UIndy to Begin Construction on $25M Student Housing Community in Indianapolis
- May 26, 2015
by Adriana Pop, Associate Editor
A four-story student housing complex will soon rise on the southeast corner of Shelby Street and National Avenue in Indianapolis.
In a joint venture partnership with local developer Gene Zink, the University of Indianapolis is planning to break ground on the $25 million project later this month.
Upon completion by July 2016, the upcoming development will create housing options for up to 480 students. It will feature 196 furnished apartments with kitchens, living areas, and washers and dryers, in a variety of floor plans ranging from one- to four-bedroom units, each with a private bath. The project’s general contractor is CRG Residential.
The new E-shaped brick building will replace the 60-unit campus apartment complex at Shelby Street and National Avenue which dates back to the 1950s, as well as several aging duplexes, all of which have the capacity of housing up to 175 students.
The building has been designed by Schmidt Associates and will include three wings that create a courtyard and recreation area. Some of the new units will have balconies and there will also be an outdoor deck overlooking a pond.
“This is a beautiful building that not only will enhance the neighborhood’s visual appeal, but also will help build residential density and attract new commercial development to serve the UIndy community as well as our neighbors and commuters,” UIndy President Robert Manuel said in a news release.
The university and Zink have also partnered to develop the four-story Health Pavilion on Hanna Avenue, which is scheduled to open in August. The building will serve as the new home for the university’s academic programs and clinical facilities.
The upcoming developments are part of the university’s campus and neighborhood development initiative, which will also include a major library renovation, expanded science labs, athletic facilities, as well as new personnel and programs.
Photo credits: University of Indianapolis