[Source: IBJ]  An Indianapolis-based developer is planning to build 230 townhouse and apartment units on the north side of Lebanon.

The development called Paddock Place would bring the number of housing units planned to more than 700 near the future Eli Lilly and Co. manufacturing campus under construction at the LEAP Lebanon Innovation and Research District. LEAP is an acronym for “Limitless Exploration/Advanced Pace.”

Spectra Student Living, headquartered in downtown Indianapolis, submitted plans to build Paddock Place on 15 acres on the south side of County Road 300 North, west of State Road 39.


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