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Carmel mayor briefs Prospect council on plan, charrette scheduled for mid‑January

City of Prospect City Council · November 18, 2025
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Summary

Jim Braynard, mayor of Carmel, Indiana, told Prospect council that a public‑private partnership and a master‑planning team will begin a design charrette the week of Jan. 12–16 to sketch a walkable downtown, and described legal and financing steps including annexation and potential TIF financing.

Jim Braynard, mayor of Carmel, Indiana, told the Prospect City Council on Nov. 17 that a multi‑firm master‑planning team and financing advisers are preparing to design a walkable downtown for Prospect through a public‑private partnership.

Braynard said the project team — which the city has engaged along with developer Wes Johnson and financial advisers Baker Tilly — will hold a weeklong design charrette in mid‑January. "What you're gonna have in Prospect is something that many, many suburbs don't have, and that's a walkable, pedestrian friendly downtown," Braynard said, describing the charrette as a concentrated period when planners will sketch options and meet stakeholders.

Why it matters: Braynard framed the project as a once‑in‑a‑generation effort to shape the city's street layout, parks and development pattern. He described steps the city is already taking: retaining master planners (including firms connected to Jeff Speck and Mike Watkins), hiring engineers, and engaging a tax‑increment financing attorney to draft the project agreement that would define public and developer responsibilities.

Council and staff pressed Braynard on timing and legal process. He said the annexation route chosen is governed by Kentucky statute and estimated the statutory timeline at roughly 75 days from initiation; council will be asked to authorize the annexation ordinance and could hold a special meeting to conduct second reading if schedules require it. Braynard added that the charrette schedule allows two stakeholder review sessions midweek so residents can respond to sketches as they develop.

Details from the presentation included outreach to public safety and transportation agencies to coordinate road, utility and safety requirements, and plans to integrate public art, streetscape and a potential center green. Braynard said advisers will produce preliminary cost and infrastructure needs after the charrette, which staff and the developer will use to work through TIF structuring and bond‑sale materials.

Next steps: City staff said they will host the charrette activities and publish opportunities for public participation on the city website. The council expects follow‑up ordinances related to annexation and project agreements once negotiations advance.