A Fishers-based developer plans to build a 90-unit apartment community east of Township Line road and north of 86th
Street, behind a shopping center that includes Kahn's Fine Wines & Spirits and Planet Fitness. The roughly $12 million
project, dubbed The Preserve at Willow Springs, will target the "renter by choice" market with high-end one- and
two-bedroom units that include direct-access garages and green features such as a solar-paneled clubhouse, electric vehicle
charging stations and tankless water heaters (they plan to seek LEED certification). Units will rent for $899 to $1,599. Developer
Becovic Companies also owns an adjacent apartment community called The Springs, and it owns and manages Central Park at Metropolis
in Plainfield. The "big house" design of the Preserve at Willow Springs was developed by Dallas-based Humphreys
& Partners Architects. Becovic secured zoning approval last week. The first apartments are scheduled for occupancy in
August.
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Welcome to Property Lines, Indy's source for neighborhood real estate news. Your host is Scott Olson, IBJ's real estate beat
reporter. Edited by Cory Schouten.
Local developer plans $12M north-side apartment project
January 16, 2013
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It's also across the street from Fogo de Chao and Morton's....
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Yep, the haters are trying to make good news bad. I guess it is hard to get people to believe the series is dying when they are gaining new sponsors.
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David Copperfield! I remember watching his specials on TV when I was little.
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Don't forget this is next to an MMA gym, a pawn shop, and some abandoned spaces.
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Good project for Zionsville - A group who has owned the property for many years has waited and worked patiently to bring highest and best use development to a major corridor, and mix that in with the great downtown you have. Win Win. All the Best to Pittman Partners and Zionsville.
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