HomeMy WebLinkAboutPacket for CC 03-21-22
MEMORANDUM
Date: February 10, 2022
To: Carmel City Council
From: Mike Hollibaugh
Re: Ordinance Z-675-22
The City is seeking to rezone the property at 1017 W. Main Street from the Urban Core (UC)
District to the C-2 Mixed Use District.
The property consists of two parcels totaling 5.34 acres located in the SE quadrant of West
Main Street and Old Meridian Street. There are two buildings on the property:
1. 35,500 square foot strip retail building dating back to 1966
2. 1925 square foot free standing retail building, built in 1969
Rezone Explanation:
This C-2 rezone is proposed to position the subject real estate for a future redevelopment
project that will be designed consistent with Old Meridian Sub-area plan, including building
design and walkability. While no site or building plans have been filed with the Department, a
project at this location is expected to be a multistory building with a mix of residential and
retail, much like other development approved nearby since 2016.
It is anticipated that a redevelopment project here will include a formal project agreement and
request for TIF for public infrastructure, such as a public parking facility or transportation
improvements.
A redevelopment project here will be subject to vigorous TAC review and CRC design
approval. A public hearing for a Development Plan and ADLS will be held by the Plan
Commission Hearing Officer after public notice is made, when a project is in shape to be heard.
This rezone comes from the Carmel Plan Commission with an 8-0 favorable recommendation,
with a deadline for Council action of Wednesday, May 18, 2022.
The property owner is aware supportive of this rezone proposal. There is no timeline for a
redevelopment project.
Enclosed please find the following supportive materials:
• Exhibit A, a Site Aerial Map and Zoning Map of the site and adjacent property.
• Exhibit B, Old Meridian District maps
Zoning Map
SITE
1017 W Main Street
UC Zoning
SITE
1017 W Main Street
EXHIBIT A
Site Aerial Map
EXHIBIT B
Old Meridian District Sub-Area Maps
Approx. Site
Location