$53.5M in bonds for future developments are before Carmel Council. Here are the projects.

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$53.5M in bonds for future developments are before Carmel Council. Here are the projects.
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The various bonds, when approved by the council, would help finance four different projects across the city.

$20.5 million TIF bond for PST Land Holdings project

The developer would be Edward Rose & Sons, according to the city. Edward Rose Properties Inc, listed on bond documents, is based in Michigan. The $55 million project would include 99 apartments, 23,000 square feet of office or commercial space and a 229-space parking garage available to the public.

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