![]() Pending final approval by the City of Carmel, construction is expected to begin this summer with the first residents moving in by the end of 2022. Cremer said Stout’s Footwear may reopen in the new building. The 4-acre site is currently home to Stout’s Footwear and a now-vacant veterinarian office, which will be demolished. Cremer said no tenants have been signed yet, but he expects a mix of restaurants, entertainment offerings and services. The first floor along Old Meridian Street will feature retail space. Dwellings on the first floor will be walkup units, which Cremer said is unique for this type of project. The Signature will offer studio, 1- and 2-bedroom apartments, with expected monthly rents ranging from $1,100 to $1,900. Four outdoor courtyard areas will include activity space with shuffleboard and fire pits, a private dog park, a resort-style pool with cabanas and private grilling stations and a community garden that will be accessible by the public. Planned amenities for the $65 million project include 3,500 square feet of fitness space, reservable office space throughout the building, a private event center, golf simulators and a pickleball court on top of a 389-space parking garage. If you didn’t have internet connectivity and all the things people want out of these apartment communities, you’ll end up losing tenants.” Canal Square has rental units ranging from 450-1300 sq ft starting at 1149. “The pandemic really heightened some of the demands of tenants, because they were in these properties all day long. See all available apartments for rent at Canal Square in Indianapolis, IN. “We think Carmel is the perfect market for it,” said Cremer, an Indianapolis resident. Matt Cremer, managing principal of Indianapolis-based Tegethoff Development, said plans for The Signature have always included a rich offering of amenities but that the COVID-19 pandemic made them even more important. Don’t leave without taking a selfie from inside a real race car.A five-story building proposed on the northeast corner of Old Meridian and Main streets aims to bring 295 luxury apartments, eight condos, first-floor retailers and the widest offering of amenities to multi-family residents in the Indianapolis area. Located within the 2.5-mile oval track of the Indianapolis Motor Speedway, this museum is home to the Indianapolis Speedway Hall of Fame and more than 25 winning cars representing more than a century of motor-racing history. The path takes you through residential neighborhoods, emerald green fields, and farmland and across brightly colored bridges as you make your way out of the city. Monon Trailįollowing the historic railway line that connected Indianapolis to Chicago, the Monon Trail is a 27-mile rail-trail that you can follow on foot or bike. Experience life in a small prairie town, learn about Indiana's role in the Civil War by visiting a recreated army camp, and discover how human-crewed flight became possible by riding in a tethered hot air balloon. This fascinating living history museum, located in a northwest suburb of Indy, takes you back in time to the 19th century. If motorsports exhaust you, Indianapolis and its surrounding area has plenty of green space to go around, including a handful of top-notch parks like Brown County State Park and Mounds State Park, where you’ll find well-marked trails full of locals hiking and biking in no particular hurry. People come from all over the world to catch a race here and visit the on-site museum. Just beyond downtown, you’ll find its legendary speedway, home to one of the country’s most famous motor circuits. Then again, cars helped put Indianapolis on the map. An eight-mile walking trail connects Indy’s cultural districts, a convenient thoroughfare for exploring the city’s top attractions without getting behind the wheel of a car. A variety of vibrant murals add splashes of color to the urban landscape, and the riverfront promenade offers sweeping views of the White River. Its streets are full of soaring skyscrapers, grand government buildings, and Art Deco masterpieces. Nestled amid Indiana’s beautiful green pastures and farmland, Indianapolis is one of the largest cities in the Midwest and serves as the state’s capital and cultural hub.
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