An Indianapolis developer, Milhaus, has begun construction on Slate, a 306-unit residential development transforming a former movie theater parking lot in Springdale. The project aims to bring hundreds of new apartments and townhomes to the area.
Five things you need to know today, and some good dad jokes
Key Takeaways:
- Milhaus initiates construction on the Slate development in Springdale.
- The project will introduce 306 new apartments and townhomes.
- Slate is being built on a 17.8-acre site, formerly a movie theater parking lot.
- Construction began on April 2.
- The development signals significant growth for the Springdale community.
Milhaus Launches Slate Project in Springdale
An Indianapolis-based developer, Milhaus, has broken ground on a significant residential project in Springdale, signaling new growth for the community.
Transforming a Former Parking Lot
Construction began on April 2 for Slate, a development set to bring 306 apartments and townhomes to a 17.8-acre site. The land, once serving as a surface parking lot for a movie theater, is undergoing a transformation that will repurpose the unused space into much-needed housing.
Bringing New Homes to the Community
The Slate project aims to provide hundreds of new housing options in Springdale. With 306 units planned, the development will offer a mix of apartments and townhomes, contributing to the area’s residential offerings.
Significance for Springdale
The launch of this project marks a notable development for Springdale. By converting an underutilized parking lot into a vibrant residential community, Milhaus is playing a role in revitalizing the area and supporting its growth.
Looking Ahead
As construction progresses, the Slate development is anticipated to have a positive impact on the local community, offering new housing opportunities and signaling continued investment in Springdale’s future.