MUNCIE, Ind. — Community leaders broke ground on the new $27 million apartment complex in Muncie on Thursday.
In 2023, officials said the City of Muncie was awarded a "competitive" Tax Credit program to help fund a 120-unit apartment complex on State Road 32, next to the Silver Birch Apartments.
Mike Owen, a spokesperson for the City of Muncie, said the complex will be called Kilgore Place and will feature a mix of income-based and market rate units. There will also be a dog park and a variety of on-site services for residents.
Owen said the project will redevelop a lot that has been vacant since a fire in 2022. Construction is scheduled to take roughly 18 months.
The developer of the new complex is TWG, which also built Riverbend Flats on the east side of Muncie.
Representatives from TWG, the City of Muncie, First Merchants Bank and the Indiana Housing and Community Development Authority attended the groundbreaking ceremony.