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Sophia Square Anchors Downtown Carmel

July 27, 2011

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We had the opportunity recently to tour the new Sophia Square project on Main Street in Downtown Carmel, Indiana. Standing in contrast to its suburban locale, this four-story, 240,000 square foot, mixed-use development by Keystone Construction now anchors the Arts & Design District. What began with the Carmel Redevelopment Commission purchasing the entire block situated on the Monon Trail in 2007 has now resulted in 202 apartments, 40,000 square feet of commercial space, and 400 public underground parking spaces. The building is designed in a “donut” format with a courtyard and pool in the center. Because of the public subsidy in the project, the parking garage and most of the courtyard must remain open to the public. With perhaps the most stylish interior design in this market for an amenity center, Sophia Square promises to attract those creative professionals seeking to be close to the employment and attractions of the Arts & Design District. Apartment leasing is about 1/3 complete in only a few months. In addition, its location happens to be the among the top two busiest daytime stretches of the Monon Trail on weekends. You can't get a better marketing window than that. Check out the pictures below.