2004-05 - The development of Penn Square. Penn Square is located Indianapolis' Near North Side in an emerging development intermixed with new construction and restored historic homes. With Penn Square, Abodes is joining the exciting and successful urban renaissance of Fall Creek Place in Indianapolis. On peaceful Pennsylvania Street just one block east of Meridian, Penn Square's twenty-six condominiums are crafted for the urban dweller that seeks style, security, prestige and, above all, the pride of owning a home. The charming neighborhood featuring new sidewalks and parks, and is within two miles from the heart of downtown Indianapolis.

This development marks a departure for Abodes from the rental market into the 'for sale' arena. The open loft, carriage, and townhouse plans offer flexible living spaces. Every home is complete with garage, walk-in closets, solid cherry cabinets, ceramic tile kitchen and entry, stainless steel appliances, and five-foot garden bathtubs. For safety and peace of mind, Penn Square has gated, controlled access to the property. Additional amenities available include window seats, cathedral ceilings, a full bathroom for guests, expansive private balconies and patios as well as extra storage spaces.

Stylish and functional, Penn Square offers a rare opportunity to own a home at a far more affordable price than its amenities and location would imply. Construction and all sales were completed within 11 months. Construction financing provided by Irwin Union.

2003 - The development of the second phase of the Latimer Farm project, The Grove at Latimer. An upscale community of 32 three-bedroom master suites and 8 two-bedroom apartments, The Grove is located adjacent to The Woods at Latimer. Oversized covered balconies and patios offer impressive views of the ten-acre Latimer Nature Preserve as well as the central rose garden and built-in brick benches on the property. The brick and split block exteriors, with accents of siding and extra-wide trim work, feature unusual details such as built-in seating at each entry. This is complemented by a landscape that is treated as an 'exterior room', replete with rock gardens and grassy terraces where natural seating areas are maximized. The interior design of The Grove, incorporating the latest trends and techniques into the multi master suite concept, creates a youthful and vibrant atmosphere. An especially upbeat color scheme in the common areas and hallways, combined with an innovative treatment of colorized concrete on the flooring, serve to make the entries a conversation piece. The interiors, modern-retro in flavor, feature corrugated galvanized metal accents contrasted with hand-crafted cherry and maple cabinetry and include eye-catching pendant lights over the prominent breakfast bar in every apartment home.  The Grove at Latimer received the 2004 Prodigy Award, best in the state of Indiana for Landscaping. Construction financing provided by Monroe Bank, permanent Financing was provided by JP Morgan Chase.

2000-01 - The development of The Woods at Latimer Fine Apartment Homes, Phase I of a multi-phase project on 32 acres originally known as the Latimer Farm. Located across the street from L.S. Ayres and the College Mall, this community of 78- one-bedroom luxury apartments is surprisingly removed from the bustle of a busy college town yet within walking distance of the area’s finest shopping and restaurants. The property is highly landscaped to reflect the beauty of the surrounding 10-acre nature preserve, The Latimer Woods, thus creating a restful haven for its residents. These apartment homes feature many upscale interior amenities such as: tiled, private entrances, handcrafted solid cherry cabinets, six-foot garden tubs, nine-foot and cathedral ceilings, attached garages, and a high-speed Internet connection to every room. The Woods at Latimer has been a great success from the beginning, with an occupancy rate of 98% and in 2001 received three Prodigy Awards, best in the state of Indiana for: Landscaping, One Bedroom Floor Plan Design, and Exterior Signage. Construction financing provided by Monroe Bank, permanent Financing was provided by JP Morgan Chase.

1996-99 - The Fields Apartment Homes, a 285-unit luxury apartment community located on 63 acres of rolling pasture land less than two miles from Indiana University. The property includes fish and lily ponds, a wooded hillside, and a historic 1870’s cabin, as well as the technological support our audience demands: digital satellite connections, multiple telephone lines, and a direct T-1 Internet connection to every apartment home. There is a resort-style pool with a waterfall, island, and underwater seating as well as a lap and wading pool, fully equipped fitness center, and a nine-acre nature conservancy. Care was taken to preserve the existing brick barn buildings and outbuildings of the original farm, including the renovation of a 20,000-square-foot barn to house the leasing center and clubhouse as well as the Abodes corporate offices. Abodes has gone outside-the-box in the planning of this apartment community; successfully incorporating into the mix of one, two, and three-bedroom apartments, a set of custom single family homes for lease as well as a triplex of executive apartment homes with 20-foot vaulted ceilings, double bay windows, attached two-car garages, and a glass wall of windows overlooking the lily pond and wooded hillside-our most prestigious address. Just under a half a million square feet, the project was financed during construction with construction loans by area banks; permanent financing was provided by Heller and JP Morgan.

