Sneak a peek at The Depot mixed-use project in Fishers

September 17, 2013
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Construction fencing is up and trees are coming down in front of Fishers Town Hall in preparation for next month’s groundbreaking on The Depot at Nickel Plate, a mixed-use project that officials hope will launch a wave of downtown redevelopment.The Depot at Nickel Plate rendering

A partnership between the town and Flaherty & Collins Properties, the $42 million project includes 242 luxury apartments, more than 15,000 square feet of retail space and a 430-space parking garage.

Residents should be able to move in beginning in November 2014.

“We are moving forward without any hiccups,” Community Development Director Tom Dickey told members of the town council at a work session Monday night.

He also unveiled a new architectural rendering of the completed project, showing off a rooftop deck overlooking 116th Street that will be accessible to occupants of a two-story residential unit above the retail space. (Click here for a larger view.)

The mostly one- and two-bedroom apartments will average 934 square feet in size and are expected to rent for $949-$1,850, according to promotional material from the Indianapolis-based developer.

No tenants have been announced for the commercial space, but it’s no secret that town leaders are clamoring for a “destination” restaurant to draw residents downtown.

It’s all part of a broader strategy to build a more vibrant community. Fishers has assembled almost a dozen properties east of its municipal complex to encourage additional development, and town leaders say deals are brewing.

Work on The Depot’s parking garage is scheduled to start Oct. 14, and wood framing of the retail area along 116th Street should begin in January. The first phase of apartments is expected to be done in November 2014, with the remainder online by April.

A total of 37 trees were removed for the project, Dickey said, but plans call for 80 to be planted on the site.

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  1. These liberals are out of control. They want to drive our economy into the ground and double and triple our electric bills. Sierra Club, stay out of Indy!

  2. These activist liberal judges have gotten out of control. Thankfully we have a sensible supreme court that overturns their absurd rulings!

  3. Maybe they shouldn't be throwing money at the IRL or whatever they call it now. Probably should save that money for actual operations.

  4. For you central Indiana folks that don't know what a good pizza is, Aurelio's will take care of that. There are some good pizza places in central Indiana but nothing like this!!!

  5. I am troubled with this whole string of comments as I am not sure anyone pointed out that many of the "high paying" positions have been eliminated identified by asterisks as of fiscal year 2012. That indicates to me that the hospitals are making responsible yet difficult decisions and eliminating heavy paying positions. To make this more problematic, we have created a society of "entitlement" where individuals believe they should receive free services at no cost to them. I have yet to get a house repair done at no cost nor have I taken my car that is out of warranty for repair for free repair expecting the government to pay for it even though it is the second largest investment one makes in their life besides purchasing a home. Yet, we continue to hear verbal and aggressive abuse from the consumer who expects free services and have to reward them as a result of HCAHPS surveys which we have no influence over as it is 3rd party required by CMS. Peel the onion and get to the root of the will find that society has created the problem and our current political landscape and not the people who were fortunate to lead healthcare in the right direction before becoming distorted. As a side note, I had a friend sit in an ED in Canada for nearly two days prior to being evaluated and then finally...3 months later got a CT of the head. You pay for what you get...