The Mozzo Apartments

This week we filed more detailed plans with the City of Indianapolis for our planned redevelopment of the former BMV at 531 Virginia Avenue in the Holy Rosary Neighborhood into a mixed-use building. The Mozzo (meaning “hub” in Italian) will contain 64-units and 1,700 square feet of café space along the new Cultural Trail set to open here in 2012. Its contemporary design by Blackline Studio for Architecture in Fountain Square is intended to complement the area’s mix of historic and modern architecture.

The $5.8 Million investment will include studios, one-bedroom, and two-bedroom units. A unique feature of the building will include first floor studios along the Cultural Trail that are designed to be flexible for residential or commercial uses. In addition, the plans call for public art at the corner of Virginia Street and Merrill Street to identify the Holy Rosary Neighborhood and its historic significance to the City of Indianapolis.

Ground breaking on the 0.82-acre site is projected to be in the first quarter of 2012, with project completion by the end of 2012.