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.
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