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Council approves Parks at Crossroads rezoning, developer agrees to 15% rental cap
Summary
Noblesville approved rezoning and a preliminary planned-development plan for a roughly 124-acre Parks at Crossroads project, with the applicant agreeing to a 15% cap on homes that may be leased. The project reduces previously proposed units to about 324 homes and expands open space, council members said.
The Noblesville Common Council on Oct. 7 voted 8-0 to adopt Ordinance No. 36-10-25 (rezoning) and Ordinance No. 37-10-25 (planned development and preliminary plan) to permit the Parks at Crossroads residential development east of Promise Road between State Road 32 and East 181st Street.
Miss Stephens, staff, introduced the zoning and PUD ordinances to the council. John Davosiewicz, a land-use attorney representing applicant Boomerang Development, said the proposal had been…
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