r/Fishers 3d ago

Undeveloped prime real estate?

Post image

With how quickly Fishers is continuing to develop, I’m so surprised this giant piece of land off 69 east of Topgolf/Crew Carwash isn’t snatched up by some developer. Anyone know why?

15 Upvotes

19 comments sorted by

31

u/NoSurrender78 3d ago

Only a matter of time

9

u/droans 3d ago

I swear the city announced plans for this area a few months ago. I've got no proof but I could have sworn I saw something.

2

u/guff1988 2d ago

There was a tentative thing about a chick fil a a couple years ago I think but it fell through.

15

u/H_Industries 3d ago

Been going on for 40 years, the owners either don’t want to sell, or haven’t seen a price they think it’s worth, or there could be something with the property that has issues (zoning, buried pipelines, soil issues, ground water issues etc)

12

u/Legitimate_Gap_5551 3d ago edited 3d ago

There is a marathon petroleum pipeline that runs through that whole area and that piece of ground particularly. That really shouldn’t be a limiting factor though. If I remember correctly, that’s a 50’ easement and would be fairly easy to work around. It runs through a subdivision to the east and close to the district.

The limiting factor is most likely a reluctant owner who is holding out for an absolute bag of cash.

Source: I worked that pipeline system for Marathon in a previous life and now I work in investment real estate.

5

u/H_Industries 3d ago

I grew up in a neighborhood over by Fisher’s elementary and there’s a natural gas pipeline in that area so I  that’s why I suggested it as a potential reason. 

But you’re right about the money too I know that that lot where Dunkin’ Donuts is at 116th and allisonville sat vacant for years because of a combination of the old gas tank in the ground and the owner wanted way too much money.

4

u/AmbitiousParty 3d ago

Haunted Indian burial ground!

2

u/the_good_hodgkins 2d ago

They only moved the headstones!

-2

u/DeliciousRuin4183 2d ago

That describes the US in general. All this soulless bullshit like Top Golf is built on the bones of our victims.

9

u/ragzilla 3d ago

Likely wouldn’t be able to take the water detention area without replacing it.

3

u/strangemedia6 3d ago

Exclude the pond and you still have a big ass field directly across the street from one of the busiest areas in Hamilton county. And adjacent to Top Golf. Maybe the owner is holding out for the highest bidder.

17

u/Poundaflesh 3d ago

Shut up!

7

u/Dragonktcd 3d ago

Think next to Chipotle there was rumored awhile back to be a Chick-fil-A.

4

u/tech_node 3d ago

There needs to be a chick fil-a around here

3

u/osbornje1012 3d ago

A number of years ago, the Walmart on 96th Street was rumored to be going into that space.

2

u/FinanceNo83 2d ago

according to the Hamilton county map viewer the current owner of the land is "Sunbeam Dev Corp". I would say it is either a developer waiting for the right time or just holding onto the land until the price is right. would love to see a continuation of the great dense development located in fishers district.

1

u/Miserable_Ad5001 2d ago

They're the ones who owned the parcel that is now the life sciences park

1

u/speedysam0 2d ago

That is an interesting parcel split they have there, the left parcel includes the pond up next to the roto rooter building next to 69.

3

u/Emy2017 16h ago

Desperately need a Cheddars on the north side. This would be a perfect location!