Transforming Indiana With a Mixed-Use Community

Flaherty & Collins Properties' redevelopment aims to create an urban environment.

By Dees Stribling, Contributing Editor

Fishers, Ind.—Flaherty & Collins Properties has opened its latest property, The Depot at Nickel Plate, a mixed-use development in the Indianapolis suburb of Fishers, Ind., with 242 apartments and retail space. The property will also include a 430-space structured parking garage with access-controlled spaces for residents and covered parking spaces for retail customers.

Common amenities include a health and fitness club featuring interactive group fitness onDemand, a yoga/Pilates studio, a Game Room, Cyber Café, Screening Lounge and Club Room. The Depot also features a pet wash and bark park. Two courtyards sport dining and grilling areas, extensive landscaping, an outdoor TV lounge, fire pit and resort-style pool with cabanas and sun shelf.

The Depot features over 17,000 square feet of street-front retail in downtown Fishers, at 116th St. and Municipal Dr. Flaherty & Collins Properties CEO David Flaherty called the project is a “key component of the transformation of downtown Fishers.”

One of the main goals of the redevelopment of the area, Flaherty added, is to create a walkable, urban environment. The property already has a Walk Score of 74, or “Very Walkable,” and that will probably improve as other kinds of growth occurs in the vicinity. As a participant in Fishers Bike Share program, the property features secured bike storage, with a bike wash and repair shop.

A number of retail shops in the property have already been occupied. Five tenants—the Dottie Couture boutique, Brixx Wood-Fired Pizza, Yogurtz, Flamme Burger and Salon Seven — will occupy nearly 10,800 square feet, all of which will open this year. Currently, only about 6,250 square feet of retail space remains.

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