Developers prefer low-rise apartments in downtown Indianapolis
Building codes add more expense to high-rise projects.
Residential Real Estate
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City launches extensive rezoning initiative
The nearly $2 million effort, named Indy Rezone, is being steered by city planners, private developers, elected officials, architects, community activists and others.
Board’s ruling puts Fall Creek home sites back on market
Buyers have quickly snapped up two home sites and the city might sell seven more on a stretch of Broadway Street where The Oaks Academy had hoped to build a soccer field.
Building relationships pays off for contractor Gray
Steve Gray Renovations grew during the remodeling industry’s worst downturn in more than two decades.
Residents allege poor construction at another Kosene condo project
The homeowners association at the Packard condominiums plans to file a lawsuit this week against developer Kosene & Kosene Residential and other companies, alleging the 62-unit downtown building was "improperly constructed and is deteriorating."
History on the block
This example of Jacobethan Revival architectural style, the Glossbrenner Mansion at 3202 N. Meridian St., is about to be listed for sale.
DIRECTORY: Home Builders Directory
Mark S. Adams Building Corp. 8058 Bowline Drive, 46236 (317) 590-3690 / fax (317) 826-0120 Website: msabuildingcorp.com Average price of homes: $700,000 Areas of most activity: Marion County Head(s) of local operations, title(s): Mark Scott Adams, president Owner(s): Barbara W. Adams, Mark Scott Adams Established locally: 1980 Adams & Marshall Homes Inc. 9310 N. Meridian […]
Indianapolis house is retreat and headquarters for designer, sculptor
It was on a long-ago trip to Hawaii that the couple decided to bring a little bit of vacation into their everyday lives, launching a design and construction process that would result in their dream home.
Area real estate agents retool to stay relevant
With information booming online, agents are offering more services.
Ryland purchases 504 local lots from home builder
California-based Ryland Group Inc., the Indianapolis area’s third-largest home builder, said it bought the Indianapolis-area lots from Westport Homes.
Whitsett’s Lockerbie project will be market rate
Whitsett was counting on selling state-issued affordable housing tax credits to finance the $27 million project, but it wasn’t among the projects awarded credits.
16 Park developer to rebuild after ‘heartbreaking’ fire
The Friday blaze engulfed a four-story, 28-unit apartment building due to open this fall as part of the $34 million 16 Park project. The Indianapolis Housing Agency says construction will resume as soon as possible.
Cause, origin of apartment building fire undetermined
The fire destroyed part of 16 Park, a $34 million affordable housing development that's intended to help spur a revival of the 16th Street corridor.
Illinois Place apartments planned for former Winona site
The $6.5 million project, led by the Children’s Museum of Indianapolis, will include 50 apartment units, 22,000 square feet of commercial space and a 2-acre park. Construction could start by the end of the year.
Central Indiana housing market enjoys strong May
In May, pending sales of existing homes in the Indianapolis area increased 7 percent from the same month last year while building permits for new construction rose 20 percent.
Area sees May surge in residential building permits
New-home construction in the Indianapolis area rebounded last month from a poor April to post a big year-over-year increase.
Bank seeks to foreclose on local apartment complex
The owners of Arbor Green Apartments on the city’s northeast side owe nearly $15.9 million on a 2008 loan, according to court documents.
Buckingham reviving Gramercy project with smaller plans
Buckingham Cos. has revived plans to redevelop the massive Mohawk Hills apartment complex in Carmel, but the latest version of its Gramercy project takes a huge step back from the original dense, urban-revival-style plan the developer proposed six years ago.
Sales of existing homes up nationally in April
Modest increases in home sales are the latest sign that the market could be starting to turn around nearly five years after the housing bubble burst. Still, housing construction remains at roughly half the pace that economists consider a healthy market.
Retail lineup taking shape for CityWay project
CityWay has landed a fine dining restaurant, a mixology bar, a Qdoba and a frozen yogurt shop as developer Buckingham Cos. turns its attention to the retail portion of the $155 million mixed-use project.