Broad Ripple (The Coil) and Tarkington Park Projects - North Midtown TIF (2015)

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The Coil is a mixed-use apartment community located along College Avenue just north of Broad Ripple Avenue and the Broad Ripple Canal.  This project includes 151 new units and a 33,500 sq. ft. Fresh Thyme store. The development opened in 2017.  The City has committed $5.7 million dollars from the sale of bonds for the North-Midtown TIF District to support this development.

Approximately $1 million of the bond proceeds helped to fund improvements to Tarkington Park.