A petition for a 218-unit apartment complex has been filed with the Town of Zionsville on a site that was once expected to be the home of a new Walmart.
Archview Properties has petitioned to rezone nearly 15 acres west of Michigan Road between 106th Street and Bennett Parkway from urban business to residential multi-family zoning. Development plans include three three-story apartment buildings, a club room, game area, swimming pool and nearly 400 parking spaces. The Zionsville Plan Commission will consider the request at its May 21 meeting.
Tim Ochs, an attorney representing Archview Properties, said the apartments would only be built on the Boone County portion of Walmart’s land. The retailer’s property straddles the Boone and Hamilton County line, with about 1/3 of the site in Carmel. Ochs said a plan is being developed for the land in Hamilton County but did not disclose details.
Walmart still owns the land but intends to sell it if the project is approved, Ochs said. A Walmart spokesperson did not respond to a request for comment.
The empty lot was the source of a legal battle between Walmart and the Town of Zionsville for 10 years, culminating in 2016 when a Boone County Superior Court judge reversed the Zionsville Plan Commission’s 2008 decision to deny Walmart’s plans to build.
Walmart officials said in 2017 that they would not pursue a store at that location, citing a changed retail landscape since the store was first proposed. Walmart listed the 22.74 acres for sale with a price tag of $7.5 million in 2017.