A developer with plans for a $123 million third phase of the Proscenium complex in Carmel is seeking $19 million in tax-increment financing bonds for the project. Carmel-based Novo Development Group ...
The Carmel City Council on Monday night narrowly approved a $19 million tax-increment financing bond for a proposed $123 million real estate project that would feature a boutique hotel, office space, ...
Update Sept. 17: The Carmel City Council voted 5-3 to approve the issuance of $19 million in tax increment finance, developer-backed bonds to support a hotel and apartments project called Proscenium ...