As one of Hamilton Crossing Centre’s key tenants prepares to close its doors, the future of the Kite Realty development along Meridian Street in Carmel remains unclear.
The city is considering eliminating the highway’s Corridor Overlay, which prohibits residential use and restricts retail, parking, and building locations and sizes.
More than $235 million worth of development is anticipated or already under construction along the roadway through Carmel and Westfield—and that doesn’t include a handful of the projects with undisclosed costs.
A stretch of U.S. 31 through the northern suburbs of Indianapolis reopened to traffic Tuesday after being closed since April.
Crews are scrambling to reopen U.S 31 in Carmel by Thursday—giving beleaguered business owners in the construction zone another reason to be thankful this week.
Westfield City Council is delaying a decision on a $3 million plan to erect two concrete-and-steel towers at a prominent U.S. 31 intersection.
INDOT plans to close a chunk of U.S. 31 in Carmel on or after April 4 through Thanksgiving. The closure was originally planned for 2015, but prep work was completed ahead of schedule.
A $141 million contract includes interchange improvements at Interstate 465 and new roundabout interchanges at 106th, 116th, 131st and 136th streets.
The Federal Highway Administration report found Indiana Department of Transportation records were adequate and sufficient.
INDOT still plans to complete project three years sooner with traditional financing.
Traffic authorities are looking to control development that might follow the project upgrading parts of U.S. 31 between Indianapolis and South Bend.