Noblesville Mayor Chris Jensen delivers his inaugural State of the City address in Feb. 2020 (photo courtesy: City of Noblesville)
The city of Noblesville announced in Feb. 2020 a new mixed-use development
Noblesville Mayor Chris Jensen delivered his first State of the City address Thursday and touted economic development planned for the city, including a nearly $8 million mixed-use development.
Called The Lofts on Tenth, it will be built on the east side of 10th Street between Clinton and Wayne streets.
The city says the project will increase the downtown livability and provide 8,000 square feet of commercial and retail space. A news release from Noblesville government indicates the project includes below street level commercial and restaurant space which keeps with the historic feel of the architecture.
The first-time mayor also announced the development of a residential complex with 163 “living units.” Jensen says the Village at Federal Hill will be built west of the White River in downtown Noblesville. The cost of the project was not disclosed.
The mayor also says infrastructure improvements are a high priority for the city. He said Noblesville needs to move forward with the Pleasant Street Economic Corridor from State Road 37 to Hague Road.
“We have talked about improving Pleasant Street since 1987. Now is time we act on all those years of discussion,” said Jensen.
During his address, Jensen said the city is working with the Indiana Department of Transportation for the construction of five roundabouts to help with east-west traffic flow.
The two-step project is scheduled to begin in 2021 on State Road 32.