Developer launches $19M apartment project in Carmel

July 6, 2011
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One One Six CarmelLocally based J.C. Hart Co. has broken ground on a $19 million apartment community at the northeast corner of 116th Street and College Avenue in the Carmel Performing Arts District. The "urban inspired" One One Six Apartments will feature 191 units in nine buildings including two loft-style structures served by elevators and designed to appeal particularly to active seniors. The City of Carmel supported the project with a $2.1 million tax-increment revenue bond. Key Bank provided the private financing. The project should be ready for occupancy by next summer. (Click the image for a PDF of the rendering by Indianapolis-based Weaver Sherman Design.)

Elsewhere:

  • Barley Island Restaurant & Brewhouse has closed in Broad Ripple, a few months shy of its two-year anniversary. The prime corner spot at the southeast corner of Broad Ripple and College avenues previously was home to Scholars Inn Bakehouse.
  • Zoup! Fresh Soup Company is opening its first central Indiana location, on West Carmel Drive between Pennsylvania and Old Meridian streets in Carmel. The Michigan-based chain has 33 locations in nine states. The restaurants serve a rotating 12 varieties of soup each day, along with sandwiches and salads.
  • J. Razzo's, a new Italian restaurant from the veteran restaurateur John Perazzo, is under construction in Carmel. The new restaurant and cafe at 12501 N. Meridian St. will serve local wine from Rettig Hill Winery and homemade pastas and breads.
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  • Prime Corner
    What is it about the space at the intersection of BR Blvd and College that no one can survive there. The rents must be out of this world!

    BTW, the design of the Carmel apartment community....not attractive.....AT ALL!
    • MORE Vacancies and waste
      More EMPTY vacancies, and the People
      of Carmel Indiana, the TaxPayers,
      will be stuck with this, too!!
      Another waste of good money.
    • Huh?
      In the "Carmel Performing Arts District, at 116th and College? Hardly. That nearly two miles away from the PAC. And the design? Again, Carmel breaks no new ground.
    • Barley Island
      I wonder if Thr3e Wise Men - put a dart in Barley Island. Anyway - unhappy to see any business close-up shop. ESP in a high profile corner...
    • Barley Island
      Barley Island was terrible. I made one stop there, trying to support a local business. They only had two of the six beers listed on their menu and the food was terrible.

      I don't think it's the corner that's cursed, it was just a bad restaurant. However, the proximity to parking at that corner likely hinders business some. If the new garage goes where Corey's story states, then perhaps it will help this.
    • 116th & College?
      116th and College is not in the Carmel Performing Arts District. That intersection is closer to Home Place. Something needs to be corrected in this story....
    • Carmel or Williamsburg?
      What's up with this Georgian architecture? Carmel needs to try something else, something unique to their City instead of recreating Williamsburg. They need some eclectic architecture to make it more urban. This is definitely getting old.
    • Barley Island
      Half the time I never knew if that place was even open. The windows were dark and you couldn't tell if anyone was inside. And why would you want to go into a bar if there's no one inside?

      And I guess now I know that there probably wasn't anybody inside.

      And that location wasn't the only place where Scholars Inn failed. They used to be downtown where Mesh now is.

      It's a shame however that businesses keep failing there.
    • Location
      The developers say this is "considered part of Carmel's Performing Arts District." Anyone got a map to prove otherwise?
      • Uninspired
        Nothing about that rendering makes me want to live there. Looks like a 1980's apartment building to me. Maybe that is what the developer is after though *shrug*
      • Location
        Carmel Arts and Design District? Just look at Google maps (or other). It's closer to the North Meridian office parks (very close.) The developer is lying or stupid. Impression of the design is "lame". Curt (above) said it well.
      • Not Carmel A&D District
        This is not in the Carmel Arts and Design District, any comment from the devleoper not withstanding. It's only a long block from 116th and Penn, far from the A&D District. From the A&D website: If you'd like to MapQuest our location, use this address:

        111 West Main Street, Suite 140 - Carmel, Indiana 46032.

        And this, as well: Located in the heart of Old Town Carmel, Indiana, the Arts & Design District is the Midwest’s premier arts and design destination.

