Fishers council approves new development project

fishers train

FISHERS, Ind. (WISH) – The Fishers Town Council approved a proposal for a new development near Town Hall.  But, before the council voted, its members heard a lot of opposition to the concept.

The proposal calls for demolition of the train station building to make way for a new complex with high-end apartments, office and retail space and a 400-space parking garage.

Tom Dickey, the director of Community Development for the Town of Fishers, said the project is designed to bring more people to live and work in downtown Fishers.  The site of the train station would become part of an open pedestrian plaza in the new design.  He also said the project would preserve the train station’s “functionality.”  If a mass transit system is approved, the site can be adapted for the needs of bus rapid transit or for light rail.

The town says the new design will preserve the train platform and the train, itself.  It would also address concerns about compliance with the Americans with Disabilities Act.  Those concerns arise from the age of the station.  It was built in 1996.

Several political candidates spoke in opposition to the proposal.  One, attorney Greg Purvis, said “ordinary citizens of Fishers don’t like this … they don’t want this to look like Carmel East.”

Fishers said the proposal with the Loftus Robinson company “will result in a $27.5 million investment in the downtown Nickel Plate District. The town plans to contribute the building parcel and finance the development of the parking garage. Loftus Robinson will invest approximately $18 million in the project.”

More meetings will follow Monday night’s vote.

Dickey said they hope to close on the project in June.  That would allow construction to begin by June or July.  He said, then, the work could be done in time to be ready for the Fair Train in 2015.

Dickey predicted occupancy of the new apartments would be possible by the end of 2015.

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