Developer Proposes an Urban Project

Developer Proposes an Urban Project

Developer Proposes an Urban Project

June 21, 2001 – Paraphrased Article from Indianapolis Star

By: Stuart A. Hirsch

FISHERS, Ind. – Indiana’s fastest growing town could boast not one but two downtown areas if a 370-acre development wins approval from town planning and elected officials.

The development called Saxony would feature a commerce center at its northernmost edge, the Exit 10 interchange at I-69 and Ind. 238.

A variety of apartments and condominiums, commercial centers, parks, offices and single family homes would be built to the south down to 126th Street.

Ohio-based Republic Development is the lead developer. Bird/Houk & Associates handled the design work.

As someone involved in the Indianapolis residential and commercial real estate market for 15 years, Arnos said Fishers had two of the most important ingredients to make such a project work: easy access to a major transportation artery and sustained, fast-pace growth.

The communities created in this country have become very uniform,” Arnos said. “We think this is an opportunity to provide another form and lifestyle,” especially one that caters to seniors, young urban professionals and corporate users.