Mixed-Use Development Planned for 'The Yard'

by BHHS Indiana Realty on 2/27/2018

Mixed-Use Development Planned for 'The Yard'

Thompson Thrift Retail Group has announced plans for a new mixed-use development at The Yard at Fishers District. The project will include more than 250 luxury apartment homes, 120,000 square feet of retail space, two hotel concepts and a three-story parking garage.

An estimated cost for the project has not been released. Thompson Thrift says the apartments will be developed by its multifamily division, Watermark Residential.

“We are excited about incorporating this use into the project, which will further serve to make The Yard at Fishers District a one-of-a kind destination and gathering place for the community,” said Ashlee Boyd, managing partner for Thompson Thrift. “It really is a natural fit for the project that will greatly enhance the consumer experience and activate the project on a daily basis, bringing more energy to an already dynamic environment.”

Plans for The Yard, a $40 million culinary and entertainment hub, were announced in December 2016. The development will feature more than a dozen restaurants and a culinary accelerator, and Watermark Residential Managing Partner Josh Purvis says adding apartments to the district is a “logical decision.”

By Alex Brown, Multimedia Journalist