A growing medical billing firm based in Carmel is developing a new headquarters building just west of its existing headquarters.
Zotec Partners, through its affiliate ZP Investments LLC, has requested a development variance to build a 5-story, 120,000-square-foot building with a 463-space parking garage on 7.5 acres at the southeast corner of Illinois Street and Fidelity Way.
Zotec, which intends to move from its existing space at 11460 N. Meridian St., focuses on specialized medical billing and practice management services, and was founded by CEO T. Scott Law in 1998. In addition to its Carmel headquarters, the company has offices in Florida, Texas, Georgia, California, Nevada, New York and Pennsylvania.
The company would be the sole occupant of its new building. Planning documents don’t indicate how much Zotec Partners would spend on the building, and Law could not be reached for comment.
The building site is across Illinois Street from The Bridges mixed-use development. Even though it's not technically within The Bridges, it falls within The Bridges planned unit development, which allows for an office building on the site but calls for “prairie style architecture” to match the existing buildings in the development. Zotec Partners is proposing modern-style architecture it said would complement other corporate headquarters nearby, including the new KAR headquarters immediately southeast of the site.
In addition to a variance, the petitioner has requested site plan and design approval from the Carmel Plan Commission.
The new building will give Zotec Partners the space it needs to grow and will allow it to keep its headquarters in Carmel, the petitioner stated in documents filed with the city.
The project received a public hearing at Tuesday's Carmel Plan Commission meeting and is being forwarded to its commercial committee for further discussion. The commercial committee meets next on March 28.
Prior to the meeting, at least one resident from the nearby Spring Mill Place subdivision wrote to city officials with concerns about the project, including the height of the building and parking garage, saying five stories is too tall for that area.