If you drive to the new Launch Fishers Building, you will pass a vacant structure along Visionary Way.  The site was once a Charles Schwab regional client center, but it has been vacant for a very long time.

There was a hint at the Fishers City Council meeting Monday night that there is some serious interest is someone making use of that vacant office building.   Council members unanimously approved a resolution designating the property as an Economic Revitalization Area (ERA).  That clears the way for the council to act quickly on a tax abatement should a deal be reached for a business interest to occupy the building.

City officials say the recent declaration of the area by the State of Indiana as a Certified Tech Park has renewed interest in the property.  The designation allows up to $5 million in state tax revenue generated in the area to remain in the area for infrastructure improvements and other uses.

When asked after the council session if an announcement for a new tenant in the former Schwab building is expected before the next council meeting one month from now, the mayor said, “Potentially.”

There was no indication from any city officials as to who may be interested in the building.

All we can do now is wait and see what happens next.