
The Crossing of Carmel Creek is fully entitled with a Planned Unit Development (PUD) and Economic Development Agreement in place with the City. Through the PUD, The Crossings of Carmel Creek is entitled for six million square feet of commercial development consisting of retail, office, 2,100 residential units and 900 hotel rooms upon completion. In addition, the project will incorporate 34.7 acres of parkland dedication along Brushy Creek and 31.5 acres of private open space allowing public access and highlighting Carmel Creek. The private parkland will include a 750 seat amphitheater to be completed by 2012, two pedestrian bridges and a bike/foot path that will connect to the City’s trail system. Initially we anticipate the development of 1.5 million square feet of retail and 800,000 square feet of office.