[00:00:07]
>> GOOD EVENING. IS THE WEDNESDAY, AUGUST 21ST MEETING
[1. PLEDGE OF ALLEGIANCE]
OF THE CARMEL REDEVELOPMENT COMMISSION. I WILL CALL THIS TO ORDER. FIRST ON THE AGENDA IS THE PLEDGE OF ALLEGIANCE.>> I PLEDGE OF ALLEGIANCE, TO THE FLAG, OF THE UNITED STATES OF AMERICA. AND TO THE REPUBLIC FOR WHICH IT STANDS, ONE NATION , UNDER GOD, INDIVISIBLE WITH LIBERTY AND JUSTICE FOR ALL.
[2. APPROVAL OF MINUTES]
>> FIRST THING IS THE APPROVAL OF THE MINUTES.
>> MOVE APPROVAL . >> SECOND .
>> ANY DISCUSSION? MOVE TO VOTE.
>> I AM ON CAMERA ON MY CELL , CAN YOU SEE ME?
>> NO, BUT WE CAN HEAR YOU. >> AYE..
>> THANK YOU. >> MOTION CARRIES, THANK YOU.
[3.a. Cash Flow Report]
NEXT UP, FINANCIAL MATTERS. >> THANK YOU. IS THE END OF MONTH DOLLARS FOR JULY WAS $8,590,362 , INCLUDING THE RESTRICTED FUNDS, IT WAS $17,461,507 . WE HAVE PAID ALL
[3.b. Approval of Claims]
>> DO YOU WANT TO CARRY ON WITH THE APPROVAL?
>> WE HAVE TWO SETS OF CLAIM TONIGHT. FIRST WERE NOT OPERATING EXPENSES, IN THE AMOUNT OF $240,715.49, THE SECOND ONE FOR THE TIF BOND, AND THE AMOUNT OF 20 $27,397
$.85 -- >> THANK YOU. DO I HAVE A
MOTION? >> I MOVED TO APPROVE THE NOT OPERATED INVOICES . WE NEED TO DO THIS TWICE PROBABLY.
>> YOU DO ALL AT ONCE. >> I MAKE A MOTION TO APPROVE.
>> SECOND. >> ANY DISCUSSION? NONE, ROLL CALL.
[4. EXECUTIVE DIRECTOR REPORT]
>> THE MOTION CARRIES, THANK YOU.
>> OUR FAVORITE PART OF THE PROGRAM. MR. EXECUTIVE
DIRECTOR. >> HELLO, REDEVELOPMENT COMMISSION. HENRY MESTETSKY, I'D LIKE TO GIVE YOU AN UPDATE. FOR LAST MONTH. LET'S SEE. HERE WE GO. TECHNOLOGY, IT IS GREAT. LOTS OF ACTIVITIES GOIG ON IN OUR DOWNTOWN. THE BUILDING YOU SEE ON THE SCREEN, AND THE WINDSOR BUILDING ARE THE LAST TWO STRUCTURES TO BE COMPLETED AS PART OF THE CITY CENTER. I WILL FLIP TO THE PROSCENIUM , BECAUSE I WANT YOU TO KNOW IN 2023, IT WAS A MONUMENTAL AWARD FINALIST FOR REAL ESTATE DEVELOPMENT. IN 2024, CITY CENTER, WHICH INCLUDES THE WINDSOR BUILDING WAS SELECTED AS A FINALIST FOR THE 2024 MONUMENTAL AWARDS. THESE ARE AWARDS THAT ARE DONE BY THE INDIANAPOLIS CHAMBER OF COMMERCE, AND RECOGNIZE THE BEST CONTRACTION PROJECTS IN CENTRAL INDIANA. CITY CENTER IS UP FOR THE NEIGHBORHOOD REVITALIZATION CATEGORY. AND IF YOUR QUESTION WAS WAS THERE EVEN A NEIGHBORHOOD TO REVITALIZE, IT MEANS WE'VE DONE A BETTER JOB. PERSONAL COMMENTARY THERE. THOSE AWARDS ARE NEXT MONTH. WE WILL LET YOU KNOW IF WE WIN. IT IS GREAT THAT CARMEL REDEVELOPMENT PROJECTS CONTINUE TO BE RECOGNIZED IN CENTRAL INDIANA AND BEYOND. FIRST ON MAIN CONTINUES TO BUILD OUT OF
