The Plainfield Town Council has approved plans for a $21 million mixed-use development in downtown Plainfield.
East and Main Flats would include a four-story building with 117 apartments, up to 7,000 square feet of commercial space and a 150-space parking lot.
The project is being developed by Fishers-based Rebar Development and Carmel-based Hagemen Group, in conjunction with the town of Plainfield. It is the first project to move forward under the town's Conceptual Downtown Redevelopment Plan.
"East and Main Flats really is a great first step in the redevelopment of downtown Plainfield," said Plainfield Town Council President Robin Brandgard. "We have a very thorough master plan for this area and this project meets the specific needs, including dense housing in the town center and additional commercial space."
Council member Dan Bridget calls the development a "big first step" in what will be a 20-year redevelopment plan for downtown Plainfield. The approval from the council allows the developers to move forward with the architectural design of the building.
"Projects like East and Main Flats act as a catalyst for redeveloping downtowns, because they help attract and retain talented professionals to the area," said Shelby Bowen, president of Rebar Development. "In our experience, these types of projects have a tangible positive economic impact to the downtown and community as whole."
Construction on the project is expected to begin in the spring of 2019.