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Construction on Deylen Realty’s Second Virginia Avenue Apartment Complex About to Begin

Construction on Deylen Realty’s Second Virginia Avenue Apartment Complex About to Begin

Local developer Deylen Realty is planning to start construction on a new mixed-use multi-family complex at 501 Virginia Avenue in Indianapolis this month.…

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Indianapolis Selects Former General Motors Site for Justice Complex, to Cost as Much as $500M

Indianapolis Selects Former General Motors Site for Justice Complex, to Cost as Much as $500M

The city of Indianapolis has finalized its decision to use part of the former General Motors stamping plant southwest of downtown for the construction of the new Marion County Justice Center.…

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Indianapolis Announces Creation of New Cultural District

Indianapolis Announces Creation of New Cultural District

During a press conference held on April 16, the City of Indianapolis unveiled its plans of creating the Market East District, a new cultural district centered on the new developments at and around the former Market Square Arena site in the city’s downtown.…

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Pittman, Barrett & Stokely Plan $35M High-End Multi-Family Community in Carmel

Pittman, Barrett & Stokely Plan $35M High-End Multi-Family Community in Carmel

Construction could soon begin on a luxury 14-building, 256-unit apartment community near the Monon Greenway in Carmel.…

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Time Equities Makes $9.5M Acquisition of Its First Retail Property in Indiana

Time Equities Makes $9.5M Acquisition of Its First Retail Property in Indiana

In a $9.5 million deal, Time Equities Inc. (TEI) of New York has acquired the Shadeland Station shopping center on the north side of Indianapolis.…

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Cummins Announces $30M HQ Project at Former Arena Site in Downtown Indianapolis

Cummins Announces $30M HQ Project at Former Arena Site in Downtown Indianapolis

Columbus, Ind.-based engine manufacturer Cummins Inc. is planning the construction of its new global distribution headquarters on a four-acre portion of the former Market Square Arena (MSA) site in downtown Indianapolis.…

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Low-Income Senior Housing Project in Downtown Indianapolis Wins $837,000 in Federal Tax Credits

Low-Income Senior Housing Project in Downtown Indianapolis Wins $837,000 in Federal Tax Credits

A $9.6 million affordable senior housing project planned by TWG Development LLC in downtown Indianapolis has been awarded federal tax credits from the Indiana Community & Housing Development Authority.…

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City Committee Green Lights $81M MSA Apartment Tower Project in Indianapolis

City Committee Green Lights $81M MSA Apartment Tower Project in Indianapolis

Plans are moving forward for the $81 million, 28-story apartment high-rise Flaherty & Collins Properties intends to build on a portion of the former Market Square Arena (MSA) site in downtown Indianapolis.…

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MARKET SNAPSHOT: Apartment Boom Underway in Indianapolis, Vacancy on the Rise

MARKET SNAPSHOT: Apartment Boom Underway in Indianapolis, Vacancy on the Rise

Indianapolis job gains are expected to generate significant renter demand, but not enough to counterbalance the surge in rental construction. …

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PK Partners Plans $80M Mixed-Use Project on Vacant Parcels in Indianapolis

PK Partners Plans $80M Mixed-Use Project on Vacant Parcels in Indianapolis

An $80 million commercial and residential project could soon rise on two vacant parcels along River Crossing Boulevard in Indianapolis.…

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Keystone Realty Acquires 114,000-Sq.-Ft. Office Complex in Suburban Indianapolis

Keystone Realty Acquires 114,000-Sq.-Ft. Office Complex in Suburban Indianapolis

An affiliate of Keystone Realty Group has recently acquired the four-building Waterplace Office Park on the east side of the North Meridian corridor in Indianapolis.…

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Mainstreet Property Group Announces Series of New Medical Resorts in Indiana

Mainstreet Property Group Announces Series of New Medical Resorts in Indiana

by Adriana Pop, Associate Editor National health care developer Mainstreet Property Group has announced a significant pipeline of new medical resorts for seniors over the next three years in Indiana. Combined, these developments are expected to create 3,000 permanent jobs, 8,400 temporary jobs, and generate an economic impact to the…

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