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TWG Nears Groundbreaking for Apartments on Indianapolis’ Southside
Development firm TWG is poised to launch Rise on Meridian, a $58-million multifamily housing complex on the southside of Indianapolis. Construction on the 269-unit project at 915 S. Meridian is expected to begin later this month.
The new apartment development is located near the historic Old Southside area along the South Meridian Street Corridor, within a federal Opportunity Zone and the Near South Gateway Economic Development Area. Through a partnership with the City of Indianapolis and Tax Increment Financing bonds, 5% of the units will be reserved for individuals with income less than or equal to 30% of the area’s median income.
“There’s currently a demand for development in this area, and we look forward to supporting the current momentum created by the Stadium Village Business Association and Old Southside Neighborhood,” said Tony Knoble, CEO at TWG.
- ◦Development


