Renovation of apartment building owned by the Indianapolis Housing Agency will have to wait, after it failed to receive the
necessary federal backing to fund it. Three other IHA projects, including Caravelle Commons, will move forward, however.
The aim is to spur redevelopment on the city’s blighted near-east side before the 2012 Super Bowl is played in Indianapolis.
Indianapolis home builder Hansen & Horn Group Inc. has officially declared bankruptcy after owners agreed to liquidate the
company earlier this month.
The landmark apartment building at 38th and Meridian streets formerly known as Summit House has been purchased by a pair of Chicago investors who plan to invest “a significant amount of capital” into the 20-story tower.
Luxury home sales in central Indiana surged in February despite an overall decline in home sales, Re/Max of Indiana reported
Monday morning.
Specialized bar codes will be on Carpenter materials ranging from print advertisements to yard signs.
City agency plans renovations, expansions at eight apartment properties.
The housing market could be awakening from its deep sleep, if February home-sale agreement figures are any indication.
The Carmel-based company said its decision to consolidate machining activities at a plant in Tennessee is driven by weak retail
sales and a sluggish housing market.
The largest tax credit deal in state history will fund the rehabilitation of 538 apartments in four complexes owned
by the Indianapolis Housing Agency.
The Bloomberg BusinessWeek survey gives the town north of Indianapolis high grades for “livability, safety, education, and economic performance.”
A court-appointed receiver can begin selling the assets of troubled home builder Hansen & Horn Group Inc., after a judge approved
its liquidation on Wednesday.
Trail Side on Mass Ave would include 69 one-bedroom apartments and about 23,000 square feet of ground-level retail space.
Construction spending fell for a third straight month in January as a slight rebound in housing was not enough to offset widespread
weakness in a number of commercial areas.
A local developer’s plans to renovate a long-vacant and graffiti-covered 1915 building have hit a snag.
King Park Area Development Corp. is preparing to approach developers interested in submitting plans for the 1.8-acre site, the equivalent of about eight residential lots.
The Historic Landmarks Foundation of Indiana plans to acquire the Romanesque Revival former church and is considering moving
its headquarters there.
The troubled home builder’s $14.5 million in liabilities are twice as much as its assets, receiver tells Marion County judge,
who takes the recommendation under advisement.
January home sales in the nine-county Indianapolis area fell 16.5 percent from the same month last year, according to a report
from Re/Max of Indiana. But the housing news wasn’t all bad. The average price of a home in the area jumped 12.1 percent.
J.C. Hart Co. is designing plans for a $17 million upscale apartment community as part of the master-planned Lawrence Village
at the Fort.