        Cory: Maybe you could get a clarification from the devleoper and issue a correction? As stated, it looks like the press release is trying to capitalize upon an area of which it is not a part. (And this is a strange location for apartments, I would think.)
      • RipOff
        commercial real estate is the main cause of places going under. rent is outta control!!!
      • 116th & college
        If 54th st can be considered Broad Ripple then 116th st can be the Arts & Design district
      • White Castle
        I think a White Castle would do good in the former Barley Island space. Afterall it is close to all the bars and since most people claim they can only eat them when they are drunk it would be a perfect fit.
      • Good Use
        Looks like it will be similar to product at 146th and River. If so it will look good. Hope it helps activate the retail in that area.

        I would be this rental product is absorbed. After all, it's on the doorstep of the 2nd largest employment corridor in the state.
      • Map
        District map is here:

        http://www.carmelartsanddesign.com/FEATURES/districtmap/images/ARTSDISTRICT.pdf
      • urban in Carmel?
        I love the "urban inspired" guote in regards to the apartment design, LOL!!!! Does anyone in Carmel know what urban means? Maybe a dictionary would be a good start. It's too bad Carmel is developing at such an unnatural pace.......a wasted investment.
      • Cardinal Fitness?
        Can you give us some information on the potential rezoning of the Cardinal Fitness location in Broad Ripple into a Kilroy's? I'm a member of the gym and have heard nothing until I saw a note from the BRVA Land Use meeting in the Broad Ripple Gazette.
      • Carmel Development
        Micah. Carmel does understand what the new Urbanism movement is all about and its core is slowly but surely moving in that direction. I would invite you to visit Carmel this weekend and you will be pleasantly surprised. The Carmel Farmers Market alone is seeing up to 600 bicycles on a Saturday morning. Downtown Main street is vibrant with a multitude of new residents and shops. Give Carmel another 15-20 years and its core will be truely walkable. If you do a litte research you will may find that BroadRipple saw similar type development when it was considered the burb of its day.
      • Carmel IS getting urban
        Look at old towne and city center. Lots of examples of multi-story, mixed-use buildings pulled up to the street.

        Obviously, Hart's latest project isn't urban. I would call it dense suburban though. This is a good location for the product and will allow some to walk to work and will certainly help activate the struggling retail at 116th and Guilford.

        Let's also recognize this is somewhat affordable and will give more income levels access to good schools, carmel employments corridors, etc.

        Nice work Carmel for having the vision to allow for this type of project in this location.
      • Map?
        Google it. That is all the map you will need.
        I live in Carmel and have never heard of the performing arts district. Maybe you are referring to the Arts and Design District, which is clearly marked and this project is well outside.

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      1. If I were a developer I would be looking at the Fountain Square and Fletcher Place neighborhoods instead of Broad Ripple. I would avoid the dysfunctional BRVA with all of their headaches. It's like deciding between a Blackberry or an iPhone 5s smartphone. BR is greatly in need of updates. It has become stale and outdated. Whereas Fountain Square, Fletcher Place and Mass Ave have become the "new" Broad Ripples. Every time I see people on the strip in BR on the weekend I want to ask them, "How is it you are not familiar with Fountain Square or Mass Ave? You have choices and you choose BR?" Long vacant storefronts like the old Scholar's Inn Bake House and ZA, both on prominent corners, hurt the village's image. Many business on the strip could use updated facades. Cigarette butt covered sidewalks and graffiti covered walls don't help either. The whole strip just looks like it needs to be power washed. I know there is more to the BRV than the 700-1100 blocks of Broad Ripple Ave, but that is what people see when they think of BR. It will always be a nice place live, but is quickly becoming a not-so-nice place to visit.

      2. I sure hope so and would gladly join a law suit against them. They flat out rob people and their little punk scam artist telephone losers actually enjoy it. I would love to run into one of them some day!!

      3. Biggest scam ever!! Took 307 out of my bank ac count. Never received a single call! They prey on new small business and flat out rob them! Do not sign up with these thieves. I filed a complaint with the ftc. I suggest doing the same ic they robbed you too.

      4. Woohoo! We're #200!!! Absolutely disgusting. Bring on the congestion. Indianapolis NEEDS it.

      5. So Westfield invested about $30M in developing Grand Park and attendance to date is good enough that local hotel can't meet the demand. Carmel invested $180M in the Palladium - which generates zero hotel demand for its casino acts. Which Mayor made the better decision?

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