City-County Council approves landlord registry
The ordinance is the product of state legislation this year that effectively shut down rental-property inspection programs but left municipalities the option of creating registries.
Real Estate
Articles
Builders Estridge and Davis rebound from bust, run own firms again
Brad Davis and Paul Estridge Jr. belong to a select fraternity. They’re prominent Indianapolis homebuilders whose companies faltered during the housing downturn, only to re-emerge in another incarnation.
Mainstreet torques up expansion ambitions
Mainstreet Property Group, already the fastest-growing company in the Indianapolis area, now has the fuel it needs to nearly triple its pace of construction of senior care facilities around the country.
Noblesville eyes plans for $10M park, amphitheater
Officials hope to bolster the city’s “hipstoric” downtown and jump-start redevelopment of a key community gateway. But the price strikes some as steep.
Residents of Packard condos settle suit with developer
Residents of downtown's The Packard condominiums have settled a two-year-old lawsuit with developer Kosene & Kosene Residential.
New Grand Park in Westfield already $6M over budget
The Westfield City Council this month voted 5-1 to lend the project $6 million from a city infrastructure fund, money that the administration said would be repaid through future sponsorship revenue and possible litigation windfalls.
Apartments, restaurant on tap for downtown’s south side
TWG Development is part of a joint venture that purchased the vacant building on South Meridian Street with plans for a $19 million project with 120 apartments and anchored by an eatery.
Wynkoop is top real estate agent in 2014
Scott Wynkoop placed first among all-star agents a third year in a row.
All-star real estate agent leadership sounding familiar
Ward takes first place among IBJ’s All-Star Teams sixth year in row.
Indianapolis homebuilder combines dashing design, prefabricated construction
Ursula David hopes her first manufactured home will catch on at other infill lots close to downtown.
Condos making comeback in Indianapolis
The market is starting to wake up after years of slumber caused by the housing downturn.
At-Home Quarterly Marketplace
Look here for statistics on Indianapolis-area home sales, the most expensive local sale, and a map showing population density.
Engineers: Union Station requires $3.7 million in emergency repairs
The Department of Metropolitan Development could tap the downtown TIF fund to cover the costs. The problems were uncovered after bricks fell off the station’s south wall in December 2012.
Home construction on the rise nationally
U.S. home construction rebounded in July, rising to the fastest pace in eight months and offering hope that housing has regained momentum after two months of declines. Construction faltered, however, in the Midwest.
Gatling Gun Club building proving to be tough sell
The building on North Illinois Street has been vacant since 2008. A downtown bar owner who acquired it nearly four years ago put it back on the market after giving up on plans to move her business there.
Real estate company proposing $26 million development
Becknell Industrial LLC has proposed a $26 million, three-building development on the northwest side of Indianapolis that would be ready for tenants by early 2015.
Central Indiana home sales continue to trail 2013
Home-sale agreements declined 13.8 percent in the nine-county area in July, the 11th straight month deals have decreased.
Good Earth exits appeal of Broad Ripple project
The $30 million development has been delayed by a request to repeal a zoning change for the property. Though Good Earth is no longer involved, a local resident is continuing his fight against the project from Browning Investments Inc.
Sun King plans $8.8M brewery, tasting room in Fishers
Homegrown craft-beer maker Sun King Brewing Co. plans to build a second production facility and tasting room in Fishers, adding capacity as it widens its reach. The Town Council will consider a $2.5M economic development deal Monday night.
Lender files to foreclose on downtown’s Villagio condos
First Horizon Home Loans claims the owner of the Villagio at Page Pointe still owes nearly $5.2 million on an $11.6 million loan and is asking a court to appoint a receiver to manage the property until it’s sold.