New Indiana Developments

June 2019

Townhouse project proposed along Monon Greenway

Lennar Homes of Indiana is proposing 72 new townhouses along the Monon Greenway in Carmel, but first, the builder will need to receive a slate of approvals from the city. Read the full story.

Kite, Milhaus detail plans for 7-building apartment complex in Glendale

A pair of local developers with plans for an extensive apartment complex in Glendale Town Center said Tuesday they hope to break ground on the project before the year’s end. Read the full story.

Developer plans to raze homes in Fishers for $29M apartment project

Indianapolis-based Scannell Properties plans to buy and demolish homes on 14 residential parcels in Fishers to make way for a $29 million apartment community. Read the full story.

Townhouse project planned by hot East 16th Street corridor

A local multifamily residential developer plans to spend $5.5 million to build 23 townhouses by the bustling East 16th Street corridor on the northern edge of downtown. Read the full story.

Levinson Project to Break Ground

A groundbreaking ceremony featuring Noblesville city leaders for the new $24.3 million Levinson downtown project was held June 12. The project, which received approval earlier this year, features more than 80 apartment units and a third-floor courtyard. The apartment offerings include 75 market-rate and 10 affordable-rate studio, one- and two-bedroom apartments. Read the full story.

Apartments Proposed to Replace Motel Near IU Campus

A developer is proposing a 270-unit student apartment complex to replace a motel near the Indiana University campus in Bloomington. Read the full story.

The Annex Group Expands Presence in Kokomo with New Multifamily Housing Development

The Annex Group, LLC, a leading student and affordable housing developer, is excited to announce a new purpose-built, multifamily housing development located at 918 N Washington St., in Kokomo, Indiana. The new development will break ground this month and is set to be delivered Summer of 2020. Read the full story.

$40M River District Project to Break Ground

A new $40 million mixed-use neighborhood center in the River District of Elkhart is slated to break ground Tuesday. River Point West will include a Martin’s Super Markets store, 172 apartments and an additional 6,000 square feet of retail space. Read the full story.

College Building in downtown Kokomo to become apartments, commercial space

The College Building, which was built in the early 20th century and once housed the Indiana Business College, is located at the intersection of Main and Taylor streets and is a beehive of activity as workers prepare the structure for what will be 14 apartment units and 3,500 square feet of commercial space. Read the full story.

May 2019

Flaherty & Collins opens Sullivan apartment project

Indianapolis-based Flaherty & Collins Properties has opened the $8 million Sullivan Lofts senior apartments project in Sullivan. The project created 40 apartments, which are spread across two restored historic structures and new construction on the downtown square. Read the full story.

Senior Living Facility Coming to Elkhart, Adding Jobs

Hellenic Senior Living, an assisted living community for older adults, is slated to open next month in Elkhart. When fully operational, the $26.7 million development will provide 45 jobs. Read the full story.

New Developments Announced at Discovery Park

Officials of Browning Investments LLC and J.C. Hart Co. Inc. announced a joint venture to develop about 250 luxury apartments and 15,000 square feet of street-level commercial space in Discovery Park District, a 400-acre $1 billion-plus development that will transform the west side of the Purdue University campus. Read the full story.

Ambrose partners with Glick as part of $200M first phase at Waterside development

Ambrose Property Group on Thursday announced a major partnership with multifamily housing powerhouse Gene B. Glick Co. and several changes to its leadership team as it gets closer to embarking on the $200 million first phase of its massive Waterside project at the former GM Stamping Plant west of downtown. Read the full story.

Kite, Milhaus planning 7-building apartment complex next to Glendale

A pair of local developers are seeking a zoning change so they can construct a seven-building apartment complex next to Glendale Town Center. Indianapolis-based Kite Realty Group Trust, which owns Glendale, this month filed a request with the Marion County Board of Zoning Appeals to change zoning for some of the parking lots it owns along Rural Street, just east of the mall at 6101 N. Keystone Ave. Read the full story.

April 2019

Hart proposing $40M apartment community near Zionsville’s downtown

Carmel-based J.C. Hart Development is proposing a $40 million apartment community just south of Zionsville’s quaint downtown. Named Sycamore Flats, the project would be built near the southwest corner of Main and Sycamore streets. It calls for 184 one- and two-bedroom, high-end apartments, a 255-space parking garage for only residents, and 4,320 square feet of retail space. Read the full story.

Discovery Park Apartments Opening Soon

The $86 million apartment complex at Purdue University’s Discovery Park District is set for an August opening. The university says Aspire at Discovery Park will be the first apartment community on the West Lafayette campus to feature tech-centric living with an integrated smart home experience. Read the full story.

New Apartments Planned for Indy’s Old Southside

The old stucco building at the corner of Morris and South Meridian streets has dominated that spot in the Old Southside area for decades. Over the years, developers have floated redevelopment ideas, but nothing stuck until recently. Gary Hobbs, president of Indy-based real estate developer BWI, recently purchased the land and is planning to demolish the building and break ground on a new apartment complex this fall. Read the full story.

Rust Belt Turns to Munis to Breathe Life Into Old Factories

In the center of Fort Wayne, Indiana, sits an abandoned General Electric Co.complex built more than a century ago, a space that once employed about 40 percent of the city’s workforce but now serves as a constant reminder that the downtown isn’t what it used to be. That’s poised to change through a revitalization project, financed by $45 million of local-government bonds, that will turn the 39-acre site into apartments, shops and offices scattered among the 18 buildings occupied by GE during the town’s manufacturing heyday. Read the full story.

Assisted Living Home Set to Open This Month, Add Jobs

A new assisted living and memory care community for older adults is expected to open in Noblesville later this month. When fully occupied, Heritage Woods will provide 78 full-time and part-time jobs. The $25 million development was designed for seniors who need assistance but also want to maintain their independence. Read the full story.

Student apartments near IUPUI to get 72-unit addition from new developer

More than 70 units and nearly 100 parking spaces are planned for a second phase of a student apartments complex overlooking the White River west of the IUPUI campus. Indianapolis-based Spectra Student Living is seeking approval to move forward with the addition to the Annex on 10th apartment building at 1717 W. 10th Street, two years after the original portion was completed by another developer. Read the full story.

Affordable Housing Project Set to Begin

Officials in Bloomington will break ground on the $1.4 million first phase of an affordable housing development. The Switchyard Apartments will provide a total of 16 affordable one-bedroom and two-bedroom apartments near the new Switchyard Park in the Monroe County city. Read the full story.