Muncie Seeks Developers For $48M Project
The city of Muncie has issued a request for proposals for development of its $48 million White River Canal District project. Mayor Dennis Tyler tells The Star Press "we’re leaving it to developers to use their imagination."
The 10-acre property is set up to be developed in three phases. Work could begin by the end of the year.
The project is designed to help the city attract and retain talent through residential, commercial and common space along the banks of the White River. White River Canal District is situated in the city’s downtown and through the community’s greenway, would connect to other areas in the city like Minnetrista, Ball State University and IU Health Ball Memorial Hospital.
The Star Press reports the RFP includes:
A 48-unit Phase 1 building with first-floor commercial, common space, a waterfront restaurant and frontage on a public plaza.
A 5,000-square-foot standalone restaurant along the canal.
In Phase 2, a 42-unit building with a 5,500 square-foot restaurant.
A 48-unit Phase 3 building with first floor commercial.
A building with three floors of commercial space, also in Phase 3.
A 20-unit building with 12,000 square feet of commercial and restaurant space.
A building with one floor of stand-alone commercial space. (The latter two buildings could be in any phase.)
Residential buildings in all the phases are to have one level of underground parking.