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Thompson Thrift Receives Approval to Move Forward with Next Two Phases of $750 Million Master-Planned Fishers District Near Indianapolis

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Last Updated on July 5, 2024 by Daily News Staff

INDIANAPOLIS /PRNewswire/ — Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading commercial real estate developers, announced today that the city of Fishers has provided approvals that clear the way for work to begin on the next two phases of its expansive master-planned Fishers District development in the Indianapolis suburb of Fishers.

“We are very pleased to be taking the next steps towards bringing our vision into reality,” said Ashlee Boyd, managing partner of Thompson Thrift Commercial. “We continue to appreciate and value the city’s partnership in helping to bring this landmark project to completion for the benefit and enjoyment of residents and visitors alike.”

Located near Interstate 69 and 116th Street, The Union will be a mixed-use development that will create a true urban experience. Plans for the 10-acre parcel include approximately 55,000 square feet of retail space, 60,000 square feet of Class A office space, a 150-room boutique hotel, a 250-unit multifamily community and 805 structured parking spaces that will provide parking for both residents and center visitors. Thompson Thrift is currently in negotiations for the hotel and approximately 40% of the retail space. Infrastructure work will begin in 2024 and Thompson Thrift plans to begin vertical construction in early 2025.

The Crossing at Fishers District will utilize 62 acres of land at the southern end of the development, the centerpiece of which will be the city-owned 7,500-seat event center currently under construction and the future home of the Indy Fuel—the professional hockey minor league affiliate of the NHL’s Chicago Blackhawks. The development will be a true mixed-use property, with office, retail, restaurant, residential, hotel and entertainment options. The event center is expected to be completed later this year.

“Fishers has been working with Thompson Thrift for several years to bring Fishers District to fruition, and we are very excited to provide approval for these next two phases of this monumental development,” said Fishers Mayor Scott Fadness. “Thompson Thrift has shown a commitment to bringing new categories and concepts and we look forward to hearing more about the line-up of dining, retail and entertainment options that will create hundreds of jobs and further boost our local economy.”

One new-to-Fishers name that has already committed to space at The Crossing is Chicken N Pickle. Chicken N Pickle is a unique indoor/outdoor entertainment complex that includes a casual, chef-driven restaurant and sports bar that boasts pickleball courts and instruction, a variety of yard games and space for live entertainment and lounging.

Thompson Thrift first began work on the Fishers District development in 2015 and received a Monumental Award from the Indianapolis Chamber of Commerce in 2020 for the first phase.

This past summer, Thompson Thrift hosted a ribbon cutting for Slate at Fishers District, a 242-unit luxury townhome and villa community adjacent to Fishers District. Demand for the community has been strong and leasing is currently progressing ahead of schedule.

Once completed, the $750 million development will span 123 acres and will be comprised of five distinct developments offering an array of multifamily, townhome, hotel, dining, shopping, and entertainment options. The developments will be connected by well-designed walking paths that will offer residents and visitors the opportunity to explore the master-planned development on foot.

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Ryan Menard, vice president development for Thompson Thrift stated, “We think the combination of location, strong demographics, thoughtful design and high-quality construction will continue to drive great existing and new-to-market tenant interest in each of the Fishers District developments and create a truly unique environment with something for everyone.”

Fishers is one of the fastest-growing communities in Indiana and has consistently been nationally ranked as a top place to live. Located less than 15 miles from downtown Indianapolis, Fishers has more than 100,000 residents and is known for its entrepreneurial spirit and for attracting high-growth companies with its pro-business climate. 

Thompson Thrift is a full-service real estate development company focused on ground-up commercial and mixed-use development across the Midwest, Southeast and Southwest. During the past 30+ years, Thompson Thrift has invested more than $5 billion into local communities and has become known as a trusted partner committed to developing high-quality, attractive multifamily, commercial and industrial projects.

