Developer outlines $62.5M, 251‑unit Millbrook Phase 1; says bonds will be developer‑backed
Grant Dean of The Ridge Group presented the Millbrook Phase 1 plan — a $62.5 million, 251‑unit multifamily development with 412 parking spaces, Class A+ amenities, and financing that relies on an 80% TIF pledge and developer‑backed bonds.
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Grant Dean, senior development director with The Ridge Group, told the Tippecanoe County Redevelopment Commission the Millbrook Phase 1 multifamily project would cost about $62,500,000 and include 251 units and 412 parking spaces. "Again, just for the record, my name is, Grant Dean, senior development director with the Ridge Group," he said during the commission's Aug. 4 hearing.
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