Homeowners who live just south of the golf club's southern border fret about the future of the White River bluffs if Highland proceeds with controversial plans to sell 20 acres for residential development.
The settlement will allow developer Green Indy LLC to build a revised version of the so-called Alexander at the Crossing project that was initially denied by the Metropolitan Development Commission last year.
The local developer wants to build 100 units southwest of the intersection of College Avenue and Kessler Boulevard, far fewer than what another firm originally proposed before being spurned by neighbors.
Hurco Cos. Inc. plans to move some of its manufacturing operations from Italy to Indianapolis, creating 35 local jobs by the end of 2017, the company disclosed in a tax-abatement request with the city.
Since early March, when city officials announced plans to establish the moratorium in commercial areas adjacent to neighborhoods, the Indianapolis Department of Code Enforcement has received 18 applications to build at locations that would be subject to the ban.