Residential homes set for Nickel Plate area


By Mark Ambrogi

As a Fishers resident for more than 20 years, Mark Gradison has seen many changes in the city.

Now, Mark and his brother, Joe, plan to add another one with the Lawrence-based Gradison Design-Build’s South Village of Nickel Plate, a $30 million investment over the next five years to build 60 homes.

“We’ve seen a lot of growth in the community but one of the things that we have always seen as lacking is single-family homes in the downtown Fishers area,” said Mark, making the announcement at the intersection of Morgan Drive and Meadows Drive June 1. “Our vision is to fill this void with a project that will be across urban-inspired single-family homes that will be across this area.”

The price range will be $400,000 and up for the first initial session. There will be a model home available later in 2017.

Mark said it will be an urban walkable community that will let residents of South Village enjoy the downtown Fishers area.

“We have a lot of great amenities in the immediate area, we have a park and Nickel Plate trail on the other side of the fence,” Mark said. “We’re two blocks from downtown and it’s a walkable community. We have a school (Fishers Elementary School) that is located 150 yards to the east. There is all the new retail in the downtown area.”

Mark said they have acquired enough existing homes already to have 60 new homes. Most will be demolished, Mark said.

“There may be more (homes) in the future,” Mark said. “Most everyone (home owners) has come to us. Nobody is being forced out, it’s all if they desire to move at this point in time, then we are here to help them.”

Joe said there has been a great demand for homes in the area.

“Young professionals that desire to be close to work, young families that like to be close to their school and empty nesters want to be close to lively, urban environment,” Joe said. “In our 30 years of building homes, we’ve never had the chance to transform an existing neighborhood.”

The first ground-breaking is set for July.

Five homes have been demolished for the first phase, which includes 20 homes and a commercial building.

The sizes of the lots are less than a quarter of an acre.

“This client doesn’t want to have a big yard, that’s not why they are moving here,” Mark said. “They are moving here for the amenities and downtown Fishers.”

Most of the homes will have three-to-four bedrooms, and some will have five bedrooms.

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