1st on Main nominated for Indy Chamber
Monumental Award
CARMEL, Ind., Aug. 25, 2025 - Carmel's 1st on Main development has been nominated for the prestigious Monumental Award in Real Estate Development, to be presented by the Indy Chamber on Wednesday, Oct. 22 at Gainbridge Fieldhouse in Indianapolis.
The Monumental Awards celebrate the region’s most noteworthy contributions to the built environment, recognizing excellence in architecture, construction, engineering, innovative reuse, interior design, landscape architecture, neighborhood revitalization, public art and real estate development.
1st on Main is a transformative mixed-use development in the heart of Carmel’s Arts & Design District, delivered through a public-private partnership between the Carmel Redevelopment Commission and Lauth Group, Inc. The $45 million project includes Class-A office space, for-sale luxury condos, upscale apartments, public art, a central plaza and structured public parking. Designed to activate all four surrounding streets, it blends historic context with modern urban design. Since completion, the site’s assessed value rose nearly 1,490%, and the office and apartments components are fully leased. 1st on Main stands as a gateway to downtown Carmel and a model for future development.
Carmel's past Monumental Award winners include:
Carmel City Center, 2024 Achievement Award, Neighborhood Revitalization
Marmon Wasp, 2023 Merit Award, Public Art
Proscenium, 2023 Honor Award, Real Estate Development
Republic Airways Training Facility and Lodge, 2023 Achievement Award, Construction
Homage to Hoagy, 2022 Achievement Award, Public Art
Monon Boulevard, 2020 Honor Award, Real Estate Development
Monon Boulevard, 2020 Honor Award, Landscape Architecture
Monon Boulevard, 2020 Merit Award, Neighborhood Revitalization
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