The City of Carmel and Pedcor Companies broke ground on The Nash, which is part of Phase II of Carmel City Center, designed to serve as a new downtown area for the city. This new building will be located just south of the existing City Center retail/residential buildings along Range Line Road, just north of First Financial Bank at 902 South Range Line Road. Mayor Jim Brainard and Pedcor President and CEO Bruce Cordingley were both in attendance along with many other local dignitaries.
The Nash, a three-story, $10 million mixed-use building, will contain 31 apartments with one-, two- and three-bedroom options available on the second and third floors and 8,000 square feet of commercial space at street level.
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