Transforming Old Southside: Rise development opens 

Rise, a mixed-use development at 915 S. Meridian St., opened to the public on Aug. 28.   This is part of a $58 million project expanding downtown’s housing supply by 269 units. Fourteen of the units will be reserved for individuals and families making at or below 30% of the area’s medium income.   In addition to the development, $7.9 million in stormwater, streetscape and traffic safety improvements are expected to be made by the city, as well as a history exhibit and $86,000 art installation.& “My administration is proud of our investments in the Old Southside of Indianapolis,” Mayor Joe Hogsett said. “These projects, in addition to improving infrastructure and expanding affordable housing, will also help to preserve a vital, historic neighborhood in our city.” & Rise seeks to address the city’s affordable housing crisis. (Photos/Indianapolis Department of Metropolitan Development) With a total investment of $58 million, Rise seeks to address the increased housing demand in the city. Key projects were prioritized on Meridian to improve the infrastructure for safer living conditions such as:& Drainage and transportation studies.   Approximately 2,770 feet of multi-use trail.   3,740 feet of rehabbed ADA-compliant sidewalks with curb ramps.   Six new bus pads and stops.   Four upgraded...