CLARKSVILLE, IN (March 17, 2022) – St. Patrick’s Day turned out to be a lucky one for Form G. The land development company enjoyed some beautiful weather as they broke ground on their new 50 Million Dollar multi-family development in Central Clarksville. Dozens of people attended the afternoon event including Indiana State Representative Dr. Rita Fleming, Clarksville Town Council members, and local business leaders.
The event also had something you don’t normally see a construction groundbreaking event, which was a group of students and teachers from nearby Parkwood Elementary School. The students were special guests at the event since their school will be neighboring the new family development. Developers have been in close contact with the school about the future of the property.
The project, known as “The Bend”, is expected to include a total of 312 Class A contemporary apartments, consisting of one-, two- and three-bedroom units, a clubhouse with a fitness center, meeting/lounge area, a full-scale kitchenette, a gift-wrapping station, table games, and a cover patio by the pool. Other onsite amenities include a playground, garages, dog park, soccer field, shared garden area and outdoor classroom. The apartments will have an open floor plan with 9 ft. ceilings, granite counter tops, stainless steel appliances, and balconies. The anticipated completion date is sometime in Fall 2024.
Clarksville Town Councilman and Redevelopment Commission President A.D. Stonecipher says that once the facility is finished, Form G will become the second highest taxpayer in the Town of Clarksville behind Green Tree Mall. He also said that the Commission’s investment in the project will provide a return for taxpayers for years to come. Stonecipher also cited recent numbers from Southern Indiana Realtors, which show that southern Indiana has a near record low supply of homes in the area, and nearly 60% of the available homes are new construction. He thanked Form G for bringing new housing options to the Town of Clarksville.
By 2024, Form G will have invested more than 80 million dollars in residential and commercial developments in the town, and company officials say they haves no plans of slowing down.