Garden apartments · Indiana
Lockefield Gardens
22-acre former public housing site now built as IUPUI-affiliated apartments; no current occupancy data, but nearby closed mall context and $227k ZHVI available. · summary, model-written
Solid = from the authors' map · outlined = public source · dashed = model-written, not yet reviewed by a person. Tap any value's source label to see where it came from. documented = a quoted excerpt (click to read it) · reported = a source named, no excerpt yet · no source.
Site profile7 elements · what this retrofit is built with · tap a chip for the evidence
3+ other atlas sites within 10 km
This site: 4 within 10 km computed · all sites with this30,000+ vehicles a day on an adjacent road
This site: 31,787 on M L KING JR ST fhwa-hpms · all sites with thisRedeveloped
This site: The area now serves as an apartment complex on the IUPUI university campus, although urban professionals are invited to live there as well. record · all sites with thisReinhabited
This site: The area now serves as an apartment complex on the IUPUI university campus, although urban professionals are invited to live there as well. record · all sites with thisEducation
This site: The area now serves as an apartment complex on the IUPUI university campus, although urban professionals are invited to live th newtypes-extraction · all sites with thisHousing
This site: The area now serves as an apartment complex on the IUPUI university campus, although urban prof newtypes-extraction · all sites with thisMixed use
This site: …new_use field newtypes-extraction · all sites with thisNow
| Status | Retrofit builtWikipedia no source |
|---|---|
| Strategy | Redeveloped · ReinhabitedWikipedia no source |
| New uses | housing, mixedWikipedia no source |
| What is there now | The area now serves as an apartment complex on the IUPUI university campus, although urban professionals are invited to live there as well.newtypes-extraction reported |
Securitised debt and public filers
As reported by the loan servicer
Loan-level data the CMBS trust files monthly on EDGAR (Form ABS-EE, Exhibit 102, Schedule AL), latest filing per trust. Balance is the scheduled balance at the period end; DSCR is on net cash flow from the most recent borrower financials; appraised value is the latest valuation reported, or the one at securitisation. Several trusts for one mall usually means one loan split into pari-passu notes, each trust reporting its piece. Matched on the property name and state in the exhibit, unreviewed.
| Trust | Period end | Balance | Maturity | DSCR | Appraised | Occupied | Status |
|---|---|---|---|---|---|---|---|
| UBS Commercial Mortgage Trust 2017-C7 ABS-EE 2026-09-28 · filing match: exact | 2026-09-11 | $30.4M of $34.5M 2017-11-01 | 2027-11-06 | 1.29x NOI $1.4M | $48.1M 2017-08-02, at securitisation | 88.0% | current Trimont LLC |
- LOCKEFIELD GARDENS (UBS Commercial Mortgage Trust 2017-C7): built 1935; renovated 1987; originator LCF
Site context
| Housing permits, Marion County (IN), 2024 | 621 units in 5+ unit buildings, 32 in 2–4, 1,253 single-family; 2023: 1,457 in 5+Census BPS |
|---|---|
| Other atlas sites nearby | 4 within 10 km, 7 within 25 km: Kahn Tailoring Company building (1.1 km); Indianapolis Stamping Plant site (1.7 km); Circle Centre Mall (1.8 km); Lafayette Square Mall (7.5 km)computed |
| Retail trade in the county, 2025 (BLS QCEW) | 45,102 jobs in 2,930 establishments; average annual pay $43,606; employment location quotient 0.73; employment +0.4% on the yearBLS QCEW 2025, NAICS 44-45, private |
| Jobs located in the tract, 2022 | 2,872 jobs; 46 in retail trade, 511 in accommodation and food (workplace blocks summed to tract 18097353500)Census LEHD LODES8 WAC 2022 |
| Upward mobility (Opportunity Atlas, 2010 tract) | children of low-income (25th percentile) families reached the 27th income percentile as adults; 9.3% incarcerated at the 2010 count (296 children in the sample); born 1978–83, measured 2014–15Opportunity Insights |
| Food access (USDA FARA 2019, 2010 tract) | not a low-access tract at 1 mile; 4% of residents more than 1 mile from a supermarket; poverty rate 38.1%; median family income $67,831; 150 SNAP householdsUSDA ERS |
| Schools | Indianapolis Public Schools (PK-12); 2 public schools within 1 mile: Dept of Correction Adult Schools; Crispus Attucks High SchoolNCES EDGE |
| Elevation | 710 ft above sea level at the site pointUSGS 3DEP |
| Storm events in the county, 2016-2025 | 241 county-logged events: 138 thunderstorm wind, 63 hail, 21 flash flood, 12 flood; $6,855,650 property damage reported; forecast-zone events (most flood, winter and heat) not countedNOAA Storm Events |
