FISHERS, Ind. - The cost for a culinary development in Fishers has more than doubled, in part, because of a planned luxury apartment complex.
Thompson Thrift Retail Group confirms in addition to about 20 restaurants and shops already planned, The Yard at Fishers District will also boast a 252-unit apartment building. This would bring the estimated cost of The Yard to $110 million,when it was originally slated to be around $40 million.
The apartment complex will also have 120,000 square feet of retail space and a three-story parking garage.
Thompson Thrift has also announced that the dual-branded hotel, Hyatt Place and Hyatt House, is planned for The Yard. It would be a six-story hotel with 211 rooms.
The Yard will be located between 116th Street and IKEA Way.
Groundbreaking for the development is set for Thursday, June 7, at 3 p.m.
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