Affordable housing group eyeing expansion
A recent change in leadership at Carmel-based Merchants Affordable Housing Corp. has turned the not-for-profit’s attention to creating more units, both near and far from home.
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Golf venue swings into area across White River from downtown
Back 9 will feature a three-story building with 75 golf bays, a 350-person music pavilion, and a handful of bars and restaurant spaces, as well as meeting areas and a game area.
White House rolls out plan to improve housing affordability
Millions of Americans are getting priced out of ownership or stuck spending the bulk of their income on rent. The S&P CoreLogic Case-Shiller 20-city home price index climbed a record 19.1% in June from a year ago.
Prominent Keystone Crossing office buildings sell for $34.2M
The acquisition by Felton Properties, which equals about $164 per square foot, marks the Oregon-based firm’s first venture into the Indianapolis market.
Indy area’s second X-Golf center opening this fall
The Carmel-based franchisee for the line of sprawling indoor golf and entertainment centers says he’s already looking ahead to additional stores, maybe one in downtown Indianapolis.
New Stutz factory owners planning $60M redevelopment
Plans call for the updated Stutz, purchased earlier this year by New York-based SomeraRoad Inc., to feature new event areas, co-working space, more retail and restaurant offerings, new outdoor spaces and an updated facade.
Former Colts player, Stacked Pickle owner Gary Brackett files for bankruptcy
Brackett, who played for the Indianapolis Colts from 2003 to 2011, got into the restaurant business after retiring from the NFL. He closed his Stacked Pickle sports-bar chain in May 2020 because of the pandemic.
Officials want input on recasting City-County Building, leaning toward residential
Indianapolis is getting serious about possible redevelopment of the City-County Building, now that half of the 28-story monolith is set to be empty within months.
Residential Real Estate: Marketplace stats for August 27, 2021
The region’s hot real estate market cooled slightly in July but continued at a rapid pace. The number of single-family home and condo sales in 16 central Indiana counties dropped 2.9% from June to 4,071 in July.
Seeing Zionsville from a cozy front porch
John and Solveig Fiene’s Zionsville home has high ceilings, plenty of light streaming in the windows and a big, welcoming front porch, the perfect place to sit and talk to people walking by.
New ‘iBuyers’ are jumping into central Indiana’s real estate market
San Francisco-based Opendoor and Phoenix-based Offerpad both announced in recent weeks that they were bringing their internet-driven real estate services to homeowners in central Indiana. They allow homeowners to request a cash offer on their homes—usually available within 24 hours.
All-Star Real Estate Agents: The Indy area’s top teams and solo sellers
Three veteran real estate agent teams retained the top three places in IBJ’s All-Star team rankings, with Dennis Nottingham’s Indy Home Pros Team claiming the No. 1 spot. Jennil Salazar of RE/MAX Ability Plus made it a three-peat as the top IBJ All-Star solo agent.
Supreme Court allows evictions to resume during pandemic
The court’s action late Thursday ends protections for roughly 3.5 million people in the United States who said they faced eviction in the next two months.
Hogsett: ‘It only makes sense’ for prosecutor’s office to move to new justice campus
Indianapolis Mayor Joe Hogsett on Monday said he thinks the Marion County Prosecutor’s Office should relocate from downtown to the new Community Justice Campus, but that decision is still up in the air, according to Prosecutor Ryan Mears.
Smokey Bones chain returning to Avon after 15-year hiatus, but with ghost-kitchen twist
When it reopens in Avon, the barbecue hotspot will serve its own customers while accommodating two virtual takeout-and-delivery-only concepts—The Wing Experience and The Burger Experience.
Prosecutor uncertain whether he’ll move offices to Community Justice Campus
Marion County Prosecutor Ryan Mears said his hesitancy arises from concerns over how such a move could increase the prosecutor’s operating costs.
New zoning encourages dense housing near bus lines
Earlier this month, the Democrat-controlled City-County Council voted 20-5 for new development standards that add residential and mixed-use districts to push bus usage, walkability and density county-wide.
Big Car behind on Garfield Park revitalization, but confident it will finish
The centerpiece of the project—transforming a 40,000-square-foot former factory into an arts and cultural space—has not begun, but home renovations and greenspace development are underway.
Former east-side golf course to become Grassy Creek expansion
When Indianapolis Parks and Recreation staff saw a large piece of land up for sale near a well-loved park, they jumped at the chance to add greenspace to the city’s property rolls.
Builders see increased demand for new homes for the 14th straight month
So far this year, 6,539 single-family building permits have been filed in the Indianapolis area, up 39% over the first seven months of 2020.