Writer / Lynda Hedberg Thies
The charm of Broad Ripple Village, for visitors and residents alike, has always been the proximity of the unique shops, the Monon Trail, dining and nightlife. Soon it will introduce a new landmark: The Coil.
Adding to the ambiance of the canal, the property is nearing completion and is ready to welcome Broad Ripple’s newest residents and visitors.
The five-story apartment community will offer 151 luxury rentals with different price points for studios, one and two-bedroom apartments as well as four town homes. The first floor of the building will be dedicated to the 33,500-square-foot Fresh Thyme grocery store, which specializes in organic and natural foods, a 24-hour fitness center and the leasing center.
The parking garage will accommodate residents and Fresh Thyme customers. The structure offers unique views of Broad Ripple and the downtown skyline, with outdoor patios that overlook the canal and the courtyard. The courtyard will offer a respite from the hustle and bustle with patio furniture, fire pits and outdoor lighting that will create a relaxing ambiance. The property is pet-friendly and non-smoking and the units are expected to fill up quickly.
The name for The Coil was inspired by the founder of Broad Ripple, Jacob Coil, who established the town on the banks of the White River in 1836 with the canal being built a year later. So, it was only appropriate that developers Browning & Sheehan linked the property to Coil, since the property borders the canal, a historic landmark.
The property accentuates the conveniences of the town’s best asset, the ability to walk everywhere which ultimately will benefit area businesses by increasing daytime foot traffic. As part of this strategy, the development also includes the improvement of the north bank of the canal wall and beautiful promenade as well as an outdoor eating area for Fresh Thyme.
This will give visitors and residents another reason to enjoy the Village, linger a while longer and discover more reasons to visit and explore all that the town offers.
For information about the property or to arrange a tour, please contact Brittany Lutgring, Property Manager or visit their website at thecoilbroadripple.com.