Over 85 locations and growing! Open a Location Alert Bar Link

New Franchise – New Ellipse Building in Fishers Lures Tenants

As seen in the Indianapolis Business JournalIBJ logo

A prominent new office building on the north side of Fishers’ downtown municipal plaza will house a yoga studio, a coworking space, an engineering firm and an unnamed tech company.

Fishers-based BW Development LLC, a sister company to Indianapolis-based RQAW Corp., introduced plans for a $10 million Ellipse office building at 11 Municipal Drive in May 2018. The 45,000-square-foot building was designed to fill the last vacant city-owned property near the Nickel Plate District Amphitheater. Now, with construction complete, 30,000 square feet is spoken for.

— Colorado-based Office Evolution opened its second Indianapolis-area coworking space in the building’s second floor on February 5.

Founded in 2003, the company has 65 franchised locations across 24 states. Indiana’s only other location opened in August 2018, at 550 Congressional Boulevard, Suite 115, in Carmel.

Local operators Tom and Lori Fifer have filled the 11,500-square-foot Fishers location with dedicated workspaces, private offices, conference rooms and shared workspaces featuring wraparound professional services.

{{cta(‘41222951-0231-49fe-b328-fdd4c3793473’)}}

Evolve the way you work

Discover an Office Evolution near you!

Modern conference room with bright orange ergonomic chairs and a large window view at Office Evolution.

Related Articles

Member Spotlight

February 1, 2026

Clarity and confidence are essential for financial decision-making and an exceptional client experience. Elevated Wealth Advisory Group believes the same…

Education, Virtual Office

February 1, 2026

Before a customer ever calls, emails, or schedules a meeting, your website, search results, and online business listings work 24/7…

Education

February 1, 2026

When businesses compare office options, the conversation usually starts and ends with rent. But for many growing businesses, the biggest…