Central Indiana favorite Bub’s Burgers and Ice Cream has chosen downtown Fishers for its fourth restaurant, town officials announced Thursday evening.
Fishers Town Council will consider waiving development fees to land the popular family eatery, which also has locations in Carmel, Zionsville and Bloomington.
Bub’s plans to invest almost $1.3 million to build and equip a 5,000-square-foot restaurant that will employ more than 125 workers in Fishers’ Nickel Plate District.
Construction is expected to begin late this year and be done in time for a mid-2015 opening.
The restaurant will be located at the end of Jaycee Street, near the intersection of Moore Street (between Lantern Road and the Nickel Plate railroad tracks) and the planned Fishers Corner Boulevard. Fishers Corner is being extended past Lantern to connect with Municipal Drive west of the tracks, offering motorists an east-west alternative to the heavily traveled 116th Street.
Waiving town impact fees tied to the project would save Bub’s $122,000, officials said. The Fishers Town Council is scheduled to vote on the economic development deal Monday.
Founded in Carmel in 2003, Bub’s is known for its Big Ugly Burger, a one-pound behemoth (after cooking) that attracted Travel Channel’s Adam Richman of “Man v. Food” fame. (He tried to eat four, but stopped shy of three.)
The Bloomington location opened in 2010, and the Zionsville restaurant opened early this year near the intersection of South Main Street and 106th Street.
Owners Matt and Rachel Frey have been planning a Fishers expansion for years, Matt Frey said in a prepared statement.
Developers are working on more than $90 million in projects in the Nickel Plate District, which town leaders want to transform into an attractive, bustling downtown.
The first apartments and retail space at Flaherty & Collins’ $42 million The Depot at Nickel Plate are expected to be available for tenants this fall. That project, which is going up along 116th Street in front of Fishers Town Hall, kicked off the redevelopment spree.
Also in the works: a $28 million mixed-use project and parking garage on the former site of the Fishers Train Station; an $18 million office-and-retail building with structured parking at the northeast corner of 116th and Lantern Road; and a $5.5 million headquarters for construction firm Meyer Najem just east of the Fishers Public Library.