Fishers City Council approves The Stations at Fishers District, 6-1

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The Fishers City Council met March 18. The next meeting is scheduled for 7 p.m. April 16 at City Hall, 1 Municipal Dr. For more, visit fishers.in.us.

David George was cast the only vote against The Stations at Fishers District, which includes commercial, retail, a hotel and townhomes. (Submitted image)

What happened: The Fishers City Council approved The Station at Fishers District, 6-1, with David George voting against.

What it means: The Stations at Fishers District, an 8.67-acre parcel near The Yard at Fishers District, petitioned for a rezone to allow for commercial, retail, a hotel and townhomes to be built on the property. George voted against the property because he believed a creek and existing trees on the property should remain to provide for a view from the townhomes, but the developers plan to remove the creek. The development passed as is.

 

What happened: The council unanimously tabled a petition to rezone a 1.97-acre parcel at 12244 E 116th St., which would allow for a multi-tenant, residential-style office building with space for six tenants.

What it means: Council member Todd Zimmerman had concerns about the proposal’s appearance, stating he is worried it looks more like a strip center compared to nearby commercial development. “I probably would be opposed to this on this initial pass. I’m not opposed to the project in general, I want you to understand that, but it was starkly different to what was put up to the west,” he said. “I get what they’re trying to do, but it’s starkly different to me.”

Petitioners will make changes to the design before they return to council.

 

What happened: The council unanimously approved a motion to re-establish the Cumulative Capital Development Fund.

What it means: The CCD Fund was established by Fishers in 1984. It is used for municipal purposes, and Fishers mostly uses it for HVAC replacement, new roofs, new windows and fleet lease repayment, among other items. The fund is required to be re-established every year. Re-establishing the fund does not increase the tax rate. No one spoke during the public hearing.

 

What happened: The council unanimously approved a request from Knowledge Services to extend the construction completion date to the end of September.

What it means: Knowledge Services was originally approved in May 2017 with the agreement to construct an 80,000-square-foot facility with 400 new jobs on 17 acres on the northeast quadrant of I-69 and 106th Street. Construction will be completed by the end of September instead of the original date of March 31.

 

What happened: The council unanimously approved a project agreement with Browning Investments.

What it means: Allows for construction of the north side of the $157 million mixed-use project proposed by Browning Investments for downtown Fishers, bordered by Nickel Plate Railroad, North Street, Maple Street and South Street. First Internet Bank will anchor the south side of the development, but the north side includes $61 million of the total $157 million project. The north side portion will include 235 residential units, 11 retail and office lots and a 329-spot parking garage. It also will include a plaza area with the Nickel Plate Trail. This portion of the development also will include structural improvements to buildings on 116th Street.

“We are very excited to begin the process of redeveloping this area. I think we have a very good floor plan and site plan that has offices, retail, plenty of parking and residential units to go on the site and, as mentioned, we are building a plaza area,” said Jamie Browning, vice president of real estate development with Browning Investments.
Chris Reid, the president of CRG Residential, which is partnering with Browning Investments on the project.

Browing, Fishers resident, called it a personal pet project.

Incentives from the city for include covering land acquisition costs, a parking garage impact fee waiver, providing allowances for utility and public infrastructure and existing structure rehabilitation. It is all covered by a $21 million bond.

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