The software and engineering-services firm Flexware Innovation announced Friday morning that it is teaming with the city of Fishers to develop a $3.5 million building in the Nickel Plate District that will house its headquarters and space for other tenants.
Flexware said it will occupy 12,000 square feet of the 24,000-square-foot building. Groundbreaking is expected this fall.
The 21-year-old company— currently headquartered at 9128 Technology Lane, west of the Interstate 69 and State Road 37 exit—helps manufacturers boost efficiency through the use of data and automation.
Flexware last November announced it planned to add 68 workers over the next four years, boosting employment to around 130. The new positions are expected to offer average salaries of almost $100,000 annually, about 75 percent higher than the Hamilton County average wage.
“We are so excited about Fishers’ vision of being a smart, vibrant, and entrepreneurial city and believe the downtown location will help as a recruiting tool for our firm,” Flexware President Scott Whitlock said in a written statement.
The office building would be constructed north of the ellipse at the Nickel Plate District Amphitheater. Flexware is investing $3.5 million, and the city of Fishers is offering incentives in the form of a tax abatement and fee waivers totaling $266,404. The city also is building a 100-space parking lot that will be available for free public use in the evenings and on weekends.
The City Council will consider the Flexware agreement this month.
The project would continue the dramatic transformation of downtown Fishers, which has seen $340 million in commercial and residential investment since 2015.