IBJNews

Fishers approves $19M auto mall development

Back to TopCommentsE-mailPrintBookmark and Share

The Fishers Town Council unanimously approved on Wednesday night an economic development agreement for Butler Automotive Group, which intends to build a $19 million auto mall along State Road 37 housing up to five car dealerships.

The town’s Advisory Plan Commission had approved the project. Construction is expected to begin this spring on a new Butler Nissan dealership with completion of the entire development slated for 2013. About 230 jobs could be created, according to Butler.

A Butler Nissan dealership already sits on part of the property the company wants to redevelop. The town has agreed to create a tax-increment financing district to help fund infrastructure improvements. The Butler property would receive $2.8 million in improvements. The town would spend an additional $4.14 million on the surrounding area.

The Butler auto mall is planned for the west side of State Road 37 on the former Davidson Lumberyard property and would stretch from 131st to 141st streets. Lumberyard structures would need to be demolished to make way for the dealership.

The site is across from the former Britton Park Golf Course. A major water park, hotel and retail project had been slated for that property, but developers have run into financial troubles that are severely threatening the development.

The $80 million project, led by Indianapolis-based Puller Group, includes plans for a 16-acre water park and 244-room Wyndham Hotel within Fishers Marketplace, a mix of shops, restaurants and offices.

Old National Bank foreclosed in August on the south half of the 104-acre site, which was owned by Indianapolis developer Skjodt Thomas & Associates.

Fifth Third Bank is attempting to foreclose on the other half owned by the Puller Group. The case is pending in Hamilton Superior Court.
 
 

ADVERTISEMENT

  • What about
    Pinecrest marine is in there somewhere? Are they staying or going? Who's gonna fix my boat?
  • vacant lot
    Nice job turning the Britton Golf Course in to a flat,ugly,dusty vacant lot. Perhaps Fishers could have done a better job ensuring the project had it's financial act together before they leveled the course. Let's hope the auto park project gets closer finacial scrutinty before they demolish the lumber co. and start moving dirt.
  • Great
    Bill,

    Yes it was much better as as an empty non-money generating field.
  • Blight
    More suburban blight for Feeshers.

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. I am also a "vet" of several Cirque shows and this one left me flat. It didn't have the amount of acrobatic stunts as the others that I have seen. I am still glad that I went to it and look forward to the next one but I put Varekai as my least favorite.

  2. Looking at the two companies - in spite of their relative size to one another -- Ricker's image is (by all accounts) pretty solid and reputable. Their locations are clean, employees are friendly and the products they offer are reasonably priced. By contrast, BP locations are all over the place and their reputation is poor, especially when you consider this is the same "company" whose disastrous oil spill and their response was nothing short of irresponsible should tell you a lot. The fact you also have people who are experienced in franchising saying their system/strategy is flawed is a good indication that another "spill" has occurred and it's the AM-PM/Ricker's customers/company that are having to deal with it.

  3. Daniel Lilly - Glad to hear about your points and miles. Enjoy Wisconsin and Illinois. You don't care one whit about financial discipline, which is why you will blast the "GOP". Classic liberalism.

  4. Isn't the real reason the terrain? The planners under-estimated the undulating terrain, sink holes, karst features, etc. This portion of the route was flawed from the beginning.

  5. You thought no Indy was bad, how's no fans working out for you? THe IRl No direct competition and still no fans. Hey George Family, spend another billion dollars, that will fix it.

ADVERTISEMENT