Mass Ave project works toward April approval
Trail Side on Mass Ave would include 69 one-bedroom apartments and about 23,000 square feet of ground-level retail space.
Residential Real Estate
Articles
Construction spending falls again
Construction spending fell for a third straight month in January as a slight rebound in housing was not enough to offset widespread
weakness in a number of commercial areas.
Disagreement about parking delays project on Meridian Street
A local developer’s plans to renovate a long-vacant and graffiti-covered 1915 building have hit a snag.
Redevelopment planned for site of former juvenile facility
King Park Area Development Corp. is preparing to approach developers interested in submitting plans for the 1.8-acre site, the equivalent of about eight residential lots.
Restoration planned for landmark Old Centrum property
The Historic Landmarks Foundation of Indiana plans to acquire the Romanesque Revival former church and is considering moving
its headquarters there.
Receiver: Insolvent Hansen & Horn should be liquidated
The troubled home builder’s $14.5 million in liabilities are twice as much as its assets, receiver tells Marion County judge,
who takes the recommendation under advisement.
Metro-area home sales plummet
January home sales in the nine-county Indianapolis area fell 16.5 percent from the same month last year, according to a report
from Re/Max of Indiana. But the housing news wasn’t all bad. The average price of a home in the area jumped 12.1 percent.
Apartment developer plans 217 units in Lawrence
J.C. Hart Co. is designing plans for a $17 million upscale apartment community as part of the master-planned Lawrence Village
at the Fort.
Urban Land Institute chapter launches in Indianapolis
Chapter, heavily populated by developers, hopes to guide sustainable development.
Westfield lumber company part of acquisition
Hall & House Lumber Co. in Westfield will become part of one of the largest distributors of lumber and building materials
in the nation, once the purchase of its parent is completed next month.
Ex-Indiana player Leary arrested in fraud case
The 39-year-old Leary was being held Friday in the Monroe County Jail in Bloomington on charges out of Allen County.
Law firm adds historic home to campus
Plews Shadley Racher & Braun has finished a careful restoration of the Eden-Talbott House, continuing a strategy of shunning
glass and steel.
Cincinnati investors buy apartment complex anchored by mansion
Sundance Real Estate Holdings and other investors closed on the 37-unit Mansion Row apartments at 2550
Cold Spring Road on Dec. 30.
Apartment developer investing $100M in Hamilton projects
Carmel-based developer J.C. Hart Co. is making a $100 million bet that luxury apartment communities will continue to thrive
in Hamilton
County, particularly along 146th Street.
Employee buys Drexel Interiors from struggling parent firm
The east-side Indianapolis kitchen and bathroom remodeling shop is attempting to succeed as a solo operation following longtime
employee Allen Weisenburger’s decision to buy the operation rather than let it close.
Report says Indiana home sales, prices on rise
Home sales statewide rose 4.1 percent in December compared with the same month in 2008, although Marion and Hamilton counties
reported sizable slides.
Affordable-housing group goes on apartment-buying binge
Partners in Housing Development seized on a weak real estate market to acquire three urban apartment communities in the last
18 months.
Farmland once targeted for housing still being plowed
Farmers who might have worried about losing their livelihood
to new homes or retail have gotten a little breather.
Salvation Army draws scrutiny for supplying homes to officers
In Indiana, the Salvation Army owns 34 residences, including 10 in Indianapolis with a combined value of $1.6 million.
F.C. Tucker predicts modest rally for residential market
Central Indiana’s housing market is on track to notch gains in the number of homes sold and the average sales price in 2010.