If you listened to my podcast with Jake Reardon McSoley and Fishers Mayor Scott Fadness last week, or read my story based on that podcast posted August 8, the mayor talked about some big economic development projects to be put before the City Council.
The REV mixed-use development, including some condos expected to sell for $1 million, just west of the Nickel Plate Trail along 116th Street, has been announced, projected to be a $35 million investment, and that economic development agreement will be before the City Council Monday night.
However, the mayor also said more projects were to be announced and placed before the council Monday, with a total of a quarter-of-a-billion-dollars in investment within our city. (Note, I got the dollar amount wrong on my original story and corrected it later…dangers of journalists doing math). Fadness described one upcoming project as “downright cool.”
City officials tell me the announcement of those, so far unannounced, projects has been delayed. There is no indication at this point that the projects are not going to happen, the announcement and council action on these projects have apparently been been put off.
So, it appears we will need to wait a little longer to learn of what the mayor describes as a “downright cool” plan and additional development announcements.