$60 million project will add parking & apartments in Muncie - 13 WTHR Indianapolis

$60 million project will add parking & apartments in Muncie

Updated:
MUNCIE -

A new parking garage is about to begin taking shape in Muncie as part of a $60 million project that also features commercial and residential space.

The $5 million garage will feature 311 spaces that are expected to generate revenue for the city through payments by Valparaiso developer IPA.

Executive director Todd Donati of the Muncie Redevelopment Commission tells The Star Press he expects to start work Monday on the project.

The venture replaces a block and a half of old development along University Avenue.

IPA hopes to rent the apartments being built as part of the project to Ball State University students for the fall semester next year.

Information from: The Star Press

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