Developer planning $13.5M senior housing project in Speedway
The 60-unit apartment project will be part of Founders Square, which will include restaurants, shopping and a hotel.
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Federal judge vacates CDC’s nationwide eviction moratorium
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.
Apartment complex planned near Allisonville and 46th Street
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.
Proposed $48M apartment project advancing slowly at former Noblesville granary site
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.
Rents grow despite pandemic—and are expected to keep rising
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,
$16M apartment project planned for former Angie’s List campus
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.
The Proscenium in Carmel almost ready for its debut
What once was a deteriorating Party Time Rental warehouse and an Arby’s has been transformed into a ritzy residential and commercial block.
Children’s Museum lawsuit over Drake moves ahead amid talks with developer
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 plans to add school, apartments to Broad Ripple parking garage
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.
Holladay planning $27M apartment project in Fletcher Place by former Milano Inn
The developer expects demand from workers at large corporate campuses nearby, including those for Eli Lilly and Co., Indiana Farm Bureau and Anthem Inc.
Indiana Senate votes to override Holcomb’s veto of landlord-tenant bill
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.
Multifamily redevelopment planned for Gray Eagle driving range
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.
Zionsville Town Council OKs zoning changes for planned 179-unit apartment complex
Carmel-based Sila Capital LLC plans to build three, 3-story buildings at the southeast corner of Oxford Drive and Grove Pass.
Pandemic means renters can find deals downtown
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.
Carmel-based Java House opening Broad Ripple coffee bar, brewing big Indy expansion
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.
Local developer plans $16M apartment project along Monon Trail
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.
Housing advocates worry about veto override of controversial landlord-tenant legislation
Senate Enrolled Act 148 would have prevented all local governments from regulating any aspect of landlord-tenant relationships and would have blocked tenant protections that the city of Indianapolis had put in place last spring.
City sets Wednesday deadline for pandemic rental assistance applications
The program, which opened in July to help tenants avoid eviction during the pandemic, has provided more than $26 million in federal money to more than 12,000 households.
North-side apartment boom fulfills growing interest in renting
Indianapolis’ north-side apartment market, which includes parts of the city and extends into Boone and Hamilton counties, could see as many as 1,862 new units come online next year.
Apartments planned for low-income residents on 38th Street would raze blighted structures
The $10M project, known as Broadway Park Apartments, would include two buildings with a mix of one- and two-bedroom units, plus a community-minded ground-floor tenant such as a workforce readiness program or health clinic.