Is Carmel's Midtown delay necessary or NIMBY?

April 18, 2013
Back to TopCommentsE-mailPrintBookmark and Share

Carmel city councilors say their refusal to rubber stamp a state tax credit application paving the way for a $100 million redevelopment project downtown is the result of fiscal caution, not a rejection of low-income housing in the affluent suburb.

“City Council is concerned about the budget,” said Finance Committee Chairwoman Luci Snyder. “Things are a little tight.”

Developer Pedcor Cos. hasn’t asked for financial support for the so-called Midtown project on former industrial land near the Monon Trail, but councilors suspect that plea will come eventually. And that has them treading carefully now.

The city bailed out the Carmel Redevelopment Commission last year, taking on $184 million in debt when the agency had trouble making payments.

“I remain concerned about the state of TIF revenue versus debt service,” council President Rick Sharp said Monday after the panel sent the tax-credit request to the Land Use, Annexation and Economic Development Committee for review. “I would prefer that future development be driven by the market, not the ability to get financing.”

Councilors also were irked that they were asked to OK the application before they had been briefed on development plans. They also were concerned about a persistent rumor—dispelled by Pedcor CEO Bruce Cordingley on Wednesday—that the development would include affordable housing, something members said would do little to spur economic development in the area.

“Whether we like or don’t like low-income housing is not the issue,” said council member Eric Seidensticker. “The question is whether we put low-income housing there. We want to maximize the land in terms of the highest and best use. … It becomes a business decision.”

The Midtown area is between Carmel City Center and Main Street, where the city and private developers have invested hundreds of millions of dollars already. Future projects need to support what’s already there, councilors said.

Still, some observers interpreted the council's concerns as an indication that low-income renters are not welcome in Carmel. Seidensticker disputed that criticism, saying locally based Herman & Kittle Properties' Meridian Flats project has an affordable-housing project in the works for Old Meridian and Main streets.

What’s your take on the controversy?

ADVERTISEMENT
  • Heaven forbid...
    ...that any of the low-to-moderate income service workers in "downtown Carmel" should be encouraged to live there and walk or bike to work. They should ride the bus! Oh, wait...
  • Whats wrong with Nimby?
    I often wonder, why the term "NIMBY" is used in such a derogatory way. After all, if people don't watch out whats in their back yard, who will? Thats been proven time and time again in the Carmel area.
    • NIMBY IS NOT A COMPLIMENT
      NIMBY refers to the mentality of someone who wants the benefits of living in society, but does not want to accept any of the responsibilities/perceived burdens. Taking care of your neighborhood is one thing, but pushing out everything that is necessary, but may not fit into your ideal of a perfect place, just so that someone else can deal with it is neither fair, responsible, or ultimately beneficial for either the community or society at large. It is important to note that there are no plans to build low-income housing, nor would the TIF designation suddenly allow such housing to be built. TIFs have nothing to do with zoning or permit review. That said, Carmel needs affordable housing just like any other community. Even the very conservative and upscale city of Irvine, CA has long recognized that a bunch of expensive homes sitting in isolation does not create a self-sustaining community. Who is going to work in the restaurants, stores, etc? Since 1970 Irvine has had an affordable housing mandate, where a certain percentage of residences need to be affordable, and this policy was put in place long before so-called "progressive" places like San Francisco, Seattle, Portland, etc. enacted similar policies. Similarly, Carmel needs to ensure that some of the housing built in the community is safe and adequate housing for the working families who support the businesses that serve the community. You cannot have the benefit of having people serving you and then not provide options for them to buy or rent a place reasonably close to where they work.

    Post a comment to this blog

    COMMENTS POLICY
    We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
     
    You are legally responsible for what you post and your anonymity is not guaranteed.
     
    Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
     
    No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
     
    We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
     

    Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

    Sponsored by
    ADVERTISEMENT
    1. I had read earlier this spring that Noodles & Co was going to open in the Fishers Marketplace (which is SR 37 and 131st St, not 141st St, just FYI). Any word on that? Also, do you happen to know what is being built in Carmel at Pennsylvania and Old Meridian? May just be an office building but I'm not sure.

    2. I'm sorry, but you are flat out wrong. There are few tracks in the world with the history of IMS and probably NO OTHER as widely known and recognized. I don't care what you think about the stat of Indy Car racing, these are pretty hard things to dispute.

    3. Also wondering if there is an update on the Brockway Pub-Danny Boy restaurant/taproom that was planned for the village as well?

    4. Why does the majority get to trample on the rights of the minority? You do realize that banning gay marriage does not rid the world of gay people, right? They are still going to be around and they are still going to continue to exist. The best way to get it all out of the spotlight? LEGALIZE IT! If gay marriage is legal, they will get to stop trying to push for it and you will get to stop seeing it all over the news. Why do Christians get to decide what is moral?? Why do you get to push your religion on others? How would legalizing gay marriage expose their lifestyle to your children? By the way, their lifestyle is going to continue whether gay marriage is legalized or not. It's been legal in Canada for quite a while now and they seem to be doing just fine. What about actual rules handed down by God? What about not working on Sundays? What about obeying your parents? What about adultery? These are in the 10 Commandments, the most important of God's rules. Yet they are all perfectly legal. What about divorce? Only God is allowed to dissolve a marriage so why don't you work hard to get divorce banned? Why do you get to pick and choose the parts of the Bible you care about?

    5. Look at the bright side. With the new Lowe's call center, that means 1000 jobs at $10 bucks an hour. IMS has to be drooling over all that disposable income. If those employees can save all their extra money after bills, in five years they can go to the race LIVE. Can you say attendance boost?

    ADVERTISEMENT