$10M mixed-use project in the works for Fountain Square

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A new residential project is in the works for Fountain Square.

Our partners at Indianapolis Business Journal report that Deylen Realty wants to build along Virgina Avenue. A warehouse currently sits at the location.

The $10 million plan calls for 68 apartments and retail space between two existing apartment complexes in Fletcher Place.

The future five-story development does not yet have a name.

Construction could start early next year.