The many coffee drinkers looking forward to a new Starbucks at 116th and Olio Road will have to wait a little longer. The Fishers City Council delayed a final decision because a traffic signal would likely to required along 116th Street with the Starbucks added to that area south and west of the intersection, near the Walgreen Drug Store.
There was a lot of discussion among the developer, members of the council and Mayor Scott Fadness. Council members expressed concern about how to pay for the traffic signal. The developer says he cannot foot the entire bill for the signal. Also, Kroger has committed to paying for a signal on either Olio Road or 116th Street as part of their expansion project. Olio is a county road and 116th is within the city’s jurisdiction.
City officials will continue to work with the developer to find a solution to the added traffic a Starbucks would create in that commercial area. Council members approved 2nd reading for the proposal…the text amendment is not final until approved at 3rd reading.
In another issue of commercial development….
City officials told the council Top Golf will not be located near 126th Street and Cumberland Road, behind Fresh Market, as originally planned. The development will now be located along I-69, just north of 116th Street. You can see a map of the location at this link. For more background on TopGolf, use this link. The fee waiver offer from the city of roughly $666,000 remains in place. Fishers Economic Development Director Brandon Dickinson says the amendment to the impact fee agreement approved by the council will allow the project to move forward.
In one other item from the April 18th session, council members took the first step to increase the park impact fee for single family homes newly constructed from $1,070 per property to $1,667. This would be the first park impact fee increase in Fishers in the past 10 years. If all goes as planned, the new impact fee would likely take effect in 2017.