Developers planning $50M-plus, 279-unit apartment complex for 16 Tech

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7 thoughts on “Developers planning $50M-plus, 279-unit apartment complex for 16 Tech

    1. Studio M usually churns out good stuff. They built Riverhouse in Broad Ripple. Renderings are generally meaningless, so I wouldn’t read into that too much.

    1. The apartments are expected to include an affordability component as part of an in-the-works incentive deal with the city: 5%—or 15 units—for individuals making up to 30% of the area’s median income, with the rest at market rate.

    2. The key that the city will be giving money to the project is the reference to “vying for tax-increment financing dollars to offset construction costs.”

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