Clubhouse
Clubhouse

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Elevations
Elevations

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Floor Plan
Floor Plan

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Clubhouse
Clubhouse

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Zionsville

Adler of Zionsville

Sila Capital has begun the development of Adler of Zionsville Apartments in Zionsville, Boone County, Indiana. The project is located at the Southeast Corner of S 700 E and Grove Pass.​

Currently in the design stage with construction scheduled to commence in 2022. ​

With an overall development budget of $38.3 million, the property will be delivered in 2023. It will have 179 units. ​

The project value upon stabilization is estimated to be $47 million.​

The project will benefit from TIF assistance from the municipality.​

The subject property includes a mixture of one, two, and three-bedroom units. None of the units are subject to rent or tenant income restrictions. In fact, the target market for the project is the upper end of the housing rental market. Therefore, the property is designed with a full array of amenities and features that appeal to this segment of the market. Each of the property’s units includes a full complement of kitchen appliances (range/oven with hood, microwave, full-size refrigerator, and dishwasher), as well as washer/dryer appliances. ​

30/06/2022