Indianapolis-based Hudson Investing wants to develop two apartment buildings housing 40 units each just west of Ridge View Apartments in Fortville.
FORTVILLE — Town officials in Fortville are holding off on considering a rezone for two proposed apartment buildings.
Indianapolis-based Hudson Investing is pursuing the two-building development, called Ridgeview West, on about 4 acres just west of Ridge View Apartments located at 550-801 N. School St., which the firm also owns.
The proposal calls for each building to be over 47,000 square feet flanking Main Street, which currently doesn’t exist through the property but would be part of the project. Both buildings would be two stories on their north and south ends and three stories in the middle. Each would have 40 market-rate apartments.
Fortville Town Council, which had four of its five members present at its meeting in early July, reached a tie vote in the matter and tabled it. The council did not consider the rezone at its meeting on Monday. Council president Fritz Fentz explained it’s on hold until officials learn more about the financial assistance the developer plans to ask for from the town.
