Fishers Mayor Scott Fadness delivers State of the City address

Announces major new corporate & lifestyle investments

Fishers Mayor Scott Fadness delivered his annual State of the City address Wednesday, announcing major new corporate and lifestyle investments and marking a decade of service as the city’s first mayor.

Fadness

Fadness highlighted Fishers’ rapid growth over the past decade and the community’s transformation from a small suburb to a major regional destination and fourth-largest city in the state. In addition to the accelerated population growth, the mayor cited the city’s expanding infrastructure and lifestyle amenities over the past 10 years, referencing the 61 percent increase in park acreage, $135 million investment in parks and trails, roadway improvements such as the 106^th Street interchange and State Road 37 project, and new community amenities like the Fishers Event Center, Nickel Plate Trail, and upcoming Fishers Community Center.

Fadness also announced a lineup of major new investments that will bring new jobs and lifestyle amenities to the community. These investments include:

• Expanded restaurant & retail at Fishers District from BW Development: A $30 million investment from BW Development will bring new restaurant and retail space to The Crossing at Fishers District, home of the new Fishers Event Center. The 35,000 square-foot leasable space will provide new dining and retail options to this burgeoning entertainment district.
• A mixed-use development joins new restaurant & retail at The Crossing: In the coming weeks, a partnership with another development company will be presented to Fishers City Council to bring a new, mixed-use development to The Crossing. This proposed development will include multifamily housing, retail space, and a potential hotel pad.
• AgriPark 2.0 in west Fishers: The city is developing an AgriPark 2.0 in west Fishers to expand the offerings of one of the city’s most unique and popular parks. This second AgriPark will bring the urban farm experience to west Fishers, offering u-pick produce, special programming, and more.
• New Target store in east Fishers: A 148,000 square-foot Target store is coming to 136^th Street in east Fishers, adding new jobs and a convenient shopping experience for eastside residents. The store will be located south of Southeastern Parkway at Exit 210 and will feature a dedicated drive-up order location, extensive native landscaping, and an improved pedestrian experience.
• New investments from life science companies: NCOG BioPharma Services has committed approximately $280 million to build out its Fishers site along Fishers’ Life Sciences & Innovation Corridor. The company plans to add nearly 100 new employees by the end of the year and another 100 in 2026, along with adding a third filling line and 114,000 square-foot building to their site. Stevanato Group, located at the Fishers Life Science & Innovation Park, is also expanding with new jobs and capabilities with its manufacturing operations. This includes manufacturing drug delivery devices and the addition of research and development activities at its Fishers location. By 2032, the company plans to have 700 employees with an average salary of $70,000. Combined, INCOG and Stevanato bring a total investment of more than $1.2 billion and 1,665 new jobs to Fishers.
• Plug and Play partners with Launch Fishers: Plug and Play, a platform that connects startups to corporations, venture capital firms, universities and government agencies, has partnered with Launch Fishers to bring business connections and resources straight to Launch companies. Plug and Play is headquartered in Silicon Valley and has a presence in more than 50 locations across five continents. The partnership will bring direct access to clients, corporate reverse pitch events, workshops and mentor sessions, monthly and weekly networking roundtable discussions, workshops, and panels for Launch Fishers startups.