"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

Mixed Use / Residential

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.

Mixed Use / Residential Project Spotlights

1761 E Walnut Street, Evansville, IN

86000 Sq. Ft.

A new student housing community for Freshman and Sophomores broke ground in May of 2021 on the campus of the University of Evansville. As the General Contractor Keystone is partnering with the University, as well as Developers -Servitas and Groundswell on the 86,000 Square Foot…

Carmel, Indiana

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…

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 has already completed construction of a public parking garage within the…

Butler University, Indianapolis, IN

370,000 Sq. Ft.

Keystone was selected by Butler University to design-build this new 6-story multi-purpose parking facility located between Clowes Memorial Hall and Hinkle Fieldhouse along Sunset Avenue. Keystone Construction served as the design-build contractor and provided construction management services including pre-construction, project management, and an on-site…