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Presenter says planned 912-unit multifamily project would likely have small impact on Carmel Clay Schools
Summary
A presenter at the board meeting described a CRC development plan with 58 townhomes and 912 multifamily units, saying some units would be workforce housing but many could be luxury apartments; he estimated a modest student impact and flagged a separate Republic Center project as creating about $355,000 per year in referendum impact to district finances.
A presenter at the meeting outlined a proposed CRC development that would include 58 townhomes and 912 multifamily units, and said the mix of unit pricing means the development would likely have only a small effect on Carmel Clay Schools enrollment.
The presenter said some of the 912 units "would be priced such that they would be considered workforce housing," while adding that other units were described…
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