Indianapolis, Indiana – The new corporate offices of Milhaus, a major multifamily developer, owner, and manager of Class-A residential and mixed-use communities, has been unveiled in downtown Indianapolis.
The 28,000 square feet on two of the three floors of the 48,000 square foot building, which is situated in the famed Cole-Noble area and has plenty of opportunity for growth, will be used for business.
“It’s exciting to be able to call Mile Square ‘home’ again,” Founder and CEO Tadd Miller said in a release. “Our first office was on the 17th floor of Regions Tower thanks to the generosity of Wooden McLaughlin. As we grew, we moved to the Maxwell Apartments and then Virginia Avenue in 2015. Our recent explosive growth put us over 200 employees across the country, and I’m proud that Milhaus can continue to play a part in downtown Indy’s economy.”
According to recent estimates, Milhaus’ downtown Indianapolis locations provide more than $269 million annually to the local economy. The overall economic impact of development in central Indiana surpasses $472 million. Milhaus is still making investments in Indianapolis. In May, construction on Versa, a project it is working on alongside Citimark, Gershman Partners, and others, began in Broad Ripple.
With assets under control of $1.9 billion, Milhaus has created 48 projects in total. Milhaus was named 16th on the Top Multifamily Development Firms list by Multi-Housing News for 2022.
Due to its effectiveness in providing accredited investors with income-producing, inflation-protected, tax-incentivized real estate investment possibilities, the company has also been ranked among the top 5% of Qualified Opportunity Zone managers in the nation.
Additionally, Milhaus maintains regional offices in Kansas City and Austin, Texas, as well as other locations in Florida and Denver.
