Indiana Mayor Drives the Remaking of an Indiana City
Submitted by Steve on July 2, 2014
From Keith Schneider, for The New York Times:
The Arts and Design District set the stage for much of Carmel’s development over the last decade. Since 2005, just over $70 million has been invested by the city and private developers in nearly 300 new residences and dozens of new businesses that encompass almost 900,000 square feet of renovations and new construction, according to city records. The district is anchored by the $25 million, 156,000-square-foot Indiana Design Center…
The center, which opened in 2010, features interior design stores and the offices of professional decorators. The city also approved over 200 new residential units in several luxury loft and apartment buildings, and two 16,960-square-foot retail buildings for shops and restaurants, built at a cost of $5.25 million.