"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
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
256,850 Sq. Ft.
The Olivia Luxury Residences & Shoppes is located on the southwest corner of Main and Old Meridian Streets in Carmel, Indiana and within walking distance from the Monon Trail, North Meridian Office Corridor, The Palladium at the Center for Performing Arts, and Carmel’s downtown…
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…
110 Main Street, Carmel, IN
445,147 Sq. Ft.
Sophia Square, a 214-unit luxury apartment community, is a public/private partnership between Keystone Realty Group and the City of Carmel. It encompasses an entire city block in downtown Carmel, Indiana.
Keystone Construction broke ground on Sophia Square in fall of 2008 and completed construction in 2011. This five-story mixed-use…
333 Massachusetts Ave, Indianapolis, IN
208,000 Sq. Ft.
3 Mass Condos is a 12-story, 208,000 square foot mixed-use structure.
The development includes retail space on the first floor, condominiums on the top nine floors, and two floors of underground parking. Keystone Construction implemented several sustainable features, most notably, a green roof. During the…