FISHERS — Plans for a proposed $75 million indoor sports facility in Fishers have been canceled, a city spokesperson said this week.
The developers, GK Sports, did not secure financing so they are no longer pursuing the project.
The project was announced in April 2015 at the corner of 134th Street and Olio Road, as a way for Fishers to get more tourism.
It was supposed to span 250,000 square feet, with enough space for 32 basketball courts. A 4,200-seat arena was also planned, possibly for the home of an ice hockey team.
The development was also designed to give Fishers residents free access to basketball courts during the day, as well as a walking and jogging track.
At the time, Mayor Scott Fadness said a survey showed 80 percent of Fishers residents were willing to pay more in taxes if it meant getting a sports center.
Fishers PR Director Ashley Elrod released the following statement about the project:
While this project didn’t come to fruition, we realize that indoor recreational space is desirable for residents of all ages. If a developer made the right proposal, we’d hope to bring that amenity to Fishers.