Development commission approves Annex Group’s 242-unit Stringtown apartment despite neighborhood opposition
On May 20, 2026, the Metropolitan Development Commission approved Fishers-based Annex Group’s plan for a 242-unit low-income apartment on a 3.4-acre Stringtown site, permitting a 50-foot building where current zoning allows a 35-foot maximum.
The commission voted May 20, 2026 to allow Annex Group to proceed with plans for a 242-unit complex on a 3.4-acre parcel in the Stringtown neighborhood. The decision included exceptions to current zoning limits — notably permitting a 50-foot structure versus the 35-foot cap — and drew neighborhood opposition over scale and the potential removal of trees. Jessy Baum of the Stringtown Now neighborhood organization told the commission the project conflicted with the area’s character.
BusinessIndy examines this development and its implications for Indiana businesses and communities using the linked sources.
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