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Stephanie Wiechmann
On Kilgore Avenue at the site of a former sports bar, the developer that recently finished Riverbend Flats on the south side of the city wants to build more apartments.  Plans include 120 units.  As with Riverbend Flats, Muncie Mayor Dan Ridenour says this will be “workforce housing” with income-dependent rents.

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Dan Ridenour
If somebody is making 30,000, their rent would be here. If they're making 40,000, it would be here if that gets looked at every year. So if somebody gets promoted or takes a different job and they're now making more, they pay more.

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Stephanie Wiechmann
Right now, he says the city's planning commission has already approved the project. Muncie is submitting it for potential state grant funding by the end of this month. There's a second plan section of White River Lofts on downtown blocks the city already owns. Jon Anderson with developer Anderson Partners says it's doing preliminary planning work on two sites near each other between City Hall and the first White River Lofts.

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Jon Anderson
And again, this is all very preliminary. Just where could we situate some buildings? How many units might we be able to get? Where could we utilize parking? This particular scenario is about 120 units

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Stephanie Wiechmann
Ridenour says phase one of White River Lofts is fully leased, and a majority of the new residents already worked in Muncie when they moved in. And on the northwest side of Muncie, Ridenour says Indianapolis developer Browning has purchased 37 acres of farm field near the Morrison and Jackson roundabout. The company is interested in putting in a market rate rent apartment complex in Muncie.

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Stephanie Wiechmann
Stephanie Wiechmann, IPR news.