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Deal between Carmel, PNC Bank finalized; construction of apartments expected to occur

Deal between Carmel, PNC Bank finalized; construction of apartments expected to occur

Josie Cruzan, Lillian He, Pranav Jothirajah, Sarah Kim, Maddie Kosc, and Bowen Zhou

March 22, 2019

Recently, PNC Bank, located on the northeastcorner of Rangeline Road and Main Street, has agreed to sell its land to Carmel after two years of negotiating. The land sold for 2.5 million dollars and is expected to turn into apartments and condos. According to Henry Mestetsky, executive director of the...