Commercial, residential development proposed in NW Indianapolis

INDIANAPOLIS (WISH) — Cornerstone Cos. Inc. has filed a rezone petition to develop 200 acres on the northwest facet of Indianapolis.

The event, the Crossing at Merchants Level, would come with high-end eating places, retail retailers, well being care services, motels, and workplace house.

The event could be located between I-465 and Conarroe Highway, bordered by 86th Road to the north and 79th Road to the south. The plans name for extending Marsh Highway from 79th Road by the event as much as 86th Road.

Barry Stern, who lives close to the location, mentioned Tuesday, “All this industrial property, the docs which can be throughout right here and every kind of producing companies want folks, and the place are they going to dwell? Are they going to dwell in Whitestown? Are they going to dwell in Carmel?”

Stern worries the event contains too many companies and never sufficient residences. “This has at all times been residential for years. It’s been residential, they usually don’t merely want business property.”

A spokesperson with Cornerstone wouldn’t touch upon venture till after town hears the corporate’s zoning petition. In line with a information launch from Cornerstone, the Crossing at Merchants Level would generate $4 million per 12 months in taxes.

A gathering the place residents can hear particulars in regards to the venture has been scheduled for six p.m. April 4 on the Pike Township Authorities Heart, 5665 Lafayette Highway.