Some big changes could be on the way for Clay Terrace.
Washington Prime, which owns the 16-year-old outdoor mall, has filed plans with the City of Carmel that would allow for expanded uses at the site, including coworking spaces, restaurants with drive-thrus, recreational facilities, a farmers market and outdoor entertainment venues.
The proposal also increases maximum building heights from 65 to 100 feet east of Clay Terrace Boulevard and from 55 feet to 70 feet west of it. Buildings west of Clay Terrace Boulevard but within 300 feet of single-family homes could increase their maximum height from 45 to 55 feet.
Although multi-family residential units are already a permitted use at Clay Terrace, none have been built. The proposal suggests that may change because it outlines plans for 100 residential long-term bicycle parking spaces and includes several new references to multi-family units.
Officials from Washington Prime did not respond to requests for comment, but according to local reports, the improvements could include a 140-room hotel, nearly 300 multi-family units and 200,000 square feet of office space.
It’s not clear how the coronavirus pandemic might alter those plans. Public meetings to discuss the project have been put on hold until further notice.