A major facelift could be in store for an old Carmel shopping center.
Kite Realty Group has plans to redevelop The Centre, the retail strip northwest of the 116th Street-Range Line Road intersection that housed a CVS Pharmacy before a new, bigger version was built across the street. According to KRG’s request for a development standards variance, the company is proposing to partially redevelop the shopping center sitting on a little more than 8 acres.
As part of that redevelopment, a portion of the existing center would be demolished and completely removed, and a new anchor building would be constructed in place of the old CVS, according to KRG’s request. Additionally, it says “the existing bank building will be demolished and a new bank will be constructed in a new location to the west on 116th Street” and “a new stand-alone building will be constructed in place of the existing bank building at the intersection of Range Line Road and 116th Street.” A new multi-tenant retail building also would be constructed along Range Line Road.
Mayor Jim Brainard said the buildings, per the city’s development requirements in that area, would be two stories tall and would be moved closer to the street. He said the variances the company is requesting, which will come before the Board of Zoning Appeals tonight at 5:30 p.m. in City Hall, are all “very reasonable.” Some of the specific requests for variances have been tabled to the BZA’s meeting later this month.
“It’s all very exciting and I think it will be a good addition to Carmel,” Brainard said.