Onyx + East

Building Urban Homes With Purpose: Onyx + East in Indianapolis

In the last decade, Onyx + East has grown from a local builder into one of the more visible new-home developers in the Indianapolis area, carving out a niche in walkable, urban and infill neighborhoods while also expanding into suburbs and nearby cities. Onyx+East+1

Who They Are

Founded in 2015, Onyx + East is headquartered in Indianapolis and has since expanded with offices across the Midwest and in Florida. They manage design, construction, sales and marketing in-house, which gives them a unified process from concept to closing. construction-today.com

Year after year they’ve built out townhomes, duplexes (“duets”), single-family homes, and mixed-product communities that prioritize proximity to jobs, transit, trails, and entertainment districts. Onyx+East

In 2022 they reported they had built or had underway ~30 distinct communities totaling about 900 total units across Indianapolis and Carmel — a strong footprint for a relatively young firm. Onyx+East

Where Their Homes Are in Indy

O+E developments tend to cluster in walkable, established neighborhoods:

Downtown & Near-Downtown Classics

Nouveau (Alabama St) – modern townhomes with rooftop terraces and private garages, running roughly $550k–$720k+. Onyx+East
Fulton (Mass Ave/Bottleworks area) – larger urban single-family/attached homes, often $600k–$850k+ in today’s market. Onyx+East
Colere (English Ave / Fountain Square border) – mixed product from townhomes to detached homes, pricing seen roughly $370k–$530k+ on quick-move units. Onyx+East
Townes at Kennedy-King (Downtown core) – smaller urban townhomes currently listing mostly in the $350k–$400k range. Onyx+East

Suburban / Emerging Areas

In addition to urban infill, O+E is moving into suburban Indiana, with planned units along the Monon Trail in Indianapolis (~53 townhomes + a handful of detached homes) and a Westfield project proposing up to ~125 houses north of 96th St. IndyStar+1

There’s also evidence of Build-to-Rent (BTR) activity near Indianapolis through a JV with Buckingham Cos., with ~165 single-family rental homes underway in Brownsburg — signaling O+E is branching beyond strictly for-sale product. Multi-Housing News

Price Points & Product Types

Prices across projects in the Indy area vary with product type and neighborhood:

Entry / mid-range townhomes around $350k–$450k in places like Kennedy-King. Onyx+East
Upscale urban townhomes and large attach/detach homes typically $550k–$800k+ (Nouveau + Fulton). Onyx+East+1
Suburban product and other Indiana communities cover a range that can include more affordable single-family pricing in the mid-$300ks to $500ks. New Home Source

Online community listings reflect pockets with even broader ranges depending on plan, size, and lot — roughly $350k to nearly $950k in the broader Indianapolis metro. New Home Source

What Makes O+E Distinct in Indy

Urban focus and design quality are central to their brand — they emphasize walkability, thoughtful architecture, rooftop or outdoor spaces, and smart home features. Onyx+East

Their footprint includes historic and rapidly evolving neighborhoods that appeal to buyers seeking new homes without leaving the city vibe. That blends modern building with neighborhood context, which resonates with a mix of first-time buyers and downsizers alike. Onyx+East

Impact & Growth

Over the past several years, Onyx + East has introduced over ~225+ new homes into Downtown and historic Indianapolis neighborhoods alone. Onyx+East
Their growth earned them recognition — including being named to the IBJ Fast 25 list of fastest growing firms in the region. Onyx+East

Wrap-Up

Onyx + East’s footprint in Indianapolis is now visible across downtown and into emerging residential corridors — from boutique urban townhomes to larger single-family homes. Price ranges span mid-$300ks into the high-six figures and beyond depending on product type and location. Their continued expansion — including build-to-rent and master-planned communities in the suburbs — makes them a developer worth watching for local housing trends.