Astor -1
Indianapolis, IN 46222
White River Parkway · Land For Sale
·
3.60 AC
Investment Highlights
- Four acre, unimproved parcel allowing for development of institutionally-sized multifamily or student housing with ample parking
- Qualified Opportunity Zone
- Located within 2 miles of Lucas Oil Stadium, Monument Circle, Bankers Life Fieldhouse, White River State Park, restaurants and entertainment venues
- Exceptionally walkable site located in a vibrant urban neighborhood with breathtaking riverfront views of Downtown Indianapolis
- Adjacent to IUPUI, where nearly 30,000 undergraduate and graduate students are enrolled
Property Facts
| Property Type | Land | Proposed Use | Apartment Units |
| Property Subtype | Commercial | Total Lot Size | 3.60 AC |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 3.60 AC |
Description
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.
