Pulte Group seeks OK for empty-nester neighborhood in Fishers
Pulte Homes of Indiana LLC is seeking zoning approval to build 52 single-family homes not far from Ironwood Golf Club.
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Council committee OKs Hogsett’s tenant-protection initiative
The Public Safety and Criminal Justice Committee on Wednesday night approved the proposals 7-3, with Republicans on the committee voting against them.
400-unit apartment property in Castleton sells for $36.5M
The sale of the 37-year-old complex near Interstate 69 and 82nd Street gives Muesing Management 19 properties in the Indianapolis area.
Henke Development Group proposes massive real estate project in Lebanon
Westfield-based Henke Development Group is seeking approval for a 2,000-acre master-planned community with retail stores, apartments, an industrial park, a golf course and thousands of residential units along Interstate 65.
Developer plans 384-unit apartment complex as part of 137-acre south-side project
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.
City awarded record federal funding for homeless initiatives
The city of Indianapolis on Wednesday was awarded $6.3 million in grants from the U.S. Department of Housing and Urban Development for initiatives and organizations that aim to eliminate homelessness.
Central Indiana existing-home sales finish 2019 with surge
Sales of existing single-family homes rose in three of the last four months of 2019 in central Indiana, capping off a sluggish year for transactions amid rising prices and low inventories.
Indianapolis-area homebuilders end 2019 with second-half surge
A big December was not quite enough to make last year’s construction pace exceed 2018’s. It was the first year since 2011 that fewer single-family building permits were filed in the area than in the previous year.
Hogsett unveils tenant protection initiative, aims to cut down evictions
Under Hogsett’s proposed initiative, $250,000 of new funding would be allocated toward increasing resources for tenants. The city will work in partnership with Indiana Legal Services to provide free civil legal assistance to eligible low-income residents.
Onyx+East plans $6.5M town house project on 10th Street, but faces skepticism from city
The Indianapolis-based developer hopes to build 21 units ranging in price from $275,000 to $365,000 over several vacant parcels, but city staff has recommended denial.
Area existing-home sales drop on rising prices, low inventory
Sales of existing single-family homes decreased 4.5% in central Indiana in November—ending a two-month streak of increases.
Onyx+East, storage company plan new development in Lockerbie
Onyx+East has partnered with Extra Space Storage to redevelop the block at the southeast corner of North and Fulton streets with new residences and a six-story storage facility. The project will require the demolition a nearly century-old building.
Plan to house homeless off to slow start
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.
East Coast firm looks to build apartment complex for ‘active’ seniors in Noblesville
Washington, D.C.-based Capitol Seniors Housing plans to make its Indiana debut by building 172-unit apartment complex next to Hamilton Town Center.
West-side apartment complex sells for $32.8M
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.
Unexpected slow November snaps second-half surge in home-building activity
Applications for home construction fell 15 percent in November, which means Indianapolis-area builders will need a huge December to match 2018’s numbers.
Fishers City Council delays decision on $17M apartment proposal along SR 37
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.
Merged not-for-profit group to push redevelopment out to townships
Renew Indianapolis will merge with the King Park Development Corp. on Jan. 1.
Developer plans apartments at Central State for low-income residents, homeless
Chicago-based Mercy Housing and Missouri-based MACO Development Co. plan to build the $25.6 million, 156-unit apartment complex at 3355 Kirkbride Way on the west side of Indianapolis.
Area existing-home sales tick up for second straight month
Sales are still down in the area on a year-to-date basis amid tight inventories and rising prices.