It was my first time to visit the mayor’s office suite in the First Internet Bank building, the temporary quarters for the mayor and a few of his staff members while the new Arts & City Hall project is under construction.  There is plenty of natural light and open spaces…so open the offices do not yet have doors on them.  I understand that is coming.

I was visiting the mayor to discuss a major announcement from his administration September 14th, a $1.1 billion package of investments in the city.  The Andretti Motorsports complex had already been revealed, but the remainder was rolled out in the announcement.

It includes an 8,500 seat venue, to be the new home of the Indy Fuel minor league hockey team and will likely host a number of other events.  Thompson Thrift, the firm that developed Fishers District, is planning more of the same with an additional Fishers District development that will look much like the original.

Italian life sciences company Stevanato plans to double its employment plans in Fishers, with 512 workers expected here by 2031.

Fadness says the economic incentive packages will be totally revealed in the coming weeks, but said the incentives will be much like other developments, featuring TIF Districts and tax abatement provisions.

Listen to my mini-podcast with Mayor Fadness about the economic development plans at the link below.