DINING ENTERTAINMENT SHOPPING Proscenium is a unique community that combines the ease of upscale living with the luxury of retail shops and dining options right outside your front door. Perfect for young professional or active, mature adults. Proscenium lets you enjoy life with the convenience of having it all just steps away. Living at Proscenium means living life, center stage.
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BY THE NUMBERS & OVERVIEW Mixed Use Retail, Residential, Office Parking Spaces 100,000 sf of office space Up to 28,000 sf of retail space 224 luxury residential units Total = 398,859 SF 6.51 acre site Garage parking Secured parking Street parking Plaza parking Private parking Total parking 445 spaces 33 spaces 39 spaces 56 spaces 50 spaces 623 spaces Overview This design represents an opportunity for the City of Carmel to gain a vibrant, interactive, mixed-use community with notable adjacencies and linkages to City Center, the Government Center the Arts District and general downtown commercial district. Fundamental to this proposed design, a community of luxury apartments and complementary retail and commercial uses will adjoin the public domain and greater Carmel community via active and thoughtfully conceived streetscapes along important boundary roads of South Range Line Road and Carmel Drive and new streets Veteran s Way to the West and Executive Drive to the North. A prominent main development entrance for pedestrians and vehicles will be provided off of South Range Line Road while a distinctive pedestrian promenade will pass through the site along its North-South axis, welcoming pedestrians to enter the site from both Carmel Drive to the South and a new roundabout on the Northwest corner. The architectural character of the development is intended to enhance the built fabric of Carmel and to embody quality through materiality and detailing. 4
SITE PLAN RETAIL / 5
OFFICE/RETAIL RETAIL AVAILABILITY Up to 6,700 SF HIGHLIGHTS Large partially covered outdoor patio. Direct access from the parking garage. OPPORTUNITY The Agora is a 4-story, 100,000 SF office building anchoring the office component of Proscenium. The building with its dominant profile on the busiest roundabout of Carmel Drive and Rangeline Road will present office tenants unparalleled exposure and synergistic amenities. Central access to Keystone Avenue, US 31/Meridian Street, and I-465 with structured parking below. 6
FLOOR PLANS Office/Retail Leasable Office 10219 SF Leasable Office 3174 SF Restaurant 6348 SF Leasable Area Plan 7
RESIDENTIAL/RETAIL RETAIL AVAILABILITY 12,040 SF HIGHLIGHTS Can be demised to 4 individual retail spaces Great signage opportunities Prominent end-caps Large outdoor seating opportunities OPPORTUNITY The north building is a 4-story eclectic art-deco mixed-use building that will house residential units and 12,040 sf of prime Retail Space. The building will have prominent visibility on the heavily traveled Rangeline Road and both end-caps will have unique dominant exposure to pedestrian and vehicular traffic with opportunities for large outdoor seating areas. 8
FLOOR PLANS Residential/Retail RETAIL 12,040 SF 9
PREMIER LOCATION ART & DESIGN DISTRICT Proscenium is located in the center of Carmel at the highly desirable intersection of Carmel Drive and Rangeline Road. Surrounded by national retailers, office, and dense residential projects the location is easily accessible from the entire trade area The development is further enhanced by two new roundabouts, a pedestrian crosswalk, access to the Monon Trail, and a park to be constructed by the city of Carmel. MID TOWN ART & DESIGN DISTRICT The Arts & Design District located in the heart of Old Town Carmel, is the Midwest s premier arts and design destination. It is home to over 180 shops, boutiques, art galleries, showrooms and restaurants. CITY CENTER MID TOWN Mid Town connects the Carmel Arts & Design District with the Carmel City Center. A mix of multi-family, retail, and offices. Tenants include offices of Talk to Tucker Realtors and Allied Solutions among others. Sun King Distillery is constructing a 15,000 sf building featuring a taproom, rooftop patio, and distillery. CITY CENTER Carmel City Center is a one million sf, $300 million, mixed-use project in the heart of Carmel. City Center offers exceptional retail shops and dining, luxury residence, and an elegant cultural village. Also located within Carmel s City Center is the Palladium which hosts music, dance and theater events MONON TRAIL 10
AERIAL VIEW ART & DESIGN DISTRICT MIDTOWN 146th t Stree CITY CENTER E Carmel Drive W Carmel Drive S Rangeline OFFICE BUILDING AT PROSCENIUM Carmel Racquet Club 11
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DEMOGRAPHICS Demographics 1 mi 3 mi 5 mi Estimated Population 9,823 65,575 164,136 Annual Growth 1,079 6,762 14,097 Average HH Income $81,535 $120,651 $123,895 Daytime Demographics 16,255 82,514 154,080 Total Retail Expenditure $139M $1.05B $2.64B 14
CARMEL, IN Carmel, Indiana is a fast-growing, economically-thriving suburban edge city on the North Side of Indianapolis. This once sleepy suburban community has been transformed over the past 20 years by ambitious redevelopment projects that have led to the making of a vibrant city. With excellent schools, low taxes, safe neighborhoods and ease of transportation, Carmel has emerged as one of the most coveted places to live, not just in Indiana, but in the United States. Carmel has been ranked by multiple publications as the No. 1 place to live in America. #1 Best Place to Live #1 In America by CNN Money. Best Suburb in America by Business Insider. Forbes: The Surprising Cities Creating The Most Tech Jobs. CNBC voted Indianapolis/Carmel Best Cities to Relocate to in America Voted number 1 place to launch a career by Money Magazine. The Keystone Parkway project received an Engineering Excellence Award from the American Council of Engineering Excellence. The U.S. Conference of Mayors awarded the Climate Protection Award to Carmel for its roundabout program and other environmental initiatives. Number 1 Place to Live by NICHE Magazine 2 years in a row. 15
CONTACT Gary Perel Principal 317.853.7500 Gary@alopg.com