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North of 96th - Lindsey

Welcome to North of 96th, your source for business news from Carmel, Fishers, Noblesville, Westfield and Zionsville. Your host, Lindsey Erdody, can be reached at lerdody@ibj.com.

Boone County / Hamilton County / Regional News

Ginovus relocating from Keystone Crossing to downtown Fishers

December 14, 2015

Indianapolis-based site-selection consulting firm Ginovus LLC is moving to the Nickel Plate District in Fishers.

Under a 10-year lease agreement with the Fishers Redevelopment Commission, Ginovus will occupy 4,800 square feet on the first floor of The Switch development on 116th Street and Municipal Drive starting July 1.

Ginovus will pay $92,120 annually for the first five years of the lease, $98,523 for the next two years, and $100,926 for years 8-10.

Larry Gigerich, managing director for the firm, said the company’s lease at Keystone Crossing is expiring so the search for new space started about six months ago.

“Fishers was really the place that made the most sense,” said Gigerich, who served as president of the Indianapolis Economic Development Corp. in the late 1990s. “We think it’s a great fit for who we are.”

Some of the firm’s clients include Oracle Corp., Charles Schwab Corp., Salesforce.com and Roche Diagnostics Corp. Ginovus also worked with Hat World Inc. to acquire 15.6 acres in Zionsville’s Creekside Corporate Park for a 150,000-square-foot headquarters.

The company has 10 employees.

The Switch is a $28 million mixed-use development on land where the Fishers Train Station once stood. The project includes a three-story office and retail building, a four-story apartment complex and 442-space parking garage.

In May, the Purdue College of Pharmacy’s Center for Medication Safety Advancement and the Purdue Manufacturing Extension Partnership announced plans to occupy the second floor of the office/retail building. In July, CloudOne announced it would occupy the 11,518-square-foot third floor of the building.

Fishers had initially pegged the first floor space for its parks and recreation department, which is currently located at 11565 Brooks School Road just to the south of 116th Street, but is now looking at other options for a new parks office.

“We would like to bring parks and rec a little bit closer to home,” director of economic development Brandon Dickinson said.

The Fishers Redevelopment Commission approved the lease Monday.

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