WEST BADEN SPRINGS – A $9 million affordable multifamily housing project is coming to West Baden Springs.
TWG Development, a national real estate development company, announced the construction of West Baden Lofts. It is TWG’s first development in Orange County.
The 44-unit development will consist of 30 two-bedroom and 14 three-bedroom apartments. Units will be reserved for households making 30 to 60 percent of the area median income. The apartments will be built at 942 Main Street, just east of State Road 56.
Amenities include a free bike-share program, free Wi-Fi in common areas and units, a meditation area, a fitness center, a community room, an indoor children’s area, a playground, and community garden beds. Construction is expected to complete in late 2024.
“There is a need for more housing options at all price points in the Indiana Uplands region, and TWG is thrilled to have the opportunity to provide a new affordable housing community to the West Baden Springs and Orange County community,” said TWG Development Director Marisa Conatser. “We hope that West Baden Lofts helps to fill in the gap of affordable housing in the area and that it inspires more critical affordable communities to be built here in the future.”
West Baden Lofts was made possible with the support of the Indiana Housing and Community Development Authority, Innovative Veteran Affairs Real Estate, Merchants Capital, Cedar Rapids Bank and Trust, and the Town of West Baden Springs.
