Today, City leaders joined Indy DPW, TWG Development, Old Southside Neighborhood Association, Stadium Village Business Association to cut the ribbon on Rise on Meridian, a $58m mixed-use housing complex in Old Southside.
The complex will expand downtown’s housing supply by 269 units, 14 of which are 30% AMI or below.
TWG partnered with Dr. Sue Hyatt to create an exhibit illustrating the neighborhood’s history.
As a part of our Public Art for Neighborhoods partnership with Indy Arts Council $86k of construction costs bring life to “Treebloom,” a steel/aluminum structure created by Project One Studio.
In addition to the complex and its public art, City of Indianapolis - Department of Public Works (Indy DPW) is nearing the completion of $7.9m in comprehensive stormwater, pedestrian-focused infrastructure, placemaking, and traffic safety upgrades as part of the Old Southside Lift Indy project announced last year.
The project received $8.6m in developer-backed bonds from DMD and offers residents a community conference room, pool, courtyard, grilling stations, gym, dog wash, bike room with 200+ bike stalls, pool table, and media lounge.