The Public Safety and Criminal Justice Committee on Wednesday night approved the proposals 7-3, with Republicans on the committee voting against them.
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The sale of the 37-year-old complex near Interstate 69 and 82nd Street gives Muesing Management 19 properties in the Indianapolis area.
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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.
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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.
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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.
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.
Broad Ripple is wrapping up a prolific six-year stretch during which developers have spent more than $125 million to bring nearly 800 new apartments to the neighborhood.
The bankruptcy of Marsh has forced developers throughout central Indiana to find creative reuses for the former supermarket spaces. In Martinsville, plans are being finalized to transform a Marsh husk into a two-level apartment project as part of a $3 million redevelopment.
The process will give developers an opportunity to introduce ways to preserve the 91-year-old building at 3060 N. Meridian St., which the museum had planned to demolish.
Marion County has a much higher percentage of households than the rest of the state that rent their homes instead of owning them, according to a report issued this week by the Indiana University Public Policy Institute.
Louisville-based Investment Property Advisors is planning 279 additional units and more than 28,000 square feet of retail space just south of its 9 on Canal project, to be dubbed 350 West.
Through a series of developer partnerships that included $53 million in private funding, more than $90 million worth of new buildings and infrastructure improvements have been added along or near North Green Street.
The neighborhood’s community development corporation has recast its vision for the expansive [email protected] project and hopes to begin construction of its first phase of apartments next summer.
An upscale apartment building in downtown Indianapolis is expected to be acquired at the end of this month by a local firm that is planning an expansion project that will almost triple the number of units in the property.
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.
