Luxury apartment project planned in Charlestown – Inside INdiana Business
The city of Charlestown on Tuesday announced plans for a luxury apartment development on the site of a former train depot. Forest Edge, which is being developed by Jeffersonville-based Denton Floyd Real Estate Group, will include more than 200 apartments.
The overall cost of the project has not yet been determined, according to a Denton Floyd spokesperson. The city says the complex will revitalize Depot Street and help increase the population near downtown.
“It’s exciting to see this site transform from derelict warehouses into beautiful apartments that will provide the quality of amenities that many people are looking for when choosing Charlestown for their new home,” Mayor Treva Hodges said in remarks. written. “Denton Floyd has an exceptional reputation and we are fortunate that they are investing in our community.”
In addition to the apartments, Forest Edge will feature a clubhouse, resort-style pool, outdoor common area and fitness center, among other amenities.
Construction on Forest Edge is expected to begin in February 2023 and be completed in January 2025. Denton Floyd said he plans to start renting the apartments in February 2024.
The city is also planning improvements to Madison Street to improve connectivity between Forest Edge and Main Street. Final designs are still being completed, but the effort will include widening the roadway and adding sidewalks.
Main Street in Charlestown itself is currently undergoing sidewalk reconstruction.