About Thompson Thrift Real Estate Company
Thompson Thrift is an integrated full-service real estate company with offices in Indianapolis and Terre Haute, Indiana; Denver; Houston and Phoenix. Three business units drive Thompson Thrift’s success—Thompson Thrift Residential which is focused on upscale Class A multifamily communities and luxury leased homes, Thompson Thrift Commercial which is focused on ground-up commercial development, and Thompson Thrift Construction, a full-service construction company. Through these business units, Thompson Thrift is engaged in all aspects of development, construction, leasing, and management of quality commercial real estate projects across the country. The company earned national recognition as a winner of a 2023 Top Workplaces USA award, the latest accolade that reflects the company’s ongoing commitment to excellence in the community and workplace. For more information, please visit www.thompsonthrift.com.

SOURCE Thompson Thrift

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Food Truths

The Truth About the “Chemical” in McDonald’s Burger Buns: Should Consumers Be Concerned?

What’s in the Burger Buns:The “yoga mat chemical” controversy changed how consumers view food additives. Here’s what azodicarbonamide is, why McDonald’s removed it, and what the science actually says.

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The Truth About the "Yoga Mat Chemical" in McDonald's Burger Buns
Image Credit: Adobe Stock

For years, headlines and social media posts have warned consumers about a so-called “yoga mat chemical” found in hamburger buns served by major fast-food chains. The claims sparked widespread concern, prompted petitions, and eventually led several restaurant companies—including McDonald’s—to change their recipes.

But what was the chemical, and is there actually a health risk today?

What Was the Controversial Ingredient?

The ingredient at the center of the controversy was azodicarbonamide (ADA), a chemical used as a dough conditioner. It helped improve the texture of bread, making dough easier to handle and producing softer, more consistent buns.

Ironically, the same compound is also used in manufacturing certain foamed plastics, including some yoga mats and shoe soles. That connection gave rise to the viral nickname, “the yoga mat chemical.”

While the comparison was technically accurate, it also lacked important context. Food-grade azodicarbonamide and industrial applications are very different, and many chemicals have multiple uses across industries.

Why Did People Become Concerned?

The concern wasn’t simply that ADA was used in food. Scientists focused on what happens during baking.

When bread is baked, most azodicarbonamide breaks down into other compounds. Some laboratory studies involving animals raised questions about one of these breakdown products, called semicarbazide (SEM), when administered in high doses.

Those findings prompted some countries to take a more cautious regulatory approach.

mouthwatering close up of a double patty hamburger 2026 03 26 04 39 10 utc
Image Credit: Adobe Stock

Why Is It Banned in Some Countries?

The European Union and Canada do not permit azodicarbonamide as a flour treatment agent. Their food safety policies often follow the precautionary principle, removing ingredients when safer alternatives exist or when scientific uncertainty remains.

In contrast, the U.S. Food and Drug Administration has determined that azodicarbonamide is safe when used within approved limits.

These differing regulations don’t necessarily mean one side believes the ingredient is dangerous while the other believes it is harmless. Instead, they reflect different philosophies about regulating food additives.

Does McDonald’s Still Use It?

No.

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McDonald’s removed azodicarbonamide from its U.S. hamburger buns in 2014 following growing consumer demand for simpler ingredient lists.

Today’s buns no longer contain the ingredient, joining a broader trend among food manufacturers to eliminate additives that have become controversial with consumers.

Are There Other Ingredients Consumers Should Know About?

Modern commercial bread still contains ingredients designed to improve freshness, texture, and shelf life.

These may include:

  • Calcium propionate to prevent mold
  • Ascorbic acid (Vitamin C) as a dough conditioner
  • Enzymes that improve consistency
  • Emulsifiers that help maintain softness

These ingredients have been evaluated by food safety agencies and are generally recognized as safe when used according to regulations.

The Bigger Health Picture

Nutrition experts generally agree that focusing on one ingredient can distract from the larger issue.

The greatest health risks associated with fast food are more closely linked to:

  • High sodium intake
  • Excess saturated fat
  • Added sugars
  • Large portion sizes
  • Frequent consumption of ultra-processed foods

An occasional fast-food meal is unlikely to determine someone’s long-term health. Overall dietary patterns, physical activity, sleep, and other lifestyle factors have a much greater impact.

