A proposed apartment complex along the East 38th Street corridor is one step closer to getting built.
The Metropolitan Development Commission approved a rezoning petition in March for a 95-unit building. The project — called 37 Keystone — is planned near the southwest corner of East 38th Street and North Keystone Avenue.
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The City-County Council could vote on the petition as soon as its next meeting on April 7. After that would be construction permitting and financing.
The project developer is Avon-based Fortified Group.
Owner Dale Pruitt told Mirror Indy he plans to ask the city for incentives to pay for the $22 million project.
Along with apartments, plans call for 3,700 square feet of retail space, along with a community garden, fitness area, play room for kids and rooftop deck.
Neighbors have mixed opinions about the project. Some are worried about added traffic and gentrification.
One resident, 84-year-old Sue Lindsey, told Mirror Indy in March that although she didn’t support the project right away, she eventually came around.
“I will support it because I love my community,” Lindsey said. “I want it to be growing as the other community places are growing.”
Mirror Indy reporter Tyler Fenwick covers housing and labor. Contact him at 317-766-1406 or tyler.fenwick@mirrorindy.org. Follow him on X @ty_fenwick and Bluesky @tyfenwick.bsky.social.
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