Commission approves three residential allocation areas in Flora, North End and 146 & Town

The Carmel Redevelopment Commission approved three declaratory resolutions to create or amend residential housing allocation areas intended to support upcoming residential projects.

For the Flora residential housing allocation area (Resolution 2025‑22), staff said they will remove about 90 parcels from the existing Flora commercial allocation area and place them into a new residential allocation area to support site infrastructure and project readiness. Staff indicated the contribution to the project will be negotiated with the developer and is likely to be a direct contribution rather than an issued bond. Commissioners asked clarifying questions about which parcels are existing versus proposed captures and whether the units are family‑oriented; staff said the residential product is townhomes/brownstones with capacity for families and that occupancy profiles will be learned as projects advance.

For the North End residential housing allocation area (Resolution 2025‑23), staff said earlier Phase 1 infrastructure and economic development bonds created the conditions to now capture increment from roughly 31 residential units under current state law; commissioners approved the declaratory resolution.

For the southeast corner of 146 and Town (Resolution 2025‑24), staff described a new allocation area expected to yield about 50 residential units. Commissioners noted prior controversy around a denser version of the project and said the plan commission and city council approved a lower‑density, traditional‑neighborhood outcome. The commission approved the declaratory resolution and staff said they will continue negotiating developer contributions.

All three resolutions were moved, seconded and approved by roll-call votes recorded in the meeting minutes.