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Ossip to move HQ, open flagship store in Fishers

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Ossip Optometry plans to open a flagship store in a funky building off 96th Street in Fishers, just around the corner from where it's putting its new headquarters.

Fishers Town Council signed off Monday on an economic development deal that calls for the eye-care chain to move its central office from Fort Harrison to Crosspoint Business Park and to establish an optometry center at 7864 Crosspoint Commons—a long-vacant building that once housed a jewelry store and a restaurant.

rocks ossip 15colOssip will remodel this building at 7864 Crosspoint Commons that once housed a jewelry store and restaurant. (IBJ file photo)

In exchange for a two-year tax abatement and some waived development fees, Ossip said it would spend more than $3 million on improvements between the two locations. It plans to nearly double its Fishers presence by 2018, adding a total of 59 jobs.

Expected to open this year, the Ossip Crosspoint Clinic will replace two existing offices: Ossip’s 15-employee Fishers clinic and its eight-worker Castleton Eye Care. As the new facility grows, another 19 positions are planned.

Ossip plans to move its 46 headquarters workers into their new digs at 9795 Crosspoint Blvd. this spring. The company also promised to add 40 more jobs with the same $28-an-hour average wage by 2018.

Sister firm Ossip Family Real Estate LLC has an option on that 41,000-square-foot building, which has two tenants that will stay put. Ossip’s offices can grow into about 35,000 square feet of space.

The company has already found a buyer for its existing headquarters building at Fort Harrison, attorney Sean Clapp said.

Second-generation visionary Dr. Gregg Ossip said the company has matured along with Fishers, the site of its second office. Founded in Broad Ripple in 1952, Ossip operates or manages more than 40 optometry practices in Indiana and Illinois.

“It’s a great, growing area,” he said Monday.

Fishers will forgive all of the real property taxes on the clinic building during the first year of the agreement and 50 percent in the second year. The town also agreed to waive most development fees related to both projects for one year. The lone exception: impact fees, which pay for municipal infrastructure.

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  • Great move!
    The tax abatement deal for Ossip Optometry to relocate its operations and flagship store to Fishers is the kind of economic development that ?Fishers? should be doing more of. Other deals with TIF districts that will cost the city more in debt service than they will bring in with new tax revenue are not so desirable, and too many such deals can affect a city's financial health.
  • Congratulations
    Congratulations to my friend and colleague his expansion.
  • Great reuse!
    No pun intended, but I'm glad to see that something is finally going into the old Preston's Rocks building. Should be a great reuse for that. One question: you alluded to Castleton Eye Care moving into that new building - is that the business currently located on Castleton Road?
  • enjoyable
    I happened to like the "second-generation visonary" description, Andrea. Well done!
  • Actually ...
    I came up with that line myself, Michael. Apparently it was a less-than-successful play on words. Thanks for reading.
  • Jobs
    Love Ossip! Tell us more about the kind of jobs that we can apply for. We're delighted about your expansion.
  • Nice steno work
    "Second-generation visionary" ... looks like someone didn't edit the press release quite enough.

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