FISHERS, Ind. - One of Indiana's fastest-growing cities is getting a new luxury living space. On Thursday, The City of Fishers, Rebar Development and Tegethoff Development came together for a groundbreaking ceremony for CityView going up in the bustling Nickel Plate district. “I think it’s a key building block to downtown Fishers,” said Mayor Scott Fadness with the City of Fishers. The $90 million investment will feature nearly 200 luxury apartments specifically designed for people 55 and older, two restaurants, retail space, outdoor amenities and more. “The city council with Mayor Fadness’ leadership asked us to think of something other than just market-rate apartments and that's where we really became passionate about this active adult project in Fishers where it adds that component,” said Tom Dickey, president and partner with Rebar Development.  The new development will be located on 116th Street and Lantern Road right in all of the hustle and bustle of downtown Fishers. CityView Luxury renderingsCityView Luxury renderingsCityView Luxury renderings “These folks are going to be going out to dinner, spending money and that's what it's about,” Dickey said. “It adds another piece to the puzzle to get people downtown to support the shops and restaurants.”  City leaders said they are excited about the new development and local business owners are chiming in with their thoughts too. “More people, more fun community things to do downtown is tremendous,” said Kyle Kreutzinger, a business owner with Fritz in Fishers. “Fishers has seen so much immense growth, especially in the last 10-15 years so to continue to see that, to bring revenue, to bring communities, to bring families, and now  having a 55 and over community, to continue to grow that in a different aspect is tremendous for the growth of the city.” And this is a unique space because it's tailored to older Hoosiers who love Fishers. “It allows people who have lived here a long time, raised their children, now have grandchildren here but want to stay in the area and may have a home somewhere else to rent here, stay here, and that frees up their four-bedroom home for another family to move in,” Dickey said. As Fishers continues to grow as one of the fastest-growing cities in the state, city leaders want to reflect back on all that has come over the last decade while looking forward to the future. “It's been a wild ride,” Mayor Fadness said. “To see where we are today and where we have come from is truly exciting.” Construction is expected to wrap up in mid-2027.