Nice article by The Wall Street Journal on Carmel, Indiana, which has emerged over the past three decades as one of the Midwest's premier communities.
"Over the past decade, Carmel has frequently appeared in national rankings on finance websites such as WalletHub, which named it the best small city in America this year, and Money, which has ranked it among the country’s 50 best places to live. Once a sleepy neighbor of Indianapolis, Carmel has seen explosive population growth and redevelopment under its current mayor, Jim Brainard, who is serving his seventh and last consecutive term."
Brainard's strategy?
"Over the next three decades, Brainard said, Carmel has been revitalized in large part through zoning changes and tax increment financing, which allowed the city to build infrastructure with bonds backed by the projected tax revenue of future real estate. Carmel has built several multimillion-dollar, mixed-use developments along its central corridor with townhomes, apartments, boutique shops and restaurants. An Arts & Design district with galleries and showrooms now sits in place of the city’s original downtown area. It connects to the City Center development, which is home to a 151,000-square-foot concert hall and the Carmel Christkindlmarkt holiday market. These developments are connected by the Monon Greenway, which can be walked or cycled and is part of the 27-mile Monon Trail that runs to downtown Indianapolis, according to Brainard. He has also implemented a network of over 150 roundabouts as an alternative to signal lights, in an attempt to move traffic more efficiently, increase walkability and minimize car accidents.
Aesthetics were another important element to the revitalization, according to Brainard, who said the city looked “soulless” when he first became mayor. Today, Carmel’s neighborhood streets are lined with lampposts and flower pots, and there are over 700 acres of parks and gardens. In 2017, the city started hosting Christkindlmarkt, which includes an ice rink and winter pavilion."
https://lnkd.in/g8fkQkHG
Executive Director at District Artz & Painting Cities To Life
3wThis is a very positive use of development grants. BRAVO!!