Indianapolis New Construction & Proposed …Indianapolis New Construction & Proposed Multifamily...
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Indianapolis New Construction & Proposed Multifamily Projects 13 16 22 17 14 ID PROPERTY UNITS 1 Camden Oakes 110 2 Templeton Ridge 122 3 Bella Vista Phase II 134 4 Woodlands, The 93 5 Elmwood 96 6 Quarry at River North 198 7 Avant 305 8 Chatham Glen 92 9 Urban Station 53 10 Woodbury Ridge 85 Total Lease-Up 1,288 11 Residences at CityWay Phase II 400 12 Penrose on Mass 236 13 One North 220 14 Millstone of Noblesville Phase II 104 15 Park at Pulliam Square, The 334 16 River House 86 17 Ascent, The 309 18 360 Market Square 300 19 Forte 64 20 Monon Lofts 142 21 Vue, The 245 22 Park 66 Flats Broad Ripple 108 Total Under Construction 2,548 23 Schoolhouse Flats 50 24 351 West 10th Street 285 25 420 North Senate Avenue 400 26 9 on Canal Phase II 219 27 Ardmore, The 126 28 Block 20 70 29 Library Square 111 30 21 West 65 31 Prospect & Spruce 94 32 Riverview 200 33 Tyler Phase II, The 214 34 St. John United Church of Christ Site Redevelopment 60 35 South Arlington Avenue 153 36 Wilshaw 150 37 Line - Urban Flats on the Monon, The 136 38 Meridian - Kessler Site 100 39 Fields at Franklin, The 142 40 Green and Franklin Streets 220 41 Mosaic 50 42 Woodlands Phase II, The 79 43 Harmony 250 44 Main & Rangeline 50 45 Midtown East 200 46 Midtown West 167 47 One One Six Phase II 81 48 Proscenium, The 224 49 Kirk Bend 344 50 Millennium, The 500 51 Trails, The 300 52 Woodbury Ridge Phase II 50 53 Bottleworks 337 54 Villas at the Plaza 94 Total Planned 5,521 55 East Market Street & East Street 69 56 North East Street 67 57 1024 - 1028 Virginia Avenue 74 58 7002 Westfield Blvd 100 59 Links at 96th 384 60 Oaktree Redevelopment 336 61 Bluestone Phase III 100 62 Prairie Meadows Phase III 50 63 Satori Parkway 250 64 200 West 50 65 Bridges, The 300 66 East 116th Street & South Rangeline Road 250 67 32 Union 210 68 Lantern Commons 500 69 Redwood at Andover Phase II 83 70 Spring Mill Station 290 71 Union Crossing 270 72 Wood Wind 495 73 1301 East Washington Street 132 Total Prospective 4,010 a Berkshire Hathaway and Leucadia National company Lease-Up Under Construction Planned Prospective LEGEND 1 2 3 4 5 6 7 10 8 9 3Q17 Source: Yardi Matrix 5 mi 11 12 15 18 19 20 21 34 35 23 24 25 26 27 28 29 30 31 32 53 33 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 54 58 59 60 61 62 63 55 56 57 73 64 65 66 67 68 69 70 71 72
Transcript of Indianapolis New Construction & Proposed …Indianapolis New Construction & Proposed Multifamily...
