
The long-delayed Maple Del housing project in the Nickel Plate District is nearly ready to break ground after the Fishers Redevelopment Commission unanimously approved changes to the project agreement Tuesday afternoon.
The amendment lets developer Mithra Development LLC assign the agreement to David Weekley Homes, which will build 54 for-sale townhomes and eight single-family homes on the site. It also removes a multiparty covenant the commission had required as protection while the home builder was still unknown.
“We’re really excited that we’re at like the one-yard line now,” said Megan Baumgartner, the city’s director of economic development and community development.
Baumgartner called the project “a long and winding road.” It began around 2018 as a J.C. Hart multifamily development. The COVID-19 pandemic led the city to rethink the site, and the plan shifted to for-sale homes under developer Corby Thompson and his Boomerang Development team. Old Town Group was initially expected to build the homes, but Baumgartner said that arrangement didn’t work out, and the team turned to David Weekley.
The architecture has been approved through the Nickel Plate Review Committee and permits are largely in hand, Baumgartner said. The amendment and a sewer agreement are the final pieces needed.
The three-story townhomes will be paired with single-family homes along the south side of the site along 116th Street, creating a buffer so headlights and parking do not affect existing neighbors’ homes and backyards.
Baumgartner said the covenant is no longer needed because city staff worked closely with the builder on the site plan and architecture. Removing it gives David Weekley Homes the comfort to take on the agreement. She said the city’s commitments to the project do not change.
Attorney Jennifer Messer told commissioners the developer’s investment has exceeded what the original agreement required. The only protection the city gives up, she said, is a trigger tied to continuing construction; the other trigger, failure to begin work, is essentially already met. Messer said it would be “super odd” for the builder to start and then not finish, given the money already invested, and noted the mayor has described the David Weekley project as the city’s best chance.
Under the amended agreement, the property must be transferred to David Weekley Homes and the first improvement location permit issued by Dec. 1, 2026. If that deadline is missed, the commission may terminate the agreement and reclaim the property. If it is met, the commission will record a release giving up that right.
The documents also state that Mithra closed on the property Dec. 27, 2024, was originally required to start townhome construction within a year, has cited delays beyond its control and has self-financed the project rather than taking a construction loan. The overall site work carries an estimated $5.6 million investment.
Asked whether neighbors had been informed of design tweaks, Baumgartner said changes went through the Nickel Plate Review Committee’s public meetings with posted notice signs. She acknowledged some neighbors still wish the city would turn the land into a park.








