LEBANON — A developer Monday will ask the Lebanon Board of Zoning Appeals at to approve a 34-unit, three-story apartment complex at 315 N. Lebanon Street, adjacent to Memory Hall Senior Apartments, at the intersection of Howard and Lebanon streets. The meeting is 7 p.m. Monday at the municipal building, 401 S. Meridian St., Lebanon.

It’s the first of two steps in a project by developer Ironman Properties of Lafayette, that could increase both rental housing and parking north of the downtown square.

Joseph C. Blake, Lafayette, is listed by the Indiana Secretary of State as the principle agent for Iron Men Properties.

“They are proposing to build a freestanding building on the existing parking lot, in front of the gym,” said Kristi Spencer, administrative assistant for
the Lebanon Planning and Zoning Department. Each one-bedroom apartment would be 595 square feet.

The BZA must approve the developer’s request for a variance, however, before the project can start. The 34-unit building is in an area zoned for central business, which permits housing only for senior citizens.

“(Blake) does not want to target senior housing, he wants to do more of young professional type living,” said Rachel Whittington, executive director
of the Boone County Area Plan Commission, who assists the Lebanon Planning & Zoning Department.

The new apartments would be adjacent to Memory Hall Senior Apartments, in what was from 1922 through 1968 Lebanon High School. For awhile the building was owned by the city, and renamed Memory Hall, but was vacated in 1988. The Leo Stenz Co., Indianapolis, renovated the classroom section into 59 apartments and opened it in 1996 as
housing for senior citizens, operating under the name Lebanon Housing Partnership. The gymnasium was leased by the city to LHP for $1 a year, with an option for the company to buy the gym.

Fannie Mae acquired Memory Hall in January 2012, after Lebanon Housing Partnership fell more than $1.41 million behind in mortgage payments.

Ironman Properties of Lafayette b
ought the apartment section, and exercised the gym purchase as well. Zoning that allowed Memory Hall Senior Apartments does not allow non-senior housing, so Blake needs a variance for the new 34-unit building.

Blake is also developing a project that would construct 28 townhouses facing North Lebanon Street.

To create space for the townhouses and meet parking needs for that project and the apartment building, Blake proposes to demolish homes at 417, 423, 503 and 507 N. Lebanon St. That would create a parcel of about .8 of an acre, big enough for 65 parking spaces.

“Shared parking with the city and county is possible now, since many of our new residents will be daytime workers,” Blake said in a letter to the city’s planning department.
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