Area Plan Commission recommends rezoning for an 80-unit affordable senior apartment complex on Margaret Avenue

What happened

TWG Development asked the commission to rezone three parcels near the northwest corner of Arlith Street and Margaret Avenue — two from R1 (single-family) to R3 (general residence, allows apartments) and one from C2 (community commerce) to R3 — to build Margaret Senior, an 80-unit affordable apartment complex for residents 55 and older with 153 on-site parking spaces. (56:44, 1:00:22)

The project depends on a state tax-credit application TWG submitted in July; the developer said the state should respond by early October, funding decisions come in November, and — if awarded — construction would run from around June 2027 to late 2028 or early 2029. (1:00:57)

Asked whether TWG would also seek a tax abatement (a temporary reduction in property taxes) beyond the state funding, the developer said one might be requested later. (1:02:05)

The outcome

The commission recommended the rezoning to Terre Haute City Council on a voice vote; the council still has to act. (1:02:26)

Sources

• Developer's introduction, 56:44
• 80 units, 153 parking spaces, 1:00:22
• State funding and construction timeline, 1:00:57
• Possible future tax abatement request, 1:02:05
• Recommendation vote, 1:02:26

Also known as: Margaret Senior · Arlith Street rezoning · West Margaret Avenue rezoning · TWG Development senior housing · affordable senior apartments