The Noblesville Common Council approved a plan during its July 28 meeting to add residential living and high-end commercial space to the downtown area.
Mayor Chris Jensen presented the project’s vision and community development enhancements for the Village at Federal Hill, a $29-million mixed-use development on the west side of the White River near Federal Hill Commons. The council unanimously approved the project, which is slated to begin construction in spring 2021.
The project is a public/private partnership between the City of Noblesville and Carmel-based Old Town Companies.
“Our goal for the Village at Federal Hill and for all our neighborhood developments is to create a ‘sense of place’ for the people living in an Old Town community,” Old Town partner Justin Moffett stated. “It’s an outstanding location with its proximity to downtown Noblesville, Riverview Health and the park. We are excited to be a part of the City’s plans to create new opportunities for its residents.”
The project was first introduced at the State of the City address in February.
A subcommittee will be established to work with Old Town to ensure final architecture choices are aligned with the city’s vision.
“We are encouraged to have this project move forward at such a quick pace to provide a vibrant, livable, walkable connection between downtown and the west side of the White River,” Jensen stated. “This mixed-use project offers 163 living units and 36,000 square feet of commercial retail space. These new additions are key to driving economic development to our downtown area.”
The project also includes 430 parking spaces with a combination of surface, on-street and structured garage spaces.