Mishawaka mixed-use project’s second phase lands key approval
Plans continue to move forward for the $63 million second phase of a mixed-use development in downtown Mishawaka. The city’s redevelopment commission has approved a development agreement for The Mill at Ironworks Plaza Phase II, located along the St. Joseph River.
The project, being developed by Indianapolis-based Flaherty & Collins Properties, will include 215 residential units, commercial space, a signature restaurant and a parking garage, Mayor Dave Wood said in a tweet earlier this week.
In an email to Inside INdiana Business, the mayor said the project will be “an extraordinary, additional development” that will attract and retain talent in Mishawaka and advance the city’s economic climate.
“Quality of life is one of the main factors young professionals consider when choosing where to start their careers,” Wood said. “The proposed mixed-use building will certainly serve as a significant attraction for those considering making the city of Mishawaka and Indiana their new home.”
A spokesperson for the city told IIB the parking garage would be owned and operated by Flaherty & Collins, providing free, three-hour parking to the public. The restaurant would include outside seating on the riverfront and provide direct access to the city’s riverwalk system.
The mayor said the city is targeting July for a groundbreaking on the development. The project is expected to take about two years to complete.
The building will be located on the west side of Hill Street. The first phase of The Mill, which was completed in 2019, is located on the east side of the street.
The $45 million first phase of The Mill at Ironworks Plaza features more than 230 apartments and 13,000 square feet of retail space.
The city spokesperson said there are no current plans for a Phase 3 project, but the city does still have a few parcels of land that could allow for an additional phase in the future.