Castleton-area apartment complex sells for record $97.5M
The 996-unit community was constructed in 1982 and is slated for renovations by its deep-pocketed buyer.
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Apartments on downtown’s east side to help tenants with developmental disabilities
The $11 million five-story project, called The Passage, would include support services and amenities to help tenants with disabilities get jobs and learn to live independently.
Housing instability could upend state’s economy
Housing advocates are warning of a tidal wave of evictions in the state this summer unless an effort is coordinated to head it off.
Six-story apartment building planned for vacant lot on Carmel’s Main Street
A developer is reworking his plans for an apartment building on Carmel’s Main Street to align the proposed $17 million project with future needs of residents and increase its chances of getting city approval.
Developer plans massive mixed-use project on western edge of Marion County
City planning staffers are opposed to the proposal for Tremont Town Center in its current form, but the 1.2 million-square-foot development with residential, retail and office space has support from key community figures.
Union 525 investors plan 160-unit downtown apartment project, parking garage
The investor group behind Union 525 is proposing another expansion to the tech incubator’s downtown Indianapolis corporate campus, this time with plans to construct a nine-story apartment building and a 700-space parking garage on an nearby lot.
Westfield council denies Shamrock Apartments proposal as last-minute agenda item
An $18 million apartment-and-retail project proposed near U.S. 31 and Main Street was turned down Monday night after Westfield City Council members debated whether a petition for the project should even be considered.
Apartments for low-income families and formerly homeless planned on east side
Englewood Community Development Corp. has partnered with Living Word Baptist Church to redevelop a parcel directly across from the church into a 15-unit apartment community.
EdgeRock Development proposing $18M apartment, retail complex in Westfield
There’s still some debate about whether the roughly 100-unit apartment complex with 30,000 square feet fulfills an expectation that senior apartments would be built on the property.
Developers plan $13M apartment project on Teamsters local site in Fountain Square
Creating the 66-unit apartment project would entail demolishing the two-story, 30,000-square-foot Teamsters building at 1233 Shelby St.
Apartments, homes, hotel in works at Fort Harrison site
Three housing and hotel projects are in the works at the former Fort Benjamin Harrison site in Lawrence, and planners hope these projects will accelerate efforts to redevelop part of the former U.S. Army base.
Legislature passes controversial bill to block new Indy landlord-tenant rules
The provision emerged at the Statehouse last month as a last-minute attempt to block the Indianapolis City-County Council from implementing two ordinances designed to protect tenants from predatory landlords.
Legislature proves it’s unafraid to meddle in Indianapolis affairs
Just in the past month or so, lawmakers have debated proposals to prohibit cities from regulating landlord-tenant relations, allow the attorney general to step in when a local prosecutor decides not to pursue a case, and cut funding to IndyGo—which might stop construction of future bus rapid-transit lines.
House committee amends bill to keep cities from regulating tenant relations
In response to the move, Indianapolis Mayor Joe Hogsett said the amendment would nullify recent local efforts to protect tenants from predatory landlords.
Council committee OKs Hogsett’s tenant-protection initiative
The Public Safety and Criminal Justice Committee on Wednesday night approved the proposals 7-3, with Republicans on the committee voting against them.
400-unit apartment property in Castleton sells for $36.5M
The sale of the 37-year-old complex near Interstate 69 and 82nd Street gives Muesing Management 19 properties in the Indianapolis area.
Developer plans 384-unit apartment complex as part of 137-acre south-side project
Locally-based Sheehan Development is seeking approval to rezone land on the northwest corner of South Arlington Avenue and East County Line Road—directly east of Interstate 65—for a project with multifamily, commercial and light industrial uses.
Crestline plans $21M mixed-income apartment project on near-north side
The Indianapolis Neighborhood Housing Partnership bought the property on Meridian Street last year in hopes of finding a developer that would create affordable housing. Indianapolis-based Crestline fit the bill.
Watermark raises $105M for high-end apartment projects
Since 2010, the Indianapolis-based multifamily developer has constructed more than 40 projects consisting of more than 11,000 multifamily apartment units across 11 states.
Controversial Block 20 project moving forward 4 years after proposal
The apartments-and-retail project slated next to the Athenaeum has been in the works since 2016 but encountered hurdles including a lengthy legal battle that reached the Indiana Supreme Court.