Fishers using eminent domain to acquire Geist park site

The city of Fishers is looking to take control of land along Geist Reservoir where officials want to build a park and beach.

Fishers last spring announced plans for the 69-acre park on the last undeveloped parcel along the lake, which is largely surrounded by expensive homes.

Property owners turned down a $9.7 million offer from Fishers, The Indianapolis Star reported. The city then began the eminent domain process in Hamilton County court to obtain the land. A judge has appointed three appraisers to determine a fair market price by Feb. 4.

Fishers spokeswoman Ashley Elrod said city officials are continuing negotiations with the owners. Fishers wants to begin construction in 2019 along the 1,900-acre lake that straddles the Indianapolis-Fishers line.

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our updated comment policy that will govern how comments are moderated.

{{ articles_remaining }}
Free {{ article_text }} Remaining
{{ articles_remaining }}
Free {{ article_text }} Remaining Article limit resets in {{ count_down }} days.