New rendering: Mozzo work begins along Virginia Avenue

April 20, 2012
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Mozzo Apartments IndianapolisMilhaus Development is scheduled to begin demolition next week on an old Bureau of Motor Vehicles branch to make way for the $6 million Mozzo Apartments along Virginia Avenue. The four-story building, shown here in a fresh rendering, calls for 64 studio, one-bedroom and two-bedroom apartments and corner cafe space along the Cultural Trail. The first-floor studios are designed for flexibility between residential and commercial uses. The open-concept apartments with 9-foot ceilings and granite countertops will range between 500 square feet and 1,069 square feet and rent for $865 to $1,350. An earlier post on Mozzo is here. What do you think? (Click for a larger version.)

  • I dig
    Will be nice to see the parking lot filled, the old building knocked down, and a new project that respects the neighborhood and surrounding infrastructure, being built.
  • Belagio
    Anything that blocks the south facing side of the Page Development to the north has to be an improvement. The started with a industrial looking parking garage and now have block in the south side between floors with concrete grey blocks. Real urban/grit feel there. This is only slight less attractive than the whole south side of the condo building,looks like an old industrial building with tiny windows where large use to be.
  • Excited to See Development
    I'm excited to see the development. The overall building looks good. I question the camouflage color scheme, but everything else is great!
    • Big improvement
      I walk by the building every day and it is an eyesore to say the least. I am a bit concerned about parking, but would welcome more stores on the Virginia Ave. corridor. I loved how on the North side of the street that the Fletcher Apts are conveniently missing so one gets a view of downtown.
    • PJ (Christie?)
      I disagree with your "camouflage" comment. I'm pretty stoked that something besides the standard mixed brick facade is being used. It's good to see some variety, and Fountain Square is the right place for it.
    • Good Infill Project
      Good infill project with proper urban form and design. This project will contribute much to the Fountain Square neighborhood by bringing more residents, foot/bike traffic, and new business/retail. Happy Indy is finally getting some quality urban infill projects.
    • great infill
      I am surprised that the project cost came out to be below $6M (I believe it's $5.8M). Is that due to no parking (I don't see it mentioned in the article)? If so, then this is a clear indication that we should change some of the parking requirements downtown (and let market forces determine if parking is needed).
    • parking
      is in the back (I just read it in their original petition. Anyway, considering their relatively low budget, this development looks pretty good.
    • Finally
      I'm happy to see an infill development---along with the Hinge---which finally feels more urban. The density is great with elevations and storefronts which fit into the neighborhood. THANK YOU for not using the typical INDY BRICK FACADE standard: FINALLY! I can't see much detail from the elevations but I don't care. It totally contrasts one of the worst representations of generic, suburban 'luxury living': the Beilony (or whatever it's called?). This gives Indy hope for future neighborhood developments and proper infill architecture.
    • Oops
      Sorry, I meant the Belagio (too bad it's in such a prime location)
    • Not Bad
      I'm relatively pleased. Which means a nice job for Indy. Execution will be critical though.

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    1. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

    2. If you only knew....

    3. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

    4. The facts contained in your post make your position so much more credible than those based on sheer emotion. Thanks for enlightening us.

    5. Please consider a couple of economic realities: First, retail is more consolidated now than it was when malls like this were built. There used to be many department stores. Now, in essence, there is one--Macy's. Right off, you've eliminated the need for multiple anchor stores in malls. And in-line retailers have consolidated or folded or have stopped building new stores because so much of their business is now online. The Limited, for example, Next, malls are closing all over the country, even some of the former gems are now derelict.Times change. And finally, as the income level of any particular area declines, so do the retail offerings. Sad, but true.