Camel City Center

Carmel has begun planning for the new 15 acre, $200 million downtown located at the southwest corner of Range Line Road and City Center Drive.  This project promises to be one of the cities finest and raise eyebrows across the nation.  Carmel City Center is planned as a collection of high end dinning, shopping, condominiums, penthouses, office and retail space, a concert hall, and a boutique hotel. 

There are 230,000 square feet of independent stores and restaurants slated along with 170,000 square feet of office space, a 102 room boutique hotel, a 1,600 seat concert hall and a 500 seat community theater.  Pedcor, the developer of the project, says the majority of the commercial space will be occupied by independent retailers and restaurateurs.  On the residential side, there are 300 high end condos including 11 penthouses proposed for the project.

I don’t know why, but I am particularly excited about this project.  To me this seems like it might be a smaller more user-friendly West Clay.  Don’t get me wrong, West Clay is a planning and architectural masterpiece however, for me it just doesn’t have that certain Je ne sais quoi that I hope this will. 

While this project alone will not change the face of the Carmel real estate market, it will greatly add to the prestige and allure of living in the already desirable Carmel.   Of course, if you looking to buy one of those $1,000,000+ penthouses in the Carmel City Center, Rebate Real Estate will offer a 50% commission rebate.

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