Clay Terrace

Last updated

Clay Terrace
Clay Terrace
LocationCarmel, Indiana
Coordinates 39°59′49″N86°07′44″W / 39.997°N 86.129°W / 39.997; -86.129
Address14390 Clay Terrace Blvd
Opening date2004
DeveloperSimon Property Group
OwnerHines Global Income Trust
Stores and services78
Anchor tenants 5
Floor area 500,000 sq ft (46,000 m2) [1]
Floors1
Websiteclayterrace.com

Clay Terrace is a community lifestyle center in Carmel, Indiana. Opened in 2004, it is managed by Hines Global Income Trust.

Contents

History

Clay Terrace opened in 2004. It, Jefferson Pointe in Fort Wayne, and Metropolis in Plainfield were the first three lifestyle centers in Indiana. [2] Among the first stores announced for it were Dick's Sporting Goods, Wild Oats Market and DSW. Aeropostale closed January 27, 2015, making the Clay Terrace location the only one in central Indiana to close. Delia's, New York & co., Paradise Bakery, and the Children's Place all closed around the same time.

Wild Oats became Whole Foods. [3] [4] Old Navy was added in 2007, relocating from Merchants' Square. [5] Circuit City closed in 2008. [6] On June 17, 2014, it was announced that Simon Property Group spinoff Washington Prime had acquired Clay Terrace in addition to six other shopping centers. [7] On December 10, 2025, it was announced that Hines a global real estate investment manager had acquired Clay Terrace. [8]

See also

References

  1. ↑ "Archived copy" (PDF). Archived from the original (PDF) on March 5, 2016. Retrieved March 30, 2013.{{cite web}}: CS1 maint: archived copy as title (link)
  2. ↑ "INDY RETAILERS REV UP". nreionline.com. April 2004. Retrieved July 14, 2016.
  3. ↑ "Stores Announced For New Carmel Shopping Center - TheIndyChannel.com". theindychannel.com. Archived from the original on August 17, 2016. Retrieved July 14, 2016.
  4. ↑ "Open-air mall signs 5 anchors". pqasb.pqarchiver.com. Archived from the original on April 11, 2013. Retrieved July 14, 2016.
  5. ↑ "Clay Terrace's vacant spaces are shrinking fast". pqasb.pqarchiver.com. Archived from the original on April 11, 2013. Retrieved July 14, 2016.
  6. ↑ "Loss of Carmel store 'unfortunate'". pqasb.pqarchiver.com. Archived from the original on April 11, 2013. Retrieved July 14, 2016.
  7. ↑ "Washington Prime buys Clay Terrace stake from Lauth". ibj.com. Retrieved July 14, 2016.
  8. ↑ "Houston-based real estate firm acquires Carmel's Clay Terrace". wthr.com. Retrieved October 10, 2025.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.