Developers planning custom homes near downtown Fishers

[Dustin Ruhl]

The Joe Nixon and Gradison Design-Build companies have announced their intention to build eight residential properties and three commercial buildings in the downtown area of Fishers, Indiana. The homes would be stand-alone condominiums or townhouses, ranging from 1,500 to 5,000 square feet. Garages would be built in the back of the properties, facing an alley. The commercial buildings would be two story 2,000 to 3,000 square foot units with commercial space on the first floor and residential space above. This arrangement would thus allow someone to walk down to work. The residential units will be marketed to young professionals or older couples whose children have grown up and left. Prices are expected to be in the range of $300,000 to $800,000. The developers' vision is to mimic downtown Indianapolis, where residents can walk from their homes to offices and restaurants. Joe Nixon started buying up properties over a period of several years in the past. He owns about one acre of land. The existing homes were constructed in the 1960s and will be slated for demolition in the near future. The new units will be modern in design. However, they will incorporate classic architectural features, such as those associated with the farmhouse or cottage styles of construction.

Key Takeaways:

• Joe Nixon Properties LLC and Gradison Design-Build, Are starting a project to reconstruct older neighborhoods into modern living and commercial areas.
• Each project would include modern living and business building along with commercial stores all within walking distance.
• These developments are being designed to attract new business professionals and single people.

"The neighborhood will be geared toward young professionals and empty nesters."

Read more: http://www.ibj.com/blogs/11-north-of-96th/post/61915-developers-planning-custom-housing-near-downtown-fishers