The Granary gets $67,000,000 OK From City Council
The Noblesville Common Council approved a $67 million mixed-use development project, The Granary, along the new Pleasant Street Corridor this week. Mayor Chris Jensen prioritized the proposal as part of the city’s overall efforts to enhance its downtown area and tie resident well-being to economic and workforce growth.
“This is the first significant project along the new Pleasant Street Corridor, and one that will further invest in the livability for current and future Noblesville residents,” Jensen said. “A priority for my administration, this development will feature architecture that complements the surrounding historic area, provides a new housing option, walkable and neighborhood-oriented amenities, and pedestrian connectivity to the nearby trail system.”
The Flaherty & Collins development is approximately three acres, bounded by South 8th, South 9th, Mulberry and Walnut Streets. Construction is expected to begin in summer 2025, with anticipated completion by summer 2027. The project seeks to redevelop the vacant land of the former Noblesville Milling Co.’s granary site, built in the early 1900s and was a large part of the milling history of the city and the inspiration behind the Noblesville School’s moniker, the Millers. The plan involves a four-story mixed-use building and parking garage containing 225 luxury apartment homes, 5,000 square feet of commercial retail space, and approximately 300 structured parking spaces for residents and the public. The southern portion of the development will include a trailhead area to the Midland Trace and Nickel Plate trails and include public restrooms and lockers.
“As Noblesville continues to grow, it’s essential that we invest in developments that will benefit our community for the future,” Noblesville Common Council President Darren Peterson said. “This project will reflect the history of our downtown while offering unique architecture and new amenities to enhance the quality of place and life for our residents.”
The Granary proposal includes resort-style amenities like a saltwater pool and aqua lounge, co-working areas, a state-of-the-art fitness center, an outdoor kitchen with grilling stations and fire pits, a game room with billiards, a pet spa, bike storage and bike shop, and a club room with kitchen, bar, and seating for groups.
“We could not be more excited to partner with the City of Noblesville to bring a first-class, transformational development to the Pleasant Street Corridor, a project that all residents can be proud of and enjoy. Noblesville is a thriving, vibrant community that myself and many of our employees and executives are proud to call home,” said Flaherty & Collins Chairman Emeritus and Principal Jerry Collins.
The Pleasant Street Corridor is part of the Reimagine Pleasant Street project, a multi-year initiative that will result in improved east-west connectivity and accessibility for the City of Noblesville. The roadway design will provide Noblesville residents, local businesses, and key stakeholders with many improvements that will enhance mobility and public safety while also honoring the urban character and historic features of the project area. Key stakeholders include the City of Noblesville and Hamilton County. The project will provide a link for three major trails (Nickel Plate, Midland Trace, and Riverwalk) to connect Noblesville with Hamilton County and the greater Indianapolis area.