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Mayor: Monon Trail improvements progressing; Monon Square food hall 'no update' and costly
Summary
Mayor Finkham updated attendees on Monon Trail extensions and downtown development timelines; she said the Monon Square food hall has no current funding and estimated a $50 million price tag, calling it effectively 'dead' for now.
Mayor Finkham praised progress on the Monon Trail between City Center and Midtown and described continuing construction phases and an upcoming shade structure. On downtown development she said residential and commercial construction is progressing and estimated openings in late 2027 or early 2028 for some units.
On the Monon Square food hall concept, the mayor was blunt: "There's no update. I mean, it's $50,000,000 a city, dollars to build, and we don't have it. Dead." She said the city will continue to work on development plans but noted funding constraints. Residents were directed to the city's social media and project viewer for details and to email mayorcarmel@carmel.in.gov for follow-ups.
