Beyond the 1,500-acre industrial park near Indianapolis International Airport, the developer has launched a broad range of residential and commercial projects in Marion and Hamilton counties, from the redevelopment of the Milano Inn site downtown to the Grand Park Events Center in Westfield.
Marion County, however, saw a 4.7 percent increase in closed home sales in March amid rising inventories.
Single-family construction permit filings have fallen for the past four months following a 14-month streak of year-over-year increases.
The developer of two mixed-use projects south of Massachusetts Avenue downtown has been accused of harassing opponents. They’re asking city officials to deny his request for $7 million in financing due to his actions and temperament.
The State Budget Committee signed off Wednesday on IU's plan to accelerate the overhaul of the Foster and McNutt complexes.
Indianapolis-based Spectra Student Living bought an existing complex on 10th Street for $23 million and is planning a second phase with units overlooking the White River.
Debt payments will be due before all the buildings are completed. But Carmel officials say the delays shouldn’t cost taxpayers because of safeguards the city and the developer put in in place years ago.
Higher prices, low inventories and climbing interest rates have all combined to slow growth in the market. And colder-than-usual weather last month didn’t help.
The U.S. Department of Housing and Urban Development, which is pursuing civil charges and potential monetary awards that could run into the millions, said Facebook’s ad-targeting platform is discriminating against groups of people through exclusion.
A 4.3-acre, wooded site along Meridian Street in Washington Township that has sat vacant and undeveloped for decades is on the market for $1.9 million.
The lots were among the last available spaces to nab close to the main drag in Fountain Square, a neighborhood where Fisher and his family’s business, RCA Properties LLC, already owned substantial property.
The stuff buyers pack into outdoor living areas varies according to taste. Some opt for outdoor kitchens, though most see the space as a place to chill rather than sling hash. Some spaces are even equipped with outdoor-rated televisions that—allegedly—can stay in the yard year round.
The number of active listings in central Indiana—at 5,077 at the end of February—remains low, although it’s 15 percent higher than at the same time a year ago.
Last year turned out to be the busiest year for builders in more than a decade, but filings have been slowing since the fourth quarter.
Rebar Development launched just over a year ago, and already the small team has won three projects that are the result of public-private partnerships with metro-area communities.
The developer behind the $5.4 million plan to convert Castleton Extended Stay into senior living units is seeking a three-year tax break on the project.
One encouraging sign for future months was pending home sales, which rose 17.1 percent in January.
Milhaus’ 175-unit project, dubbed The Grid, will also include a 180-space parking garage and an enclosed outdoor courtyard with kitchen and lounge areas.
Would-be homebuyers are increasingly priced out of the market as years of climbing prices and strained inventories have made ownership too costly.
Two residents with a home on Lake Michigan contended lakefront landowners should have the right to limit who uses the beaches abutting their properties.
