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Apartment growth supports surge in downtown Indianapolis living

February 17, 2023 | Daniel Bradley

Nearly 29,000 residents now live downtown, up from about 15,000 in 2010. It’s a number that has been growing as developers continue to add apartment and condo units in the Mile Square and downtown neighborhoods.

Ohio firm acquires The Coil apartments in Broad Ripple for $57M

December 20, 2022 | Mickey Shuey

The purchase comes just three years after the 151-unit complex on the Central Canal was sold for $40.7 million to Chicago-based Promus Holdings LLC.

East 38th Street corridor to receive $3.5M city investment

November 16, 2022 | Taylor Wooten

The East 38th Street corridor is the city’s eighth Lift Indy neighborhood and will receive investments in affordable housing and homeownership, economic development, and food-access efforts.

City seeking bids for parking lot north of Old City Hall

October 21, 2022 | Mickey Shuey

City officials see the 0.65-acre parcel at 222 N. Alabama St. as a connector between the Mass Ave cultural district and the Market East area, potentially with a hotel or apartment project.

Proposal picked for City Market area redevelopment bested two others

June 15, 2022 | Mickey Shuey

The proposed $175 million project that could add more than 400 apartments to the area surrounding the Indianapolis City Market was chosen over two other bids from local development firms—both of which differed greatly from the winning proposal.

Apartments planned for 110-year-old downtown office building

April 21, 2022 | Mickey Shuey

The Wulsin Building at 222 E. Ohio St. is expected to be acquired by an investment group later this spring. The buyers plan to spend up to $6 million to convert the eight-story structure to market-rate apartments.

City ponders coordinating redevelopment of multiple downtown sites

March 11, 2022 | Mickey Shuey

Roughly 17-1/2 acres of city-owned property in various stages of the redevelopment process have developers chomping at the bit to make their mark on the city’s skyline.

Proposed $48M apartment project advancing slowly at former Noblesville granary site

April 22, 2021 | Kurt Christian

Developer Flaherty & Collins Properties was approved for up to $7.3 million in industrial recovery tax credits for its plans to build 238 apartments, a parking garage and retail space at the site, but the project has seen little progress since 2018.

Rents grow despite pandemic—and are expected to keep rising

March 12, 2021 | Lesley Weidenbener

Landlords had been worried not just that tenants wouldn’t be able to stomach rent increases in 2020 but that they might not be able to pay their rents at all as the pandemic wore on. But collections remained strong,

Pandemic means renters can find deals downtown

January 15, 2021 | Mickey Shuey

Downtown apartment managers are extending rent specials, reducing parking costs and offering other incentives to get tenants in the door—and lock those already there into new leases.

Zionsville sets table for gateway south of downtown

August 28, 2020 | Kurt Christian

To plan development, mayor is scheduling public-input sessions that will shape a request for proposals the town plans to issue within six months.

Most sports leagues pause with second day of protests, some more unified than others

August 28, 2020

A day after the Milwaukee Bucks’ sudden, historic strike spread throughout the sports world, athletes continued protests of racial injustice and police brutality Thursday.

Memory Bank: Seeking cures at the Martinsville Sanitarium

March 6, 2020

In the late 1890s and early 1900s, mineral waters fed from local springs fueled the Martinsville economy, drawing thousands of people seeking cures for dysentery, rheumatism and muscle pain.

West-side apartment complex sells for $32.8M

December 19, 2019 | Mickey Shuey

The Astoria Park Apartments complex, 3640 Beluga Lane, was bought by Besyata Investment Group, according to the Indianapolis multifamily division of Chicago-based Cushman & Wakefield, which brokered the sale.

Brownsburg’s newly built downtown starting to fill up

September 20, 2019 | Mickey Shuey

Through a series of developer partnerships that included $53 million in private funding, more than $90 million worth of new buildings and infrastructure improvements have been added along or near North Green Street.

Purdue researchers hope to repurpose drugs to fight deadly superbugs

July 1, 2019 | John Russell

Researchers at Purdue have won a $2.5 million, five-year federal grant to screen existing drugs to see if they can help attack antibiotic-resistant infections.

How Fishers created a downtown almost overnight

January 3, 2019

The Nickel Plate District has exploded with development—and the biggest project yet is on the horizon.

Toronto firm adds to Indianapolis holdings with two apartment acquisitions

December 11, 2018

Emma Capital Investments Inc., which entered the Indianapolis market earlier this year, has acquired apartment complexes on the city’s north and northeast sides totaling 496 units.

Marriott reveals years-long data breach affecting 500 million customers

November 30, 2018

The hotelier announced Friday morning that information for hundreds of millions of guests who stayed at its Starwood properties has been compromised. Credit card numbers and expiration dates for some guests may have been taken.

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Forty Under 40 – 2018

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