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May. 30, 2014

TM Crowley Plans to Add 352 Apartments to Mixed-Use in Noblesville; New Medical Resort Coming to Crown Point

by Adriana Pop, Associate Editor

Carmel-based TM Crowley Development LLC is planning to add a 352-unit apartment community to its mixed-use commercial project in Noblesville.

According to the Indianapolis Business Journal, the company is asking the city’s Plan Commission to rezone 25 acres of vacant farmland northeast of the intersection at State Road 37 and 146th Street from business to multifamily.

Crowley is also requesting the approval of a preliminary plan for its entire project known as Conner Crossing. The development will spread across more than 70 acres, with the retail/commercial component closer to 146th Street.

The planned apartment community will feature 16 buildings, as well as a clubhouse and maintenance facility. Amenities will include a resort-style swimming pool, fitness center, business center, car wash and outdoor living area, according to the description provided by Sheehan Cos. of Indianapolis. The company is a multi-family specialist that also manages Maple Knoll Apartments in Westfield and Lakeview Court Apartments in Noblesville (pictured).

In regional news, the Inside Indiana Business reports that the city of Crown Point has recently celebrated the groundbreaking of an approximately $16 million assisted-living and rehabilitative care facility.

Developed by Mainstreet Property Group LLC of Carmel, Claremont of Crown Point will offer 30 service-rich, well-timed assistance apartments and 70 Recovery Suites, in a hotel-like environment. The 66,598-square-foot medical resort at 1555 S. Main Street will also include a rehab center, movie theater, game room, restaurants, walking trails, Wi-Fi, and an onsite chef.

The project is expected to create 350 construction jobs and 100 permanent jobs by the time it opens in the spring of 2015.

“The City of Crown Point is excited about the partnership and investment that Mainstreet along with Symphony Post Acute Network have formed to create Claremont of Crown Point.  This location will combine quality health care with resort-style stay amenities – a new array of patient recovery model.   Coupled with the high number of construction and full-time employment opportunities, this is a win-win for all the parties involved,” David Uran, mayor of Crown Point, said in a news release.

Photo credits: www.lakeviewcourtapartmenthomes.net

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