Government leaders in Indianapolis recently celebrated the opening of Rise on Meridian, a $58 million mixed-use development in the city’s Old Southside neighborhood. The project, located just north of the I-70 overpass, includes 269 housing units, with 14 reserved for low-income families. This development is seen as a positive addition to downtown Indianapolis, providing much-needed housing options for residents of all income levels.
City-County Council Member Kristin Jones emphasized the importance of Rise on Meridian in providing quality housing for all residents, regardless of income. The grand opening of this development symbolizes a commitment to creating a thriving and connected community in Indianapolis.
In addition to the housing units, the project also includes $8 million in stormwater, street, and traffic safety improvements, which are expected to benefit the area by November. The Rise on Meridian project is considered a significant investment in the future of Indianapolis, adding to the city’s housing supply and enhancing the overall quality of life for its residents.
This news was reported by WISH-TV, showcasing the positive impact of Rise on Meridian on the community and the city’s ongoing commitment to providing affordable housing options for all residents.
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Photo credit www.wishtv.com