Consumer Awareness Is Changing the Food Industry

Whether or not an ingredient poses a measurable health risk, public concern can influence corporate decisions.

Over the past decade, many food companies have reformulated products to remove controversial ingredients, reduce artificial additives, and simplify ingredient labels. In many cases, those changes have been driven as much by consumer preferences as by regulatory requirements.

The Bottom Line

The “yoga mat chemical” story captured public attention because it combined science, food safety, and memorable marketing. While azodicarbonamide was once used in some hamburger buns, including those supplied to McDonald’s, the company removed it from its U.S. buns years ago.

Current evidence suggests consumers are better served by paying attention to their overall diet rather than worrying about a single ingredient that has already disappeared from many products.

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Being an informed consumer means looking beyond the headlines, understanding the science, and recognizing that nutrition is about the complete picture—not just one ingredient.

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Association of Black Cardiologists to Celebrate Legacy and Leadership at 16th Annual Spirit of the Heart Awards

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The Association of Black Cardiologists (ABC) is bringing its signature celebration of impact back to New York City this fall—spotlighting leaders and organizations working to make cardiovascular care more equitable, more accessible, and more effective. The 16th Annual Spirit of the Heart Awards Program & Fundraiser is set for Saturday, October 3, 2026 (6:00 p.m.–9:00 p.m.) at Cipriani Wall Street in Manhattan.

For ABC, the evening is more than a high-profile awards program. It’s a cornerstone fundraising event that helps power the organization’s year-round work—supporting medical student scholarships, fellowships, education, and programs designed to strengthen the pipeline of diverse clinicians and researchers while improving outcomes in communities that carry a disproportionate burden of heart disease.

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The official invitation for the ABC 16th Annual Spirit of the Heart Awards Program & Fundraiser, taking place October 3, 2026, at Cipriani Wall Street in New York City.

A fundraising night with long-term stakes

ABC leaders say the Spirit of the Heart Awards is built around a simple idea: celebrating progress while investing in the people who will drive the next wave of change.

Event co-chair Icilma Fergus, MD—Director of the Cardiovascular Disparities Center at Mount Sinai Medical Center and Board Chair of ABC—framed the night as a forward-looking commitment.

“This gathering is about more than one evening of celebration; it is about investing in the future of cardiovascular health for years to come,” Fergus said in the announcement. She added that the support generated through the event helps expand opportunities for aspiring clinicians, researchers, and leaders whose work can transform care and improve lives nationwide.

Honorary Chairperson: Samin K. Sharma, MD

ABC announced Samin K. Sharma, MD as the event’s Honorary Chairperson. Sharma serves as Chief of Clinical Cardiology, Director of the Cardiovascular Clinical Institute, and the Anandi Lal Sharma Professor of Medicine at the Icahn School of Medicine at Mount Sinai.

In the release, ABC highlighted Sharma’s international reputation in interventional cardiology and physician education, noting that he has trained cardiovascular specialists from around the world while advancing the field through research, mentorship, and patient care.

“I am honored to serve as Honorary Chairperson for this important event,” Sharma said. “The Spirit of the Heart Awards Program reflects the power of partnership, philanthropy, and leadership to advance cardiovascular health.”

The Association of Black Cardiologists will host the 16th Annual Spirit of the Heart Awards Oct. 3, 2026 in NYC to honor leaders advancing heart health equity and fund scholarships.
The official invitation schedule for the ABC 16th Annual Spirit of the Heart Awards Program & Fundraiser, taking place October 3, 2026, at Cipriani Wall Street in New York City.

A full weekend of impact, including policy

The awards program is part of a broader weekend of programming. On Friday, October 2, ABC will host its Annual Policy Pulse Summit at Venable LLP in New York City, convening leaders to discuss policy issues shaping the future of cardiovascular health.

What to expect at the Spirit of the Heart Awards

ABC is positioning the evening as both a celebration and a community gathering—bringing together leaders from healthcare, philanthropy, industry, and advocacy.