1995 - Purchase of Stonehenge Apartments at 909 West First Street in Bloomington, Indiana. A 24-unit complex built in the early 1970’s, Abodes did a major renovation of all the units and turned the building around, increasing the rents 33% while at the same time bringing occupancy up to 100%.

1995 - Affordable Housing project at Miller Drive and Highland Avenue. In conjunction with the City of Bloomington Redevelopment Department, through the HOME program (which is funded by HUD and administered locally) Abodes built six single family homes on as many lots just north of the YMCA and south of the Tarzian estate. These homes are owned and managed by Abodes under the federal low income housing guidelines, which prescribe that all tenants must earn less than 60% of county median income and the rents must not exceed those set by HUD. This is expected to be a non-profitable “break even” proposition for Abodes. We were determined to offer something concrete to help solve a community problem. Our concept focused on removing the stigma of “affordable” homes through the combination of cost efficient building techniques with creative aesthetics, resulting in small yet charming domiciles, rather than the usual “ghetto-like” complexes so often seen.

1995 - Complete renovation of the “Ben Franklin” building on the northwest corner of the Courthouse Square in Bloomington, Indiana. The 9,000-square-foot main level now houses two commercial businesses, while the second floor was renovated into 6 unique and one of a kind residential condominium-type apartments. The entire project consists of 27,000 square feet and qualified for federal and state historical tax credits for the renovation work. Abodes handled the plan layouts, historical applications, demolition, construction, leasing, and ongoing property management of the project. This building was successfully placed on the National Register of Historic Places—Abodes’ second successful NRHP on the Bloomington Square.

1994 - Construction of The Arbors, an ecologically themed 24 condominium apartment complex in four buildings. This project is less than one half mile from the College Mall shopping area, yet on a very heavily wooded four-acre lot complete with natural streams. A total of 30,000 square feet, the project was financed during construction with lines of credit; permanent financing was provided by Irwin Union Bank.

1993 - Construction of Woodlawn Crossing, a 28-unit condominium apartment complex on two acres at the intersection of Hillside and Woodlawn. A mix of one-bedroom and two-bedroom flats, and two-bedroom townhouses, there are four buildings plus a resident manager’s house on the grounds. A total of 30,000 square feet, the project was financed during construction by Bloomfield State Bank with permanent financing provided by First United Bank.

1992 - Construction of Cedar Grove, a townhouse condominium apartment complex. A combination of two and three bedroom units, totaling 16,000 square feet, the project was financed by Bloomfield State Bank.

1988-89 - Construction of The Devonshire Equestrian Center a boarding, riding, and training facility with a state-wide reputation. The Center includes a 40-horse stable, Olympic-size indoor riding arena, three outdoor riding arenas, pasturage, riding trails, lounge and stable master’s house. Modeled after the famous Equestrian Centers of Kentucky and particularly of the Lexington area, Devonshire is unique in Southern Indiana. Under roof is over 15,000 square feet, including 3,000 square feet of finished lounges and grooms housing. Abodes operated this facility from 1989-1998.

1987-91 - Development of the Devonshire and Devonshire South subdivisions in an idyllic pastoral setting on Bloomington’s east side. Heavily wooded forests surrounded a number of open fields that were farmed; the lots were arranged so that all of the homes open onto wooded areas in the back, yet are clear and flat in front for building site usage. A total of 80 lots varying from 1.2 to 5 acres, Devonshire is the most prestigious Bloomington address, with average home prices in the $400,000 to $500,000 range. The lots initially sold in the mid $30,000 price range and those sold in 1994, went for more than $47,000. Less than two miles from the Indiana University campus, Devonshire retains all the advantages of being convenient to town yet “in the country”. The cobbled entry with Brown County stone entry gates and a carriage house roofed with solid copper gables, divided roads with graceful locust trees in the median, and the large horse pastures of the elegant Equestrian Center adjacent to the subdivision, all combine to create an impression that proved immensely popular with the town’s elite. Initial residents included the Deans of the School of Journalism and the School of Business, Steve Huse of the Huse Food Group, and numerous doctors and professors of standing. The project was funded by what is now the PNC Bank of Louisville, with a line of credit of $500,000. The last lots sold in 1998.

1987 - Purchase and renovation of 105 North College Avenue (the old Kresge building) on the Courthouse Square, with the addition of a completely new facade. At the time of purchase the building was vacant and in disrepair. Abodes completed extensive repairs and negotiated with The Viewpoint, a locally owned gift and book store in the College Mall, who became the main ground level tenant. The building is 4,000 square feet.

