Carmel developer plans rooms with a view

May 9, 2013
Back to TopCommentsE-mailPrintBookmark and Share

Construction is expected to begin this summer on a $6 million development at Carmel’s City Center that includes luxury apartments overlooking the Monon Trail.

Developer Anderson Birkla’s The Mezz project, named for swank mezzanine-level seating at the neighboring Palladium, is a pair of five-story mixed-use buildings on either side of the James Building, which houses the Tarkington Theater among other tenants. (The grassy Center Green in between the Palladium and the James is the site of the Carmel Farmers Market.)

To the east is the 25,000-square-foot Mezz on the Monon, nestled between an existing parking garage and the trail (and, a bit farther, the City Center restaurant-and-retail hub). High-end apartments are planned for the top four levels, with amenities—think fitness center, bike storage and resident lounge—on the first floor.

The Mezz on the MononLuxury apartments overlooking the Monon Trail are planned for the top four floors of The Mezz on the Monon. (Rendering courtesy of CSO Architects/city of Carmel)

On the other side of the James along Third Avenue: the 40,000-square foot Mezz on 3rd, which will house Anderson Birkla’s corporate headquarters and four floors of so-called luxury apartments. A total of 44 units are planned between the two buildings.

Founded in 2007, Carmel-based Anderson Birkla Investment Partners LLC has about 40 employees and is growing as it diversifies from development into construction and property management, partner Tony Birkla said Wednesday at a trail-side ground-breaking ceremony.

Work will begin as soon as permits are approved, he said, and the company hopes to move in by the end of the year. It now leases space in the North Meridian Street office corridor.

The city says the company already has spent $300,000 on development fees for the project, and it’s paying another $700,000 for the land over six years. The property was owned by the Carmel City Center Community Development Corp. (known informally as 4CDC), under city control since late last year.

Carmel number crunchers estimate The Mezz will generate $112,000 in property-tax revenue each year, and that the buildings’ tenants will contribute another $25,000 in income taxes.

Mayor Jim Brainard said City Center has attracted more than $300 million in private and public investment since the city announced the ambitious redevelopment project over 15 years ago—at a similar ceremony in an abandoned strip mall a stone’s throw from Wednesday’s shovel fest.

ADVERTISEMENT
  • Looks like an office building
    This rendering looks like an office building not a luxurious place to live, IMO.

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. Hello Dear Are you tired of Seeking Loans and Mortgages,have you Been Turned down constantly By your banks and Other Financial Institutions or Micro Finance scheme. This is let you know with 100% guarantee that we Offer loans ranging from $1,000 Minimum to $1,000,000.00 Maximum at 3% interest rate per Month. We give out LOANS for developing business. a competitive edge/business expansion. email address: michealscottloan124@gmail.com We offer the following kinds of loans and many more; * Personal Loans ( Unsecured Loan) * Business Loans ( Unsecured Loan) * Consolidation Loan * Combination Loan * Home Improvement * Xmas Loans for contact to seek for loan email this email address: michealscottloan124@gmail.com Thanks

  2. My name is Mr Henry Josh and i live in the USA California and life is worth living right now for me and my family and all this is because of one man sent by GOD to help me and my family, i once had a life filled with sorrow because my first SON needed a kidney transplant and all our savings were going towards his medications and this normally leaves us with no money to pay our bills or even put enough food on our table and our rent was due and no funds to pay these bills and life felt so unfair to me and every night my wife will cry herself to sleep every night until one day, i was browsing through yahoo answers and i saw a striking advert of a man that gives out personal loans and that the offer is opened to all and i have heard so many things about internet scams but at this point of my life, i was very desperate and ready to take any risk and at the end of the day, i applied for this loan and from one step to another, i got my loan within 12 hours through bank transfer and you know, it was all like a dream and i called Mr Daniel Jones A Man who is the GOD sent lender i found and said, i have received my loan and he smiled stating that to GOD be the glory and i was so shocked as i have never ever seen anyone with such a GOD fearing and kind heart and today, i am the happiest man on earth because by GOD’S grace, my SON kidney transplant was successful and today he is healthy, i and my family are living very comfortable and happy and if you are in my former situation or in serious and legitimate need of a loan, you can reach this GOD sent lender via fidelityloanfirm@outlook.com

  3. Greetings to everyone reading this comment!!! I am Greg William by name. I am out here to recommend the effort of Mark Oscar,I was in need of a consolidation loan amount of 50,000 and as soon as I got in contact with Mark Oscar Loan Firm on Wednesday last week and on Friday last week as well I receive an alert from my bank(Royal Bank of Scotland Group) that the fund was transferred,I want everybody on this site to contact Mark Oscar now via email on how to get a loan because I got my loan from them and I am very happy,so contact them now. Oscarloanfinance@hotmail.com Thanks!!!!!!

  4. Elected officials, like Mourdock, get vested in 8 years. It takes 10 years for all other public employees, most of whom make a lot less money. So much for the promise to finish out his term.

  5. Great state treasurer and a good man!! Just curious if the folks who didn't quite understand his quote would like to tell my daughter-in-law that God didn't intend her! Mourdock's comment was correct but twisted and the article didn't mention that his opponent and the press let the impression stand that Mourdock meant that the rape was intended. Stupid people!!

ADVERTISEMENT