Clay Terrace

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Clay Terrace
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LocationCarmel, Indiana
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Address14390 Clay Terrace Blvd
Opened2004
DeveloperSimon Property Group
OwnerHines Global Income Trust
Stores78
5
Floor areaTemplate:Cvt[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.

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

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  1. ^ Page Module:Citation/CS1/styles.css has no content."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. ^ Page Module:Citation/CS1/styles.css has no content."INDY RETAILERS REV UP". nreionline.com. April 2004. Retrieved July 14, 2016.
  3. ^ Page Module:Citation/CS1/styles.css has no content."Stores Announced For New Carmel Shopping Center - TheIndyChannel.com". theindychannel.com. Archived from the original on August 17, 2016. Retrieved July 14, 2016.
  4. ^ Page Module:Citation/CS1/styles.css has no content."Open-air mall signs 5 anchors". pqasb.pqarchiver.com. Retrieved July 14, 2016.{{cite web}}: CS1 maint: deprecated archival service (link)
  5. ^ Page Module:Citation/CS1/styles.css has no content."Clay Terrace's vacant spaces are shrinking fast". pqasb.pqarchiver.com. Retrieved July 14, 2016.{{cite web}}: CS1 maint: deprecated archival service (link)
  6. ^ Page Module:Citation/CS1/styles.css has no content."Loss of Carmel store 'unfortunate'". pqasb.pqarchiver.com. Retrieved July 14, 2016.{{cite web}}: CS1 maint: deprecated archival service (link)
  7. ^ Page Module:Citation/CS1/styles.css has no content."Washington Prime buys Clay Terrace stake from Lauth". ibj.com. Retrieved July 14, 2016.
  8. ^ Page Module:Citation/CS1/styles.css has no content."Houston-based real estate firm acquires Carmel's Clay Terrace". wthr.com. Retrieved October 10, 2025.

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