Publications

Transactions - OCTOBER 15, 2021

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Argosy Real Estate Partners acquires site for multifamily development

by Released

Argosy Real Estate Partners has acquired a fully entitled site of approximately three acres in Indianapolis for the ground-up development of Rise on Meridian, a 269-unit multifamily community with 3,500 square feet of ground-floor retail.

The project is located in the Old Southside neighborhood of downtown Indianapolis within several blocks of Eli Lilly’s (Fortune 500, NYSE: LLY) urban campus and corporate headquarters, and Lucas Oil Stadium (home of the Colts NFL franchise).

The development will consist of a six-story building (five levels of wood-frame construction on top of a one-level concrete-podium-garage structure) with an adjacent surface parking lot. The project will feature a mix of studio, one-bedroom and two-bedroom units. Amenities will include a fitness center, lounge, bicycle-storage space, dog park, co-working space, barbecue stations, courtyard and second-story communal balcony. The project will have both garage and surface parking available.

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.