Noblesville Adding Residential Living, Commercial Space to Downtown

Noblesville Adding Residential Living, Commercial Space to Downtown
September 11, 2020
Noblesville Economic Development

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

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. 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.”

Mayor Chris Jensen

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

Don’t Miss Out!

Sign up for our newsletter and be among the first to hear about the latest available properties in Noblesville.

Q
Noblesville Logomark

Get on the list to stay on top of Noblesville Economic News!

* indicates required

News Topics

Business Climate

As the 10th largest city in Indiana, Noblesville serves as a regional business, manufacturing, and innovation hub.

Cost of Doing Business

Business-focused efforts have helped our community and state grow strong.

Learn About Noblesville Tax Climate →

District Tax Rates

View our detailed listing of tax rates for the City of Noblesville.

View Our Interactive Map

Incentives

Indiana incentives and grants for companies that choose to locate or grow here.

Incentives in Noblesville →

Utilities & Rates

Noblesville utility costs are surprisingly low compared to the rest of the nation.

View Noblesville Utility Rates →

Emerging Industries

Life Science Innovation, Health Technology, and Advanced Manufacturing are just a few of our seven market sectors successfully growing and expanding in our community.

Learn About Noblesville Industries →

Site Selection

Property Search →