The proposed project includes 234 multifamily units in the 2100 block of Central Avenue, along with nearly 12,000 square feet of new or redeveloped commercial space.
Indianapolis-based TWG Development expects construction to begin within 15 months if it can offset costs by landing affordable housing tax credits.
The number of applications is more than triple what the state expected last month when it rolled out the program, which provides up to $500 in assistance a week for up to four weeks.
The Carmel Plan Commission sent a proposed Old Meridian District apartment project to a committee for further review. It also forwarded an age-restricted neighborhood at Keystone Parkway and 136th Street to the city council with a favorable recommendation.
As Indiana’s eviction and foreclosure moratorium comes to an end, a coalition of housing advocates is warning that as many as 720,000 Hoosiers are at risk of being ousted from their homes.
While landlords at the priciest, amenity-rich apartments have collected most of their rent payments during the pandemic, owners of older, less fancy units—the backbone of the nation’s affordable housing supply—have not fared as well.
As Indiana’s moratorium on evictions is set to end on Friday, legal aid providers are estimating the national price tag for helping tenants facing the prospect of losing their places to live will top $2.5 billion.
The proposed complex next to the Madam Walker Legacy Center would include about 344 apartment units ranging from studios to three bedrooms, with most of those likely used by IUPUI students.
The nine-story building features 334 apartment units, a 540-space garage and the 16-Bit Arcade+Bar.
The $32 million plan includes 160 apartments, more than 400 parking spaces, and 30,000 square feet of commercial space for retail or office uses.
The 996-unit community was constructed in 1982 and is slated for renovations by its deep-pocketed buyer.
The $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.
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.
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.
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.
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.
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.
Creating the 66-unit apartment project would entail demolishing the two-story, 30,000-square-foot Teamsters building at 1233 Shelby St.