0
Units Under Construction
3,849 units under construction in the Indianapolis Q3 2026 Pipeline Report
0
In Pre-Lease / Lease Up Phase
5,434 in pre-lease / lease up phase in the Indianapolis Q3 2026 Pipeline Report
0
Units Planned
5,304 units planned in the Indianapolis Q3 2026 Pipeline Report
Pipeline Data
| Property Name | Address | City | State | ZIP | Units | Status | Forecasted Completion |
|---|---|---|---|---|---|---|---|
| Property Name | Address | City | State | ZIP | Units | Status | Forecasted Completion |
|---|---|---|---|---|---|---|---|
| Monon 32 | 1120 East 32nd Street | Indianapolis | IN | 46205 | 223 | Pre-Lease / Lease Up | Apr 2025 |
| BroadAcre | 5871 BroadAcre Dr | McCordsville | IN | 46055 | 256 | Pre-Lease / Lease Up | Aug 2025 |
| Versa | 6220 Guilford Ave | Indianapolis | IN | 46220 | 233 | Pre-Lease / Lease Up | Aug 2025 |
| The Jacob Apartments | 2110 E Southport Rd | Indianapolis | IN | 46227 | 93 | Pre-Lease / Lease Up | Aug 2025 |
| Mural Brownsburg | 5942 Bristlecone Dr | Brownsburg | IN | 46112 | 164 | Pre-Lease / Lease Up | Sep 2025 |
| Woods of West Carmel | 11335 N Michigan Rd | Zionsville | IN | 46077 | 238 | Pre-Lease / Lease Up | Sep 2025 |
| Kensington Gardens | 7298 Kensington Way | McCordsville | IN | 46055 | 128 | Pre-Lease / Lease Up | Nov 2025 |
| Allure Apartments | 450 Allure Cir | Whiteland | IN | 46184 | 288 | Pre-Lease / Lease Up | Dec 2025 |
| Foundry at Heartland Crossing | 8396 E Gunnoah Way | Camby | IN | 46113 | 228 | Pre-Lease / Lease Up | Dec 2025 |
| Redwood Whiteland | 36 D Redtrunk Lane | Whiteland | IN | 46184 | 154 | Pre-Lease / Lease Up | Dec 2025 |
| Wild Air Landing | 8476 Archer Dr | Zionsville | IN | 46077 | 289 | Pre-Lease / Lease Up | Jan 2026 |
| Crossing 5 Towns & Flats | 2514 Grand Central Blvd E | Plainfield | IN | 46168 | 315 | Pre-Lease / Lease Up | Feb 2026 |
| Hyde Park | 13957 Royal Park Dr | Noblesville | IN | 46060 | 358 | Pre-Lease / Lease Up | Apr 2026 |
| Whitman Villas | 1801 Walt Whitman Dr | Greenfield | IN | 46140 | 108 | Pre-Lease / Lease Up | Apr 2026 |
| Portrait Midtown | 400 Industrial Dr | Carmel | IN | 46032 | 244 | Pre-Lease / Lease Up | May 2026 |
| LEO at Carmel | 14565 James Dean Dr | Carmel | IN | 46033 | 350 | Pre-Lease / Lease Up | May 2026 |
| 220 Meridian Phase II | 220 North Meridian Street | Indianapolis | IN | 46204 | 57 | Pre-Lease / Lease Up | Jun 2026 |
| Enclave Park 100 | 5802 W 71st St | Indianapolis | IN | 46278 | 96 | Pre-Lease / Lease Up | Jul 2026 |
| Cole Motor Campus | 745 East Market Street | Indianapolis | IN | 46202 | 213 | Pre-Lease / Lease Up | Aug 2026 |
| Ingalls Flats | 1200 Commerce Dr | Pendleton | IN | 46064 | 240 | Pre-Lease / Lease Up | Aug 2026 |
| Cole Motors North Redevelopment | 752 E Market St | Indianapolis | IN | 46202 | 213 | Pre-Lease / Lease Up | Aug 2026 |
| The Solstice | 6270 Oberon Vis | Whitestown | IN | 46075 | 288 | Pre-Lease / Lease Up | Aug 2026 |
| The Row | 2145 Winthrop Ave | Indianapolis | IN | 46202 | 111 | Pre-Lease / Lease Up | Aug 2026 |
| The Arley Apartments | 14956 Eaves Way | Noblesville | IN | 46062 | 278 | Pre-Lease / Lease Up | Aug 2026 |
| The Michelle | 6980 West Kilgore Avenue | Yorktown | IN | 47396 | 90 | Pre-Lease / Lease Up | Sep 2026 |
| Pembroke Place | 130 E Washington St | Indianapolis | IN | 46204 | 179 | Pre-Lease / Lease Up | Sep 2026 |
| Prairie Chase Phase II | 2485 Good Drive | Whitestown | IN | 46075 | 96 | Under Construction | Oct 2026 |
| The Benjamin | 5611 Lawrence Village Pkwy | Lawrence | IN | 46216 | 220 | Under Construction | Oct 2026 |
| CityWalk on Nickel Plate Trail | 8803 E 121st St | Fishers | IN | 46038 | 234 | Under Construction | Oct 2026 |
| The Union Flats | 11433 Union St | Fishers | IN | 46037 | 251 | Under Construction | Oct 2026 |
| Avanza at Hyde Park | 13879 Brightside Pl | Noblesville | IN | 46060 | 237 | Under Construction | Nov 2026 |
| Ambrose On Main | 402 E. Main Street | Westfield | IN | 46074 | 87 | Under Construction | Nov 2026 |
| Empire Village at Chatham Hills | 19298 Chad Hittle Dr | Westfield | IN | 46074 | 168 | Under Construction | Nov 2026 |
| Silver Collection at Saxony | 13450 Dockside Dr | Fishers | IN | 46037 | 362 | Under Construction | Nov 2026 |