[00:05:08]
CONDOS THERE. I THINK THE BUILDING IS FULLY LEASED, WHICH IS EXCITING. MAGNOLIA, WE HAVE NOW THE LATEST PICTURE THAT'S SHOWS TWO MORE STAIR TOWERS UP FOR THE NEXT TWO BUILDINGS.MOVING AHEAD QUITE NICELY. SAME WITH MUSE CARMEL. I'VE BEEN TOLD WE WILL HAVE ANNOUNCEMENTS ABOUT PERSONAL RETAIL IN THE NEXT FEW WEEKS. I WILL SHARE THOSE WHEN WE HAVE IT. PROJECTS MOVING FORWARD QUITE NICELY. THE SIGNATURE IS FINALLY OPENING. I FELT THE RESIDENTS HAVE HAD A CHANCE TO VISIT THE GARDEN THE NORTH SIDE OF THAT SITE. ALSO BIG STATUE THERE. NO NEWS ON THE LAUNCH , THE CITY SQUARE CONDOS ARE IN DESIGN NOW. YOU SHOULD EXPECT THAT TO GO THROUGH THE PLANNING AND ZONING A.D. 0S -- ADOS . THE ARCHITECTURAL DEPARTMENT HAS APPROVED THE DESIGN. WE ARE JUST WAITING FOR PLANNING AND ZONING ADOS. LOOK, ANOTHER MONUMENTAL AWARD FINALIST FROM LAST YEAR, HAMILTON CROSSING. THIS IS A PUBLIC PROJECT. THE HEADQUARTERS IS FULL STEAM AHEAD. WHICH IS EXCITING. JUST OUTSIDE OF CITY HALL, PROSCENIUM II CONTINUES TO GO UP. THE COURT -- ARCHITECTURE LOOKING BETTER. -- PUT A LOT OF THOUGHT INTO THAT BUILDING. THAT IS EXCITED. 111 SOUTH RANGELINE -- I SAW SOME POST ONLINE FROM VARIOUS BROKERS THAT THE BUILDING IS FULLY LEASED NOW. THAT IS WHAT HAPPENS WHEN THE CITY COUNCIL APPROVES OFFICE PROJECTS AND REDEVELOPMENT PROJECTS . THEY ARE FULLY LEASED BEFORE THEY'RE EVEN BUILT. WE SHOULD APPROVE MORE OF THOSE. ICON ON MAIN CONTINUES ITS CONSTRUCTION. NOT TO FEAR, IT WILL NOT BE A GIANT STRUCTURE IN THE MIDDLE OF THE SITE, IF THERE WILL BE GOOD ARCHITECTURE SURROUNDING THAT, WITH THE GIVER SOMETIME. PUBLIC PLAZA, WILL BE AT THAT INTERSECTION. THAT IS COMING
NEXT YEAR. >> WHERE ON MAIN IS THAT?
>> I'M GOING TO HOVER -- THIS IS THE SOUTHEAST CORNER OF THE OLD MERIDIAN ROUNDABOUT. THE SIGNATURE PRODUCT INDIRECTLY TO THE NORTH OF THIS. AND THEN THERE IS A CHURCH ON THE THIRD FLOOR. THIS IS USUALLY WHERE CHART -- CARTER FIGURING OUT THERE IN THE WRONG LANE. WE PUT A LOT OF BOLLARDS UP AS DENSE -- UP AGAINST THE PLAZA. LOTS OF PROGRESS ON THE AT&T SITE.
