Real Estate Development

Real Estate Development

CRG’s real estate development team is backed by decades of investment experience, design knowledge, and construction expertise. The team has collectively executed over $1 billion in transactions and delivered more than 5,000 units across the Midwest and beyond. We leverage CRG’s extensive history of managing complicated construction projects and executing complex real estate transactions as part of our long-term investment strategy of developing sustainable multifamily and mixed-use communities that not only inspire residents and enhance their surrounding environments, but also generate superior risk-adjusted returns for our investors. We create value for all stakeholders through collaborative planning, a thoughtful market-based approach to design, creative financial structuring, and an efficient development process.

Leadership

Christopher Reid

PRESIDENT

Dave Powers

CHIEF FINANCIAL OFFICER

David George

VP OF DEVELOPMENT

John Lassaux

DIRECTOR OF DEVELOPMENT

Ross Merder

DIRECTOR OF DEVELOPMENT

Tim Roberts

DIRECTOR OF PRE-CONSTRUCTION

Grant Chapman

DIRECTOR OF LEGAL & PARTNERSHIPS

Featured

Real Estate Projects

NICKEL PLATE STATION

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Description
CRG Residential has broken ground and construction is currently underway for the newest apartment community in downtown Fishers. Nickel Plate Station will contain 237 apartment homes, 10,500 square feet of retail space and a 337-space parking garage with public and private spaces. In addition to the two new apartment buildings, CRG will rehabilitate the historic buildings already in place along 116th Street and incorporate the original architecture into this new neighborhood. By blending the old structures with the new, CRG along with their partners on the project Browning Investments of Indianapolis hope to present a modernized upgrade while honoring the city’s foundations.
Location
Fishers, IN
Project Type & Details
  • 237 units
  • Expected completion date: 2022
  • Scope: New Construction, Development

ACADEMY ON 4TH APARTMENTS

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Description
The $37 million project in Newport, KY opened in the summer of 2020. CRG Residential took remnants of the existing Newport Academy, an old elementary school site, and has built a brand-new mixed-use development with 202 luxury apartments and 3,000 square feet of retail space. Residents will be able to enjoy living in walking distance to the lively downtown community of Newport and just across the river from Cincinnati. The modern apartments come with stainless steel appliances, granite countertops, private balconies, and a 206-space parking garage for convenience.
Location
Newport, KY
Project Type & Details
  • 202 units
  • Completed 2020
  • Scope: New Construction, Development

POST HOUSE COMMUNITY

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Description
Post House is a brand-new sustainable luxury community in the heart of Evansville that opened in June 2020. Not only are there 144 top-of-the-line apartments but the community is home to 16,000 square feet of retail space. The development offers a full slate of amenities including pool on the second floor, underground garage parking, pet spa, coffee bar, and fitness center. Residents will also be participating in a green technology initiative, including solar panels and units that are equipped with smart appliances, lighting, HVAC, water heaters and thermostats.
Location
Evansville, IN
Project Type & Details
  • 144 apartments
  • Completed 2020
  • Scope: New Construction, Development