| Icon on Main | 1017 W Main St | Carmel | IN | 46032 | 266 | Under Construction | Dec 2026 |
| Monon Square North | 620 S Rangeline Rd | Carmel | IN | 46032 | 248 | Under Construction | Dec 2026 |
| The Crossing at Fishers District | 9279 Carnelian Dr | Fishers | IN | 46037 | 250 | Under Construction | Jan 2027 |
| Elevate Keystone | 8468 Union Chapel Rd | Indianapolis | IN | 46240 | 84 | Under Construction | Mar 2027 |
| 8253 Harcourt Rd | 8253 Harcourt Rd | Indianapolis | IN | 46260 | 148 | Under Construction | May 2027 |
| New Palestine | South 600 West & US Highway 52 | New Palestine | IN | 46163 | 282 | Under Construction | Jun 2027 |
| Easton Grey | 5918 Rockville Road | Avon | IN | 46123 | 100 | Under Construction | Nov 2027 |
| The Post | 3601 North Morton Street | Franklin | IN | 46131 | 288 | Under Construction | Nov 2027 |
| Grand on Main | 219-219 W Main St | Carmel | IN | 46074 | 216 | Under Construction | Dec 2027 |
| Palladium | 3601 US Highway 31 South | Franklin | IN | 46131 | 312 | Under Construction | May 2028 |
| 408 North Delaware Street | 408 North Delaware Street | Indianapolis | IN | 46204 | 256 | Planned | — |
| LINK | 921 Virginia Avenue | Indianapolis | IN | 46203 | 206 | Planned | — |
| Marko on the Canal | 6280 North College Avenue | Indianapolis | IN | 46220 | 69 | Planned | — |
| Progress Pkwy & Highpointe Blvd | Progress Pkwy & Highpointe Blvd | Shelbyville | IN | 46176 | 300 | Planned | — |
| Redwood | Hurricane Road& Upper Shelbyville Road | Franklin | IN | 46131 | 156 | Planned | — |
| Peabody | East 450 South & 575 East | Whitestown | IN | 46075 | 87 | Planned | — |
| West 99th Street & Michigan Avenue | West 99th Street & Michigan Avenue | Carmel | IN | 46032 | 360 | Planned | — |
| TTRES | USA Drive & USA Pkwy | Fishers | IN | 46037 | 272 | Planned | — |
| Midland Pointe | 5890 Midland Pointe Blvd | Noblesville | IN | 46062 | 256 | Planned | — |
| Morse Village | East 206th Street & Hague Drive | Noblesville | IN | 46062 | 650 | Planned | — |
| Park and Poplar | Park Street & Westfield Blvd | Westfield | IN | 46074 | 247 | Planned | — |
| Parkside at Finch Creek Area D | NEC East 156th Street & Boden Road | Noblesville | IN | 46060 | 495 | Planned | — |
| The Trails of Westfield | 801 East 175th Street | Westfield | IN | 46074 | 223 | Planned | — |
| Ironwood | 200 South Broadway Street | Greensburg | IN | 47240 | 88 | Planned | — |
| Berkley Road & West Blvd | Berkley Road & West Blvd | Kokomo | IN | 46902 | 216 | Planned | — |
| Mirae Trails | County Road East 100 North & Reed Road | Kokomo | IN | 46901 | 560 | Planned | — |
| Gold Building | 151 East Ohio Street | Indianapolis | IN | 46204 | 354 | Planned | — |
| The Granary | 699 South 9th Street | Noblesville | IN | 46060 | 225 | Planned | — |
| Vita of Westfield | 17748 Spring Mill Road | Westfield | IN | 46074 | 164 | Planned | — |
| Ten20 North | 921 Jackson Street | Columbus | IN | 47201 | 120 | Planned | — |
Note on Pipeline Coverage
For clarity, this report does not track prospective/proposed developments. The volume of early-stage proposals continues to expand and often lacks sufficient detail, timeline certainty, or likelihood of delivery to provide reliable insight.
Instead, our focus remains on projects that have advanced further in the development cycle—specifically those under construction, and in the planning stages. This ensures the pipeline data reflects projects with higher execution probability and more direct implications for market supply.
Disclaimer: The property data depicted in our reports is sourced from third-party providers and government sources. MMG does not directly collect or track this information. Due to the nature of external data collection, some properties may be omitted, which is beyond our control. Furthermore, the pipeline dataset was assembled on 8/19/2026, and changes in project statuses or new additions to the pipeline may not be reflected by the time of publication. While we strive to provide actionable and useful data, we do not guarantee its completeness. Clients are advised to verify all property details independently.
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