Developers Tout 'Downtown Opportunity'

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Construction on the first home is set to begin in July. Construction on the first home is set to begin in July.
FISHERS -

The developers of a planned $30 million residential project in Fishers say the neighborhood will provide "that downtown opportunity" for homebuyers that the city hasn't always had. Mark and Joe Gradison of Indianapolis-based Gradison Design-Build say the 60-home South Village of Nickel Plate project will provide a walkable experience and connect to a "top-notch elementary school."

The company says roadwork will begin in the next 30 days, with work on the first house to begin next month. Mark Gradison believes the neighborhood will be especially attractive to young people buying their first home as well as empty nesters. It will be within walking distance of the Nickel Plate District, the Nickel Plate Trail and Fishers Elementary.

The homes are expected to start in the $400,000s. A groundbreaking ceremony is set for July.

The announcement comes the same week that Fishers Mayor Scott Fadness detailed a $9 million plan to transform the last remaining significant undeveloped plot of land along the Geist Reservoir. The proposed 70-acre waterfront park would include a public beach, amphitheater and public access for canoes, paddle boards and kayaks. That project could be complete by 2019, pending land purchase negotiations.

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