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Fishers to unveil 900-acre medical, tech plan |
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Monday, 05 October 2009 11:31 |
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Fishers to unveil 900-acre medical, tech plan
Courtesy of the Indy Star
The town's leaders are developing a plan for a massive medical and technology park on the northeast side.
 Planning officials will unveil the plan, which the town has kept quiet for the last year, to the Town Council at 7 p.m. Wednesday.
"We have not made a big public thing about it," Development Director Wes Bucher said. "We feel the council ought to be the first ones to see it."
The plan divides about 900 acres between I-69's Exit 10 and the county's eastern border -- about three miles apart -- into five districts with different characteristics and uses.
Most of the area, which is primarily homes and farmland, would be switched to "corporate park" zoning that allows everything from commercial to industrial and higher education developments, Bucher said.
Denser development would allow the town to collect about $36.3 million more in impact fees, according to the plan. The corporate park also would increase the land's assessed value by nearly $602 million and add 29,000 jobs, according to the plan.
The five districts would be south of I-69 from the Noblesville-Ind. 238 exit to the county line. They also would cover large chunks along Ind. 238, which will be renamed Southeastern Parkway, and Cyntheanne Road.
Though the community hasn't had much input yet, the town will have public meetings with landowners in the area and public hearings before the Town Council considers adopting the plan.
The town would like to have the plan solidified by early next year. Construction will depend on developer interest, but the park likely will take several years to build out, Bucher said.
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Last Updated on Monday, 05 October 2009 11:58 |
