Riverfront apartment proposal in Madison, Indiana, draws mixed reaction from residents

MADISON, Ind. (WDRB) — A proposed apartment complex along the riverfront in Madison, Indiana, is drawing both support and concern from residents who say it could change the character of the historic downtown.

The city is considering a zoning change to allow a 53-unit apartment development at the corner of Vaughn Drive and Jefferson Street. The vacant lot located just steps from the Ohio River is currently used for community events, including the Madison Regatta.

Mayor Bob Courtney said the project would address a critical housing shortage and revitalize a section of the riverfront that has seen little investment in more than 50 years.

“This is an area that’s long had no investment — over half a century,” Courtney said. “We are trying to revitalize this area with new investment and also fill a critical housing need.”

But some longtime residents worry the development could disrupt the town’s charm.

“A lot of times things get out of hand, you know,” said Ruth Poindexter, a Madison resident. “It kind of starts out small and then it starts getting more crowded and more crowded. It wouldn't be for me, I don't think."

More than 1,000 people have signed a petition opposing the zoning change, arguing the apartment complex would take away from Madison’s small-town atmosphere and limit space used for annual festivals.

Despite concerns, others believe the new development could be a boost to local business.

“Those are the kind of people who are moving to Madison — either they retired, this might be a second home,” said Chip Binzer, who has lived and owned a business downtown for 30 years. “I feel real confident that this project will add to it, just like the new hotel down there that was renovated—the old cotton mill. I feel like it’s just one of those things that will add to the look of downtown.”

Courtney emphasized that Madison can preserve its history while preparing for future growth.

“We really value our traditions as well as our historic preservation,” he said. “But the two have to coexist.”

The proposal is scheduled to go before the city’s Planning and Zoning Board on Aug. 6. If approved, it will then be considered by the Madison City Council, with a potential groundbreaking this fall.

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