in the Indianapolis area.
Locally-based Sheehan Development is seeking approval to rezone land on the northwest corner of South Arlington Avenue and East County Line Road—directly east of Interstate 65—for a project with multifamily, commercial and light industrial uses.
The Indianapolis Neighborhood Housing Partnership bought the property on Meridian Street last year in hopes of finding a developer that would create affordable housing. Indianapolis-based Crestline fit the bill.
Since 2010, the Indianapolis-based multifamily developer has constructed more than 40 projects consisting of more than 11,000 multifamily apartment units across 11 states.
The apartments-and-retail project slated next to the Athenaeum has been in the works since 2016 but encountered hurdles including a lengthy legal battle that reached the Indiana Supreme Court.
It’s been more than two years since the city and state chose four developers to build 500 affordable housing units—including some reserved for people experiencing homelessness.
Washington, D.C.-based Capitol Seniors Housing plans to make its Indiana debut by building 172-unit apartment complex next to Hamilton Town Center.
The Astoria Park Apartments complex, 3640 Beluga Lane, was bought by Besyata Investment Group, according to the Indianapolis multifamily division of Chicago-based Cushman & Wakefield, which brokered the sale.
Florida-based Regency Windsor Capital Inc. is petitioning the city to rezone a 5.33-acre parcel just east of SR 37 and south of 141st Street so it can expand the existing Woods of Britton apartment complex with two new buildings.
The complexes are expected to receive upgrades from their new owners—one of which has collected three other apartment properties on the east side in the last four years.
