Thompson Thrift Breaks Ground on A New Venture
Thompson Thrift, a nationally recognized real estate company and the master developer behind significant projects like Fishers District, has taken a major step by breaking ground on The Union at Fishers District. This mixed-use development will become the cornerstone of a rapidly growing area, introducing luxury residences, diverse retail options, and impressive office spaces, alongside Indiana’s inaugural AC Hotel by Marriott.
Creating a Vibrant Community Space
Designed with collaboration at its core, Thompson Thrift is committed to creating spaces that foster community and connection. According to Dan Sink, the president and chief financial officer at Thompson Thrift Development, The Union symbolizes a culmination of their extensive expertise in construction and development. This project is set to establish a vibrant environment that serves the community effectively for years to come.
Strategic Location and Features
Situated conveniently near major transportation routes, the commercial aspects of The Union are poised for completion in late 2026. The site will include 57,000 square feet allocated for retail, restaurant, and entertainment, as well as 70,000 square feet of top-tier office space. The development will also feature a 135-room AC Hotel that promises to elevate both temporary and local business experiences.
A Hub for Modern Workspaces
Ryan Menard, vice president of development for Thompson Thrift Commercial, highlighted the growing need for contemporary work environments. The office spaces are designed to meet the escalating demands of companies seeking modern amenities integrated into bustling environments. These offices are to be positioned above retail spaces, ensuring a lively and engaging atmosphere.
Diverse Dining and Retail Options
The culinary landscape at The Union is already shaping up to be exciting, with several tenants having secured leases, including Piedra, which offers an upscale Mexican dining experience, and Niku Sushi.Kitchen.Bar providing contemporary Japanese cuisine. Other notable restaurants include Kitchen Social, Everbowl, and Racha Thai, promising an eclectic mix of dining choices that reflect a commitment to quality and innovation.
Health and Wellness Facilities
The Union will also prioritize wellness with tenants like Renova Aesthetics, a medical spa, and Sweathouz, which will provide various health and recovery treatments. This focus on holistic well-being reinforces Thompson Thrift’s commitment to creating a community where residents can lead balanced lives.
Residential Living at Its Finest
The Union Flats, a Class A multifamily development, is designed to attract residents seeking a modern lifestyle. It will consist of 251 apartments located above retail spaces, ready to welcome occupants by late 2026. An amenity deck will feature a resort-style swimming pool, outdoor entertainment kitchen, and cozy seating areas around electric firepits, creating a perfect blend of relaxation and community gatherings.
Emphasis on Luxurious Living
Residents can expect a variety of options in studio, one-, two-, and three-bedroom layouts that are designed to offer luxurious living. Each apartment will include quartz countertops, stainless steel appliances, and energy-efficient features that echo Thompson Thrift’s commitment to quality and sustainability.
Community Impact and Future Vision
The local leadership, represented by Fishers' Mayor Scott Fadness, lauds the development for its innovative design and pedestrian-friendly layout. With space for entertainment, dining, and community gathering, The Union is poised to enrich the quality of life for residents and visitors alike.
Thompson Thrift’s legacy in the region is notable; the company has invested over $6 billion in developments across the Midwest, Southeast, and Southwest, earning recognition for high-quality residential and commercial projects. The Union at Fishers District is poised to be the pinnacle of their efforts, delivering a multifaceted community that thrives on connectivity and convenience.
About Thompson Thrift Real Estate Company
Thompson Thrift is an integrated real estate enterprise with operations spanning several U.S. regions, notably Indianapolis, Terre Haute, Denver, Houston, and Phoenix. Operating three primary business units, the company excels in residential, commercial, and construction endeavors. Their commitment to quality and service has earned them accolades, reflecting their continuous commitment to excellence.
Frequently Asked Questions
What is The Union at Fishers District?
The Union is a mixed-use development comprising residential units, office spaces, and various retail options, anticipated to enhance the community’s vibrancy.
When will The Union at Fishers District be completed?
The commercial section of The Union is expected to be completed by late 2026.
What kind of amenities will be available at The Union Flats?
The Union Flats will feature a resort-style pool, fitness center, various community gathering spaces, and modern apartments with high-end finishes.
Who are some of the tenants at The Union?
Notable tenants include Piedra, Niku Sushi.Kitchen.Bar, and several health-focused businesses like Renova Aesthetics.
How has Thompson Thrift impacted local communities?
With over $6 billion invested in diverse projects, Thompson Thrift is a pivotal player in creating quality residential and commercial spaces across the Midwest, Southeast, and Southwest.
