Progress Is Visible at Proscenium

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January 2020

The progress that Proscenium boasts from the corners of Range Line Road and Carmel Drive is visually impressive as one drives, walks or bicycles past the site. Construction began in October of 2018, and now many residents and locals are aware of the mixed-use development that sits on nearly seven acres and will serve as a “gateway entrance to downtown Carmel.”

The First Settlers at Proscenium

Proscenium—a Novo Development Group project—is a unique Carmel community that combines the ease of upscale living with the luxury of retail shops and dining. It features a four-acre community centered around 1.8 acres of landscaped green space and 20,000 square feet of retail space.

Last year, the city announced that three central Indiana companies—Schwarz Partners, Valeo Financial Advisors and Lauth Group, Inc.—are relocating their corporate headquarters to the Agora at Proscenium, located at 10 West Carmel Drive in Carmel, Indiana. The four-story, 100,000-square-foot office building is currently under construction and is scheduled for completion this summer. The office is being developed by Lauth Group, Inc.

Schwarz Partners will relocate approximately 70 employees from their Indianapolis-based headquarters at Woodview Trace to the third floor of the Agora, occupying approximately 25,000 square feet. Schwarz is a privately held, second-generation company with multiple locations across the United States.

Carmel-based Lauth Group, Inc. will relocate its headquarters from its current location to the second floor of the Agora. Additionally, Valeo Financial Advisors will relocate their office operations from 9450 North Meridian Street and will occupy the 25,000-square-foot fourth floor. The move will involve nearly 70 employees.

Henry Mestetsky, executive director at Carmel Redevelopment Commission (CRC), shared, “Proscenium combines the best of a high-amenity, mixed-used destination for residents and visitors and a strong addition to Carmel’s tax base to continue building on the City’s secure fiscal position for the next hundred years. It’s exciting driving eastbound on Carmel Drive towards Range Line Road and seeing the five-story corporate headquarter building rising up in the foreground, serving as a welcome beacon to Carmel’s central core. Steel is up on two other buildings, and I expect all six buildings to be either open or under construction by the end of 2020.”

Progress Is Visible at Proscenium
Henry Mestetsky

Living the Life at Proscenium

Proscenium’s residential component will offer the option to lease or buy within the development and is already an area of high interest as reservations are being placed for both the condominiums and apartments that are under construction.

REV at Proscenium is a one of a kind, 26-unit condominium community opening in fall of 2020. This all-encompassing luxury development combines the ease of upscale living with the convenience of retail shops and dining all within mere steps of your front door. The design package includes: several floor plans, state-of-the-art gourmet kitchens, private garage, fitness center, secured bike storage, resort-style swimming pool with fire pit, walkability to on-site retail shops and dining that are slated to come in and so much more.

VER at Proscenium will offer 224 units for lease with a variety of floor plans and will offer its tenants a business center, fitness center and bicycle storage along with the walkability factor and convenient location as will the condominiums within the Proscenium. Visit for more information.

Regionally and Nationally Acclaimed Tenants

Carmel residents and locals can also anticipate the grand openings of two new dining and brewery establishments. The county’s second 101 Beer Kitchen location is coming to Proscenium, and in anticipation of a summer of 2020 opening, Indiana’s first Wahlburgers restaurant will also be located at Proscenium.

The proprietors of 101 Beer Kitchen, Thad and Jess Kittrell, opened their very first 101 Beer Kitchen in Dublin, Ohio, in 2012. Chef Thad Kittrell and his culinary team feature a menu that offers “rustic” offerings made with fresh and local, when possible, ingredients and craft beer. The pair has two other locations in Ohio and one in Fishers, Indiana.

Founded in 2011 by the famous actor/singer brothers—Mark and Donnie Wahlberg—and their chef brother Paul, Wahlburgers has 26 locations throughout the U.S., including Cincinnati, Ohio. The original Wahlburgers opened in Boston, Massachusetts, and is the focus of an A&E TV series.

Progress Is Visible at Proscenium

The menu includes specialty burgers, sandwiches, salads, house-made condiments, frappes, vegetarian options, ice cream floats and more.

Look for continued updates from Carmel Monthly as more information becomes available and grand openings are scheduled for 2020.