Urban Indiana

Indianapolis seeks to redevelop apartments designated as historic

The mayor wants developers to submit proposals for the redevelopment of a high-rise apartment building on North Meridian Street into affordable and accessible housing, the city announced Thursday.

The city government in July paid $1.015 million to buy the Drake Apartments, 3060 N. Meridian St., from the Children's Museum of Indianapolis, says a news release issued Thursday from Hannah Thomas of the Indianapolis Department of Metropolitan Development.

The eight-story building contains 15 one-bedroom units, 10 two-bedroom units, and two four-bedroom units, the release says.

More below:
https://www.wishtv.com/news/local-news/indianapolis-seeks-to-redevelop-apartments-designated-as-historic/