Developer spending $15M to build senior villas on 86th Street
A senior housing community east of the St. Vincent Hospital campus is expected to undergo a major expansion over the next year that will add several dozen independent-living residences.
Apartments
Articles
Area’s largest apartment complex sold in five-property deal worth $121 million
The new owners have renamed the five Indianapolis-area properties and plan to spend at least $29 million on renovations and upgrades.
Developer to revamp 50-year-old, south-side apartment complex
Birge & Held plans to rehabilitate the 304-unit community and target low- and moderate-income renters, who face a shortage of affordable housing.
Projects nibble at Hamilton County’s affordability problem
Projects underway in Fishers, Westfield and Noblesville are aimed at addressing the lack of housing options for low- and middle-income earners in Hamilton County, but they will only make a dent.
Shore Acres apartment complex by Broad Ripple set to expand
The owner of the long-standing project on the Monon Trail has a deal in place to take acreage next door for more units as apartment development heats up in the heart of Broad Ripple.
Apartment developer Milhaus buys former Harrison College property for $6.3M
The developer says it had agreed to let the college continue to operate on the site for three years before the surprise news last week that it was shutting its doors for good.
Developer plans $11M apartment project on city’s east side
The project, named Line Lofts, calls for 63 affordable senior apartments on 1.5 acres along Southeastern Avenue. Part of the project will face East Washington Street.
Pulte plans 460-acre residential project in Noblesville
Parkside at Finch Creek would be designed for as many as 1,500 new housing units, including homes for empty-nesters, apartments and senior-care facilities.
Fast-growing Garrett to build $20M Greenwood apartment complex in own back yard
The site for the 180-unit project is somewhat unusual—inside a business park that includes office buildings, a hotel, a Goodwill outlet store and the headquarters of The Garrett Cos.
Apartment market holding up, despite deluge of projects
Milhaus President Jeremy Stephenson, a panelist at IBJ's Commercial Real Estate Power Breakfast on Wednesday, said job growth and millennials' tendency to put off marriage are helping to support the downtown apartment market.
Developer proposes income-based senior apartments for Fishers
If approved by the city, site work would begin in early spring 2019, with construction starting shortly after.
Big seniors-only apartment complex slated for north-side neighborhood
Sandwiched between homes to the south and commercial development to the north, the $19 million proposed project sparked concerns from nearby residents about its height and density, as well as its impact on drainage and traffic.
Longtime Indianapolis Housing Agency leader announces retirement
Rufus “Bud” Myers is retiring as executive director of the Indianapolis Housing Agency after nearly 18 years in the position, the IHA announced Wednesday.
Husband-and-wife team rehabbing former hospital as apartment building
Justin Stuehrenberg and Katherine Bannon bought the 77-year-old brick edifice in the emerging Bates-Hendricks neighborhood for a song and completely gutted it. The new apartments will be available for lease next month.
Noblesville, developer partner on $24M apartment/parking project
The mixed-use development would provide downtown Noblesville with its first-ever parking garage and its first new apartment building in more than a century.
Developer proposes apartment project for Grand Park Village
If approved, CharlesTowne at Grand Park Village would be built on 12 acres near the intersection of Wheeler Road and 186th Street.
Not-for-profit kicking off effort to build 150 units of affordable housing in Twin Aire area
SEND’s investment is possible due to the group’s sale of the Wheeler Arts Community building in Fountain Square.
Proposed project could add 233 affordable apartment units to northwest side
Herman & Kittle Properties has requested a zoning change that would allow it to build three apartment buildings in the 2300 block of Lafayette Road.
Developer proposes $14M income-based apartment complex in Fishers
RealAmerica Development LLC plans to build seven buildings near Interstate 69 featuring apartments that would rent to tenants earning about $27,000 to $41,000 a year.
Atlanta developer to build 7-story student housing complex downtown
Haven Campus Communities, an Atlanta-based development firm, received approval from the Metropolitan Development Commission this week to build a 172-unit student housing complex downtown near IUPUI.