Proposed Fishers development features million-dollar condos, town houses, commercial space
Fishers-based North Acre Properties LLP plans to build 75 town houses, 45 condos and 20,000 square feet in the Hamilton Proper Planned Unit Development.
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IBJ Podcast: Pete the Planner on what your career earnings should tell you about retirement savings
In the 300th episode of the IBJ Podcast, Pete Dunn also discusses the role that your housing decisions—good and bad—play in retirement readiness.
Applications for new homes rise for ninth straight month in central Indiana
The Indianapolis-area homebuilding industry continued to see rising interest in new houses in March, with applications for new-home construction increasing 18.5% on a year-over-year basis.
Six-story apartment building planned on site across from Lucas Oil Stadium
Indianapolis-based TWG says it has all four of the parcels comprising the site under contract, pending city approval to rezone them from the current I-2 industrial classification to a more apartment-friendly designation.
Sales of existing homes in central Indiana slip for 26th straight month
The exceptions to the trend were Boone and Hendricks counties, where closed sales increased 24.1% and 9.8% over March 2023.
IBJ Podcast: John Stehr, news anchor turned mayor, on tackling one of Zionsville’s hottest issues
Stehr has jumped into the job with a big-picture vision for addressing how to develop the land just south of Zionsville’s gingerbread-like downtown.
Homebuyers face quandary: To wait or not to wait for lower mortgage rates
Combined with a nearly 44% increase in the national median sale price of previously occupied homes between 2019 and 2023, elevated mortgage rates have made buying a home less affordable for many Americans.
Developers looking to build nearly 950 new homes in Noblesville
Members of the Noblesville City Council heard introductions for the four projects totaling $266 million in investment at the council’s meeting on Tuesday night.
City, HUD take over management of troubled Indianapolis Housing Agency
The cooperative endeavor agreement signed by Indianapolis Mayor Joe Hogsett and U.S. Department of Housing and Urban Development Principal Deputy Assistant Secretary Richard Monocchio sets off a multi-year process of evaluation and reorganization of the agency.
Developer receives OK for two subdivisions in Westfield with nearly 600 houses
Platinum Properties Management Co. plans to build Ravinia on 80 acres near West 166th Street and Eagletown Road and Winterburg on 205 acres about two miles west of Grand Park Sports Campus.
Local developer plans 46-unit apartment project near Goose the Market
A local developer plans to spend more than $12 million to build a trio of walk-up style apartment buildings along Delaware Street, just south of Fall Creek.
City-County Council delays housing project vote after complaints against developer
Councilors plan to take a closer look at a proposal after criticism was made against the developer. The Indianapolis-based company has been accused of mismanaging three west-side apartment properties—allegations that it denies.
Felony charges filed against man over unpaid utilities at 4 apartment complexes
The charges are related to a high-profile case in which the landlord of the four affordable apartment properties in Indianapolis collected money from tenants but failed to pay Citizens Energy Group for services from October 2019 to April 2022.
Carmel task force looks at city’s housing challenges
Carmel’s housing options mostly fit into two opposite categories: single-family detached houses in subdivisions and multifamily apartment buildings in the downtown core. City officials want to explore a third category: the “missing middle.”
Area homebuilders continue to see surging demand
Applications for new home construction in central Indiana have risen on a year-over-year basis for eight straight months.
West Fork inks partnership with homebuilder to expand Westfield campus
The West Fork District plan calls for as many as 150 townhomes, along with a whiskey-aging warehouse, a pond, an outdoor concert venue, dog park and various other neighborhood amenities, as well as future commercial development.
360 Market Square owner seeks additional investors in tower
360 Market Square is among downtown’s most expensive apartment properties, with an average rent of $2,365 per month.
Former grocery building now a high-end home
The building sits on land that Israel Traub, a German-Swiss immigrant, purchased in 1854 for a grocery store he opened in 1866, according to the St. Joseph Historic Neighborhood Association.
Demand continues to outpace supply, but sales volume increase is expected
Experts say this year will see a continuation of the same pattern that’s governed the market since before the pandemic—too many buyers chasing not enough listings—with higher interest rates complicating the picture.
Sales of existing homes in central Indiana slip for 25th straight month
Sales in the 16-county area decreased in February amid higher prices and a declining inventory.