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A Hamilton County-based development team plans to build single-family houses and town houses at a site in Fishers that was previously slated for apartments.
Corby Thompson and Steve Zinkan, who formed Mirtha Development LLC, and Carmel-based Old Town Cos., plan to build 10 single-family houses and 56 three-story town houses at the site of the formerly proposed Maple Del multifamily project.
The new $28 million Maple Del development planned on 9.6 acres at East 116th Street and Maple Drive, west of the Nickel Plate District, would be Old Town’s first project in Fishers. Fishers will sell the property to Mirtha Development for $1.1 million, according to city documents.
Thompson told the members of the Fishers Redevelopment Commission this week that single-family houses at the development are expected to be priced at $700,000 to $750,000 and town houses at $500,000 to $550,000.
A site plan shows the 10 custom-built single-family houses along the southern edge of the property, a retention pond, 15 town houses lining East 116th Street and the remaining town houses going from the middle of the property to the eastern edge.
“This is going to be really unique to Fishers to have freestanding single-family homes in the downtown location, so we’re excited about it and so is Old Town,” Thompson said.
About five years ago, Carmel-based The Hageman Group purchased 16 houses in the former Maple Dell subdivision. The houses were demolished, and Carmel-based J.C. Hart Co. proposed a $36 million plan in 2020 for a 190-unit neighborhood made up of three-story apartments, three-story town houses and two-story duplexes.
Last year, J.C. Hart walked away from the project after the city asked the developer to rework the plan following concerns from residents in the nearby Charleston Crossing neighborhood about the number of apartments being built in Fishers. The city then purchased the land and looked for another development deal.
Thompson told Redevelopment Commission members that he “did not hear one negative comment” from neighbors about the new single-family and town house development.
He said engineering work will likely begin at the site later this year with construction beginning in 2025.
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I commend Fisher’s city planners and City Council for listening to the concerns of those who elected them to office and nixing the original development plan. We have far too many apartment buildings going up in Fishers. I fear the traffic and congestion we will endure with the influx of so many in such a small area.
It’s due time that the Redevelopment Commission put the breaks on the seemingly unharnessed building of apartments in our town!
I do understand that sentiment. Nobody wants a city full of apartments. But for the businesses and restaurants opening in the Nickel Plate District to survive long term, they need the downtown population to grow. The more people that live in that core, the better. Hopefully it is through a healthy combination of townhomes/condos and apartments. Projects like City Walk are a perfect combination of that and should really help support the downtown businesses. City View should also be a great addition as it brings 55+ citizens within walking distance of all the area has to offer. I like The momentum but I agree it must be purposeful.
Sprawl it up!