IBJNews

  • Home

Upscale grocer Fresh Market planning Fishers store

 IBJ Staff
November 27, 2012
Keywords
Grocery Stores, Real Estate & Retail, Retail, Retailers, Specialty stores
Back to TopCommentsE-mailPrint

Upscale specialty grocery chain The Fresh Market is planning its third store in the Indianapolis area, this time in a busy area of Fishers.

The Greensboro, N.C.-based company said Tuesday it plans to open a store at 116th Street and Cumberland Road, near a high-traffic intersection where a Kroger store and an LA Fitness Club are located.

The store is scheduled for a 2013 opening.

Fresh Market opened its first area store in Carmel at 2490 E. 146th St. in 2005. It added a second in 2008 at College Avenue and 54th Street in Indianapolis at a spot previously occupied by the legendary Atlas Supermarket.

The 128-store chain, founded in 1982, has stores in 25 states. Company shares traded at $60.35 each Tuesday afternoon, down 1.7 percent.

The company had sales of $313 million in the second quarter.
 

ADVERTISEMENT

  • Not
    HarveyFNovember 29, 2012 10:45 AM
    The "Carmel" Fresh Market is actually in Westfield.
    Reply to CommentFlag Comment
  • Retail goes where the money and people are
    IndyToddNovember 28, 2012 8:45 PM
    "Do we ALL have to move to the northside to get high end groceries?" Yes. At least for now. The bottom line is national businesses like Fresh Market know what they are doing and that's how they have stayed in business. There just aren't enough residents downtown to support something like this. Despite everyone that moves downtown being featured in a story in the Indy Star (that's a joke...but not that far from the truth) there still aren't that many people living downtown. Less than 30k I believe. For most people to the north of downtown the location on 54th street is going to be more convenient. Especially if they have the money to shop there. It's just tough for downtown to support a business like this compared to Carmel or Fishers with over 80,000 people each just in their city limits with very high incomes. There are pros and cons to living either in the suburbs or downtown but you've got to realize that many of the conveniences of the suburbs will never exist downtown.
    Reply to CommentFlag Comment
  • Interesting
    FishersMomNovember 28, 2012 10:32 AM
    I believe several years ago Fresh Market was slated to open a store at the same location. Wonder if it will really happen this time? Could it be because Earth Fare has entered the market north of this location?
    Reply to CommentFlag Comment
  • Do we ALL have to move to the northside to get high end groceries?
    Idyllic IndyNovember 28, 2012 9:19 AM
    What does that make about 26, 27 specialty grocers on the northside, versus how many downtown or on the southside? I'm hoping that eventually one of these chains will realize that they can make money downtown, even if the demographics aren't as good as the northside, IF they are the only specialty store within an 8-mile radius.
    Reply to CommentFlag Comment

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.

ADVANCED SEARCH
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. First, the Athenaeum is going to have to get past the hurdle with the Lockerbie residents and the agreement that the parcel would be residential. Second, and in my opinion, this prime piece of property should include parking, PLUS, a black box theater(s), some market rate and affordable artist housing and a plan to renovate and reconfigure the second story theater. I would negotiate to add the DeHaan property surface parking lot into the development mix, place a one story surface parking garage on the DeHaan lot on the street level (for the Dehaan tenants use during the daytime) and add a second story to the garage that would become an addition to the current second story theater and then change the direction of the theater by moving the stage across the alley and on top of the DeHaan lot parking. You can add all the stage elements that are currently missing from the Athenaeum stage to make it more attractive for use by Ballet, Opera and traveling productions. Plus, the theater changes would probably help solve some of the soundproofing issues. Alas,it does not seem to be a part of the strategic plan to conduct a study to determine best use of the property. Seems like the current plan is a quick and easy move that ignores the property best use/potential and any strategic property planning for the effect on future generations.

  2. I recall that MSA's pilings are still in the ground and hard to remove. It’s not likely any proposal will include significant underground construction/parking because of this. Start adding 2 floors of retail, 8 floors of parking and 5-10 floors of possible hotel, and/or 10-20 floors of residential, and you are at 30 floors already with possible expansion of all the uses. But then again I could be wrong.

  3. Accoriding to their website there is no deadline to the Do Not Call list. What is this article referring to??

  4. On what planet are they entitled to this largesse from the stockholders? These people make multi-million dollar salaries: Pay for your own personal travel.

  5. It matters because they're already paid enormously fat salaries: Pay for your own personal travel. Being "taxed on it" isn't a valid excuse--so what? They're still being gifted a raft of luxury perks from somebody else's money on top of an enormous, lavish salary.

ADVERTISEMENT