Developers propose $324M in apartment developments in Carmel

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10 thoughts on “Developers propose $324M in apartment developments in Carmel

  1. Another whiff by an IBJ reporter ….
    The Carmel version of “affordable housing” … which as you should know, Mr Bradley, is a term of with a specific definition in the housing industry.
    So, how does the Carmel version: “workforce housing … for residents who make 50% of the area median income” compare to actual” compare to “affordable housing” (and what is being used as the definition of AMI, Hamilton County or the MSA?) Not too late to update this story.

  2. Im not sure why anyone should be surprised or offended by the ecosystem suburbs like Carmel, Fishers and others are developing nationwide. Fluent areas like these have always had a hidden agenda to attract a certain type of clientele. I personally don’t have an issue with a community setting standards and a quality of life that can only be afforded by those that have the income. There’s always been the have’s and the have not. This is an example of standard capitalism society make up.

  3. Not racism; that’s dumb. There are just as many Scots Irish appalachains — “hillbillies” to use JD Vance’s word — who wld be cultural misfits in Carmel.

    And this is most certainly NOT “standard capitalism.” Capitalism has NOTHING to do with class separation; in fact, historically, quite the opposite.

    My only point is that it is negligent journalism to let this news release promote the idea of “workforce housing” as if it is somehow “affordable housing” … which as the principal tenant of this develpment knows better than anyone, has a very specific meaning and this ain’t it.

    It is very difficult to have an informed public when a paper like the IBJ can’t produce high quality journalism. To produce good journalism, you actually need some reporters who are old enough and experienced enough to know something …. OR certainly editors who are paying attention to missing details and questioning the spin of the promotional news release. This one was just an obvious gaffe.

  4. BUT …. KUDOS for updating the story.
    Sometimes I don’t think the IBJ understands that it is the “paper of record” in Indianapolis and far and away the most important journalistic enterprise in our city.

    1. The IBJ has historically been a good business news journal, and it remains so, but to state that it is the “most important journalistic enterprise in our city,” either is something said with your tongue planted firmly in your cheek, or a not very flattering comment about the state of the local news media in Indianapolis.

  5. …. and by the way, when it comes to getting lower skilled workers — lower paid workers — into a local workforce, THE public investment in this TIF is infinitely better public policy than misguided efforts to subsidize “mass transit.”

    While there are still way too many “gated communities” — an oxymoron — this is a hopeful sign of a return to a “neighborhood” that includes many strata of income living in community. In those olden days, it was common culture, not common income, that created community. That will take more effort, but would be well worth it.

  6. Carmel Needs to post signs at all borders of its city : “Come Back Later, City Under Construction” If you are hoodwinked into trying to move or do business here Don’t. As if you do (Our round about construction and “Diet sizing our streets with new medians will cut off your customers access”.. Oh yes we are told by a council person that traffic planning is not a serious issue for our growth as indicated here, since most are now working from home due to the pandemic. Planning and solid architectural standards is lacking big time and inconvenience of and to our citizens with continual detours year after year and now with higher gas prices goes with a blind eye to this administration. A complete change of the character of our city and its demographics so big buildings can generate more tax revenue so our administration can continue to spend spend spend all in the guise of progress.. SAD. Don’t blame the developers taking advantage of the ability to be welcomed by an administration who hates traffic signals, prefers high density and is welcoming significant New York style living. Check it out folks, Planning with strong emphasis on future and aesthetics is a complete void and failure here. Nuff said/

    1. I agree with some of your position but Carmel has left the station and the train is full steam head. There’s obvious no turning back now for Carmel or Fishers at this point. Its almost to be expected the growth that’s going on it Carmel, Fishers, Westfield and Noblesville eat

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