As many parts of Fishers have seen development, the area north and west of 96th Street on the city’s southwest side has had several proposals that have fallen flat in the past.  Tuesday morning, CRG Residential and the City of Fishers celebrated a ground breaking ceremony for the $135 million River Place project at 96th Street and Allisonville Road.

The plans call for 381 luxury apartments, 81 for-sale townhomes proposed to be built by Pulte Group, and 35,000-square-feet of mixed-use space. Construction begins this month with plans for move-in ready units in 2024. In addition to construction, CRG Residential will be supporting the city’s effort to re-configure the intersection from a Michigan Left to a roundabout, which will commence this spring with an anticipated completion date of the end of 2023.

The city plans a park along the White River, which Mayor Scott Fadness says will be financed through a READI grant provided by the State of Indiana.