Noblesville council hears introduction to Silo Ridge 


The concept plan for the proposed Silo Ridge. (Submitted image)

Attorney Steve Hardin presented a proposed mixed-residential development by M/I Homes called Silo Ridge to the Noblesville Common Council during its Feb. 23 meeting. It was only an introduction, so a vote wasn’t taken.

Hardin said Silo Ridge is proposed to be a gateway to the City of Noblesville because it is near Finch Creek Park, a 200-acre park that opened last year.

One of the benefits to this development is to bring residential to protect that area from continued industrial development happening in that corridor,” Hardin said. “Some of the key aspects of the plan itself is we have a mixture of uses. The comprehensive plan adopted in 2020 encouraged a mixture of housing types, a variety of housing types.”

The project would have two single-family home areas, for-sale townhomes and paired villas, and 1 mile of paved trails, 6 miles of sidewalk and connection opportunities to adjacent neighborhoods. The paired villas are targeted for empty nesters and estimated to cost between $230,000 and $290,000. The single-family homes, depending on which section of the development they are in, would range from $260,000 to $340,000 or $340,000 to $420,000. The for-sale townhomes would be along Ind. 32 across from the area’s industrial uses and are expected to range between $220,000 and $260,000.

The council did not ask questions following the introduction.

Other council news:

What happened: The Noblesville Common Council unanimously approved an ordinance authorizing the issuance of economic development revenue bonds for the Nexus project.

  • What it means: Economic Development Director Andrew Murray said the item was required to move forward with bond financing for the Nexus apartment project with Cityscape Residential to develop the Marsh site on the northwest corner of Ind. 32 and River Road. There were no changes to the ordinance.
  • What’s next: Nexus plans to break ground on the project this spring.

What happened: The council unanimously approved changes to the city’s animal ordinance.

  • What it means: The ordinance has revisions based on input gathered by the Humane Society for Hamilton County and Hamilton County Animal Control.
  • What’s next: The ordinance is in effect.

What happened: City attorney Lindsey Bennett presented on changes to the city’s noise ordinance.

  • What it means: Bennett said there were two noise ordinances – one for the Ruoff Corporate Campus and one for the rest of the city. Bennet said changes include adding some exceptions, such as sounds emitted from authorized emergency vehicles, burglar alarms, rubbish collection and more. Other changes include adding fines for offenses — up to $250 for a first offense, up $500 for a second offense within two years and up to $1,000 for third and fourth offenses. All other offenses within two years would be up to $2,500. Council President Darren Peterson requested a tiered fine system different for residents and commercial uses.
  • What’s next: The council will vote on the changes at a future meeting.

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