Senior housing project replacing retail center
A run-down former retail plaza along Lafayette Road south of 30th Street will be torn down to make way for a senior housing development.
A run-down former retail plaza along Lafayette Road south of 30th Street will be torn down to make way for a senior housing development.
The Precedent Cos.—the local developer of The Precedent Office Park, Mount Comfort Commercial Park and several upscale residential communities in Hamilton and Johnson counties—is winding down operations in an out-of-court restructuring.
The City-County Council’s Metropolitan Development Commission is set to hear a proposal Monday evening to allow IHA to purchase its headquarters building at 1919 N. Meridian St.
With the sale of its water and sewer utilities cleared by regulators, the city of Indianapolis is preparing to deploy $15 million to $25 million in funds from the deal into tearing down abandoned houses.
A veteran local homebuilder is tearing up the suburban residential playbook with a new project in Carmel that offers tightly spaced bungalows clustered around grassy courtyards.
Longtime Indianapolis developer launches spirited attempt to save baseball palace.
Sales agreements climbed to 1,967 last month, up from 1,694 in June 2010, according to a report released Tuesday by F.C. Tucker Co.
The approach of the 2012 Super Bowl has prompted some Indianapolis-area property owners to start looking for a chance to lease their homes and condos for the big game.
Carrier Corp. has spent $32 million to upgrade equipment in Indianapolis and plans to invest another $36.5 million to start a second production line, creating 276 jobs at the plant. The company is seeking a tax abatement to help offset the costs.
M&I Bank filed the suit against J. Greg Allen, charging he defaulted on two loans he took out to buy 73 acres of land on the northeast corner of Emerson Avenue and County Line Road on Indianapolis’ south side.
Indianapolis-based Buckingham Cos. is expected to start construction this summer on an $18 million, 146-unit apartment building in downtown Columbus.
Richmond, Va.-based McCann Realty Partners LLC bought the 166-unit complex with a $9.25 million loan. The sale marks the second time Quail Run has changed ownership in the past two years.
The project includes renovations to the 15-story apartment building in downtown Indianapolis, as well as the construction of two mixed-income buildings containing a total of 74 units at its base.
The pending sale of two historic buildings and a vacant lot just south of Massachusetts Avenue is the first of what could be several deals in the area as one of its largest property owners begins to divest its holdings.
Mike and Sally Kerr can see directly to the past as they walk around their Southern plantation-style residence built completely around the walls of Woodland Country Club’s original club house.
Indianapolis is in the early stages of expanding the practice of land banks, which allow government agencies and not-for-profits to take over tax-foreclosed properties and put them back into productive use,. Land banks have shown positive results in states such as Michigan and Ohio.
Two prominent area home builders have ceased operations after owner J. Greg Allen filed suit against two longtime executives, alleging they've been stealing from the companies for years.
Six people were key mentors and associates during real estate career in Indianapolis.
The first building of a new complex on near-north side is set to be completed in August
The North of South mixed-use project in downtown Indianapolis is just the latest development for Brad Chambers, who started out in the landscaping business.