Roundabout completed on Lowes Way in Carmel

County officials have announced the completion of a roundabout constructed as part of the Lowes Way extension project.

The roundabout construction was a part of the first phase of the Lowes Way project.

The entire project is expected to be completed in 2020. (Photo provided)

Also a part of Phase I is the construction of a new southbound lane on Lowes Way allowing traffic from 146th Street to access southbound Keystone Parkway. The project will include two new bridges and a new roundabout at the entrance to Lowe’s on Lowes Way.

The cost for phase one construction is estimated at $10 million.

Developers indicated Phase II will consist of the construction a new connection for motorists wanting to drive east or west between Range Line Road, Keystone Parkway and Lowes Way.

County officials have said that the Lowes Way extension project was needed to facilitate travel from 146th Street to southbound Keystone Parkway. Currently there is no access to Keystone Parkway from 146th Street.

The overall construction cost for the project is expected to be near $17 million. Funding for the project will include using TIF district revenues and Congestion Mitigation and Air Quality Improvement (CMAQ) Program funds.

The entire project is expected to be completed in 2020.