The downtown Fishers Depot project is now at the point where developer Flaherty and Collins is set to have a grand opening. The ribbon cutting ceremony is scheduled for Thursday, July 23. The Open House is 4-7pm.
The Depot is located on city property along 116th Street, next door to the post office. The $42 million project has 242 apartments.
The property has already attracted a number of retail tenants, including Dottie Couture Boutique, Brixx Wood-Fired Pizza, Yogurtz, Flamme Burger and Salon Seven. 6,249 square feet of retail space remains
The residential rent ranges of $950 to $3,850 per month, depending on the number of bedrooms and square footage.
The complex includes a 430-space structured parking garage, with controlled access for residential tenants . The rest of the parking spaces are for retail customers and those attending events at the City Hall complex.
The Depot and Switch projects in downtown Fishers became a political issue in the 2014 when some Republican primary mayoral candidates, including former Town Council President Walt Kelly, argued that public land such as the municipal complex should not be used for commercial development. Scott Fadness, a supporter of both projects, won the primary and was unopposed in the general election. Fadness is unopposed in this year’s mayoral election for a four-year term in office.