YOU CAN SEE IN THE PICTURE IN THE BOTTOM LEFT, IF THE PARKING GARAGE UNDER CONSTRUCTION. AND THEN IT IS THE EXPANSION OF THE MERCHANT BANK OFFICE BUILDING. THE OFFICE CONTINUES TO BE BUILT -- AS LONG AS WE PROPERLY ALLOW THE PARTNERSHIPS TO FLOURISH. TOWNSHIP BUILDINGS CONTINUE. THE -- OF THE BUILDING WAS BETTER IN REAL LIFE THAN IN THE PICTURE. A TESTAMENT TO STAFF. INTERURBAN TRAILHEAD IS OPEN. THAT IS SOMETHING THE CRC FUNDED FOR THE PARKS DEPARTMENT, WE ARE PARTNERS AND FRIENDS. AND FINALLY, IF YOU'VE GONE BY THE LASER FLASH BUILDING, NOW HOME FOR THE NEXT YEAR OR TWO TO THE CARMEL FARMERS MARKET. THERE IS COOL ART . LETTING EVERYONE KNOW WHERE TO COME. FINALLY, I REMIND YOU THE LATEST -- IS STILL GOING. WITH THAT, THAT IS A GOOD REPORT. I WILL SAY ONE MORE THING I DID NOT MENTION. THERE IS A PROJECT IN FRONT OF CITY COUNCIL RIGHT NOW CALLED PROSCENIUM III. THIS WAS VOTED ON 4-0 AT FINANCE COMMITTEE. IT WENT BACK TO CITY COUNCIL. CITY COUNCIL ASKED FOR ADDITIONAL INFORMATION. WE ARE GOING TO WORK TO GET THE ADDITIONAL INFORMATION. THIS WILL BE COMING BACK IN CITY COUNCIL IN ABOUT A MONTH FROM MONDAY. WITH THAT, I AM HAPPY TO ANSWER ANY QUESTIONS THAT YOU MAY HAVE.
>> ANY QUESTIONS FOR HENRY? >> ONE, ON THE REPUBLIC SITE ,
[00:10:03]
HOW FAR ALONG? WHEN WILL THAT BE COMPLETED?>> THAT IS A GOOD QUESTION. BECAUSE THE OFFICE BUILDING AND HOTEL THING. I JUST DO NOT KNOW.
>> IF YOU LOOK AT THE BOTTOM RIGHT, WHAT YOU HAVE THERE IS A TRAINING CENTER . THE BOTTOM RIGHT IS ESSENTIALLY THE CAPTIVE HOTEL. THAT IS FINISHED. NORTH OF THE HOTEL, YOU HAVE THE PARKING GARAGE. I THINK THEY HAVE THEIR TEMPORARY CERTIFICATE OF OCCUPANCY, THOUGH THE GARAGE IS OPEN AND READY. THE HEADQUARTERS JUST NORTH OF THE TRAINING CENTER IS UNDER CONSTRUCTION NOW. WHENEVER ANYONE ASKED THAT
QUESTION IS A 16 MONTH. >> 16 MONTHS ?
>> THE DEVELOPMENT TO THE NORTH OF THAT IS A FUTURE PHASE. THAT WILL PROBABLY HAVE -- IT IS A NICE HEADQUARTERS. THAT IS THE FUTURE PHASE. FINALLY, IF YOU REMEMBER THIS DEAL, THE DEVELOPER HAS A YEAR OR TWO TO DECIDE WHETHER THEY WANT TO WRAP THE GARAGE WITH APARTMENTS, OR WHETHER THEY JUST WANT TO PUT ATTRACTIVE FACADES ON IT. THEY STILL HAVE THE TIME TO MAKE THAT DECISION. THAT WAS BROUGHT BACK TO CITY COUNCIL AND DISCUSSED WITH CITY COUNCIL.
>> THIS IS A WONDERFUL STRENGTHENING OF THE MERIDIAN COURT OR DESK OR -- QUARTER
[5. COMMITTEE REPORTS]
>> WE WILL MOVE ON, COMMITTEE REPORTS, THE ARCHITECTURAL
REVIEW COMMITTEE. >> WE HAVE NOT MET THE
PATHMARK. >> ANY OLD BUSINESS?
>> THERE IS NO OLD BUSINESS. >> ANY NEW BUSINESS?
>> NOT TODAY. THERE IS NO NEW BUSINESS, OR BUSINESS OR OTHER
[9. EXECUTION OF DOCUMENTS]
BUSINESS. >> OUR NEXT REGULAR MEETING WILL BE WEDNESDAY, SEPTEMBER 18TH AT 6:30 HERE IN THE CHAMBERS. WITH THAT, AFTER EXECUTION OF DOCUMENTS, WE ARE READY
* This transcript was compiled from uncorrected Closed Captioning.