Riverfront Flats at Stringtown

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Project Category: Substantial Improvement Property

  • Summary

    Riverfront Flats is an unimproved parcel of approximately four acres in Downtown Indianapolis, allowing for an institutionally-sized multifamily or student development and ample parking.

  • Details
    Project Qualification: Substantial Improvement Property
    Real Estate: Residential
    Project Control: We own all the key property
    Timeline: 90-180 days
     Address: 1441 Saulcy St Indianapolis Indiana 46222 United States
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  • Project Narrative
    Project Narrative:

    Colliers International is pleased to present Riverfront Flats at Stringtown, an exceptional development opportunity located in Downtown Indianapolis, and within a Qualified Opportunity Zone. Riverfront Flats is an unimproved parcel of approximately four acres, allowing for an institutionally-sized multifamily or student development and ample parking. This is truly the only available development opportunity of this size that boasts river views, proximity to downtown, as well as the benefits of a Qualified Opportunity Zone.

    Riverfront Flats is less than one mile from Indiana University–Purdue University Indianapolis (IUPUI), which boasts more than 30,000 students. Downtown employers such as Salesforce, Rolls Royce, IU Health, and Cummins are located less than 10 minutes from the property, as well as Fortune 500 companies: Anthem, Simon Property Group and Eli Lilly.