Local developers plan 238-unit housing project on theater site at Glendale
The 8-acre development at Glendale Town Center would consist of 193 apartments in four buildings and 48 townhouses in eight buildings.
Apartments
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Fast-growing Bargersville eyes $59M apartment-and-retail project near downtown
Property that formerly housed the Bargersville Flea Market could serve as an entryway for a larger mixed-use district offering restaurants, retail and residential components.
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Four years after first proposed, Monon 30 has one building open
Four years after the project was first proposed, the group is still submitting and altering plans for the rest of the project on several former industrial properties along the Monon Trail.
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Apartment project with 261 units of workforce housing planned on far-west side
Raceway Development Partners LLC intends to construct the six-building project on nearly 11 acres on the western edge of Marion County.
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More than 300 apartments planned for property at 46th and Monon Trail
The project would consist of workforce units—those priced to accommodate residents making 80% to 120% of the area’s median income—as well as lower-income and market-rate units.
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Articles
Attorney general sues over health code violations at massive Castleton apartment complex
The landlords of a 1,261-unit apartment complex that has twice been sold at state record prices are accused of endangering tenants by failing to address unsafe conditions.
Developer planning 350-unit luxury apartment complex in Westfield
Thompson Thrift, the master developer of the 123-acre Fishers District, is set to tackle its first project in Westfield.
Purdue plans to spend $70M for downtown Indianapolis apartment property
The market-rate apartment complex, which is almost fully leased, is a four-story, 400,000-square-foot property that occupies an entire city block.
Apartment project planned near Goose the Market seeks city’s OK for eco-devo designation
A local firm with plans to build a 46-unit apartment project north of downtown Indianapolis soon could have the means to request up to $2 million and change in city funds to help finance the development.
Castleton complex acquired in state’s second-largest apartment transaction
The complex has undergone more than $20 million in renovations since 2020, including luxury-level finishes, fully upgraded kitchens and bathrooms, new roofing, refreshed hallways and fresh paint throughout.
Developer planning apartment community for people with disabilities in Noblesville
Plans for Willowview Trace call for 60 apartments, including 15 that would be reserved specifically for people with intellectual and developmental disabilities.
Local developer plans 170 apartments on Marion County’s southern border
The rents are expected to come in below market rate and fall into a category often called workforce housing—prices that exceed certain lower-income thresholds but are still reasonable for those living and working in the area.
Developer plans mixed-use revamp of block cater-corner to Children’s Museum
Indianapolis-based New City Development is planning apartments, townhomes, a nonprofit headquarters and retail space to accompany the 190,000-square-foot office building already on the property.
More upscale apartments planned for former AT&T building downtown, developer says
AT&T’s exit from the building’s top three floors with the expiration of its lease on May 31 clears a path for Keystone Group to add more luxury apartments in the $124 million project.
Developer planning 262-unit apartment complex in Whitestown
Mills on Main would include 10 three-story apartment buildings, six one-story garages, one 3,250-square-foot amenity building and outdoor pickleball courts.
Fishers developer planning $60M apartment project on near-south side of Indy
The Annex Management Group Inc., which specializes in student and moderate-income housing, plans to earmark units for individuals and families making up to 60% of the area’s median income.
D.C. firm spends $50M to acquire Canal-adjacent luxury apartments
A representative for the buyer said that Indianapolis’ rank as one of the best markets in the country for rent growth—that is, increases in rent prices—played a key role in the decision to buy Cosmopolitan on the Canal.
Developers present plan for 242 apartments in North End project in Carmel
Carmel-based Old Town Cos. LLC and Indianapolis-based Avenue Development are seeking to build the apartments on 10.4 acres in the $100 million North End development.
Developer planning 360-unit apartment complex on west side of Carmel
Edward Rose & Sons wants to build seven apartment buildings and a commercial/retail building at the former site of Resort Condominiums International’s North America office.
Hendricks fine-tuning plans for $300M first phase of Circle Centre revamp
The developer behind the planned overhaul of Circle Centre Mall could start construction work on the $600 million project by the end of this year.
Developer considering apartments at Irvington Plaza, but community leaders want ‘clarity’ on plans
California-based Tallen Capital Partners LLC, which has the property in the 6200 block of East Washington Street under contract for an undisclosed price, hopes to rezone nearly 7 acres for mixed-use development.
Construction begins on $90M CityView apartment, retail building in Fishers
Plans call for CityView to have 191 apartments for residents ages 55 and over, 18,000 square feet of first-floor retail with two restaurant locations and a 325-space parking garage with electric vehicle charging stations.
Council committee OKs $2.3M in TIF bonds for two apartment projects
A pair of apartment projects on Dr. Martin Luther King Jr. Street near the under-construction Indiana University Health hospital campus received initial approval for tax-increment financing bonds Monday evening.
IBJ Podcast: Inside the mind of a rising Indy apartment developer
After five years with Indianapolis-based Birge & Held, Jarod Brown decided he wanted a business with his name on the door. For his HQ, he bought the former Broad Ripple Library.