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Downtown praised for 'livability' but needs more residents

The past decade has seen roughly 5,000 more residents living downtown than in 2000, wooed by new condos and apartments within walking distance of growing retail and cultural attractions. There are now...

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3Mass resident sues developer over accessibility

A resident of the 3Mass condo development who uses an electric wheelchair is suing the developers for failing to provide handicap accessibility to a rooftop terrace.

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High-rise living in midtown Indianapolis

Author Lorene Burkhart remains grounded despite her penthouse surroundings

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Condo sales lag in hot downtown apartment market

New apartment projects carrying premium rents are popping up all over downtown, but the strong demand for urban living isn't providing much of a boost for the condo market.

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Portrait Homes parent files for bankruptcy

Chicago-based Pasquinelli Homebuilding is seeking bankruptcy liquidation for all its business entities, including Portrait Homes Indiana, which built hundreds of homes in the Indianapolis area.

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Renaissance Bay heads for sheriff's sale

A $150 million project that slammed head-first into the recession is slated for a sheriff's sale later this month.

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Lender purchases Renaissance Bay in sheriff’s sale

Fort Wayne-based Star Financial Bank, which is trying to recover some of the more than $23 million it loaned for the condominium project, submitted the only bid for it on Wednesday. The bank said...

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Owner of several properties south of Mass Ave starts to divest

The pending sale of two historic buildings and a vacant lot just south of Massachusetts Avenue is the first of what could be several deals in the area as one of its largest property owners begins to...

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Bush Stadium rehab is Watson's latest creative project

Longtime Indianapolis developer launches spirited attempt to save baseball palace.

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Home-sale deals tick up in Indianapolis area

Home-sale agreements in the nine-county Indianapolis area rose 3.6 percent in July from the same month a year earlier, marking the third straight month of year-over-year increases after 14 months of...

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Page Development CFO files for personal bankruptcy

Paul M. Pittman, one of four principals in a troubled Indianapolis-based condo developer, filed personal bankruptcy this week.

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Area home sales stay on upward path in February

Purchase agreements in the nine-county area tracked by F.C. Tucker hit 1,728, a 14.7-percent increase over February 2011. The increase marked the 10th straight month of year-over-year improvement.

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Downtown condo residents sue developer over damage

The homeowners association for the 70-unit Hudson wants the building's developer, Kosene & Kosene, to pay to repair damage it alleges was caused by faulty construction.

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Apartment convenience luring would-be homebuyers

Developers are catering to nontraditional renters by building units resembling upscale condos.

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Residents allege poor construction at another Kosene condo project

The homeowners association at the Packard condominiums plans to file a lawsuit this week against developer Kosene & Kosene Residential and other companies, alleging the 62-unit downtown building...

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Developer settles suit with Hudson condo residents

The complaint alleged that Hudson residents in 2011 began noticing cracks in the first-floor walls and ceiling of the downtown condominium, in addition to noticing a slope in the floor.

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Long-struggling condo development going to auction

The mostly two-bedroom units represent the bulk of the ill-fated Chatham Kynett Court project at 716 N. East St. in the Chatham Arch neighborhood.

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Bankruptcy stops condos' auction

An Indianapolis developer’s last-minute bankruptcy filing halted the auction of a struggling downtown condominium project.

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Whitsett bids to redevelop Star headquarters

One of the city's most prolific developers of affordable housing hopes to buy the Indianapolis Star headquarters to redevelop the property into apartments or condominiums.

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Browning exec Dye joining The Whitsett Group

Dennis Dye will become a partner at Whitsett, a prolific developer of affordable housing. He has served two stints at Browning totaling about 20 years.

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