Noblesville Adding Residential Living, Commercial Space to Downtown

Posted by Noblesville Economic Development under News

NOBLESVILLE, IN (September 11, 2020) – The City of Noblesville and PT-17 Development officials broke ground today on the Lofts on Tenth, a public-private partnership on a new downtown redevelopment project.

The $7.7 million mixed-use project will add 31,700 square feet of mixed-use redevelopment along 10th Street between Clinton and Wayne streets.

“Downtown Noblesville is becoming more of a destination and the best use of this area is to reimagine it into a mixed-use project. The Lofts on Tenth will provide more residential and commercial opportunities for those that want to be close to the heart of our city,” developer Darren Peck said.

The proposed project includes 23 two-bedroom apartment units with a rooftop deck meeting space and seven potential commercial spaces, including unique below street level spaces. The project addresses two of Jensen’s administration pillars – economic development and downtown enhancement.

“This project will increase our downtown livability and provide density and economic energy along with 8,000 square feet of commercial and retail space,” said Mayor Chris Jensen. “The Lofts on Tenth’s full masonry façade architecture preserves and enhances the character of downtown and blends with its historic surroundings. The Lofts on Tenth will breathe new life into the neighborhood without taking away from the historic feel of Noblesville.”

Plans provide the opportunity to add additional townhomes in the future.