For at least one year, the school would operate out of a building just east of Broad Ripple High School that Ozdemir's Keystone Group is buying.
Local developer Keystone Group is nearing a deal to buy the 20-story building just north of Monument Circle and is considering a range of possibilities for the half-million-square-foot property.
Keystone Realty Group’s $30 million The Olivia on Main apartment project cleared a major final hurdle Monday, when Carmel City Council unanimously agreed to issue $3.8 million in low-interest bonds to help prepare the five-acre site for construction.
Keystone Realty is offering to let the cash-strapped Carmel Redevelopment Commission off the hook for $250K in promises if city officials approve a $3.8 million bond issue to help get its Olivia on Main project off the ground.
Three locally based firms responded to a state request for private-sector parking management, plus the construction of new spaces, by proposing mixed-use buildings for a 3.2-acre lot north of the Statehouse, according to response documents made public late last month.
Carmel officials have signed off on Keystone Realty Group’s plans to build a five-story mixed-use building southwest of Old Meridian and Main streets.
The developer behind the $60 million Sophia Square building in Carmel’s Arts & Design District is proposing a similar project about a mile west.
A high-profile local developer has bought the Illinois Building and is considering offers to convert the downtown landmark into a boutique hotel that could be the city’s first five-star lodge.
The university chose Keystone over Kite Realty Group and Lauth Property Group to build housing, retail and parking worth up to $45 million.
The developer of a $15 million parking garage and retail project in Broad Ripple has overhauled its plans to comply with flood-plain rules and expects to start construction this month.
Keystone Group, Turkish immigrant Ersal Ozdemir’s 10-year-old development firm, is orchestrating some of central Indiana’s most ambitious projects, including a $15M Broad Ripple parking garage and the $60M million mixed-use Sophia Square in Carmel.
A local developer is planning a retail strip center along Madison Avenue just south of downtown in a neighborhood that’s been
begging for investment for years. The plans by Keystone Construction Corp. call for a 25,000-square-foot retail
center at 1400 Madison Ave., across from Sisters’ Place Restaurant.