More than 100 acres to be developed soon


By Dan Domsic

Construction is underway at a mixed-use project, Fishers Marketplace, at the corner of Ind. 37 and 131st Street.

Before the 2008 recession, the site was intended for a mixed-use development that included a water park and more, according to Tom Dickey, Town of Fishers director of community development.

That’s since changed, as has the master developer, which is now Thompson Thrift, developing on behalf of Old National Bank.

“It’s for real,” Dickey said. “They’ve really gotten some momentum and have commitments, and we have construction going. I think the years of wondering what’s going to happen on that site are probably behind us, at least (for) this southern part of the development.”

Covering about 104 acres, there are big plans for the site. Already under construction is a Walmart Neighborhood Market, slated to open in October or November, according to Chris Hake, director of regional development at Thompson Thrift.

Lake City Bank is building a branch at the corner of 131st and Ind. 37, and Thompson Thrift is endeavoring to develop more than 15,000 square feet of both shopping and retail space, Hake said.

That space will be built in front of Walmart on Ind. 37. Hake said Bagger Dave’s Legendary Burger Tavern will anchor that space, taking up a third of the footage, which also will be occupied by national retailers and restaurants.

Perspective patrons can expect construction to kick off in October and for the tenants to open late next spring.

As far as standalone restaurants go, Hake said two restaurants and one retailer are under contract for three of the four out-lots in the southern 40 acres, and in the northern acreage two out-lots will be filled by a national restaurant and a local restaurant.

Dickey said Zaxby’s will be going before the Planned Unit Development Committee for building approval and Squealers BBQ filed to go before the Technical Advisory Committee, a step toward acquiring a building permit.

Zaxby’s is a chicken-centric chain, while Squealers has one Indianapolis and one Mooresville location.

In addition, construction for a 300-unit apartment complex, Addison Landing, starts in early September. The complex will be located on the project’s southern 40 acres, Hake said.