Indianapolis New Construction & Proposed Multifamily Projects
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ID PROPERTY UNITS1 Camden Oakes 1102 Templeton Ridge 1223 Bella Vista Phase II 1344 Woodlands, The 935 Elmwood 966 Quarry at River North 1987 Avant 3058 Chatham Glen 929 Urban Station 5310 Woodbury Ridge 85
Total Lease-Up 1,28811 Residences at CityWay Phase II 40012 Penrose on Mass 23613 One North 22014 Millstone of Noblesville Phase II 10415 Park at Pulliam Square, The 33416 River House 8617 Ascent, The 30918 360 Market Square 30019 Forte 6420 Monon Lofts 14221 Vue, The 24522 Park 66 Flats Broad Ripple 108
Total Under Construction 2,54823 Schoolhouse Flats 5024 351 West 10th Street 28525 420 North Senate Avenue 40026 9 on Canal Phase II 21927 Ardmore, The 12628 Block 20 7029 Library Square 11130 21 West 6531 Prospect & Spruce 9432 Riverview 200
33 Tyler Phase II, The 214
34 St. John United Church of Christ Site Redevelopment 60
35 South Arlington Avenue 15336 Wilshaw 15037 Line - Urban Flats on the Monon, The 13638 Meridian - Kessler Site 10039 Fields at Franklin, The 14240 Green and Franklin Streets 22041 Mosaic 5042 Woodlands Phase II, The 7943 Harmony 25044 Main & Rangeline 5045 Midtown East 20046 Midtown West 16747 One One Six Phase II 8148 Proscenium, The 22449 Kirk Bend 34450 Millennium, The 50051 Trails, The 30052 Woodbury Ridge Phase II 5053 Bottleworks 33754 Villas at the Plaza 94
Total Planned 5,52155 East Market Street & East Street 6956 North East Street 6757 1024 - 1028 Virginia Avenue 74
58 7002 Westfield Blvd 10059 Links at 96th 38460 Oaktree Redevelopment 33661 Bluestone Phase III 10062 Prairie Meadows Phase III 5063 Satori Parkway 25064 200 West 5065 Bridges, The 300
66 East 116th Street & South Rangeline Road 250
67 32 Union 21068 Lantern Commons 50069 Redwood at Andover Phase II 8370 Spring Mill Station 29071 Union Crossing 27072 Wood Wind 49573 1301 East Washington Street 132
Total Prospective 4,010
a Berkshire Hathaway and Leucadia National company
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ID PROPERTY NAME ADDRESS CITY STATE ZIP OWNER NAME STATUS UNITS SUBMARKET PERMIT DATE FORECASTED COMPLETION DATE START OF RENT-UP
1 Camden Oakes 5618 East Stop 11 Road Indianapolis IN 46237 Redwood Living lease-up 110 Indianapolis - Franklin 01/01/2015 12/31/2018 07/01/2016
2 Templeton Ridge 4889 Webster Drive Noblesville IN 46062 Redwood Living lease-up 122 Westfield - Noblesville 11/01/2015 02/28/2018 05/01/2016
3 Bella Vista Phase II 10732 Bella Vista Drive Fishers IN 46038 Edward Rose & Sons lease-Up 134 Fishers 09/01/2015 12/31/2017 01/01/2017
4 Woodlands, The 5804 Hemlock Drive Whitestown IN 46075 Redwood Living lease-up 93 Lebanon 01/01/2015 11/30/2017 06/01/2015
5 Elmwood 2625 North State Road 267 Brownsburg IN 46112 Redwood Living lease-up 96 Plainfield/Brownsburg/Avon 04/01/2014 11/30/2017 08/01/2014
6 Quarry at River North 8901 River Crossing Blvd Indianapolis IN 46240 PK Partners lease-Up 198 Indianapolis - Washington east 07/28/2015 09/30/2017 07/01/2017
7 Avant 12890 Old Meridian Street Carmel IN 46032 Edward Rose & Sons lease-up 305 Carmel 12/28/2015 09/30/2017 12/15/2016
8 Chatham Glen 8034 East County Road 200 South Avon IN 46123 Redwood Living lease-up 92 09/01/2016 09/30/2017 12/01/2016
9 Urban Station 403 South Walnut Street Bloomington IN 47401 H.M. Mac Development & Construction lease-up 53 Bloomington - west 11/09/2016 09/30/2017 10/18/2016
10 Woodbury Ridge 1183 Hamilton Way Westfield IN 46074 Redwood Living lease-up 85 Westfield - Noblesville 11/01/2015 04/01/2016
TOTAL LEASE-UP 1,288
11 Residences at CityWay Phase II 229 South Delaware Street Indianapolis IN 46204 Buckingham Companies Under Construction 400 Indianapolis - Downtown 08/01/2017 09/30/2019
12 Penrose on Mass 502 Massachusetts Avenue Indianapolis IN 46204 J.C. Hart Company Under Construction 236 Indianapolis - Downtown 07/01/2017 12/31/2018
13 One North SEC North Street & Maple Street Fishers IN 46038 Hageman Group Under Construction 220 Fishers 02/01/2017 12/31/2018
