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Council advances North End Phase 2 TIF bond; redevelopment projects and Republic headquarters update
Summary
Council members heard a redevelopment update from the city's redevelopment director, discussed funding and public benefits for Ardalan Plaza and Hamilton Crossing, and approved an economic-development bond resolution for North End Phase 2 after the economic development commission vote.
The Carmel Common Council on Monday advanced funding for the North End Phase 2 redevelopment project and heard updates on multiple downtown and North End construction projects, including a new Republic headquarters and related parking and hotel components.
Henry Mestetsky, Carmel's redevelopment director, told the council that multiple projects are under active construction around the Arts & Design District and downtown, including Monon Square North, Icon on Main and the Ardelan Plaza ground-breaking. He said the economic development commission had approved the North End Phase 2 project earlier the same day, clearing the way for council consideration of…
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