Irvington Lofts, a 50-unit affordable housing project, is slated to open in the fall, as construction begins on a nearly 6,000-square-foot adjacent medical office that will be occupied by Franciscan St. Francis Health.
The pace of home-buying has fallen due to higher mortgage rates, rising prices and lower inventories.
The roughly one-acre properties at 625 E. 11th St. and 602 E. 10th St. encompass an entire city block.
Year-to-date, local single-family-building permit filings have risen 27 percent from the same period a year ago.
Flock Real Estate Group is investing $1 million to refurbish side-by-side apartment buildings at the northeast corner of 13th and Alabama streets, and Englewood Group is spending $3.6 million to convert a former church across the street.
If the “retail follows rooftops” real estate mantra is true, The Village of WestClay may soon see the commercial development its founders envisioned more than a decade ago.
Residential construction is booming in The Village of West Clay, the already-sprawling Carmel development designed to mimic small-town life at the turn of the (last) century. But not everything has gone according to Brenwick Development’s ambitious plans. Two commercial nodes remain largely undeveloped, and one property owner’s legal woes led to several high-profile vacancies that have yet to be filled.
National investors have snapped up two apartment properties on the north side totaling 722 units. One complex is slated for a major rehab.
Flaherty & Collins Properties plans to build an $81 million, 28-story skyscraper on part of the former home of Market Square Arena in what would be the tallest new downtown development since the JW Marriott opened in 2011.
Through June this year, 2,603 permits have been issued in the Indianapolis area, an increase of 26 percent compared to the first six months of 2012.
The prolific local developer Flaherty & Collins Properties is expected to land a deal with the city to build a residential and commercial skyscraper on part of the former home of Market Square Arena, multiple sources said Monday evening.
City officials will reveal the winner Tuesday morning from six teams that bid on redeveloping the downtown site. All proposed mixed-use projects, but they ranged in size from eight to 52 stories.
Halfway through the year, home sales are up in Hamilton and Boone counties. So are average purchase prices. Get the details.
Home-sale agreements in the nine-county Indianapolis area were up nearly 10 percent in June compared to the same month a year ago.
The newspaper’s publisher confirmed it’s closing in on a deal to occupy the space after IBJ reported earlier Wednesday that the Star was considering a move to Circle Centre mall.
The building owner is opening window coverings that had been sealed shut, a move that will make the property more attractive to a retailer. A huge apartment project underway nearby is giving the area a lift.
The Indianapolis abode of Polish-born conductor Krzysztof Urbanski and his wife, Joanna, is nice but a bit on the small side—a 1,376-square-foot apartment inside downtown’s new CityWay development.
Buyers coming into the market range from retirees to wealthy executives and even modest earners.
The city of Indianapolis won't try to take back properties that were sold by its Indy Land Bank to suspect not-for-profits or to Naptown Housing Group LLC, in which former land bank director Reggie Walton is alleged to be a silent partner.
Ursula David is out to dispel the perception that modular homes are little more than glorified double-wides. David, who started Ursula David Homes 20 years ago, is concentrating on a new project, Indy Mod Homes, and is targeting an unlikely place for the prefabs—the urban core.