The event will be co-emceed by:

  • Sandra Bookman, award-winning journalist and anchor of Eyewitness News on ABC7/WABC-TV New York
  • Thomas Cunningham IV, President and Chief Content Officer of BrandCunningham

The program is expected to include:

  • Presentation of the Spirit of the Heart Awards
  • Recognition of medical student scholarship recipients
  • Special guest appearances
  • live auction
  • Musical entertainment

Event co-chair Barbara Hutchinson, MD, PhD, President of Chesapeake Cardiac Care, emphasized the role of sustained collaboration in moving the needle on heart health.

“The Spirit of the Heart Awards Program is a reminder that lasting progress in cardiovascular health is achieved through vision, partnership, and sustained commitment,” Hutchinson said.

How to attend, sponsor, or support

ABC is directing attendees and supporters to its event site for tickets, sponsorship opportunities, and donations:

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About the Association of Black Cardiologists

Founded on the belief that “every heart counts,” the Association of Black Cardiologists works to promote prevention and treatment of cardiovascular disease and to advance health equity by eliminating disparities. ABC’s membership is open to all, regardless of race, ethnicity, or vocation. The organization’s work spans education, advocacy, research, patient and community outreach, and leadership development.

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Food and Beverage

Millions of Eggs Recalled Over Possible Salmonella Risk: What Consumers Need to Know

A major egg recall is affecting nearly 1.6 million dozen eggs sold under several popular brands. Here’s how to determine if your eggs are included and what steps to take if they are.

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Photo by Nda Arsa on Pexels.com

Consumers are being urged to check their refrigerators after a major recall involving nearly 1.6 million dozen shell eggs due to the potential presence of Salmonella Enteritidis, a bacterium that can cause serious foodborne illness.

The voluntary recall, announced by Midwest Poultry Services, L.P., affects white shell eggs and brown cage-free eggs produced at two Texas farms and distributed between June 6 and July 3, 2026. According to the U.S. Food and Drug Administration (FDA), the eggs were sold through grocery stores and foodservice distributors in Texas, Louisiana, Oklahoma, Arkansas, Mississippi, and New Mexico.

What Brands Are Included?

The recalled eggs were sold under several familiar brand names, including:

  • Kroger
  • Simple Truth
  • Brookshire’s
  • Country Morning
  • Sunups

Not every carton under these brands is affected. Consumers should look for:

  • Plant Code: P-1950 or 0840962
  • Julian Dates: 157 through 184
  • Best By/Sell By Dates: July 20, 2026, through August 17, 2026

Why the Recall Matters

Salmonella can cause symptoms including:

  • Diarrhea
  • Fever
  • Stomach cramps
  • Nausea
  • Vomiting

Symptoms typically begin 12 to 72 hours after eating contaminated food and usually last four to seven days. While many healthy adults recover without treatment, infections can become severe in young children, older adults, pregnant women, and people with weakened immune systems.

The FDA and the Centers for Disease Control and Prevention (CDC) are investigating a multistate outbreak involving 98 confirmed illnesses across 17 states, resulting in 26 hospitalizations. No deaths have been reported. Investigators say the recalled eggs are linked to part of the outbreak, although they do not account for every reported illness.

What Should You Do?

If you have eggs matching the recalled codes:

  • Do not eat them.
  • Return them to the store for a refund or dispose of them safely.
  • Wash your hands thoroughly after handling the carton.
  • Clean and sanitize any refrigerator shelves, containers, or kitchen surfaces the eggs may have touched.

If you have already eaten the eggs and develop symptoms of Salmonella infection, contact your healthcare provider, especially if symptoms are severe or persist.

Are Arizona Consumers Affected?

The recalled products were officially distributed in six states, and Arizona is not listed among the primary distribution states. However, because food products can move through wholesalers, travelers, or secondary retailers, Arizona consumers who recently purchased eggs while traveling—or who received eggs from family or friends in affected states—should still check the carton codes.

The Bottom Line

Food recalls are an important part of protecting public health. Taking a few moments to inspect the eggs in your refrigerator could help prevent a serious illness. If your carton matches the recalled plant codes and date range, don’t take the risk—return it or throw it away.

STM Daily News will continue to monitor this developing story and provide updates as additional information becomes available.

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