A joint venture between UIndy and Strategic Capital Partners, the 118-unit, 300-bed apartment complex at 1340 National Ave. marks the school’s continued role in the renaissance taking place on the Southside.
UIndy President Robert L. Manuel said the $20.5 million project is the latest example of the university’s Vision 2030 plan in action. The plan defines a growth strategy that includes more than $50 million in capital investment for the campus and surrounding area.
“Every time the university of Indianapolis grows, it radiates a wave of positive impact by extending our reach to deliver important city needs with programs and facilities,” he said.
Recent projects include Greyhound Village, a student apartment complex, and the Books & Brews Used Bookstore and Taproom.