The Fishers Town Council approved two resolutions tonight: one that paves the way for Colorado-based bioluminescent technology company Vox Lumen to relocate its headquarters to Fishers, and another that solidifies a five-year lease extension with OfficeWorks. Spearheaded by the Fishers Advantage initiative, together the two agreements bring more than $12.5 million in investment to Fishers.
“The Vox Lumen and OfficeWorks agreements highlight the overarching appeal of Fishers — no matter the industry,” said Fishers Town Council President John Weingardt. “Diversification is very important to the long-term sustainability of our economy. Our quality of life, stellar workforce and low cost of doing business will continue to draw innovative businesses of all kinds to Fishers.”
Vox Lumen intends to relocate its global headquarters from Littleton, Colorado to Fishers, investing $12 million and adding 87 jobs in January 2014 with plans for an additional 83 new jobs over the next five years. The Town of Fishers’ assistance includes $800,000 to purchase manufacturing equipment and is expected to be repaid by the personal property tax paid by Vox Lumen. The company plans to lease 117,000 square feet at 11899 Exit Five Parkway.
OfficeWorks has agreed to a five-year lease extension in its current building at 12000 Exit Five Parkway. Currently, the company has 55 employees and plans to add seven positions over the next five years. OfficeWorks and its landlord plan to invest a total of $700,000 in building improvements and equipment with $150,000 in assistance from the Town of Fishers.
In addition to approval by the Council, the Fishers Advantage deals must also be approved by the Town’s Redevelopment Commission and Economic Development Commission at future meetings in January.
The Fishers Advantage, Fishers’ aggressive economic development initiative, has recruited over 1,250 jobs and retained nearly 400 jobs over the past 30 months by highlighting the excellent business climate, quality of life and talented workforce in Fishers.