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New Project Downtown Indianapolis

August 11, 2011

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Milhaus Development, LLC is pleased to announce plans for a new mixed-use building in downtown Indianapolis. The project will redevelop the former Bureau of Motor Vehicles site at 531 Virginia Avenue, in the Holy Rosary and Fletcher Place Neighborhoods just southeast of the downtown core.

Today we filed plans with the City of Indianapolis for rezoning of the property to allow for a change in height. Our site plan and building elevations are shown below. We continue to refine the design and anticipate filing for Regional Center approval within the next 3-4 weeks. The project, with a name to released soon, will include a 4-story mixed-use building that includes 64 apartment units and approximately 1,670sf of ground floor commercial space. The site is in walking distance to major employers, cultural attractions, and sports facilities. Located directly along the new Cultural Trail Southeast Corridor, the building will be an ideal environment for residents who work downtown and value living in a unique cultural hub.

Milhaus has contracted with Blackline Studio to be architect of the project. Blackline has been active in the recent revitalization of the surrounding neighborhoods with other mixed-use projects such as The Hinge and Fletcher Place Terrace.

Civil and Environmental Consultants, Inc. (CEC) has been selected as the project engineer. With 13 offices employing over 350 people across the United States, CEC is a proven industry leader and its Indianapolis office has worked on several other Milhaus projects.

Ground-breaking is projected to be in the first quarter of 2012, with project completion by the fourth quarter of 2012.