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CARMEL, IND. — Indianapolis-based Browning Investments has announced plans for the construction of a $10 million mixed-use development located at the intersection of Meridian and Main streets in Carmel. Situated on 20 acres, the project will consist of three buildings containing 260,000 square feet hotel, medical, office and retail space. Groundbreaking is expected to occur this summer. The hotel component, which is being built by Dora Brothers Hospitality Corp., will be built in 2009.