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$650K homes as “move down” houses for empty nesters? LOL.
Really?!? A developer who knowing that townhomes had no chance, submits a plan w/ townhomes then gets a parade thrown for them by City councilors for “drastically” revising their development after listening to feedback. Congrats Carmel City Council members, you just got had by one of the oldest developer ploys in the business. Nice job.
I sure hope it is a better quality house than they have built in Indy. At $650K I think the Carmel folks may have gotten fooled.
And this push by the city and council comes after the year long “housing study” that determined there is not enough affordable housing in Carmel. Aasen thinks people are going to downsize their larger but less expensive houses to move into more expensive smaller houses opening up housing. Real logic