Fishers Development to get Medical Complex

Fishers Development to get Medical Complex

Fishers Development to get Medical Complex

November 3, 2003 - Indiana Business Journal (Online)

By: Katie Maurer

Community Health Network has purchased 25 acres for a Fishers medical campus, and plans to begin building on the site by the beginning of next year.

The campus – which will include primary care, specialty care and ancillary services – will sit within a multi-use development known as Saxony. Community Health officials said the site was chosen for its proximity to the fastest-growing part of the Indianapolis area.

“We have been looking at the land for quite a while,” spokeswoman Sue Reimbold said. “The main reason [we chose it] is the huge growth in the area.”

The 25 acres situated on Olio Road about a half-mile north of 126th Street, within the Saxony Corporate Campus. The development encompasses 700 acres in Noblesville and Fishers. The property runs from Olio Road on the east, to Brooks School Road on the west, 146th Street on the north and nearly 126th Street on the south. Interstate 69 bisects the parcel.

Plans call for 3.5 million square feet of corporate uses, 1 million square feet of retail space, and 1,250 living units, both single-and multi-family. While most of the corporate uses will be west of I-69, retail and residential are planned for Saxony Village, on the east side in Fishers.

Community operates two hospitals in the vicinity – one in Anderson and another at I-69 and 82nd Street. A host of the network’s physicians are also based in the interstate corridor, making Saxony an ideal place for expansion, Reimbold noted.

For now, Community has outlined plans only for a single building, which will house primary care and specialty care. The rest of the land is designated for medical facilities, but the organization is waiting to decide exactly how it will use it.

“Those plans haven’t been solidified,” Reimbold said. “Given the size of the land, there are a lot of different possible uses for it.”

Meanwhile, Toledo, Ohio-based Republic Development is continuing to talk with other prospective commercial users for its project. IBJ reported Oct. 13 that the firm is interested in attracting life sciences firms, but isn’t ready to identify potential clients.

A medical user was part of the Saxony plan all along. The developer hopes to use Community Health’s presence as a marketing tool with would-be residents in the area, particularly those of baby-boom age and older, Republic President Rick Arnos said.