The plan for the Reserve at Union Woodlands was opposed by residents living in rural Zionsville and raised safety concerns from executives with the nearby Indianapolis Executive Airport.
With changes to the Equal Access rule and other guidance still unclear, what happens now often depends on where a case is filed.
Based off the latest U.S. median home listing price, homebuyers need to earn $47,000 more a year to afford a home than they would have just six years ago.
The March sales decline is the largest monthly drop since November 2022, when sales fell 6.7% from the previous month.
A proposed 147-acre residential and commercial development continues to face opposition from nearby residents and Indianapolis Executive Airport officials.
The Fishers City Council voted 9-0 to approve the proposed ordinance, which would cap the percentage of single-family rental houses. Meanwhile, Carmel began considering its own plan.
Single-family building permit filings in the nine-county area were down significantly in March.
The plan calls for limiting the percentage of single-family rental units per subdivision to 10%, but it would grandfather in existing rentals.
Plans for communities proposed by M/I Homes of Indiana called MontClaire and Bending Branch were presented to members of the Noblesville City Council this week.
Closed existing-home sales in the 17-county area fell for the fourth time in five months in March, but sales prices continue to climb.
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.
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.
The upscale Slate at Fishers District was developed at a cost of about $63 million on 25 acres east of Ikea, with construction completed in May 2024.
Frozen grants, delayed allocations and terminated funds are all examples of what Indianapolis housing providers and builders face as President Donald Trump’s administration slashes federal programs and jobs.
The National Association of Home Builders projected that current tariffs could raise the cost to build a single-family house in the United States $7,500 to $10,000.
If the development is built according to its current plan, it would feature 296 single-family houses and town houses, and commercial space.
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.
Onyx+East, which was spun off in 2016 from Indianapolis-based Milhaus Development LLC, got its footing in downtown Indianapolis, and Lawrence has led the company as it has put a focus on the suburbs.
Meanwhile, the Builders Association of Greater Indianapolis this week welcomed its first new CEO in 29 years.
Closed existing-home sales in the 17-county area fell for the third time in four months in February, but sales prices continue to climb.
