"Keystone has shown great understanding of the unique challenges of working with a quasi-governmental agency such as ours. They worked with the CRC to proactively find creative financing solutions under strict time constraints. With that said, Keystone has consistently delivered projects on time and within budget."

- Carmel Redevelopment Commission

Multi-Family & Mixed Use

Sophia Square Apartments, Shoppes & Garage

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 structure contains retail space on the first floor, luxury apartments on the main & upper four floors, and a two-story underground parking garage. Some of Sophia Square’s retail tenants include Main Street Poke, The Pint Room, and Vitality Bowl.

The challenge of this project was integrating a design that would meld the historic flavor of downtown Carmel while utilizing modern amenities. The project is registered to receive LEED Silver Certification and uses a number of energy saving details including above standard insulation, green roof areas, water saving fixtures, and regionally produced materials.

Keystone served in dual roles by incorporating construction management and development. Keystone Realty Group is the permanent property manager.

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,…