Rare downtown condo project under construction in Lockerbie
Chase Development LLC plans to build 12 condos ranging from nearly $400,000 to $1.2 million as part of its 500 Park Residences project at the northwest corner of East Michigan Street and Park Avenue.
View ArticlePreservation group delays action on project with 'digital canvas'
Members of the Indianapolis Historic Preservation Commission say they postponed a vote on the Mass Ave project at the request of City-County Council members who argue the building's massive screen...
View ArticleCarmel’s $100M Legacy attracting retail projects
Since Virginia-based Falcon's Nest purchased the 400-acre development in 2011, residential construction has slowly been increasing. Now, some commercial development is beginning to follow.
View ArticleDowntown condo association again files suit for building damage
Residents of the Hudson condominium complex are suing the owner after the latest round of problems caused $6 million in damage to the structure.
View ArticleGershman family taking on ambitious, high-profile real estate projects
The flurry of activity comes after Gershman transitioned to second-generation leadership and ditched its traditional bread-and-butter retail projects in favor of more modern mixed-use development.
View ArticleDeveloper plans $30M urban-style apartment project in Plainfield
Cityscape Residential hopes to break ground in the spring on the 306-unit development, which would be within walking distance of the Shops at Perry Crossing.
View ArticleBids to develop IPS Mass Ave site top out at $260M
The proposals for the highly visible, 11-acre site suggest a host of office, retail and housing options, with two calling for a boutique-style hotel.
View Article$4.6M project in Franklin could help transform city’s downtown
The city is partnering with a private developer to turn a former factory building into condominiums, retail and event center space—one of several projects that could help revitalize its downtown.
View ArticleNoblesville pushes to diversify housing
A housing analysis the city recently commissioned identified a gap between single-family homes and multifamily apartments--few townhomes, condos, cottages and duplexes in dense, walkable areas.
View ArticleDowntown Indianapolis condo goes for $4.8M in possible record sale
Encore Sotheby’s International Realty said the property was the largest single-family residential real estate sale in the local office’s six-year history and the largest ever in Marion County listed in...
View ArticlePreservation commission holds off on decision for Chatham Arch project
The Indianapolis Historic Preservation Commission wants the developer of a proposed mixed-use project including condos, town houses and single-family dwellings to take another shot at addressing...
View ArticleDeveloper embarking on three downtown for-sale housing projects
Onyx + East is planning a mix of condo flats, townhouses and row houses at the three locations, two of which should see construction activity within a few months.
View ArticleCondos make comeback amid apartment boom
Several projects are in the works—a push led mainly by local developer Onyx+East, which plans to begin construction this year on nearly 150 units, 90 of which are in or near downtown.
View ArticleRetired designer turns two condos into one for penthouse over Mass Ave
It was quite a change, to say the least, from the Jim O’Neils’ previous abode—a large but traditional home on 116th Street.
View ArticleBottleworks project on Mass Ave to feature food hall
The developer of the massive $260 million project is planning for space to host a broad mix of vendors, ranging from seafood purveyors and fruit-and-vegetable stands to restaurants of various sizes.
View ArticleLockerbie block poised for $25M in condo, apartment developments
The projects, proposed separately by Litz & Eaton Development LLC and Block 20 Development LLC, would be built on two empty lots and on property where an existing building sits.
View ArticleArea home sales rise despite higher prices, fewer choices
The total number of active home listings in the region dropped 18.9 percent on a year-over-year basis at the end of November. New listings were down 5.5 percent.
View ArticleJudge: Developer can proceed with residential-retail project in Chatham Arch
A Marion Superior Court judge has ruled in favor of a North Carolina developer, after a neighborhood resident challenged his plans to build the project.
View ArticleHigh-end homes enjoy golden sales year
Home sales of $1 million or more in the Indianapolis area have skyrocketed 143 percent since 2012. Last year, nearly 150 such homes were sold, compared to only 61 five years ago.
View ArticleDeveloper plans $9.5M town house project near old Milano Inn site
Onyx+East is buying a one-acre lot off of South College Avenue and plans to build eight buildings containing 35 residential units.
View ArticleBricks and beams warm up industrial condo
Jeweler Nick Blum turned the former paint manufacturing plant—which dates to the 1890s—into several upscale condos with industrial details.
View ArticleCustom homebuilder expands to downtown condos
Litz & Eaton Development Co. and its two affiliates have grown from annual revenue of $1 million in 2011, the year residential developer Brad Litz and custom homebuilder John Eaton founded the...
View ArticleCity releases data trove on abandoned, blighted homes initiative
The "2,000 homes” dashboard—named after a pledge by Mayor Joe Hogsett to “rehab, transform, or demolish” 2,000 homes in two years— allows residents to see addresses of blighted homes, their owners, and...
View ArticleLocal group converting former Phoenix Theatre building into condos
Plans for the historic structure in the downtown Chatham Arch neighborhood call for three condominiums priced at roughly $1.1 million each. Work is set to begin early next month.
View ArticleOnyx+East ventures out of Indy area with $15M Tampa project
The condominium developer, which spun out of Indianapolis-based Milhaus two years ago, also has expanded its reach with a $12.5 million project in the Village of West Clay.
View ArticleDeveloper proposes 314-home subdivision in Noblesville
Brooks Farm would feature 314 homes built by two builders, including attached villas and single-family homes.
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