INDIANAPOLIS-Strategic Capital Partners LLC has teamed up with the city and other developers to create the 100-acre Avondale Meadows mixed-use project, which is expected to cost up to $200 million. The project is a redevelopment of a downtrodden, existing low-income housing site.

The Chicago-based firm recently broke ground on the first development at the site, a 248-unit apartment complex called East Village. The apartments are a joint venture of SCP, the Sterling Group, the Meadows Community Foundation and the city. Sterling was brought on because of the company’s experience with apartment housing, says Mike Higbee, managing director of SCP’s Urban Development Group.


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