14 Millstone of Noblesville Phase II 15001 Creekstone Way Noblesville IN 46060 Sheehan Development Under Construction 104 Westfield - Noblesville 07/01/2017 10/31/2018
15 Park at Pulliam Square, The 307 North Pennsylvania Street Indianapolis IN 46204 TWG Development Under Construction 334 Indianapolis - Downtown 02/20/2017 07/31/2018
16 River House 6311 East Westfield Blvd Indianapolis IN 46220 Morris, Todd Under Construction 86 Indianapolis - Washington east 07/01/2017 07/31/2018
17 Ascent, The 2471 Ascent Way Plainfield IN 46168 CRG Residential Under Construction 309 Plainfield/Brownsburg/Avon 11/01/2016 05/31/2018
18 360 Market Square 360 East Market Street Indianapolis IN 46204 Flaherty & Collins Properties Under Construction 300 Indianapolis - Downtown 02/15/2015 02/28/2018
19 Forte 1202 South Shelby Street Indianapolis IN 46203 Deylen Realty Under Construction 64 Indianapolis - Center 06/15/2016 01/31/2018
20 Monon Lofts 1102 East 16th Street Indianapolis IN 46202 TWG Development Under Construction 142 Indianapolis - Center 10/17/2016 12/31/2017
21 Vue, The 718 East Georgia Street Indianapolis IN 46202 Herman & Kittle Properties Under Construction 245 Indianapolis - Downtown 01/01/2016 10/31/2017
22 Park 66 Flats Broad Ripple 888 East 66th Street Indianapolis IN 46220 J.C. Hart Company Under Construction 108 Indianapolis - Washington east 08/23/2015 09/30/2017
TOTAL UNDER CONSTRUCTION 2,548
23 Schoolhouse Flats 338 South Arlington Avenue Indianapolis IN 46219 Core Redevelopment Planned 50
24 351 West 10th Street 351 West 10th Street Indianapolis IN 46202 Capstone Companies Planned 285 Indianapolis - Downtown
25 420 North Senate Avenue 420 North Senate Avenue Indianapolis IN 46204 Landmark Properties Planned 400 Indianapolis - Downtown
26 9 on Canal Phase II 335 West 9th Street Indianapolis IN 46202 Investment Property Advisors Planned 219 Indianapolis - Downtown
27 Ardmore, The North Delaware Street & East New York Street Indianapolis IN 46204 Deylen Realty Planned 126 Indianapolis - Downtown
28 Block 20 SWC East Michigan Street & East Street Indianapolis IN 46204 Chase Development Planned 70 Indianapolis - Downtown
29 Library Square 923 North Meridian Street Indianapolis IN 46204 Buckingham Companies Planned 111 Indianapolis - Downtown
30 21 West 21 West 16th Street Indianapolis IN 46202 Axia Urban Planned 65 Indianapolis - Center
31 Prospect & Spruce SWC East Prospect Street & Spruce Street Indianapolis IN 46203 Jackson, Carter Planned 94 Indianapolis - Center
32 Riverview SWC West Michigan Street & North White River Pkwy Indianapolis IN 46222 Strategic Capital Partners Planned 200 Indianapolis - Center
33 Tyler Phase II, The 1201 Indiana Avenue Indianapolis IN 46202 Candlebrook Properties Planned 214 Indianapolis - Center
34 St. John United Church of Christ Site Redevelopment 11000 East Washington Street Indianapolis IN 46229 TWG Development Planned 60 Indianapolis - Warren
35 South Arlington Avenue 8051 South Arlington Avenue Indianapolis IN 46237 M/I Homes Planned 153 Indianapolis - Franklin
36 Wilshaw SEC Crawfordsville Road & West 16th Street Indianapolis IN 46222 Scannell Properties Planned 150 Indianapolis - Wayne east
37 Line - Urban Flats on the Monon, The 6364 East Westfield Blvd Indianapolis IN 46220 J.C. Hart Company Planned 136 Indianapolis - Washington east
38 Meridian - Kessler Site 5858 North College Avenue Indianapolis IN 46220 Milhaus Development Planned 100 Indianapolis - Washington east
39 Fields at Franklin, The SWC North Franklin Road & East 42nd Street Indianapolis IN 46226 Becovic Management Group Planned 142 Indianapolis - Lawrence
40 Green and Franklin Streets North Green Street & East Franklin Street Brownsburg IN 46112 Scannell Properties Planned 220 Plainfield/Brownsburg/Avon
41 Mosaic SEC Dan Jones Road & East County Road 200 North Avon IN 46123 Herman & Kittle Properties Planned 50 Plainfield/Brownsburg/Avon
42 Woodlands Phase II, The 5804 Hemlock Drive Whitestown IN 46075 Redwood Living Planned 79 Lebanon
43 Harmony West 146th Street & Ditch Road Westfield IN 46074 T.M. Crowley Planned 250 Carmel
