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Formula 1, Union Project and new hotel among Fishers projects the mayor says will reshape 96th Street corridor
Summary
Mayor Scott Fadness spotlighted multiple private developments — Formula 1 race facility, the Union Project, Crossing Flats housing, BW restaurants and a luxury hotel due to break ground May 2026 — and said these projects will catalyze regional growth along the 96th Street corridor.
Mayor Scott Fadness used the State of the City address to update residents on a slate of private development projects he said will transform Fishers' 96th Street corridor and downtown.
Fadness said a Target is under construction and is expected to open in 2027. He described the Formula 1 project — a race facility the mayor said will "transform the 96th Street Corridor" and attract global attention — with facility operations targeted for 2026 and additional private development expected…
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