408 units are planned to be built on the WFNI-AM tower site in Indianapolis after Emmis had 57 acres of the property on Perry Worth Road rezoned for mixed-use, commercial, office and residential developments.
According to the Indianapolis Business Journal, 10 apartment buildings and a clubhouse are planned.
Emmis Kate Snedeker tells IBJ that the company has already sold 5 acres along the northeast corner of its original 70-acre property to allow for the construction of a senior living facility.
Snedeker says Emmis will be removing the WFNI-AM tower as more and more of the property is developed. “We are currently exploring other broadcast sites for 1070.”
