Apartments planned for two former auto factory sites

A developer is working on plans to construct apartments at the sites of two former auto industry plants in Muncie.

The city-county plan commission has endorsed the proposals, which are estimated to cost a total of $13 million.

The proposal from Commonwealth Development Corp. would convert a two-story brick factory dating to 1912 into a 36-unit apartment building southwest of the city's downtown. The property is the former site of an auto factory and the Muncie Trade School.

The developer also plans a 35-unit townhouse apartment building on a portion of a vacant site that was once a General Motors transmission factory a few blocks away.

The Fond du Lac, Wisconsin-based developer has obtained rental housing tax credits from the state toward the GM plant site project and is seeking historic preservation income tax credits for converting the factory building, The StarPress of Muncie reported.

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