Thompson Thrift Retail Group proposes apartments at The Yard


Watermark Residential will develop the proposed luxury apartments at The Yard. (Submitted rendering)

Thompson Thrift Retail Group recently proposed luxury apartments in the new culinary development, The Yard, near 116th Street and I-69 in Fishers.

According to a press release from Thompson Thrift, the proposed apartments will be above retail space and a parking structure on the northeast corner of the property. Watermark Residential, the multi-family division of Thompson Thrift, will develop the apartments.

“We are excited about incorporating this use into the project, which will further serve to make The Yard at Fishers District a one-of-a kind destination and gathering place for the community,” Thompson Thrift Retail Group managing partner Ashlee Boyd stated in a press release. “It really is a natural fit for the project that will greatly enhance the consumer experience and activate the project on a daily basis, bringing more energy to an already dynamic environment.”

The proposal includes 252 apartments, 120,000 square feet of retail, two hotel concepts and a three-story parking garage. It is the only multi-family development proposed for The Yard.

“Watermark Residential is excited about this best-in-class multi-family site. Our residents will enjoy the unique experience and culinary-based retail development that is currently planned. Adding apartment homes to Fishers District is a logical decision and we are looking forward to being a partner in this project,” stated Josh Purvis, managing partner for Watermark Residential.

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