The owners of Clay Terrace revealed additional details about plans to redevelop a section of the shopping center at the Sept. 15 Carmel Plan Commission meeting.
Washington Prime Group, which owns Clay Terrace, is asking the commission to approve amendments to the site’s planned unit development, which outlines what may be built there. It aims to add residential units, a hotel and expanded entertainment options to keep the center vibrant as traditional retail shopping trends decline.
The proposed refresh of Clay Terrace includes replacing a vacant restaurant building in the southeast corner of the site with a four- to six-story office building and replacing two occupied buildings along the east side of Clay Terrace Boulevard just north of the southern roundabout with buildings that have first floor retail and restaurant offerings with four stories of luxury apartments above them. The hotel and parking structure are proposed east of these buildings along U.S. 31.
Washington Prime also plans to make the shopping center more pedestrian friendly by reducing Clay Terrace Boulevard from two lanes to one in each direction between its two roundabouts. This would allow space for parallel parking along the road.
Nearby residents and business owners told the commission they have concerns about event noise, adequate parking, building heights and increased traffic.
Commissioners expressed support for the project but agreed that traffic could be a problem. Commission President Brad Grabow said he’d like the project team to consider adding an entrance to the site.
“If it’s possible at all to create another access point, it would be worth the effort,” he said.
The commission sent the matter to its commercial committee, which is set to discuss it at 6 p.m. Oct. 6. The full plan commission will have final voting authority.