Indianapolis Developer Pursuing $125 Million Downtown Apartment Plan

Crossroads

An Indianapolis developer with local roots is planning to build three separate downtown apartment projects totaling 661 units in the Quality Hill and West Crossroads areas. Jim Thomas, a partner with Cityscape Residential who grew up in Raytown, wants to enter the urban market in a big way with an investment in new apartment construction totaling $125 million. If his development plan rolls out as proposed, it would be almost twice the investment planned by the Cordish Co. in its Continue Reading