Northside’s first new housing development since the
American Can Lofts in 2012 is under construction.
The Gantry, located at 4100 Hamilton Ave., will bring 131 apartments to the neighborhood.
With Northside's business district continuing to stabilize, The Gantry will help bring more residents and foot traffic to the area. Most of Northside's housing stock is circa 1950s, and land for new developments is hard to come by in the neighborhood.
The $16 million project involves redeveloping the site formerly occupied by the Myron G. Johnson & Son Lumber Co., which closed in the early 2000s. The city purchased the land parcel in 2006, and Indianapolis-based
Milhaus Construction was chosen as the developer after a request for proposals in 2012.
The mixed-use project will include three separate buildings: two four-story buildings and a three-story building at 1518 Knowlton St., which was the home of a bowling alley and pool hall. There will also be 8,000 square feet of retail space, which will bring a number of new businesses to the Hamilton Avenue business district.
Apartments will range from 400 square feet to 1,100 square feet, and prices will range from $600 to $1,600 per month. The LEED Silver-certified apartments are expected to be ready by next summer.
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