Construction begins on Mishawaka apartment complex
MISHAWAKA, Ind. - Officials celebrated the groundbreaking of The Mill at Ironworks Thursday.
The new Mishawaka apartment and multi-use building will open in around 14 months.
“Today is an exciting day for the city of Mishawaka, a transformational day. This is the start of Mishawaka’s future,” Mishawaka Mayor Dave Wood said.
The apartments will go between the Riverwalk and downtown areas.
Developers at Flaherty and Collins say they’re hoping to attract two residential groups.
“It’s the millennials, kind of the young professionals, and that’ll be probably two third of who lives here. The other third or 20 percent would be we’re getting more empty-nesters now,” David Flaherty said.
Amenities for the 232 residents will include a gym, lounge area, grilling station, dog park, pool, retail space, and the city’s largest parking garage with 400 spaces.
“That will not only have an impact just on this particular site but far into the downtown and beyond,” Wood said.
Rent will cost from $900 to $2000.
The project will cost $45 million, with $5.26 million coming from Regional Cities.
Wood says he hopes the impact goes on for generations.
“This is the private development, the anchor piece that we’ve been waiting for, for a long time and with this comes huge momentum,” Wood szid.
Stacked Pickle has already reserved space in the complex.