Proscenium 3 Mixed Use Development at 1132 S. Rangeline Rd.
Summary
The city's marquee mixed-use project at 1132 S. Rangeline Road took a major step forward with approval of its development plan and zoning variances. The project brings a hotel, office space, retail, and apartments — including age-restricted units — to a 4.3-acre site near City Hall, anchored by an underground parking garage.
At a glance
- Total mentions
- 2
- Last 30 days
- 1
Discussed at 1 meeting in the last 60 days; most recently Oct 21, 2026.
Impact analysis
The City Council has already authorized bonds for this public-private partnership; the garage-first sequencing is meant to speed delivery of high-paying office jobs.
Future office workers, hotel guests, and apartment residents, plus the city's tax base from high-paying jobs.
Nearby property owners may be affected by the requested lot coverage increase and streetscape relief.
Mentions & discussions (2)
Carmel Redevelopment Commission - Oct 21, 2026
The commission locked in the terms of the Presidium 3 project agreement — a widely covered development already approved by City Council — with demo already underway and a formal TIF allocation area to come later.
Joint Meeting of Plan Commission Hearing Officer and Board of Zoning Appeals Hearing Officer - Sep 1, 2026
The city's marquee mixed-use project at 1132 S. Rangeline Road took a major step forward with approval of its development plan and zoning variances. The project brings a hotel, office space, retail, and apartments — including age-restricted units — to a 4.3-acre site near City Hall, anchored by an underground parking garage.
Related development
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