1987 - Construction of Walnut Center, a commercial condominium project on Walnut Street at the intersection with Third Street, one block south of the parking garage. Bloomington’s first office condominium project, this entailed a complete reconstruction of an old automobile dealership with an adjacent vacant lot. The vacant lot was used for private parking for the project, and the building—consisting of 15,000 square feet—on one and a half stories, was divided into eight individual condominium units. Early owners were a real estate company, (REMAX, which owns three units), two attorneys offices, a real estate appraiser, and an insurance company. The building was financed by lines of credit with local banks.

1986 - Construction of Town Manor Condominiums in downtown Bloomington. 12 condominium units including three commercial spaces and four two-story units with roof top terraces were built on the back portion of the Princess Theatre lot. Providing the first exclusive condominiums directly on the Courthouse Square, Town Manor was instantly and immensely popular. The condominiums are built around a European courtyard, complete with overhanging balconies and bubbling fountains around a naturally landscaped rock garden. The total square footage of the project was 15,000, and the retail sell out value was $1,200,000. The project was completely financed with lines of credit extended by two local bankers, Andy Rogers at Bloomington National Bank (now Citizens Bank) and Steve Armstrong at Bloomfield State Bank. All units were pre-sold before and during construction.

1985 - Renovation of the Princess Theatre at 204-206 North Walnut Street, one half block north of the Courthouse Square. Originally built in the 1890’s, the Theatre required complete gutting of the interior; there were even bulldozers inside the building to re-excavate the basement and foundation. What remained was the terra cotta facade—the only one in Bloomington—and the roof, making this, essentially, a new building. The second floor was made into three custom-finished, high-end apartments, with an Italian restaurant locating in the two lower levels. We successfully had the building placed on the National Register of Historical Buildings, just the second building in Bloomington to obtain this status. The building is 8,000 square feet, and the upstairs apartments have never had any vacancy; there has been a waiting list of more than two years for these unique residential units.

1985 - Development of Henderson Crossing on a 1.2 acre site at the intersection of Atwater and Third Street. This in-fill development required the razing of two obsolete houses, the renovation of two salvageable houses including a Victorian three- story Queen Anne, and construction of 16 new two-bedroom condominium rental units in two three-story buildings. Located across the street from the Indiana University Law School, this complex has been at 100% occupancy since the day it was built, at the highest per-square-foot rental rates in the area, which is attributable to both its location and the unique and upscale floor plan.

1984 - Purchase of the building on the corner of North Walnut and 6th Street. Built in 1847, this represents the oldest building on the Courthouse Square. Renovations required substantial structural rehabilitation with completely new HVAC, plumbing, electrical, roofing, and all new interior walls. The building is 7,500 square feet.

1982-84 - Construction of The Woodlands, 66 condominium townhouse units in 14 three- story buildings, in Bloomington, Indiana, ranging from 1,700 to 2,200 square feet each. The condos, loosely designed after the style of a Bavarian Alpine village, are situated high on a ridge above Jackson Creek and Childs Elementary School, surrounded by woods yet only one mile from the College Mall shopping center. In the interior of this 12-acre site a small lake with waterfall and fountain was created. The total sell out value of the project was $6,000,000. Built in three phases over two years, the project was funded entirely by the original investor capitalization of $1,200,000 and income from sales during construction.

1978-81 - Construction of Pine Ridge Condominiums in Breckenridge, Colorado. Situated at 9,000 feet in the Colorado Rocky Mountains, Breckenridge was originally a Victorian mining town; now, it is a year round resort, one of the major ski areas in Summit County, along with Vail and Keystone. The project consists of 100 condominiums bordering the ski slope, with ski-in-ski-out access. The project was designed by Skidmore, Owens & Merill. Construction financing was provided by Manufacturers Hanover. With $400,000 raised in a SEC registered syndicated “D” corporation, we had a credit line with Hanover of $2,500,000. Forward permanent take-out commitments were provided by Norwest and another local Denver bank. The total sell out value of the project was $17,500,000.

1977 - Purchase and renovation of 120 North Walnut Street, a building on the Courthouse Square in Bloomington, Indiana. The retail tenant for many years, Perennial Designs, Inc., was a women’s clothing and imported gift store, which was owned by the principals of Abodes and managed by Lynn Pollack until 1997, when it was sold. The building is 4,500 square feet laid out on four split levels. Renovations were designed to preserve and enhance the building’s Spanish-Moorish architectural style.