Fishers to Announce $1B in Investments for Local Projects in Next 30 Days

Fishers Mayor Scott Fadness, his administration, developers and global firms will propose projects with over $1 billion of investment within the next 30 days. The proposed projects build upon Mayor Fadness’ vision to accelerate Fishers’ economic growth and quality of life efforts.

The first of these investments include Monday’s Andretti Global announcement with a $200 million investment to establish its global headquarters and visitor experience in Fishers.

Andretti Global will build a modern, 575,000-square-foot facility on 90 acres in Fishers near the Nickel Plate Trail, Ritchey Woods Nature Preserve and Indianapolis Metropolitan Airport.

The new development will serve as the headquarters of Andretti’s global commercial functions and the base of operations for the team’s current NTT INDYCAR SERIES, Indy Lights and IMSA programs, as well as other future racing initiatives. In addition to housing day-to-day operations for the racing team, the building will be home to the advanced research and development efforts of Andretti Technologies.

This announcement continues to show the positive impact the Nickel Plate Trail is having following last week’s announcement of Fishers’ first for-sale condo development, REV, located at 116th Street and the Trail. The 35-unit luxury condo project adds housing diversity and increases access to a walkable lifestyle in Fishers.

Details on other projects will be forthcoming.