MultiHousing News: Flaherty & Collins Properties Tranforming Indiana with Mixed-Use Community


From MultiHousing News:

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.