The Annex Management Group Inc., which specializes in student and moderate-income housing, plans to earmark units for individuals and families making up to 60% of the area’s median income.
A representative for the buyer said that Indianapolis’ rank as one of the best markets in the country for rent growth—that is, increases in rent prices—played a key role in the decision to buy Cosmopolitan on the Canal.
City officials hope a partnership with Urban Land Institute will help cultivate redevelopment ideas that are feasible for the site and beneficial for the east-side neighborhood.
Starting this year, the fast-growing international chain of French-inspired bakery cafes is looking to open at four suburban locations.
The first phase of the project will likely focus on Logan, Eighth and Ninth streets on the north, west and east sides of the historic Courthouse Square.
Frozen grants, delayed allocations and terminated funds are all examples of what Indianapolis housing providers and builders face as President Donald Trump’s administration slashes federal programs and jobs.
The National Association of Home Builders projected that current tariffs could raise the cost to build a single-family house in the United States $7,500 to $10,000.
The Athenaeum Turner Gymnasium includes a nod to the German immigrants who helped establish the Athenaeum, originally known as Das Deutsche Haus.
Onyx+East, which was spun off in 2016 from Indianapolis-based Milhaus Development LLC, got its footing in downtown Indianapolis, and Lawrence has led the company as it has put a focus on the suburbs.
Closed existing-home sales in the 17-county area fell for the third time in four months in February, but sales prices continue to climb.
If fully developed, the 468-acre data center complex would have up to four buildings and 400 employees making annual salaries of about $100,000.
The decision comes as developers seek to build a colocation site—a data center with multiple tenants—on a portion of the 626 acres.
The Swig, which plans further Indiana shops, will serve drive-thru customers from a space previously occupied by a Papa Murphy’s pizza location.
The 12-to-14-acre Wrecks Park is planned along Indianapolis Road, west of Interstate 65 and south of Whitestown Parkway.
More than 200 residential properties around Indianapolis are connected to at least one of the more than two dozen active lawsuits that investors, lenders and contractors have filed against brothers Jeremy and Joshua Tucker.
The $249 million plan calls for rehabilitating the 116-year-old former municipal building at 202 Alabama St. and building a 387-foot tower with 186 apartments, 23 condominiums and 156 hotel rooms.
The downtown Minton-Capehart Federal Building and the Maj. Gen. Emmett J. Bean Federal Center in Lawrence were deemed “not core to government operations” by the General Services Administration.
Greg Schahet shares financial war stories from moments in the last three decades when it seemed like the hotel industry had turned upside-down.
The Simon family’s involvement in the city’s effort to attract a Major League Soccer team might have been the worst-kept secret in Indianapolis.
Senate Bill 307 would allow the Indiana Brownfields Program to be used to study brownfields and to create a statewide inventory, although the bill provides no funding for the task.
