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The four housing developments total more than $147 million in investment, with nearly $56 million for affordable and permanent supportive housing.
The oldest property, the Sid-Mar, was built in 1887, while the youngest property, the Wyndham, was built in 1930. [1]: 8 The need for apartments in downtown Indianapolis came about as a result of the city's industrial development during the late 19th century, led by the railroad and automobile industries, as well as Eli Lilly and Company ...
That output would make 2024 the best year for new single-family home construction since 2021, when builders started around 10,500 homes, and only the second year since 2006 in which new ...
It was the first new hotel to be built in downtown Indianapolis in 40 years. [5] One of the investors in the project was L.S. Ayres and Company, an Indianapolis-based department store. The Hilton Indianapolis was completed in 1971 and contained 430 rooms with 14,300 square feet of ballrooms and meeting rooms. [8]
Riley Towers Riley Towers I and II in 2011 Former names James Whitcomb Riley Center, Towers at Riley Center General information Status Completed Type Residential apartments Location 225 E. North St. (Tower I) 600 N. Alabama St. (Tower II) 700 N. Alabama St. (Tower III) Indianapolis, Indiana 46204 Coordinates 39°46′30.5″N 86°9′10.2″W / 39.775139°N 86.152833°W / 39.775139 ...
Duke Realty was a real estate investment trust (REIT) based in Indianapolis, Indiana, that invested in industrial properties. [1] [2] As of December 31, 2021, it owned or jointly controlled 548 primarily industrial properties containing 162.7 million rentable square feet. [1] In October 2022, it was acquired by Prologis.
Indiana will allow downtown Indianapolis's "economic enhancement district" property tax with a few rules. Indianapolis can enact new tax to pay for homeless outreach with some limits, state ...
By 1915, new construction largely ended, and the architectural character of the area was established. [2] Indianapolis continued to experience strong growth through the 1960s and 70s, but the population of Cottage Home and other inner-city neighborhoods was reduced by migration to the suburbs in the process of urban sprawl.
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