Area Plan Commission recommends rezoning for an 80-unit affordable senior apartment complex on Margaret Avenue
Who it touches
- Arlith Street & Margaret Avenue area
Tracked in the archive
TWG Development asked the commission to rezone three parcels near the northwest corner of Arlith Street and Margaret Avenue — two from R1 (single-family) to R3 (general residence, allows apartments) and one from C2 (community commerce) to R3 — to build Margaret Senior, an 80-unit affordable apartment complex for residents 55 and older with 153 on-site parking spaces. (56:44, 1:00:22 — open the recording, cued to 1 hour 22 seconds
The project depends on a state tax-credit application TWG submitted in July; the developer said the state should respond by early October, funding decisions come in November, and — if awarded — construction would run from around June 2027 to late 2028 or early 2029. 1:00:57 — open the recording, cued to 1 hour 57 seconds
Asked whether TWG would also seek a tax abatement (a temporary reduction in property taxes) beyond the state funding, the developer said one might be requested later. 1:02:05 — open the recording, cued to 1 hour 2 minutes 5 seconds
More from the record
- Developer's introduction, 56:440:56:44 (56 minutes 44 seconds)
- Recommendation vote, 1:02:261:02:26 (1 hour 2 minutes 26 seconds)
Outcome
Recommended to Terre Haute City Council on a voice vote; council still has to act, and the developer won't know if it has state funding until November
The commission recommended the rezoning to Terre Haute City Council on a voice vote; the council still has to act. (1:02:26)
This summary was drafted with AI assistance and reviewed by an editor against the recording and documents linked above. Nothing publishes without a resolvable source.