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Skender Tops Out Construction on Indiana Mixed-Use Project

Skender recently celebrated the topping out of Ardalan Plaza, marking a major milestone in the construction of the $19 million, three-story, mixed-use development in Indiana’s Arts & Design District.

Located at 331 W. Main Street, Ardalan Plaza will encompass 8,000 square feet of retail and gallery space on the first floor, four luxury condominiums on the second floor and a private residence with a rooftop terrace spanning the third floor.

“The topping out of this monumental project is an incredible milestone for all of our trade partners, our project team, and the many stakeholders who have contributed to the success of this project,” said Skender Senior Vice President Brian Simons. “Once completed, Ardalan Plaza will bring continued economic growth to the city.”

The project is a collaboration between the Carmel Redevelopment Commission and the Ardalan family, supported by Skender Construction, Studio M Architecture and Planning, Civil & Environmental Consultants, and KBSO Consulting Engineers. The project is expected to be completed in 2026.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.

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