Downtown apartment complex expanding

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The developer of The Waverley apartments downtown has filed plans to expand the complex because of high demand for one-bedroom
units.

Carmel-based J.C. Hart Co. Inc. wants to add 48 one-bedroom units to the 164-unit complex at 151 S. East
St. Out of 86 existing one-bedroom units, only one is vacant.

A new apartment complex downtown is expanding
by 48 one-bedroom units. (IBJ Photo/Robin Jerstad)

The four-story expansion would feature apartments with balconies
overlooking East Street on the second, third and fourth floors. A 41-space parking garage would occupy the first level.

When Hart won its original approvals for The Waverley from the city in 2006, the vacant land the company now wants
to build on was earmarked for three town-home buildings with first-floor retail space. But the company found little interest
in the commercial space.

J.C. Hart hopes to start construction as soon as next spring.

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