Riley Towers expansion in works
The owner of the Riley Towers apartment complex is preparing to develop a 54-unit extension of the landmark
downtown property.
Apartments
Articles
Census surprises
An Indiana University demographer outlines predictions on Latinos, homeownership and populations of unincorporated areas.
Buckingham tapped to develop mixed-use project near IUPUI
Former YMCA branch at 860 W. 10th St. would be razed to make way for retail and housing.
Trustee chooses $20.5 million Buckingham plan for old YMCA
The Center Township Advisory Board has picked Buckingham Cos. to redevelop a 2-acre property it owns
at 860 W. 10th St. near the IUPUI campus.
AIMCO rethinks sale of four apartment complexes
A Denver-based company that just sold its largest Indianapolis apartment complex has taken its four remaining local properties
off the market.
Housing construction jumps
The Commerce Department said Wednesday morning that construction of new homes and apartments rose 8.9 percent in November.
Homeownership losing cachet due to housing bust, job losses
Multifamily housing may not benefit anytime soon from falling rates of homeownership.
Home-construction starts, permits plunge unexpectedly
The Commerce Department said Wednesday that construction of new homes and apartments fell 10.6 percent in October, to the
lowest level since April.
Van Rooy scoops up troubled complex
Van Rooy Properties plans to spend $5.5 million renovating a 277-unit west side apartment complex that it acquired a month
ago in an unusual deal.
Yats opening new concept near Central Library
Yats plans to open a new restaurant and bar concept in the first floor of the The Ambassador apartment building next to the
Central Library.
Fewer home-building permits signal weakness ahead
Applications for home-building permits, a gauge of future construction, fell in September by the largest amount in five months.
Grocery, housing projects could rejuvenate stretch of 16th Street
A troubled low-income housing project has a new owner with plans to redevelop the complex to better
connect with the Herron Morton Place neighborhood. Next door, Kroger has revived efforts to acquire
land and plan a new supermarket to replace a cramped, old-format location.
Historic Landmarks returning to headquarters
The Historic Landmarks Foundation of Indiana is set to return to its headquarters in downtown Indianapolis tomorrow, six
months after a fire at a neighboring apartment project displaced the not-for-profit.
New owner to rehab two century-old apartment buildings
A local real estate veteran who had planned to retire has instead jumped back into the game with the purchase of two vacant
downtown properties he plans to convert to market-rate apartments.
Housing construction jumps to 9-month high
Housing construction rose in August to the highest level in nine months as a big surge in apartment building offset a decline
in single-family activity.
Apartments near downtown canal slated for rehab
A local real estate veteran who had planned to retire has instead jumped back into the game with the purchase of two vacant
downtown properties he plans to convert to market-rate apartments.
Downtown apartment complex expanding
The developer of The Waverley apartments downtown has filed plans to expand the complex because of high demand for one-bedroom
units.
Indiana set to announce $164M in stimulus awards for housing
Indiana Lt. Gov. Becky Skillman plans to announce the first awards of $164 million in federal stimulus money to build low-
and moderate-income housing across the state.
Affordable housing developers struggle as key funding source disappears
Affordable
housing developers nationwide are facing a drastically weaker market for tax credits.
Plans emerge for Winona Hospital redevelopment
The Children’s Museum of Indianapolis wants the city to tear down the old Winona Memorial Hospital so it can build a community park and outdoor learning center. A private firm that specializes in environmentally
impaired properties wants to turn the building into senior apartments.