44 Main & Rangeline NEC West Main Street & North Rangeline Road Carmel IN 46032 TWG Development Planned 50 Carmel
45 Midtown East 526 South Range Line Road Carmel IN 46032 Old Town Design Group Planned 200 Carmel
46 Midtown West SWC 2nd Avenue SW & 2nd Street SW Carmel IN 46032 Barrett & Stokely Planned 167 Carmel
47 One One Six Phase II 760 Walkabout Circle North Carmel IN 46032 J.C. Hart Company Planned 81 Carmel
48 Proscenium, The 1212 South Rangeline Road Carmel IN 46032 Anderson Birkla Investment Partners Planned 224 Carmel
49 Kirk Bend East 146th Street & Hazel Dell Pkwy Noblesville IN 46062 Maefield Development Planned 344 Westfield - Noblesville
50 Millennium, The US Highway 31 & 176th Street Westfield IN 46074 Edge Rock Developments Planned 500 Westfield - Noblesville
Source: Yardi Matrix
Indianapolis New Construction & Proposed Multifamily Projects
Source: Yardi Matrix
ID PROPERTY NAME ADDRESS CITY STATE ZIP OWNER NAME STATUS UNITS SUBMARKET PERMIT DATE FORECASTED COMPLETION DATE START OF RENT-UP
51 Trails, The Monon Trail & Midland Trace Trail Westfield IN 46074 Edge Rock Developments Planned 300 Westfield - Noblesville
52 Woodbury Ridge Phase II 1183 Hamilton Way Westfield IN 46074 Redwood Living Planned 50 Westfield - Noblesville
53 Bottleworks 858 Massachusetts Avenue Indianapolis IN 46204 Hendricks Commercial Properties Planned 337 Indianapolis - Downtown
54 Villas at the Plaza 2110 East Southport Road Indianapolis IN 46227 Partnership for Affordable Housing Planned 94 Indianapolis - Perry east
TOTAL PLANNED 5,521
55 East Market Street & East Street SEC East Market Street & East Street Indianapolis IN 46204 Sheikh, Sibghat U. Prospective 69 Indianapolis - Downtown
56 North East Street 428 North East Street Indianapolis IN 46235 Athenaeum Foundation Prospective 67 Indianapolis - Downtown
57 1024 - 1028 Virginia Avenue 1024 Virginia Avenue Indianapolis IN 46203 Pearl Companies Prospective 74 Indianapolis - Center
58 7002 Westfield Blvd 7002 Westfield Blvd Indianapolis IN 46220 Onyx Partners Prospective 100 Indianapolis - Washington east
59 Links at 96th 1775 East 96th Street Indianapolis IN 46240 Herman & Kittle Properties Prospective 384 Indianapolis - Washington east
60 Oaktree Redevelopment 9012 Pinehurst Drive Indianapolis IN 46235 Dupeyron, Tracey Prospective 336 Indianapolis - Lawrence
61 Bluestone Phase III 210 Flagstone Drive Greenfield IN 46140 Lauth Prospective 100 Greenfield
62 Prairie Meadows Phase III 2915 Sweet Grass Lane Greenfield IN 46140 Pedcor Companies Prospective 50 Greenfield
63 Satori Parkway Satori Pkwy & East US Highway 36 Avon IN 46123 CRG Residential Prospective 250 Plainfield/Brownsburg/Avon
64 200 West 165 West Sycamore Street Zionsville IN 46077 Hanson-Slaff, Barbara Prospective 50 Zionsville
65 Bridges, The 11405 Spring Mill Road Carmel IN 46032 Gershman Partners Prospective 300 Carmel
66 East 116th Street & South Rangeline Road SWC East 116th Street & South Rangeline Road Carmel IN 46302 Kite Realty Prospective 250 Carmel
67 32 Union SWC Union Chapel Road & Pleasant Street Noblesville IN 46060 TWG Development Prospective 210 Westfield - Noblesville
68 Lantern Commons NEC East 161st Street & North Meridian Street Westfield IN 46074 Buckingham Companies Prospective 500 Westfield - Noblesville
69 Redwood at Andover Phase II 4001 Myra Way Westfield IN 46062 Redwood Living Prospective 83 Westfield - Noblesville
70 Spring Mill Station SWC Spring Mill Road & West 161st Street Westfield IN 46074 Edge Rock Developments Prospective 290 Westfield - Noblesville
71 Union Crossing SEC Union Chapel Road & East Conner Street Noblesville IN 46060 TWG Development Prospective 270 Westfield - Noblesville
72 Wood Wind SWC Towne Road & West 151st Street Westfield IN 46074 Pulte Group Prospective 495 Westfield - Noblesville
73 1301 East Washington Street 1301 East Washington Street Indianapolis IN 46202 TWG Development Prospective 132 Indianapolis - Center
TOTAL PROSPECTIVE 4,010
TOTAL INDIANAPOLIS 13,367
Indianapolis New Construction & Proposed Multifamily Projects
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