Ariel Cycleworks | Goshen, IN
AP Development LLC is initiating the redevelopment of the former Ariel Bicycle / General Rubber site in Goshen, Indiana. The $30 million project will create 135 market rate apartments and supportive commercial space on 4.2 acres funded through a combination of the HUD 221(d)(4) program, Indiana Regional Economic Acceleration and Development Initiative funding (READI) and Tax Increment Financing.