CARMEL - Officials in Carmel have broken ground on a $60 million mixed-use development at the former Party Time site in the Hamilton County city. The Proscenium, will include six new buildings and more than 200 luxury residential units.

In addition to the living space, the Proscenium will also feature 20,000 square-feet of retail and office space. The entire development will be centered around a 1.8-acre "Town Green" public space, which will be used for public gatherings and recreational activities.

The project is being developed by Indianapolis-based Anderson Birkla Investment Partners, LLC. The group is partnering with Ohio-based architecture and engineering firm Woolpert, which says the project could take 18 to 24 months to complete.

You can view a fly-through of what the Proscenium is expected to look like in the video below from Woolpert.