Outlook For Business
Outlook For Business
February27, 2003 - Topics Newspapers
By: Johanna Tran
New businesses are set to come to Hamilton and northern Marion counties, Fortville and Zionsville this year:
- Carmel -- Construction of the 180,000-square-foot Allete Automotive Services headquarters and ITT Educational Services headquarters are under way along the Meridian Corridor north of 126th Street.
- Cicero area -- A cell-phone antenna will be installed on a new water tower located west of Morse Lake, improving service west of town.
- Fishers -- Forum Credit Union plans a 110,000-square-foot addition to its corporate headquarters off Interstate 69. Irwin Mortgage Corp. will open its 125,000-square-foot headquarters this spring for 600 employees. Additionally, the 350-acre Saxony mixed-use development on the south side of Exit 10 at Olio Road and Indiana 238 will be the site of the Indiana Wesleyan Foundation's headquarters. I-69 also will become the site of a new hotel and conference center. Three vacant buildings will see new tenants this year: AutoNation, Kerr/Thompson and Light Lab.
- Fortville -- About 25 acres of industrial ground east of Town Hall will bring more businesses to the area, but Town Manager Joe Neeb could not reveal any names.
- Lawrence -- At least three new businesses -- a Subway, another fast-food restaurant and a full-service restaurant -- may go in near Fort Harrison. Ivy Tech State College also will enlarge its presence by bringing its nurse's training facility to the school. A branch bank also is slated to open. On the Pendleton Pike corridor around Sunnyside Road, construction begins on a Steak 'n Shake, Kohl's and Wal-Mart Supercenter.
- Noblesville -- Alongside Ind. 37, eateries such as Chick-fil-A, Bob Evans, O'Charley's and Chili's are expected to spring up in Stoney Creek Commons. Next door in Stony Creek Marketplace, land has been acquired for a Meijer store. Construction is expected to start this year. Logan's Steakhouse, T.J. Maxx, Linens-N Things, Pier 1, two banks, Ossip Optometry, Factory Card Outlet, and Barnes and Noble also are expected to appear this year. Up the street at the southwest corner of Ind. 37 and Greenfield Avenue, a Quality Hotel is under construction. On the southeast corner of Cumberland Road and Ind. 238, Cumberland Pointe, 346 multi-family units and office space, has been proposed.
- Sheridan area -- Herons Hideaway, a conference center/retreat, is scheduled to open June 1 in an area northeast of the town. Located on 6 acres with a lake, the 1,000-square-foot building will accommodate corporate-level and private meetings.
- Marion County's Washington Township -- Ryland Homes will begin building townhouses at 86th and Meridian streets this spring. The Target store at Nora Plaza has begun construction on a 115,000-square-foot building at the north end of the plaza.
- Westfield -- The town will take steps this year to pre-zone land so investors won't have to wait for administrative reviews to occur. Town council also will review other communities' incentive guidelines to develop its own. As for Westfield's most heavily targeted pockets of economic development, the town has started working with landowners to the northwest on zoning issues and infrastructure investments.