2016 TOP STORIES: Development boom hits Carmel, Westfield

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Massive real estate developments continued to roll into Hamilton County in 2016, especially in Carmel and Westfield.

In Carmel, multiple projects moved dirt this year after months—and in some cases years—of planning and discussion.

The long-awaited Midtown development between City Center and the Arts & Design District broke ground on several buildings and secured a few high-profile tenants.

Construction has started on a five-story, 135,000-square-foot building that Carmel-based Allied Solutions announced plans for in January and on a 580-space parking garage that will connect to the $33 million Allied Solutions building.

Plans were also filed this year for the two-story distillery and taproom Sun King Brewing Co. expects to open next year in Midtown, and for a 206-unit apartment complex that will be on the south end of the same property.

City Center is also finding momentum again after years of little activity. The $14 million Park East parking garage started construction this year, as well as the four-story Baldwin/Chambers commercial and retail building. A 20,000-square-foot office building for Pedcor Cos. is also underway.

In Westfield, several ambitious projects were proposed this year, but construction could still be months away.

In November, EdgeRock Development LLC revealed preliminary plans for a mixed-use development that could cost as much as $200 million.

Known as the Grand Millennial Center, the project could include a convention center, YMCA, hotel, civic center, office space and housing. It would be on the east side of U.S. 31 and south of State Road 32, stretching from Park Street to 169th Street.

Indianapolis-based Platinum Properties Management Co. LLC introduced a proposal for a 265-acre mixed-use project known as Drexler Woods that would bring single-family homes, attached housing and commercial uses to the property directly northwest of Grand Park Sports Campus. It would be the first development to border the nearly 400-acre youth sports center.

A 10-year-old project was also pulled off the shelf this year in Westfield. Developer Chris R. White still hopes to move forward with his $300 million Aurora development that would be near the southeast corner of U.S. 31 and State Road 38. It would include office, retail, commercial and residential components.

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In