FISHERS, IN – Mayor Scott Fadness announced two economic development projects at today’s state of the city up for consideration at the February City Council Meeting.
“These two projects demonstrate that Fishers is a vibrant, attractive place for a diverse range of businesses,” said Mayor Fadness. “Announcing the relocation of two company headquarters to our community furthers our commitment to provide high-quality opportunities for work right here in Fishers.”
With an 80,000 square feet, three-story building, STANLEY Security will move its headquarters and more than 300 jobs to the Fishers Point Business Park. The new building will be a $15.9 million working representation of STANLEY Security’s innovative technologies, and is expected to begin construction shortly after approval. The new location in Fishers will allow STANLEY Security’s leadership team to move forward under one roof and provides easy interstate access with the planned I-69 interchange at 106th Street.
”We are excited to bring so many of our Indianapolis employees together in one location, in a city that’s been a great partner in helping us make this facility a reality,” stated Jim Cannon, President of STANLEY Security North America.
Also announced today, Braden Business Systems plan to relocate its corporate headquarters and more than 70 jobs to the Nickel Plate District with a new building constructed at 7 Municipal Drive. With a minimum investment of $5.6 million, the project includes at least 35,000 square feet, four-story building with an outdoor terrace. In the proposal, Braden Business Systems will occupy 20,000 square feet, and the City of Fishers will master lease the remaining 15,000 square feet. The organization intends to hire an additional 90 full-time employees by 2020.
As a leader in the office solutions provider industry with an emphasis in the technology sector, the strategic move to Fishers aligns with the organization’s entrepreneurial vision and furthers the critical mass of tech-focused businesses in the community. Braden Business Systems intends to begin construction this summer.
“In reviewing all of our options to call home for our team, Fishers rose quickly to the top of the list,” said Dave Braden, President of Braden Business Systems. “We are excited to join and add value to the technology renaissance in Fishers for decades to come,” said Erik Braden, Director of Business Development & Acquisitions at Braden Business Systems.
“Our community offers easy access in a great location, a talented workforce and a supportive municipal government. I look forward to more announcements like this in the near future,” said Mayor Fadness.
Both projects include an abatement and fee waiver agreement and will be considered at the City Council meeting on Monday, Feb. 15. The Braden Business Systems agreement also includes the dedication of land for the new building. The Indiana Economic Development Corporation has partnered with Braden Business Systems on the project as well.
About STANLEY Security:
STANLEY Security, a division of Stanley Black & Decker (NYSE: SWK), is a provider of integrated security solutions defining the future of the security industry. STANLEY delivers a comprehensive suite of security products, software and integrated systems with a strong emphasis on service. STANLEY is powered by a culture of continuous innovation, providing revolutionary technology and unmatched customer service to commercial, institutional and industrial businesses and organizations. We focus on complete customer transparency and operational excellence in the five customer touchpoints: account management, installation, service, monitoring and billing. STANLEY takes pride in our signature approach to doing business – offering global resources, with a local touch. As one of the world's largest and most comprehensive security providers, we're protecting what's important to you by designing, installing, servicing and monitoring an extensive array of products and solutions that span the entire security spectrum.
About Braden Business Systems:
Braden Business Systems, a national award-winning and industry-leading office technology solutions provider, helps companies large and small optimize processes, accelerate growth, and drive profits with a robust array of business equipment and services. Founded in 1989, Braden Business Systems have become experts in the business with hundreds of years of combined experience. A local business, with a national presence in more than 700 branch locations. Learn more at www.bradenonline.com.