The city of Fishers is on a roll this week in new commercial developments, and Thursday brought yet another announcement. Mattingly Construction plans to construct three office buildings on Sunlight Drive, just south of 106th Street between Kincaid Drive and Lantern Road.
Fishers officials have often said there continues to be a shortage of office space for small businesses in Fishers. This concept will give small business owners to own their own offices, rather than rent space.
The three buildings will range in size from about 8,200 square feet to more than 14,000 square feet of space.
“We’re excited to see the continued growth and momentum on the I-69 corridor with the announcement of this development,” said Fishers Mayor Scott Fadness in a city news release. “When the team at Mattingly Construction presented this concept to us, it just made sense all around to continue to support our entrepreneurs, while adding to the vibrancy of this corporate corridor.”
The first phase of the project will include the three buildings occupying three of the 12 acres of the joint parcel, according to city officials. Future phases of the project will include similar development of buildings from 5,000 to 20,000 square feet on the balance of nine acres.
The prime location, just off the 106th Street interchange from Interstate 69, allows ease of access directly to the business park and proximity to the developments along the 96th and 116th streets corridors, including the latest project, Fishers District.
The city is recommending a tax abatement for the first phase of the project totaling $636,898.24. The Fishers City Council will hold a vote on the proposed agreement at the meeting scheduled for Monday, Dec. 16.