Groundbreaking set for Marion’s River Rock Lofts
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Officials in Marion will break ground Tuesday on a $10.8 million mixed-use development in the city’s downtown riverfront district.
River Rock Lofts, when complete, will feature 44 apartments, 3,300 square feet of commercial space, and a public plaza for community events.
Plans for the project were first announced in August. Last month, the Indiana Economic Development Corp. said $850,000 in Regional Economic Acceleration and Development Initiative funds were approved for the project.
Mayor Ronald Morrell told Inside INdiana Business in August that the project will help accomplish his vision of creating a walkable and dense downtown.
“The city of Marion hasn’t had anything new developed from ground up of this magnitude in over a decade,” he said. “So being able to add something like this to our downtown will be tremendous to be able to attract and retain young professionals and empty nesters to our downtown, to be able to create a space where people are proud to live in.”
River Rock Lofts is being developed by Fishers-based Rebar Development and Muncie-based The Ridge Group.
Officials expect construction to be complete by the spring of 2026.