IBJNews

Fishers becomes draw for seniors projects

Back to TopCommentsE-mailPrintBookmark and Share

Fishers has a reputation as a home for young families, but developers are pursuing the town’s seniors market. One skilled-care facility is about to open and another will break ground this month.

Bloomington-based CarDon & Associates is about to start construction of the $19.5 million first phase of Hamilton Trace of Fishers at 116th Street and Cumberland Road. The 110,000-square-foot building on 12 acres will house 30 assisted-living apartments and a 108-bed skilled care facility. That building is to be completed by January 2012.

Future phases will focus on independent-living cottages and duplexes, said Scott Rigney, CarDon’s director of development and strategic planning. The entire development will cover 34 acres. It’s being built on land purchased from Sunbeam Development.

Another project will be first out of the gate. By the end of October, American Senior Communities expects to open Allisonville Meadows, a 171-bed skilled nursing facility at 10312 Allisonville Road.

The need for such developments is obvious, said CarDon’s Rigney. “It’s a town of 70,000 people and there are no skilled nursing beds in the town of Fishers.”

Previously, the only community specifically for older adults was Britton Falls, a collection of single family homes between 126th and 136th streets just east of Cyntheanne Road. Britton Falls is for adults over the age of 55.

Scott Faultless, president of the Fishers Town Council, said the influx of seniors projects is an extension of the appeal Fishers holds for families.

“People who have moved here want to stay here. And we have a lot of grandparents who want to live close to their kids and grandkids. It’s part of the maturation process of the whole community.”

Even though the demand is there, seniors developments aren’t recession-proof, Rigney said. Financing for Hamilton Trace of Fishers is coming from First Merchants Bank and Centier Bank. Lining up the money was “several clicks more difficult” because of the economy, he said.

The economy also affects CarDon’s client base. Some people who might otherwise place an older family member in assisted living are keeping them at home because of the expense, Rigney said. People who are unemployed are more motivated to save money, he said, and if they are home all day they’re in a better position to care for an older family member.

Rigney said his company’s project is meant to appeal to all income levels. The facility being built in the first phase is expected to employ about 125 people.

Though CarDon is based in Bloomington, it’s no stranger to the Indianapolis market. The 34-year-old company has an office in Fishers and has facilities in Indianapolis, Carmel and Noblesville. Its 17 properties are spread throughout central and southern Indiana.

Hamilton Trace of Fishers was designed by InterDesign Architects, Civil & Environmental Consultants Inc. and Vector Consulting. Skillman Corp. is building the first phase.
 

ADVERTISEMENT

  • Fishers
    This is going to be good for the town of Fishers but the sad part is Cardon & Associates tend to purchase cheap equipment & products to where the people living there will suffer. Let's hope they take some pride in this building so it isn't an eyesore in 5 years!!
  • There is such a place with differences
    While there is a senior housing complex at that location in Fishers, it is strictly for Assisted Living and Independent Living residents. They do not offer the Skilled Nursing service line that these two buildings will offer. Yes, you are correct, they do continue to offer Memory Care as well... for Assisted Living type residents. The name of the building is The Hearth at Windermere.
  • Isn't there another place?
    Isn't there a skilled nursing facility near 96th and Mollenkopf? They even had an Alzheimer's unit at one point. That would be Fishers, in anyone's estimation.

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. Really, taking someone managing the regulation of Alcohol and making himthe President of an IVY Tech regional campus. Does he have an education background?

  2. Jan, great rant. Now how about you review the report and offer rebuttal of the memo. This might be more conducive to civil discourse than a wild rant with no supporting facts. Perhaps some links to support your assertions would be helpful

  3. I've lived in Indianapolis my whole and been to the track 3 times. Once for a Brickyard, once last year on a practice day for Indy 500, and once when I was a high school student to pick up trash for community service. In the past 11 years, I would say while the IMS is a great venue, there are some upgrades that would show that it's changing with the times, just like the city is. First, take out the bleachers and put in individual seats. Kentucky Motor Speedway has individual seats and they look cool. Fix up the restrooms. Add wi-fi. Like others have suggested, look at bringing in concerts leading up to events. Don't just stick with the country music genre. Pop music would work well too I believe. This will attract more young celebrities to the Indy 500 like the kind that go to the Kentucky Derby. Work with Indy Go to increase the frequency of the bus route to the track during high end events. That way people have other options than worrying about where to park and paying for parking. Then after all of this, look at getting night lights. I think the aforementioned strategies are more necessary than night racing at this point in time.

  4. Talking about congestion ANYWHERE in Indianapolis is absolutely laughable. Sure you may have to wait in 5 minutes of traffic to travel down BR avenue during *peak* times. But that is absolutely nothing compared to actual big cities. Indy is way too suburban to have actual congestion problems. So please, never bring up "congestion" as an excuse to avoid development in Indianapolis. If anything, we could use a little more.

  5. Oh wait. Never mind.

ADVERTISEMENT