"I commend the development team on their foresight to bring in private funds to ensure their vision became a reality: providing smartly designed, affordable housing options for the residents of Indianapolis."

- Lt. Governor Sue Ellspermann

Multi-Family & Mixed Use

16 Park Apartments

1621 N. Park Avenue, Indianapolis, IN

230,100 Sq. Ft.

Keystone Construction was selected by the Indianapolis Housing Agency to serve as Construction Manager for 16 Park, a mixed income apartment complex located on the old north side of downtown Indianapolis. This $34 million redevelopment replaced the 35-year-old Caravelle Commons housing cooperative with 155, 1-4 bedroom apartments.

Both vacant and occupied buildings were renovated which required the former structure to be demolished in phases. As the 16 Park units were finished, existing residents were relocated on the site, so that the old buildings could be torn down. This unique situation provided our construction team the opportunity to utilize their project management expertise by applying various approaches and techniques.

The first phase of 16 Park was completed in 2011 when it opened its first 29 apartments.

Multi-Family & Mixed Use Project Spotlights

Carmel, Indiana

256,850 Sq. Ft.

The Olivia on Main Luxury Residences & Shoppes is located on the southwest corner of Main and Old Meridian Streets in Carmel, Indiana and just one mile from the Monon Trail, North Meridian Office Corridor, The Palladium at the Center for Performing Arts, and…

Indianapolis, IN

555,453 Sq. Ft.

220 North Meridian Street Tower is a 555,453-square-foot commercial tower in downtown Indianapolis.  The acquisition of this site paves the way for unique mixed-use development in one of Indianapolis’ eight downtown towers.

Keystone Realty Group is proposing extensive renovation to the nearly vacant building into a…

Carmel, IN

114,000 Sq. Ft.

Wentworth is a 186-unit apartment condo community.  The property includes spacious interiors with one, two, and three bedroom floorplans.

Keystone Construction will manage all the renovations and oversee property upgrades that match the luxurious design elements within The Olivia, Sophia Square, and other premier properties within Keystone…

Indianapolis, IN

260,000 Sq. Ft.

Keystone Construction is serving as the construction manager for Alexander at the Crossing.  Located on the northwest corner of Keystone Avenue and 86th Street, the Alexander at the Crossing development is 15.94 acres. It will include a two-story mixed-use building with about 27,000 square feet of ground floor retail,…