Articles

Will suburban apartment market stay hot?

Marah Development’s plans for a 491-unit multifamily housing project in Noblesville’s Corporate Campus aren’t surprising, given the red-hot apartment market in central Indiana.

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Drywall contractor charged with underpaying employees

An Indianapolis drywall contractor faces criminal charges that he underpaid his employees working on a government housing project, and then falsified documents to cover it up, the Marion County Prosecutor’s Office announced Friday.

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$1.5M plan to salvage Di Rimini nears finish line

The bank that owns the hulking pile of code violations known as Di Rimini at the southeast corner of Capitol Avenue and St. Clair Street is poised to invest more than $1.5 million to finish the ill-fated project.

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One Mass Ave project starts; another one is in limbo

Insight Development has begun building an $11.5 million, 61-unit apartment project at Massachusetts Avenue and East and North streets. But  the fate of the second phase is up in the air because its financing had been tied to a project Insight and Flaherty & Collins Properties had hoped to develop across Mass Ave at the site of the Indianapolis Fire Department headquarters.

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City selects developers for Mass Ave project

City officials have picked the apartment specialist J.C. Hart Co., retail developer Paul Kite Co. and architecture firm Schmidt Associates to redevelop a prime Mass Ave parcel currently occupied by the Indianapolis Fire Department.

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