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M-twenty-two Apartment Complex Revitalizes Indy Health District

M-twenty-two Apartment Complex Revitalizes Indy Health District

Indianapolis News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 14, 20261m 15s

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Show Notes

Revitalizing Indianapolis: M-twenty-two Apartment Complex Brings Hope to Neglected Neighborhood

The abandoned buildings at 22nd and Meridian streets in Indianapolis are making way for a new apartment complex, M-twenty-two, in partnership with Crestline and the Near North Development Corporation. This project, located in the Indy Health District, aims to provide one hundred twenty-seven affordable units, addressing residents long-standing calls for investment and better housing. Once a thriving commercial hub, the area has deteriorated, with minority-owned shops and restaurants closing and homelessness becoming a concern. While a local barber welcomes the revival, he expresses concerns about potential rent increases and the displacement of small businesses during construction. This development is part of larger plans to transform the neighborhood, including a nearby site at 22nd and Illinois streets, which will add twenty-six affordable townhomes and duplexes.

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