The Stations development received Fishers City Council approval Monday for a rezoning request, allowing Thompson Thrift to continue with plans for 8.6 acres between The Yard and Kroger along 116th Street east of Interstate 69. The project calls for construction of a mixed-use building with office and retail space, a commercial building, a hotel and approximately 50 townhomes on the site.
In answering questions from the council, Attorney Steve Hardin said the city may need to deal with a nearby creek as the development moves forward. Councilman John Weingardt pointed out that Thompson Thrift investment has grown substantially since the original plans for The Yard, by tens of millions of dollars.
At the most recent Fishers City Council meeting, representatives of Browning Investments and CRG Residential explained their $61 million investment in downtown Fishers. (Photo provided)
Knowledge Services announced in June 2017 it would locate its headquarters between the Navient building and I-69. The firm was to begin construction on the complex by the end of this month. The council voted to extend the deadline to the end of September.
A resolution approving the project agreement for development of the north side of 116th Street by Browning Investments and CRG Residential was passed by council members. The mixed-use building will have 235 residential units with retail space on the first floor. The garage, which will be owned by the Fishers Town Hall Building Corporation, will include 329 spaces. Four older retail offices that front 116th Street will receive exterior aesthetic and structural improvements.
A rezone for Shamrock Development at 12244 E. 116th St. was tabled after Councilman Todd Zimmerman said he was concerned plans for this commercial development did not appear to be up to the standards of a nearby commercial area development by the same developer. Shamrock agreed to work with Zimmerman and city staff to address his concerns.
Council members unanimously approved an amendment to rules governing hand-offs of neighborhoods from developers to Homeowners Associations. Mayor Scott Fadness said this amendment was about addressing neglect by developers, not the result of routine maintenance.