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.
Edward Rose & Sons wants to build seven apartment buildings and a commercial/retail building at the former site of Resort Condominiums International’s North America office.
Chris Pryor, chief advocacy officer for the MIBOR Realtor Association, said organization leadership is concerned that the proposed ordinance would restrict property rights, limit housing options in Fishers and interfere with the free market.
The average rate on a 30-year mortgage in the U.S. has declined six weeks in a row, according to mortgage buyer Freddie Mac.
Nickel Row will consist of 35 town houses along the Nickel Plate Trail, south of East 116th Street.
Single-family building permit filings in the nine-county area had risen on a year-over-year basis for 19 straight months prior to January.
Home sales in central Indiana got off to a slow start in 2025, with a January snowstorm likely cooling off the pace of transactions.
The proposed development would feature ranch and two-story houses with average sales prices ranging from $500,000 to $650,000.
The company’s current proposal calls for a two-phase, $100 million overhaul including more than 500 apartments, 35,000 square feet of retail and restaurant space, townhouses and a hotel.
The plan calls for limiting the percentage of single-family rental units per subdivision and require landlords to register rental houses and town houses with the city.
HUD’s entire workforce is projected to drop by about half—from about 8,300 employees to just over 4,000—with deep cuts in field offices nationwide.
The drop in sales comes after the longest stretch of gains since late 2021, which offered some hope that home buyers and sellers were getting used to high mortgage rates.
The $17.5 million project, known as Monon 21, is expected to bring townhomes and single-family dwellings to the 3.5-acre site at 2060 Yandes St.
The neighborhood proposal comes as the group pushes New York-based Skysoar Capital Partners to reconsider its plan for the nearly abandoned site.
The Westfield City Council voted 4-3 to approve an expansion of the Kimblewick residential community that will be built on 87 acres on the city’s southwest side.
Herbert “Bert” Whalen, 50, pleaded guilty to conspiracy to commit wire fraud for misrepresenting the poor conditions of properties managed by his company, Indianapolis-based Oceanpointe Property Management.
Plans call for the proposed $1.2 billion development east of Grand Park Sports Campus to include a full-dome planetarium, hotel, retail, offices and multifamily housing.
Indianapolis-based Davis Homes, which has roots dating to the 1950s, is one the largest residential builders in central Indiana.
