Zionsville RDC approves Lot 9 closing for Intelligent Living Solutions, hears Lot 3 proposal from Jaffe Realty

ZIONSVILLE, Ind. — The Zionsville Design and Redevelopment Commission on Aug. 26 approved resolutions to complete the sale and fund the closing of Creekside Lot 9 to Intelligent Living Solutions and heard a detailed development presentation for Lot 3 from Jaffe Realty Company.

The approvals cleared the way for a Lot 9 closing that Deputy Mayor (name not provided) told commissioners was scheduled "to be closing today on Lot 9, which will be Intelligent Living Solutions." The commission then voted to approve a property-transfer resolution and a separate deposit resolution specifying how closing funds would be handled.

The votes were procedural and carried without roll-call tallies. Vice President Norris made the motion to approve the property-transfer resolution; a second was given and the chair called the question. The subsequent deposit resolution was also moved, seconded and approved.

Why it matters: Creekside is the town’s active redevelopment area. Actions that finalize land transfers and fund closings move private construction and tenant build-outs closer to reality, which the Deputy Mayor and developers said will generate local tax revenue and jobs.

Developer presentation and…