| Homes for sale in ZIP 46202, 2026-09 | median list price $428,300 (+1.4% on the year); 161 active listings; median 66 days on market; 33% with a price cutRealtor.com Research |
| Retail trade in the county, 2012 to 2023 | 2,856 establishments (-4%); 45,527 jobs (-2%)Census CBP |
| Housing market in the county | typical home value $227,822 (-1% 1 yr, +20% 5 yr); typical rent $1,379/mo (+2% 1 yr), 2026-09Zillow Research |
| Traffic on the busiest road within 600 m (2024) | 31,787 vehicles a day on M L KING JR ST (principal arterial, 7 lanes); 2,582 trucks; 25 counted segmentsFHWA HPMS |
Summary, model-written
Lockefield Gardens, a 22-acre public housing complex built 1935–38 for low-income Black residents in Indianapolis, closed in 1976 and saw partial demolition in the 1980s. Only original structures along Blake Street remain. The site is now built as an apartment complex on the IUPUI campus, targeting urban professionals. It is categorized as a redeveloped site with housing/mixed new use. Nearby, Circle Centre Mall (closed) is 1.8km away. Housing market data shows a 2026 ZHVI of $227,822. The record confirms the site is built (not stalled) but lacks current tenant demographics or specific redevelopment details beyond the campus affiliation.
Why. The assessment uses only the provided record: site status, historical use, current use, acreage, context (nearby closed mall), housing market data, and peer context. No external knowledge is added. Unknown elements include current tenant mix, exact redevelopment timeline, and details on 'reinhabit' strategy.
Where it stands. Built site, redeveloped for housing, located near IUPUI campus with nearby closed retail (Circle Centre Mall 1.8km). Housing market data available but no current occupancy metrics.
For a planner
- 22-acre site, public housing origin
- Near Circle Centre Mall (closed, 1.8km)
- IUPUI campus integration noted
- ZHVI $227k (2026-09)
For a developer
- Rebuilt site, no construction pending
- Targeting urban professionals (per record)
- Similar to peers: University Mall (AR), Six Flags Mall (TX) in strategy
- No current tenant data provided
What we do not know yet
- No current occupancy rates or tenant demographics
- Original housing type (apartments? rowhouses?) not specified
- No details on 'reinhabit' strategy implementation
- Traffic data shows high volume (31,787 ADT) but no pedestrian access metrics
Generated by qwen3-30b-a3b-64k:latest on Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b) from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.
Similar sites
- University Mall, Little Rock, AR · Malls · similar size (28 acres); same strategy: redevelop
- Lion Creek Crossings, Oakland, CA · Garden apartments · similar size (28 acres); same strategy: redevelop
- Lifeline Data Center, Indianapolis, IN · Other · same strategy: reinhabit; also in IN; 11 km away
- Six Flags Mall, Arlington, TX · Malls · similar size (22.5 acres); same strategy: redevelop
Elsewhere on the web
Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar
Multifamily screen
- retrofit already built
- 22 acres
- housing in the record
Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.
History and original facts
| Acres | 22.0newtypes-extraction |
|---|---|
| County | Marion County |
| Census division | 3 · East North Central |
| Notes | Draft from Wikipedia, model-extracted, unreviewed: Lockefield Gardens was a public housing complex opened in 1938 for low-income African-Americans, closed in 1976, partially demolished, and rebuilt by 1983 as a mixed-income apartment complex on the IUPUI campus with 493 units. |
Not yet recorded: GLA, year opened, original developer, retrofit year. Know it? Tell us.
Background
Lockefield Gardens was the first public housing built in Indianapolis. Constructed during the years 1935 to 1938, it was built exclusively for low income African-Americans in Indianapolis. The complex was closed in 1976, and a number of structures were demolished in the early 1980s. The only original structures remaining are those along Blake Street. == History == === Construction === Due to Franklin Delano Roosevelt's New Deal, the Public Works Administration funded fifty low-cost public housing projects in twenty states in what were previously slum areas. Indianapolis was chosen to have one of these renovations; it would be the first major public housing within Indiana's capital city.
Excerpt from Wikipedia (authors and history), CC BY-SA 4.0. May be older than the record above.
Sources
- Lockefield Gardens · CC BY-SA 4.0
1 quoted sentence
Lockefield Gardens
More in Indiana
Circle Centre MallIndianapolis, IN · 2025Redeveloped · Reinhabited · redevelopment into a multi-use campus known as Traction Yards